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Insights into Success

Insights into Success has been created to give small business owners and entrepreneurs around the world, never before access to successful business people to hear about their "warts and all" journey to success. There is no "sugar coating", we want to hear the truth so our listeners can have realistic expectations and therefore be better prepared to succeed! We specifically want to know, just how close they came to failure and why they think they ultimately succeeded. What do they think our listeners need to do in order to succeed? As part of the series, we also feature the theme "Read to Succeed", a short podcast where we ask those successful business people that are readers, whether they read a book that had a meaningful impact on their journey to success. What was it? What was it about and what were the key "takeaways" for them. It need not be a business book, but a book that made a difference. Not all successful people are readers but many are. Reading is a great way to up-skill yourself and learn from the experiences of others! Insights into Success is brought to you by Making Sense of Marketing where we take a "holistic" approach. In order to help solve our followers marketing problems. We recognize the importance of helping them in other ways, which can ultimately impact on their success with marketing. Insights into Success is one of the many resources we have created to help small business owners all around the world. By learning from those that have already succeeded, we hope to help our follower’s shortcut their own journey to success. At Making Sense of Marketing, the feedback we receive from small business owners, is they perceive that they have a shortage of time as they look to juggle their responsibilities. Everyone can spare 15 minutes - right? If you can't listen to the podcast all at once, no bother, just listen to what you have time for (at least 15 minutes) and come back to hear the rest! You don't want to miss out on all the great content! We want no excuses, just results for our followers! With our Read to Succeed, they will typically be around 5 to 10 minutes.

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Insights into Success

From Family Business to International Company!

August 23, 2023 • with Paul Dodds • Season 3 • Episode 108

Most family businesses, remain small and for a long time the Margolin family hair solution business looked no different. Everything changed when firstly Ryan and then his two brothers joined the business.

With time and a different perspective, they saw opportunities. Their small family business has now grown into a multinational company that not only has their own class leading products but also contract manufacturers to others in the cosmetics industry.

In this interview Ryan provides insights into the challenges they have faced along with the secrets to their success!

0:55 The beginnings of their family business
6:10 Moving to Florida
9:07 A new water based solution.
15:13 How big is the market?
19:09 Change in the family
22:47 How is working with your brothers?
25:11 The challenge of manufacturing yourself.
29:09 Making mistakes without bankrupting yourself
31:01 Operating internationally.
35:57 Anti-counterfeiting software.
42:23 What have been some of the biggest mistakes made?
44:4 Company ownership.
45:46 Where to from here for the business?
47:41 Competing against big corporates - the point of difference?
48:54 What are the keys to being a successful entrepreneur?
50:58 How complimentary are the skills of each brother?

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