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P63: Building a Sweet Stinky Product for Indoor "Growers" - Alex Ouvaroff of The Bud Grower

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Episode  ·  1 Play  ·  1:08:47  ·  Dec 30, 2022

About

Time-Stamped Show Notes:1:46 Alex’s company started from only $500.2:56 During a cocktail party, Alex decided to try and grow cannabis at home.4:51 One of the benefits of bootstrapping is knowing the wants and needs of your customers.7:39 By leaving his job as a business consultant, Alex knew that it was his time to start his entrepreneurial career.9:22 The early days of running the company were the happiest moments for Alex.11:32 The picture of Alex on his website was a stock image.12:46 The main reason for starting the company was not only because he wanted to become his own boss, but he also wanted to do something for himself.15:33 Since he worked for different startups and companies that ran out of money, Alex knew that he had to be fully prepared when he started his own company.17:27 The opportunities that he sees in this industry are what drives Alex today.19:56 Alex talks about his product and what his company sells to their customers.26:45 Originally from the UK, Alex shares his early life and his boarding school education.28:31 When he was in high school, he excelled in rowing and took it seriously.31:19 His father was into the car dealership business. Also, the lesson of understanding the customers came from his father.34:10 Being present and positive for your family while running a business is very important for Alex.40:14 Alex shares his story of how he became interested in business.44:09 Coming out of the university, Alex was ready to get into the real world. He had to choose between working at an auction house or the advertising business.46:05 Working in the advertising industry was a great experience for Alex.48:38 In the late 90s, Alex was sent to Moscow, Russia to do advertising work.54:55 Alex was given the opportunity to work and help an energy drink company to launch in the US.56:22 Having just turned 30 years old, Alex decided to move to the US.1:00:04 One of the startups that Alex worked with had an issue with the federal government and it wiped him out financially.1:03:28 For Alex, transitioning into a business owner and entrepreneur is totally worth it.1:05:13 Alex was 49 years old when he started The Bud Grower.1:06:24 More key advice and business tips from Alex.Key Point from the Interview:“Moscow was that sort of double slap across the face on what the real world was like. Basically, you do one of two things, you sort of curl up in a fetal position or you just say I’m gonna do this, I’m going to do this, and I’m probably going to fail and as long as I don’t get shot and killed, then it’s been a good day.”Resources Mentioned:LinkedIn: AlexanderOuvaroffTwitter: @GrowerBudInc.com Profile: TheBudGrowerTheBudGrower.comTheBudGrower Earns High Ranking on Inc. 5000 List of Fastest Growing Private Companies in America Hosted on Acast. See acast.com/privacy for more information.

1h 8m 47s  ·  Dec 30, 2022

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