with Tariq Farid
This advice-line episode features Edible Arrangements founder Tariq Farid joining host Guy Raz to answer real-time questions from three entrepreneurs. Tariq first shares an update on Edible Arrangements, including generational leadership transition, brand reinvention, and navigating the emerging "edibles" space. Callers then seek advice on educating consumers about Filipino banana ketchup, naming a highly sustainable polar expedition company, and scaling a service-focused screen printing business from $3M to $5M in revenue without losing its culture.
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Actionable insights and wisdom you can apply to your business, career, and personal life.
Treat opportunity as something to pursue actively and risk as something to mitigate, rather than letting fear of risk prevent you from moving on clear opportunities validated by real customers.
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In consumer products, especially CPG, it's crucial to control your margins and sourcing so that when you invest in educating the market, you also own the brand and supply advantage rather than paving the way for cheaper imitators.
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Often the fastest path to growth is deepening relationships with existing customers-expanding what you do for them and proactively bringing them new ideas-rather than chasing entirely new clients.
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Founders frequently over-focus on names, colors, and labels while customers care most about the actual experience, outcome, and story-data and testing are better guides than intuition alone for branding decisions.
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Clarifying and codifying your company's ethos-through processes, training, and a "brand bible"-allows you to scale your team and revenue without losing the high-touch culture that made you successful.
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Building a brand is a long game; thinking in 10-year arcs and planning leadership transitions can prevent burnout and create space for the next generation of leaders to modernize and extend what you've built.
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Episode Summary - Notes by Sage