The Fort - An Entrepreneurship Podcast
Business:Entrepreneurship
Mike Beckham is co-founder and Chief Executive Officer of Simple Modern, a leading producer of premium drinkware and lifestyle products. Founded in 2015 and based in Oklahoma, SimpleModern currently generates a nine-figure annual revenue and is committed to generosity, donating at least 10% of annual profits to nonprofit organizations. Under Mike’s leadership, the company has grown into a category leader for Amazon, Target, Walmart, and Sam’s Club.
We discuss:
We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.
https://www.thefortpod.com/survey
Links
Simple Modern
Mike on X
Topics
(00:00:00) - Intro
(00:03:48) - Starting Simple Modern
(00:15:46) - How much thought do you need to put into a product as simple as a cup?
(00:17:51) - The Stanley Phenomenon
(00:22:06) - Influencer marketing
(00:24:15) - The pros of hiring your friends
(00:33:21) - Learnings from spending 10 years as a pastor
(00:43:43) - Hypergrowth
(00:48:05) - AI
(00:55:23) - Product Licensing
(01:04:00) - Building moats
(01:09:07) - Does Amazon take more and more margin out of products as you grow?
(01:18:35) - Becoming an ESOP
(01:27:01) - Offshoring and China
(01:34:22) - What are some disadvantages to selling online?
Support our Sponsors
Better Pitch: https://bit.ly/42d9L0I
Fort Capital: https://bit.ly/FortCapital
Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/
Chris on Social Media:
X: https://bit.ly/3BYIjcH
LinkedIn: https://bit.ly/45gIkFd
Watch The Fort on YouTube: https://bit.ly/3oynxNX
Visit our website: https://bit.ly/43SOvys
Leave a review on Apple: https://bit.ly/45crFD0
Leave a review on Spotify: https://bit.ly/3Krl9jO
The FORT is produced by Johnny Podcasts
#247: Will Churchill - Owner of Frank Kent Motor Company - Current State of Auto Industry and the Future of Car Dealerships
#246: Holt Lunsford - Founder & CEO of Holt Lunsford Commercial
#245: Chris Powers - Rant on Fundamentals That Drive Class B Industrial
#244: Rayne Austin - Cattle Business 101
#243: Chris Powers - Incentivizing The Process, Not Just The Outcome
#242: Michael Arrieta - Founder of Garden City - Buying & Growing Great Companies with Permanent Capital
#241: Tim Ludwig - Partner @ Majority Search - A Deep Dive on Search Funding
#240: Wyatt Smith - Founder of UpSmith - On a Mission to Combat America's Growing Skilled Worker Crisis
#239: Mike Vellano - Founder & CEO of Vortex Companies
#238: Wolf of Franchises (Twitter Anon) - Breakdown of the Franchise Industry
#237: M. Stanfield (Twitter Anon) - Investing in America's Most Challenging Affordable Housing
#236: Jilliene Helman - CEO of RealtyMogul - Real Estate Crowdfunding
#235: Steve Robinson - Former CMO of Chick-Fil-A - 35 years of Timeless Lessons Learned While Building an Iconic Brand & Culture.
#234: Ryan Broderick - Co-Founder of Darwin Homes - Building the Amazon of Single-Family Property Management
#233: Josh Young - Founder & CIO @ Bison Interests - The Macro Implications & Big Picture for Energy Markets - A Bull Case for Oil & Gas
#232: Apurva Mehta - Managing Partner of Summit Peak Investments - Deep Dive Into Current Venture Capital Landscape
#231: Brad Hargreaves - Founder & CEO of Common - Making housing more affordable through co-living and best-in-class property management
In Memory of Will Friend - Former CEO of Bisnow. An episode we did together in 2019 that exemplifies what leading a team looks like and many other great lessons.
#229: Wes Mabry - Cost Segregation Studies in RE and why they're a beautiful thing
#228: Beth Azor - CEO of Azor Advisory - The Shopping Center Canvassing, Prospecting, and Leasing Queen!
Create your
podcast in
minutes
It is Free
The Everyday Millionaire
Pure Hustle Podcast
Making Bank
The Prof G Pod with Scott Galloway
Young and Profiting with Hala Taha