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Today on the show: updating the tanker seizure. Scott MacFarlane from CBS News with new info on the pipe bomb suspect. Talking politics with Greg Bluestein from The Atlanta Journal-Constitution. Mike McKee from Bloomberg on the Fed cut. Rory O'Neill with Craker Barrel news. Plus, Melissa Villasenor joins us live! 9am-noon on 95.5 WSB.
Today on the show: updating the tanker seizure. Scott MacFarlane from CBS News with new info on the pipe bomb suspect. Talking politics with Greg Bluestein from The Atlanta Journal-Constitution. Mike McKee from Bloomberg on the Fed cut. Rory O'Neill with Craker Barrel news. Plus, Melissa Villasenor joins us live! 9am-noon on 95.5 WSB.
Today on the show: updating the tanker seizure. Scott MacFarlane from CBS News with new info on the pipe bomb suspect. Talking politics with Greg Bluestein from The Atlanta Journal-Constitution. Mike McKee from Bloomberg on the Fed cut. Rory O'Neill with Craker Barrel news. Plus, Melissa Villasenor joins us live! 9am-noon on 95.5 WSB.
What happens when a former NHL player who once faced Wayne Gretzky ends up running a global data company that sits at the center of the AI boom? That question kept coming back to me as I reconnected with Mike McKee, the CEO of Ataccama, seven years after our last conversation. So much has shifted in the world since then, yet the theme that shaped this discussion felt surprisingly grounded. None of the big promises of AI can take hold unless leaders can rely on the data sitting underneath every system they run. Mike brings a rare mix of stories and experience to this theme. His journey from the ice to the C suite feels like its own lesson in discipline, teamwork, and patience, and he openly reflects on the way those early years influence how he leads today. But the heart of this conversation sits in the reality he sees inside global enterprises. Everyone is racing to build AI powered services, yet the biggest blockers are messy records, inconsistent metadata, long forgotten databases, and years of quality issues that were never addressed. It is a blunt problem, and Mike explains why the companies winning with AI right now are the ones treating data trust as a foundation rather than an afterthought. Across the discussion, he shares stories from organisations like T Mobile and Prudential, where millions of records, thousands of systems, and vast volumes of structured and unstructured data must be monitored, understood, and governed in real time. Mike walks through how teams build confidence in their data again, why quality scores matter, and how automation now shapes everything from compliance to customer retention. What stood out most is how quickly the expectations have shifted. Boards and CEOs now treat data as a strategic asset rather than an operational chore, and entire roles have emerged above the chief data officer to steer these programmes. This episode is also a reminder that AI progress is never only about models or GPUs. Mike pulls back the curtain on why organisations struggle to measure AI readiness, how they can avoid bottlenecks, and what it takes to prioritise the work that actually moves the needle. His point is simple. Without trustworthy data, AI remains a promise rather than a practical tool. With it, businesses can act with confidence, respond faster, and make decisions that genuinely improve outcomes for customers and employees. So as AI reaches deeper into systems everywhere, how should leaders rethink their approach to data trust, governance, and quality? And if you have been on your own journey with data challenges, where have you seen progress and where are you still stuck? I would love to hear your thoughts. Tech Talks Daily is Sponsored by NordLayer: Get the exclusive Black Friday offer: 28% off NordLayer yearly plans with the coupon code: techdaily-28. Valid until December 10th, 2025. Try it risk-free with a 14-day money-back guarantee.
Federal Reserve Bank of St. Louis President Alberto Musalem says the US economy has been "pretty resilient" with growth roughly around potential despite recent uncertainty. Speaking with Bloomberg's Mike McKee, Musalem says the labor market is around full employment but is cooling.See omnystudio.com/listener for privacy information.
Federal Reserve Governor Stephen Miran says he'd change his view on inflation if housing costs unexpectedly jump. He also says he's not afraid to offer out-of-consensus opinions and explains why he does not think the neutral rate is zero. Miran spoke with Bloomberg's Matt Miller, Dani Burger and Mike McKee.See omnystudio.com/listener for privacy information.
Today on the show: updating Russia/Ukraine, Epstein and troops in Chicago with Natalie Brand from CBS News and Karen Travers from ABC News. Georgia Power reps in studio on the future of energy use in the Peach State. Mike McKee from Bloomberg updates the Beige Book. Amy Wenk from The Atlanta Journal-Constitution on a possible big move by Coca-Cola. Plus, actors Andre Holland and David Duchovny join us live! 9am-noon on 95.5 WSB.
Today on the show: updating Russia/Ukraine, Epstein and troops in Chicago with Natalie Brand from CBS News and Karen Travers from ABC News. Georgia Power reps in studio on the future of energy use in the Peach State. Mike McKee from Bloomberg updates the Beige Book. Amy Wenk from The Atlanta Journal-Constitution on a possible big move by Coca-Cola. Plus, actors Andre Holland and David Duchovny join us live! 9am-noon on 95.5 WSB.
Today on the show: updating Russia/Ukraine, Epstein and troops in Chicago with Natalie Brand from CBS News and Karen Travers from ABC News. Georgia Power reps in studio on the future of energy use in the Peach State. Mike McKee from Bloomberg updates the Beige Book. Amy Wenk from The Atlanta Journal-Constitution on a possible big move by Coca-Cola. Plus, actors Andre Holland and David Duchovny join us live! 9am-noon on 95.5 WSB.
Join Rich and Jim as they sit down with Mike McKee, founding member of Americana rock band Delta Ray and co-founder of Bald Man Percussion. From signing with Warner Brothers to creating the award-winning Junk Hat, Mike shares his incredible journey through the music industry. Discover how Delta Ray pivoted during the pandemic with their innovative "Behind the Door" fan club, raising nearly half a million on Kickstarter, and building a haunted chapel residency at Nashville's Basement. Plus, learn about Mike's corporate team-building venture Drum Team Collective and his entrepreneurial mindset inspired by Walt Disney and unconventional business models.**[4:56]** - Delta Ray's Warner Brothers signing and legendary A&R man Seymour Stein discovery**[6:13]** - The haunted chapel residency at The Basement that sold out for 16 weeks straight**[8:17]** - Record-breaking Kickstarter campaign: asking for $30K, raising $465K**[9:03]** - Pandemic pivot: Creating "Behind the Door" virtual fan experience**[25:00]** - The birth of Bald Man Percussion and meeting partner Danny Young**[26:24]** - Matt Chamberlain's first order and knowing "we're onto something"**[31:35]** - Drum Team Collective: Rock and roll corporate team building explained**[36:13]** - The "Yes, If" philosophy and how Pfizer adopted it company-wide**[43:48]** - Business inspiration from Walt Disney, Duck Dynasty, and thinking outside the industry**[58:00]** - Musical upbringing with professor parents and classical foundations**[1:04:00]** - Delta Ray's Broadway musical "The Ninth Woman" based on "Bottom of the River"The Rich Redmond Show is about all things music, motivation and success. Candid conversations with musicians, actors, comedians, authors and thought leaders about their lives and the stories that shaped them. Rich Redmond is the longtime drummer with Jason Aldean and many other veteran musicians and artists. Rich is also an actor, speaker, author, producer and educator. Rich has been heard on thousands of songs, over 30 of which have been #1 hits!Follow Rich:@richredmondwww.richredmond.comJim McCarthy is the quintessential Blue Collar Voice Guy. Honing his craft since 1996 with radio stations in Illinois, South Carolina, Connecticut, New York, Las Vegas and Nashville, Jim has voiced well over 10,000 pieces since and garnered an ear for audio production which he now uses for various podcasts, commercials and promos. Jim is also an accomplished video producer, content creator, writer and overall entrepreneur.Follow Jim: @jimmccarthywww.jmvos.com The Rich Redmond Show is produced by It's Your Show dot Cowww.itsyourshow.co
Today on the show: Peter Charalambous from ABC News updates the CD shooting. White House Correspondent Jon Decker with details on the Trump/Putin meeting. Erick Erickson joins us live. Mike McKee from Bloomberg updates The Fed. Plus, what TikTok says is the worst song ever! 9am-noon on 95.5 WSB.
Today on the show: Peter Charalambous from ABC News updates the CD shooting. White House Correspondent Jon Decker with details on the Trump/Putin meeting. Erick Erickson joins us live. Mike McKee from Bloomberg updates The Fed. Plus, what TikTok says is the worst song ever! 9am-noon on 95.5 WSB.
Today on the show: Peter Charalambous from ABC News updates the CD shooting. White House Correspondent Jon Decker with details on the Trump/Putin meeting. Erick Erickson joins us live. Mike McKee from Bloomberg updates The Fed. Plus, what TikTok says is the worst song ever! 9am-noon on 95.5 WSB.
The Federal Reserve kept a key interest rate stable this week. Mike McKee, Bloomberg Economics Editor, joins Megan Lynch with reasons why.
Today on the show: the latest on the E.U. trade deal, Weijia Jiang from CBS News in Scotland and Karen Travers from ABC News at The White House. Might taxpayers get a "Tariff Rebate?" Political Analyst Stephen Lawson with breaking news in the Georgia Senate race. Bloomberg's Mike McKee live on a pivitol week on Wall Street. Plus, giving away Rod Stewart tickets! 9am-noon on 95.5 WSB.
Today on the show: the latest on the E.U. trade deal, Weijia Jiang from CBS News in Scotland and Karen Travers from ABC News at The White House. Might taxpayers get a "Tariff Rebate?" Political Analyst Stephen Lawson with breaking news in the Georgia Senate race. Bloomberg's Mike McKee live on a pivitol week on Wall Street. Plus, giving away Rod Stewart tickets! 9am-noon on 95.5 WSB.
Today on the show: the latest on the E.U. trade deal, Weijia Jiang from CBS News in Scotland and Karen Travers from ABC News at The White House. Might taxpayers get a "Tariff Rebate?" Political Analyst Stephen Lawson with breaking news in the Georgia Senate race. Bloomberg's Mike McKee live on a pivitol week on Wall Street. Plus, giving away Rod Stewart tickets! 9am-noon on 95.5 WSB.
Federal Reserve Governor Christopher Waller says, “the private sector is not doing as well as everybody thinks it is,” as he makes the case for the Fed to lower borrowing costs before the labor market begins to deteriorate. Waller also discusses debate on monetary policy, inflation from tariffs, and whether he would accept the job of Fed Chair if it was offered to him. Waller speaks with Bloomberg's Jonathan Ferro, Lisa Abramowicz, Annmarie Hordern, and Mike McKee.See omnystudio.com/listener for privacy information.
Today on the show: Olivia Rinaldi from CBS News live at The White House. Mike McKee from Bloomberg on The Fed's Beige Book. Travel Expert Peter Greenberg. Plus, Anthony Michael Hall and Billy Gardell join us live! 9am-noon on 95.5 WSB.
Today on the show: Olivia Rinaldi from CBS News live at The White House. Mike McKee from Bloomberg on The Fed's Beige Book. Travel Expert Peter Greenberg. Plus, Anthony Michael Hall and Billy Gardell join us live! 9am-noon on 95.5 WSB.
Today on the show: Olivia Rinaldi from CBS News live at The White House. Mike McKee from Bloomberg on The Fed's Beige Book. Travel Expert Peter Greenberg. Plus, Anthony Michael Hall and Billy Gardell join us live! 9am-noon on 95.5 WSB.
Federal Reserve Bank of Richmond President Tom Barkin discusses the outlook for the US economy and current business and consumer sentiment with Bloomberg's Matt Miller, Katie Greifeld and Mike McKee. See omnystudio.com/listener for privacy information.
Federal Reserve Bank of Atlanta President Raphael Bostic suggests that a faster-than-expected resolution to trade negotiations could lead to earlier Fed action, while a prolonged negotiation period could delay it. He is joined by Bloomberg's Mike McKee.See omnystudio.com/listener for privacy information.
Bloomberg TV and Radio's Mike McKee joins Megan Lynch as the Markets open after the weekend. Last Thursday and Friday saw large drops in the global market following Pres Donald Trump's tariff announcement.
Atlanta Fed President Raphael Bostic discusses the Fed's path forward amidst tariffs and inflation. He speaks with Bloomberg's Mike McKee.See omnystudio.com/listener for privacy information.
Today on the show: Mark Strassman from CBS Newslive in Houston on the return of the astronauts. JFK author Gerald Posner on the newly released files. Jared Kofsky from ABC News on the future of the FAA. Correspondent Rory O'Neill updates the Trump/Putin call. Bloomberg's Mike McKee on The Fed. Talking tech with Kim Komando. Plus, Vanilla Ice joins us live! 9am-noon on 95.5 WSB.
Today on the show: Mark Strassman from CBS Newslive in Houston on the return of the astronauts. JFK author Gerald Posner on the newly released files. Jared Kofsky from ABC News on the future of the FAA. Correspondent Rory O'Neill updates the Trump/Putin call. Bloomberg's Mike McKee on The Fed. Talking tech with Kim Komando. Plus, Vanilla Ice joins us live! 9am-noon on 95.5 WSB.
Today on the show: Mark Strassman from CBS Newslive in Houston on the return of the astronauts. JFK author Gerald Posner on the newly released files. Jared Kofsky from ABC News on the future of the FAA. Correspondent Rory O'Neill updates the Trump/Putin call. Bloomberg's Mike McKee on The Fed. Talking tech with Kim Komando. Plus, Vanilla Ice joins us live! 9am-noon on 95.5 WSB.
Federal Reserve Bank of New York President John Williams expects tariffs to contribute to inflation, but notes uncertainty about the economy's response. Williams spoke with Bloomberg's Mike McKee at Bloomberg Invest in New York. See omnystudio.com/listener for privacy information.
Episode #378 Joining us this week is Mike Mckee, a fellow podcaster and travel advisor, for a "What's So Great About" segment, where we'll delve into Disney Springs, exploring its food, entertainment, and more, and discussing what makes it so great. www.thedisneycrush.com thedisneycrush@gmail.com www.patreon.com/thedisneycrush
St. Louis Fed President Alberto Musalem discusses his perspective on monetary policy, inflation, and shares his outlook in conversation with Bloomberg's Mike McKee.See omnystudio.com/listener for privacy information.
Minneapolis Fed President Neel Kashkari discusses the inflation data and housing with Bloomberg's Jonathan Ferro, Lisa Abramowicz, Annmarie Hordern, and Mike McKee. What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey. See omnystudio.com/listener for privacy information.
Today on the show: It's the last day of early voting in Georgia! Gabriel Sterling joins us live. Complete election coverage with Political Analyst Bill Crane, Correspondent Erin Real and Peter Charalambous from ABC News. Bloomberg's Mike McKee with the latest jobs numbers. Plus, actors Blair Underwood and Erika Christensen join us live! 9am-noon on 95.5 WSB.
Today on the show: It's the last day of early voting in Georgia! Gabriel Sterling joins us live. Complete election coverage with Political Analyst Bill Crane, Correspondent Erin Real and Peter Charalambous from ABC News. Bloomberg's Mike McKee with the latest jobs numbers. Plus, actors Blair Underwood and Erika Christensen join us live! 9am-noon on 95.5 WSB.
Today on the show: It's the last day of early voting in Georgia! Gabriel Sterling joins us live. Complete election coverage with Political Analyst Bill Crane, Correspondent Erin Real and Peter Charalambous from ABC News. Bloomberg's Mike McKee with the latest jobs numbers. Plus, actors Blair Underwood and Erika Christensen join us live! 9am-noon on 95.5 WSB.
Baldman Percussion hit the drum scene in 2018 and took the industry by storm with the Junk Hat! In 6 short years, they have become 2x NAMM best in show winners, created products that are beloved by drummers such as Travis Barker, Matt Chamberlain and Thomas Pridgen, and had a great time doing it. Mike Mckee and Danny Young are professional drummers who have a perfect balance of business skills to make this brand work. Mike has the business savvy and Danny is the design mastermind behind these unique products. The story of Baldman is a great story that is very fun to hear and inspiring for all drummers, business owners, and people who want to mix the two. Check out www.baldmanpercussion.com and find them on all social platforms at @baldmanpercussion
Baldman Percussion hit the drum scene in 2018 and took the industry by storm with the Junk Hat! In 6 short years, they have become 2x NAMM best in show winners, created products that are beloved by drummers such as Travis Barker, Matt Chamberlain and Thomas Pridgen, and had a great time doing it. Mike Mckee and Danny Young are professional drummers who have a perfect balance of business skills to make this brand work. Mike has the business savvy and Danny is the design mastermind behind these unique products. The story of Baldman is a great story that is very fun to hear and inspiring for all drummers, business owners, and people who want to mix the two. Check out www.baldmanpercussion.com and find them on all social platforms at @baldmanpercussion
Major Mike joins to talk about how Hoosiers can help Hurricane Helene victims. Donate to The Salvation Army Indiana - EDS See omnystudio.com/listener for privacy information.
Hello! On this episode, we welcome Bro. Mike McKee. He is the Executive Director of the Masonic Library and Museum of PA and joins us for a fantastic chat about his work at the Grand Lodge in Philadelphia and his life as a Mason. We also hear the Masonic News, play Copious Dues, and close with Bro. Mike joining Larry to present their newest collaboration, "Chickens in the Outback." [00:00:00] Introductions [00:15:20] First break, brought to you by George J. Grove and Son [00:16:35] Segment 1 [00:46:40] Second break, brought to you by Two Pillars Apparel [00:47:25] Segment 2 [01:15:30] Third break, brought to you by Hiram & Solomon Cigars [01:16:40] Segment 3 [01:28:05] Chickens [01:29:35] Outro MASONIC LITE PATREON www.patreon.com/MasonicLitePodcast Sign up to support the show with an automatic, monthly donation of $1, $5, or $13! SPONSORS: George J. Grove and Son: www.georgejgrove.com Helm Construction https://www.helmconstructionco.com/ Hiram & Solomon Cigars: https://www.hiramandsolomoncigars.com/ The Red Serpent: By Larry Merris: https://www.amazon.com/Red-Serpent-Larry-Merris/dp/1466478608 Intermezzo by Stephanie, Locally Handcrafted Chocolate www.facebook.com/IntermezzobyStephanie/ Bye Everybody!
President of the Federal Reserve Bank of Kansas City Jeff Schmid discusses inflation, Fed policy, and jobs with Bloomberg's Mike McKee in Jackson Hole.See omnystudio.com/listener for privacy information.
Bloomberg's Mike McKee is in Jackson Hole following the Federal Reserve symposium. He updates Tom and Megan about interest rates.
Today on the show: We'll go live to Tel Aviv for the latest on the Mid East unrest with Jotam Confino from CBS News Radio. Erick Erickson on #Campaign2024. Mike McKee from Bloomberg News following retail sales reports. Retired APD Detectives Vince Velazquez and David Quinn live in studio. Actor David Arquette joins us live. Plus, your chance to win big bucks in our $5K A Day Bonus Blitz! 9am-noon on 95.5 WSB.
Former St. Louis Fed President James Bullard discusses disinflation and lower rates at the Hoover Institute's Monetary Policy Conference with Bloomberg's Mike McKee.See omnystudio.com/listener for privacy information.
Today on the show: the latest on the campus protests. Robert Berger live in Jerusalem. Mike McKee from Bloomberg News on The Fed and interest rates. Erick Erickson live on The Supreme Court and Campaign 2024. Brittany Spanos from Rolling Stone Magazin on the Top 500 songs. Plus, we celebrate Jerry Seinfeld's 70th birthday! 9am-noon on 95.5 WSB.
Conference Board Chief Economist Dana Peterson breaks down inflation expectations ahead of new data next week and discusses the labor market, geopolitical climate and consumer sentiment. She speaks with Bloomberg's Jonathan Ferro, Lisa Abramowicz and Mike McKee. See omnystudio.com/listener for privacy information.
Conference Board Chief Economist Dana Peterson breaks down inflation expectations ahead of new data next week and discusses the labor market, geopolitical climate and consumer sentiment. She speaks with Bloomberg's Jonathan Ferro, Lisa Abramowicz and Mike McKee. See omnystudio.com/listener for privacy information.
The Federal Reserve's communications have gotten more open — perhaps too open — during the time Michael McKeehas covered the central bank for Bloomberg News. McKee, international economic and policy correspondent, joinsIra Jersey, Bloomberg Intelligence chief US interest rate strategist, on this Macro Matters edition of theFICC Focus podcast. McKee talks about the shifts in the Fed's communications policy, how it's influenced his reporting and policy makers' interactions with markets. The two discuss press conferences, the Fed's June 2022 “leak” to the media and why the Fed tends to stay out of discussions about fiscal policy following former Chairman Alan Greenspan's advocacy in the early 2000s.
Angelo Zino, Senior Equity Analyst at CFRA Research, breaks down Apple sales declining for a fourth straight quarter, marking the longest slowdown since 2001, as the company struggles with sluggish demand and a shaky smartphone market in China. Bloomberg News International Economics & Policy Correspondent Michael McKee has a recap of Wednesday's Fed decision and looks at the state of the US economy. Ron Goetzel, Senior Scientist in the Department of Health, Behavior and Society at the Johns Hopkins Bloomberg School of Public Health, shares his thoughts on workplace mental health issues. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Real Estate Reporters Patrick Clark and Prashant Gopal share the details of the Businessweek Magazine cover story US Housing Market Becomes Impossible Mess With No End in Sight. And we Drive to the Close with Lance Cannon, Portfolio Manager at Hood River Capital Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. FULL TRANSCRIPT: This is Bloomberg Business Week with Carol Messer and Tim Stenebek on Bloomberg Radio. Well, our audience knows our next guest very well. He's been joining our program for years. I know you. We were talking about it as we were getting ready. I went deep into the terminal. Carol like, just search on my name and put in Nate's name, and you'll say, and Carol, just you know, she leans over me and starts typing into the terminal. She's like, I search on my name all the time. No, she didn't really do that. I did find though. He was on with you and Mike McKee. Mike McKee, Okay, the show was called taking Stock Back in twenty fourteen. That was the year they actually launched Roan. That was the first year. That was the first So he's been here since the beginning. Nateateek, it's of course, co founder and CEO of Roan joining us now. Welcome, Welcome, welcome back. Thank you so much. I feel I feel as close to being at home on air here than anywhere else. Well, likewise, we feel like you're part of the family, and we're so glad to have you back. It's been I feel like a big year for you guys, really big year. I've been big month in particular, a lot of a lot of exciting thing's happening. Can we talk though, about the billionaire Blackstone executive David Blitzer, former hedge fund manager Gabe Plokin, ex football stars Tim Tebow, Steve Young. They did a deal and they're now involved in the company. Yeah, it's so the quick story is a year ago, right, July twenty so we just announced it, but this happened July of last year, and effectively what happened is we put a group together in an SPV with really exciting names, a bunch of kurrent and retired athletes as well as just incredible people like Blitzer and Gabe, and we bought out the private equity interest in our business so that we can really think about the business in a more long term way. What was it that the private equity firm wanted to do that you weren't ready to do? It? Really wasn't. They weren't pushing us to do anything. But the nature of private equity is a five to seven year whole time, and we were in we were coming into year five and they're great partners. In fact, that we're talking about el Ca Caterton, the managing partner of their growth fund, is still on our board. Even though they sold their interest. That was part of something that I really wanted as part of the deal and they you know, I just was kind of forecasting the future macroeconomically, time of uncertainty if they wanted us to sell the business and it wasn't right for us. So and more than anything, I kind of fell back in love with the brand and the company, and I thought I kind of want to do this maybe for thirty forty years, not five years. Why had you fallen maybe out of love a little bit. Well, the pandemic was a really stressful time, you know, not just your statement. Yeah, yeah, it was a stressful time for every business, every person, but certainly I think for me as a leader of a company, it felt like there was a new crisis every single week and we had some growing up to do. You know. The business still grew tremendously during that time. In fact, it was great for businesses like ours, but it really wrung me out, and I think I was at a point where, you know, just we talk a lot about mental health in our company, I was at a breaking point, and I like, I either need to sell this company or something needs to change. And for me, the thing that needed to change is I needed to feel almost more invested in it and I need to make some changes. I've heard of quote I just want to where you said, I think after this and kind of getting back control, nothing has changed and everything has changed, Yeah, which kind of says so much. Yeah, it's really exactly how I feel. Even though conceptually, you know, el Caderton was a minority shareholder in the business, so in theory their ownership change to a new group didn't change anything, but the way I feel has changed completely. Do you feel more in control? Absolutely? Yeah. And I have a controlling stake in the company. Yes. So you know, we call it because my brother is involved. I've got a brother in law, so we've got family control of the business and the goal is to have a long term hold here. Dad's involved. Well, that was one of the most exciting parts about this. I called him. You know, my parents have spent three years in London doing service and came back and I said, hey, I have this crazy idea. What do you think about this? And you know, he's an incredibly experienced executive and he said, I love it. What can I do to help? So we added him to the board and it's been a dream. I've told people, Look, there are people who are going to say, oh, you know, you're working with your dad and I all I do is I forecast twenty years in the future, and I think if I could, if I didn't take this opportunity, I would regret it for the rest of my life. And I get a chance to I get a chance to work with him and you know, and have that family relationship. It's incredibly unique and special. Yeah, no doubt about it. Right. We only get to do this once. Yeah, right, got to figure out how you want to do it. Well, not investors though, in the sports world yep. So how are you then, maybe thinking about you know, we talk often about branding and partnerships and especially with athletes. How are you guys thinking about that as part of the strategy, the growth strategy going forward? Well, it's interesting our brand launched as an active brand, so we were carried in Equinox and Peloton and Soul Cycle and Barry's boot Camp in places like that, and then we added in our commuter lane. I'm wearing a full commuter shirt and a commuter you know, commuter the computer and it's been an incredible part of our business. But active is at our roots. That's how we still see ourselves as a performance brand. So the sports partnerships, the athlete partnerships, is something that we're planning to lean into more as part of this. We have seven professional sports team owners on the cap table. We have the NFL, NBA, Major League Baseball, Major League Soccer, English Premier League all represented across the ownership group, and that's that's a great opportunity for us and a great revenue mover. Eventually, could you see yourself doing lines around an athlete. I certainly think there would be collections and collaborations in the future. Yeah. What's the bricks and mortar strategy right now? So we've opened eleven stores in the last twelve months, so we have we have fifteen source total. Now I thought, yeah, it's it is certainly not for us in our stores are all profitable. The payback period has been incredibly quick on these stores and what they do for us in a market. We can measure the e comm impact and the awareness impact when we open a new store, So I think it's getting more competitive though. Every brand is trying to open retail, So there, you know, there was kind of a window of opportunity. I think that window is starting to close. Also, you know what's happening macroeconomically, that may shift over time. But online digital acquisition costs have been growing at such an increasing rate everybody's playing in that space that it became really expensive to acquire companies online. Now you now you can acquire companies or customers the old fashioned way through retail and make money as you're acquiring them. How do you how do you track that the eCOM left? Yeah, how do your yeah? Exactly? How do you know that what's happening in the store outside of a store will lead to a sale online? So we have a baseline of data in every single market that be tracked by a zip code. Right and after you open a store, there's a thirty day measurement, a three month measurement, a six month measurement, and a year long measurement. And you try and see did the baseline of e comm rise since the store opening? Is it complete direct correlation? Hard to know because the brand's also growing, But if you if you then minus overall brand growth did the market grow at an above rate of the standard growth rate? And that's kind of how we think about measuring it. I am always curious about like a product line or a brand because I think sometimes you can grow too fast in terms of the stuff you offer that it just gets overwhelming. So how do you think about how you kind of, you know, cultivate that or curate that so that you don't kind of overwhelm the consumer. It's tricky because the customer has given us such opportunity to do so many things, as we've introduced commuter and we have we have to guard ourselves a little bit against it. But right now we say we really can outfit about eighty percent of a guy's closet. And not a single day passed in the pandemic where I didn't get a text from somebody saying I've realized all I've worn for the last six months is Roan. I walked in today and our friend Jason Kelly's like, I didn't know you were coming, and I'm top to bottom, so it's kind of top to bottom. Yeah, So we're really lucky that we've got diehard customers and they really wear the brand in multiple settings we've got to take a commercial break, but we know that finally you're doing something for the better half. Yes, absolutely, the better half. So we want to talk about that and your offerings and just kind of where growth goes from here, because it sounds like going public. Should we wait to talk about that. Let's talk post commercial break about that. We are here with Nate Check. It's Ron co founder and CEO with us in our Bloomberg Interactive Broker studio. I'm only going to ask this because we are focused on the labor market right now with all the data points coming, are you getting all the workers you want? Yeah? I mean we've been lucky. We've always paid above market for retail in particular, that was the toughest piece, you know, as we've scaled the But it's so critical to have good people in your stores. It makes all the difference. If a store is not performing well and you put the right person in, it will just completely transform how the store performs. So we've been fortunate that we've been able to attract really good talent. Speaking of those stores, they're going to start selling women's stuff finally, even every interview at the end either, Yeah, So when's it happening. So this coming May, we will be launching women's and it's incredibly exciting. It's been a long time in the works. You know, we've started. We started as a men's brand. We did a women's capsule in twenty nineteen and it went so well, it sold out. But you go into twenty twenty and do you want to take the inventory risk and continue to lean into it. But we brought an incredible chief product officer who is really the most talented fabric person I've ever worked with, and she has put together an incredible initial collection. It's been received so well as we've taken it to market and introduced it to wear testers. And part of the big story of Roan is that we added three very talented female executives over the last three years and they've been a big part of our success. And seventy percent of our team is female. So we wanted to build a collection that they were proud and excited to wear, and I basically just tried to get out of the way intentional hiring women. I would say we hired the absolute best people for the position, and they happened to be women. I think we have always believed in building a diverse and strong team, and we needed that at every level. We've just added a female board director named Tess Roaring, who's incredibly talented. But we always try and hire the best person for the job, and the best for the job for these jobs were the women that we hired. I talked to us about financials. You guys have said publicly, are you going to do a commuter suit for women? I can't reveal new collections on how they're waiting numbers. I know you're going to be bluebarg as we should be, but I'm just okay. So one hundred million dollar annual run rate profitable last three years, yep. What else can you tell us? Well, the company's growing twice as fast since we did this transaction than we did, you know, than we were growing before. And better environment or what I would say. It's actually probably a harder environment. Most of the brands in our space are flat down quite significantly. This year. We've opened eleven stores, as I mentioned, in the last twelve months. There's been strong growth in a couple of our categories. We have some product lines that are growing at north of three hundred percent this year. So we feel really good about where the business is today, and we you know, we have a lot of conviction that we can continue to grow in scale. It's not not easy, but we're excited. All right. We got a little bit of a lightning round. I don't think this has ever happened before the first time. Okay, you don't have to answer in a lightning way, because some of these are longer answers. Okay, work life balance, we talk a lot about work life balance. You share so much of your life on Instagram. I followed you for years. You have family, kids. Is work life balance and illusion? Yes it is. I mean, I don't even like the word balance. I think it's a I think it's the wrong term. And I think I've grown as I've thought more about this. I really love I can't remember where I heard this. I love the word harmony because in theory, when you're doing it right, your work should help you at home and your home should help you at work. And you know that the balance makes it feel like there should be a bucket of each and you need to make them equal or a certain proportion, and harmony shows you how they can really influence each other. And for me, becoming a better leader in the workplace. Being more thoughtful and sensitive, how I approach conversations, how we think about long term planning has for sure made me a better parent and I hope a better partner. Do where to go? Okay, this is back to kind of hardcore business. What prompts men to buy activewear these days? Has anything changed? What gets their own target demo to pull out the plastic and buy? Yeah? What's really exciting is I think that the shift during COVID, where I think in particular, we saw a shift for men to start taking better care of themselves, to allow themselves to take better care of themselves. That I think has continued and I hope never goes back. It's really important. And so you know, there's a lot of different modalities. It could be yoga, it could be running, it could be cycling. But most of our customers do a balance of all of those. You talked about the athletic side of the business. Is that still the big chunk of the business. It's pretty equal at this point in our commuter lines. Yeah, there are a lot of customers who only know us for our commuter line. Wow, what's more profitable? I would say our commuter line is more profitable. It's a higher price point. Okay, Okay, So when you told us earlier that covid was really challenging, Yeah, was that as challenging as the first couple of years of just getting the brand off the ground and like knocking on doors and getting Peloton and Equinox and barriers to carry this stuff. It was more challenging for me, it was. There's no question it was more challenging. In the beginning. You're so excited and you've got nothing to lose, right, So you're kind of trying to build this business from scratch, and if you lose it, you know, no harm, no FAULI it, it doesn't it's not worth anything at that point. But then as it grows, there's more pressure. There's more people, you know, and I care so deeply about how our team feels about work and and so the pandemic was hard again on so many people and so many families. I just felt that weight all the time, and I didn't know how to relieve it. So for me, it was harder. Last question, right, Yeah, if everything goes according to plan, Ron will fill in the blank. Ron will have a massive impact on the mental health in this country. Wow. We have we do have one minute left. Oh huh yeah. Mental health okay, personally yeah, how did you get past that hump that you faced during the pandemic. Well, I think a big part of it for me was building a toolkit and understanding how to deal with those challenges because these things tend to catch us unaware, you know, anxiety, depression. You can't fully prepare for them, but you can build a toolkit to know how to address it when you feel that way. And there's a number of things that I do, but motion exercise. I got really into contrast therapy, cold plunging saunas, and social connection, intentionally seeking out. It's hard to build friends, you know, as you age, but getting yourself uncomfortable makes a big difference. Well, you've definitely made a big difference. You can tell in what you're doing in the last year, and you can tell how much you're enjoying it. So looking forward to the next ten years, oh at least twenty years, thirty years, be welcome back soon, Thank you always welcome of course. Nate check It's co founder and CEO of Ron joining us in studio. If you missed any of that conversation, be sure to check out our podcast feed and we'll be sure to highlight it to in our weekend So you are listening and watching Woodberg RadioSee omnystudio.com/listener for privacy information.
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