We Speak About:
Sonia Nagar, founder of Little Rituals, joins the POD to talk about her experience as a former brand investor and now current founder.
Little Rituals offers organic caffeine-free teas and vegan vitamins for little ones (kids) to learn emotional and social skills.
Before founding Little Rituals, Sonia had experience in the tech industry and was last an investor for brands at a venture capital firm.
During her time as an investor, Sonia learned what brands that win do well and some of the pitfalls brands face.
During the early stages of a brand, storytelling and the ability to acquire customers outside of performance marketing are huge.
Ads should not be your sole acquisition strategy. This expense usually increases as your brand grows so it can make it difficult to grow if you rely on ads too much.
Bootstrapping is a great way to grow a DTC or CPG business. Actually, it’s preferred.
The more you can hold off on outside investment, the more you can prove out your business and the more of your business you get to keep.
It’s very easy to start a store with Shopify today. With so many plugins too, try to build as much as you can on your own before raising money or spending.
Once you start growing, be on the lookout for your performance in key metrics like LTV, CAC, unit economics, organic acquisition, and ROAS.
Stay tuned as Sonia shares with us what founders often miss, how she determines whether a brand will be a success, and more.
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Mentioned Links:
Little Rituals’ website: https://www.littleritualskids.com/
Little Rituals’ Instagram: https://www.instagram.com/littleritualskids/
Sonia’s LinkedIn: https://www.linkedin.com/in/sonias3/