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Infant Recliner Racks Up $1M in Profits
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Nap Nanny Founder Leslie Gudel weighs in on her company’s growth and success.
- Duration 3:21
- Date Oct 21, 2011
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Nap Nanny Founder Leslie Gudel weighs in on her company’s growth and success.
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-- a few minutes but our next guest is hoping that certainly had -- into that listing.
Philadelphia Philly -- they recognize Leslie you don't covers the team ratios as a reporter for Comcast actually the first female sports anchored Philadelphia.
But is also the founder of this company called -- Nanny and she joins us right now to talk about that's a -- but if everything yet you know like to see if you get bored one is switched to another and another -- on and -- up a little scared that you can do both now nap nanny is basically seats for babies reclining seats and some people.
-- -- emails when we heard where you're coming Johnson my love this my friends -- -- tell us exactly what it does first.
It's very simple and that it's just it's a piece of foam with a very soft cover on it but it's an -- recliner so that puts the baby at a thirty degree angle and allows them to have.
Just a comfortable position.
To sit in and it it can be used for overnight sleep early on which a lot of people who have children know that findings -- a baby.
You've been making a baby's sleep flat doesn't always work out.
And so it gives an alternative for that early on.
We have little kids and it has been an issue in the past -- -- -- come in -- being the idea of doing this of starting a company now when the economy struggling now.
You had another jobs admit that -- -- an easier in that if it didn't work out you still could've done you know what we that could stayed in television.
But is it harder or easier do you think to started when the economy -- in -- it.
You know it's funny my father and I talk about it as He started a title business in 1978 when interest rates were hovering around 20% people thought it was crazy.
If you start and in a down economy.
You only have one way to go and that's up if -- started the business prior to 2009 entire 2008 -- and inexperienced.
A lot of growth in the beginning and then taken a big hit I think it would have been more difficult to survive.
Than it is when -- really have kind of low expectations and you know what you're getting into.
Now looks like things are going okay I'm in a million bucks in revenue the first year sounds good at some point -- -- -- chart.
Worrying about what the profits and losses start to look like a started add up those numbers -- projections for the.
Yes I mean -- you know everything we're putting together is you when your experience rapid growth in the beginning you have to -- -- you you find at a certain point you have to step back a little bit and slow yourself down you know -- manager cash flow in such a way that we're able to continue growing.
And were were moving in an in an area where we've where stepping in to that profitability area so that helps it.
And interest thing I'm concepts are -- -- said.
At this -- about assaying all would that I love and my friends love and and everything else they did mention I get a chance addresses real quick that there was some sort of a recall right there are worried about that and is a big deal.
His every offer warnings and instructions and that's probably one of the most difficult things out there with the word recall because they don't have a name.
For a recall when it is to address something that isn't a product defects.
-- -- think the word recall scares -- consumer.
A little warning was in a proper warning we had warning labels on the bottom and they wanted to move to the bucket of the seat so He already saw how to use it properly it's a floor used product it's not that's the used in the -- got -- and so they wanna get the word out.
In a word recall scares consumers there's about a big stroller recall out right now I'm sure this company's getting lots of calls that they're not taking product back.
Got it's a that's all taking care nice to meet you thanks for coming and -- of the Philadelphia next here with capital -- -- -- thanks a lot nap nanny.