217. Scott Holmes — Building Better Through Value-Driven Entrepreneurship Business Elevated podcast

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217. Scott Holmes — Building Better Through Value-Driven Entrepreneurship

1d ago 32:13

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Season 7 Episode 18: In this episode, Pete Codella, managing director of business services at the Governor's Office of Economic Opportunity, talks with Scott Holmes, founder and CEO of Teton.

Holmes discusses his career path, which unexpectedly pivoted from biology and medical school after being mentored by an entrepreneur in the import business. This experience ignited his entrepreneurial spirit and laid the foundation for his future. He recounts the genesis of Teton, born from a "to-don't" list of business practices he observed and wanted to avoid.

Holmes explains how Teton initially operated with a lean, home-based model, shipping directly to retailers before establishing domestic warehousing to address inventory fluctuations. He highlights Teton's early entry and success on Amazon, attributing it to a strategy of overbuilding quality products that exceed customer expectations, leading to overwhelmingly positive reviews. Holmes also shares Teton's philosophy of giving back by donating gear to underserved communities to promote healthy living and outdoor experiences, stemming from his own initial negative experiences with poor-quality camping gear as a child. He offers advice to aspiring entrepreneurs, emphasizing the power of "no," the importance of focusing on mastery before diversification, and the critical step of discovering one's core values.

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#Entrepreneur #Business #Development #Entrepreneurship #Marketing #Media #Motivation #Opportunity #Productivity #Project #Social #Utah Governor's Office of Economic Opportunity #Utah #Economics #Succession