Don Ressler is a well-known American serial entrepreneur and a business leader. Ask any CEO out there. It is never that easy to venture into a new territory even with the best of ideas. Particularly, when that new business faces competition from the likes of Amazon.com. With the overcoming odds stacked up against you, what do you do? Many people panic and run. Not, Don Ressler, however. The investor finds optimal solutions to turn the adversity into his advantage. His company, Fabletics co-owned with the beautiful and the talented Kate Hudson, is now estimated to be worth a cool $250M+ according to reliable estimates like Bloomberg. Here are rare insights and tidbits defining the successful career of the Co-CEO of Intelligent Beauty, Inc.
What Makes Don Ressler Tick?
From a tender age, Don Ressler and his closest friend and lifelong business investment partner, Adam Goldenberg started thinking of means and ways to infuse technology into the fashion industry. They went ahead to set up several e-commerce sites and thanks to their incredible and well-informed marketing decisions they made, they were able to build a fistful of Uber-like performing startups the likes of Intermix Inc. and Matrix Partners Inc. getting the customer everything their hearts desires is what gives Mr. Ressler the greatest joys in his life.
Tips and Advice to Young Entrepreneurs
According to Don, the road to success is often going to be filled with several challenges. Try not to take the hiccups negatively. Use them as a learning experience on Pando. The hurdles serve to reinforce your personal will to overcome bigger obstacles ahead. In other words, you have to pick a niche you happen to be genuinely interested in else you are in for one massive disaster, moving forward.
First Business Deal
While still in high school, Don Ressler got approached by the then multi-million dollar tech firm, Intermix Media. Apparently, they wanted to buy his startup company, Gamers Alliance. He quit high school to become the Vice President, Strategic Planning Division, at Intermix, a publicly traded company earning a six-figure salary.
Don Ressler Meets Adam Goldenberg
Working at Intermix changed the young Ressler in ways you cannot even begin to imagine. He honed and sharpened his skills in business. Ressler got really good at it and by the time he clocked twenty he got promoted to the CEO post at Intermix effectively making him the world’s youngest ever chief executive officer of a Publicly Listed Corporation. It’s here where he first met his partner in crime, Adam Goldenberg who had also sold his startup to Inter Mix some years back.