Welcome back to the Gross Profit Podcast! In today’s episode, “Fishing for the Right Business,” host James Kennedy dives into a captivating conversation with Joseph Lee, Co-Founder and CEO of Supademo. They explore Joseph’s entrepreneurial journey from launching a direct sales seafood business to pivoting to an online marketplace amid the pandemic.
About Joseph Lee: Joseph Lee is the entrepreneurial mind behind Supademo, a platform that revolutionized the seafood industry by transitioning from traditional sales methods to an innovative online marketplace. This shift not only sustained the business during challenging times but also spurred significant growth. Joseph’s journey is marked by a series of adaptive strategies and learning from both successes and failures.
What You’ll Learn:
- Navigating Business Pivots: Insights into how Joseph transitioned from a direct sales model to an online marketplace, adapting to new business realities.
- Learning from Failures: Joseph discusses the importance of resilience and the valuable lessons learned from setbacks.
- Building a Strong Team and Culture: Strategies for hiring the right people and fostering a company culture that supports growth and innovation.
Episode Highlights:
- “Joseph, can you walk us through the initial concept of your seafood business and what prompted the pivot to an online marketplace?”
- “What were some of the key lessons you learned from early challenges in your business?”
- “How do you approach hiring, and what qualities do you look for to maintain a strong company culture?”
Beyond his role at Supademo, Joseph is passionate about mentoring other entrepreneurs and is actively involved in various business networks where he shares his experiences and insights. His story is a testament to the dynamic nature of entrepreneurship and the critical importance of adaptability and team building.