Growing Your Company | Canopy Management COO, Haley Burt (Podcast 265)

6 Apr 2023 · 35 min
35:29

Interview (podcast) with Haley Burt, COO of Canopy Management (recorded April 6, 2023). Covers Canopy's business (brand management on Amazon and Walmart and a smaller owned-brands arm used for testing), their performance-based revenue model, growth from 6 to 100+ employees, documented playbooks (~1,400 pages in a Tetra wiki), tooling (Tetra, Monday), client criteria (minimum ~$1M/year on Amazon), key metrics (84% year-over-year profit growth for client brands; management revenue ~90%, owned brands ~10%), and cultural/operational practices such as quarterly goals, “Rhino Lining” (resilience), and hiring/coaching approaches.

Questions this video answers

Canopy began as a service after an educational course; the firm started in 2018 ("that's how Canopy was born in 2018").

About 1,400 pages documented in their Tetra wiki ("over 1400 documented pages").

Approximately 90% management services and 10% owned brands ("management's 90... brands 10%").

They typically work with brands doing a minimum of over $1 million per year on Amazon ("minimum over a million dollars a year on Amazon").

They report 84% year-over-year profit growth for their managed brands ("84% year over year profit growth").

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