How the Co Founder of Bulldog and Waken Built His Businesses | Simon Duffy | The 2%

10 Dec 2021 · 40 min
Episode

10 Dec 2021 · 40 min

0:00

Transcript of a podcast interview (Dec 10, 2021) in which Simon Duffy recounts his path from studying history and working in accountancy to roles in Saatchi & Saatchi (NZ/US) and founding Bulldog (men's skincare) and later Waken (dental/mouthcare). Bulldog launched in retailers in 2007, grew internationally (eventually ~£150M turnover cited, in ~35 countries), and was sold to Edgewell (exit in 2016). Waken was founded in January 2019 and launched November 2019; it targets the stagnant mouthcare category with sustainably designed, natural-ingredient products. Key themes: look for large but stale categories, the intersection of founder vision/opportunity/desire for brand innovation, iterate in-market rather than over-research, recruit expertise early, focus (start narrow), and back yourself—accepting downside risk to avoid future regret. Challenges noted: packaging iterations, timing and COVID-related retail disruption for Waken, supply-chain/shipping cost pressures, and slower-than-planned international listings.

Questions this episode answers

December 10, 2021

About £150 million worldwide and presence in 35 countries (Simon: 'probably about 150 million worldwide, 35 countries').

Started in January 2019; launched in November 2019 in UK stores.

June 2007 (six products).

About £1 million.

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