Everything Bob Monahan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Monahan: Bugaboo pioneered modular strollers but lacked user friendliness
“We owe a lot of credit to Bugaboo for kind of like pioneering the market, but in my opinion, it wasn't the most user-friendly stroller.”
Monahan: UPPAbaby was first stroller expanding to carry three children
“We were the first stroller to go from, you know, you have a stroller, now you can add a second seat, and now you can add a piggyback, so we could put three kids on our stroller”
UPPAbaby Co-founder: Budget Strollers Inevitably Compromise on Material Quality and Durability
“It would be less. It's just not as good. I mean, it's just, is you know, Hyundai still has a radio. It's got wheels, tires, power windows, power, whatever, but it's not. And it's what your values are. There's somewhere in there. Either the rivets aren't stainl…”
Monahan: Building a unique brand requires prioritizing brand identity over maximum sales
“You know, some decisions you make are like, hey, what's going to sell the most? Okay, then we're going to do that. Well, okay, yeah, I understand that would sell, but for the brand, you know, this is what we want to do, and I can't really articulate why we're …”
Monahan: UPPAbaby received early capital from Lauren Monahan's father
“Lauren's dad was a good friend of mine, and he, I think he wanted to help me out a little bit, and like, you know, it wasn't, you know, he helped me, you know, with a little bit of capital to help me get going with this, but it really wasn't a big deal.”
Monahan: UPPAbaby targeted the entry-level luxury stroller market
“Yeah, that was the goal would be some middle ground, or maybe upper middle ground. Call it, you know, like, entry-level luxury or something like that.”
Monahan: UPPAbaby sales grew from 40 units to 250 units within four months
“We started with 40, and they all sold, and then everybody re-upped. The next month we sold a hundred, and the next month we sold a 175, and the next month we sold two 50.”
Hasbro's Rhode Island Presence Spurred a Juvenile Products Industry Cluster
“Because Hasbro is in, is just south of us in Rhode Island, and because of, they're there was a safety first, first year, some juvenile products companies had sprung up in the area”
Bob Monahan: US Stroller Market Was Stagnant and Dominated by Licensed Brands
“Back in the day, there was Bugaboo, and the stroller was kind of, in the United States, it was kind of stagnant, and you had various licenses that you put on. It was like you had a plane stroller with a NASCAR, Dale Earnhardt's, like, number on the side, and i…”
Monahan: High-end Bugaboo and Quinny strollers cost $500-$550 in 2005
“They were 500 bucks at that time. Five, five 50.”
Bob Monahan: UPPAbaby Furnished Its Early Office Using Discarded Lobby Furniture
“We were in Rockland, and we were in an old shoe factory. Eventually grew to be about seven or eight, nine people. And the way we did furniture there, when you're done with a piece of furniture, you put it in the lobby. And then when you wanted a piece of furni…”