Prediction certainty 3/5 debate potential 2/5

Griffin targets $100M revenue in five years and $1B in ten

Matt Griffin · Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242 · Apr 18, 2016 · at 12:51

Matt Griffin, CEO and co-founder of Combat Flip Flops, discusses his long-term growth and revenue scale targets with Nathan Latka.

0:00 / 0:06exact quote · 6.0s
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“I have an internal goal of being a hundred million dollar company in five years, and I'd like to be at a billion in 10 years.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Matt Griffin

Insight
Griffin: Educating Women Is Key to Defeating Radicalism
“If you really want to defeat radicalism in the recruitment base forum, you just have to educate women.”
Matt Griffin Apr 18, 2016 ▶ 5:37 Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
Assertion Contradicted
Combat Flip Flops pays a 17% tariff on Afghan imports
“I pay a 17% tariffs on all my products that I bring in.”
Matt Griffin Apr 18, 2016 ▶ 6:48 Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
Assertion Not checkable as stated
Combat Flip Flops hit over $400,000 in sales by March 2016
“This year we're already capping 400 and change and we're in the first week of March.”
Matt Griffin Apr 18, 2016 ▶ 2:33 Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
Prediction Not checkable as stated
Griffin projects Combat Flip Flops will achieve ~8% net margin in 2016
“No, we should be at about net eight this year. Net eight percent.”
Matt Griffin Apr 18, 2016 ▶ 2:49 Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
Assertion Not checkable as stated
Combat Flip Flops' AK-47 sandals cost $17.50 to make, $3.90 to ship
“It costs us 17 50 to make that. And right now we're air shipping in men. So that costs about three 90 to land.”
Matt Griffin Apr 18, 2016 ▶ 3:17 Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
Disclosure
Combat Flip Flops to cut shipping costs to $0.89 via ocean freight
“By July, we're going to go over to ocean shipping. So we'll be shipping them via container and they're going to cost us about 89 cents a piece to land. So we're going to make about another three bucks on each of those per sale.”
Matt Griffin Apr 18, 2016 ▶ 3:23 Veteran and CEO Says Business, Not Bullets, Key To Winning Afghan War with Matt Griffin of CombatFlipFlops EP 242
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