The founder and CEO of Lovesac (LOVE), Shawn Nelson, weighs in on recent company earnings that reported $129.7M in revenue versus the $116.13M estimate. The stock is up 49% year-to-date. What is next for the company as the economy reopens?
Episode 22In this episode, we speak with Shawn Nelson of Lovesac and talk about that time he won a $1,000,000 investment on Richard Branson’s entrepreneur show The Rebel Billionaire, how his company has so far repurposed some 40 million plastic bottles and how Lovesac is determined to make your couch disaster stories a thing of the past!https://www.lovesac.com/https://www. connecticut.consciouscapitalism.org
Spine specialist, Dr. Shawn Nelson shares a story of a woman who had traumatic spine injuries that left her leg and the last four toes of her foot numb for 10 years. He describes how he was able to help this patient return to a higher quality of life. Dr. Shawn Nelson My journey to becoming a Chiropractor began as a patient in my early teens. I was being treated for some debilitating migraine headaches that would take my vision from me. I began to get adjustments and these went away. Continued treatment then kept them away. When the time came to make some career choices in high school; I chose Chiropractor, FBI agent, and stuntman (The Fall Guy was my favorite TV show and the impetus for this choice). Due to my natural aptitude in science, my experiences with my own issues, and my overwhelming desire to be able to help in any situation I could; I made my choice. I was educated my entire life inside the State of Iowa. First attending and graduating from Waldorf College with an AA in pre-med. I continued on at the University of Northern Iowa and then the Palmer College of Undergraduate Studies earning my BS in General Science. I finished my education graduating from Palmer College of Chiropractic in Iowa March of 2002. I have practiced in Michigan continuously since moving here in April of 2002. My wife and I have 2 boys and a girl which keeps us very active. We have been living in nearby Grosse Pointe Woods for 8 years and stay very active with the local schools and churches. My work ethic was shaped by growing up on our family farm outside my hometown of 500 people. My parents worked full time jobs and I played 5 sports in high school, so we farmed at night when everyone else had gone in for the night. If something broke we were up as long as we needed to be to get ready for the next night. I have always been around athletics. After high school I was a 2 sport athlete in college on scholarship for both football and wrestling. I continued to receive Chiropractic care through these years specifically after severely spraining my left knee at the end of my freshman years. Once those ended I changed my focus to rugby. I was on scholarship for it through my chiropractic college. My playing career ended in 2012. I played in 2 countries, countless states, and for 6 teams (including a cameo for the Navy). I have coached both the men and women of Detroit. For the last 7 years I have stayed active with refereeing. I have been taking care of athletes nearly 20 years starting in our rehab department in college, treating the whole rugby team in college for a year, and then being the on field trainer and chiropractor for all of the teams I played on and coached for 17 years here in Detroit. Resources Dr. Nelson's website Dr. Nelson on Facebook https://provider.kareo.com/dr-shawn-nelson Knee Decompression Article Find a Back Doctor http://thebackdoctorspodcast.com/ The Cox 8 Table by Haven Medical
Lovesac was the fastest-growing furniture company in America in 2019 according to Furniture Today. Shawn Nelson can’t be certain if the company he founded would still be in existence if he hadn't served a Latter-day Saint mission, but he doesn’t think it would be. After all, it was his ability to speak Mandarin that made fulfilling the company’s first big order possible. But Nelson says his mission also taught independence, mental toughness, and how to build relationships of trust—all skills he has since used to build his business. “For missionaries...the blessing is the mission, the blessing is the experience. Sadly, I worry that I took a lot more than I probably ever gave because it blessed my life in so many ways." Show Notes 1:17- A Giant Bean Bag10:42- A Mission in Mandarin15:04- Everything Else is Dust19:34- Highs and Lows24:43- Sharing the Gospel Through YouTube30:45- Advice for Aspiring Entrepreneurs36:40- What Does It Mean To Be “All In” the Gospel of Jesus Christ? Find the full episode transcript at ldsliving.com/allin.See omnystudio.com/listener for privacy information.
Rock-bottom to ringing the bell with CEO Shawn Nelson: Chapter 11 bankruptcy to going public with Lovesac and all the leadership and life lessons he's learned
Mint Arrow Messages
As a teenage kid fresh out of high school, Shawn Nelson came up with the idea of making his own bean bag with foam that caught on like wildfire across the US within a few years. As his business LoveSac took off, he also won a million dollar investment from Richard Branson on the hit TV show Rebel Billionare. Like many businesses that grow super quickly, LoveSac hit a rock bottom in those early years as they filed for Chapter 11 bankruptcy. Shawn explains to me what it was like to stick with his business and rebuild, the lessons he learned in leadership and overcoming adversity, and what they had to do to build all the way back up to the point of going public in June of 2018. He explains why LoveSac is now totally focused on sustainability and helping families grow with sactionals that will literally last them a lifetime. Shawn shares with me some of his personal values that he's established over the years too, why being a family man is the most important thing to him and how he manages to make the entire LoveSac organization feel like family too. Show Notes: Shawn’s blog DFL Group (Designed For Life) https://dflgroup.org/ Lovesac’s page https://www.lovesac.com/ Shawn’s Vlog https://www.youtube.com/channel/UCFy8VVTRnCGrWtF3n_rvVqA Instagram @shawnoflovesac https://www.instagram.com/shawnoflovesac/?hl=en FB https://www.facebook.com/ShawnOfLovesac/ Twitter @shawnoflovesac https://twitter.com/shawnoflovesac?lang=en Shawn’s book recommendations: Good to Great by Jim Collins https://amzn.to/2uESEvf The Advantage by Patrick Lencioni https://amzn.to/2tRwoOh Purple Cow by Seth Godin https://amzn.to/31Mblco Psycho-Cybernetics by Maxwell Maltz https://amzn.to/37m6e47 The Accidental Superpower by Peter Zeihan https://amzn.to/37n3aoj Produced by Dear Media
This week we are talking about Shawn Nelson and his sad, strange tale. We also try something new this time, we found the video and watched it to do some commentary over it!Let us know what you think!Here's the link to the videohttps://www.liveleak.com/view?t=b6e_1487824131Go Check us out on Patreon!https://www.patreon.com/darkwindowspodcastWe have a Threadless Shop Now!https://darkwindowspod.threadless.com/Thanks to our sponsor Sudio Headphones, go check them out here: https://www.sudio.com/us/ and put in DARKWINDOWS15 at checkout for a 15% off discount on your purchase!Check us out here:https://cms.megaphone.fm/channel/darkwindows?selected=AOR1672165191Huge thank you to Age of Radio NetworkGo checkout the shows page athttps://www.ageofradio.org/darkwindows/Find us at:https://www.instagram.com/darkwindowspod/https://twitter.com/darkwindowspodhttps://www.facebook.com/Dark-Windows-363596237442341/https://www.instagram.com/broadstone_creations/https://www.instagram.com/speedie802/https://www.instagram.com/kcarleton87/Shoot us and firstname.lastname@example.orgDon't forget to Check out Seth Broadstone's Sponsor!https://gameenvy.net/ and put in BROADSTONE at check out to get 10% off your entire order!Head over to Dicehead Games website and check it out, so many minis, comic books and other cool stuff!http://diceheadgames.com/And don't forget to check us out on Megaphone.fm!check out all the other great shows there as well!Thank you to all our listeners! We literally couldn't and wouldn't do this show without all of you! Learn more about your ad choices. Visit megaphone.fm/adchoices
Episode 287 Shawn Nelson is a First Class Father, Highly Successful Entrepreneur and Founder of the LoveSac. Shawn came up with the idea for the oversized Bean Bag over 20 years ago and has turned that idea into a successful furniture company. In this Episode, Shawn shares his Fatherhood journey which includes four children, he takes us through his entrepreneurial life from idea to product to business, he talks about being an entrepreneur while being a Dad, he gives his opinion on whether or not kids need a college education to succeed in today’s world, he lays out his vision of the future and how he plans to revolutionize the furniture industry, he offers some great advice for new or about to be Dads and more!First Class Fatherhood is sponsored by:REDCON1 - Visit https://redcon1.comUse Promo Code: FatherSTRIKE FORCE ENERGY - Visit https://www.strikeforceenergy.comUse Promo Code: FatherhoodSEATGEEK - Visit https://seatgeek.comUse Promo Code: FIRSTCLASSSAVE $20 OFF TicketsSubscribe on YouTube - https://www.youtube.com/channel/UCCD6cjYptutjJWYlM0Kk6cQFirst Class Fatherhood Merch - https://shop.spreadshirt.com/first-class-fatherhood-/we+are+not+babysitters-A5d09ea872051763ad613ec8e?productType=812&sellable=3017x1aBoNI8jJe83pw5-812-7&appearance=1Follow me on instagram - https://instagram.com/alec_lace?igshid=ebfecg0yvbapFor information about becoming a Sponsor of First Class Fatherhood please hit me with an email: FirstClassFatherhood@gmail.com--- Support this podcast: https://anchor.fm/alec-lace/support
23: Meet the Inventor of the LoveSac. He’s Cool, He Recycles, & He’s All About Family w/ Shawn Nelson
The Cannonball Mindset
I have twin 14-year-old daughters. One of them came home recently and said, “Hey dad, I want a Lovesac.” So, like any good dad, I hunted down the guy who put this idea into her head. (I was very confused on what was going on. I didn’t realize she just wanted furniture.) Turns out the inventor’s name is Shawn Nelson, founder and CEO of LoveSac, the company you may know of because of their giant bags filled with foam (they aren’t beanbags, but they look like beanbags). Out of every founder, mover, and shaker I’ve had on Cannonball Mindset, only one has given me goosebumps with his life mission and vision. It’s time to meet Shawn Nelson.
From Bankruptcy to a $56 Million IPO - The Rules of Survival With Shawn Nelson The Rebel Billionaire
Shawn Nelson is the ultimate entrepreneur and founder of LoveSac the oversized "not Bean Bag" Chair that has made him one of the top furniture designers in the biz. A Self made millionaire who created a simple concept in his parent's garage 25 years ago for $10.00, which now has stores worldwide and recently completed a $56 million IPO. ONE37pm Associate Editor Omari White sat down with Nelson as he recounted the journey that got him to this point. His story reads like an adventure movie, complete with a young Nelson hustling between college (which he funded on his own by waiting tables) and LoveSac trying to keep the company alive by blindly racking up credit card debt with trips to China to find a fabric distributor to fulfill an order for national retailers. From incredible growth leading to winning Richard Branson’s “Rebel Billionaire” reality series and taking home 1 million dollars to expand his company, to losing it all and having to declare bankruptcy, and then coming back and successfully completing a $56 million IPO.
From Bankruptcy to IPO, How Shawn Nelson Built the Country's Fastest-Growing Furniture Retailer
Business of Home Podcast
It’s a coming-of-age business tale that reads more tech startup than furniture manufacturer. More than two decades ago, Lovesac began as a zealous idea in Shawn Nelson’s parents’ basement. As of June, the company filed an IPO with a company market capitalization of more than $250 million. In this interview, Nelson revisits the merchandising mistakes, bankruptcy filing, and painful lessons learned along the way. This episode is sponsored by Fuigo.