Transcript
A (0:00)
I said this after the award as well, that the excitement of this money is for R and D, right? We want to make new products, we want to do more with it. And I think that's how we've operated the business. Like we need to be practical and not overextend ourselves or go beyond what we have in front of us in terms of liquidity, cash, like how we run the business. But the more we can invest in making new products, technologies and consumer experiences, the better off we would be with it.
B (0:24)
Welcome to the B2B Breakthrough Podcast. We're here to bring you all the best knowledge, insights and strategies from e commerce experts, successful business owners, and the team@alibaba.com that you'll need to grow your business and achieve your next big breakthrough. I'm your host, Ciara Christo. Today on B2B Breakthrough, I'm joined by Christian Reed, the founder of Recon Tools and fresh off his big win at Co Create pitch. Christian has built an innovative hardware brand without leaning on traditional VC funding. And he's here to share the ups, downs and lessons that other entrepreneurs can learn from. Christian, welcome to the show. We're glad you're here.
A (0:58)
Thanks for having me. Happy to be here.
B (1:00)
Congratulations again on your big win at Co Create. How's the response been for the team?
A (1:04)
Great. I think it's anytime there's a way to validate the work we're doing that anytime we're engineering or internal to something, you certainly deal with all the pits and behind the scenes, whereas the customers only see the final product with it.
B (1:17)
For our listeners who were not at Co Create and who may not be familiar with you, can you lay a quick foundation for us on what Recon is?
A (1:24)
Yeah, sure. So Recon Tools was founded by myself and my co founder Costas, in 2020, really, as a side project, we had launched a Kickstarter for a very specific measuring tool for miter saws that basically just measures wood slid underneath a rolling wheel and displaying the measurement of it. And I think five years later and hundreds of thousands of products later, we've developed a lot more of a robust idea of what recon could become and is becoming now, which is a way to capture and execute data on everything from large construction projects to home improvement projects. Digital tape measures are probably the best personification of that of taking a standard tape measure, making it digital to both display the measurement and having Bluetooth to be able to share the measurements. Any spreadsheet, PDF software, or ways to really integrate and digitize construction projects so that's been our theme over the past couple of years. And constantly innovating and working on new ways we can help professionals in the space complete their work faster with less errors and make it easier for someone to come in and get active working on a project.
