Trey Lockerbie chats with Kat Cole, former President and COO of Focus Brands, a portfolio company with household names like Cinnabon, Carvel, Jamba, Auntie Anne's, Schlotzsky’s, and more. They explore the power of brands and how it fuels billion-dollar enterprises. Focus Brands as a whole generates around $5B in revenue per year and Kat takes a deep dive into how these brands came to prominence. IN THIS EPISODE, YOU'LL LEARN: 0:00:00 - Intro 0:00:51 - Kat Cole’s Rise From Being a Hooters Waitress at Age 18 to Being a VP of Hooters by Age 26 0:07:34 - Book Smart and Street Smart at the Same Time 0:11:22 - Kat Cole Getting an Executive MBA 0:16:33 - Integrating Systems in an Organization. Is There a One Size Fits All? 0:21:33 - Kat Cole Is Writing a Book Containing Her Frameworks. When Should We Expect It? 0:21:55 - Does Kat Cole Examine Systems in Companies That She Invests In? 0:23:44 - Fundamental Framework: Ask, Answer, and Act 0:24:46 - Culture of a Company 0:28:40 - What It Was Like to Be Placed at the Helm of Cinnabon During the Great Recession and How Kat Cole Pulled off a Miraculous Turnaround? 0:33:47 - Thinking Outside the Box and Optionalizing Brands 0:37:41 - Mission Statements 0:46:20 - Framework and Mission Statement for Focus Brands 0:48:40 - How and Why Community Impacts Brands 0:57:11 - What Are NFTS Such as Cool Cats and Bored Apes Really Selling? Where Does It Live? 01:01:51 - World of Opportunity in NFTS and Web3 01:07:39 - What Drives Kate Cole to Continue Being Active and Engaged Even After All the Success ✔️ Subscribe to Bitcoin Fundamentals/We Study Billionaires podcast show: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/episodes/frameworks-for-building-billion-dollar-brands-w-kat-cole/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ 🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn 💸Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast 👔 Linkedin: https://www.linkedin.com/company/the-investor's-podcast 🐦Twitter: https://twitter.com/tip_network?lang=en ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/ Have a question? Get your voice heard on the show: https://www.theinvestorspodcast.com/your-questions/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.