Developing an Entrepreneurial Venture That Succeeds

CareerCast - Life-long Career Development

Brian Douglas In challenging economic times, starting a new venture could be one the riskiest things a person can do. Or is it? In this CareerCast, Brian Douglas, Chicago Booth alumnus and co-CEO of Itzy Ritzy, shares his insights, lessons learned, and practical advice about what it means to start, grow, and manage a successful entrepreneurial venture.

Aired May 14, 2009

Brian Douglas is the owner and CEO of Quintessential Tots, a designer and distributor of children’s and infants’ products under the brand names Itzy Ritzy and Little Luxe. Found globally in over 600 boutiques and large retailers including Target and Costco, the rapidly growing company offers a soft goods product portfolio featuring shopping cart / high chair covers, car seat covers, wet bags, designer nursing pads, and more.

Prior to Quintessential Tots, Douglas was a Mergers & Acquisitions investment banker in New York City with both Banc of America and Sagent Advisors, where he completed over $4 billion of M&A and financing deals. Before his banking career, Douglas was a strategy and technology consultant for Accenture in both New York and Chicago.

Douglas received his AB in history from Princeton University and his MBA from the University of Chicago Booth School of Business.

Zero to One Million: How I Built a Company to $1 Million in Sales and How You Can, Too by Ryan P. Allis (2008).

Bankable Business Plans for Entrepreneurial Ventures by Edward G. Rogoff (2008).

Small Business Management: Launching and Growing Entrepreneurial Ventures by Justin G. Longenecker, Carlos W. Moore, J. William Petty, and Leslie E. Palich (2007).

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Something Really New: Three Simple Steps to Creating Truly Innovative Products by Denis J. Hauptly (2007).

Entrepreneurship: Successfully Launching New Ventures by Bruce Barringer and Duane Ireland (2007).

Entrepreneurial Excellence: Profit from the Best Ideas of the Experts by Richard J. Goossen (2007).

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Something New by Pelham Grenville Wodehouse (2007).

Raising Venture Capital Finance in Europe: A Practical Guide for Business Owners, Entrepreneurs and Investors by Keith Arundale (2007).

New Frontiers in Asia: A Challenge to the West by Philip Jaffe (2007).

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