Introducing Davie Fogarty, a young and impactful entrepreneur shaking up the business world at the age of 28.
The former AFR Young Rich Lister and founder of multiple consumer brands has left a significant imprint in the domain of consumer brands, notably marked by the success of The Oodie. Additionally, Fydoo, a brainchild co-created by entrepreneur Sebastian Waddell and Davie, stands as a testament to their innovative approaches. The Oodie, having sold over 8.1 million units and amassed a remarkable $500 million in revenue, is a prime example of Davie’s forward-thinking strategies in the realms of digital and eCommerce models.
Reflecting on his path to success, Davie reveals, “Since school, I have always had a keen interest in business and a desire to become successful one day. I wasn’t really interested in university, nor did I have the passion or discipline for it, so I chose to pursue business. My first business was opening a café selling rolls, which ended up being one of my biggest failures and greatest learning curves.”
Davie’s journey to success is characterised by his unwavering commitment to customer satisfaction and a steadfast refusal to cut corners. He firmly believes that shortcuts are not the way to scale a business and keep customers happy.
“One of the key choices that have contributed to the growth of my businesses is the amount of time I dedicated to learning about digital marketing and strengthening my skills. In the years before launching The Oodie, I dedicated myself to upskilling, where I learned a more holistic approach to marketing rather than doing hacky, permissionless marketing that provided little value.”
Davie’s foray into the world of pet products is equally astounding. After investing in Pupnaps, a range of calming dog beds, in 2019, he managed to catapult its monthly sales to over $1 million. Now, his focus is on Fydoo, an innovative solution designed to transform the lives of pet owners. Fydoo, an elevated grass patch equipped with a water source and floor drain, automates the sanitation process, eradicating odors, germs, and bacteria.
Drawing parallels with the success of Fresh Patch, he explains, “It was clear that there is a demand for not only convenient but sustainable pet solutions, and Fydoo is a product that gives pet owners the luxury of both.”
Collaborating with Sebastian, who devoted three years to meticulously developing and testing the product, they share a common vision of providing ease, convenience, and sustainability to pet owners. Sebastian explains, “Fydoo is designed to make it easier for pet owners living in apartments, townhouses, or homes without a backyard – and especially when they aren’t home to clean up after their pets. I am excited to work alongside Davie, who has already had immense success in the pet care world, with Pupnaps.”
Davie recognises the pivotal role of digital marketing, attributing his growth to a deep understanding of algorithms and systems behind major social media platforms like Facebook and Instagram, which allowed him to amass over 600,000 followers in the early stages.
Drawing from his experiences, Davie advises aspiring entrepreneurs to learn from their mistakes and persevere, emphasising the importance of patience and learning. He encourages leveraging unique life experiences and perspectives to fuel innovative business ideas and to seek solutions to problems.
Davie and Sebastian have big plans for Fydoo, including extensive Facebook and Google Ads strategies, which were instrumental in The Oodie’s success. They believe this targeted approach will boost Fydoo sales from the outset. Positive customer testimonials will also play a crucial role in driving sales.
Video content is another key ingredient in their marketing strategy, as Davie explains, “Engaging videos with an authentic feel have become an important part of the marketing strategies across our brands as it helps us build a strong community. Fydoo is a product that will benefit from explainer videos and content showing how to maximise its value for pet owners.”
“My success with The Oodie stems from our relentless desire to make our customers happy. One thing that I have never done nor will ever do for any of my businesses is cut corners. Although it is tempting for many business owners to take an easier route, I believe you are unable to scale any business and keep your customers happy if you take shortcuts.”
Talking about the challenges, Davie explains: “Like many other beginner entrepreneurs, I definitely got a little too ahead of myself after first entering the game. I attempted six now-failed business ideas, including a gym clothing line, headphones, and seasonings. Through this, I have learned the importance of acquiring as many skills as possible to lead me to develop a successful four-pronged approach to business that comprises content, social media, customer service and product development. I now use this approach to help fledgling entrepreneurs scale their businesses to a similar extent.”
Davie and Sebastian have already revamped the Fydoo website and initiated pre-sales, primarily targeting the Australian market. Plans are in motion to explore distribution partnerships beyond Australia.
“It is important to remain vigilant and look for problems that need solving. Give credit to your unique experiences and perspectives in life and use them to fuel your next business idea. Use your available resources to learn as much as possible to find what works and what doesn’t. I recommend reading books, listening to podcasts and watching videos to learn fundamental skills such as direct response copywriting, basic graphic design, videography and media buying.”
Through my journey as an entrepreneur, I have learned that patience and perseverance are key, but once you find out what success looks like, stick to it. Failure is fine, but it is extremely important to find small bits of success in every failure. These can then help build your understanding of what works.