From Target Executive to Start-up President
Tuesday, April 1, 2014
Alumnus Michael Barr, β98 BSB, has one simple requirement for accepting a job: it has to be fun. As president and COO of Freaker USA, maker of knit beverage insulators, heβs in the business of ridding the world of moist handshakes.
Barr first applied his business savvy to bring ideas to life in an undergraduate marketing class at the Carlson School. The students were tasked with conceiving concepts for Korbel Champagneβs Y2K New Yearβs Eve advertising campaign. And while his teamβs pitch wasnβt chosen by the agency, Barrβs experience of crafting creative solutions for a real client had a lasting impact.
Although he considered entering law school immediately following graduation, Barr instead accepted a business analyst position at Target. He completed the executive training program and honed a specialty in consumer electronics. One year later, he was promoted to senior business analyst for Super Target. At the time, there were only eight Super Target stores in the country.
βWhen the opportunity came along I decided to try it out,β says Barr. βI thought, βIβll do it as long as Iβm having fun, then go to law school.β I ended up leaving Target, but never stopped having fun.β
Barr became an independent sales representative. He used instead his experience in retail to advise consumer electronics manufacturers on how to get their products sold in Target, Walmart, Best Buy, HSN, QVC, and others.
In 2012, after 13 years in sales, Barr took notice of a new business opportunity on the TV showΒ Shark Tank. During that fateful episode, Freaker USA founder Zach Crain solicited an investment in Freakers: one-size-fits-all drink insulators that keep beverages cold and hands dry. Although Crain didnβt win an investment from the sharks, Barr was instantly intrigued by the invention and reached out. He took on the start-up as a client and began shopping the product to major retailers.
Soon after Barr became involved, the companyβs growth threatened to outpace the employeesβ competencies. It was then that Freaker USA appointed Barr to president and COO. In his new role, he fortified the supply chain, managed risk, connected with large retailers, and performed other duties Crain and company were less than inclined to tackle.
βFreaker is made up of very creative people, with amazing fun ideas,β says Barr. βIβm the boring one. I do everything that they donβt want to spend their time thinking about. Thatβs whatβs so fun about business, everyone serves their purpose and you need all those different people.β
Grounded by the business foundation Barr brought to the start-up, Freaker USA has enjoyed tremendous growth. Since 2011, sales have grown four-fold annually. Available in dozens of designs, Freakers are now sold at Target, Bloomingdaleβs, Tillyβs, Herbergerβs, Kowalskiβs, Nordstrom, QVC, and more.
Barr, who attests that fun is at the core of every job heβs ever had, is grateful to the Carlson School professors who inspired him to follow his passion.
βPeople who are successful are the people who love what they do, whatever it is,β he says.