From 2017 - 2021, I lead growth efforts for Southern California’s largest innovation lab, Toolbox LA. 🚀 It was HQ for MiLA Capital, an early-stage hardware fund investing in tech you can touch. 🤖 I was fortunate to have amazing leaders who believed in my abilities and let me experiment. They also took the time to teach me new concepts about project management and finance. This was critical to our success. Without exceptional leaders, it's really hard to scale anything successfully. I feel so fortunate to have worked for smart, kind, and thoughtful investors who taught me so much. Thank you, Noramay Cadena, Carmen Palafox, and Shaun Arora for all that you've done to help my career. Here are some results I achieved through strategic marketing initiatives around customer acquisition (we had 2 business models: monthly membership fees and event space booking fees) 🚀 Grew memberships and revenue within the 24 months of operation from $4,000 to $35,000 MRR 🚀 Maintained a sales pipeline of over $500k in leads utilizing the HubSpot CRM system 🚀 Leveraged new and emerging industry-related digital channels (Peerspace, LiquidSpace, Croissant) for brand awareness and $150k in lead generation 🚀 Worked with LA Mayor Eric Garcetti’s team to launch Toolbox LA in tandem with LA’s Manufacturing Week, resulting in over 1000+ RSVPs, media coverage, and a continuation of successful government relationships 🚀 Launched First Fridays, a monthly event series showcasing local artisans, small businesses, creatives, and DTC brands There was a lot more we accomplished, but those achievements are the ones I am most proud of. Reflecting on this time, I am incredibly grateful for the ability to experiment. Freedom and trust within an organization are key to sustainable growth. We also had a major advantage in our value proposition: we were the only innovation lab in Southern California with open, community access to a full maker space, wet lab, and coworking amenities. I learned so much about product prototyping from the members and portfolio companies. I wish I could tell you this place still existed, but we were one of the unfortunate consequences of the pandemic. We shut down in January 2021. Now, it serves as home to Machina Labs, which is doing some truly innovative work in AI and manufacturing. I still use the Toolbox LA mantra when tackling hard problems: "Wake up, kick ass, repeat" This is just one chapter in my 16 years of experience in marketing, community building, and partnerships. Would you like to learn more about customer acquisition strategies? The RAR Studio is now accepting applications for Cohort 2 of Founder Bootcamp. You'll get to learn all my tips and tricks. And you'll also get 1:1 strategy sessions each week. Apply now: https://bit.ly/4aRHzF8 Would love to hear from anyone who's building something interesting and chat about growth strategies! #marketing #community #innovation #growth #leadership
So many great memories at Toolbox LA — thanks for making it such a welcoming and supportive environment, Raychel 💪
At my age you need "soak toes" after "kick ass", but, yeah.
You've been a huge contribution to the success of this LA ecosystem Raychel Espiritu! Although the resource is no longer around, there is definitely a strong desire and need for future Toolbox/MiLAs! Let's grab coffee some time and catch up!
You are a powerhouse! So lucky to call you a friend and build The RAR Studio together!
Oh man what a throwback 😁 this day was awesome and such a great intro into the hardware development community in LA. I see a fresh out of university Armaan in the back right.
Thanks for sharing this, Raychel Espiritu. It was a wonderful ride. You were the right person at the right time to help build that community. We had so many hurdles in building the tech community in the West Valley and glad to see you still being a champion for the broad universe of founders across SoCal.
Glad to have called Toolbox LA home during those years
missing this place!
Managing Partner at Supply Change Capital
8moRaychel Espiritu thanks for the throwback and reminder of the gap we filled those years! What a ride! 💪🏽 🧡