Poging GOUD - Vrij

Marina Khidekel | Misjudging your audience at launch could kill your startup. But with the right mindset, you can turn it around.

Inc.

|

November 2024

One of the biggest mistakes I've made as a founder is misjudging my audience.

- Marina Khidekel

Marina Khidekel | Misjudging your audience at launch could kill your startup. But with the right mindset, you can turn it around.

From the moment my brand launched, I limited its growth potential.

I started my business, Hugimals World, in the summer of 2022 because of my need for our anchor product: a substantially weighted, design-forward, machine washable, eminently huggable plush I could use to calm my racing mind as I tried to sleep. Though I had created Hugimals with input from therapists on what would help anxious adults like me, they were also suitable for kids, and I was intently aware that this was a line of stuffed animals, which are usually seen as toys for children. So upon debuting Hugimals at a specialty toy trade show, I marketed almost exclusively to families and children.

This seemed justified at first.

Hugimals quickly resonated with both kids and parents, earning "best toy" accolades from Good Housekeeping and Parents. The product was even a finalist for the Toy Association's Toy of the Year in the plush category, competing against Squishmallows, a massive brand whose parent company is owned by Warren Buffett's Berkshire Hathaway. It was surreal.

But after six months, I discovered something surprising: More than half of our customers were adults who bought Hugimals as self-care items for themselves or for friends. Rising anxiety in adults, and the "kidult" trend that's seeing grown-ups unabashedly enjoying nostalgic toys, was leading them to embrace Hugimals in a big way.

Reviews poured in from 30and 60-year-olds alike. "This is the best thing I have ever bought for my anxiety," they said, and "I don't know how I ever slept without this!" One video we made showing an adult reacting to the feeling of holding a Hugimal, which many say is like holding a baby, went viral on TikTok, with more than 12 million views. I couldn't deny that half the people actually buying my product were not those I was targeting with my marketing efforts.

MEER VERHALEN VAN Inc.

Inc.

Inc.

How I Beat the Odds to Create a New Kind of Event Company

It’s never too late to win big. That’s the way Derek Gwaltney, 52, thinks about both life and his event company, Atlas Experiences.

time to read

4 mins

Fall 2025

Inc.

Inc.

THE TRICKY BUSINESS OF BEING AN IMMIGRATION ATTORNEY IN 2025

As sweeping changes reshape the immigration system, a wave of demand is fueling legal tech startups, boutique law firms, and social media-savvy lawyers.

time to read

7 mins

Fall 2025

Inc.

Inc.

Marina Khidekel

As your company grows, you'll add new products. Here are common traps to avoid.

time to read

5 mins

Fall 2025

Inc.

Inc.

Karen Dillon

Being on a winning streak is fun. But be careful you don't get addicted to chasing success.

time to read

5 mins

Fall 2025

Inc.

Inc.

STRESS TEST

With lucrative deals from Nvidia and OpenAI and a market value that has crossed $75 billion—as well as over $8 billion in debt—CoreWeave is a driving force in the AI boom.Amid growing competition, does the company have what it takes to sustain its meteoric rise?

time to read

12 mins

Fall 2025

Inc.

Inc.

How We Built an Allergy Business on Reddit and YouTube

Like millions of Americans, Aakash Shah, 31, has struggled with allergies, leading to itchy eyes and congestion for the software engineer.

time to read

4 mins

Fall 2025

Inc.

Inc.

FOR GROWTH COMPANIES, A MESSY TRADE WAR THREATENS PROFITS

There’s a new normal in what it takes to lead and grow a business. And Inc. 5000 CEOs have been learning to adapt on the fly.

time to read

10 mins

Fall 2025

Inc.

Inc.

A First-Class Idea

How Shenique Sparks turned her luxury travel side hustle into a big business.

time to read

4 mins

Fall 2025

Inc.

Inc.

The Mother of Reinvention

Everything is perfectly in place for Joy Mangano's second act with CleanBoss, including her partnership with co-founder Pitbull.

time to read

4 mins

Fall 2025

Inc.

Inc.

VIVA RAW

Jennifer Wu and Zach Ao Hillsborough, North Carolina Three-year growth rate: 5,670%

time to read

3 mins

Fall 2025

Listen

Translate

Share

-
+

Change font size