A Minnesota business that has stores throughout the country is about to get a new name. Hot Mama will change its name Monday, but WCCO got a peak at the new logo Sunday night. Not to mention an explanation of the surprising reason behind the change, and what it means to an owner so closely connected to the original name.
Mixing work with family can be tough for a married couple. But one duo seems to have done it, building a booming business despite very limited experience. “I didn’t have a retail background and I opened up a store called Hot Mama,” said Megan Tamte, the founder and CEO of Hot Mama. “I think those are two things right there that set you up for a lot of naysayers.” But Tamte has been proving those naysayers wrong for nine years. The third grade teacher turned business mogul was recently named Ernst and Young’s Midwest Entrepreneur of the Year. So Amelia Santaniello sat down to talk to her about building a business, with kids, without any experience, and with her husband as a partner. Watch them getting ready for a family dinner, and you can tell that Megan and Mike Tamte know how to work together. They preach teamwork to 16-year-old Allison and 13-year-old Roian, and say it’s one of the secrets to their success in an unexpected business.
Six Minnesota CEO’s have been honored as Ernst & Young Entrepreneur of the Year 2013 Award winners in the Upper Midwest. The award recognizes outstanding high-growth entrepreneurs who demonstrate excellence and extraordinary success.