Monthly Nuggets: Phil Brooks

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Meet Phil Brooks

"I looked at the resources I had and decided on the best opportunity I had, given my connections at the time. I knew it would take a lot of hard work, but we don’t usually go as hard as we can until we feel we have no other option."

Consult M&P is a boutique consulting firm dedicated to solving all of your material expertise needs that may arise with a new, and or existing product.

The Business of Product Development in 2018

How is Consult M&P changing the world?

CMP is changing the world through advances in science. As material scientists, we strive to find the best way possible to handle material expertise needs no matter what stage in the product life. We have worked on an array of projects ranging from food packaging difficulties to military defense apparatuses, creating advances in technology in both. 

Why is product development so important for new product-based businesses?

Product development is so important because it is the business. The consumer determines the life of the product through its need. It's our goal to continue the advancement of each project to benefit the consumer overall. We must constantly try new alternatives to success to ensure we don’t leave any discoveries behind.

What predictions do you foresee happening in 2018 within your particular industry?

I see a big push for polymer based products in the future. More and more industries are realizing that they can benefit from polymer products replacing their correct materials or complimenting them. You can see this in the new Snapple containers and also newer wine corks. The world is using alternative resources to preserve and we help move that knowledge in the right direction. 

What moment in your career triggered your desire to start your own business?

I got fired! That’s the honest truth. But before that always wanted to own my own business. This actually is not the first business I’ve started but by far the most successful. Back in 2015 when I was let go I knew I needed to start something but I was not sure what. I looked at the resources I had and decided on the best opportunity I had, given my connections at the time. I knew it would take a lot of hard work, but we don’t usually go as hard as we can until we feel we have no other option.

What are 5 tips to be an effective millennial man in business today?

Never stop learning. We live in such a fast pace world where information is constantly changing and being behind can have extreme disadvantages. 

Stay humble. I always tell my friends this in comparison to the show “Survivor,” they always vote off the strongest and the weakest first. As long as you stay in your lane you will get to the promise land.  

Stay ambitious. Always striving for advancement will keep you from being left in the past. Depending on your industry, you need to constantly strive for the next big thing.

Your network is your net worth. I’m not sure who created that saying, but having great people around you for direction is essential to success. 

Take Risks. The greater the risk the greater the reward they say. If I had not taken the risk to start my company, I would not be where I’m at today. Most people don’t take necessary risks for success.