Build A $100M Brand Using Influencers & Viral Marketing | Kent Yoshimura | FO587 Raj Shamani — Transcript
Full transcript
- 0:00You're one of the fastest growing D2C
- 0:01brands in the world. Tell me what's the
- 0:03smartest thing you did in Neurogun,
- 0:05which a new founder can copy and the
- 0:08world doesn't know about. We got
- 0:09creators and we used affiliate marketing
- 0:11to a degree incentivized those
- 0:13influencers to be able to make money on
- 0:15every single sale you're doing. Like our
- 0:17top creators made like $150,000 in a
- 0:20month. No way. That's a CEO salary.
- 0:23There has to be something which would be
- 0:24of like blow up moment. It's easy to
- 0:26break down a company into five different
- 0:29sections. There's ops, sales, finance,
- 0:32marketing, and then leadership.
- 0:33Everything you're doing to grow the
- 0:35business should be within all those
- 0:36frameworks and how those frameworks
- 0:38communicate with each other. And we hire
- 0:40those people into the team. And we
- 0:41thought of a organizational framework
- 0:42like the business took off. So, how do
- 0:44you hire? What do you look for people?
- 0:46Trust. Is it a person that you have
- 0:47trust in from an experiential level, but
- 0:49also a personal level? Two, is there
- 0:52humility involved? Is this person
- 0:53willing to admit their mistakes so that
- 0:55they could learn from it? Which leads
- 0:57into the third thing, finding a problem
- 0:59solver. Tell me three values that you as
- 1:01a brand stand for. When we build out our
- 1:03brand book, we talk about do we have
- 1:05calm leadership? We should always be
- 1:07able to solve any problem with a smile
- 1:09on our face. Humility. Do all of us, no
- 1:12matter what position we're in,
- 1:14understand that every level serves
- 1:16others. It is. And the last one, funny
- 1:18enough, is kaizen. It is progress over
- 1:20perfection. to improve every single day
- 1:23versus chasing perfection is a better
- 1:26mantra for life because there is no such
- 1:28thing as perfection.
- 1:29>> Someone who want to become an
- 1:30entrepreneur wants to build a brand.
- 1:32What do you think? What is the next
- 1:34category where somebody could build a
- 1:36billion dollar brand next?
- 1:38>> I do think in the future stress is going
- 1:41to be a very very big thing. So any
- 1:43product that satisfies I think will be
- 1:46very very big. And usually throughout
- 1:48the history, sex, stress, sleep, these
- 1:50are like three biggest markets. No
- 1:52matter what you do,
- 1:53>> that's never going to change, by the
- 1:54way.
- 1:54>> Yeah. What's the most expensive mistake
- 1:58you made during your neuro career?
- 2:01>> With our trademark, a company owned by
- 2:04someone worth $100 million came in and
- 2:07sued us. I I mean, it would have
- 2:09bankrupted our company.
- 2:13>> I have a small favor to ask you. I need
- 2:16you to subscribe to our channel. The
- 2:18more subscribers we have, the better and
- 2:20bigger guests we can bring and provide
- 2:22you more value through these
- 2:24conversations. And the full audio
- 2:26experience of this show is also
- 2:28available on Spotify where you can
- 2:30follow us and listen to the new episodes
- 2:33as well. In 2020, two founders walked
- 2:35onto Shark Tank and rejected a $1
- 2:38million offer. Today, their functional
- 2:41gum company has done $1 135 million in
- 2:44sales and sits in more than 20,000
- 2:47stores across the US. Today's guest is
- 2:51Kent Yoshimura, co-founder and CEO of
- 2:54Neuro. In this episode, we'll discuss
- 2:57what are the three psychological
- 2:59triggers they use to make people buy.
- 3:02How did one of their creators make
- 3:05$150,000
- 3:06in a single month selling gums? How did
- 3:10they build an army of 2500 creators to
- 3:14market and make their products viral all
- 3:17around the internet? How do you get
- 3:19other brands to distribute your product
- 3:21for free? And how did one lawsuit almost
- 3:25shut down Neuro their entire business?
- 3:29Watch this episode till the end. And to
- 3:31know more about Nuro, check the link in
- 3:33the description below.
- 3:38So, let's break it down for every
- 3:39entrepreneur who's watching this cuz you
- 3:41guys are obviously killing it. Everyone
- 3:43at this point, whether you're available
- 3:45in their country or not, people have
- 3:46heard about you, right? If they're
- 3:47online, they've seen some version of
- 3:50this either through ads, through creator
- 3:51armies or like fake
- 3:53>> or fake like some right? Like
- 3:55people have figured out you're
- 3:57>> you're one of the fastest growing D2C
- 3:59brands in the world.
- 4:00>> Mh.
- 4:01>> And you're profitable. That's unheard
- 4:03of. And you're creating a new category
- 4:05which is even more difficult, right?
- 4:07You're not in a category where like, oh,
- 4:09this is energy drink. It's always been
- 4:11there, so here's another one. Like, it's
- 4:13this is some new
- 4:14>> So, you guys are killing it.
- 4:16>> Tell me what's the smartest thing you
- 4:18did in Eurogum which a new founder can
- 4:21copy
- 4:22>> and the world doesn't know about it.
- 4:25>> That the world doesn't know about. I
- 4:26think
- 4:29I think the biggest thing with
- 4:31entrepreneurs sometimes is they go in
- 4:34with so much confidence that they think
- 4:36they know what's right. And I think
- 4:38understanding your weakness is one of
- 4:40the most important things because when
- 4:41you lay out and same with martial arts,
- 4:43right? Like you when you're in a fight,
- 4:45the first round is usually trying to
- 4:47figure out, okay, these are the type of
- 4:49strikes, type of movements that the
- 4:51opponent is doing, and then you adjust
- 4:52effectively to it. for us. If you
- 4:56understand your weakness as an
- 4:58entrepreneur, then you know the right
- 5:00people to hire to make up for it. And so
- 5:02you can't have egos that are involved.
- 5:05And sometimes for a lot of people, like
- 5:07most brands, it's how do I get that
- 5:09initial impact of a brand? So they
- 5:12partner with a celebrity because it's
- 5:13very easy to get that impression base.
- 5:17For some people, it's operational. So
- 5:18they hire in like a president or a COO
- 5:20that could effectively run the business.
- 5:23And you know for us the impact piece
- 5:25wasn't the most important but getting
- 5:28that word out from the impact piece at
- 5:29an operational level was the key thing.
- 5:32So as we started hiring people whether
- 5:35it's finance or ops you know it's easy
- 5:38to break down a company if you're a new
- 5:40budding entrepreneur into like five
- 5:43different sections.
- 5:44>> Yeah. There's ops, sales, finance,
- 5:49um, marketing, and then leadership to
- 5:53tie all those pieces together.
- 5:54Everything you're doing to grow the
- 5:56business should be within all those
- 5:57frameworks and how those frameworks
- 5:59communicate with each other.
- 6:02So that's it. That's it. And it could be
- 6:04one person, it could be I mean,
- 6:06>> so that's what you did. You found out
- 6:08people in the beginning.
- 6:09>> Yeah, we um, you know, I think well,
- 6:11this is a less than 3 four years. And
- 6:14you know, I think fighting is a a solo
- 6:17sport. So I think I grew up like
- 6:18thinking I could do this all by myself
- 6:20with my co-founder, you know, and the
- 6:24reality was when we raised a little bit
- 6:27more money 5 years in and we hired those
- 6:31people into the team and we thought of
- 6:32an organizational framework of like
- 6:34these are the people that are best at
- 6:36their pillars and their departments and
- 6:38they're all communicating with each
- 6:39other
- 6:41like the business took off. H
- 6:44But then when you talk about business
- 6:46taking off, there has to be something
- 6:49which was which would be a like blow up
- 6:51moment. What smart thing did you do
- 6:53there which helped you blew up? Like
- 6:55what worked in your favor?
- 6:57>> So the biggest thing for us, well there
- 6:58were a few big things. So like you know
- 7:00obviously Shark Tank and Joe Rogan I I
- 7:02would say is uh timing meets like right
- 7:06the right decisions and luck and all
- 7:08that stuff I was talking about. Um, Tik
- 7:11Tok when it first came out, there's
- 7:13always an opportunity with new
- 7:16platforms.
- 7:17>> And this is the same with AI and any
- 7:19like literally any business in history.
- 7:22>> There are people who think a little bit
- 7:25differently. There's no laws written
- 7:28like there's no laws with AI right now.
- 7:29There are, but they're not. There's not,
- 7:30right? So, they'll break all the rules
- 7:32as they're building their business,
- 7:33building the business until things catch
- 7:35up to them.
- 7:37I'm not saying we're breaking rules
- 7:40or loss. But with Tik Tok, are you sure?
- 7:45It was on camera with uh
- 7:48>> Tik Tok.
- 7:48>> Tik Tok there was a new platform. There
- 7:53was an entire creator ecosystem. And we
- 7:56used affiliate marketing to a degree in
- 7:58the past, but not at the scale Tik Tok
- 8:01was building it. And it became obvious
- 8:03to us that if we figure out the
- 8:07psychological triggers that get people
- 8:09to buy on a social media platform where
- 8:11they stick on even just for like 2 3
- 8:13seconds that we could capture their
- 8:14attention and then get them to like hear
- 8:18us out. We know we could sell our
- 8:19product. So, every single day, my uh
- 8:23head of growth, who runs our TikTok, who
- 8:27was an Amazon guy before, and I, New
- 8:30Year's resolution, like a few years ago,
- 8:32we're like, let's post every single day
- 8:34on Tik Tok and figure out what hooks
- 8:36work with our products so that we could
- 8:38build the psychological trigger base
- 8:41that we could apply to everything else
- 8:43in the business as marketing. And so we
- 8:46did that immediate like a month later we
- 8:49go viral viral viral viral like it's
- 8:53like back to backtoback videos and we're
- 8:54like okay we figured something out then
- 8:57we got creators of
- 8:58>> this is your own platform
- 9:00>> our own platform well this is on Tik Tok
- 9:02but platform
- 9:03>> like your own channel on the on Tik Tok
- 9:05and you just okay
- 9:07>> and now Tik Tok's massive on Tik Tok
- 9:09massive
- 9:10>> but you know in many ways we built the
- 9:14brand like we built guide for a lot of
- 9:16that stuff. You know, there's
- 9:18>> So, every day, how many posts, how many
- 9:20Tik Toks were you pro promoting or
- 9:22producing?
- 9:23>> So, at our peak, we had 2500 creators. I
- 9:28think we have 2500 creators.
- 9:30>> No, before creators, just you when you
- 9:31were doing
- 9:32>> Oh, like three, four, five like posts.
- 9:34Nothing crazy.
- 9:36>> Okay. So, four posts a day every day for
- 9:3930 days and you were just trying
- 9:40different different kind of hooks,
- 9:42different kind of things. What worked in
- 9:43your favor? Give me top three lessons
- 9:45that anybody can steal right now.
- 9:47>> So there's different psych. So there's I
- 9:50keep using the word psychological
- 9:52triggers, but it is true. Like when you
- 9:54go to someone and it's like the art of
- 9:56selling comes from do you feel left out?
- 9:59Oh my god, everyone else is taking your
- 10:01gum, but I'm not taking it right. There
- 10:03is like um that component of it. There
- 10:06is insecurities. So oh my god, I feel so
- 10:10tired and I don't have the like I
- 10:12stumble over my words. um is there a
- 10:15product out there that could help me
- 10:16have the confidence to be able to get
- 10:17rid of my brain fog so that I could
- 10:20speak better and then there's other
- 10:23psychological triggers like uh this is
- 10:26if I don't have this my I am missing out
- 10:29on some it's similar to FOMO but at a
- 10:33self-improvement level which is all the
- 10:35biohackers
- 10:36>> okay give me tell me more about this I
- 10:38got the left out and then the insecurity
- 10:39and what's this one
- 10:40>> left out the insecurities
- 10:43um like uh it's it's similar to being
- 10:48left out but left being left out is a
- 10:50social construct.
- 10:51>> Yeah.
- 10:52>> Another one is tapping into and this is
- 10:55a combination of probably left out and
- 10:56insecurity but another psychological
- 10:58trigger that we tapped into the
- 11:00biohackers with is I am trying to
- 11:03maximize my day but I am having the
- 11:05inability to do so because something is
- 11:07missing in my life. So how do you fit
- 11:11into that? It's a self-improvement
- 11:13construct.
- 11:14>> Interesting.
- 11:15>> Do you remember any hook from each one
- 11:17of them so that I can get an example?
- 11:19>> Absolutely.
- 11:20>> Yeah. So tell me one example for left
- 11:22out. How do you create
- 11:24a a Tik Tok or a real or a video where
- 11:27you are able to communicate or give
- 11:29people FOMO that hey everyone else is
- 11:31taking and I'm the only one who's who's
- 11:33loser who's not taking it.
- 11:34>> The easiest way to do it if you have
- 11:36good media is get the PR that you need.
- 11:39So, it's like Time magazine's talking
- 11:41about it. Kim Kardashian is posting
- 11:43about it. Joe Rogan is talking about it.
- 11:46You've seen it on Shark Tank, right?
- 11:48There's all this earned media all of a
- 11:50sudden and like and then you show all
- 11:52these people like chewing it like these
- 11:54famous people especially chewing the
- 11:56product and then all of a sudden you're
- 11:57like if famous people are chewing it why
- 12:00am I not
- 12:03you know and that almost plays into the
- 12:06other one on the self-improvement piece.
- 12:08an example of the self-improvement. Have
- 12:10you seen Limitless?
- 12:11>> No.
- 12:11>> The movie?
- 12:12>> No.
- 12:13>> Um, with Bradley Cooper, it was a pill
- 12:15that makes you a genius. So, you take
- 12:18So, the
- 12:18>> I know about it. Yeah. Yeah.
- 12:19>> So, the the hook was just like the
- 12:21Limitless pill is here now.
- 12:24>> Oh,
- 12:24>> the real life limitless pill is here.
- 12:26So, now that's not feeling left out or
- 12:29an insecurity. It's oh my god, I could
- 12:32be limitless, right? So, that's another
- 12:35hook. That's like that something is
- 12:37missing out kind of thing.
- 12:38>> Yeah. Like but for yourself.
- 12:41>> Yeah.
- 12:41>> Not within a social construct.
- 12:43>> Okay. Yes.
- 12:44>> And then that last one, the insecurity
- 12:46is like I mean how you're you're still
- 12:5029 so you probably don't get these ads.
- 12:52I'm 38. I get ads on my Instagram for
- 12:56hair loss, my dick not working,
- 13:00uh like all those things, right? Like
- 13:02marriage counseling. Those are all like
- 13:06small like those are insecurities that
- 13:08people once they get into their older
- 13:09age field. So like I'm the perfect
- 13:12audience. Like I mean I have hair and
- 13:14you know everything everything's fine
- 13:15but
- 13:18but um I'm getting targeted and I'm sure
- 13:20the second you turn 35 you're going to
- 13:22get those ads too.
- 13:23>> Yes.
- 13:23>> Cuz those are insecurities that people
- 13:25have deep down in them that they're like
- 13:27okay I need to be able to fix.
- 13:29>> Right. So,
- 13:30>> so that audience you tapped on with gum
- 13:33>> and the way you tap into it for us is
- 13:35>> like what were you saying like what give
- 13:37me a
- 13:38>> like an example?
- 13:39>> Yeah, give me an example. Give me a
- 13:40sample.
- 13:41>> I'll give you I'll give you two
- 13:43examples. One that's you know reasonable
- 13:45and one that's more on the extreme side.
- 13:47>> Okay. Give me both. So on the reasonable
- 13:50side, uh, for us, it's like if you're
- 13:53going on a date and you don't have the
- 13:56confidence because you're stumbling over
- 13:57your words, you're tired after a full
- 13:58day, anything, this is a product that
- 14:01you could chew right beforehand, and
- 14:03your words will come out like free
- 14:05flowing. Like you'll you'll have the
- 14:07confidence, the energy, and the focus to
- 14:09be able to crush it in that moment
- 14:11before you're going. And you see with
- 14:12India marketing too before going into a
- 14:14meeting or a podcast like this I pop a
- 14:17piece and I'm locked in. I'm ready to go
- 14:20you know. So you're going to crush your
- 14:22job interview. You're going to crush
- 14:23your promotion. You're going to crush
- 14:24your So
- 14:27that's it. That's having that conf. It's
- 14:30it's less so insecurity. It's building
- 14:32that confidence. But that's also
- 14:35expanding into you know there's been
- 14:38evidence around caffeine and elenine
- 14:40like we have science backing on
- 14:42everything that we do. The clinical
- 14:44trials have showed that this helps
- 14:47people with their focus problems. So
- 14:49what's a focus problem that people have?
- 14:51ADD ADHD. And when you're have ADD ADHD
- 14:55and you have dopamine cuz you're doom
- 14:58scrolling all the time and you can't
- 14:59focus. And because you can't focus,
- 15:02other things in your life are suffering
- 15:05and you're struggling to be able to do
- 15:07things. We're a product that could come
- 15:10in and help you fix that.
- 15:12>> So you could anchor that insecurity
- 15:16into anything, right? The the through
- 15:20into everything.
- 15:21>> Interesting. Okay. So this is I I love
- 15:23this by the way. This psychological
- 15:25triggers. So this is what you would do
- 15:26every day. four or five content pieces.
- 15:29You would try out these different
- 15:30things. Either the left out insecurities
- 15:32or something is missing. These three
- 15:34things you would tap on and you would
- 15:36find out the winning ones. So you would
- 15:37go viral again and again again
- 15:39>> and then the creators came in. Right.
- 15:40>> Exactly.
- 15:41>> So what happens with the creator? What
- 15:42was
- 15:42>> you have this
- 15:44>> and you create these hooks that are
- 15:46actually working and make sense. How do
- 15:49you deploy that into an army of people
- 15:52that can now do it times 2500?
- 15:55>> Yeah. You know, so now all of a sudden,
- 15:57like the reason you've probably seen the
- 15:59content is because
- 16:01as one brand, you could only have so
- 16:04much budget and so much creative content
- 16:07to create yourself.
- 16:09If you expand that out into a network of
- 16:12sales people and marketing people that
- 16:15are using these triggers to communicate
- 16:17that out for you, now all of a sudden
- 16:19you're amplifying and multiplying your
- 16:21message by tens of thousands fold to
- 16:25what you're doing. So how are you
- 16:27effectively doing that? You know, in
- 16:29anything that you do, there's different
- 16:31ways to do it. It doesn't have to be
- 16:32creators. Like
- 16:33>> give me step by step. What did you do
- 16:35exactly? I understand that the moment
- 16:37you multiply it by 2500, it's going to
- 16:39go bonkers, right? Because you already
- 16:41have the winning formula that what is
- 16:43working, what's going viral, you're just
- 16:45going to give those as a sample things
- 16:46to your creators and be like, "Hey, use
- 16:48one of these. We know it works. Just go
- 16:50crazy."
- 16:51>> And when it goes viral, you spend ads
- 16:52behind it, right? So, and then it keeps
- 16:55>> Yeah. Yeah. So, that part like just tell
- 16:56me everything. Okay. So, you get you get
- 16:582500 creators at once. How did you
- 17:00design this? Who runs this? Who what was
- 17:03the first step? like I want to know
- 17:05everything. So, our head of growth,
- 17:07Jonathan, um there's different creator
- 17:10networks that you they're all pretty
- 17:12small, but there are different creator
- 17:13networks um and affiliate networks that
- 17:15turned into creator networks. Like, it's
- 17:17not necessarily a new idea, right? You
- 17:19have influencer programs and things like
- 17:21that, but if you incentivize those
- 17:25influencers to be able to make money on
- 17:27every single sale you're doing, but we
- 17:29give you the playbook on how to do it
- 17:31because we know it's going to go viral.
- 17:33Then it's easy to replicate it across
- 17:36the board. So through that process, we
- 17:38were already going viral, so it was easy
- 17:39to get creators in and you have a
- 17:40Discord and all the creators are
- 17:43talking.
- 17:43>> So what did you do? How did you get
- 17:44those creators in and did you pay them
- 17:46up front? Did you ask them to join your
- 17:48affiliate program? Like what was it?
- 17:50>> So if you could create the most
- 17:53effective referral program in the world,
- 17:57how would you do that? And that's our
- 17:58next step.
- 17:59>> Yeah.
- 17:59>> That we're thinking of in the company.
- 18:01>> Okay.
- 18:01>> But let me take a step back. Let's start
- 18:03with
- 18:03>> Yeah. uh and the US market and any
- 18:06social media platform by the way right
- 18:08at the end of the day that where you
- 18:09could track sales
- 18:12>> you could tap into any influencer
- 18:14network or creator network that exists
- 18:16now for us those things didn't really
- 18:18exist so we had to grab people from
- 18:20influencer networks there were already
- 18:22small creator programs so we grabbed
- 18:23from like 10 different creator programs
- 18:24to create our initial army
- 18:28start a channel where they're all
- 18:29talking to each other that you could
- 18:31feed them content from and this is
- 18:33something Funny enough that I learned
- 18:34from the NFT days. Did you ever do NFTs?
- 18:37>> Yeah. Yeah. I lost tons of money in
- 18:39that.
- 18:39>> Yeah. Me, too. Me, too. You and me,
- 18:40brother.
- 18:43>> Big trauma back.
- 18:44>> Remember you were in a Discord?
- 18:45>> Yeah.
- 18:46>> And you're like,
- 18:46>> I'm just waiting for the drop.
- 18:48>> They're waiting for the drop. GM. GM.
- 18:49And then the second a drop happens,
- 18:51everyone's talking about it. Same
- 18:53psychology. How are you creating a
- 18:55community of people that are waiting for
- 18:59the next viral hook or something to drop
- 19:01or the next product or you know you're
- 19:02constantly feeding them content but
- 19:05they're all talking to each other. So
- 19:06now the creator is like hey this worked
- 19:08for me this you're creating a flywheel
- 19:11within its own community of creators
- 19:14that is figuring out it's almost like
- 19:16machine learning. They're figuring out
- 19:18on their own what hooks are working and
- 19:20what's not. You just have to feed them
- 19:22the right content to be able to do so.
- 19:24For us, we had Joe Rogan talking about
- 19:27us already, Shark Tank, Kim Kardashian
- 19:30posting. Now, we have all these things
- 19:32from before, the first 5 years that we
- 19:34fed into this platform. And if you're a
- 19:36new budding entrepreneur, you don't need
- 19:38those things, but you have the
- 19:39psychological triggers. If you have the
- 19:41initial seed of virality that you can
- 19:44feed into people and you know it works
- 19:46cuz you test it yourself,
- 19:49have them try it and have them blast it
- 19:51out and if it works, you put ads behind
- 19:53it because you know that that hook that
- 19:55whatever creator did is working. Now
- 19:58that creator goes and it's like, "Hey
- 19:59guys, I just made $100,000 off this one
- 20:02video. You guys should try a variation
- 20:04of this video." All these people are
- 20:07creating variations. Sometimes they're a
- 20:08little bit different and then that
- 20:10little bit different starts working
- 20:11also. So now they take that little bit
- 20:13different thing and the next creator
- 20:15starts building off that and the next
- 20:16builder. Do you see how it starts all
- 20:18linking together,
- 20:19>> right? And then the biggest,
- 20:23you know, the biggest thing you have to
- 20:24do now as a person that runs that
- 20:27affiliate channel is how do you
- 20:29consistently keep them motivated? So now
- 20:31we have incentive programs. Do you have
- 20:33a chance to win an iPad if you hit this
- 20:35GMV gross merchandise value? you could
- 20:38uh win a trip to Miami with all the
- 20:40other creators. Like we would set up
- 20:41parties. We would rent a house and set
- 20:43up parties where like hundred of the top
- 20:45creators all get to hang out with each
- 20:47other and everything is paid for. You
- 20:48know, now it turns into this community
- 20:51of people that are talking. They love
- 20:53your product. They're angant to your
- 20:54product and they're selling selling
- 20:56selling and they're making money off
- 20:57you. It's like a self-replicating
- 21:01platform.
- 21:02>> Intent. You don't need to do that at
- 21:032500 creators, but you could do it in
- 21:05your own backyard with your own
- 21:07community, in your own village, your own
- 21:09city, your own town, whatever it is.
- 21:13How can you get 10 people to love your
- 21:16product and those 10 people are at least
- 21:18creating enough content and telling
- 21:19enough people that they're referring
- 21:21that product more and more and more?
- 21:25Virality comes from the word viral. In
- 21:27the same way, how do you allow a message
- 21:29to spread effectively?
- 21:31>> Nice. Nice. What did you do exactly? So
- 21:34you were in Tik Tok. Yep.
- 21:36>> And then how did you get these creators?
- 21:38Did you DM them? Did you
- 21:40>> like build a community? What was what
- 21:42exactly did you do? You and your head of
- 21:44growth.
- 21:44>> So Tik Tok or Tik Tok shop already had a
- 21:48creator sampling program that a lot of
- 21:50people weren't using. So the first bit
- 21:53was and it's a little bit different now.
- 21:56So I'll I'll frame it in two ways. When
- 21:58we first started, we were sampling out
- 22:00to the creators that existed into our
- 22:02platform. And then once they got the
- 22:04samples and we were communicating with
- 22:06them, we brought them into our own
- 22:08communication platform, our own Discord,
- 22:10so we could control the narrative on
- 22:11things. And then those creators, if they
- 22:15were, it goes from like L1 to L7, like
- 22:17different levels, right?
- 22:18>> How many were them? How many did you get
- 22:20them on your Discord?
- 22:21>> I mean, at the beginning, it was only
- 22:22like 100 or like 200. It's not that
- 22:24many.
- 22:24>> And how many levels were there in 200
- 22:26creators? So level one to level seven
- 22:28and level seven you get the highest
- 22:30commission but everything in life I
- 22:32would say is about incentives. How are
- 22:35you incentivizing people effectively?
- 22:37Right?
- 22:38>> So give me level seven levels of your
- 22:40commission.
- 22:41>> So really like level one to level three
- 22:44I would say well I'll just give you
- 22:45three layers of of commissions because
- 22:47it gets a little bit more nuanced.
- 22:50>> Level one you create videos for us and
- 22:52you'll get 10% commission you know on
- 22:54sales you make. But how do you know that
- 22:56the sales coming directly from that
- 22:59link?
- 22:59>> Because it's associated on Tik Tok at
- 23:01least is associated with their product
- 23:03card.
- 23:04>> Okay.
- 23:04>> And their creator profile.
- 23:07>> Uh Meta has the same thing. Meta has
- 23:10like creator uh performance channels.
- 23:12Now, if you're doing referrals, you have
- 23:14like referral links, you know. So,
- 23:16there's a product card that people could
- 23:17click into and if they make a sale, they
- 23:19make 10% off that sale. If they hit a
- 23:21certain GMV, let's say they do $500 in
- 23:23sale, we'll give them a bonus and then
- 23:26they can move up to level two.
- 23:28>> At level two, now you're operating on a
- 23:30retainer. We'll pay you $500 a month and
- 23:33then we'll give you 12% commission. So
- 23:36now you're motivated as a level one
- 23:38creator to be like, all I need to do is
- 23:40hit $500 in GMV. I'm going to make as
- 23:43much videos as possible that work until
- 23:45I hit that GMV value. Level two, now you
- 23:48have to hit $25,000 in GMV, but you're
- 23:51getting paid at least $500, so you're
- 23:53motivated. But if you don't hit that GMV
- 23:55within a certain time frame, you drop
- 23:57back down to level one. So now it's a
- 23:59game. And then level three, we're paying
- 24:01you.
- 24:01>> And in in $500, how many videos do they
- 24:04have to pro put out? So typic in the
- 24:08past it wasn't like we we didn't have
- 24:11any goals like because people were so
- 24:12incentivized but now we have like you
- 24:14have to at least create four videos per
- 24:16week minimum. They have to be different
- 24:18hooks and um you have to make at least
- 24:21this GMV.
- 24:22>> Okay.
- 24:22>> Yeah. Uh that's how it is now.
- 24:24>> And what's the GMV now?
- 24:26>> So
- 24:26>> in level two and level one as well.
- 24:28>> So level one let's say $500. This could
- 24:30be different for different products by
- 24:32the way but for us it was pretty low. It
- 24:34was like $500 to get to level two.
- 24:37>> Okay. $500 per month.
- 24:39>> Per month.
- 24:40>> Okay. That's
- 24:40>> Oh, no. Not even not even per month. It
- 24:42was like hitting the $500 mark threshold
- 24:44like when you're selling our product.
- 24:45>> Okay. From from beginning till the time
- 24:47like the moment you hit Oh, interesting.
- 24:50>> And then and then now it's time based
- 24:52once you start getting to higher levels
- 24:53by the way.
- 24:54>> Okay. So then in level two you have to
- 24:57continue to keep making how much for you
- 24:59to get like $500 a month. between level
- 25:01one, level two, level three, there's
- 25:03basically a breakout that's similar to
- 25:05like $500 or like $2,000 or like
- 25:08whatever that GV is, right? But it's
- 25:10similar commission level,
- 25:11>> but you get a little bit more perks as
- 25:14you go up.
- 25:14>> Okay. And what's in level three? So in
- 25:16level two, you get $500 and 12%
- 25:18commission.
- 25:19>> Uh yeah, so 12 15 I say these numbers
- 25:22for myself, but it could be anything
- 25:24depending on what your margins are. So
- 25:27level the psychology is what matters
- 25:29right with the creators level four to
- 25:32level five like level three level four
- 25:34level five like whatever that second
- 25:36tier is now they get a retainer so
- 25:39they're motivated because they get paid
- 25:42no matter what.
- 25:43>> But then on top of the payment they have
- 25:46a higher commission rate. So from
- 25:48whatever 5% 10% 10% now you're going to
- 25:5215%. You're making more money and you're
- 25:54getting paid. So now you're motivated to
- 25:56be like, "Dude, this is like a real job
- 25:58and I get paid even more."
- 25:59>> Yeah.
- 26:00>> Level three, we're paying you $3,000 a
- 26:03month. That's a real job.
- 26:06>> That's what it was. That's crazy.
- 26:08>> You have to make these number of videos,
- 26:09but if you don't hit your goals within a
- 26:10month, that's when time comes into play
- 26:12cuz we're paying you, but if you don't
- 26:14hit these goals within a month or a
- 26:15quarter, like in the first 3 months, you
- 26:18drop back down.
- 26:19>> And then if you're not hitting those
- 26:19goals, you drop back down again.
- 26:21>> So there's two layers that are tugging
- 26:22at you. It's like I have a fear of
- 26:25losing my position in the rankings.
- 26:28Also, you start becoming like a
- 26:30celebrity. By the way, like in the
- 26:32creator community, you can imagine if
- 26:33you're a level seven.
- 26:34>> Yeah, right.
- 26:34>> Yeah.
- 26:35>> I'm making all this like our top
- 26:37creators made made like $150,000 in a
- 26:40month.
- 26:40>> No way.
- 26:42>> That's been easy. Yeah.
- 26:44>> He was making
- 26:45>> That's like a tech guy's job in one
- 26:47month. That's a CEO salary.
- 26:51So he's a celebrity obviously, right?
- 26:53And in the creator community he's like,
- 26:54"Oh, Espanzie, like that's the guy that
- 26:56made that's making all this money on
- 26:57Neurogum, which is very helpful to us
- 27:00now." He was like, "I can make that much
- 27:02money selling Neurogum. Like we're going
- 27:03to join Neurogum even as like a level
- 27:05one person cuz I can work my way up."
- 27:07>> So
- 27:08>> to reframe it again, how are you
- 27:11creating enough incentive structures
- 27:13with your margin structure, your
- 27:14finances, everything? And again, the
- 27:16commission, if you're selling a $300
- 27:18product, you're not giving 10%
- 27:20commission. you're giving 5% commission,
- 27:22right? We're selling a $30 product, so
- 27:25whatever it is, right? But
- 27:27>> but you can sell way more of our product
- 27:29than a $300 product.
- 27:32Same way, how are you building the right
- 27:34incentive structure from level one who
- 27:36sees the level seven people making all
- 27:38this money? And it's like, oh, I just
- 27:40need to keep making videos, keep making
- 27:41videos until I hit $500 GMV. Now I move
- 27:44up a level. Now I'm getting paid. I keep
- 27:47making more level seven. And then the
- 27:49level seven people want to stay on top.
- 27:51>> Yeah. So that's cutthroat competition.
- 27:53Once you get level seven, what's the
- 27:55drop off? I don't I don't think there'll
- 27:57be like a big drop off.
- 27:59>> Uh you know, they need to keep making
- 28:01the videos and you keep making the
- 28:02hooks, but you keep the creators on
- 28:06because there needs to there's still a
- 28:07GMV amount that they need to make. It's
- 28:09just much much higher.
- 28:10>> Yeah.
- 28:11>> So if you're not making, you know, I
- 28:13think for us now it's like $10,000 GMV.
- 28:15It's still not that crazy, but if you're
- 28:17not making a certain GMV amount, you
- 28:19drop down
- 28:20>> a level. So, you're constantly fighting
- 28:22for positions. But in that same vein, if
- 28:25you're a level five to level seven
- 28:26creator, we're inviting you to that
- 28:28house in Miami. You know, we're giving
- 28:30you like cool gifts. You're giving you
- 28:33bonuses on top of like GMV goals you hit
- 28:35in specific time periods. Like, there's
- 28:38different ways that like we have like a
- 28:41Christmas launcher for example. So from
- 28:44uh this time period to this time period
- 28:46for Black Friday, if you hit this GMV
- 28:49goal, we give you an extra thousand
- 28:50dollars.
- 28:52>> So how you creating the right incentives
- 28:55as you scale to make sure people are
- 28:58creating product training videos for
- 28:59you.
- 29:00>> So how do you incentivize energy drinks?
- 29:02Because that's I would assume it's not
- 29:03like a D2C product. It's more like a
- 29:06retail product. Those are all the
- 29:07retainer creators
- 29:09because it's going into retail, but they
- 29:12have incentive structures in the back.
- 29:14So, similar to us cuz we're now more and
- 29:15more in retail.
- 29:16>> Mhm.
- 29:17>> What are the incentive structures and
- 29:19pushes to push people into Walmart or
- 29:21Costco or CVS or Whole Foods, wherever
- 29:24it is, right?
- 29:26It's still the same psychology and still
- 29:28the same foundation, but you are still
- 29:30paying these creators an L7 creator or
- 29:33whatever it is to talk about your
- 29:36product. And one new thing we're doing
- 29:38right now, if you find a top product,
- 29:42try to see if you can just get your
- 29:43product alongside that top product. If
- 29:45someone's talking about Bloom, sample
- 29:48Neurogum to them also, so that Neurogum
- 29:50just shows up in their video as well.
- 29:53You know, it's cuz it's probably similar
- 29:55audiences.
- 29:56>> Yeah.
- 29:57>> But they're getting the attention
- 29:58already. We have this great partnership
- 30:00with a company called Carpet. They uh do
- 30:02deodorants. They do $100 million just at
- 30:06Target.
- 30:07They realized having Neurogum in their
- 30:09ads as like a free offer brought their
- 30:13return on ad spend u well increased
- 30:16their return on ad spend significantly.
- 30:19So they've spent over $2 million on this
- 30:22ad that has Neurogum in it.
- 30:24>> So we just get all the benefits for them
- 30:27advertising our product because it
- 30:29benefited them.
- 30:30>> So Tik Tok is becoming interesting. Like
- 30:33all these channels are becoming so
- 30:34interesting where you could tap into
- 30:36other people. You just have to find the
- 30:38right places where you could get the
- 30:39right number of impressions to the right
- 30:41audience.
- 30:41>> This is super interesting. This I've
- 30:43never heard the partnership model.
- 30:45Explain. Tell me more about if somebody
- 30:46wants to tap on this. uh what do you do
- 30:49like you go to the to the brands which
- 30:51already super successful or like killing
- 30:53it or crushing it and how do you partner
- 30:55synergize and what's in it for them to
- 30:57put you on the shelf because you're a
- 30:59successful brand I'm talking about let's
- 31:00say I'm starting this new brand and then
- 31:03there is no incentive for me or there is
- 31:06no incentive for you to come partner
- 31:08with me right
- 31:09>> right so how do I convince you to put my
- 31:11products in your videos what's how do I
- 31:13explore partnerships
- 31:14>> I mean you have to start somewhere so a
- 31:16lot of you know when we're talking about
- 31:17how do you kick off a company, you get
- 31:19the awareness. So, K2O
- 31:22um the
- 31:24chief revenue officer at Mary Ruth,
- 31:27which was a top product.
- 31:28>> Mhm.
- 31:29>> Um great guy, left and start KTO with uh
- 31:34Kylie Kylie Jenner.
- 31:36>> Um
- 31:38Jay Hunter. Uh started with Kylie
- 31:40Jenner. That was his initial catalyst to
- 31:42get a really hard launch to be able to
- 31:45get other creators involved with him.
- 31:49>> Right? So what is that catalyst moment?
- 31:51Like if you're launching a product
- 31:54everything like a rocket needs fuel to
- 31:57launch off, you know, like a rocket
- 31:59that's sitting on the ground is useless.
- 32:00You still need to find that effective
- 32:03thing to get it going. And then in that
- 32:06moment where you're like launch is the
- 32:08most exciting part, you're taking off.
- 32:12You go find other brands. If that's your
- 32:14model, you go find other brands to
- 32:15partner with and start sampling to. You
- 32:18start looking at creators and you start
- 32:20creating like a really
- 32:22appetizing incentive program to get them
- 32:25involved. You have to find like the
- 32:27right moment. So like uh for us for
- 32:30example like three examples of big
- 32:32moments as a brand our size and then
- 32:34I'll go and talk about a new brand.
- 32:38We went back on Shark Tank twice, right?
- 32:40So we were the only brand in Shark Tank
- 32:42history to not get a deal the first time
- 32:43and go back on Shark Tank again. We knew
- 32:45that that was a really big moment. So we
- 32:47got all of our creators being like we're
- 32:50going back on Shark Tank. Now all of our
- 32:52creators are like what? Oo, this is a
- 32:53big moment. Everyone's going to be
- 32:54hearing about us. They tapped in. We
- 32:57built a campaign and pushed the product
- 32:59out then.
- 33:00>> So that's a big moment.
- 33:01>> Um
- 33:03we knew we're launching this new product
- 33:05sour.
- 33:05>> Yeah.
- 33:06>> So you know a few weeks ago I went in
- 33:08and spoke to like 500 creators or
- 33:10something being like we're launching
- 33:12sour. This is what the launch plan is.
- 33:14We're doing all these activations and
- 33:16we're giving incentives for the first
- 33:17week to push where you get an extra x
- 33:19amount of dollars if you push the sour
- 33:21product and you make sales. Now
- 33:23everyone's excited. That's part of like
- 33:25a launch strategy. So people get
- 33:28involved and jump right in and they go
- 33:30really really hard. And then again, how
- 33:32do you take that leverage? And then I
- 33:34guess for like a third thing,
- 33:37if you're entering into a retail store,
- 33:39we were entering into Costco. That was a
- 33:40really big thing. Costco is like the
- 33:42biggest retail, one of the biggest
- 33:43retailers in the world. How are we
- 33:45building incentive structures? We're
- 33:47paying people now, not even just
- 33:48retailers. If you talk about Costco in
- 33:51your video and you get a certain amount
- 33:52of views, we'll give you an extra $100.
- 33:55So now everyone's like, they're going to
- 33:58Costco, get an extra $100. Yeah. Well,
- 33:59of course.
- 34:00>> That is retainer plus the extra cost
- 34:02because that you can't track through
- 34:04affiliate links, right?
- 34:05>> Yeah. Exactly.
- 34:06>> Yeah. So they're not going to get
- 34:07commission, but they're going to they're
- 34:08on your retainer, so they're a
- 34:09community, so they'll do it.
- 34:10>> Exactly. And for us, it's like we were
- 34:13going to pay that amount for marketing
- 34:14anyways. These people talk about it. And
- 34:17depending on the level of creator you
- 34:18are, you know, or like a influencer you
- 34:21are, you obviously get more money or not
- 34:23like based on your reach.
- 34:25>> So for a new brand, what is that? You
- 34:29can't expect to make the greatest
- 34:31product in the world and think
- 34:34everyone's going to love it and know
- 34:36about it and learn about it right off
- 34:37the bat. You have to create some
- 34:39catalyst for people to know about your
- 34:42product. So, some of the more creative
- 34:45things I've seen with launch plans,
- 34:48obviously there's the celebrity launch
- 34:50plan. K2O did a great job um by getting
- 34:53Kylie Jenner obviously involved.
- 34:57>> I've seen other brands that would do a
- 34:59big launch at something like a CES like
- 35:03David Protein. Do you know David? Peter.
- 35:06Yeah.
- 35:06>> Yeah. So, his co-founder is an investor
- 35:08in us. Uh Jared at RX Bar, but um and
- 35:11they crushed it in the bar space, right?
- 35:13>> They killed it.
- 35:14>> Expo West.
- 35:17Genius, right? They didn't exhibit at
- 35:19Expo West because they were too small,
- 35:21but they rented a truck, like a massive
- 35:24like semi whatever. You know, one of
- 35:26those big trucks that had like a jacked
- 35:29cow on the side of it and all it did was
- 35:32just drive around the biggest CPG
- 35:35convention. It just drove around over
- 35:37and everyone was talking about it
- 35:39because they were just like what the
- 35:41what is that?
- 35:43>> And that is your community. You're not
- 35:45even there. So people are looking for
- 35:47you too cuz it's like oh what is that
- 35:48David Pro? They realize you're not even
- 35:51there so they go out and find you
- 35:52somewhere else. Genius. Genius. Genius.
- 35:56This is in Wow. I didn't know this. It's
- 35:57a freaking billboard that they're
- 35:59driving around to their community. All
- 36:00all the retailers are there talking
- 36:02about their new protein bar and then
- 36:05like they didn't even have to pay
- 36:07$50,000 for a booth. They took that
- 36:09$50,000 and they're like we're going to
- 36:10put advertising on the side of a truck
- 36:12instead that's just driving around for 3
- 36:14days straight.
- 36:15>> Nice. And this would be as like dirt
- 36:17price.
- 36:18>> Yeah. It's like it would have been the
- 36:21same price to get less impact.
- 36:22>> Yeah.
- 36:23>> And now they're doing this and then now
- 36:25obviously everyone's like, "Holy
- 36:27that's genius. I'm going to write about
- 36:29it." No, all these news articles are
- 36:30being written about it. People are
- 36:32talking about it.
- 36:33>> So what is that? Like whatever you're
- 36:35creating,
- 36:36>> you have to just be creative and think
- 36:38what is that thing that's different. You
- 36:40>> think differently, you know, Steve,
- 36:42think differently. How are you standing
- 36:44out
- 36:46>> outside the crowd?
- 36:47>> Do you want to do this with me? Think on
- 36:48the fly.
- 36:49>> Yeah, sure.
- 36:49>> Like, okay, like let's do let's do an
- 36:51experiment. So let's say if there's a
- 36:52new brand who's starting out, what can
- 36:54be this this genius random idea?
- 36:57>> Give me the brand. Give me a brand. Give
- 36:58me a product.
- 36:59>> Um, let's say everybody's starting
- 37:01supplement brands. Let's pick up
- 37:03supplement brand because that's like the
- 37:04tough category to get or coffee brand.
- 37:06You pick up which one.
- 37:08>> Okay, let's do supplement brand cuz
- 37:09everyone's doing supplements.
- 37:10>> Yeah.
- 37:10>> And what is it? What format is it? Is it
- 37:12a pill? Is it a liposomaal? Like what's
- 37:14the
- 37:14>> let's say it's a it's a magnesium
- 37:17supplement for better sleep.
- 37:18>> Magnesium supplement for better sleep.
- 37:20>> Yeah.
- 37:21>> So, one thing I actually saw and this is
- 37:23not a new idea, but maybe we could come
- 37:24up with some creative idea. Do you know
- 37:26what the bedrot challenge is?
- 37:28>> Bedrot?
- 37:29>> Yeah.
- 37:30>> No.
- 37:30>> So, it's how long you could just sleep
- 37:32in bed for? So, it's like a Mr. Beast
- 37:35style challenge that this company did. I
- 37:38forgot what the company was, but it was
- 37:40a challenge that they brought in like a
- 37:42hundred creators and the person that
- 37:45sleeps in bed the longest
- 37:48wins like $100,000,
- 37:52which is the most Mr. Beast thing, by
- 37:54the way. It's like sleep for as long as
- 37:56possible and win $100,000. But it's on
- 37:59Tik Tok live 24/7 the entire time and
- 38:04then on Twitch and all these other live
- 38:06streaming channels and YouTube and stuff
- 38:07too. So people would tune in to see what
- 38:12if people are sleeping or not. It's
- 38:15crazy. But it's a it's for this product
- 38:18that's all about how long can you sleep
- 38:20good sleep. I was like damn that is
- 38:23genius. Because all they did was just
- 38:25set up a room with like a bunch of beds
- 38:26and it's just people sleeping and people
- 38:28are
- 38:29>> and whoever gets up just gets
- 38:30eliminated.
- 38:31>> Yeah. If they need to go to the bathroom
- 38:32and get up, they're done.
- 38:34>> And even if they get up like can are
- 38:36they allowed to be just be awake and be
- 38:38on the bed.
- 38:39>> Yeah. Yeah.
- 38:40>> That is allowed.
- 38:40>> That's allowed.
- 38:41>> Okay.
- 38:41>> But there but then you can't be on your
- 38:43phone. You can't like So you start going
- 38:44crazy, right?
- 38:46>> So now there's a leaderboard of people,
- 38:48right? And it's like this person got
- 38:50eliminated and then maybe there's like
- 38:52alarms and stuff going off. I forgot
- 38:53what it was. Like every time someone got
- 38:55eliminated, there was like a big thing.
- 38:57So people are now tuning in to this
- 38:59thing about your product to see who's
- 39:01getting eliminated
- 39:04challenge.
- 39:04>> That's a good idea. That that can be
- 39:06like a
- 39:06>> It's hilarious.
- 39:08>> Yeah, it it is fun.
- 39:09>> It's like the new uh the grocery shop
- 39:11video, you know, and I went to visit the
- 39:13grocery store um when I was with Jimmy
- 39:15in North Carolina.
- 39:17Dude, he set up this entire grocery
- 39:20store and it was like last like it was
- 39:23something like you eat the entire
- 39:25grocery store and then you get to leave.
- 39:26Yeah. And you win this money. I mean
- 39:29like those people weren't getting paid
- 39:31to be there every single day. They got
- 39:34paid after they won the challenge and
- 39:36they left. And of course it's Jimmy so
- 39:38he made it interesting the whole way
- 39:40through and they gave them incentives
- 39:41and things like that for the video. But
- 39:43anyone can do that. M nice.
- 39:46>> It could even be yourself, you know.
- 39:48It's like
- 39:48>> Do you think that if somebody does
- 39:50something like this, they would
- 39:52automatically be considered as not
- 39:54serious brand?
- 39:57>> Because that's someone who wants to
- 39:59associate themselves with sleep and
- 40:01wants to be serious, wants to be seen as
- 40:03this guy or this brand which is like
- 40:06optimize your sleep, get better sleep,
- 40:08declutter your mind, whatever, whatever,
- 40:09whatever. And then I do this funny Mr. B
- 40:12style video. Will it dilute my brand
- 40:16preposition and not be a and will I not
- 40:19be able to target the right kind of
- 40:20audience who I want to reach?
- 40:22>> It I mean obviously it depends on your
- 40:23audience but is feastable not a real
- 40:25brand because Mr. beast is advertising
- 40:28it. You know, like obviously he has
- 40:30other videos that are talking about the
- 40:31child labor and everything.
- 40:35Everything is a funnel, right? People
- 40:36have heard about the funnel in business.
- 40:39The first layer has to be the awareness,
- 40:43the hook. How are you getting people in?
- 40:45And of course, with something like this,
- 40:47yeah, it might be gimmicky, but you're
- 40:49getting an awareness. There could be
- 40:50something a little bit more serious.
- 40:51Like other ways people do it is like
- 40:53Andrew Hooverman, who you've had on your
- 40:55podcast.
- 40:56people respect him. He's a doctor that
- 40:59of opthalmology, you know, whatever it
- 41:02is at Stanford and has all these
- 41:03different people.
- 41:05>> Lament, the drink uh the stick pack
- 41:08brand
- 41:10>> got their start because they tapped into
- 41:12Andrew Hooverman's audience and then it
- 41:15built like a ser so that was the
- 41:16awareness. They got a doctor that they
- 41:18last
- 41:19>> but it's expensive now, right?
- 41:22>> Dude, do you know what's not expensive
- 41:23that we do? dentists. So, we work with a
- 41:27company called PDS. They're the largest
- 41:29dental clinic in the United States and
- 41:31we're like, you know what's really good
- 41:33for your teeth? Gum with xylitol, no
- 41:36sugar.
- 41:36>> But are they allowed to promote?
- 41:37>> Yeah. We're in every single one of you
- 41:40know how you get a little gift bag after
- 41:42you with a toothbrush and all that like
- 41:44boring stuff. They're like, we want to
- 41:45make this more fun.
- 41:47We did a partnership with PDS and now
- 41:50every single person that leaves their
- 41:52dental clinic if they drink coffee gets
- 41:54neurogum instead. It's like oh coffee
- 41:56stains your teeth.
- 41:58You want energy you should chew this.
- 42:01>> So is there
- 42:03all that cost was the cost of our
- 42:05product.
- 42:08>> You give them to for free and then they
- 42:10just distribute it
- 42:11>> and that's awareness also.
- 42:12>> Yeah.
- 42:12>> Right. So there you could obviously pay
- 42:16someone like a Hoover man and obviously
- 42:18you could pay with equity and stuff too
- 42:19if you're a startup but um you could pay
- 42:24an influencer that is very expensive or
- 42:27you could tap into networks that are
- 42:29traditional like dentists aren't getting
- 42:31paid influencer
- 42:34but you could tap into networks like
- 42:36that also. There's always an
- 42:37opportunity. So let's go back to your
- 42:39magnesium sleep thing. You know what? If
- 42:42like
- 42:44I mean there's a bunch of mattress
- 42:45companies out there. What if you like
- 42:48partner with a mattress company and be
- 42:49like, "Hey, we're giving you this
- 42:52product for free." And we actually did
- 42:53this with a pillow company with our
- 42:54sleep product where it was every single
- 42:57person that buys a pillow gets a free
- 42:59neurosleep.
- 43:01And so they're going to go to sleep
- 43:03anyways. They see this product that
- 43:04helps them with sleep. It's obvious.
- 43:07>> There's so many ways you can skin it.
- 43:10And you got to be creative and if you're
- 43:12not dude delivery service is huge in
- 43:15India right imagine I don't know if they
- 43:18talk to each other but that is a job
- 43:20where you have to constantly be on the
- 43:22go and you know the wages on that are
- 43:24not like these guys are getting paid
- 43:26$150,000 a month
- 43:28>> but those are people that are
- 43:29interacting with other people every
- 43:31single day.
- 43:32>> Yeah. I was, you know, I had this idea
- 43:35like that I was hinting at earlier, but
- 43:37what if there is a referral program
- 43:39built into this driver community where
- 43:43you give them somehow like there's
- 43:45probably hubs where like all them are
- 43:47hanging out waiting for their next order
- 43:48to come in. Like I see it here like you
- 43:50know you see these lines of cars waiting
- 43:52to pick up food. What if you go and
- 43:54sample Neurogum to every single one of
- 43:56those people and you're like, "Hey,
- 43:59go sample like 25 of these. I'll give
- 44:01you 100 bucks for the next 25 orders.
- 44:05Next 25 coffee orders, give them
- 44:08Neurogum instead. Now that community
- 44:11gets an alternative,
- 44:12>> it's not allowed that the brands that
- 44:15they work with, they don't allow them to
- 44:17do it.
- 44:17>> They don't.
- 44:18>> Yeah, they don't.
- 44:19>> That's That's why it was an idea. That's
- 44:20a good idea. I didn't look into it. I
- 44:22didn't look into it.
- 44:22>> That's a good idea
- 44:23>> cuz I was just like, damn. Like you
- 44:25could tap into them. They're interacting
- 44:27with you know exactly what they're
- 44:29ordering. If they're ordering a coffee
- 44:30or if it's night time and they're can't
- 44:32sleep, it's like dude.
- 44:33>> Oh, sleep.
- 44:34>> Oh my god. Perfect. What about if you
- 44:36give them your product? It's like, hey,
- 44:37by the way, this is free with your
- 44:39delivery.
- 44:40>> Yeah.
- 44:40>> Damn.
- 44:41>> That you can't do. You can do that with
- 44:43delivery platforms as an advertising
- 44:45tool, but that's expensive.
- 44:46>> Yeah, but you know, you can break the
- 44:48rules a little bit.
- 44:49>> I mean,
- 44:50>> yeah,
- 44:51>> you're allowed. Everyone's allowed to
- 44:52break the rules.
- 44:53>> Everyone's allowed until you get caught.
- 44:54Until you get caught. And there's no
- 44:56home.
- 44:56>> Yeah. Yeah. But usually the first time
- 44:57you get caught is just a slap on the
- 44:59wrist. Yeah.
- 45:00>> So some different ideas. I was like, "Oh
- 45:02man, like how do you just tap into these
- 45:05spaces?"
- 45:06>> Yeah. Have you heard I don't know who
- 45:08who was this entrepreneur in US. I saw
- 45:10this clip like years ago. I think this
- 45:11is 2020 or something. The Shark Tank
- 45:14person and that guy said like
- 45:18if in the beginning you're breaking some
- 45:20rules which is not which is not harming
- 45:22people but harming other big giant
- 45:24businesses, it's okay.
- 45:25>> Yeah.
- 45:27I was like I was like
- 45:28>> I think everyone agrees with that
- 45:30>> publicly but it's okay
- 45:32>> everyone agrees with that
- 45:36>> true
- 45:37>> like legally it's the wrong thing to do
- 45:39but
- 45:40>> you have to break rules you have to
- 45:41break rules like that's not not again
- 45:45don't hurt people
- 45:46>> as long as you're not harming people but
- 45:48harming a large joint to take out like
- 45:50just a percentage of their business I
- 45:52think that should be
- 45:53>> even what David did that was like He
- 45:56broke the rule.
- 45:57>> What did he do?
- 45:58>> Well, the rule he broke by driving a
- 45:59truck around this convention is he
- 46:01didn't pay for the convention,
- 46:04>> but he still advertised at it. It's so
- 46:06funny.
- 46:07>> True. True. Okay. You know, two things
- 46:10you said on the on the whole creator
- 46:12influencer kind of thing. Do you get
- 46:14these influencers who are already
- 46:16established and big or do you find these
- 46:18new creators to do it? What do you do?
- 46:21So what's really interesting is micro
- 46:22influencers I think are more and more
- 46:25popular now. Yeah. Because so if you
- 46:27asked me this question five years ago it
- 46:29would have been a different answer. Five
- 46:30years ago you get a really big
- 46:31influencer like a Kim Kardashian and
- 46:33everyone wants to be like Kim Kardashian
- 46:35so they like tap they Yeah. The queen
- 46:38bee factor. Exactly.
- 46:40>> Now the trust of big influencers have
- 46:43diminished significantly because of
- 46:45brand deals but and also the rise of Tik
- 46:47Tok and creators.
- 46:49If you get a creator that has not even a
- 46:53creator, if you get someone that has
- 46:54like, let's say, a thousand followers,
- 46:56that person with a thousand followers,
- 46:58all thousand followers
- 47:00probably knows this person really,
- 47:03really well and vice versa. So, if
- 47:05they're talking about a product in a
- 47:07genuine way, the chances of you getting
- 47:10a higher conversion rate on a,000
- 47:12followers versus a very low conversion
- 47:14rate, even if they have 10,000
- 47:15followers, for the price is much more
- 47:19effective.
- 47:19>> Yeah.
- 47:20>> You pay someone that has, let's say,
- 47:21100,000 followers and has a 0.1%
- 47:25conversion rate, but you pay them
- 47:26$100,000, right?
- 47:29You just paid that person with a
- 47:31thousand followers probably like a 250
- 47:34bucks and now they get you have half
- 47:36their follow 500 followers like
- 47:38following your product
- 47:41at economy of scale that's so much more
- 47:43impactful and they like one of the
- 47:45quotes we use in our company is make
- 47:47your backyard look pretty before you
- 47:48take on make the world look pretty. How
- 47:51do you make that backyard for that
- 47:52audience look pretty in these different
- 47:54areas before making the world trying to
- 47:57take over the world in one big fellow
- 47:59swoop?
- 48:00>> Interesting. So you would say like only
- 48:01do the small ones.
- 48:04>> I think it's becoming much more
- 48:05costefficient and more effective.
- 48:07>> And when you when you say small ones, do
- 48:10you say under 5,000, under,000, under
- 48:1310,000 or just complete new people who
- 48:16maybe potentially can become the whole
- 48:18creator from scratch for your brand?
- 48:20because I've seen three brands do that.
- 48:22>> It could be I think it could be
- 48:23anything. I mean, yeah, I I I it's worth
- 48:26sometimes investing into people, you
- 48:29know, and you know, I think Element got
- 48:32pretty lucky with Andrew Hooverman,
- 48:34frankly, because precoid Andrew was
- 48:37making these podcasts, but he wasn't
- 48:40like big like he he became big in the
- 48:42last 5 years, right? And so for Element
- 48:46to be tapped into a early creator that
- 48:48fit their vision and their values which
- 48:49is as a company that's the most
- 48:52important thing. What is your vision and
- 48:53your values that you lay out? Then you
- 48:56know even if they're small who to reach
- 48:58out to and be like this person shares my
- 49:02visions and values the people that
- 49:04listen to him probably do too. So
- 49:07there's a direct connection down the
- 49:09line and then you can invest it into a
- 49:10creator whatever whoever it is a podcast
- 49:12creator what that will grow with you and
- 49:15then obviously find success together. On
- 49:19the flip side if there are smaller
- 49:22creators that you are tapping into let's
- 49:25go with your sleep example and let's
- 49:28break it down a little bit more. Um
- 49:30what's a what's an age group that has
- 49:32bad sleep?
- 49:34>> 30 and above.
- 49:35>> 30 and above. Why do they have bad
- 49:36sleep?
- 49:38>> Insane amount of stress. Uh not being
- 49:41able to cope up with work.
- 49:43>> What kind of work?
- 49:44>> Relationships. Just average uh every day
- 49:47they go to office and then come back and
- 49:49they're tired and then
- 49:50>> so let's
- 49:51>> annoyed.
- 49:51>> Let's say it's a
- 49:53>> I'm making this up, right? I don't know
- 49:55anything about
- 49:56>> it's a a SAS company.
- 49:57>> H
- 49:58>> because the SAS apocalypse is happening.
- 50:00>> You're afraid about your job. So you
- 50:02can't sleep.
- 50:03>> Like it jobs. uh as IT jobs and it's
- 50:06very stressful because your job might be
- 50:08on the line
- 50:10going back to the psychological triggers
- 50:12that's an insecurity about your job is
- 50:15that an insecurity about productivity at
- 50:17your job because you feel like you can't
- 50:19do or is it I want to be productive
- 50:22outside of work so that I could start my
- 50:24own thing because I think I have a
- 50:26better opportunity as a backup plan and
- 50:28to be able to do that I need to have
- 50:29good sleep whatever it is
- 50:32>> what is that through line that you're
- 50:33creating in the audience you're tapping
- 50:34into and those values that you're
- 50:36sharing initially. And again, I you
- 50:39know, I'm going to repeat the book's
- 50:41name, crossing the chasm, but who is
- 50:43that first tiny audience that is so tied
- 50:48on to your pain points before you go on
- 50:50cross the chasm into the next audience,
- 50:52next audience, next audience.
- 50:55If you're looking at a product and if
- 50:57you're looking at creators or if you're
- 50:58looking at um an audience that you can
- 51:01link into, exact same thing. What are
- 51:03the pain points that you're sharing with
- 51:05this person that your values and
- 51:07everything align with? And how do you
- 51:08tap into that? And then you if that guy
- 51:12works in SAS, I bet you 20% of the
- 51:15people that follow him on his Instagram
- 51:16probably also work in SAS. They probably
- 51:18work with him.
- 51:20>> No, but if he loves the product and he's
- 51:22a influencer at his office,
- 51:25>> you just got 20% of his company hooked
- 51:27on your product also.
- 51:29>> True.
- 51:30>> Now do that again at the next place.
- 51:31Next place. and then company after
- 51:33company after company.
- 51:34>> Yeah. Or community after community,
- 51:36whatever it is.
- 51:37>> Interesting. You know, you said
- 51:39something I sort of disagree with. You
- 51:41said the large influencer doesn't work
- 51:43as much as the micro ones.
- 51:47>> I slightly disagree based on all the
- 51:49data and all the entrepreneurs that I
- 51:50talked to, what I've seen. I think the
- 51:52super large one works and the super
- 51:55small ones. The big and the mid ones are
- 51:57not working.
- 51:57>> I agree. You're right. The super big
- 52:00ones have enough of a presence that it's
- 52:04an impact.
- 52:04>> Yes.
- 52:05>> Because they're so big. Yes. Right.
- 52:07>> But Kim So I'll use Kim Kardashian as an
- 52:10example.
- 52:10>> Yeah. And also like I was the super
- 52:13Yeah. Go ahead. Actually complete it and
- 52:14then I'll tell you the thought.
- 52:15>> Okay.
- 52:15>> Yeah. Yeah. Kim Kardashian. Yeah. Go
- 52:17ahead.
- 52:17>> There's a certain type of influencer and
- 52:20how they talk about your product though
- 52:21also, right? Kim Kardashian posted about
- 52:24a product on her stories and we're just
- 52:26like love this you know like what
- 52:28>> we did some sales but it wasn't crazy
- 52:32>> but if Kim Kardashian is wearing skims
- 52:35to a few
- 52:36>> yeah it just so I was coming to exactly
- 52:38that so the super large ones they
- 52:41realize and I'm talking super large ones
- 52:42mean in any and every category if you're
- 52:46talking to the top five people so let's
- 52:48say if it's podcast and top five
- 52:50podcasters in the world or if It's
- 52:53models and top five models or athletes
- 52:55and top five athletes. So just like top
- 52:56five people of like it's a comedian only
- 52:58the top five comedians.
- 53:00>> When you talk to these people if they
- 53:02post once probably it won't work. But if
- 53:04you get them for an advocacy this works
- 53:06much better than anything else. They one
- 53:09large person like let's say Kim
- 53:11Kardashian with skills
- 53:13>> and if she's advocating that for next 6
- 53:15months it's way more powerful than your
- 53:17500 creators.
- 53:19>> 100% agree with that. I mean in no world
- 53:22is is a small creator going to be a Kim
- 53:24Kardashian.
- 53:25>> Exactly. So like small 100 creators are
- 53:27not going to be competing with the So
- 53:29the super large ones work but they work
- 53:31only when you work in an advocacy level.
- 53:33Yes.
- 53:33>> Where they are like you
- 53:36>> because it's difficult for me to believe
- 53:37that Kim Kardashian today just like just
- 53:40posted about neuro so she consumes it.
- 53:42But if I see this on an everyday basis
- 53:44randomly and even she was not promoting
- 53:46and I see her and then she's giving it
- 53:48to Kendall and then Kylie and then
- 53:50probably Lewis Hamilton is also and I
- 53:51was like holy like this
- 53:54>> this is a family thing.
- 53:56>> They really like it.
- 53:57>> They really like it and then like
- 53:59there'll be like millions like me who
- 54:01would go and just go eat it.
- 54:02>> So that's a really good point though
- 54:03because if you are a starting
- 54:05entrepreneur you can't get a Kim
- 54:06Kardashian.
- 54:06>> Yeah.
- 54:07>> But you could probably get someone
- 54:08adjacent to a Kim Kardashian which is
- 54:10what we did. We got David Grutman, um,
- 54:12who's one of the biggest, he is the
- 54:14biggest promoter and in Nightlife in
- 54:18Miami, right? A massive guy and really
- 54:21good friends with Kim and shared
- 54:23Neurogum with Kim.
- 54:24>> So now David's talking about it. Kim's
- 54:26talking about it.
- 54:27>> If you're following David, you probably
- 54:29follow Kim,
- 54:30>> right? If you're following Kim, you
- 54:31probably follow Kylie and you probably
- 54:32follow Lewis Hamilton. And so we work
- 54:35with F1. So we work with Yuki Tonot from
- 54:38F1.
- 54:40there's an adjacency between now F1, Kim
- 54:42Kardashian, David Grutman, how are you
- 54:44creating the web of people because now
- 54:47you're seeing it over and over again to
- 54:48your point and being like, "Oh,
- 54:50something's up, right?" But if you're a
- 54:54small startup just starting out,
- 54:59I guess where do you start? Like I do
- 55:02agree that it's a complete waste of time
- 55:04to go in this like middle section of
- 55:07kind of big influencers maybe like
- 55:09whatever like 2 million followers right
- 55:12>> but he could either make a really big
- 55:15splash with like a Mr. Beast person if
- 55:18there's an agency
- 55:18>> like Andrew Huberman type
- 55:20>> Andrew Hubman but the only caveat I
- 55:22would say to that is to your point
- 55:26who else is connected to that Andrew
- 55:29Hooverman. So it does feel like, oh, I'm
- 55:32hearing this over and over again within
- 55:34my network.
- 55:35>> Yeah. Yeah. There has to be some level
- 55:37of trickle down effect
- 55:40>> so that you it's more believable.
- 55:42>> What's crazy is like I mean I see these
- 55:44people there, you know, they hail Mary
- 55:48into one big activation. They'll pay
- 55:50like $5 million. Like the last $5
- 55:53million they have to be like, Kim
- 55:54Kardashian, make one post about us. You
- 55:57know, it's like of course that's not
- 55:59going to work.
- 55:59>> Yeah.
- 56:01>> You know, like what? So you business
- 56:04takes a little bit more thought in that
- 56:06regard where Yeah. how what are all the
- 56:10connecting factors from your product,
- 56:12your values, the people you work with,
- 56:14the people they work with for it to all
- 56:17come together? M
- 56:18>> you know I was speaking to one of the
- 56:20tech giant uh CEO and I was asking that
- 56:24person like why do you in today's world
- 56:27still get like these large Hollywood or
- 56:29Bollywood stars to promote your stuff
- 56:31because it just makes no sense because I
- 56:34would think that there are no just there
- 56:37are no conversions like like I don't
- 56:39think last time you you saw like a Tom
- 56:41Cruz selling something and then you
- 56:43bought it like right like you don't I
- 56:46was like why do you still need them then
- 56:48Because every airport you go to, every
- 56:50driveway you get, there is some big star
- 56:52with like some big perfume or like some
- 56:54big
- 56:54>> Yeah. I was who is buying Johnny Depp's
- 56:56per cologne.
- 56:58>> Exactly.
- 57:00So I asked that person like why do you
- 57:02still do it? Because they're very big on
- 57:03influencer. They're very big on micro
- 57:04communities and they're big on these
- 57:06large in every country they have this
- 57:08large star, right?
- 57:10and he said something very interesting
- 57:13to me and since then I don't know if it
- 57:15really works or not but I think it makes
- 57:17sense. He's like
- 57:20if you get a big star and let's say you
- 57:24spend like $5 million to get them and if
- 57:26you only have $5 million and you get
- 57:28them, it's never going to work out.
- 57:29>> Mhm.
- 57:30>> So you need to get them for $5 million
- 57:32and then you need another $5 million to
- 57:34make a noise that you got them and then
- 57:37you get the results. I don't see.
- 57:39>> So, this is what Celsius did. This is
- 57:41probably secret information, but
- 57:42whatever. You like secrets.
- 57:44>> I love it. This podcast um Celsius would
- 57:47spend 4x the amount that the influencer
- 57:51cost to activate that influencer.
- 57:55>> So, exactly to that point, you get a
- 57:57Lewis Hamilton for let's say like
- 57:58whatever $2 million, they would spend $8
- 58:01million on F1 sponsorship, Lewis
- 58:04Hamilton marketing, like advert,
- 58:07whatever it is. So yeah, makes you h you
- 58:12>> you just partnering with Lewis Hamilton.
- 58:16>> Yeah. People aren't going to be like,
- 58:17oh, like unless you're a super fan,
- 58:20>> which is probably still very small. Like
- 58:24>> you need to make sure everyone knows
- 58:25about the fact.
- 58:28>> Okay. There was another thing you said.
- 58:30You build this community of all these
- 58:32people all all the creators they come on
- 58:35the discord and then they stay in your
- 58:37community and all of that. How do you
- 58:38build a community? How do you keep them
- 58:40incentivized enough? Because money for
- 58:42sure is not the only thing. You have to
- 58:45create a feeling that this is their
- 58:47brand and they love you.
- 58:49>> So how do you create that? What are the
- 58:50things that you do in a community? What
- 58:52are the essent essential things that you
- 58:54create with your people? That is the
- 58:56power of brand and a lot of people
- 59:00forego brand just for transactional
- 59:03things. So like you know I'm trying to
- 59:06think of like companies that um existed
- 59:08in like the last 10 years that were big
- 59:10but they didn't build the brand
- 59:11component to it. Like you could think
- 59:13about uh you walk down a supplement
- 59:15aisle at CVS, you see all those uh
- 59:18supplements that sell B6 and B12 and it
- 59:21has some value, but there's nothing like
- 59:23a feelingwise associated behind it.
- 59:26>> Yeah. For us, here's an example of
- 59:28something we did 2 weeks ago for our
- 59:30sour launch. We rented out an entire
- 59:33back area of a go-kart space and we
- 59:37invited 50 influencers to come go-kart
- 59:39racing with us because it's something
- 59:41that's on the go. You know, you have to
- 59:43be focused while you're driving. And
- 59:44then all those people, by the way, we
- 59:48didn't pay them to come. You know, it's
- 59:49just a fun little event,
- 59:51>> but they sure as hell told everyone else
- 59:54about how cool this event was.
- 59:56And if you are and we target college
- 59:59campuses and things like that as well
- 1:00:01because there's a perfect product for
- 1:00:02college students.
- 1:00:04If you are tapping in and providing
- 1:00:07value outside of the product in terms of
- 1:00:11a social factor, a cool factor, um
- 1:00:15obviously a benefit factor for school
- 1:00:17and performance, then
- 1:00:20you have to make sure that your brand is
- 1:00:23conveying that from an approachability
- 1:00:27level. like I feel like I'm a part of
- 1:00:29this brand because
- 1:00:32whatever the way they present themselves
- 1:00:34and you know one of the things I say uh
- 1:00:37to the team a lot and to other people
- 1:00:39and I'll say to my son once he's old
- 1:00:41enough is there's this goes for I think
- 1:00:45human beings in general
- 1:00:48like what are what are the factors that
- 1:00:50make you trust someone that makes you
- 1:00:51want to follow them they have values
- 1:00:54that are crystal clear like you know
- 1:00:56exactly what their values
- 1:00:58And then uh uh damn, how do I say this
- 1:01:01in a way? Um and then they have I'm just
- 1:01:04I'm just going to say it the way it's in
- 1:01:06my head. Okay. Like and as a as a man,
- 1:01:08okay, like if I think about like if I
- 1:01:10want my boy to be a man, what are his
- 1:01:12values? And does he have the balls to
- 1:01:14stand behind his values?
- 1:01:17>> That's what being a man is.
- 1:01:18>> Yeah. Am I and that's what being a
- 1:01:20leader is or that's what being whatever
- 1:01:22the equivalent for a woman is you know
- 1:01:24like a a female leader is like what are
- 1:01:27your values and you stand behind those
- 1:01:29values
- 1:01:30>> but how do you create the that feeling
- 1:01:33>> in other people as well because you do
- 1:01:36that as a brand you have value system
- 1:01:38and you're standing behind it and you
- 1:01:40want to create this feeling and you
- 1:01:41stand by every word that you do
- 1:01:43>> right
- 1:01:44>> how do you create that feeling for the
- 1:01:46creator who's promoting you So, similar
- 1:01:48to this, those values, the way we
- 1:01:51construct our experiences, whether it's
- 1:01:54this K1 speed event that I'm going to
- 1:01:55use because it's the most recent one,
- 1:01:58>> go-karting, if you look at the pictures
- 1:02:00that we wrapped, the go-karts, we had
- 1:02:02the type of influencers that came are
- 1:02:04all very similar fitness style
- 1:02:06influencers,
- 1:02:07>> right?
- 1:02:08>> The way we talk about our product, the
- 1:02:09way we made it fun but also competitive.
- 1:02:12you know, these even the creators in the
- 1:02:15Miami house, like it wasn't just about
- 1:02:18money. It was about our top creators
- 1:02:20that are motivated as hell. They're all
- 1:02:22very similar like fitness influencers.
- 1:02:25Like
- 1:02:27once they start talking to each other
- 1:02:29and once they start identifying
- 1:02:32subconsciously actually even when you go
- 1:02:35from L1 to L7 we kind of have an
- 1:02:38understanding of who's going to be an L7
- 1:02:40creator because those are the people
- 1:02:42that represent our brand the best like
- 1:02:46of course because the values the events
- 1:02:48those things that we talk the way we
- 1:02:50talk about the product on a daily basis
- 1:02:52and how it's being used and the other
- 1:02:54bigger influencers ers that talk about
- 1:02:56it like the whoever like Mitchell Hooper
- 1:02:58is an example world's strongest man like
- 1:03:01or Andrew Schultz comedian who's very
- 1:03:03sharp
- 1:03:05Joe Rogan it all like subconsciously
- 1:03:09almost stacks up to represent someone
- 1:03:13that's
- 1:03:14confident but yet has humility
- 1:03:18and is allowed to have fun
- 1:03:21>> and then that trickles down into how the
- 1:03:24brand is which trickles down in how the
- 1:03:25creators are. That's how all of our
- 1:03:27events are. The type of people they meet
- 1:03:29are exactly like that. Also, like
- 1:03:32everything you're constructing is
- 1:03:34interconnected is one thing.
- 1:03:36>> Yeah. Like we're never going to do
- 1:03:37something that's so bizarre like
- 1:03:39whatever. Maybe a bizarre thing that
- 1:03:41would be but it'll still be fun,
- 1:03:45competitive, has humility behind it, you
- 1:03:48know? It's like it's still the same
- 1:03:50values no matter what it is.
- 1:03:52>> Interesting. So I was going to ask you
- 1:03:55the three elements of building a brand
- 1:03:56but I'm going to ask you first value
- 1:03:58system because you use that too much and
- 1:04:00I think that's going to be important for
- 1:04:01brand.
- 1:04:02>> Tell me three value the three values
- 1:04:04that you as a brand stand for and how
- 1:04:06did you find that and why only those
- 1:04:08three values.
- 1:04:10>> So there's there's two there's our
- 1:04:13external facing and our inter internal
- 1:04:15facing.
- 1:04:16>> So when we build out our brand book we
- 1:04:20talked about tone of voice.
- 1:04:22>> Mhm. Um, and the type of, if I were to
- 1:04:25think of like a type of person that
- 1:04:28represents our brand very well,
- 1:04:31>> I wouldn't say it's really an Andrew
- 1:04:33Huberman, right, who's sciencebacked,
- 1:04:35obviously very, very intelligent, but
- 1:04:38more on the dry side. Obviously, like he
- 1:04:40he doesn't like joke around too much.
- 1:04:42>> Yeah. But on the flip side, you look at
- 1:04:44someone like a Bill Nye the Science Guy
- 1:04:47or like Adam Savage from Mythbusters,
- 1:04:51>> they have the and we actually have a
- 1:04:53really sick collaboration happening next
- 1:04:55year with uh this company called
- 1:04:57Colossal um and might get some of those
- 1:04:58people involved. But
- 1:05:01there is a trust factor because of the
- 1:05:04science and everything that and the
- 1:05:05intelligence that they promote, but they
- 1:05:08obviously make it approachable and fun.
- 1:05:10Mhm.
- 1:05:10>> So for us, are we sciencebacked
- 1:05:14yet in
- 1:05:16uh building a sense of approachability
- 1:05:19in our product?
- 1:05:21>> Science yet fun.
- 1:05:22>> Science yet fun. And then again the
- 1:05:26humility component is really big which
- 1:05:28goes
- 1:05:28>> what do you mean by humility?
- 1:05:30>> Are you not overpromising?
- 1:05:34Like we don't overpromise that this is
- 1:05:36going to fix your whatever Alzheimer's
- 1:05:38or whatever. You know, there's like a
- 1:05:39lot of like that doctor.
- 1:05:41>> Yeah. Like we're not we're we're more
- 1:05:43Bill Nye than the doctor
- 1:05:45>> in a sense. You know, we're um we're not
- 1:05:49promising these crazy things. And in the
- 1:05:53products that we create down the line
- 1:05:55with innovation,
- 1:05:58we are never going to be creating
- 1:05:59something that promises to be a
- 1:06:01pharmaceutical level product. That's why
- 1:06:03we're not getting into GLP1s and this
- 1:06:05and that like right. But we will always
- 1:06:08be a product. And I think actually a lot
- 1:06:11of brands go down that path and end up
- 1:06:12ruining their brand because they
- 1:06:15deteriorate what built them in the first
- 1:06:17place. Are we sciencebacked? Are we
- 1:06:19approachable? And do we have the
- 1:06:21humility to understand that we live in
- 1:06:24that space?
- 1:06:25>> Interesting.
- 1:06:26>> And then we tie that back to internal
- 1:06:28values of leadership.
- 1:06:30Do we have calm leadership? Because if
- 1:06:33we're a brand that has fun, we should
- 1:06:35always be able to solve any problem with
- 1:06:37a smile on our face.
- 1:06:38>> Yeah.
- 1:06:39>> Um,
- 1:06:41sorry. Oh. Oh, humility. Yeah. Calm
- 1:06:43leadership. Humility. Do all of us, no
- 1:06:46matter what position we're in,
- 1:06:50understand that we call it servant
- 1:06:52leadership, but like we serve others.
- 1:06:54Everyone at every level serves other,
- 1:06:56>> right?
- 1:06:57>> That comes from a Japanese root. So,
- 1:06:58>> it is. And the last one, funny enough,
- 1:07:00is we have multiple values, but like
- 1:07:03these are the three important uh Kaizen.
- 1:07:07>> Have you heard that one?
- 1:07:08>> Constant improvement. Yeah.
- 1:07:08>> Constant progress over perfection. It's
- 1:07:11like which to me is this product as
- 1:07:14well.
- 1:07:15>> Okay. I I ruined it for you for audience
- 1:07:17for somebody who's who doesn't know
- 1:07:18about Kaizen, just go ahead and tell.
- 1:07:20>> So Kaizen, funny enough, Trader Joe's,
- 1:07:21which is a big retailer here too, uh
- 1:07:23Kaizen is one of their mantras as well.
- 1:07:26It is progress over perfection. like to
- 1:07:29improve every single day versus chasing
- 1:07:32perfection is a better mantra for life
- 1:07:36because there is no such thing as
- 1:07:38perfection and you know even the great
- 1:07:41leaders like Napoleon said it uh Mark
- 1:07:43Zuckerberg also says it you know like
- 1:07:46moving fast is better than taking all
- 1:07:50your time to create something that's
- 1:07:51perfect
- 1:07:52>> because things change in the process
- 1:07:55like there's no such thing as perfect
- 1:07:56but you can always improve yourself. In
- 1:07:58fact, if you're an entrepreneur, if
- 1:08:00you're someone that is trying to become
- 1:08:01a better version of yourself every
- 1:08:02single day, Kaizen should just be in
- 1:08:04your core.
- 1:08:06Nice. So, values internal and external.
- 1:08:09We build that. Okay. Value system for us
- 1:08:12is also important. When we started
- 1:08:14podcast, I think that's one of the most
- 1:08:16important thing for any podcaster as
- 1:08:18well that they should have.
- 1:08:19>> Yeah. They should have a very strong
- 1:08:21value system because at one point you're
- 1:08:23going to expand your podcast into
- 1:08:25multiple areas like how no matter what
- 1:08:27you start as you're eventually you'll
- 1:08:30become much more bigger and different
- 1:08:32and wider. So you need to have a very
- 1:08:34strict value system and for us that is
- 1:08:38so from day one we started with how the
- 1:08:40most world's most extraordinary minds
- 1:08:43think
- 1:08:44>> and we stay with that no matter what we
- 1:08:46do no matter who we call no matter how
- 1:08:49big small controversial uh educator
- 1:08:52non-education expert whatever we stick
- 1:08:55to this one value system and that's why
- 1:08:57I think the audience has helped us go
- 1:08:59from one territory to another from one
- 1:09:01country to another and now it's helping.
- 1:09:03So value system is so so goddamn
- 1:09:06important. And then we have a very
- 1:09:08important thing called the notto-do
- 1:09:11list.
- 1:09:12>> H I love that.
- 1:09:13>> That is like the most important for us.
- 1:09:16Yeah. Like we we say this internally
- 1:09:18that
- 1:09:19>> here are like five things we will never
- 1:09:21do
- 1:09:22>> and then we will do everything else.
- 1:09:24>> Yeah. Yeah. Like so so the five things
- 1:09:27that we never do is so you know the top
- 1:09:31five categories in content that works
- 1:09:33all around the world.
- 1:09:34>> We don't do any of that.
- 1:09:36>> Oh really?
- 1:09:36>> The the categories which get
- 1:09:38>> what are those? Yeah. What are those
- 1:09:40categories?
- 1:09:40>> So I'll tell you the categories which
- 1:09:41get highest views in the world. The top
- 1:09:43five are number one is horror.
- 1:09:46>> Oh yeah.
- 1:09:47>> Right. Like it gets like true crime
- 1:09:49horror.
- 1:09:50>> Yeah. Like I I don't know what like 1 2
- 1:09:533 4 5 6 like I I'm just messing up the
- 1:09:56priority order depending on the country
- 1:09:57but these these five stay for majority
- 1:10:00countries they stay as it is right some
- 1:10:03in some countries it can be one some be
- 1:10:05four but these five will be there so
- 1:10:07first is horror
- 1:10:08>> mhm
- 1:10:08>> second is religion and devotion
- 1:10:11>> which is very very very strong
- 1:10:13>> then there's entertainment and gossip
- 1:10:16>> which is big
- 1:10:18>> these are so obvious Yeah.
- 1:10:20Then sex and erotic conversations,
- 1:10:22right? Which is the soft pawn, the sex
- 1:10:24and erotic conversation. And then the
- 1:10:26fifth is astrology.
- 1:10:28>> Of course, man. And which is similar to
- 1:10:31religion, right?
- 1:10:32>> These five you look at anyone if you in
- 1:10:37any country the top five creators Mhm.
- 1:10:41>> they will fall into at least like at
- 1:10:43least three or four of them will fall
- 1:10:45into one of these category.
- 1:10:47>> That's crazy.
- 1:10:48I'd believe it though. It's so when you
- 1:10:50say it, it's so obvious.
- 1:10:51>> Yes.
- 1:10:52>> And I see why. I know why. You know,
- 1:10:54>> it's crazy.
- 1:10:55>> Yeah. So, and so we made a list that we
- 1:10:58will never do this. These are the five
- 1:11:01things we don't touch at all. Like we
- 1:11:03would even if we touch sometimes we
- 1:11:05touch sex as a subject, but we do it
- 1:11:07from a point of education.
- 1:11:09>> Yeah.
- 1:11:09>> We never do like some random erotic
- 1:11:11conversation. We will never do it.
- 1:11:13>> I can't even imagine that dude. Like
- 1:11:15>> don't start now.
- 1:11:18Okay, coming back you said you use a
- 1:11:20word called brand book.
- 1:11:22>> Yes.
- 1:11:22>> Right. First tell me what are the three
- 1:11:24elements of brand and then help me build
- 1:11:26a brand book for the entrepreneurs. What
- 1:11:29are these five things which are which
- 1:11:30should be there in a brand book? But
- 1:11:33before we go there tell me what is a
- 1:11:34brand?
- 1:11:35>> Uh you said community experience should
- 1:11:37I consider that as an element of brand?
- 1:11:39Um,
- 1:11:41yeah. Well, so I I'll talk about a brand
- 1:11:44from an a different perspective.
- 1:11:46>> From a
- 1:11:48I'll say it in two ways. I'll I'll talk
- 1:11:50about it from what like a typical brand
- 1:11:52is. It is a visual language of a
- 1:11:56product, right? Like there's a visual
- 1:11:57language of a product that you are
- 1:11:59communicating that has underlying tone,
- 1:12:02values, and uh communication mechanisms.
- 1:12:06So let's say like for us
- 1:12:09>> um
- 1:12:09>> tone values and
- 1:12:11>> uh communication like me mechanisms
- 1:12:14like that's what a brand is we are
- 1:12:16communicating energy and focus is the
- 1:12:18most important thing we are a gum packet
- 1:12:20so but with supplements so we talk about
- 1:12:24>> um how what ingredients are in here we
- 1:12:27are laid out like this all the time so
- 1:12:29even if you look at our different
- 1:12:30packaging levels you can see that there
- 1:12:33is a design format that
- 1:12:36So that's the visual language.
- 1:12:39>> There is a tone of voice. So if you look
- 1:12:41at all of our advertising, the way we
- 1:12:43talk on the back of the pack, even here,
- 1:12:45we there is a way that we speak
- 1:12:49in the packaging. Obviously, this
- 1:12:51doesn't really have it. Always
- 1:12:52sciencebacked. We've got good energy.
- 1:12:55That is the tone of voice. And then from
- 1:12:58there, how do you take that tone of
- 1:13:00voice and communicate it out into all
- 1:13:02the marketing material? So now you have
- 1:13:05a way of expanding it.
- 1:13:07>> So communication, tone of voice and
- 1:13:10>> uh visual language.
- 1:13:12>> So how do you present yourself? How how
- 1:13:14do you vis visually
- 1:13:15>> and then you just stick by it forever.
- 1:13:18>> Yeah. So that's that's the foundation.
- 1:13:20There's that's the architecture right of
- 1:13:22what and then from there
- 1:13:24>> that's where marketing and all those
- 1:13:26things get really exciting innovation
- 1:13:28because you have to stick within those
- 1:13:29confines of an architecture and values
- 1:13:32and ideas and tone of voice and build
- 1:13:34from that
- 1:13:36>> okay
- 1:13:36>> it's your bible like we we call it a
- 1:13:38brand bible more than a brand book but I
- 1:13:39don't want to bring religion into this
- 1:13:42um if
- 1:13:45from there though the other way to look
- 1:13:48at a brand
- 1:13:50>> is
- 1:13:52audience. So
- 1:13:55how does the audience dictate how your
- 1:13:58brand is being perceived is another
- 1:14:00thing. So if you start off with
- 1:14:02especially like a creator community and
- 1:14:04you're realizing that the language
- 1:14:06that's being used is around confidence
- 1:14:11let's say which I hear a lot with our
- 1:14:13product
- 1:14:15then how are you building an effective
- 1:14:18feedback loop to adjust your values and
- 1:14:21brands but not too much because like
- 1:14:23that's when you get out of hand to
- 1:14:27reformat recreate and then that's why
- 1:14:29many brands like every 10 years or so,
- 1:14:31they relaunch with a new brand book. You
- 1:14:33know, um what are the experiences that
- 1:14:37you want people to have? Like we were
- 1:14:39talking about that experience still fits
- 1:14:42within this framework, the tone of
- 1:14:43voice, but
- 1:14:46you know, a brand book's not going to
- 1:14:47tell you how a person feels or how they
- 1:14:50should feel. Like you have to create
- 1:14:52that.
- 1:14:52>> Yeah.
- 1:14:53>> And then put it into your brand book.
- 1:14:54But like that feel like for us, we want
- 1:14:57people to everyone at one of our
- 1:14:59experiences should feel approachable. So
- 1:15:04everyone's friends with each other cuz
- 1:15:05that amplifies the fun
- 1:15:07>> cuz there's no like the aspirational
- 1:15:11egoistic Top Gun level. None of that.
- 1:15:14>> Everyone's Everyone hangs out. Everyone
- 1:15:16chill place.
- 1:15:16>> It's a chill place.
- 1:15:18VIP section and a table for like
- 1:15:20important people.
- 1:15:21>> Never. Never. And I honestly will like
- 1:15:24we do with our creators obviously, but
- 1:15:26once they get there, the experience is
- 1:15:28they're all the same. Um, yeah, it's not
- 1:15:31a Tony Robbins conference that you're
- 1:15:32going to. It's a neuro conference.
- 1:15:35So, is there approachability? Is there
- 1:15:37fun? Like, you know, is there energy and
- 1:15:39excitement? It should like it should
- 1:15:41constantly be high energy. Um like all
- 1:15:44these things
- 1:15:46is a feeling that when I listen to your
- 1:15:49podcast what is that feeling I want to
- 1:15:51get when I go to an event of your sort
- 1:15:53like those are things I think should
- 1:15:55also be embedded into a brand book that
- 1:15:57typically
- 1:15:58is is not
- 1:15:59>> okay it becomes ton of voice let's do
- 1:16:01one by one I think we jumped in right
- 1:16:04here so let's pick up first as feeling
- 1:16:06okay
- 1:16:06>> sure
- 1:16:07>> so feeling in your brand book what is
- 1:16:09the feeling that you want your audience
- 1:16:12or your customers to feel when they
- 1:16:14touch or see or consume your product.
- 1:16:17Trust. So let's say from a physical st.
- 1:16:20So let's start off with like the the
- 1:16:22original three, right?
- 1:16:24>> Tone of voice, communication, visual
- 1:16:25language.
- 1:16:26>> Um visual language. I pick up a piece of
- 1:16:29gum or a pickup pack.
- 1:16:34Even down at the operational level and
- 1:16:36the way we design our packaging, there's
- 1:16:38a nice gloss on this. This is embossed
- 1:16:41so it feels premium. And it's not
- 1:16:44premium just because it looks nice. It's
- 1:16:46premium because we use premium
- 1:16:48ingredients that all work together to
- 1:16:51create a trust uh trustable reliable
- 1:16:54product.
- 1:16:55>> So you don't we don't say any of those
- 1:16:58things on the packaging. It's like yeah
- 1:17:00the most reliable energy like you're not
- 1:17:02writing that. But through the visual
- 1:17:05language you are able to create that.
- 1:17:07What is the most important thing that I
- 1:17:10should put in my packaging so that it it
- 1:17:12screams trust without even saying it?
- 1:17:15Because there has to be some magic. Is
- 1:17:16it negative space?
- 1:17:18>> Is it something else?
- 1:17:20>> Transparency.
- 1:17:22>> Well, it depends cuz I I think it
- 1:17:24depends on the the brand obviously as
- 1:17:25well.
- 1:17:26>> What's for you so that we know
- 1:17:28>> for us we talk about transparency. So
- 1:17:31the ingredients are right on the front.
- 1:17:34>> Okay.
- 1:17:34>> Energy and focus. you know exactly what
- 1:17:36you're going to get when you have the
- 1:17:38product
- 1:17:39>> of the brand.
- 1:17:40>> This is mechanical, but when I look at
- 1:17:44our product and I touch it and I'm like,
- 1:17:45"Wow." Like, and I look at another
- 1:17:47crappy piece of gum that doesn't have
- 1:17:49all these things, you know, this costs
- 1:17:51us like a penny to even
- 1:17:55>> like see how it's like a little
- 1:17:56>> raised. Yeah. Yeah. Like you can't tell
- 1:17:58if you're just looking at it, but then
- 1:18:00you pick it up and you're just like,
- 1:18:01whoa, they're like even that little
- 1:18:04detail, right?
- 1:18:05>> Yeah.
- 1:18:06>> Like you know that there's like a these
- 1:18:09guys put in attention to detail even
- 1:18:12because of something like that. You see
- 1:18:13like this is shiny a little bit also.
- 1:18:16>> Like those little things
- 1:18:19add to the trust, the reliability,
- 1:18:23>> the way the visual language of the
- 1:18:25product comes out. Nice. So, so if you
- 1:18:28want to create a visual language which
- 1:18:30has where you want people to trust you,
- 1:18:34the three things you need to be very
- 1:18:36mindful about. How are you being
- 1:18:38transparent? How are you
- 1:18:41showing them that you have uh your
- 1:18:44entire brand runs around attention to
- 1:18:46detail and then what is a simple promise
- 1:18:49in two or three words.
- 1:18:50>> Yes,
- 1:18:51>> these are like three very important
- 1:18:52things. If this is sitting on a retail
- 1:18:54shelf and you're just like,
- 1:18:55>> can I trust it?
- 1:18:56>> Yeah. Can I trust it? And like if I look
- 1:18:58at it, I know exactly what it does.
- 1:18:59>> Mhm.
- 1:19:00>> Boom. I know energy and focus. Boom.
- 1:19:02It's so obvious.
- 1:19:03>> Yeah. True.
- 1:19:04>> I know exactly what it does.
- 1:19:05>> I know exactly what I'm going to get. I
- 1:19:07know exactly what I get. And I look at
- 1:19:08it, it's like, oh, it's energy and focus
- 1:19:10because of the caffeine, although
- 1:19:12that's great. That's a great benefit.
- 1:19:14Spearmint. That's a great flavor, you
- 1:19:16know. Oh, and now I picked it up. Wow.
- 1:19:18Like this is really nice packaging.
- 1:19:20>> Interesting. Okay. Right. all those
- 1:19:22things. So, and subtle things but
- 1:19:24obviously.
- 1:19:25>> Okay. So, that's that's visual language
- 1:19:27is first in the brand book in brand
- 1:19:29bible as you say.
- 1:19:30>> Mhm.
- 1:19:31>> Then second is feeling.
- 1:19:34>> The feeling you want is approachable
- 1:19:36energy and what else?
- 1:19:38>> Approachable. Um well when I say energy
- 1:19:40the we're talking about community
- 1:19:41experiences. But if we go back to the
- 1:19:44tone of voice and the
- 1:19:46>> Okay, let's go tone of voice first.
- 1:19:49The way we talk about our product is
- 1:19:51never overly scientific. And I could
- 1:19:54talk overly I was a neuroscience major
- 1:19:55so I could talk, you know, like the
- 1:19:57brain all day. But if we're going back
- 1:20:00and I'm
- 1:20:02not trying to confuse someone to talk
- 1:20:03about, oh, okay, like uh you blockad a
- 1:20:06scene and this is how when I start
- 1:20:08talking like that to someone, dude,
- 1:20:10we're a gum.
- 1:20:13>> Like you know, at the end of the day,
- 1:20:15we're a gum and a mint.
- 1:20:16It's has to have that approachability
- 1:20:19but a reliability on the trust and we
- 1:20:22could talk about uh the science
- 1:20:24components the different pathways that
- 1:20:26this is affecting how caffeine blocks
- 1:20:28adenosine receptors so that's how you
- 1:20:31don't feel tired you know elenine allows
- 1:20:33you to curb the the and balance out the
- 1:20:37caffeine you know cuz the compounds
- 1:20:39amino acid compounds found in matcha and
- 1:20:41green tea you can dive in and look at
- 1:20:44that if you want to on on our website
- 1:20:46and that's why we have the clinical
- 1:20:48trials but we don't lead with the
- 1:20:50clinical trials. We lead with the
- 1:20:53approachability, the fun, the
- 1:20:54transparency that our product has and
- 1:20:57then if they want to search more into
- 1:20:58it,
- 1:20:59>> they realize like, oh wow, there's all
- 1:21:01these things
- 1:21:02>> that allow me to trust it.
- 1:21:04>> Interesting. Nice. Okay, so that's tone
- 1:21:06of voice.
- 1:21:07>> Tone of voice. And again with tone of
- 1:21:08voice, the way we do it is like if
- 1:21:10there's a celebrity that uh you can if
- 1:21:13your product is a celebrity, what kind
- 1:21:14of celebrity would it be? And we talk
- 1:21:16about childish Gambino, you know, he's
- 1:21:20>> one of the most talented people, plays
- 1:21:22music, comedy, acts, everything, but
- 1:21:24it's still like a funny guy compared to
- 1:21:26like uh Jared Leto or something, you
- 1:21:29know, who's so serious,
- 1:21:31>> although he's very talented.
- 1:21:33>> That's a good question to ask. I I love
- 1:21:34that question. If your product was a
- 1:21:37celebrity, which celebrity would it be?
- 1:21:39>> Yeah.
- 1:21:40>> Who would it be for you? You're already
- 1:21:42a celebrity.
- 1:21:44>> No, no, no, no, not not yet.
- 1:21:46>> Wow, that's a tough question, dude.
- 1:21:50>> Yeah,
- 1:21:50>> that is that's a good question though. I
- 1:21:52like it. I'm going to think the instant
- 1:21:55name that comes in my head is Oprah.
- 1:21:57>> Oh, interesting.
- 1:21:59>> Yeah, like
- 1:21:59>> do you give free giveaways to everyone?
- 1:22:01Yeah, I really want for my podcast. If
- 1:22:05let's say if my podcast has a brand and
- 1:22:07if we wanted to be a celebrity, which
- 1:22:08celebrity would it be? I think Oprah
- 1:22:10would top that.
- 1:22:11>> Oprah's a good one.
- 1:22:12>> But but I want to go deeper and think
- 1:22:15more like this is just top of my head
- 1:22:16because she's an inspiration. So I look
- 1:22:18up to her
- 1:22:20>> and it's easy to start associating. It's
- 1:22:21like, okay, what would Oprah do?
- 1:22:24>> Yeah. Yeah. And like what wouldn't she
- 1:22:26do? You know, there's a bunch of things
- 1:22:28that hopefully she doesn't do, but uh
- 1:22:31it's easy to start building a tone of
- 1:22:32voice for your brand. Be like, I'm gonna
- 1:22:34It needs to be like this person, you
- 1:22:36know, and obviously I represent the
- 1:22:38brand in a way.
- 1:22:39>> Um I hopefully I don't act like a overly
- 1:22:43scientific you know.
- 1:22:46>> So, there's that component. And then
- 1:22:48finally um so visual language, tone of
- 1:22:51voice um and then uh
- 1:22:55what was the last thing I say? Um
- 1:22:58>> visual language, tone of voice and
- 1:22:59communication but communication.
- 1:23:00>> Oh communication. Yeah. Um is part of
- 1:23:04it's part of tone of voice. Yeah. And
- 1:23:05the visual language.
- 1:23:06>> Okay. So in the brand book there has to
- 1:23:08be visual language. There has to be tone
- 1:23:10of voice. There has to be a feeling
- 1:23:11defined. What feeling?
- 1:23:13>> What else needs to be there in the brand
- 1:23:15book?
- 1:23:16Um so in a typical brand book even if
- 1:23:20you if you start with those three it
- 1:23:22starts getting broken down even more
- 1:23:24concretely.
- 1:23:25>> So with any new product launch it is are
- 1:23:29these the fonts you are using you should
- 1:23:31always be using the same fonts.
- 1:23:33>> Okay
- 1:23:33>> you know is there
- 1:23:36for us we even talk about the cadence of
- 1:23:39how we speak. So, are we talking in
- 1:23:41short sentences? This is this, this is
- 1:23:43this, or are we talking in short
- 1:23:45sentence, long? Is there a rhythm to the
- 1:23:47words, right? In how you're speaking.
- 1:23:49>> Nice.
- 1:23:50>> Because I mean, you have a way you
- 1:23:51speak. I have a way I speak. And funny
- 1:23:54enough, the way you speak defines a
- 1:23:56person. True.
- 1:23:57>> Right. And that's communication. So, is
- 1:23:59there a way that you're speaking even in
- 1:24:01Oh, the rhythm of how you communicate.
- 1:24:04That's new. So rhythm of sentences and
- 1:24:09how you speak and what kind of language
- 1:24:11you
- 1:24:12>> pretty fascinating you and what is yours
- 1:24:16like is it like short sentences?
- 1:24:18>> No, I mean it's a it's approachability.
- 1:24:20So it's a combination of very strong
- 1:24:22statements that we would make but then
- 1:24:25like an approachable like longer sent
- 1:24:27like there's we never make it like the
- 1:24:31reason we don't use short sentences like
- 1:24:34is that becomes a statement every single
- 1:24:37time and some companies do that you know
- 1:24:39because it works but and it's not overly
- 1:24:42flourishy. We're not using big bombastic
- 1:24:45words and because then there's no trust.
- 1:24:49you're covering it up with.
- 1:24:51>> But is there a balance between simple
- 1:24:54words that are effective and
- 1:24:55approachable, but statements when you
- 1:24:57need to make the statement? So, it's an
- 1:24:59actual hit.
- 1:25:01>> That's a balance in language.
- 1:25:03>> It's like you do headline and then you
- 1:25:06do the explainer,
- 1:25:07>> headline, small explainer, explainer.
- 1:25:09That's your rhythm.
- 1:25:10>> So, talk to me about community events.
- 1:25:14You were talking about it. What do you
- 1:25:16prefer? the large community event once a
- 1:25:18year or like bunch of small ones or like
- 1:25:20mid-level two or three a year. That's
- 1:25:22it.
- 1:25:22>> Yeah, we do like I think we do one every
- 1:25:24other month. So like six six a year. So
- 1:25:26it's kind of a lot a lot
- 1:25:28>> but sometimes it's big, sometimes it's
- 1:25:29small. I mean we do maybe we even do
- 1:25:31more. Like we'll sponsor like a Pilates
- 1:25:33event. So the entire Pilates studio is
- 1:25:36Neurogum, you know. Um that's a big one.
- 1:25:39Every other brand is doing this pilate
- 1:25:41thing. I know it's I don't know. Like
- 1:25:44you do it so you should know. Well, I
- 1:25:45don't do Pilates like we do it.
- 1:25:47>> No, but like you sponsor Pilate brand,
- 1:25:49right? The Pilate is is really picked
- 1:25:51up.
- 1:25:51>> It's picked up like crazy.
- 1:25:53>> It It has really picked up
- 1:25:54>> Pilates and pickle ball.
- 1:25:55>> Yeah.
- 1:25:55>> Oh, yeah. Pilates is big. Pickle ball is
- 1:25:57like really big right now.
- 1:25:59>> And even paddle in a lot of padd.
- 1:26:09>> Yes. Exactly.
- 1:26:11But with uh Pilates, I think it's not
- 1:26:16it's hard if you've ever done Pilates
- 1:26:18before.
- 1:26:18>> Yeah, I've done that. I've tried to do
- 1:26:20it.
- 1:26:21>> Oh, man.
- 1:26:22>> Like you're shaking.
- 1:26:23>> Yeah. I thought it was going to be so
- 1:26:24easy because there just bunch of people
- 1:26:26just on the reformer. I was like, "Yeah,
- 1:26:28I'm going to do it."
- 1:26:29>> You're just like,
- 1:26:31>> I remember like 18 minutes
- 1:26:34in 18 minutes. I was like this. I was
- 1:26:37like, "Please." I guess it requires
- 1:26:40focus. I mean, with our mark, I have to
- 1:26:41ask our marketing team, but Pilates is
- 1:26:43great though because And same with
- 1:26:45pickle ball and podel. Um, tennis is
- 1:26:48pretty hard. Pickle ball's not as hard.
- 1:26:52Pickle ball is fun. Pickle ball's easy.
- 1:26:53It's easy to play as long as you're not
- 1:26:55playing against pros, but it's easy to
- 1:26:57play.
- 1:26:57>> Yeah, exactly.
- 1:26:59>> And I think it's the same with like
- 1:27:00Pilates. Pilates is in CrossFit, but
- 1:27:02it's still hard.
- 1:27:03>> Yeah.
- 1:27:03>> Like there's like an accessibility to
- 1:27:05it. Like in a group class, if you go for
- 1:27:07the beginner ones, you can get through
- 1:27:08it.
- 1:27:09>> Yeah.
- 1:27:09>> So that's what it is. But if you do like
- 1:27:11one-on-one and you really want to focus
- 1:27:13on yourself, it's it can get brutal.
- 1:27:16Yeah.
- 1:27:16>> But but coming back to Pilates, like why
- 1:27:18every brand is partnering with Pilate
- 1:27:20clubs, Pilate uh sessions, organizing
- 1:27:23these Pilate communities. I see this
- 1:27:25like everywhere.
- 1:27:26>> I think Aloe started this and then now
- 1:27:28everybody does.
- 1:27:28>> I know. Genius Aloe. I think at its
- 1:27:32core, it is a group of people that are
- 1:27:35passionate about one thing. People, if
- 1:27:38you go into a Pilates class, you've seen
- 1:27:39this. They love Pilates and they'll talk
- 1:27:42about Pilates and they all hang out with
- 1:27:44each other with their Pilates and their
- 1:27:46socks, their special socks that they
- 1:27:47have.
- 1:27:48>> And there's this Pilates personality.
- 1:27:50>> Yeah, there's a Pilates personality. And
- 1:27:52if you're thinking about like um a cult
- 1:27:55of a brand and like being able to tap
- 1:27:57into uh different cults, like I'm using
- 1:28:00the word cult in like a very uh
- 1:28:02superficial way, but
- 1:28:04>> um you tap into a community of people
- 1:28:06that are talking to each other.
- 1:28:09If one Pilates person is like, "I got
- 1:28:11through my class thanks to Neurogum."
- 1:28:13That other housewife that you know is
- 1:28:17also trying to get through a class,
- 1:28:18we'll probably be like, "Oh, I should
- 1:28:20probably chew gum, too."
- 1:28:21>> You know, you could start saying that
- 1:28:23versus, you know, I think about like
- 1:28:26like F1 has a cool factor to it, but I
- 1:28:30don't know if that was like the right
- 1:28:31place for us to activate.
- 1:28:33>> Why? because it's such an independent
- 1:28:36sport and if I think about pickle ball
- 1:28:40or pilates or things where you're just
- 1:28:43like oh this I want to get better at it
- 1:28:45and what's what allows me to get better
- 1:28:47at it that when you have people sh
- 1:28:49people like what's like a brand that
- 1:28:53activates at F1 you know I'm trying to
- 1:28:54think of another brand like Red Bull I
- 1:28:56guess but Red Bull is all about
- 1:28:58individual performance
- 1:29:00and extreme performance
- 1:29:03>> and for That's that's not that's not
- 1:29:06really us, you know. It's not really
- 1:29:08extreme performance. It's finding the
- 1:29:09best version of yourself. That that's
- 1:29:10us, you know, at any given moment. We're
- 1:29:13in your pocket so you could be the best
- 1:29:14version of yourself in that moment, you
- 1:29:16know. It's not I'm going to go jump off
- 1:29:18a cliff in a squirrel suit. Interesting.
- 1:29:21So, you wouldn't go partner with an
- 1:29:23extreme athlete, but you will partner
- 1:29:25with someone like an everyday Joe who is
- 1:29:29who's in a good shape and wants to get
- 1:29:31in a better shape. that person who's
- 1:29:33trying every day, feel good factor,
- 1:29:35loving it.
- 1:29:36>> Yeah.
- 1:29:37>> And has a balanced life. Is that what
- 1:29:39your ideal type is?
- 1:29:40>> Yeah. Like I'm, you know, if I were to
- 1:29:42break it down, like we wouldn't sponsor
- 1:29:44like we actually got our start in
- 1:29:46CrossFit, funny enough,
- 1:29:47>> but I wouldn't go back and sponsor
- 1:29:48CrossFit cuz those it's a little too
- 1:29:51extreme. It's people it's so not
- 1:29:53accessible. Like will you sponsor Hyrox?
- 1:29:56But Hy Rocks is something I would
- 1:29:58sponsor because it's a little bit more
- 1:30:00accessible and easier to do than
- 1:30:02CrossFit without that
- 1:30:05>> almost like extremity in what people
- 1:30:08push themselves to. like we would
- 1:30:10sponsor,
- 1:30:13you know, I guess like to think about
- 1:30:16this, this there's actually a pretty big
- 1:30:17unlock for me even having this
- 1:30:19conversation right now uh that I'll
- 1:30:20bring up at the offsite, but
- 1:30:23what is an environment where your
- 1:30:26product did enough for a person that
- 1:30:28they're willing to share with the
- 1:30:29community that they're a part of? And if
- 1:30:31it's an F1 driver, even if an F1 driver
- 1:30:34shares it with their community,
- 1:30:37there's only like 12 F1 drivers,
- 1:30:41like what is that community? It's like
- 1:30:43it's so aspirational
- 1:30:45>> that
- 1:30:46>> it doesn't make sense, you know? You
- 1:30:48know, there's a company called Ladder
- 1:30:49that do you remember Ladder?
- 1:30:51>> No.
- 1:30:52>> It was a supplement company that had
- 1:30:53LeBron James, Arnold Schwarzenegger,
- 1:30:56Serena Williams, like the top athletes
- 1:30:59in the world. Mecca.
- 1:31:01>> Yeah.
- 1:31:01>> It failed like three months after
- 1:31:03launch.
- 1:31:03>> No way.
- 1:31:04>> Yeah. Because the No one's going to be a
- 1:31:07LeBron James.
- 1:31:09>> No one's like it's there was a pop, but
- 1:31:11then they anchored so heavily into these
- 1:31:14elite athletes. These elite athletes are
- 1:31:16that is such a small tam of audience
- 1:31:18members that it's like I'm going to be
- 1:31:20the LeBron, you know, I'm going to be
- 1:31:22the next this. And then they forgot
- 1:31:24about the community. they forgot about
- 1:31:27like the everyday person and how it
- 1:31:29impacts their life in a good way.
- 1:31:32>> This is such a good insight that your
- 1:31:34brand should be for communities where
- 1:31:37there's a sharable value or a sharable
- 1:31:39essence and there's hope that we can
- 1:31:42become part of this community.
- 1:31:44>> No,
- 1:31:44>> if there is no hope, no way to become
- 1:31:47part of this community and there's no
- 1:31:48sharable essence, then probably your
- 1:31:51brand
- 1:31:52Yeah. Like
- 1:31:53>> you have like 10 people using it.
- 1:31:54>> Yes.
- 1:31:56That's a good insight. I'm going to I'm
- 1:31:57I'm stealing.
- 1:31:58>> Take it. Take it. That's yours.
- 1:31:59>> I'm stealing it. I'm stealing it because
- 1:32:00>> I forgot what I even said. So now it's
- 1:32:03yours.
- 1:32:04>> Okay. But this is fun. All right. Let's
- 1:32:06get back to the community thing.
- 1:32:08>> So you said community events. Why would
- 1:32:10you do smaller community events and not
- 1:32:12just like one large event?
- 1:32:14>> I think it goes back to the micro
- 1:32:16influencer.
- 1:32:17>> Would you do like one large event as
- 1:32:18well?
- 1:32:19We would and we do from time to time
- 1:32:22like larger events but I think there's
- 1:32:24diminishing returns depending on the
- 1:32:26size of event that you do. Okay.
- 1:32:28>> So you could get a lot of people like we
- 1:32:30do these like big college events you
- 1:32:31know with uh our partners at Lion Leap.
- 1:32:34So like a thousand people will come into
- 1:32:36a bar and it's neurothemed and whatever
- 1:32:39but are those people really there for
- 1:32:42you or are they there for a cool event
- 1:32:46that you're paying for? But wouldn't
- 1:32:48that help the brand just like you become
- 1:32:51a cool brand or cool event where
- 1:32:54everybody wants to get an access but
- 1:32:56nobody can or maybe like they're waiting
- 1:32:57for the next
- 1:32:58>> and we did something like that in New
- 1:32:59York as well where it was like a bigger
- 1:33:00event and like there was limited access
- 1:33:02there were cool people there you know we
- 1:33:04brought our celebrity partners and stuff
- 1:33:05in
- 1:33:06>> but I think it's easy to find something
- 1:33:11that feels like the cool party to go to
- 1:33:14that night that's sponsored by the thing
- 1:33:16but you
- 1:33:18the the essence of the brand gets lost.
- 1:33:20>> It just becomes an event.
- 1:33:22>> But if it's a tight community like this
- 1:33:23K1 thing with 50 people, 60 people,
- 1:33:26they're all talking to each other within
- 1:33:30uh under the roof of Neuro. So obviously
- 1:33:32the main thing for all these people
- 1:33:35here, the common denominator is Neuro
- 1:33:40>> versus a big event, the common
- 1:33:41denominator is a cool party.
- 1:33:42>> Yeah. Like everyone's college is going,
- 1:33:44so I want to go.
- 1:33:45>> Yeah. Yeah. Exactly. It'll go many head
- 1:33:47on.
- 1:33:47>> And I think a lot of people get lost in
- 1:33:50the sauce with that a little bit. I'm
- 1:33:52trying to think of like other brands
- 1:33:53that still do big events. And
- 1:33:56I I only like the Fortune50 companies
- 1:33:59that I know do do that, you know.
- 1:34:00>> So here's a question on that. So let's
- 1:34:02say there are two events, right? One
- 1:34:04event which is like the 50, 100, 200
- 1:34:06people max. You're not going to scale it
- 1:34:08beyond that because you want to create
- 1:34:09tight-knit community.
- 1:34:10>> Yeah.
- 1:34:11>> Right. And one is thousand people, 2,000
- 1:34:13people, 3,000 people like big large
- 1:34:15event. You take like the big creator
- 1:34:17house and then throw a big party and
- 1:34:19everybody's there, everybody's posting
- 1:34:20pictures, stuff like that. Two
- 1:34:22completely different events.
- 1:34:24What will give you more number of
- 1:34:28eyeballs and cool factor on social and
- 1:34:30digital content point of view which will
- 1:34:33help your brand doing these smaller
- 1:34:36events because at the price of that one
- 1:34:38event probably you can do five of these
- 1:34:39events
- 1:34:40>> or like 10 of these events. I'll say a
- 1:34:42little hack that we do also though
- 1:34:45because it's not it's not binary like
- 1:34:49big events actually do work sometimes
- 1:34:50because it depends on who's coming to
- 1:34:52the event and how you want to show off,
- 1:34:54right?
- 1:34:54>> Okay.
- 1:34:55>> So, at Expo West, Doodles did a great
- 1:34:58job. They just got sold to Borilla, but
- 1:35:00they did a massive they did the biggest
- 1:35:02party at Expo West because they knew
- 1:35:04retailers were going to come, they knew
- 1:35:06influencers were come, and they knew
- 1:35:07everyone at Expo West was going to come
- 1:35:09to that event because that was the cool
- 1:35:10event for everyone to go to. And then
- 1:35:12they made an impact to those retailers
- 1:35:14to be like this is the type of stuff
- 1:35:16that we do. This is how big we go. And
- 1:35:18so they got a bunch of sales because of
- 1:35:21that and places to go into. They did
- 1:35:24also something very genius which um they
- 1:35:27charged other brands. They set up the
- 1:35:30event. They charged other brands to
- 1:35:32activate alongside them. So they made
- 1:35:34their money back from other from other
- 1:35:36brands sponsoring that event.
- 1:35:38>> No, I didn't.
- 1:35:39>> But they were the main sponsor. So, they
- 1:35:41were the main sponsor for this event,
- 1:35:42>> okay?
- 1:35:43>> They built this huge thing
- 1:35:44>> and the event is by them.
- 1:35:45>> The event is by them.
- 1:35:46>> Okay.
- 1:35:47>> But they got 10 other brands to pay them
- 1:35:49like $10,000, $20,000 to activate their
- 1:35:52products
- 1:35:53>> in that space.
- 1:35:54>> It's Yeah,
- 1:35:55>> it's fine. Make the money back.
- 1:35:56>> So, they made the money back by by going
- 1:35:58that big. And, you know,
- 1:36:02we were talking about that internally,
- 1:36:04too, where like so many other brands
- 1:36:06donate product to us um for our
- 1:36:08partnerships when we activate. So it
- 1:36:10makes it a lot more interesting that if
- 1:36:12we throw something big enough, we just
- 1:36:14charge other brands probably to activate
- 1:36:16alongside us, but it's still a neuro
- 1:36:18event
- 1:36:19>> that just get free goodies for. So
- 1:36:21that's a very costefficient way to get
- 1:36:23eyeballs while also leveraging the fact
- 1:36:26that you invested into this really
- 1:36:28massive hop of an event, right? But on
- 1:36:31the flip side, a Pilates studio, a
- 1:36:33smaller community, all those things is
- 1:36:35everything we talked about. That's a
- 1:36:37community of people under the common
- 1:36:39denominator of neuro talking about your
- 1:36:41product, experiencing this shared thing
- 1:36:44together
- 1:36:45that then goes out and will always
- 1:36:48remember that oh that neuropilates thing
- 1:36:50was great. Interesting. So now that you
- 1:36:52talk about this community, give me three
- 1:36:55communities to tap into the smaller
- 1:36:57communities for a new brand for 2027
- 1:37:00which are going to become a trend or
- 1:37:02which are already becoming trend and
- 1:37:04they're underrated and underpriced
- 1:37:05attention. You can get them
- 1:37:07>> like Pilates is big now. I don't want to
- 1:37:08use Pilates.
- 1:37:09>> Yeah. Yeah.
- 1:37:10>> Like everybody knows the Pilates play.
- 1:37:11>> What kind of brand? What kind of brand?
- 1:37:13>> Any
- 1:37:13>> a performance brand?
- 1:37:14>> Yeah. Let's say CPG brand,
- 1:37:16>> performance brand. Okay. Let's build
- 1:37:18anti-performance brand like anti energy
- 1:37:20brand. Let's build a calm brand.
- 1:37:22>> Okay. Okay. A calm brand. Let's let's
- 1:37:23say a calm brand because you're so
- 1:37:24stressed out. Let's go back with the
- 1:37:26sleep thing, but not for sleep. It's
- 1:37:27like for
- 1:37:29>> calm. Yeah. Like there's so much stress
- 1:37:31in the world. Declutter
- 1:37:33>> engineers.
- 1:37:35Uh, are you able to get into corporate
- 1:37:37campuses, corporate cafeterias? Like I
- 1:37:39have friends brands that have gone in,
- 1:37:41they work with there's distributors in
- 1:37:44the United States like canteen, PFG that
- 1:37:47work with Twitter offices or ex offices,
- 1:37:51uh, meta offices and things like that
- 1:37:54and just sell into those cafeterias.
- 1:37:56That is an ecosystem of people that are
- 1:37:58working 24/7 and they go to the
- 1:38:00cafeteria and they pick up your brand
- 1:38:02every single day. I think that is a huge
- 1:38:03opportunity for a lot of brands if you
- 1:38:05could break into that.
- 1:38:07>> Interesting.
- 1:38:08>> Because those are people that are
- 1:38:09stressed out also.
- 1:38:10>> Yeah. The cool brands. The cool brands.
- 1:38:13Yeah. So that's one like so something
- 1:38:15like that corporate campuses and with
- 1:38:17the AI revolution are you able to tap
- 1:38:19into budding entrepreneurs and AI
- 1:38:21engineers that um if it's a com product
- 1:38:25especially like those are the people
- 1:38:27that
- 1:38:29it's the easiest way to get uh the word
- 1:38:31out because you're diving into a budding
- 1:38:33industry.
- 1:38:35>> Um
- 1:38:37are there other uh ecosystems that I've
- 1:38:39seen that are pretty interesting right
- 1:38:41now?
- 1:38:42>> Yeah. Which are budding? So you said
- 1:38:43cool campuses, college, corporate
- 1:38:45hustle, cool startups, that gang. I love
- 1:38:48that idea by the way.
- 1:38:48>> Yeah.
- 1:38:49>> Love it,
- 1:38:50>> right? Like it's because they're already
- 1:38:51in that environment
- 1:38:52>> and they're high paying audiences that
- 1:38:54that's another essence. They're high.
- 1:38:57>> These are the guys who talk a lot more.
- 1:38:59These are like close-knit community on
- 1:39:02if two managers or two leaders start
- 1:39:04drinking, everybody worships their
- 1:39:06leaders. So everybody starts doing it as
- 1:39:07a cult-like behavior as well. I love
- 1:39:09this. This a great
- 1:39:10>> There's another one. So running has
- 1:39:13become really really big again. But I'm
- 1:39:16going to take a step back. It's not the
- 1:39:18running. People aren't drinking alcohol
- 1:39:21anymore.
- 1:39:21>> Yeah.
- 1:39:22>> But people are people. They still want
- 1:39:24to feel something. They still want to
- 1:39:25kind of like get high on something, you
- 1:39:27know, like whatever it is. So is there
- 1:39:31spaces that people can enjoy a social
- 1:39:37lubricant in some way or even if it's
- 1:39:39feeling if it's a calm product where
- 1:39:41they're feeling calm like retreats like
- 1:39:44there now there's like wellness retreats
- 1:39:46are getting really really big um morning
- 1:39:49like for a product like Neuro we do like
- 1:39:51Diplo run club where it's a morning
- 1:39:54event that starts at 7:00 a.m. And then
- 1:39:56Diplo has uh DJ set at 10. So no one's
- 1:40:00drinking but they still want to feel
- 1:40:01energy. So they take something like
- 1:40:02Neuroga.
- 1:40:03>> But for that that makes a great for
- 1:40:05energy brand, not for the calm brand.
- 1:40:06>> Yeah. But for a combrand, a wellness
- 1:40:08retreat is perfect. So have you seen
- 1:40:10these? Like there's like these week-long
- 1:40:13retreats now where um you put your phone
- 1:40:16away like you it's called digital detox.
- 1:40:18>> Yeah. But those are the people they're
- 1:40:19drinking like peas and like
- 1:40:22>> before product. But if it's a calm
- 1:40:24product,
- 1:40:25>> is that the space where it's like if I
- 1:40:26really want to stress
- 1:40:28>> or
- 1:40:30that's maybe once they come back into
- 1:40:31reality, you know, we're just
- 1:40:33brainstorming right now too, right?
- 1:40:35>> So it's like
- 1:40:35>> so wellness retreats, wellness
- 1:40:37community. It's any environment. And if
- 1:40:40there's like a third one, you know, like
- 1:40:42like the the through line with all
- 1:40:44these, by the way, is
- 1:40:48every you know, there's the cult of
- 1:40:50Apple. The there's the word cult that's
- 1:40:53like gets used. We were even you like
- 1:40:55they're like the cult leader of a
- 1:40:57corporate campus. If you know, whatever
- 1:40:59the the boss is, if Jensen Wang is doing
- 1:41:01something, eating fried chicken, you're
- 1:41:03probably going to go every Yeah. Right.
- 1:41:06It's like those are the ecosystems you
- 1:41:09tap into in a running club. If Diplo
- 1:41:11starts a run club and everyone goes to
- 1:41:12see him as a DJ and he's throwing your
- 1:41:15like there's videos of him throwing
- 1:41:16neurogum into the crowd, you know, like
- 1:41:18everyone's chewing neurogum there.
- 1:41:20>> Like
- 1:41:20>> what's the environment? I would say that
- 1:41:24there's there's almost like a cultlike
- 1:41:26following that's already built in and
- 1:41:28you could get that one person. All you
- 1:41:30need to do is just tap into that one
- 1:41:31person to get everyone else involved.
- 1:41:34Yeah. But where is that cult? like you
- 1:41:35the wellness cult will be there
- 1:41:37corporate cult cult what's the third
- 1:41:39cult I know what's the third cult what
- 1:41:42is becoming which is a which is small
- 1:41:44community which you see becoming big
- 1:41:47>> h
- 1:41:51I mean I think I actually think
- 1:41:54with
- 1:41:55well I I don't know it's that's a good
- 1:41:58question like cuz there's so many
- 1:42:00there's so many micro communities I
- 1:42:02think about like podcast communities too
- 1:42:04like when people are listening to you. I
- 1:42:05I use the word again I'm using the word
- 1:42:07cult in a specific very specific way but
- 1:42:10why does your audience listen to you
- 1:42:13because and why would brands work with
- 1:42:16you right you've already built trust by
- 1:42:19the audience you it goes back to the
- 1:42:21brand values you built all these things
- 1:42:23where your audience trusts you so if I'm
- 1:42:25working not even as like an experiential
- 1:42:28event like if we take a step back from
- 1:42:30events but go back into people to tap
- 1:42:33into
- 1:42:34Who is the most reliable voice that
- 1:42:38already has an audience that trusts them
- 1:42:40like crazy
- 1:42:42that allows that trust to be translated
- 1:42:45to their audience?
- 1:42:47And I think that's
- 1:42:50that's a framework to think about just
- 1:42:51in general whatever it is for
- 1:42:53experiences, marketing, whatever.
- 1:42:56I'm now thinking
- 1:42:58I'm thinking like which can be who is
- 1:43:01this person who's built this trust is
- 1:43:03underrated right now. That's a goal in
- 1:43:05mind.
- 1:43:07>> Who who who do you have in mind?
- 1:43:09>> I don't I don't have anyone in mind.
- 1:43:11Podcast is pretty known. Creator armies
- 1:43:13is pretty known.
- 1:43:14>> Uh like corporate was good. Like that's
- 1:43:17a good example. That's something
- 1:43:18underrated like engineers specifically
- 1:43:21very niche uh very strong
- 1:43:25run clubs is becoming popular so I would
- 1:43:27still say
- 1:43:28>> run clubs are run club you know
- 1:43:30everybody knows now and then run club is
- 1:43:32becoming a thing
- 1:43:33>> you know what's funny like a lot of
- 1:43:34people are sponsoring pickle ball but
- 1:43:38pickle ball has not done well for brands
- 1:43:41>> because when I go play pickle ball with
- 1:43:43my friend I'm not thinking of a brand
- 1:43:45when I play you know it's just like a
- 1:43:47thing I go to the tennis court to do.
- 1:43:48>> Yeah. It It's super competitive. So,
- 1:43:50like with friends, so it's you're not
- 1:43:52thinking about brands.
- 1:43:54>> Yeah.
- 1:43:55>> So, it has to be an ecosystem that's not
- 1:43:57And that's why I didn't say something
- 1:43:58like a pickle ball or like
- 1:43:59>> Yeah.
- 1:44:00>> Um aloe is perfect in Pilates because
- 1:44:03you can look sexy while you're doing
- 1:44:04it's like so perfect, right? There is
- 1:44:07like this visible
- 1:44:10impact
- 1:44:11>> Yeah.
- 1:44:12>> of what you wear in that environment.
- 1:44:15So, is there something like that also
- 1:44:16with your supplement brand? It's not
- 1:44:18just handing out the drinks, but it is
- 1:44:19like
- 1:44:21it goes back to feeling.
- 1:44:22>> Yeah. What is that feeling? Good. That's
- 1:44:25a question for everyone with their
- 1:44:27brands to think about.
- 1:44:29>> Like that's that's a good question that
- 1:44:32h this person who has accumulated trust
- 1:44:36in a small micro community
- 1:44:40who is able to create a similar feeling
- 1:44:42that your brand is trying to create. If
- 1:44:44you can tap into that,
- 1:44:46>> that's going to be a gold one for you.
- 1:44:47>> And that's a hard question, but hard
- 1:44:50questions exist because when you crack
- 1:44:52them, that's when your brand can take
- 1:44:53off, right?
- 1:44:54>> Yeah. Like there's a reward at the end
- 1:44:55of the rainbow.
- 1:44:56>> Yeah. That's it's it's a question worth
- 1:44:58cracking.
- 1:44:59>> A question worth it's a good one. Okay.
- 1:45:01Here are last two things I want to
- 1:45:03touch. Okay. Uh actually three things.
- 1:45:09>> We're gonna go on for two more hours.
- 1:45:10>> Yeah.
- 1:45:10>> Let's go.
- 1:45:11>> Let's go. Okay. The first is hiring
- 1:45:14because you said the perfect alo girl. I
- 1:45:16think that's
- 1:45:18that goes with every brand.
- 1:45:19>> Yeah.
- 1:45:20>> The person who you hire is going to be
- 1:45:22the perfect neuro guy or the neuro girl.
- 1:45:24>> Like that is the single most
- 1:45:28>> important thing that any brand can do.
- 1:45:30Like because for us it's like anyone we
- 1:45:33hire
- 1:45:36we need to see that do they have
- 1:45:37figuring out attitude or not.
- 1:45:39>> Yeah. And we've defined figuring out
- 1:45:40attitude very clearly.
- 1:45:42>> Yeah.
- 1:45:42>> If they don't have then they're not fit
- 1:45:45for our work workplace. So how do you
- 1:45:47hire? What is the essential thing? What
- 1:45:49do you look for people? What are you
- 1:45:51looking for in the most a bad hire could
- 1:45:54ruin your business? And everyone knows
- 1:45:55that. You know, it's like an adage
- 1:45:58that's been told many times over, but a
- 1:46:00good hire can obviously transform your
- 1:46:02business. And the thing with a good hire
- 1:46:04is it could go at many levels.
- 1:46:06Obviously, you want the experience. um
- 1:46:08depending on the level you're hiring
- 1:46:09for, you want like a certain level of
- 1:46:12experience that translates into the work
- 1:46:13that you want. But more important than
- 1:46:16that is a scorecard of how they fit into
- 1:46:19the culture and the culture of the
- 1:46:21people that they're working with
- 1:46:22directly. So if you're a smaller
- 1:46:24company, that person better become your
- 1:46:27best friend, you know, like Ryan, right?
- 1:46:28Like Ryan's my brother. So for me and
- 1:46:31him to be working together as
- 1:46:33co-founders and building this business,
- 1:46:35it made sense because the trust and the
- 1:46:37friendship was already there and we knew
- 1:46:38that that wasn't going to deteriorate.
- 1:46:41Phase two,
- 1:46:43because we're a small company, who are
- 1:46:45other people that are bought into the
- 1:46:47vision that have the work ethic that we
- 1:46:49do that's really to figure things out
- 1:46:51with you. And problem solving is like
- 1:46:54the number one value that we look for in
- 1:46:57every single employee.
- 1:46:59and why I keep saying humility. I've
- 1:47:01probably used the word humility like 50
- 1:47:02times in this podcast.
- 1:47:04Even if you're the most experienced
- 1:47:06person in the world, every company that
- 1:47:10you work for, every single day of your
- 1:47:12life even is a different experience. And
- 1:47:16to solve problems is to be able to
- 1:47:20adapt. And to be able to adapt is the
- 1:47:22basis of evolving, of evolution, of
- 1:47:25evolving as a human being, is evolving
- 1:47:26as a company. And so to take a step back
- 1:47:30and refine everything I just said
- 1:47:31because I just said a lot.
- 1:47:34Trust. Is it a person that you have
- 1:47:37trust in for an experiential level but
- 1:47:39also a personal level? That's one
- 1:47:41because you're working alongside them
- 1:47:42every single day and you don't want them
- 1:47:44to backstab you. Um two uh is there
- 1:47:50humility involved? Is this person
- 1:47:53willing to admit their mistakes so that
- 1:47:55they could learn from it? And are other
- 1:47:57people, including myself as like a CEO,
- 1:48:00not willing to punish people for
- 1:48:04mistakes just because they made one, but
- 1:48:07instead turn into a learning experience
- 1:48:08because you have the humility to be able
- 1:48:10to
- 1:48:11>> get past it. Which leads into the third
- 1:48:14thing. Are they a problem solver in that
- 1:48:16regard? If a mistake or a problem does
- 1:48:19happen in the business, do we all get
- 1:48:22together and it's just like like solving
- 1:48:25a problem should be fun? And in fact,
- 1:48:27like the way we build our company like
- 1:48:29you know in the past we used to have
- 1:48:31really ambitious milestones that we
- 1:48:33would try to hit and we would try to
- 1:48:34like do these like AOP annual operating
- 1:48:37plan sessions that were like we need to
- 1:48:40hit these goals this year like because
- 1:48:42this is how a startup should be growing.
- 1:48:45If you make your milestones simple
- 1:48:47enough that you could be able to hit
- 1:48:50them one, but it's still ambitious, you
- 1:48:53know, like but there has to be like
- 1:48:55clear, easily defined, accessible and
- 1:48:59reachable milestones for any business
- 1:49:01that everyone targets. That's so easy to
- 1:49:04understand.
- 1:49:05The morale of the company stays high
- 1:49:07because those milestones are, you know,
- 1:49:09it just takes a little bit of work to
- 1:49:11achieve them.
- 1:49:13It's a carrot that's dangling far enough
- 1:49:15away that people are still working
- 1:49:18because they know that they could grab
- 1:49:19it and then it creates this great
- 1:49:21culture of people that are working
- 1:49:24towards goals that are easy to
- 1:49:26understand.
- 1:49:28>> So that's that's kind of the framework
- 1:49:30for hiring and like how you build pro
- 1:49:33like um what are the problem solving
- 1:49:35mechanisms for those hires that everyone
- 1:49:37could work towards. But let's go one
- 1:49:40step back and help the fellow founders
- 1:49:43hire better. These are the things that
- 1:49:45you look for. What are the questions you
- 1:49:47ask in hiring so that you get to know
- 1:49:50these things? What's your favorite
- 1:49:51question to ask?
- 1:49:53>> What do you do for fun?
- 1:49:56>> What?
- 1:49:56>> What do you do for fun?
- 1:49:57>> Why? Why this?
- 1:49:58>> What do you do for fun?
- 1:49:59>> Oh, you're asking me? I'm asking you. I
- 1:50:02want to see how you answer.
- 1:50:05>> I love watching movies.
- 1:50:07>> Why do you like movies?
- 1:50:10Like what about movies is it that that
- 1:50:11you like?
- 1:50:12>> I I go from I have a big range. So I
- 1:50:15love watching movies because it always
- 1:50:16surprises me. Sometimes I'll watch like
- 1:50:18completely senseless action movie that
- 1:50:20one one person's punching from here and
- 1:50:22then they're flying out of the shop.
- 1:50:24>> And then sometimes I'll find really
- 1:50:27in-depth movies where I'm getting
- 1:50:29inspired or like finding some crack. So
- 1:50:31I love this range of emotions which
- 1:50:33makes me more human. That's why I like
- 1:50:35movies and that's what I do for fun. So
- 1:50:37now I just learned about you from what
- 1:50:39you do outside of work that there's a
- 1:50:42range of emotions like at a human level
- 1:50:44that you're tapping into when you watch
- 1:50:46movies which you love because of this
- 1:50:48that like when you ask about just
- 1:50:52experiences we're not transaction like
- 1:50:54humans shouldn't be transactional like
- 1:50:56things are transactional but you know
- 1:50:57humans shouldn't be transactional rather
- 1:51:00it is how are you creating an
- 1:51:02environment for not just yourself but
- 1:51:05all other employees where the things
- 1:51:08that we do outside of work, who what
- 1:51:10we're personally passionate about are
- 1:51:12able to be utilized to bring new
- 1:51:15opinions, new thoughts to create a
- 1:51:19company that's not just we sell product
- 1:51:21to make money,
- 1:51:23>> right?
- 1:51:24>> And then that's culture.
- 1:51:26That's new ideas to solve problems
- 1:51:29because you could a problem requires
- 1:51:31different angles to solve. Um, and
- 1:51:35that is uh ultimately someone that you
- 1:51:38could trust because you know that
- 1:51:39they're human.
- 1:51:41>> Interesting. So you would ask let's say
- 1:51:44>> and this is me hiring at a CEO level by
- 1:51:45the way. So this is me asking those
- 1:51:47questions.
- 1:51:48>> Let's take a step back actually
- 1:51:50>> because if you're a starting
- 1:51:52entrepreneur,
- 1:51:54what are the exact things that you need?
- 1:51:59Right? someone that's willing to stay up
- 1:52:01with you because you're just launching a
- 1:52:03business and that requires an extra
- 1:52:05level of work. So, what's that
- 1:52:08personality trait that you're looking
- 1:52:09for for that person that's driven and
- 1:52:12ambitious enough to do that more so than
- 1:52:14experience? Although experience does
- 1:52:16help. M. And then on top of that, if
- 1:52:20someone is working so so hard in your
- 1:52:23communication piece, are you realizing
- 1:52:26that that person is not going to break
- 1:52:29and crack under stress and pressure and
- 1:52:31turn into like the worst employee you'll
- 1:52:33ever hire? And there's this book
- 1:52:36actually the co-founder of RXBar, Jared,
- 1:52:40um Jared Smith, who's also a great
- 1:52:42friend of mine, uh recommended when we
- 1:52:45first started. is a book called who the
- 1:52:47process to hire fantastic book and it
- 1:52:49goes through and I recommend everyone
- 1:52:52read it alongside high output management
- 1:52:54from the CEO of IBM those are two great
- 1:52:56books that tie in with each other.
- 1:52:59What is the scorecard that you are
- 1:53:01building from a culture experience um
- 1:53:04and output model to find the right
- 1:53:07employee and then with the high output
- 1:53:09management he talks about the machine.
- 1:53:11If you are building a machine, a machine
- 1:53:14could just be all this work and engine
- 1:53:17cranking um like a big engine that's
- 1:53:20cranking to create the output. But
- 1:53:22eventually as a company grows, you want
- 1:53:24higher output. So you start adding more
- 1:53:26gears into it. You have to have the
- 1:53:29understanding through your hiring what
- 1:53:31those most efficient gears are to get
- 1:53:34the highest output. And so when you
- 1:53:36combine those two thought processes
- 1:53:38together, the scorecard of the culture,
- 1:53:40the trust, the problem solving, all all
- 1:53:42that stuff uh and the experience into
- 1:53:45you as CEO, the vision of what's going
- 1:53:47to be the most efficient thing, the most
- 1:53:50important gears to put into your machine
- 1:53:52to get the best output,
- 1:53:54you start creating a framework for
- 1:53:57organization. You start creating a
- 1:53:59framework for what you need to hire. and
- 1:54:02you don't think about gears that don't
- 1:54:05make sense.
- 1:54:06>> Interesting. Wow. It's a pretty
- 1:54:09complicated one to actually implement,
- 1:54:11but it's a great way to start thinking
- 1:54:13about a framework when you're when
- 1:54:15you're hiring or trying to build a
- 1:54:17culture because that scorecard is going
- 1:54:18to reveal a lot of things about you and
- 1:54:20how you're going to take decisions in
- 1:54:21your company.
- 1:54:22>> Yeah, exactly. And again, like I like
- 1:54:24asking the what do you do for fun
- 1:54:25question because like at my level, I'm
- 1:54:27like the last Yeah.
- 1:54:29>> interview, right? To me, I just want to
- 1:54:31know that who we're hiring is a human
- 1:54:33being at the end of the day. Like
- 1:54:35someone that's not in there just to do
- 1:54:37the work because like work's work, but
- 1:54:41someone who's passionate, cares about
- 1:54:43the business, brings new insights is
- 1:54:45leveling everyone else up.
- 1:54:47So why? So, okay. So, for you to know,
- 1:54:52it is important for you to know that I
- 1:54:54watch movies and I enjoy range of
- 1:54:55emotions because you want to see that
- 1:54:57I'm not a robot.
- 1:54:59That's part that's kind of partly it. I
- 1:55:01mean, a company is made of people
- 1:55:03>> and I want to be hanging out with a
- 1:55:04bunch of people I like.
- 1:55:06>> Yeah. Like you want to test like can I
- 1:55:08actually enjoy certain emotions and that
- 1:55:11I can tell you through what I do for
- 1:55:12fun. Even if I'm like competitive sports
- 1:55:14athlete outside, you'll get to know,
- 1:55:16okay, there's competition, there's
- 1:55:18compassion, there's empathy for team
- 1:55:19members, there's this guy knows how to
- 1:55:21lose, this guy know how to win. And
- 1:55:23what's also awesome is like and and if
- 1:55:25the thing you said that was fun is
- 1:55:28really unique. That's really interesting
- 1:55:31to me. If it was something that's so
- 1:55:34different from what everyone else does
- 1:55:36in like a way that I know is not going
- 1:55:37to fit. Then when everyone gets together
- 1:55:40like it's so much more fun. What's crazy
- 1:55:44is like when everyone gets together when
- 1:55:46they're in the office
- 1:55:48they're always talking about work.
- 1:55:51Like you've been in that environment
- 1:55:52before, they're always talking about
- 1:55:53work. But in that moment of work, if
- 1:55:56there's unique things about people, that
- 1:55:59unique thing comes into that
- 1:56:00conversation of work. And so like the
- 1:56:02work becomes that much more of a bigger
- 1:56:06web to pull. It's
- 1:56:08>> it's like cool to see actually when like
- 1:56:10so many different opinions come into
- 1:56:12play and then it turns into this like
- 1:56:15whoa, I never thought like someone's
- 1:56:17into trapeze or something. Whatever. Who
- 1:56:19cares? Like
- 1:56:21like, "Wow, that's how you like think
- 1:56:24about fear as a trapeze artist. Now
- 1:56:27you're translating that into your
- 1:56:30business." Like how I overcome fear to
- 1:56:32do this thing, right? It's it's in like
- 1:56:36I'm I'm a creative at that. I I paint
- 1:56:38murals. I do art, you know. Also, like
- 1:56:41what makes a good artist to be able to
- 1:56:43take all your different experiences and
- 1:56:46distill it down into you and then output
- 1:56:50it into a visual language.
- 1:56:52>> Nice.
- 1:56:52>> And I think it's the same way with the
- 1:56:53business.
- 1:56:54>> Nice. See, there there's definitely a
- 1:56:57reason you you're so well thought of and
- 1:56:59you think about so many little things
- 1:57:01and so many things in such a deeper
- 1:57:02level. It's very refreshing and
- 1:57:04interesting to talk to you.
- 1:57:06>> Thanks. I'm like really happy we did
- 1:57:08this and that probably is the reason why
- 1:57:11you're one of these rare brands which is
- 1:57:14growing globally which is
- 1:57:18a D2C brand going global is is very
- 1:57:22rare. It's it's probably unheard of so
- 1:57:25fast like that's that's another thing
- 1:57:28because it's difficult. You usually need
- 1:57:30like a large giant like universe of the
- 1:57:32world to go global.
- 1:57:33>> No. And they usually mess it up.
- 1:57:37Yeah, like it's it's very difficult. So
- 1:57:39how how are you going global so fast so
- 1:57:42nicely and every country is accepting
- 1:57:44you? I think well I mean you talked to
- 1:57:48Ravi and Anna and like them like Anna's
- 1:57:51awesome like you know these people that
- 1:57:53we work with and I
- 1:57:56if there's different
- 1:57:59cuz I don't know the culture of India
- 1:58:01obviously and you need to work with the
- 1:58:02localization agency but a lot of
- 1:58:04localization agencies that you typically
- 1:58:06tend to work with look at your product
- 1:58:08they look at your marketing documents
- 1:58:10and then they're just like okay let's
- 1:58:11just sell the products into these
- 1:58:13different areas
- 1:58:14what Anna and the team and Lubo and all
- 1:58:17those guys did who like I talk to all
- 1:58:19the time and they have the same like fun
- 1:58:21personality. They have so many unique
- 1:58:23different perspectives um and they bring
- 1:58:26to the Indian market with Saga and all
- 1:58:28those guys to to the table is
- 1:58:32what are all these fun unique things
- 1:58:33that Neuro is doing in the US and what
- 1:58:36is that exact same or similar thing that
- 1:58:40exists in India that we could tap into.
- 1:58:43So, you know, they're tapping into like
- 1:58:44the engineers. Like, we've been talking
- 1:58:46about that. They're tapping into the
- 1:58:47engineers. They're doing these like fun
- 1:58:49pop-up events that tap into that exact
- 1:58:52same audience like the influencers that
- 1:58:54they're using or all like that same they
- 1:58:57carry that same feeling and brand
- 1:58:59tonality. And if you don't have clarity
- 1:59:02around and also like I have very hard
- 1:59:03phone calls with them from time to time,
- 1:59:05you know, I'm like why the hell are we
- 1:59:08doing this? This doesn't fit our brand.
- 1:59:10Because if you lose that essence of the
- 1:59:12brand, it could be for a different
- 1:59:13culture and that's fine. But the essence
- 1:59:15of human beings is still the same
- 1:59:17>> no matter where you go.
- 1:59:18>> Yeah.
- 1:59:19>> And it's the same with the brand. If you
- 1:59:20lose that essence, then that brand
- 1:59:22starts turning to this other thing and
- 1:59:24that's where they fail eventually cuz
- 1:59:25they're just spending money spending
- 1:59:26money to try to make something that's
- 1:59:27not them work.
- 1:59:28>> But I still didn't get like how are you
- 1:59:31growing like how every country is
- 1:59:32accepting you because you hire local.
- 1:59:34That's why
- 1:59:35>> local is it? But there has to be
- 1:59:37something else which is so unique and
- 1:59:38global that you're you're able to expand
- 1:59:40this so fast like why
- 1:59:42>> how is your word or your brand's name is
- 1:59:47reaching countries before your product.
- 1:59:49So, I think, you know, I wish it was I
- 1:59:54wish there was like a formula to it, but
- 1:59:56you know, like again, like I said at the
- 1:59:58very beginning of the podcast, um the
- 2:00:00decisions you make all lead to the
- 2:00:02synchronicity of timing, which equals
- 2:00:04luck
- 2:00:05>> and for us, Joe Rogan has a global
- 2:00:07audience. We partnered chess.com, the
- 2:00:09founder of chess.com, Danny, loves our
- 2:00:11product. So, we partner with chess.com.
- 2:00:13And guess where more people play chess
- 2:00:16than any other place in the world?
- 2:00:17India.
- 2:00:17>> India. like so we've had this huge
- 2:00:21audience in India already. We realized
- 2:00:23that there was a manufacturing hub that
- 2:00:24we could create in India that was
- 2:00:26effective.
- 2:00:27>> So we launched into it. Now our margins
- 2:00:29are good. Chess.com is big. People
- 2:00:31listen to Joe Rogan out there. Um that
- 2:00:34was like a really easy entry point from
- 2:00:36the big launch thing we were talking
- 2:00:39about earlier. Like oh how do you make a
- 2:00:40big splash before you enter into a a
- 2:00:44country? And then when you back that up
- 2:00:47with all the little micro influencers
- 2:00:49that are adjacent to it, now we start
- 2:00:52growing. And then how do you keep
- 2:00:54amplifying that? We haven't started with
- 2:00:56creators yet in India, but we have
- 2:00:58started with influencers. And that's a
- 2:01:00start into getting into creators. And
- 2:01:03now there's already chess.com.
- 2:01:07How do we blast out to all the chess
- 2:01:08influencers in the world, you know, like
- 2:01:10into the Indian market? Like that's
- 2:01:12already a community we tapped into.
- 2:01:14That's their Pilates.
- 2:01:15>> Yeah.
- 2:01:16>> Right.
- 2:01:17>> And now what's the next thing?
- 2:01:18>> Yeah. Mental Pilates. Now what's the
- 2:01:20next thing? And keep going and keep
- 2:01:21going.
- 2:01:22>> And so we tried to be conscious about
- 2:01:24the places we we launched. You know,
- 2:01:26India wasn't really on my list of places
- 2:01:28to launch. But it like all just made too
- 2:01:30much sense from the the fact that it's a
- 2:01:33young developing economy, engineers, uh
- 2:01:36chess chess being big there. Um the
- 2:01:38influencers that we use in the US
- 2:01:40translating to the places over there.
- 2:01:42Um,
- 2:01:43so it's it's so funny that again
- 2:01:48decision and timing equals
- 2:01:49synchronicity. The synchronicity of all
- 2:01:51those things that we were doing in the
- 2:01:53US happened to line up with a great team
- 2:01:56that we had in India to be able to
- 2:01:57launch and find success there very very
- 2:02:00quickly.
- 2:02:00>> And why India?
- 2:02:02There are so many countries in the
- 2:02:04world.
- 2:02:04>> Dude, I mean all again all those things.
- 2:02:07India, dude, India's on the comeup.
- 2:02:11It's pretty sick like you saw the come
- 2:02:13up
- 2:02:14>> like
- 2:02:15>> American movie culture there you start
- 2:02:17seeing like more Indian actors Bollywood
- 2:02:20is the second biggest
- 2:02:23like conglome media entertainment
- 2:02:25conglomerate in the world there are
- 2:02:28people like um what was his name Khan um
- 2:02:32like there's some people that have more
- 2:02:34followers than like
- 2:02:36>> are you talking about Shadow Khan
- 2:02:37>> Shadow Khan he's like a god you know
- 2:02:40it's crazy is in India. Yeah.
- 2:02:42>> But like and then again there's so much
- 2:02:46investment that was going and I actually
- 2:02:48have investments in India too because
- 2:02:51the community of all those people that
- 2:02:53were being outsourced to the United this
- 2:02:55is getting into econ economics by the
- 2:02:57way but um what's so crazy is like 10
- 2:03:00years ago all these Indian engineers uh
- 2:03:03there was a workforce being built out
- 2:03:05there because they were all outsourced
- 2:03:06labor into the United States. Now that
- 2:03:08we've reached this technological
- 2:03:10revolution that's global, those
- 2:03:13engineers are leaders in their industry
- 2:03:17building technological hubs in India
- 2:03:20which has a lot of resources, a lot of
- 2:03:23incredible universities with young
- 2:03:24talent becoming even better engineers
- 2:03:28and a lot of opportunities because India
- 2:03:32is going from a third world economy like
- 2:03:35similar to how China was like 20 30
- 2:03:37years ago, with dang it's like it was
- 2:03:40becoming a third world second world into
- 2:03:42a first world economy and I think the
- 2:03:44that gap of the middle class is creating
- 2:03:47a lot of um incredible space for people
- 2:03:52to build innovation technology and
- 2:03:54things like that
- 2:03:55>> true and I completely agree with
- 2:03:57everything that you said and more agree
- 2:03:59I agree more with the part that you said
- 2:04:01India's young ambitious audience so
- 2:04:04that's a product like these like make
- 2:04:05complete sense because The ambition is
- 2:04:08on the rise like you
- 2:04:10>> you have these you have so many
- 2:04:12countries which are
- 2:04:14who are coming back and but the age is
- 2:04:18not on the side.
- 2:04:19>> Yeah.
- 2:04:19>> The you know the ambition the hustle is
- 2:04:22not on their side. The income is on
- 2:04:24their side and they're making more money
- 2:04:25and they're getting richer and richer
- 2:04:27but the hustle and ambition and this all
- 2:04:29innovation wave India is like just
- 2:04:32getting started.
- 2:04:33>> It's pretty cool man.
- 2:04:34>> Pretty cool. It's the time to be in
- 2:04:36India and keep building it.
- 2:04:38>> Yeah. Yeah.
- 2:04:39>> Here's a question. What's the most
- 2:04:42expensive mistake you made during your
- 2:04:47during your neuro career?
- 2:04:49>> So many expense. I mean,
- 2:04:51>> there one mistake that all founders
- 2:04:53should avoid and you were like I you put
- 2:04:55in bunch of dollars and then you got
- 2:04:57like
- 2:04:58>> dude. I'm gonna name a hundred mistakes,
- 2:05:01man. Like there's so many mistakes. I
- 2:05:04mean, even going from
- 2:05:07like certain packaging, you're investing
- 2:05:10into certain places you're ordering
- 2:05:12packaging from, um, influencers that
- 2:05:15you're hiring that do like literally
- 2:05:16nothing, although they have a huge name.
- 2:05:18It's like, how does someone with
- 2:05:20millions of followers not like do
- 2:05:21generate any money?
- 2:05:23>> Zero links.
- 2:05:24>> But yeah, it's it's mind-blowing. Um, so
- 2:05:31let me flip that question because this
- 2:05:33is something I' I've mentioned before
- 2:05:34and it's um it's a great story
- 2:05:37>> and it's what allowed us to become
- 2:05:39friends with one of the sharks on Shark
- 2:05:41Tank.
- 2:05:42>> And go back Daniel Lubetski, founder of
- 2:05:43Kindar.
- 2:05:45>> It wasn't necessarily a mistake, but
- 2:05:49um it was a little bit of planning that
- 2:05:52could have happened with our trademark.
- 2:05:55Uh we secured it for our category gum
- 2:05:58and mints everything. Um it was very
- 2:06:00strong and we went on Shark Tank as Nuro
- 2:06:03and after we launched you know to us it
- 2:06:06was very successful like although we
- 2:06:08didn't get a deal
- 2:06:10a company owned by someone worth $100
- 2:06:13million came in and sued us.
- 2:06:16>> Why?
- 2:06:16>> Uh because she she had a company called
- 2:06:18Neuro Drinks that she was just like you
- 2:06:21took my name this that I'm worth all
- 2:06:23this money. Yeah, I'm going to sue you
- 2:06:24guys into the ground. And Ryan and I I
- 2:06:27just remember it was like that would
- 2:06:29have been the most expensive. I mean, it
- 2:06:31would have bankrupted our company for
- 2:06:33sure because this person had so much
- 2:06:34money and we just like we were a
- 2:06:36startup.
- 2:06:38>> Ryan DM'd Daniel Lubeki on Instagram,
- 2:06:43who's worth $3 billion by the way. Um,
- 2:06:45and was like, "Daniel, you said we could
- 2:06:48come and ask for your help if we ever
- 2:06:50needed it on the show." Well, this is us
- 2:06:53asking for help. We're being sued and
- 2:06:54our company's going to go under unless
- 2:06:56someone helps us. Janu Lubetski hopped
- 2:06:58onto that call with that lady and was
- 2:07:00like, "Look, lady, I'm worth 30x more
- 2:07:02than you. Like, I know you're worth
- 2:07:03hundreds of millions of dollars, but I'm
- 2:07:04literally worth way more than you. Uh,
- 2:07:07these are my friends. If you don't back
- 2:07:08off from this lawsuit, like, I will
- 2:07:11counter sue you. I will back these guys
- 2:07:13up and I'll run you into the ground."
- 2:07:16And the lady backed off. No way. Saved
- 2:07:19our business. Three years later, we go
- 2:07:21back on Shark Tank and Daniel Levesky
- 2:07:23invest in us.
- 2:07:26>> Isn't that crazy?
- 2:07:27>> Wow.
- 2:07:28>> Yeah. So, I think it was one of those
- 2:07:30things where it's not necessarily a
- 2:07:31mistake. I mean, we could have done the
- 2:07:32pre-planning and everything, but it was
- 2:07:34a moment where it would have destroyed
- 2:07:35our business.
- 2:07:36>> And
- 2:07:38>> there's no mistakes, right? There's no
- 2:07:39mistakes. Everything's an opportunity to
- 2:07:41problem solve. That was a moment that we
- 2:07:44took the opportunity that Daniel said,
- 2:07:46never close that door, and ask for help.
- 2:07:49And with that help, we're now the only
- 2:07:52brand to go back on Shark Tank, who
- 2:07:53didn't get a deal the first time, get a
- 2:07:54deal the second time.
- 2:07:55>> But dude, such a kind human being. He's
- 2:07:58the best. Kind He literally represents
- 2:08:02the name of his brand. Kind
- 2:08:04>> Exactly. This is values.
- 2:08:07Incredible value. He was not your
- 2:08:09friend. He had no no vested interest. He
- 2:08:12didn't even ask a piece of your business
- 2:08:14after that. Nothing at all. He didn't
- 2:08:16use that as a leverage be like, "Hey,
- 2:08:17I'm going to help
- 2:08:19nothing. He was an entrepreneur that
- 2:08:21knew how hard it was to be to build a
- 2:08:24business. And he came and was just like,
- 2:08:26"These kids are ambitious,
- 2:08:29young, they're building something great.
- 2:08:32I'm not going to let a stupid lawsuit
- 2:08:34hold them back."
- 2:08:35>> Wow. Pretty cool, right? Very cool. Very
- 2:08:38good. Um, these are the stories that
- 2:08:40love I love. This is you in the startup
- 2:08:44community. You must have heard this a
- 2:08:45lot. This is what we call pay it
- 2:08:47forward.
- 2:08:48>> Exactly.
- 2:08:49>> Right. And that's why entrepreneurs help
- 2:08:51other entrepreneurs so much. And I love
- 2:08:53this community all around the world. No
- 2:08:55matter what size you are, you're making
- 2:08:57like $100,000 or you're making like
- 2:08:58hundred billion. If you're an
- 2:08:59entrepreneur saying you've done it all
- 2:09:01your all by yourself,
- 2:09:03>> you started it. You're the first
- 2:09:04generation. You know how it is. And you
- 2:09:06pay it forward.
- 2:09:07>> It's And you know, you don't see that in
- 2:09:09the
- 2:09:10>> in these large corporate greed joints.
- 2:09:12They don't help. They
- 2:09:13>> cuz they don't know.
- 2:09:14>> Yeah. Yeah,
- 2:09:15>> they've never had to deal with like
- 2:09:17Daniel was making his bars in his
- 2:09:19kitchen, you know, like was going
- 2:09:21through the struggle wearing the Kind
- 2:09:23bar suit, running around as a like Yeah,
- 2:09:26he looks like a serious entrepreneur
- 2:09:27now, but he did all the same things we
- 2:09:29did.
- 2:09:30>> Yeah.
- 2:09:30>> You know,
- 2:09:31>> this is Dude, this is so amazing.
- 2:09:34>> It's cool.
- 2:09:34>> It's the best. Starting a start a
- 2:09:37business.
- 2:09:37>> Yeah.
- 2:09:38>> People will help you. Trust me.
- 2:09:39>> You the best. It's hard, but it is the
- 2:09:42most rewarding thing in the world. Yep,
- 2:09:44it is, man. It's amazing. I I love it.
- 2:09:47That was such a good story. Ah,
- 2:09:49>> yeah.
- 2:09:50>> So, that wasn't that would have been a
- 2:09:51costly experiment.
- 2:09:54>> Really costly for you.
- 2:09:56>> And do you know who doesn't care?
- 2:09:57Actually, like entrepreneurs care and
- 2:09:58will help you. Lawyers do not care.
- 2:10:01>> They'll be like, "Okay, yeah, we'll help
- 2:10:02you, but
- 2:10:03>> yeah, give me money."
- 2:10:04>> How much money do you have in your bank?
- 2:10:0610 million. I can make it work.
- 2:10:07>> Yeah. Yeah.
- 2:10:09Why do you need to know that?
- 2:10:12>> Nice. Okay. Here's if if an entrepreneur
- 2:10:16is watching there's someone who want to
- 2:10:18become an entrepreneur want entrepreneur
- 2:10:19okay
- 2:10:20>> wants to build a brand don't know in
- 2:10:22which category where do you think what
- 2:10:25is the next category or what is this one
- 2:10:28idea where somebody could build a
- 2:10:30billion dollar brand next
- 2:10:33>> which do you feel like if you were you
- 2:10:35if you were building it again and you
- 2:10:36would have built in this category
- 2:10:38because it's untapped
- 2:10:40>> I mean there's a boom with AI obviously
- 2:10:43right now and there's fast sales
- 2:10:44happening, but I I do think that it's
- 2:10:46like you're not really building a brand,
- 2:10:49you know?
- 2:10:51I do think in the future stress is going
- 2:10:55to be a very very big thing like we were
- 2:10:57talking about and we're going to be so
- 2:11:00digitally trapped. I mean, I have like
- 2:11:02apps that block my apps like on my
- 2:11:04phone, you know, so I I try not to be on
- 2:11:06social media too often, but uh unless I
- 2:11:09need to. But I think there's going to be
- 2:11:12a culture of this next generation that's
- 2:11:16going to want to find fulfillment
- 2:11:18outside of the digital space. So any
- 2:11:22product that satisfies that I think will
- 2:11:26be very very big. I don't know what it
- 2:11:29is but there is definitely with with
- 2:11:32every movement there's a counterculture.
- 2:11:34So there's a way to tap into that
- 2:11:35counterculture.
- 2:11:38So stress and and
- 2:11:41>> cutting down the chaos like just that
- 2:11:43that kind of like I there's
- 2:11:46>> what form factor what do you think like
- 2:11:48so you want to you want to solve stress
- 2:11:51>> so there's companies like brick that are
- 2:11:53doing the like over $und00 million have
- 2:11:56you heard of brick?
- 2:11:56>> No. What are they doing? It is literally
- 2:11:58just an attachment to your phone that
- 2:12:01blocks all your social media and then
- 2:12:03you put it and then only when you put it
- 2:12:05on a device like you could access all
- 2:12:06your social media as much as you want.
- 2:12:08So when you're out and about like you're
- 2:12:11present.
- 2:12:11>> Nice. I like that.
- 2:12:13>> Such a simple idea, you know, but it's
- 2:12:15crazy. There's like non-s smartphones
- 2:12:18coming out now. Like I heard college
- 2:12:20kids are using Nokia phones again
- 2:12:22because they want to be more present.
- 2:12:24Like I I think that's going to be a
- 2:12:27really big especially with AI the the
- 2:12:30trust on the internet is deteriorating
- 2:12:34pretty fast. So, where are people going
- 2:12:37to go find trust now? In person events,
- 2:12:40between their friends, smaller
- 2:12:42communities,
- 2:12:43you know,
- 2:12:45>> how do you tap into that? And I don't
- 2:12:47know a product. I mean, you know, it
- 2:12:49could be anything like literally
- 2:12:51>> a gum,
- 2:12:51>> like a gum. Yeah. It could be anything
- 2:12:54like a drink. But I I think it has to
- 2:12:58like exist within that like framework
- 2:13:01for the future if you're thinking it
- 2:13:03forward or you ride the wave of what
- 2:13:06exists now you go crazy on AI like it's
- 2:13:09it's either.
- 2:13:10>> Yeah. Yeah. True.
- 2:13:13>> True. The stress is going to be a big
- 2:13:15market and usually throughout the
- 2:13:17history sex, stress, sleep, these are
- 2:13:19like three biggest markets no matter
- 2:13:20what you do.
- 2:13:21>> That's never going to change by the way.
- 2:13:23That's never ever going to change. And
- 2:13:25any pick up, any body part,
- 2:13:29any feeling internal or external, you
- 2:13:32can just think of these three things and
- 2:13:34make a product. Just play the match the
- 2:13:36following and play it.
- 2:13:37>> Yeah.
- 2:13:37>> So think about like hair. So hair loss,
- 2:13:40you can just match like oh because of
- 2:13:42stress, hair loss, boom. And then
- 2:13:44>> psychological triggers
- 2:13:45>> and then you make something out of it.
- 2:13:46No,
- 2:13:47>> you want to make let's say lack of sleep
- 2:13:49then like let's say lack of sleep
- 2:13:51because of stress because of bad sex
- 2:13:54because of tessterone up and down
- 2:13:55whatever like cortisol up and down just
- 2:13:58stuff like that you can just play match
- 2:13:59the following between these three and
- 2:14:01like any body part and you can build a
- 2:14:03brand
- 2:14:03>> you know what's so fun
- 2:14:04>> in a new form factor
- 2:14:05>> as an economy becomes more and more uh
- 2:14:10comfortable in many ways and like we
- 2:14:12live in a very comfortable econ it's a
- 2:14:14little stressful now like with political
- 2:14:15tension But people have the opportunity
- 2:14:20to think about those things like they
- 2:14:24start thinking more deeply about like
- 2:14:26how do I
- 2:14:28better my life in some way. So
- 2:14:31that's an opportunity like you know I've
- 2:14:33been talking to my friends about I think
- 2:14:35perry menopause is really interesting.
- 2:14:36I'm obviously not a woman, but my wife
- 2:14:39just gave birth and like I know she's
- 2:14:42probably going to see it, but all these
- 2:14:44people, these women, more women got
- 2:14:47hired into the workforce last year than
- 2:14:49men did for the first time in a very,
- 2:14:51very, very long time in American
- 2:14:53history. And now there's 35 to 40
- 2:14:5745year-old executive females that want
- 2:15:00to be as ambitious as males, but their
- 2:15:02biological systems make it kind of hard
- 2:15:05because they're going through
- 2:15:05parmenopause. You know, they're going
- 2:15:07through like there's just things, right?
- 2:15:09Like biologically men and women are
- 2:15:11different. And so I do think there's a
- 2:15:14major opportunity there for these
- 2:15:17ambitious women coming into the
- 2:15:19workforce that are making a real big
- 2:15:20impact to tap into that community in the
- 2:15:24same way men got tapped into like maybe
- 2:15:2610 years prior.
- 2:15:27>> True. True. I also feel on the other
- 2:15:30side
- 2:15:32just like ambitious women as a big
- 2:15:34category and big opportunity for people
- 2:15:35to build brands. I think there's a big
- 2:15:37category and big opportunity for male
- 2:15:39hormones. Nobody talks about there can
- 2:15:42be a new category to be built.
- 2:15:43>> I agree. I agree. How you feel? Right.
- 2:15:46>> Okay. Here are the last three questions
- 2:15:49which I ask everybody. Yeah. There's
- 2:15:51like oneliners.
- 2:15:53>> So first is
- 2:15:54>> should I be nervous?
- 2:15:55>> No. No. No. These are like the basic
- 2:15:57ones but I like asking them because it
- 2:15:59tells me a lot about other person. So I
- 2:16:00I like it.
- 2:16:02>> What is one advice that nobody should
- 2:16:04follow?
- 2:16:06>> Um
- 2:16:08hard work. it. How do I frame it? Um
- 2:16:14like I'll sleep when I'm dead. That
- 2:16:17that's a good way to phrase it. I see
- 2:16:19these entrepreneurs that work themselves
- 2:16:21to death. You know, they're like sleep
- 2:16:23is for the week. I was like this, you
- 2:16:26know,
- 2:16:26>> I was like this till 6 months ago.
- 2:16:29>> And don't you feel better?
- 2:16:31>> Much better.
- 2:16:32>> And you're thinking more clearly. And do
- 2:16:34you know the most important thing for a
- 2:16:36leader is this? How your brain works.
- 2:16:38And when you're sleeping 2 3 4 hours a
- 2:16:40night, I mean, which I was doing, I was
- 2:16:42sleeping like I would do this thing
- 2:16:43called the Superman cycle. I would sleep
- 2:16:45for literally an hour and a half, force
- 2:16:48myself to wake up, work for 4 hours,
- 2:16:50sleep an hour and a half like throughout
- 2:16:52the day. It was I I killed myself. It
- 2:16:55was crazy. So, this idea of I'll sleep
- 2:16:58when I'm dead. I'm going to work my ass
- 2:16:59off right now and I don't need sleep is
- 2:17:02advice no one should follow. I mean
- 2:17:05actually the David Sinclair episode cuz
- 2:17:07we were talking about it also. Um the I
- 2:17:10think like the four things stop drinking
- 2:17:12so much, sleep well and go work out and
- 2:17:14then uh don't be stressed.
- 2:17:17>> Simple things.
- 2:17:18>> Simple things but that I think is a good
- 2:17:20mantra for how you could operate at your
- 2:17:22highest level.
- 2:17:23>> True. True. What is the most
- 2:17:25extraordinary thing you want to do next?
- 2:17:27I think there's so we only have one
- 2:17:30planet to live on and um very
- 2:17:32unfortunately I think as human beings
- 2:17:35and with innovation and the beauty of
- 2:17:36innovation um we destroy a lot of
- 2:17:40resources to be able to get there. I
- 2:17:43think there's an incredible opportunity
- 2:17:45and untapped opportunity with the ocean.
- 2:17:48how many things are undiscovered with
- 2:17:50the ocean that I would love to go into,
- 2:17:53especially as someone that I love spear
- 2:17:55fishing, you know, sustainable practices
- 2:17:57to catch fish. Um I think uh I grew up
- 2:18:01next to the ocean. I love surfing, all
- 2:18:02those things. It's so the next
- 2:18:05extraordinary thing that I would love to
- 2:18:07dive into um one of them is how do we
- 2:18:12build more sustainable ecosystems
- 2:18:15leveraging
- 2:18:16the largest
- 2:18:18um the largest resource we have which
- 2:18:21makes up 70% of the world the ocean.
- 2:18:25>> Nice. What cost did you pay to become
- 2:18:28the founder of a brand which is one of
- 2:18:30the fastest growing brands in the world?
- 2:18:35So,
- 2:18:36you know, I've never had a W2, like I
- 2:18:38said, like an employment document.
- 2:18:41The first
- 2:18:43after college, my friends got tech jobs.
- 2:18:47They were making good money. I was
- 2:18:50sleeping on couches. I was staying in
- 2:18:52hospitals, you know, I was picking up
- 2:18:54odd jobs. And through that process, I
- 2:18:57unfortunately lost friends who
- 2:19:00didn't like know how to hang out with me
- 2:19:02during those times, obviously because
- 2:19:04they were making so much money in tech.
- 2:19:06Um,
- 2:19:08it was a blessing in disguise because
- 2:19:10those friends that I lost during that
- 2:19:12time period, I realized weren't really
- 2:19:14true friends though. And then those
- 2:19:16friends that even who did have those
- 2:19:18tech jobs who are still like some of my
- 2:19:19best friends now
- 2:19:22stuck with the ambitions that we had
- 2:19:26knowing that like we were doing
- 2:19:28something great to create what we're
- 2:19:29doing. So, um
- 2:19:33I don't know. I I guess the sacrifices I
- 2:19:35I didn't really live like a a typical,
- 2:19:38you know, like I didn't party that much
- 2:19:39in college because I was fighting all
- 2:19:41the time as a professional fighter and I
- 2:19:42was traveling, but that's like the only
- 2:19:45world I knew. So, it doesn't feel like
- 2:19:47it doesn't feel like I missed out on
- 2:19:49anything. Like I lived a great life.
- 2:19:51After college, I did I wanted to do my
- 2:19:53own thing. So I did all these things
- 2:19:55that were stressful and tiring and
- 2:19:57whatever, but
- 2:19:59I had so many crazy experiences because
- 2:20:02of that, you know. So like
- 2:20:05that question
- 2:20:07like you can see the optimism in me, you
- 2:20:09know, like
- 2:20:10>> I don't even think about stuff like
- 2:20:12that. Like I don't even think about like
- 2:20:14>> there are no sacrifice.
- 2:20:15>> Yeah. Like there's no sacrifices.
- 2:20:17Everything is for a reason and that's
- 2:20:19why I'm here and I'm grateful to be here
- 2:20:20obviously. But the friends that you lost
- 2:20:22during the process, the sleep that you
- 2:20:24lost or like the maniac that you became,
- 2:20:26all of that or would you do it again?
- 2:20:28>> Oh yeah.
- 2:20:29>> Oh yeah.
- 2:20:30>> So there's no sacrifices. Love it.
- 2:20:31>> There's no sacrif Yeah. It's all it was
- 2:20:33all worth it. No regret.
- 2:20:34>> And it's going to be worth it. Pressure
- 2:20:36makes diamonds. Like just you just kind
- 2:20:38of have to keep going, you know? Like
- 2:20:39everything is worth it if you believe
- 2:20:41it's going to be worth it. But you have
- 2:20:43to believe.
- 2:20:44>> Yeah. Law of attraction.
- 2:20:45>> Yeah. I I believe in all of those things
- 2:20:47as well. Yeah.
- 2:20:48>> Well, thank you so much. It was a
- 2:20:50pleasure having you. Thank you so much
- 2:20:51for doing this
- 2:20:53>> and bearing with us for a couple of
- 2:20:54hours.
- 2:20:55>> That was great. Thanks, man.
- 2:20:57>> Thank you. Thank you for watching this
- 2:20:59episode till the end. We would love to
- 2:21:01know what you liked or disliked about
- 2:21:03this episode and which guests you would
- 2:21:05like to see on the show. Let us know in
- 2:21:07the comments. Your feedback help us
- 2:21:09improve and make every episode a little
- 2:21:12better. I'll see you next time. Until
- 2:21:14then, keep figuring out.
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