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How Bloom Built the Playbook Every Founder Will Copy in 2026 — Transcript

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  1. 0:00Your reputation is [ __ ] everything.
  2. 0:02If you're not all in, you're going to be
  3. 0:03beat by the person who's all in.
  4. 0:05>> That's Greg, co-founder of Bloom, a
  5. 0:07brand that's on track to do half a
  6. 0:09billion dollars in sales this year. I
  7. 0:11never reinvent the wheel. We take a
  8. 0:12wheel that's already existing and we
  9. 0:14make it 10 times better. The white space
  10. 0:16wasn't making a greens powder. The white
  11. 0:18space was distribution, accessibility,
  12. 0:20palletability. So, how can you look at a
  13. 0:23category that is saturated but find the
  14. 0:25white space within it? In this episode,
  15. 0:27Greg breaks down the systems behind 15
  16. 0:30billion views, 50,000 plus retail doors,
  17. 0:32and how he built a Tik Tok army with his
  18. 0:34wife, his mom, and his best friend from
  19. 0:36[music] high school. We have someone who
  20. 0:38quit their job and made $50,000 in like
  21. 0:40two weeks selling our clear protein
  22. 0:41powder on Tik Tok shop. My [music]
  23. 0:42biggest growth hack to any entrepreneur
  24. 0:44today is just
  25. 0:55guys. 180 million bootstrapped [music]
  26. 0:58on pace for 500 million this year. Built
  27. 1:00with his wife, his mom, his best friend
  28. 1:03growing up, the American dream. Stay to
  29. 1:04the end. We're going to give you the
  30. 1:05full playbook. Um, less than 5% of
  31. 1:09marketing spend is on meta, 85 plus% on
  32. 1:12influencer. You probably have like the
  33. 1:14largest in-house influencer marketing
  34. 1:16program in CPG. Let's just start super
  35. 1:19macro. Give people context on how and
  36. 1:22why we got to going allin on influencer.
  37. 1:25It's funny because so the the brand
  38. 1:27obviously started for my wife's
  39. 1:29Instagram page. So, we very much
  40. 1:31understood like the influence that a
  41. 1:32content creator could have, aka an
  42. 1:34influencer. And once we started to get
  43. 1:37some traction with our third product
  44. 1:39launch or fourth, which was our greens
  45. 1:41powder, we knew the way we had to get
  46. 1:43that in front of as many eyes as
  47. 1:44possible was through influencer
  48. 1:46marketing. I didn't know how to build
  49. 1:47out an influencer program. But what I
  50. 1:49did know was my best friend Leo at the
  51. 1:51time was working sales on biotech Wall
  52. 1:54Street, working like a crazy a crazy
  53. 1:58boiler room, just like thousands of
  54. 1:59outbounds a day.
  55. 2:00>> Amazing movie boiler room. I'm going to
  56. 2:01pop that one up.
  57. 2:02>> Amazing. Amazing movie. So he's in the
  58. 2:04boiler room. He's doing thousands of
  59. 2:06outbounds a day. And he's always telling
  60. 2:07me these war stories from this sales
  61. 2:09room that he's operating. And one day
  62. 2:10we, you know, we get together. We're in
  63. 2:12Manhattan. And we're like, you know,
  64. 2:13that boiler room that you're just doing
  65. 2:15thousands of outbounds a day. Can we
  66. 2:17just copy and paste that and build that
  67. 2:18within the walls of Bloom and just build
  68. 2:20the craziest influencer program that's
  69. 2:22ever existed. And we knew that the
  70. 2:24product stuck, right? Like when people
  71. 2:25tried the product, they wanted to try it
  72. 2:26again and they wanted to make content
  73. 2:27with it. So like all we had to do was
  74. 2:29figure out the outbound. So Leo ended up
  75. 2:32joining the team and we just scaled that
  76. 2:33program to the moon and now we have over
  77. 2:3515 billion views across Tik Tok and
  78. 2:37Instagram and it has been like the bread
  79. 2:39and butter rinse and repeat. We have not
  80. 2:41fixed what is not broken and have just
  81. 2:43ran the same strategy for 7 years.
  82. 2:46>> Shout out Uncle Leo here in the
  83. 2:47audience. Love it. So he obviously came
  84. 2:49in and probably dissected the
  85. 2:51infrastructure, the numbers, the
  86. 2:52metrics. Let's just like double tap on
  87. 2:54that. I'm sure there's a lot of people
  88. 2:55out there that hear about Tik Tok shop
  89. 2:57and affiliate and such. What does the
  90. 2:59inside of this influencer program look
  91. 3:01like? Like how much outreach? What does
  92. 3:03the the unit economics look like on it?
  93. 3:05Are you paying people? Are you giving
  94. 3:06them an affiliate?
  95. 3:07>> On a basic level, it starts with the
  96. 3:09scouter, which could just be literally a
  97. 3:1020-year-old intern. By the way, the
  98. 3:12entire team is under 30 years old. They
  99. 3:14are the Bloom girl. Your influencer
  100. 3:16team, if not your whole brand and as
  101. 3:18much of your team as possible, should
  102. 3:19look like your avatar, right? So, all of
  103. 3:22our team, there's like six guys on the
  104. 3:24Bloom team and like 94 women. Like, we
  105. 3:26are by far the minority. And that's
  106. 3:27because like I want our team members to
  107. 3:30look like the bloom girl and that has
  108. 3:32always been what works for us. Then from
  109. 3:34the scouting team, which is generally
  110. 3:36just interns, you go up to just
  111. 3:37influencer relationship managers and
  112. 3:39then from there you have the director of
  113. 3:41the whole team who started as an intern
  114. 3:43at Bloom and now she's just like leading
  115. 3:45this whole ship. Shout out to Jillian.
  116. 3:47She's a beast. And so Jillian's at the
  117. 3:49top and then there's kind of these
  118. 3:50account managers to manage the
  119. 3:52relationships and then you just have at
  120. 3:54the lowest level just people just
  121. 3:55scouting
  122. 3:56>> 247 on the internet on Instagram on Tik
  123. 3:58Tok. I think this girl would resonate
  124. 4:00with our brand.
  125. 4:00>> And then some fun little tips that
  126. 4:01anyone at home could use is use VPNs.
  127. 4:04>> Put your iPads, put your iPhones around
  128. 4:06the country, get different algorithms.
  129. 4:08What you don't want is the same
  130. 4:1019-year-old Italian girl who lives in LA
  131. 4:13who shops at Iwan. her her algorithm as
  132. 4:16she's scouting will look exactly the
  133. 4:18same as every other girl in that room
  134. 4:20who is scouting. So, you want people
  135. 4:21with different algorithms going on,
  136. 4:23right? Cuz you want to find the the the
  137. 4:25mom in Kansas. You want to find the
  138. 4:27police woman in North Carolina. You want
  139. 4:30to make sure you're scouting them as
  140. 4:31well. And the
  141. 4:32>> bar right there. That's a little cheat
  142. 4:33code right there.
  143. 4:34>> That's a huge cheat code.
  144. 4:35>> I'm big on the reset suggested content.
  145. 4:38If I ever feel like my algorithm is kind
  146. 4:39of going off topic, I I I reset it.
  147. 4:41>> I didn't even know you could do that, so
  148. 4:42thank you for that.
  149. 4:43>> Yeah. So, so you're saying literally
  150. 4:46you're completely agnostic to location.
  151. 4:48You just want it in random locations and
  152. 4:50then you go by location.
  153. 4:51>> Yeah. And then you just change it up
  154. 4:52when you need a new algorithm. You just
  155. 4:54change your location using the VPN.
  156. 4:56>> Love that. For sure.
  157. 4:57>> Probably should have on like a VPN
  158. 4:58sponsor for that one. That's that's a
  159. 4:59good one. Um, how big is that that team?
  160. 5:01What's the size of this influencer team?
  161. 5:03>> The team has fluctuated depending on how
  162. 5:05much scouting we feel like we need to do
  163. 5:06and how much we're trying to scale the
  164. 5:08program. Right now, the program is not
  165. 5:09scaling too much. we're in a very
  166. 5:11healthy place, but you know, it could
  167. 5:12range from 15 to 25 people in-house and
  168. 5:15we've never tapped into an agency
  169. 5:17whatsoever. And this was also like the
  170. 5:18early days of Tik Toks when like content
  171. 5:21creators weren't just like all signed to
  172. 5:23UTA or like whatever the big agencies
  173. 5:25were. Like we were talking directly to
  174. 5:26them. So we knew their birthdays. We
  175. 5:28sent gifts on Mother's Day. We knew when
  176. 5:30they were having a tough day and we had
  177. 5:32real relationships and we still do with
  178. 5:34our content creators. And then going
  179. 5:35back to the contract, it's just all
  180. 5:37reverse engineered around CPM, right?
  181. 5:39So, if you guys run meta ads at home and
  182. 5:41you know what your CPM is, let's say
  183. 5:43it's $20 per thousand views that you
  184. 5:45get. CPM is cost per thousand views, we
  185. 5:48just you the best way to start is just
  186. 5:50cut that CPM in half that you're getting
  187. 5:51on Meta. And that should be your goal
  188. 5:53for the influencer program. And if you
  189. 5:55scale it as robust and aggressively as
  190. 5:58we have, I mean, we've had CPMs that are
  191. 6:00below $2 for months at a time, which is
  192. 6:02like insane marketing dollars, right?
  193. 6:04Insane efficiency. So, if you think
  194. 6:05about the 15 billion plus views that
  195. 6:07we've now received, which is dozens of
  196. 6:09Super Bowl ads worth of views, I mean
  197. 6:11maybe a hundred Super Bowl ads worth of
  198. 6:12views. We we definitely are not paying
  199. 6:14$7 million for a Super Bowl ad for those
  200. 6:16amount of views. You know what I mean?
  201. 6:18>> So, in short, understand and know
  202. 6:20[clears throat] your baseline CPM. Most
  203. 6:22people are spending most of their
  204. 6:22dollars on meta. You cut it in half and
  205. 6:25then you want to win either obviously
  206. 6:26lower than that or even just better than
  207. 6:27meta. So, it's just a new source. Yeah.
  208. 6:29>> And then what are you doing? You're just
  209. 6:30giving people a [ __ ] ton of free product
  210. 6:32and some basic guidelines. sometimes
  211. 6:34depending on how big that influencer is.
  212. 6:35But I would say ve going back to the
  213. 6:37guidelines, that's huge. Like your
  214. 6:39content is at the discretion of the
  215. 6:41algorithm, right? So if you give them
  216. 6:43some lame ass product brief because
  217. 6:44you're the suit in the boardroom sending
  218. 6:46somebody exactly what you want them to
  219. 6:47say, you might as well just do that
  220. 6:49yourself, homie. You know what I'm
  221. 6:50saying? Like you are hiring that content
  222. 6:52creator because that is what they do for
  223. 6:53a living. They are the best at what they
  224. 6:55do. You should give them as much
  225. 6:56creative control as possible with that
  226. 6:58product. So, when we send somebody a
  227. 7:00crisp apple energy drink, just
  228. 7:02incorporate in your content like you
  229. 7:03always would. Explain exactly how you
  230. 7:05would to your community how you're using
  231. 7:07that product and why you like it. And
  232. 7:09that's what we want them to do. So,
  233. 7:10there's a ton of creative freedom with
  234. 7:12our influencer program. And if you don't
  235. 7:14give them that freedom, the video will
  236. 7:16not get views and you will never have a
  237. 7:17viral hit.
  238. 7:18>> Well, there's something that you're
  239. 7:19saying but you're not saying right now,
  240. 7:21which is absolutely crazy. I did this in
  241. 7:23the beginning of Iconic and people
  242. 7:24thought I was crazy. I mean, are you
  243. 7:26doing attribute? There's no attribution.
  244. 7:27>> There's no attribution. We've never done
  245. 7:28an affiliate code. We've never done a
  246. 7:30coupon code. And the reason for that is
  247. 7:31cuz we never we never optimized for
  248. 7:33Shopify. So, we're an omni channel
  249. 7:35operation.
  250. 7:36>> You're just optimizing for top of the
  251. 7:37funnel. You just want as many people as
  252. 7:39possible to know where you are cuz they
  253. 7:40can transact almost anywhere cuz you're
  254. 7:42in 50,000 70,000 doors.
  255. 7:43>> Every CMO, every head of marketing,
  256. 7:45every marketer knows that half of their
  257. 7:47marketing isn't working. They just don't
  258. 7:48know which half. That is very true for
  259. 7:50this program.
  260. 7:51>> That is very true for this program. Our
  261. 7:53attribution is a complete shitow. any
  262. 7:55suit CMO would hate this program. The,
  263. 7:58you know, the easiest way to do it is
  264. 7:59obviously correlating. When a video
  265. 8:01starts to get some views, you you look
  266. 8:03at your Amazon search traffic. That
  267. 8:04would be like the easiest direct
  268. 8:06relationship that you could find. But
  269. 8:07that's not always the case. If you're
  270. 8:08trying to run an influencer program for
  271. 8:10an exclusive skew at Walmart, right? You
  272. 8:12you don't know like the attribution
  273. 8:14window. People know jargon if I say
  274. 8:16attribution window. people. You don't
  275. 8:18know if your attribution window is 7
  276. 8:20days, but people only go to Walmart once
  277. 8:22every two weeks and they saw the video
  278. 8:24two weeks ago and then they convert two
  279. 8:25weeks later at Walmart. You don't know
  280. 8:27it's because it happened from that video
  281. 8:28they saw two weeks ago. You get what I'm
  282. 8:30saying?
  283. 8:30>> Yeah. I feel like a lot of people are
  284. 8:32just over obsessed over the attribution
  285. 8:33and this is just general I've talked
  286. 8:34about before just common sense and
  287. 8:36intuition. It's working for Greg at the
  288. 8:38highest of all high scales. I mean
  289. 8:40you're talking about again hundreds of
  290. 8:42millions of dollars. 85% is going to
  291. 8:44influencer. And when you say 85% that is
  292. 8:46in what? Free product, free payouts. And
  293. 8:48>> free product, shipping product, shipping
  294. 8:50cans is [ __ ] expensive, right? Like
  295. 8:52this is like a 10 pound package when
  296. 8:53you're selling sending a 12-pack. But it
  297. 8:55also is sometimes, you know, six figure
  298. 8:56payouts. But these are pre-negotiated
  299. 8:59numbers before the before we even have
  300. 9:01them post. And so we can just look at I
  301. 9:03mean the simplest way would be look at
  302. 9:05their last 10 videos see what the
  303. 9:06average views are and then you could
  304. 9:08figure out what your comfortability is
  305. 9:10for what you're willing to pay per CPM
  306. 9:12right and if you think that half of
  307. 9:13their following is in India and your
  308. 9:15product's only available in America then
  309. 9:17you know cut that CPM in half like you
  310. 9:19need to make sure that the person seeing
  311. 9:20that video is your avatar. If I if I
  312. 9:23know I'm selling a product only for
  313. 9:24women and I know 25% of that person's
  314. 9:26[clears throat] followings are males,
  315. 9:27then I will just cut that that CPM 25%
  316. 9:30to make sure I'm only paying for the
  317. 9:31women, right?
  318. 9:32>> What are those other things to double
  319. 9:33click on? So half CPM, you win even if
  320. 9:36it's a bit over. Obviously, you want to
  321. 9:38diversify against meta. Looking at the
  322. 9:40trailing 10 videos to see the blended
  323. 9:42views to back into the CPM asking, I
  324. 9:44guess for their geography, you want them
  325. 9:45not to be [clears throat]
  326. 9:47>> 90% in [ __ ]
  327. 9:48>> Well, yeah. I mean, you know, a lot of
  328. 9:50our retailers are in Bumble [ __ ] So, we
  329. 9:52love Bumble [ __ ] But, but I mean, you
  330. 9:55were even telling me the other day you
  331. 9:56found Bloom Energy in like the middle of
  332. 9:57nowhere, right?
  333. 9:58>> Middle of Nora is like in a random
  334. 9:59convenience store in Santa Barbara.
  335. 10:00>> Okay.
  336. 10:01>> Bumble [ __ ] I'm talking about Bumble
  337. 10:02[laughter] [ __ ] like like Sagal, Africa
  338. 10:04or something.
  339. 10:04>> You will find us
  340. 10:05>> in Sagal. I don't know. I don't even I
  341. 10:07don't think you're in Sagal.
  342. 10:08>> We're We're pretty dominant in just in
  343. 10:09just domestic right now in just the US,
  344. 10:11but we are definitely launching
  345. 10:12internationally. We're on Dr. Pepper
  346. 10:14trucks.
  347. 10:14>> So, like we're anywhere you can kind of
  348. 10:17find a Dr. Pepper at this point. It's
  349. 10:18it's it's pretty incredible and that's
  350. 10:20why it's 50,000 doors. But I would say
  351. 10:21the last thing is like if as you are
  352. 10:23trying to launch an influencer program,
  353. 10:25if you're at the early stages of this,
  354. 10:27you want to find the influencers that
  355. 10:29you think your avatar is already
  356. 10:30following, right? So don't just like
  357. 10:32sign any woman like find the niche that
  358. 10:34you're talking to and then find the the
  359. 10:36influencer that that niche is already
  360. 10:38following and then you can slowly get
  361. 10:40wider as you start to dominate that
  362. 10:41niche.
  363. 10:42>> And where are we at as far as biggest
  364. 10:44bang for your buck from a size
  365. 10:46perspective? 5,000, 20,000, 100,000.
  366. 10:48>> You you should have a diverse portfolio,
  367. 10:50but it's a game that works at scale. And
  368. 10:52I would say that if you only have a
  369. 10:53limited budget, I would I would strictly
  370. 10:55stick with like, I don't know, 5 to
  371. 10:5750,000 followers.
  372. 10:57>> So, it's a little S&P S&P game. Just
  373. 10:59sprinkle in all different sizes.
  374. 11:00>> Yeah. Shoot from the hip.
  375. 11:01>> And what about platform? I I would
  376. 11:02imagine you guys are very Instagram
  377. 11:04heavy.
  378. 11:04>> Majority Tik Tok by far.
  379. 11:06>> Wow.
  380. 11:07>> Yeah.
  381. 11:08>> By far.
  382. 11:08>> And what's second? Instagram.
  383. 11:10>> Yes. And then that's pretty much it. We
  384. 11:11don't really do anything on Facebook. We
  385. 11:13don't really do anything on Snapchat. We
  386. 11:14don't really do anything at YouTube on
  387. 11:15this point. And we don't we don't do a
  388. 11:17ton of podcasts at this point, and I can
  389. 11:18get into why in a second.
  390. 11:20>> Yeah. Hope you guys are enjoying the
  391. 11:21episode. We put together a free PDF on
  392. 11:24Greg's playbook on how he built the
  393. 11:26largest in-house influencer program and
  394. 11:28CPG, his 60,000 plus retail door
  395. 11:31strategy, his validity marketing
  396. 11:33strategy, how he built a Tik Tok army,
  397. 11:36and the one partnership that unlocked a
  398. 11:393X in his business. Links in the top of
  399. 11:41the description below. Enjoy the rest of
  400. 11:43the episode. I guess for me, these
  401. 11:45people on the Tik Tok side, I mean, I
  402. 11:47feel like everyone is programmed now.
  403. 11:48It's like the the bar keeps raising for
  404. 11:51what percent brands are giving from an
  405. 11:52affiliate perspective.
  406. 11:53>> Yeah.
  407. 11:54>> People do people like this better
  408. 11:55because they're like, "All I do is just
  409. 11:57care about views." Not not so much
  410. 11:58sales. It's more just views and CPMs.
  411. 12:00They like this better.
  412. 12:01>> Tik Tok shop is a very different game
  413. 12:04than Tik Tok. And I would say Tik Tok
  414. 12:06Shop is an incremental game to Tik Tok.
  415. 12:08So, we still very much have the built
  416. 12:10out robust influencer program that has
  417. 12:11no affiliate links, no coupon codes and
  418. 12:14is just like we're doing a normal
  419. 12:15content creator relationship in that
  420. 12:17scenario. And then we also are building
  421. 12:19out a pretty a pretty robust Tik Tok
  422. 12:21shop affiliate program amongst the Tik
  423. 12:23Tok shop universe, which is one of
  424. 12:26leadership's top priorities right now
  425. 12:27for sure. So, where are you guys going
  426. 12:29under the notion that you guys are so
  427. 12:30heavy on influencer? You mentioned
  428. 12:32podcast, Tik Tok shop, like where else
  429. 12:34are you going? What does the future look
  430. 12:35like for Bloom from a paid perspective?
  431. 12:39I have made all of the mistakes of shiny
  432. 12:41object syndrome. I mean, I've spent $3
  433. 12:44million on one month on on on on, you
  434. 12:46know, traditional media ads and got
  435. 12:50probably three sales from them. Like, we
  436. 12:52this is how we plan on moving at the
  437. 12:54speed of culture and being part of
  438. 12:56culture forever is just I see I see this
  439. 12:58not changing anytime soon. Do not fix
  440. 13:01what's not broken.
  441. 13:02>> Yeah.
  442. 13:03>> Interesting. So, don't break what's not
  443. 13:05broken. I I like that. Looking back on
  444. 13:06what you've done, obviously you've done
  445. 13:08a lot right. What are some mistakes that
  446. 13:10you guys have made, whether it be
  447. 13:11influencer or acquisition?
  448. 13:12>> I think just casting the wider net. So
  449. 13:14if we keep the net narrow, I went back
  450. 13:16to changing the algorithms and making
  451. 13:18sure that we're seeing everybody in the
  452. 13:19country. The whole point of Bloom is
  453. 13:22being accessible to everyone in America,
  454. 13:23right? That's why we are intentionally
  455. 13:25in the we're in as many stores as
  456. 13:27possible. We are not strictly in the
  457. 13:29ultra premium retailers of the world.
  458. 13:31and we need to make sure that we are
  459. 13:33signing and working with all of America.
  460. 13:35And so making sure that if we're hiring
  461. 13:38a team that's only coming out of UCLA
  462. 13:40and they're in our Venice Beach
  463. 13:41headquarters, they can be biased towards
  464. 13:44the LA influencer. And so making sure
  465. 13:47that they are aware of who the Bloom
  466. 13:49consumer is nationally and that we are
  467. 13:51working with that influencer as well
  468. 13:53would be the biggest mistake that we
  469. 13:54could avoid. And then of course also
  470. 13:55like I mean this goes way back before
  471. 13:57even Bloom existed. Like we grew Mari's
  472. 14:00following through meme page marketing.
  473. 14:02That was one of the biggest growth
  474. 14:04engines for growing Mari's following was
  475. 14:06we would buy meme pa meme ads and show
  476. 14:09her journey, her fitness journey and say
  477. 14:11go follow Mari Llewellyn, right? And the
  478. 14:14amount of times I went all in on a meme
  479. 14:16ad to go try to blast her page with
  480. 14:19followers and then it ended up just
  481. 14:20being 10,000 people from India that I
  482. 14:22could not sell a product to and then you
  483. 14:24know we were eating we were eating tuna
  484. 14:26fish that night. Let me tell you, like
  485. 14:27that was that was a bad night.
  486. 14:29>> We're going to get into the origin story
  487. 14:30for sure.
  488. 14:31>> Yeah, that's that's big origin story.
  489. 14:32But like we I I can't even I can't even
  490. 14:34say how many mistakes we had made even
  491. 14:37before Bloom existed through influencer
  492. 14:39marketing that now we're able to connect
  493. 14:41the dots and have this this optimized
  494. 14:44system today. Right? So this is eight
  495. 14:46years running and you make a mistake and
  496. 14:47you make sure that the next day you
  497. 14:49start over from zero and you continue to
  498. 14:51move forward. You don't just like give
  499. 14:52up on the program overall. Right? And
  500. 14:53that's why it works best at scale. I
  501. 14:55mean to your credit though and for
  502. 14:57people out there listening I mean just
  503. 14:59like with a lot of things like you can
  504. 15:00say for from a retail perspective you
  505. 15:02know if you want to stay cool and
  506. 15:03elevated you start boutique and then you
  507. 15:05kind of go downstream. As far as like an
  508. 15:06ICP perspective when I think of Bloom I
  509. 15:09do think of like California and Texas. I
  510. 15:12think that that's a good starting point
  511. 15:14cuz I do think those are the influencers
  512. 15:16that influence the other influencers.
  513. 15:17>> Well said. So, it's a mistake, but at
  514. 15:19the same time, it's like you're start
  515. 15:20you're starting at the top of the
  516. 15:21pyramid, and now you need to go win in
  517. 15:24we're back to bumble [ __ ] the bumble
  518. 15:25[ __ ] of the United States. I'm not going
  519. 15:27to call it any random state, but let's
  520. 15:28just say like more in the middle.
  521. 15:30>> Fly over states.
  522. 15:30>> A flyover state. So, it's just just more
  523. 15:32in the middle. So, it's a that's a a
  524. 15:34mistake, but I wouldn't I wouldn't
  525. 15:35necessarily say it's a mistake. This all
  526. 15:38has to do with CAC LTV and retention.
  527. 15:42I'd love to know like what are some of
  528. 15:44those like retention strategies that you
  529. 15:45guys are doing kind of looking at the
  530. 15:47end customer whether it be these like
  531. 15:50mixer bottles these blender bottles like
  532. 15:52the bogos like what are some of the
  533. 15:53things that you guys do that are that
  534. 15:54are optimizing for retention I mean
  535. 15:56optimizing for retention I think every
  536. 15:58problem in your business is probably a
  537. 16:00product problem so if you're having an
  538. 16:01acquisition problem it means that your
  539. 16:03pro your product is not appealing to
  540. 16:05anybody and they don't want to buy it
  541. 16:06right if you're having a retention
  542. 16:07problem it means they finally bought
  543. 16:08your product and then now they don't
  544. 16:09want to keep on buying it but I would
  545. 16:11say one of The biggest mistakes we made
  546. 16:14early on in Bloom, just because of Mari
  547. 16:16and I's age at the time, was going after
  548. 16:18a very young consumer. So, if you're
  549. 16:20selling ritualistic supplements that
  550. 16:22you're supposed to take every day for
  551. 16:23long periods of time, or you're trying
  552. 16:25to create habits with people, generally
  553. 16:27a younger consumer is going to have a
  554. 16:29tougher time having a ritual, right?
  555. 16:31Like, I didn't have a morning routine
  556. 16:32when I was 20 years old. So when we
  557. 16:35first started to really scale the Greens
  558. 16:38business, because of our age, most of
  559. 16:39our followers and most of the people we
  560. 16:41were converting were way younger and
  561. 16:43they just had a lower retention rate as
  562. 16:45a result. So like that was not as
  563. 16:47quality of a business as it is today
  564. 16:49because it was just a younger consumer
  565. 16:50that like was not going to repeat and
  566. 16:52was they don't even subscribe to things.
  567. 16:53Why would a young person subscribe to
  568. 16:55something like I didn't subscribe to
  569. 16:56[ __ ] until I was like 30. So that would
  570. 16:58be the biggest issue for retention. I
  571. 17:00would also say that's where community
  572. 17:02comes in. And what separates just
  573. 17:04selling a product versus building a
  574. 17:06brand is people are like people are
  575. 17:09rooting for your company and your
  576. 17:10community or your brand as if they're
  577. 17:12rooting for a sports team, right? And
  578. 17:14it's like people have followed along
  579. 17:15with Mari and I for 10 years now. So two
  580. 17:18years before Bloom and then now seven,
  581. 17:20eight years with Bloom where it's like
  582. 17:21they've seen this whole journey and
  583. 17:22we're throwing in real life events
  584. 17:24around the country. We're sending out
  585. 17:26free product to our top customers all
  586. 17:27the time. They're seeing these displays
  587. 17:29in Walmart and they realize it's not
  588. 17:31just like Coca-Cola's display. It's like
  589. 17:32Greg and Mari's display. And I think
  590. 17:34that they like ride that wave with us
  591. 17:36and they feel like they have they have
  592. 17:38stock in this company and they're they
  593. 17:39want to continue to support it. And the
  594. 17:42the feeling's mutual. Like we want to
  595. 17:44support our community back. And it's
  596. 17:45been an amazing journey having people
  597. 17:47kind of make Bloom a part of their life.
  598. 17:49And now you see a Bloom trademark in so
  599. 17:51many different aisles of the stores
  600. 17:53because we've been able to create a
  601. 17:54platform brand with supplements, with
  602. 17:57soda, with energy drinks. I think Bloom
  603. 17:59Baby could exist eventually, right? Like
  604. 18:01wherever our consumer's journey is, very
  605. 18:03much correlating to my wife's journey.
  606. 18:05Obviously, we have a four-month old son
  607. 18:06at home. And I just think I just think
  608. 18:08taking them along for this ride and
  609. 18:10moving at the speed of culture, right?
  610. 18:12It's like female energy drinks weren't
  611. 18:14really even like a thing four years ago.
  612. 18:16And then now because some people have
  613. 18:18helped or some companies have helped
  614. 18:19pave the way, seeing this this this
  615. 18:22cultural change and making sure Bloom's
  616. 18:25part of that with female energy is just
  617. 18:27the best way to keep the consumer coming
  618. 18:29back. But to be transparent, like we
  619. 18:31have parts of our portfolio that were
  620. 18:33doing over $und00 million 2, three years
  621. 18:34ago, and today they're doing under $75
  622. 18:36million. Today, like they're cutting in
  623. 18:38half years later. Bloom has net grown,
  624. 18:41but we've been able to follow with what
  625. 18:43consumers wants and needs are to keep on
  626. 18:46coming back into the Bloom portfolio,
  627. 18:48not necessarily the first product they
  628. 18:49joined Bloom with.
  629. 18:51>> Yeah, I think you guys have done a great
  630. 18:52job of building brand versus product and
  631. 18:56listening to to your community. I want
  632. 18:58to double click on community and events
  633. 18:59because I just think everything ladders
  634. 19:01back up to just brand. Like the fact
  635. 19:03that you guys are doing all this
  636. 19:04influencer and not meta, it's paid off
  637. 19:06where people actually are really
  638. 19:07resonating with you on like an authentic
  639. 19:09organic level.
  640. 19:10>> I guess with that being said, like do
  641. 19:11you guys think you could launch anything
  642. 19:13and it'll work cuz people are just
  643. 19:14following you? Like if you guys launch a
  644. 19:15car tomorrow, do you guys think it can
  645. 19:16work? I think I think you need to
  646. 19:19continue to level up with the size of
  647. 19:21TAM that you're going after. [snorts]
  648. 19:22So, we started with the most niche
  649. 19:24product that you could possibly sell. It
  650. 19:26probably had a $10 million ceiling.
  651. 19:27female pre-workout with people who were
  652. 19:30sensitive to caffeine and had anxiety
  653. 19:32and the women were lifting weights,
  654. 19:33which in 2019 was like this is like as
  655. 19:35niche as it gets, right? The largest
  656. 19:37that product could have ever gotten was
  657. 19:39$10 million. And then you have to
  658. 19:40recognize you look in the mirror and
  659. 19:41you're like, "Okay, this is a good
  660. 19:42business, but I'm ready for the next
  661. 19:44challenge." And my community is asking
  662. 19:45me for other products. Then we made
  663. 19:47recovery powders. Then we made protein
  664. 19:48powders. Then we made the greens powder.
  665. 19:50And then we went into energy drinks. So
  666. 19:52we were slowly going after larger and
  667. 19:53larger TAMs, larger and larger
  668. 19:56challenges and
  669. 19:59I see no reason why we will not continue
  670. 20:01to do that. Do I think the end result is
  671. 20:02us creating a vehicle? No. But I think
  672. 20:05that there's like more aisles of the top
  673. 20:07retailers in the country. Like I said,
  674. 20:09Bloom Baby where Bloom could absolutely
  675. 20:12play in like other huge categories. I
  676. 20:14don't know what the hell is bigger than
  677. 20:15energy drinks other than maybe soda with
  678. 20:17our balloon pop. But like,
  679. 20:19>> yeah, I don't know what the next
  680. 20:21challenge even could be. I can't fathom
  681. 20:22it, but like there's a lot of runway
  682. 20:24left for this energy drink.
  683. 20:25>> Yeah, I want to keep double clicking on
  684. 20:27marketing. I completely agree. You guys
  685. 20:28have continuously reinvented yourself,
  686. 20:30guys. We're going to get into it. The
  687. 20:31fact that you're like having products
  688. 20:33that are doing like 100 million plus,
  689. 20:34and I'm not going to say you're like
  690. 20:35aborting them, but you're definitely rep
  691. 20:37prioritizing your focus on new stuff
  692. 20:39with bigger TAMs. So you guys are
  693. 20:41ultimately going after bigger and bigger
  694. 20:43TAMs in conjunction with listening to
  695. 20:46your community.
  696. 20:46>> They're asking for it.
  697. 20:47>> Yeah.
  698. 20:48>> Like they they if you actually grow a
  699. 20:50community before we even had Bloom, our
  700. 20:52community asked us to make supplements
  701. 20:53because we were selling workout guides
  702. 20:55and they said, "I need supplements to
  703. 20:56take with these workout guides." So
  704. 20:58Bloom was born. And then eventually once
  705. 21:00we had some more credibility like once
  706. 21:01we got to the greens powder, people were
  707. 21:03like, "We really love every supplement
  708. 21:04that you're making. I'm looking for a
  709. 21:06better for you energy drink. Can you
  710. 21:07guys please make one?" And so we just
  711. 21:09did, right? And so that was it's just us
  712. 21:12listening to our community and also of
  713. 21:13course listening to like what Mari and I
  714. 21:16want as a consumer as well. What are our
  715. 21:18pain points? Like we can't find a better
  716. 21:19for you energy drink that is like as
  717. 21:21palatable as what we would like it to
  718. 21:22be. So we made Bloom Energy. But yeah, I
  719. 21:26think like the community will tell you
  720. 21:28where to go, which is like why having
  721. 21:30that that nucleus of a brand is so
  722. 21:33crucial to building something that's
  723. 21:34multi-deade proof.
  724. 21:36>> Yeah. I mean, obviously you can listen
  725. 21:38via email, post-purchase survey in the
  726. 21:40comments, but I do think Inerson events
  727. 21:41has been big for you guys. What What's
  728. 21:43the thesis on events? Are you guys doing
  729. 21:45a bunch of small events? Are you go guys
  730. 21:47going massive? Do you want to do a Super
  731. 21:48Bowl commercial? What is the actual like
  732. 21:50event strategy?
  733. 21:51>> I would rather fewer big events than
  734. 21:56many small events. Like I would I don't
  735. 21:58want to go have a thousand lemonade
  736. 21:59sales, right? I want to have like once a
  737. 22:01quarter something badass take over a
  738. 22:04building in Soho. It's open to the whole
  739. 22:06public. I'm sick of this VIP [ __ ] for
  740. 22:08only the top influencers in LA. I want
  741. 22:10our actual consumers coming to this
  742. 22:12event, lining up down the street, and to
  743. 22:13be able to experience everything for
  744. 22:15free. So, like, we just took over a
  745. 22:16retro diner in in Austin, Texas for an
  746. 22:19entire weekend. You could literally book
  747. 22:20tables on like reservation.com. Like, it
  748. 22:22was literally open to the public. Every
  749. 22:24meal was free and everything was just
  750. 22:25bloomed out and you were getting root
  751. 22:27beer floats. We were launching our
  752. 22:28better for you root beer there and you
  753. 22:30could get Bloom, you know, root beer
  754. 22:31floats, Bloom cheeseburgers, Bloom
  755. 22:33pancakes with root beer syrup and it's
  756. 22:35like every meal is free for just a whole
  757. 22:37weekend. Our whole community could
  758. 22:38participate. And what I will say is that
  759. 22:41your in real life event could be so
  760. 22:45kick-ass, but if it doesn't capture good
  761. 22:47digital content, it's probably useless.
  762. 22:50If you have a lame event that does make
  763. 22:53good digital content, that's a win in my
  764. 22:56book. So somehow you need to find the
  765. 22:58happy medium of the two. But it's like
  766. 23:00if you're going to have a thousand, even
  767. 23:015,000 people or maybe even just 500
  768. 23:03people experience your event.
  769. 23:05>> If they have the best time, I'm happy to
  770. 23:07give that back to the community. But you
  771. 23:09need to make sure the event is reverse
  772. 23:11engineered for digital content because
  773. 23:13that's going to be creatives that you
  774. 23:15can use for literally years to come.
  775. 23:17>> Yeah. So we we we had a we've had events
  776. 23:19three years ago in New York or even in
  777. 23:22London where like tons of our community
  778. 23:24were there, but we had so much content
  779. 23:26captured. We're still deploying some of
  780. 23:28that content today. So like that's
  781. 23:30that's what some of our favorite photo
  782. 23:32shoots happen at these events.
  783. 23:33>> Yeah. I mean it's wild that you have a
  784. 23:35thousand people online. You need to get
  785. 23:38>> video B-roll of that content. And then
  786. 23:39you go back to that same city, you use
  787. 23:41that that actual B-roll. My favorite is,
  788. 23:43and I can go back to like comment
  789. 23:44sections and keyboard warriors and how
  790. 23:46they've almost ruined my business many
  791. 23:47times, but my favorite thing to do at
  792. 23:49events is sample unreleased products,
  793. 23:52especially for the energy drink. If we
  794. 23:53can have like 10 flavors that we're
  795. 23:55thinking about, and I even think like,
  796. 23:57you know, it's never the ones that I
  797. 23:59think are going to perform well, it will
  798. 24:00end up being like a blueberry lemonade
  799. 24:02that I never thought would perform well.
  800. 24:03Sounds pretty good.
  801. 24:03>> But yeah, it's coming out in a couple
  802. 24:05months. And then [laughter] so but if
  803. 24:07you can get like real life reactions,
  804. 24:09especially if it's not necessarily a
  805. 24:11Bloom community member and it's just
  806. 24:12someone on the streets of Soho, you get
  807. 24:14a raw reaction of which of these 10
  808. 24:16flavors is your favorite, that is the
  809. 24:18best way to get consumer data. I [ __ ]
  810. 24:20hate syndicated data about, you know, if
  811. 24:23I'm looking at Target and Walmart sales
  812. 24:25and they can tell me who it is and why
  813. 24:27they purchased it or like post-purchase
  814. 24:29surveys I've had a ton of bad luck with.
  815. 24:31The worst story with Bloom was we when
  816. 24:33we were a protein business because once
  817. 24:35COVID took off, we hopped on COVID and
  818. 24:37we went crazy with protein powders for
  819. 24:40baking at home, right? And so, which
  820. 24:42goes back to just like you need to stay
  821. 24:43ready so you don't need to get ready,
  822. 24:44which I'll get into in a second, but
  823. 24:46having protein powders and then we would
  824. 24:48get 50 comments a day, let's say, about
  825. 24:51making a vegan protein powder. And so,
  826. 24:53this was a no-brainer. Our community is
  827. 24:55telling us to make vegan protein. And
  828. 24:57then we went all in. We order like, you
  829. 24:59know, a h 100,000 bags of this vegan
  830. 25:01protein. I think it was like lemonade,
  831. 25:03lemon shortcake flavor or something like
  832. 25:05that. And it was going to be a hit. The
  833. 25:06community told us exactly what to make.
  834. 25:08And then we launched the vegan protein.
  835. 25:10And the 50 comments a day, we sold about
  836. 25:1250 bags
  837. 25:13>> because it was the 50 vegans that were
  838. 25:15following Bloom that were leaving
  839. 25:17comments every day. And I just call that
  840. 25:19the the loud minority is the keyboard
  841. 25:21warriors. I mean, as I'm sure you know,
  842. 25:22with your personal brand that you're
  843. 25:24building now, like that comment section,
  844. 25:26you don't even know if it's someone that
  845. 25:28even gives a [ __ ] about.
  846. 25:28>> You got to double click in and see if
  847. 25:29they have subs or where they're from
  848. 25:31because you could kind of go back and
  849. 25:32forth with what you just said. This is
  850. 25:34why the in person is so so valuable. I
  851. 25:36mean, you can even run as ads content of
  852. 25:40people actually trying it and getting
  853. 25:41that that organic reaction. But like
  854. 25:43>> understanding and knowing like you could
  855. 25:44have never known those 50 people that
  856. 25:46were commenting were vegan, but if
  857. 25:48you're talking to these people, you can
  858. 25:49actually get the context. And kind of
  859. 25:50going back to what you said on
  860. 25:51syndicated data for people out there
  861. 25:53listening something that's very very
  862. 25:54surprising to me is I think it was on
  863. 25:56the ran episode is I thought like from a
  864. 26:00conclusive evidence perspective you need
  865. 26:02like thousands and thousands of people.
  866. 26:04Dude, if you get 150 people at your
  867. 26:08event trying the blueberry lemonade and
  868. 26:12135 of them love it like that is enough
  869. 26:14evidence of obviously if you know who
  870. 26:16these people are and they're not some
  871. 26:17random person that's outside your ICP.
  872. 26:20That is enough to press the button. I'll
  873. 26:22take
  874. 26:22>> People don't realize how small it has to
  875. 26:24be to really get the evidence.
  876. 26:25>> I would take an N equals 50 of people
  877. 26:28walking around the street over more
  878. 26:31value than anything I can buy from some
  879. 26:33fancy syndicated data thing that I spend
  880. 26:3550 grand for. For sure.
  881. 26:37>> That's wild. And yeah, I think just to
  882. 26:39repin on what you said for people out
  883. 26:40there listening, I mean it's the same
  884. 26:43exact same exact thing from podcast.
  885. 26:45we've said it before is so many people
  886. 26:47focus on like doing these podcasts and
  887. 26:48then they like forget about like the
  888. 26:51content at the end and the distribution
  889. 26:53at the end. If you have a really good
  890. 26:54product and nobody hears about it, then
  891. 26:56it's it's done. Same thing with an
  892. 26:57event. If you have a really good event
  893. 26:58and you don't have any event to capture
  894. 26:59to then use later, then it's it's just
  895. 27:01those however many people that had a
  896. 27:02good time there. You don't get all of
  897. 27:03that kind of kind of long tail. So,
  898. 27:06that's some great advice.
  899. 27:07>> Also, last bit there is that's why our
  900. 27:09team is the Bloom Girl. So essentially,
  901. 27:11I have 96 people who can sample energy
  902. 27:13drinks and can sample products and tell
  903. 27:15me what they're consuming, what they
  904. 27:16just found in their favorite grocery
  905. 27:18store and why we should make it. That's
  906. 27:19our consumer and they work in our office
  907. 27:21and I can I can I can just look into our
  908. 27:23like, you know, community cafeteria
  909. 27:25fridge or our team cafeteria or fridge
  910. 27:27and just be like, "Wait, what's this new
  911. 27:28product that four people just brought in
  912. 27:30today? Tell me about it. Let's order a
  913. 27:31whole bunch on Amazon and we're all
  914. 27:32going to try it." That has been the
  915. 27:34biggest incubation lab that exists for
  916. 27:37Bloom is just our team and what they're
  917. 27:39eating and consuming or or or drinking
  918. 27:41because that's our consumer. We hire the
  919. 27:44Bloom girl.
  920. 27:45>> Yeah, it's wild to think just that to
  921. 27:47tie on the event side. We're not saying
  922. 27:48that these are not good events, guys.
  923. 27:50They're great events,
  924. 27:51>> but it seems as though that's like
  925. 27:52that's like last on the pecking order.
  926. 27:54It's really just about the content
  927. 27:55distribution and then finding out if
  928. 27:56your ICP likes the product. for people
  929. 27:59out there. I think that that's a great
  930. 28:00piece of advice to give people is bring
  931. 28:02product that's not out, find your ICP,
  932. 28:05ask 50 100 people and then not order
  933. 28:08vegan protein like YouTube content.
  934. 28:11>> If you make an event that makes really
  935. 28:12good content, it's going to be a really
  936. 28:13good event like you know that that's
  937. 28:16that's a that's a direct correlation in
  938. 28:18my book.
  939. 28:19>> And from a a cost structure on that, I
  940. 28:21mean all the things that we talked about
  941. 28:22and then you're just looking at just
  942. 28:23like top of the funnel awareness of of
  943. 28:25what it is.
  944. 28:26>> Yeah. Yeah. And then that's like of
  945. 28:27course going to be the content that not
  946. 28:28only everybody who visits posts on their
  947. 28:30page and we'll make sure we bring some
  948. 28:31big influencers to the event as well,
  949. 28:33but it's also we take a lot of pride in
  950. 28:36our owned profiles. So, you know, Bloom
  951. 28:39on Instagram, Bloom on Tik Tok, even
  952. 28:41like, you know, our founders content of
  953. 28:42course like my wife or whoever it may be
  954. 28:44is posting like crazy about these about
  955. 28:46these events. And so, like that content
  956. 28:48can get millions of views. And so, we
  957. 28:51take and that's like a very valuable
  958. 28:52million of like people we really want to
  959. 28:54make sure see it. So that goes a long
  960. 28:56way as well.
  961. 28:57>> Yeah. And as you build your own
  962. 28:58channels, then you can start featuring
  963. 29:00people and doing co-branded posts. Then
  964. 29:01you have value against for sure
  965. 29:03obviously the people that you're
  966. 29:04partnering with. I want to tie up on the
  967. 29:06marketing side for anybody out there
  968. 29:08listening. What would you say is kind of
  969. 29:11the single most important shift that
  970. 29:13people need to understand and see that's
  971. 29:14happening in marketing? What are you
  972. 29:17seeing on your side?
  973. 29:19I would say I mentioned earlier moving
  974. 29:21at the speed of culture. There have been
  975. 29:23four monumental cultural interventions
  976. 29:25that have happened in just the last six
  977. 29:27years that I can that I can think of.
  978. 29:28Right? The first was co and I mentioned
  979. 29:30how we hopped on that and started to
  980. 29:31sell a ton of protein for people baking
  981. 29:33at home. Then Tik Tok was launched or
  982. 29:35Tik Tok started to really get some
  983. 29:37traction. Our team hopped on that so
  984. 29:39fast. Then I mean GLP1's was like
  985. 29:42[ __ ] crazy seeing how much just like
  986. 29:44consumer trends and pallets have changed
  987. 29:46and what people are actually buying at
  988. 29:49Walmarts and Targets and on Amazon
  989. 29:50because of this like pharmaceutical
  990. 29:52intervention that is GLP1s is crazy. And
  991. 29:54then of course the most recent is Tik
  992. 29:56Tok Shop. And so Tik Tok and Tik Tok
  993. 29:59Shop are two very different things. and
  994. 30:01trying to balance the two algorithms and
  995. 30:04master both of them. Any brand that can
  996. 30:07pull that off in 2026 going into 2027
  997. 30:10will be the brand that can win omni
  998. 30:12channel. It's going to be the brand that
  999. 30:13can win not just Tik Tok shop sales but
  1000. 30:15their Shopify, Amazon, and whatever
  1001. 30:17retail doors they're in. Like that is
  1002. 30:19the omni channel playbook right there is
  1003. 30:20mastering Tik Tok and Tik Tok shop as
  1004. 30:23two separate things
  1005. 30:24>> because you just think that you're
  1006. 30:25getting the most bang for your buck as
  1007. 30:27far as top of the funnel goes because
  1008. 30:28everyone is knows that they can make
  1009. 30:29money there on the affiliate side.
  1010. 30:30>> The affiliate thing is like awesome. I
  1011. 30:32was on a Discord call yesterday with I
  1012. 30:34think like 150 or 200 of our top
  1013. 30:36affiliates and like they're just they're
  1014. 30:38all quitting their nineto- fives and if
  1015. 30:40they haven't that's their goal with
  1016. 30:41joining our affiliate program. They're
  1017. 30:43quitting their nineto- fives and they're
  1018. 30:44doing this full-time. And we have
  1019. 30:46someone who just made like a a a normal
  1020. 30:49person who just made who quit their job
  1021. 30:50and made $50,000 in like two weeks
  1022. 30:53selling our clear protein powder on Tik
  1023. 30:54Tok shop. Like it's crazy. I think I
  1024. 30:56think it's the coolest thing about it is
  1025. 30:58it's the first time our community can
  1026. 31:01really like monetarily experience these
  1027. 31:03wins with us. So it's like now our Bloom
  1028. 31:06consumers also our Bloom salesperson.
  1029. 31:08It's almost turned us into this like
  1030. 31:09massive sales force and marketing force
  1031. 31:11where like everyone can just like
  1032. 31:13experience this growth with us. And
  1033. 31:15because we're such an omni channel
  1034. 31:16operation and 50,000 doors outside of,
  1035. 31:19you know, our digital channels, we can
  1036. 31:21really lean in heavy to how much we're
  1037. 31:23compensating these people and how much
  1038. 31:25we're compensating our our our content
  1039. 31:27creators and affiliates because that
  1040. 31:30channel isn't necessarily like what's
  1041. 31:31keeping the lights on, right? Like we're
  1042. 31:33we're allowing that halo to bring lift
  1043. 31:36elsewhere. So when we're crushing on Tik
  1044. 31:38Tok shop, we see the Tik Tok shop sales
  1045. 31:40more than 30% of those going over to
  1046. 31:42Amazon, going over to Target, going over
  1047. 31:44to Walmart. So we're we're at this huge
  1048. 31:46advantage where even though we're not
  1049. 31:48these like crazy ecom, Tik Tok shop
  1050. 31:50growth hackers, we can lean in so heavy
  1051. 31:52on just how much we're incentivizing our
  1052. 31:54creators because we know it's going to
  1053. 31:56affect the whole omni channel operation.
  1054. 31:58>> Yeah, cuz you have evida elsewhere. I
  1055. 31:59mean, you guys are going to absolutely
  1056. 32:01smash cuz when I think of like,
  1057. 32:04>> you know, these new playbooks where
  1058. 32:05people are just running it up so fast.
  1059. 32:07Like Hudson from Comfort, this guy's
  1060. 32:08done like three in three or four years,
  1061. 32:09like 29 years old,
  1062. 32:10>> like like a billion dollars.
  1063. 32:12>> He doesn't have the hedge in retail. So,
  1064. 32:14I think I can't think,
  1065. 32:17>> correct me if I'm wrong, I can't think
  1066. 32:18of any like CPG brands that are
  1067. 32:21>> probably in even 20,000 plus doors
  1068. 32:24outside of Rahal with David Protein
  1069. 32:26actually, that are running it up on this
  1070. 32:27Tik Tok shop. So, I feel like that you
  1071. 32:29guys have an enormous opportunity here
  1072. 32:30to to win on both sides and get the
  1073. 32:32bleed over.
  1074. 32:33>> The best part is is that most of my
  1075. 32:34competitors who do have that amount of
  1076. 32:36doors, they're the legacy corporations.
  1077. 32:39Cola is not on Tik Tok shop. Pepsi is
  1078. 32:41not on Tik Tok shop. You know, Mountain
  1079. 32:43Dew is not on Tik Tok shop. So, it's
  1080. 32:45like I am selling soda. Red Bull is
  1081. 32:46definitely not on Tik Tok shop and I'm
  1082. 32:48their competitor with an energy drink.
  1083. 32:49And so it's like that's where the young
  1084. 32:52brands like us can really take some
  1085. 32:54market share fast because they're
  1086. 32:56probably still figuring out like when
  1087. 32:58they want to launch it and we're a year
  1088. 32:59in, you know. All right, guys. If you
  1089. 33:01guys are lifting, you're not on Tik Tok
  1090. 33:02shop, you have an advantage now before
  1091. 33:04[music] the big boys come in. Sprint
  1092. 33:06while you can. As an operator, I am
  1093. 33:08always asking myself, what are the low
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  1099. 33:20That's a chargeback. Most brands just
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  1101. 33:23[music] exhaust you. In my first few
  1102. 33:25years of Iconic, we lost well over six
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  1106. 33:32follow-through. You don't even have to
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  1112. 33:44pay [music] nothing. 60 days fully
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  1115. 33:51Stop giving back revenue you already
  1116. 33:53earned.
  1117. 33:55>> I want to change gears a bit and we're
  1118. 33:57going to talk about kind of this
  1119. 33:58reinvention playbook cuz as we
  1120. 34:00mentioned, you guys are scaling stuff up
  1121. 34:02and then just kind of going to the next
  1122. 34:03battle. Let's start with just this $1.36
  1123. 34:06million day. For people out there,
  1124. 34:08that's what they may or may not be doing
  1125. 34:10in a year. Tell us about that day. What
  1126. 34:12happened?
  1127. 34:12>> Damn. All right. So, Mar and I were
  1128. 34:14living in Brooklyn, New York. We had
  1129. 34:15been there for about a year. We had just
  1130. 34:18lost our one full-time employee, and we
  1131. 34:22had had our greens powder sold out for
  1132. 34:24quite a while. And, you know, maybe
  1133. 34:26maybe 6 weeks.
  1134. 34:27>> Contextually, this is your hero product.
  1135. 34:28>> This was our hero product at the time.
  1136. 34:30And it sold out quick, you know, a
  1137. 34:31couple six weeks ago, but we didn't
  1138. 34:33really think anything of it. It was
  1139. 34:34going to be a big restock day. And we
  1140. 34:36blasted our email list. We start the
  1141. 34:39day. It's 9:00 a.m. We're in our first
  1142. 34:40co-working space. We walk up the street
  1143. 34:42from our from our, you know, two-bedroom
  1144. 34:44apartment in Brooklyn. And we get to the
  1145. 34:45co-working space. We send out the email
  1146. 34:48blast. We send out the SMS blast. We
  1147. 34:50post on Instagram. Mari posts all over
  1148. 34:52her Instagram. And we just kind of
  1149. 34:53waited. And so
  1150. 34:56much traffic came to our Shopify
  1151. 34:58relative to what we were used to at the
  1152. 34:59time. And within 12 hours, we did $1.36
  1153. 35:02million. And now obviously we do like
  1154. 35:03over a million a day. But at the time,
  1155. 35:05that was just like, what the [ __ ] just
  1156. 35:07happened? And the worst part is is that
  1157. 35:09we actually sold out that day. So, so I
  1158. 35:11had to tell our consumers again like,
  1159. 35:12"Sorry guys, we sold out." But I learned
  1160. 35:14two I learned three things that that
  1161. 35:16day. One, restock is the most powerful
  1162. 35:18word in validity marketing, right? And
  1163. 35:21everybody, especially with the digital
  1164. 35:23brand, should be chasing validity with
  1165. 35:25everything that they have because you
  1166. 35:26are still just like the random Instagram
  1167. 35:28brand. You are still like the random
  1168. 35:30influencer that made a CPG product. And
  1169. 35:32you need to find words of validity or or
  1170. 35:34statements of validity that you can
  1171. 35:36attach to your brand as often as
  1172. 35:38possible to be associated with, you
  1173. 35:39know, the big brands that people don't
  1174. 35:41question buying.
  1175. 35:42>> The marketing language we're talking
  1176. 35:43about here,
  1177. 35:44>> marketing language and like what what is
  1178. 35:46more valid than we've had to restock
  1179. 35:48this three times, right? Then people
  1180. 35:50know, oh, somebody bought this so many
  1181. 35:52times that it sold out three times and
  1182. 35:54now it has restocked.
  1183. 35:55>> I've seen this one hat brand I always
  1184. 35:56get an Instagram story. like the hat
  1185. 35:58that's been restocked 11 times and
  1186. 36:00they're and they're doing like $2
  1187. 36:01million a year on just that messaging.
  1188. 36:03>> That's fire. Restock is the most
  1189. 36:05powerful word in marketing. And I would
  1190. 36:07say second is like that was the first
  1191. 36:08day where we had to have some extreme
  1192. 36:10discipline and say we're not going to
  1193. 36:11touch this [ __ ] money. We're going to
  1194. 36:13roll it back in. Right? And so that day
  1195. 36:15we took that $1.36 million and we called
  1196. 36:17our manufacturer and said, "We will take
  1197. 36:18$1.36 million of more greens, please."
  1198. 36:21Right? So we so we just rolled it back
  1199. 36:23in. And so we just kind of continued
  1200. 36:24snowballing. We were bootstrapped. we
  1201. 36:26bootstrap to $180 million. And so that
  1202. 36:28was the first day where it was like
  1203. 36:30discipline is on the line. We're not
  1204. 36:31going to go buy a BMW. We're not going
  1205. 36:32to go buy an apartment. We're not going
  1206. 36:34to do anything. We're just going to
  1207. 36:35double down and get more product. And
  1208. 36:37that was kind of what we did with Bloom
  1209. 36:39for I mean up until today really. I mean
  1210. 36:43we were profitable but cash flow wise
  1211. 36:45like just to grow at that scale the
  1212. 36:47money was always going back in. And so
  1213. 36:49to have days like that and have the
  1214. 36:51discipline to to roll everything back in
  1215. 36:53and put your back up against the wall
  1216. 36:55even when you have a place where you can
  1217. 36:57take some comfort is just what makes
  1218. 36:59entrepreneurship and what makes a brand
  1219. 37:00growing this fast.
  1220. 37:01>> Yeah, it's always good to have money in
  1221. 37:03the bank. Maybe get a little 4% on tea
  1222. 37:04bills. Yeah, you can get creative there.
  1223. 37:06I'm not in the inventory game. So with
  1224. 37:08you guys, it's I mean it's just it's a
  1225. 37:09cash suck all the time. I want to double
  1226. 37:11click back in that marketing copy
  1227. 37:13because you said something there and
  1228. 37:14it's something that I've seen you guys
  1229. 37:16do a lot on the internet and you with
  1230. 37:18your personal brand is not only like
  1231. 37:19restock I'm sure there's a lot of other
  1232. 37:21words but just like saying things that
  1233. 37:24only you can say
  1234. 37:26>> like there's so much stuff that like
  1235. 37:28>> the more you grow people like don't want
  1236. 37:30to flex but at the same time like you
  1237. 37:33should flex and say the social proofing
  1238. 37:35things that nobody else can actually
  1239. 37:36say.
  1240. 37:37>> Yeah. And and social proof is the best
  1241. 37:38way to say it. I would say
  1242. 37:41building in public is the only reason
  1243. 37:43Bloom exists today. How are you going to
  1244. 37:45separate yourself from the corporations?
  1245. 37:46It's building in public. And if you're
  1246. 37:48to me building in public is one founder
  1247. 37:51forward. Like if you if you have too
  1248. 37:53I've seen pride kill some of the best
  1249. 37:55entrepreneurs. Put up that cringe
  1250. 37:57content. Put up you in the manufacturer.
  1251. 38:00Put up maybe occasionally show you
  1252. 38:02having the bad day. don't cry on camera
  1253. 38:03every [ __ ] day, but once a month
  1254. 38:04maybe you can cry on camera. And and and
  1255. 38:08building in public and sharing validity
  1256. 38:10statements along the way, even if you
  1257. 38:12have to use the word this is how many
  1258. 38:14we've sold. And I think coming from
  1259. 38:16especially the female content creator
  1260. 38:19point of view, which was my wife,
  1261. 38:20obviously talking about your business as
  1262. 38:22if it was a business was like lowbrow in
  1263. 38:252019 2020. It was like lame for Mari to
  1264. 38:28run Facebook ads saying come follow my
  1265. 38:30page. It was weird that she didn't want
  1266. 38:33to just go sign the big Gym Shark deal
  1267. 38:34and wanted to actually make her her own
  1268. 38:36brand, right? And so, not allowing your
  1269. 38:39pride to stop you from doing the the
  1270. 38:42against society's
  1271. 38:44suggestions way of life has been what
  1272. 38:47has made Bloom. So, like examples of
  1273. 38:49validity statements or announcements
  1274. 38:51that we've made along the way is like
  1275. 38:52we're number one on Amazon. I don't need
  1276. 38:55to know anything else about that
  1277. 38:56product. If you say something is number
  1278. 38:57one on Amazon, I want to try it. If you
  1279. 39:00want, I used to post if Target would
  1280. 39:02send us an email about how much we
  1281. 39:03crushed sales at the launch day. I would
  1282. 39:05screenshot the email and post that on
  1283. 39:07our Instagram and say, "We just crush
  1284. 39:09Target." And if anyone is wondering
  1285. 39:11about whether or not they want to try
  1286. 39:13that product and they see that we're now
  1287. 39:15the number one selling OTC item at
  1288. 39:17Target and we and we beat [ __ ] flown
  1289. 39:20even, then it's like, I should probably
  1290. 39:21go try that product. So, like constantly
  1291. 39:24posting validity statements will open so
  1292. 39:26many doors for you and will just
  1293. 39:29increase your chances of good luck,
  1294. 39:31right? And I'm not talking I'm not just
  1295. 39:32talking about getting more consumers.
  1296. 39:35It's going to have retailers calling
  1297. 39:36you. Wait, this product's crushing it in
  1298. 39:38Target. I should probably also have this
  1299. 39:39on my shelves. It's also going to have
  1300. 39:41investors come to you. It's going to
  1301. 39:42have people that just want that are
  1302. 39:44talent acquisition. The only reason
  1303. 39:45we've been able to attract such an
  1304. 39:46incredible team is because we have shown
  1305. 39:49everything that we're doing on a on a on
  1306. 39:51a quantity and quality level through
  1307. 39:54LinkedIn, through Instagram, through Tik
  1308. 39:55Tok. And because of that, people are
  1309. 39:56like, I want to go join this movement
  1310. 39:58and join this team over in Austin, Texas
  1311. 39:59at Bloom, right? So, it's like if we
  1312. 40:02weren't building in public this whole
  1313. 40:03time, I think Bloom would be 10% the
  1314. 40:04size.
  1315. 40:05>> I love that. I feel like I don't see it
  1316. 40:07much outside of CPG. I see like Dom
  1317. 40:09Ross, Shackleford with Breeze does it.
  1318. 40:11Hudson has done a good job on the
  1319. 40:12apparel side of flexing it, but not
  1320. 40:14enough people. I mean, I'm just thinking
  1321. 40:16in my head like seeing these Instagram
  1322. 40:17stories where it's like a Microsoft
  1323. 40:18Excel sheet and it has like the
  1324. 40:19week-overweek percentage and you see
  1325. 40:21like you against, you know, you against
  1326. 40:23like a huge brand that everybody knows
  1327. 40:26immediately it opens the curiosity gap
  1328. 40:28>> and it allows you to never run those
  1329. 40:30annoying ads of like comparing my greens
  1330. 40:32to another greens, right? Or comparing
  1331. 40:34my energy drink to another energy drink.
  1332. 40:36I never talk about the competition. I
  1333. 40:37talk about what I'm doing and that's all
  1334. 40:39that I want to talk about. I don't want
  1335. 40:40to shine light on anybody else. And I I
  1336. 40:43do think this goes back to like because
  1337. 40:45we were so much in the female space,
  1338. 40:47this was like very odd in the female
  1339. 40:50space because like people were too we're
  1340. 40:52too
  1341. 40:54we're too posh to talk about the
  1342. 40:56business that they were scaling and this
  1343. 40:57was difficult for my wife in the female
  1344. 40:59space coming from England where like no
  1345. 41:00one talks about how big their business
  1346. 41:02is like it is not pro entrepreneurship
  1347. 41:04over there. So for us to like break
  1348. 41:06through this uncomfortable spot of
  1349. 41:08talking about how much we have sold was
  1350. 41:11was tough for us but it has paid
  1351. 41:14dividends every single time we have made
  1352. 41:16these announcements.
  1353. 41:17>> Love that. So you guys are nine figures
  1354. 41:20from a green's perspective and then kind
  1355. 41:21of going back into that reinvention
  1356. 41:22playbook. You then go on to energy and
  1357. 41:25soda and all this other stuff. What are
  1358. 41:27those moments for for people out there
  1359. 41:29like those reflection moments like how
  1360. 41:30and why and when like why did you know
  1361. 41:32obviously you're saying you want to go
  1362. 41:33after bigger Tams but what are these
  1363. 41:35like key inflection moments that say hey
  1364. 41:38we need to go on to the next thing
  1365. 41:39>> the the biggest the biggest key into
  1366. 41:42going into the next thing is I never
  1367. 41:45reinvent the wheel. So with any product
  1368. 41:47that we're going after first and
  1369. 41:49foremost we do not reinvent the wheel.
  1370. 41:51We take a wheel that's already existing
  1371. 41:52and we make it 10 times better. So we
  1372. 41:54are not the first greens powder. We are
  1373. 41:56not the first energy drink. We are not
  1374. 41:57the first better for you soda and I
  1375. 41:59wouldn't have it any other way. And so
  1376. 42:00when Bloom Greens was highly competing
  1377. 42:03with AG1 at the time called Athletic
  1378. 42:05Greens, if they signed Joe Rogan, if
  1379. 42:07they signed, you know, a huge front page
  1380. 42:10Wall Street Journal publication ad,
  1381. 42:12whatever, I loved when they did that
  1382. 42:14because all they were doing was rising
  1383. 42:16the tide for all of these ships. They
  1384. 42:18were advertising for Greens overall. And
  1385. 42:20if there's one thing you don't want to
  1386. 42:22do as a bootstrapped brand, it's spend
  1387. 42:24your money on education. I don't want to
  1388. 42:27explain to anybody what an energy drink
  1389. 42:28is. That is a waste of my marketing
  1390. 42:30dollars that I need to spend on
  1391. 42:32explaining why mine is better. Right?
  1392. 42:34And if I don't need to teach any There's
  1393. 42:36already cup holders in the car, right?
  1394. 42:38It energy drinks go in this can. I'm not
  1395. 42:41going to
  1396. 42:41>> literally that exact shape. It's
  1397. 42:42>> of course I'm not going to put an energy
  1398. 42:44drink in a soda can. I'm not going to
  1399. 42:46put a soda in an energy drink can. I
  1400. 42:47don't even notice that. But obviously,
  1401. 42:49yeah, you're right.
  1402. 42:49>> Of course. Right. No sense. And I'm not
  1403. 42:51going to put an energy drink in a
  1404. 42:52[ __ ] milk carton, even though that'd
  1405. 42:53be hilarious. Like, I'm going to put it
  1406. 42:55in an energy drink can.
  1407. 42:56>> I do think there's white space for that.
  1408. 42:58Little little innovation there.
  1409. 42:59>> So, if there's one thing that I I think
  1410. 43:01so many people get overwhelmed entering
  1411. 43:03a saturated space, but you want a
  1412. 43:05saturated space because that means so
  1413. 43:07many brands have already spent the money
  1414. 43:09educating people on what this product
  1415. 43:10is.
  1416. 43:11>> And then you can win on product, on
  1417. 43:12brand, on anything and everything else.
  1418. 43:15>> Yeah. And then I would just say like as
  1419. 43:16as you're going after challenge, you
  1420. 43:18know, one of the ways that you can just
  1421. 43:20know you're meeting a savage
  1422. 43:21entrepreneur is if you see them every
  1423. 43:23six months, they're like completely
  1424. 43:25different, right, than you than when you
  1425. 43:27saw them and you're like, "What the [ __ ]
  1426. 43:28happened to that guy? Did he get a
  1427. 43:29haircut or something? Or is he just like
  1428. 43:30acting completely different?" And it's
  1429. 43:31because if you're truly leveling up a
  1430. 43:34business and constantly going after
  1431. 43:35bigger and bigger challenges, like
  1432. 43:36you're going to see that in your
  1433. 43:37self-development as well. and you are
  1434. 43:39not even going to be able to recognize
  1435. 43:41yourself in old photos because of where
  1436. 43:43you were at as an entrepreneur and where
  1437. 43:44you were at as a brand. And as we were
  1438. 43:47going after bigger and bigger
  1439. 43:48categories, it just kind of was like,
  1440. 43:50why would I continue to give my mind
  1441. 43:52share to something that has such a low
  1442. 43:56ceiling? At the time, maybe it was booty
  1443. 43:57bands, then it was pre-workout, then it
  1444. 43:59was recovery powders when I can give all
  1445. 44:01of it to something that is 10 times the
  1446. 44:02size. If I never did that, this energy
  1447. 44:05drink is obviously doing more in a day
  1448. 44:07than the Booty Bands could have done in
  1449. 44:08an entire year. But the Booty Bands
  1450. 44:11business was comfortable. Like I could
  1451. 44:12have just stopped.
  1452. 44:13>> We're going to get into the booty bands.
  1453. 44:14The booty bands business and the PDF
  1454. 44:15gang. That that that was an interesting
  1455. 44:18>> in that in that in that era of my life.
  1456. 44:19I was talking to Pakistan on WhatsApp
  1457. 44:21more than I was talking to anybody in
  1458. 44:22America. Like
  1459. 44:23>> WhatsApp and the kick app I used to be
  1460. 44:25on a lot with those shot for shots on
  1461. 44:27Instagram.
  1462. 44:28>> Occasionally go on Telegram if things
  1463. 44:29are getting crazy. If
  1464. 44:30>> you're on Telegram, it's getting weird.
  1465. 44:32[laughter] Signal Signal was out there
  1466. 44:33for for a little bit. Dude, it's so
  1467. 44:35crazy, man. I forgot who I talked about.
  1468. 44:37That was Brian Garflow, CEO of Skull
  1469. 44:38Candy. Great episode. Just the more and
  1470. 44:40more mature that people get as
  1471. 44:42entrepreneurs, like
  1472. 44:44>> don't want to be first mover.
  1473. 44:45>> Yeah. No.
  1474. 44:46>> Don't want to be first mover.
  1475. 44:47>> No. And and this word like why would you
  1476. 44:49want to launch an energy drink? That's a
  1477. 44:50saturated space. It's like that's
  1478. 44:51exactly why I want to launch an energy
  1479. 44:53drink. There's already a place for this
  1480. 44:54in Target. There's already a category on
  1481. 44:56Amazon. If you're creating a product and
  1482. 44:58there's not already a category for it on
  1483. 45:00Amazon, get ready to need to raise some
  1484. 45:02[ __ ] money because you're going to
  1485. 45:03need to go educate all of these people
  1486. 45:05and 90% of them won't even want to buy
  1487. 45:07your product.
  1488. 45:08>> Yeah. With that, with that being said, I
  1489. 45:09do think there's something to be said
  1490. 45:10about if you do do that, you could have
  1491. 45:12an asymmetric outcome and win huge, but
  1492. 45:14the chances
  1493. 45:15>> that's not my journey. Speaking for
  1494. 45:17myself,
  1495. 45:18>> you're layering on top of the
  1496. 45:19pre-existing brand and you could just
  1497. 45:20turn the lights on on a random category.
  1498. 45:22>> What are those key things that you're
  1499. 45:23looking at when you're looking at a new
  1500. 45:25product? You mentioned TAM, you
  1501. 45:26mentioned asking your community, is
  1502. 45:27there anything else big that you guys
  1503. 45:29look at?
  1504. 45:29>> I would just say that that that the
  1505. 45:30category stale, right? So, when we saw
  1506. 45:33the energy drink space, we were like,
  1507. 45:34this isn't cute. These products don't
  1508. 45:36even taste that good. There hasn't been
  1509. 45:38much change that has happened here in a
  1510. 45:39while. And for some reason, a lot of
  1511. 45:40these brands are still growing. Like the
  1512. 45:42category overall was still growing
  1513. 45:44rapidly. So, you don't want to enter a
  1514. 45:45declining category and then go try to
  1515. 45:47like revive the whole category yourself,
  1516. 45:48right? So, energy and soda were to us
  1517. 45:52stale.
  1518. 45:52>> And these are like these are like 100
  1519. 45:54billion plus market. They're massive.
  1520. 45:56>> Oh my god, it's insane. And it's global.
  1521. 45:58>> So it's like and because we were
  1522. 46:01>> something that I have looked at now in
  1523. 46:02my career in the last 3 years is what
  1524. 46:04categories have a higher barrier to
  1525. 46:06entry. So when we were launching just
  1526. 46:08supplements, it felt like every month
  1527. 46:10there was just another 19-year-old in a
  1528. 46:12penthouse in Bickl, Miami who was
  1529. 46:14somehow creating a a legitimate
  1530. 46:16competitor to us on Amazon, right?
  1531. 46:18Right. So, it's like, okay, if the the
  1532. 46:21Bickl penthouse [ __ ] can create a
  1533. 46:23competitor within 60 days,
  1534. 46:24>> we're going to pop up a ton of brickl
  1535. 46:27[laughter] [ __ ] with a bunch of
  1536. 46:28lambos. Yeah.
  1537. 46:28>> Yeah. With a bunch of with a bunch of
  1538. 46:29rental. Yeah. [laughter]
  1539. 46:32>> If they if they can make a competitor to
  1540. 46:34this business that I take so much pride
  1541. 46:35in, then did I really create something
  1542. 46:37that special? And how can I now play
  1543. 46:40chess instead of checkers and create
  1544. 46:42strategic barriers to raise my barrier
  1545. 46:44to entry? So, the first of course was
  1546. 46:45just going into retail, right? So like I
  1547. 46:47know that you can't just get into retail
  1548. 46:49in 60 days. And so that started of
  1549. 46:51course with Target, then Walmart, and
  1550. 46:52then now we're at 50,000 doors. But the
  1551. 46:54second was like signing massive
  1552. 46:57strategic partnerships with some of the
  1553. 46:58biggest companies in the world. So like
  1554. 47:00with the energy drink, a very difficult
  1555. 47:01high capital to start, you know, hugeQs,
  1556. 47:05a supplement you might just need 20
  1557. 47:06grand to start the whole project, right?
  1558. 47:08But with the energy drink, like hugeQs,
  1559. 47:10we're on Dr. Pepper trucks. We already
  1560. 47:13had the retail relationships.
  1561. 47:15it still worked with everything that we
  1562. 47:17were doing in terms of influencer
  1563. 47:18marketing and the relationships that we
  1564. 47:19have with those retailers because of our
  1565. 47:21nutrition business. So, it's like what
  1566. 47:22synergies can we find that we can
  1567. 47:25connect the dots to still creating
  1568. 47:27something innovative but but allows us
  1569. 47:31to use the strengths that we've built
  1570. 47:32over the last decade. Right? So, I
  1571. 47:34wouldn't go start you mentioned a car
  1572. 47:36earlier. They don't I don't think they
  1573. 47:37sell cars at Target, right? Like how can
  1574. 47:39that and that's one of my strategic
  1575. 47:40partnerships. So it's like how can I
  1576. 47:42make sure that whatever my innovation is
  1577. 47:44using the things that I have accumulated
  1578. 47:47over the last 10 years.
  1579. 47:48>> You should read this book Porter's five
  1580. 47:50forces is on uh competitive analysis and
  1581. 47:52I feel like we're starting to see more
  1582. 47:54>> about production and supply chain and
  1583. 47:57now what you're saying distribution like
  1584. 47:59those are starting to become like the
  1585. 48:01biggest modes possible. The fact that
  1586. 48:03you own the mind share of the target
  1587. 48:05buyer whoever it is you have the ability
  1588. 48:07you're at least going to get a crack to
  1589. 48:09bring in X new product.
  1590. 48:10>> Yeah. And then I mean you want to talk
  1591. 48:12about the target buyer like this wasn't
  1592. 48:13at Target but one of the old school ways
  1593. 48:15to get a buyer's attention at a retailer
  1594. 48:17was just let's just say we're talking
  1595. 48:19about Target they're in Minneapolis. You
  1596. 48:21would buy the billboards in Minneapolis
  1597. 48:23for your brand and then they would be
  1598. 48:24like I'm seeing this brand everywhere.
  1599. 48:25Like how I should probably call them up
  1600. 48:27and try to get them in my store cuz you
  1601. 48:28always want a scenario where the buyer's
  1602. 48:29calling you and you're not calling the
  1603. 48:31buyer cuz then you're going to have the
  1604. 48:32leverage, right? And so how we did that
  1605. 48:34in 2022 or 2023 was we would find the
  1606. 48:38buyer and who they followed on Instagram
  1607. 48:40and then we would sign all of those
  1608. 48:42influencers and they'd be like, I'm
  1609. 48:44seeing this product all over Instagram.
  1610. 48:46Everyone I follow is talking about it.
  1611. 48:48Can we have a meeting cuz I want to get
  1612. 48:49this on my shelves. So that was always
  1613. 48:51the best way to get somebody who's who
  1614. 48:54is, you know, Illuminati to us, get
  1615. 48:56their attention. I love that you said
  1616. 48:58that cuz people on the Gretman episode,
  1617. 48:59he talks about he's like a maniacal hawk
  1618. 49:01on looking at his phone and looking at
  1619. 49:03the tables on his restaurants. Like the
  1620. 49:05reality is is like that happened and I'm
  1621. 49:08going to take a wild guess here. You're
  1622. 49:10not going to be like to that buyer like,
  1623. 49:11"Oh, I did that on purpose." Like you
  1624. 49:13never you don't say anything and you can
  1625. 49:15create this massive strategic engine in
  1626. 49:18and around them without talking to them
  1627. 49:19and obviously they're going to come to
  1628. 49:21you. You're not going to go them. More
  1629. 49:22people need to do that.
  1630. 49:23>> Yes. And more people need to realize
  1631. 49:25that there are humans behind those
  1632. 49:26desks. Like you you imagine these
  1633. 49:29massive corporations and that you're
  1634. 49:30just talking to some like, you know,
  1635. 49:31binary computer making only objective
  1636. 49:33decisions. But the reality is is they're
  1637. 49:35making emotional decisions and they want
  1638. 49:37to make a bet on you. And if they're
  1639. 49:38seeing a brand crush it digitally, they
  1640. 49:40want to be the person in the walls of
  1641. 49:42that retailer that took the chance and
  1642. 49:44brought in that digital brand and it was
  1643. 49:46a huge success. So if you can find like
  1644. 49:48the entrepreneur within these large
  1645. 49:50corporations and figure out how to
  1646. 49:51partner with that individual, that's the
  1647. 49:54person when you're in a meeting room
  1648. 49:55with 10 people at a large corporation,
  1649. 49:56you're looking at them the whole time.
  1650. 49:58>> Hyperfocused on that one human,
  1651. 50:00>> that one entrepreneur that wants to make
  1652. 50:01a name for themselves within the company
  1653. 50:03and they will take the bet on you.
  1654. 50:04>> Yeah. So for someone like you, someone
  1655. 50:06that goes to the gym six times a week,
  1656. 50:08sub 10% body fat, we can we can talk
  1657. 50:10about some [laughter]
  1658. 50:11>> stuff like that.
  1659. 50:12>> Perhaps
  1660. 50:12>> throughout this whole entire journey,
  1661. 50:13you're bootstrapped. So you bootstrapped
  1662. 50:15180 million, no outside capital.
  1663. 50:17>> I'd love to give people context on why
  1664. 50:21>> you chose that route and now what has
  1665. 50:22been the payoffs. I want to get into the
  1666. 50:24partnership after, but why did you guys
  1667. 50:25not raise outside capital?
  1668. 50:26>> I mean, you know, you you mentioned
  1669. 50:28reading a book a second ago. I graduated
  1670. 50:31college with a 24.
  1671. 50:32>> I was 21 [laughter]
  1672. 50:342.11
  1673. 50:365 years University Delaware. I needed to
  1674. 50:38get a certain score on the last test.
  1675. 50:39>> That's first that's the lowest I've ever
  1676. 50:41heard.
  1677. 50:41>> But [laughter]
  1678. 50:42aren't you curious? I'm so curious to
  1679. 50:44like I would imagine that I can go back
  1680. 50:46and get a 4.0 now because like when I
  1681. 50:47focus on things obviously I'm when I
  1682. 50:50focus I'm good.
  1683. 50:51>> I'm curious. You think you could do
  1684. 50:52good? Do you think you can get high
  1685. 50:52grades?
  1686. 50:53>> I think I could now. I think I I would
  1687. 50:55like to think so. Yeah. Yeah. And I
  1688. 50:57would and I would probably be not taking
  1689. 50:58Adderall and I was taking a ton of
  1690. 51:00Adderall for that 2.6.
  1691. 51:01>> You want to [ __ ] around and go take a
  1692. 51:02like a Harvard digital class with me? We
  1693. 51:04should do that.
  1694. 51:04>> I'm down to do [laughter] it's like two
  1695. 51:06weeks like 2500 bucks. I'm down.
  1696. 51:08>> And then we could get on our LinkedIn
  1697. 51:09and then we could get a consulting gig.
  1698. 51:10>> Amazing. [laughter] And then we could
  1699. 51:12take a picture outside of Harvard after
  1700. 51:14and then we can flex that as well.
  1701. 51:15That's hilarious. I like that.
  1702. 51:16>> So, I'm not an academic. My wife's not
  1703. 51:19an academic. When we launched Bloom, she
  1704. 51:20had dropped out of college at that
  1705. 51:22point. She was working the front desk
  1706. 51:23the opening shift at an Orange Theory
  1707. 51:25Fitness, like cleaning the [ __ ]
  1708. 51:26bathrooms. It was the worst. And I grew
  1709. 51:29up in a society where it was just like
  1710. 51:31lawyer, doctor, finance, and you're
  1711. 51:33going to an Ivy League school.
  1712. 51:34Otherwise, you and your family are never
  1713. 51:36going to be talked about again, right?
  1714. 51:37Like that's all anyone cared about. And
  1715. 51:39I was like this kid who could not even
  1716. 51:41finish a sentence in a book because my
  1717. 51:43ADHD was so outrageously miserable. And
  1718. 51:46I finally was able to to figure out a
  1719. 51:49space where I could use that ADHD and
  1720. 51:52harness it towards hyperfocus on one
  1721. 51:53thing which started as the gym, right?
  1722. 51:56So I just got obsessed with the gym and
  1723. 51:57I seem to get some like positive society
  1724. 51:59status around being the person that was
  1725. 52:01in shape. And then I realized, oh, if I
  1726. 52:03just teach people how to get in shape
  1727. 52:04with my wife, we'll make a whole
  1728. 52:06following out of giving this free value
  1729. 52:08away. Right? So that was the the the the
  1730. 52:10the seed for everything that had started
  1731. 52:13was taking this thing that like most of
  1732. 52:14society said was like kind of dumb and
  1733. 52:16we were not academics and I can't even
  1734. 52:18read a book and it's like how do we
  1735. 52:21choose that one thing that we are good
  1736. 52:22at and start our community by giving
  1737. 52:24that away as free value right but your
  1738. 52:28question was why did you bootstrap was
  1739. 52:31it just did you just not know any better
  1740. 52:32>> going back yeah so going back to not
  1741. 52:34being an academic we didn't even [ __ ]
  1742. 52:36know what enterprise value was I didn't
  1743. 52:38realize like anyone would want to like
  1744. 52:39buy a brand like Bloom or buy a piece of
  1745. 52:42a brand like Bloom and become a large
  1746. 52:44scale investor. Like I had no idea what
  1747. 52:46any of this was. Like even when we had
  1748. 52:47the $ 1.36 million day, like I thought
  1749. 52:50that was crazy, but I didn't know what
  1750. 52:52anyone else was doing. Like we were
  1751. 52:53locked in a room forever just working
  1752. 52:55together. So we had kind of no idea what
  1753. 52:57we were creating the whole time. And
  1754. 52:59it's funny like even when we ended up
  1755. 53:00moving to Boulder, Colorado, which is we
  1756. 53:02moved there because we were starting our
  1757. 53:04entrepreneurship journey. We had Mari
  1758. 53:05Fitness. Then we had the Slay app and we
  1759. 53:07moved to Boulder, Colorado because we
  1760. 53:08just needed to get away from the society
  1761. 53:10and this culture that we were in of
  1762. 53:12lawyer, doctor, finance. And we lived
  1763. 53:14there for a year and a half. We don't
  1764. 53:16have one friend. We didn't make one
  1765. 53:18friend in Boulder, Colorado. It was just
  1766. 53:19my wife and I working every day, seven
  1767. 53:22days a week for a year and a half. And
  1768. 53:23that's where we launched Bloom. But
  1769. 53:25yeah, we had no idea what we were
  1770. 53:26building. And then one day we were we
  1771. 53:29were at you know a trade show and
  1772. 53:31someone came up to us and we're like are
  1773. 53:32you aware of what this business could be
  1774. 53:35worth like and we want to buy a piece of
  1775. 53:37it and we could help you you know scale
  1776. 53:38it up and we had all the fun private
  1777. 53:41equity conversations and none of them
  1778. 53:42really floated our boat and we were
  1779. 53:44profitable at the time and I don't know
  1780. 53:46that just like wasn't really our thing.
  1781. 53:47Shout out to anyone who does private
  1782. 53:49equity deals like do do your thing. That
  1783. 53:52just like wasn't Bloom's path and so
  1784. 53:54yeah we had no idea what that was. We
  1785. 53:56had no idea.
  1786. 53:57>> So why NeutriBolt? Let's talk about that
  1787. 53:58deal. That was that was a big deal you
  1788. 54:00guys had a couple years ago.
  1789. 54:00>> So we had a nutrition portfolio and we
  1790. 54:03had a little bit of a reputation for
  1791. 54:04ourselves of like, you know, we we were
  1792. 54:06continuing to take swings and not only
  1793. 54:08were we able to sell an amazing greens
  1794. 54:11business, but the greens business was
  1795. 54:12Bloom as an overall platform brand and
  1796. 54:15we really understood social media and we
  1797. 54:18were kind of like the new the new hot
  1798. 54:19thing on the block and I wanted to go
  1799. 54:22after beverage. Once we we were told
  1800. 54:25from private equity that if you add a
  1801. 54:28beverage to the portfolio, two things
  1802. 54:29will happen. One, no one was acquiring
  1803. 54:32beverage businesses at the time, right?
  1804. 54:33So like you know Celsius buying Alani or
  1805. 54:35Cure Dr. Pepper buying Ghost or whatever
  1806. 54:38these recent transactions are that have
  1807. 54:39been happening.
  1808. 54:40>> Context, what year was this? 2022. 2023.
  1809. 54:43>> 2022.
  1810. 54:44>> Yeah.
  1811. 54:44>> And no, 2023. Y
  1812. 54:46>> and so there wasn't a market for energy
  1813. 54:48drinks. And even worse, generally a
  1814. 54:51large scale strategic doesn't want to
  1815. 54:52buy like a platform brand. They want to
  1816. 54:55buy an amazing collagen powder brand.
  1817. 54:57They want to buy an amazing just a lone
  1818. 54:59energy drink
  1819. 55:00>> for meat on the bone. They don't want it
  1820. 55:01fully,
  1821. 55:01>> right? Cuz like Nestle might just want
  1822. 55:03the supplement powders, but they don't
  1823. 55:04do energy drinks. And then Cur Dr.
  1824. 55:06Pepper probably only wants energy
  1825. 55:07drinks, right? So, I'm not speaking for
  1826. 55:10Dr. Pepper there, but we knew we wanted
  1827. 55:11to go after energy drinks. And I also
  1828. 55:13knew that I was just like a 28-year-old
  1829. 55:15trying to figure out like how was I
  1830. 55:16going to level up my career? And so
  1831. 55:18after talking to a thousand different
  1832. 55:20potential partners and private equity
  1833. 55:22and banks and whatever it may be, we had
  1834. 55:24a choice of either just selling this
  1835. 55:26whole business or trying to go after the
  1836. 55:29next big challenge with what we had
  1837. 55:31built, which we knew would be beverage.
  1838. 55:33And the only person who was down to
  1839. 55:36partner with us on beverage was Doss
  1840. 55:38Cunningham, who's the CEO of Neutribalt,
  1841. 55:40which is C4. We all, most of us men in
  1842. 55:42America probably tried C4 pre-workout
  1843. 55:44sometime in our life. You probably
  1844. 55:46snorted it at some point. And so
  1845. 55:47[laughter]
  1846. 55:48>> no no start.
  1847. 55:49>> Yeah,
  1848. 55:49>> we talk a lot about no explode on this.
  1849. 55:51You remember no explode?
  1850. 55:52>> Dude, BSN, hell of a product. Hell of a
  1851. 55:54product.
  1852. 55:54>> That's a banger.
  1853. 55:54>> Mine would I would just keep it in the
  1854. 55:55trunk of my car and it would like
  1855. 55:57crystallized in the bottle and like if
  1856. 55:58you could get a crystal before an arm
  1857. 56:00pump, it was over. But anyway,
  1858. 56:01>> this was the steroids before the
  1859. 56:02steroids.
  1860. 56:02>> Yeah. Yeah. Yeah, for sure. Thank God
  1861. 56:04for those two. And then [laughter] so
  1862. 56:06and so we we sat with Doss and there was
  1863. 56:11two huge things that we noticed. one, he
  1864. 56:13had taken a C4 pre-workout brand and had
  1865. 56:16also launched it into C4 energy drink
  1866. 56:18and scaled that to over half a billion.
  1867. 56:20So, it was someone who had done it
  1868. 56:21before.
  1869. 56:22>> The exact playbook that you guys want,
  1870. 56:23>> exact playbook, but for men. So, in
  1871. 56:25theory, we could plug into the same
  1872. 56:26manufacturers, the same sales team, the
  1873. 56:28same distribution partners, which at the
  1874. 56:30time he had an inked contract and still
  1875. 56:32does with Dr. Pepper. So, out of the
  1876. 56:35gate, we could get a beverage onto Dr.
  1877. 56:37Pepper trucks. On top of that, he was
  1878. 56:40one of the only, you know, I don't want
  1879. 56:41to speak for him here, but he was one of
  1880. 56:43the only billionaires I'd ever met that
  1881. 56:44still had his whole family intact. You
  1882. 56:46know, every time I called him, he was at
  1883. 56:48a baseball game for his kids. And, you
  1884. 56:50know,
  1885. 56:50>> good dude.
  1886. 56:51>> Good dude. Texas Texas values. And it
  1887. 56:53was like, I need to figure out my mentor
  1888. 56:55cuz I have no idea like what type of
  1889. 56:57person I'm going to turn into,
  1890. 56:58especially with like the size of the
  1891. 57:00business that I'm running, the amount of
  1892. 57:01wealth that I'm coming into, whatever it
  1893. 57:02may be. I was like, I don't want to lose
  1894. 57:04my wife and all these other rich people
  1895. 57:05are losing their wives. So, it's like,
  1896. 57:07how do I figure this out? I should
  1897. 57:08probably go find a mentor to work with.
  1898. 57:10And so,
  1899. 57:11>> I came through in the PJ, guys. Just
  1900. 57:12just quick context. [laughter] We'll
  1901. 57:13talk about that later. It came through
  1902. 57:14in the PJ.
  1903. 57:15>> That's crazy. Yeah. But I uh I actually
  1904. 57:16tried to get a helicopter. So, so I
  1905. 57:21I had two things. I had like a personal
  1906. 57:24and business mentor that I could go work
  1907. 57:26under in my 20s and also somebody who
  1908. 57:28had the playbook of how to launch this
  1909. 57:30beverage. And when I think about
  1910. 57:33partnerships, if the word strategic
  1911. 57:35doesn't come before that, I think you
  1912. 57:38might as well just sell your whole
  1913. 57:39business, right? And we didn't want to
  1914. 57:41sell our whole business. And I knew that
  1915. 57:42if we signed a contract with Neutrabolt
  1916. 57:45with the intention of this being a a
  1917. 57:47joint venture of making a beverage
  1918. 57:49together and getting Cure Dr. Pepper
  1919. 57:51involved,
  1920. 57:52I could sell 30% of the business and the
  1921. 57:54business would be worth three times the
  1922. 57:56amount the next day. So if you're going
  1923. 57:59to sell a chunk of your business which
  1924. 58:00will be the most expensive or valuable
  1925. 58:04contract that you ever sign in your
  1926. 58:06life,
  1927. 58:07it better be something that increases
  1928. 58:09the enterprise value of your business
  1929. 58:10because you are now associated with that
  1930. 58:12brand. Right? So on day one of signing
  1931. 58:14that business, we I mean we sprinted to
  1932. 58:17the R&D lab, came up with Blue Energy,
  1933. 58:19we were already in talks with Dr.
  1934. 58:21Pepper, we got an exclusive launch with
  1935. 58:22Target just 6 months after that. So, it
  1936. 58:24just took six months from signing the
  1937. 58:26partnership contracts to having a
  1938. 58:28product on target shelves and it blew
  1939. 58:30out of the water. Then 3 months later
  1940. 58:32gotten Dr. Pepper Trucks and then now
  1941. 58:34two years later we're in 50,000 doors.
  1942. 58:36>> Let's stop for a second there. You said
  1943. 58:38pretty big inflection point there. You
  1944. 58:40had offers in your company. So
  1945. 58:41>> yeah.
  1946. 58:42>> So you had a nine figure offer for
  1947. 58:43someone to buy your company.
  1948. 58:45>> Yeah, absolutely. I mean the business
  1949. 58:46the business was profitable omni
  1950. 58:48channel. It was a hero scoop brand. And
  1951. 58:50it checked all the boxes for like what a
  1952. 58:51business what what type of businesses
  1953. 58:53people wanted to acquire at that time.
  1954. 58:56>> No risk, no reward here, guys.
  1955. 58:57>> But what the hell was I going to do? Be
  1956. 58:59like a 28-year-old and lay on a beach
  1957. 59:01and then even now today it's like I have
  1958. 59:03the son and it's like or have my son at
  1959. 59:05home and it's like if I sold Bloom, he's
  1960. 59:08just going to like not see me go to work
  1961. 59:09every day or he's just going to like see
  1962. 59:11these cans in stores and not even
  1963. 59:12believe me that I made it. So it's like,
  1964. 59:14you know what? What actually matters at
  1965. 59:16this point?
  1966. 59:16>> Yeah. And ironically, so many people,
  1967. 59:18it's like the the Mark Zuckerberg thing.
  1968. 59:20It's like, "Why didn't you sell for a
  1969. 59:21billion dollars?" He's like, "Oh, I
  1970. 59:22would start this same company." And you
  1971. 59:24actually start seeing that.
  1972. 59:25>> Exactly.
  1973. 59:25>> The Rahal episode is is is a perfect
  1974. 59:27example of that. He literally sells an
  1975. 59:29RX bar for 600 and then he waits for his
  1976. 59:30non-compete and does another protein
  1977. 59:32bar.
  1978. 59:32>> And catching Lightning in a bottle twice
  1979. 59:34>> is a whole other level of risk. I
  1980. 59:37already had Lightning in a Bottle, so
  1981. 59:38why would I give it up? And so, I knew
  1982. 59:40that I could take what we had and just
  1983. 59:42make it I mean, this could be, you know,
  1984. 59:43generational. We've all seen the
  1985. 59:44monsters and Red Bulls of the world just
  1986. 59:46go decades and now they're handing down
  1987. 59:48the the the the crown to the to the I
  1988. 59:51don't know what do you call it? Like
  1989. 59:52they're their the next person.
  1990. 59:54>> I mean the fact that you guys have all
  1991. 59:55the retail doors and Tik Tok shop
  1992. 59:58affiliate and like
  1993. 59:59>> you guys are going to absolutely hammer
  1994. 1:00:02the
  1995. 1:00:02>> [ __ ] out of that.
  1996. 1:00:03>> We're excited, man.
  1997. 1:00:04>> That's going to be absolutely crazy. How
  1998. 1:00:05did your job change kind of overnight?
  1999. 1:00:07You signed the deal. What is Greg before
  2000. 1:00:10that and what is Greg after that deal?
  2001. 1:00:12It's funny because like one of one of my
  2002. 1:00:13rules with talent acquisition has always
  2003. 1:00:16been one hire for your pain points and
  2004. 1:00:19sometimes your pain points are just the
  2005. 1:00:21things that you don't enjoy doing. And I
  2006. 1:00:22love building brands. I love marketing
  2007. 1:00:24and I love, you know, disrupting and
  2008. 1:00:27embracing culture.
  2009. 1:00:29I don't really love the supply chain
  2010. 1:00:31side of things. I don't really I
  2011. 1:00:32definitely don't love the P&L side of
  2012. 1:00:34things. Like I don't have Microsoft
  2013. 1:00:35Office on my computer. I hate
  2014. 1:00:37spreadsheets. And
  2015. 1:00:38>> Leo said that six months ago you
  2016. 1:00:40downloaded it.
  2017. 1:00:41>> Yeah. Well, I haven't opened it. And
  2018. 1:00:43[laughter]
  2019. 1:00:44>> yeah, I use I use Mac numbers. Yeah.
  2020. 1:00:46Yeah. Yeah.
  2021. 1:00:46>> That's some that's some that's some
  2022. 1:00:47ghetto [ __ ]
  2023. 1:00:49>> Yeah.
  2024. 1:00:49>> He he tech he texted me yesterday. I
  2025. 1:00:51told him no Microsoft Excel today. I'm
  2026. 1:00:54more of like a Google Sheets. I know
  2027. 1:00:55like like three or four different like
  2028. 1:00:56little ninja lookups, but I'm happy with
  2029. 1:00:58AI. So, we can really walk away from
  2030. 1:01:00that [ __ ]
  2031. 1:01:01>> And so, with that deal, like they handle
  2032. 1:01:04all the commercialization of the
  2033. 1:01:05product. They handle all the supply
  2034. 1:01:07chain for the product. I don't really
  2035. 1:01:09need to like worry about these
  2036. 1:01:1118-wheeler trucks going on around the
  2037. 1:01:13country because Dr. Pepper handles that.
  2038. 1:01:15And so I was able to kind of get rid of
  2039. 1:01:18everything that I don't enjoy doing and
  2040. 1:01:19was able to embrace what I'm good at and
  2041. 1:01:21what I do enjoy doing. And Docs is a P&L
  2042. 1:01:24guy. Doss like gets fired up with a
  2043. 1:01:26spreadsheet in front of him, right? And
  2044. 1:01:27like Dr. Pepper loves logistics and
  2045. 1:01:29sending this product all around the
  2046. 1:01:30country. So, I basically have this team
  2047. 1:01:32where it's like, if you can make a
  2048. 1:01:34strategic partnership where it's 1 plus
  2049. 1:01:361 equals 3 and you're both doing what
  2050. 1:01:39you love, then that's going to be a a
  2051. 1:01:41magical ride off into the sunset.
  2052. 1:01:43>> Yeah, it sounds like a a win-win there.
  2053. 1:01:46If you had to kind of boil down,
  2054. 1:01:47obviously this guy is an OG and he took
  2055. 1:01:50the same exact playbook. If you can kind
  2056. 1:01:51of boil down some of the key learnings
  2057. 1:01:53from him, what are some key things that
  2058. 1:01:55he's taught you over the last couple
  2059. 1:01:56years? Because obviously you guys have
  2060. 1:01:57had explosive growth with him coming out
  2061. 1:01:59as a partner. It's funny like we have a
  2062. 1:02:01a pretty
  2063. 1:02:02a pretty impressive board for Bloom now
  2064. 1:02:05that we we do have a cap table and a
  2065. 1:02:09couple of them are self-made
  2066. 1:02:10billionaires and we'll have a problem
  2067. 1:02:12with this energy drink which you would
  2068. 1:02:14think like for these incredibly high IQ
  2069. 1:02:16people that are on our board this is
  2070. 1:02:17like this is simpleton stuff right and
  2071. 1:02:20we'll have a huge problem that we bring
  2072. 1:02:21to the board and they'll just be like
  2073. 1:02:23man this is a really tough one like I I
  2074. 1:02:26don't know and I think just like the the
  2075. 1:02:28biggest thing that I take away from that
  2076. 1:02:29is just like we're all humans and
  2077. 1:02:31therefore this is free game for
  2078. 1:02:32everybody, right? And it's like no,
  2079. 1:02:34everyone has something that they're
  2080. 1:02:36incredibly good at. Very few people are
  2081. 1:02:38a 10 out of 10 at everything. I'm
  2082. 1:02:39definitely not a 10 out of 10 at
  2083. 1:02:40everything. I'm a 10 out of 10 at one or
  2084. 1:02:42two things. And
  2085. 1:02:44>> I feel like you're a pretty gangster
  2086. 1:02:45generalist. You're like a
  2087. 1:02:46>> like a little bit of a Swiss Army.
  2088. 1:02:47>> Yeah, you're maybe.
  2089. 1:02:49>> But, you know, just understanding that
  2090. 1:02:50like
  2091. 1:02:53>> we're all humans participating in this
  2092. 1:02:55game and no one actually has that much
  2093. 1:02:56of a greater advantage than anybody
  2094. 1:02:58else. And so I'm a I'm a huge fan of
  2095. 1:03:01again like going into C the four-minute
  2096. 1:03:04mile. Like once the four-minute mile has
  2097. 1:03:07been ran, other brands are able to do
  2098. 1:03:08it. That's why I went after energy
  2099. 1:03:10drinks. There was already a playbook to
  2100. 1:03:11follow. And so just like understanding
  2101. 1:03:13there's a playbook to getting to this
  2102. 1:03:15much success and trying to take as much
  2103. 1:03:16notes as I can from his day-to-day life,
  2104. 1:03:18which is I mean the guy's in the office
  2105. 1:03:20every day. He doesn't need to be, you
  2106. 1:03:22know, he's he answers my texts quickly
  2107. 1:03:24no matter what and does not need to do
  2108. 1:03:26this anymore. and just like continuing
  2109. 1:03:29to say stay cognitively stimulated on a
  2110. 1:03:33regular basis and and and embrace
  2111. 1:03:35everything that comes with that has been
  2112. 1:03:36like the coolest thing that I've learned
  2113. 1:03:37from all of the successful people around
  2114. 1:03:39me.
  2115. 1:03:39>> How old is this guy?
  2116. 1:03:41>> Mid-40s.
  2117. 1:03:43>> Damn. Let's go.
  2118. 1:03:44>> Yeah.
  2119. 1:03:45>> Let's shift a little bit to to product
  2120. 1:03:46and repo retail before we get into
  2121. 1:03:48specific retailers.
  2122. 1:03:50>> Yeah.
  2123. 1:03:50>> Like what's your framework of deciding
  2124. 1:03:52which product goes into kind of which
  2125. 1:03:54door? How does how does that work? You
  2126. 1:03:56know, I've played the exclusivity game a
  2127. 1:03:58few times and it has created a lot of
  2128. 1:04:00drama. You know, if the product does
  2129. 1:04:02well, the other retailers will be
  2130. 1:04:04annoyed that they didn't get it first.
  2131. 1:04:06And I love FOMO. Sometimes FOMO is like
  2132. 1:04:08the greatest game that you can play. And
  2133. 1:04:09I love a little bit of drama cuz they'll
  2134. 1:04:11act upset, but then place a twice as
  2135. 1:04:13large order, right? But generally
  2136. 1:04:15speaking, I try to
  2137. 1:04:19shoot wide, give it to anyone who wants
  2138. 1:04:21it, and not play that exclusivity game.
  2139. 1:04:24And the sales will kind of dictate on
  2140. 1:04:26its own like which retailers should
  2141. 1:04:28really pay the most attention and give
  2142. 1:04:30the most attention to that product. I'm
  2143. 1:04:32not a huge fan of like this is our Whole
  2144. 1:04:34Foods product, this is our Costco
  2145. 1:04:36product, this is our Amazon product.
  2146. 1:04:38Like because of our digital marketing
  2147. 1:04:40and it's being shown to everybody, I
  2148. 1:04:42kind of need to make sure that the same
  2149. 1:04:44exact product in all of its forms are
  2150. 1:04:47available everywhere.
  2151. 1:04:49>> Interesting. We touched on Amazon a bit
  2152. 1:04:51and you mentioned like you you don't win
  2153. 1:04:52on Amazon on Amazon. I completely agree.
  2154. 1:04:55How do you guys look at just that whole
  2155. 1:04:57entire flywheel from a.com to Amazon and
  2156. 1:05:00then into retail? Like what's the
  2157. 1:05:01holistic approach? Is it just all top of
  2158. 1:05:02the funnel and just let it let it like
  2159. 1:05:04fall as it may?
  2160. 1:05:05>> Well,
  2161. 1:05:07our business is less than 5% Shopify. So
  2162. 1:05:11the day Wow. Yeah. Well, but keep in
  2163. 1:05:13mind we're beverage too. So this is our
  2164. 1:05:15largest business in the portfolio now is
  2165. 1:05:17our beverages and no one has a DTOC
  2166. 1:05:20beverage business right like if you want
  2167. 1:05:21a beverage on e-commerce you go to
  2168. 1:05:23Amazon so it's it doesn't really work
  2169. 1:05:25even like shipping a case
  2170. 1:05:26>> when you say 5% DTOC that means just the
  2171. 1:05:29the Bloom website not Amazon
  2172. 1:05:30>> correct yeah like true direct to
  2173. 1:05:32consumer or Shopify that said when we so
  2174. 1:05:35we were a DTOC only brand for the first
  2175. 1:05:3818 to 24 months the day that we extended
  2176. 1:05:41out of Shopify we went over to Amazon
  2177. 1:05:43and The day we went over to Amazon,
  2178. 1:05:47I did what every other entrepreneur at
  2179. 1:05:49the time would have hated me for doing.
  2180. 1:05:50I used our email list, our SMS list, all
  2181. 1:05:53of our Instagram portfolios or or or
  2182. 1:05:55profiles and said, "Go buy on Amazon."
  2183. 1:05:58Now, I knew that we had hit the glass
  2184. 1:06:00ceiling on Shopify. And I knew that the
  2185. 1:06:02instead of just making a new product,
  2186. 1:06:04there was a larger TAM to go after just
  2187. 1:06:06on Amazon. And kind of just like
  2188. 1:06:08realizing that Amazon itself was a
  2189. 1:06:09social media with an algorithm. If we
  2190. 1:06:12could bring so much exogenous or
  2191. 1:06:13external traffic over to Amazon and kind
  2192. 1:06:16of arbitrage that whole SEO that exists
  2193. 1:06:18over there, we could double the business
  2194. 1:06:20that was happening on our Shopify by
  2195. 1:06:22just playing the Amazon game correctly.
  2196. 1:06:24And you play that game correctly by
  2197. 1:06:26sending people from outside of Amazon to
  2198. 1:06:28Amazon.
  2199. 1:06:29>> Yeah. So, is that the best way to win on
  2200. 1:06:31Amazon as you have to sacrifice
  2201. 1:06:32elsewhere?
  2202. 1:06:33>> It it depends what you consider win.
  2203. 1:06:35Like I'm a guy where when I'm moving on
  2204. 1:06:37to the next challenge, I am literally
  2205. 1:06:39willing to sacrifice the last thing that
  2206. 1:06:41I just won, right? So I've done that
  2207. 1:06:43even with launching new products. I've
  2208. 1:06:44done it with launching new channels. And
  2209. 1:06:46so when we sacrificed Shopify to win on
  2210. 1:06:49Amazon, there was a net gain. And then
  2211. 1:06:51when we went into brickandmortar retail
  2212. 1:06:53doors, dude, we sacrificed all of
  2213. 1:06:55digital resources to go towards winning
  2214. 1:06:58Target. And then winning Target opened
  2215. 1:07:00the doors to 50,000 other doors because
  2216. 1:07:02that was the proof of concept that this
  2217. 1:07:03product can work in brick and mortar.
  2218. 1:07:05And when I say sacrifice and you and you
  2219. 1:07:08take your foot off of the gas of those
  2220. 1:07:10other things because I'm a very big fan
  2221. 1:07:12of not having a divers diversified
  2222. 1:07:13portfolio even with your mind share and
  2223. 1:07:15what you're what you're prioritizing.
  2224. 1:07:18It's not like our Amazon just fell off a
  2225. 1:07:20cliff the next day. This is the top
  2226. 1:07:21three energy drink on Amazon. Like if
  2227. 1:07:24you're moving on to greater challenges,
  2228. 1:07:26whether it's in products or within the
  2229. 1:07:30retail doors that you're going after or
  2230. 1:07:31the consumers that you're going after,
  2231. 1:07:33the larger challenge will halo back to
  2232. 1:07:35what you just sacrificed or what you are
  2233. 1:07:37no longer giving resources to. So, I'm a
  2234. 1:07:39huge fan of like if you go after bigger
  2235. 1:07:41goals, the things that you leave behind
  2236. 1:07:43like won't just die overnight. If
  2237. 1:07:44anything, they'll just become like cash
  2238. 1:07:46printers, right?
  2239. 1:07:47>> Yeah. You'll still get some some drip. I
  2240. 1:07:48feel like I don't want to like typ cast
  2241. 1:07:50like all different CBG products, but
  2242. 1:07:51from like a drink perspective, it's just
  2243. 1:07:53retail is obviously the most important,
  2244. 1:07:54the most amount of doors.
  2245. 1:07:56>> Amazon is second because it has intent
  2246. 1:07:57and the Shopify should be last.
  2247. 1:07:59>> Dude, Shopify beverage doesn't work.
  2248. 1:08:01It's too heavy. Just shipping cost
  2249. 1:08:03unless you were going to charge your
  2250. 1:08:03consumers $25 for shipping, which no
  2251. 1:08:05one's going to do that. You know what I
  2252. 1:08:06mean?
  2253. 1:08:07>> Got to go subscription. I feel like you
  2254. 1:08:09got to go heavy on that to make it
  2255. 1:08:10worth. But I guess you still get hit
  2256. 1:08:11with the shipping.
  2257. 1:08:12>> Amazon's won that. Like
  2258. 1:08:13>> interesting. So, I know we talked about
  2259. 1:08:14just wanting to go into saturated, you
  2260. 1:08:16know, markets, but obviously there was
  2261. 1:08:18probably some sort of iteration on like
  2262. 1:08:20whit space. What is like the white space
  2263. 1:08:21that you guys have seen like on the
  2264. 1:08:23retail side? What specifically did you
  2265. 1:08:25see that made you want to obviously go
  2266. 1:08:27where you're going now?
  2267. 1:08:28>> So, I mentioned we were kind of
  2268. 1:08:30headtohead following the cotales of AG1
  2269. 1:08:33at the time and they were the top
  2270. 1:08:36selling greens powder at the moment and
  2271. 1:08:38they were DTOC only and they were super
  2272. 1:08:41expensive and they tasted like [ __ ] So
  2273. 1:08:43the white space wasn't making a greens
  2274. 1:08:46powder. The white space was
  2275. 1:08:48distribution. If they were only DOC,
  2276. 1:08:50then I'll go into brick and mortar. The
  2277. 1:08:52white space was accessibility. Be a
  2278. 1:08:54third of the price and be everywhere. Be
  2279. 1:08:56easy to buy. The ex the the the the
  2280. 1:08:59white space was palatability. So how can
  2281. 1:09:02you look at a category that is saturated
  2282. 1:09:06but find the white space within it? For
  2283. 1:09:08us, it was the energy drink space that
  2284. 1:09:09the white space was the female isn't
  2285. 1:09:11being spoken to correctly. it the
  2286. 1:09:13products aren't cute, right? So to me,
  2287. 1:09:16whites space is how do you zoom in on
  2288. 1:09:18the category and find the whites space
  2289. 1:09:19within the larger category?
  2290. 1:09:21>> Go saturated, but find the white space.
  2291. 1:09:22So AG1, you just completely piggybacked
  2292. 1:09:24and just went different distribution and
  2293. 1:09:26on the energy energy drink, you just did
  2294. 1:09:28branding, positioning, a little bit of
  2295. 1:09:29different ICP on the female side.
  2296. 1:09:31>> Yeah. And I would say of course, you
  2297. 1:09:33know, center of excellence of
  2298. 1:09:35distribution as well.
  2299. 1:09:36>> Yeah.
  2300. 1:09:36>> With Dr. Pepper,
  2301. 1:09:37>> I was surprised too when I I Googled you
  2302. 1:09:38guys. I didn't know how forward facing
  2303. 1:09:39you are on the female side. Like it's
  2304. 1:09:41like on like
  2305. 1:09:42>> you type it into Google and it talks
  2306. 1:09:43about like women's
  2307. 1:09:45>> drinks.
  2308. 1:09:46>> Yeah. I mean I that we were we were ma
  2309. 1:09:48we are made by women for women. I think
  2310. 1:09:50the energy drink has allowed us to tap
  2311. 1:09:52into more men. It's funny going back to
  2312. 1:09:54syndicated data.
  2313. 1:09:55>> Generally speaking the the mother of the
  2314. 1:09:57household does the shopping right
  2315. 1:09:58majority of the time. And that's just
  2316. 1:10:00how society is set up right now. And the
  2317. 1:10:03mom is swiping her credit card. She
  2318. 1:10:05might be 35. she's a female, but she's
  2319. 1:10:08buying the Doritos and Red Bull for her
  2320. 1:10:10husband. The syndicated data will show
  2321. 1:10:12that as the mom is buying it. So, you
  2322. 1:10:14need to be really careful with who's
  2323. 1:10:15swiping the credit card. But what's also
  2324. 1:10:17amazing about selling to the woman if
  2325. 1:10:19she is doing the household shopping is
  2326. 1:10:23when I make a soda that's healthy for
  2327. 1:10:25the whole family, the mom is buying that
  2328. 1:10:28for her kids, she als she sets the trend
  2329. 1:10:30because she's she's stuffing the pantry,
  2330. 1:10:32right? So, she will get the husband or
  2331. 1:10:34the boyfriend to start trying this
  2332. 1:10:36product that she's trying every day. And
  2333. 1:10:38I feel like that influence doesn't
  2334. 1:10:39happen nearly as much with the male
  2335. 1:10:41consumer. Very rarely does my wife want
  2336. 1:10:43to start consuming a product that I
  2337. 1:10:45take. I want to try the products that
  2338. 1:10:46she's trying, right? Like, she'll like
  2339. 1:10:48help me with my clothes. She'll help me
  2340. 1:10:49with the food that I'm trying. I I could
  2341. 1:10:51eat ground beef and [ __ ] rice every
  2342. 1:10:52meal, right? And she'll like take me to
  2343. 1:10:54the new restaurant to go try. I'm never
  2344. 1:10:55taking her out of her comfort zone. I
  2345. 1:10:56should probably do that more. But
  2346. 1:10:58[laughter] but like the the women kind
  2347. 1:11:00of influence the entire household way
  2348. 1:11:02more than a man ever would. And so I've
  2349. 1:11:04never sold to men directly, but I I
  2350. 1:11:07don't think I would have it any other
  2351. 1:11:08way.
  2352. 1:11:09>> Yeah. And we talked a little bit off
  2353. 1:11:10camera. We're going to get into it. Just
  2354. 1:11:11personal brand. I feel like that guy, it
  2355. 1:11:13might have come from the woman. Then
  2356. 1:11:15he's on Instagram and then he starts
  2357. 1:11:16getting your content and the guy content
  2358. 1:11:18behind Bloom and starts resonating it
  2359. 1:11:20with more
  2360. 1:11:20>> dude. And I would imagine it's the same
  2361. 1:11:22thing for hospitality just cuz I
  2362. 1:11:23obviously just finished your episode.
  2363. 1:11:24Like I would be so curious. Obviously,
  2364. 1:11:25there's like a male female ratio that
  2365. 1:11:27you want in any type of nightclub, but
  2366. 1:11:28like even at restaurants, like you want
  2367. 1:11:30to make sure that the woman is
  2368. 1:11:31comfortable there. The guy's going to be
  2369. 1:11:32comfortable anywhere, right? But like or
  2370. 1:11:34a gym, you're opening up a large, we
  2371. 1:11:35were just talking about a sick new gym
  2372. 1:11:36that you're going to and getting in the
  2373. 1:11:38best shape of your life. Like, you need
  2374. 1:11:40to design that place for women to be
  2375. 1:11:42comfortable, the guy will be comfortable
  2376. 1:11:44there, right? Like, if you make a place
  2377. 1:11:45that's like toxically masculine, a woman
  2378. 1:11:47won't step foot inside of it.
  2379. 1:11:48>> 100%. They're getting the continuity
  2380. 1:11:50because my wife is comfortable and I
  2381. 1:11:51like going to the gym with her.
  2382. 1:11:53>> Yes. So that makes a lot of sense. All
  2383. 1:11:55these big retailers, what are some of
  2384. 1:11:57those key things we talk about all the
  2385. 1:11:58time, obviously the sell through, not
  2386. 1:12:00the sell in. What are some of kind of
  2387. 1:12:01those key things? Obviously, I know
  2388. 1:12:02you're talking to these retailers a lot.
  2389. 1:12:04>> How do people get the sell through?
  2390. 1:12:06Anything big you want to touch on there?
  2391. 1:12:07>> All right. So, first of all,
  2392. 1:12:10>> I go to these meetings in person. I
  2393. 1:12:13don't just send a salesperson. We have
  2394. 1:12:15the best sales team out of anybody. love
  2395. 1:12:17our sales team, but like I try to go in
  2396. 1:12:19person and be on a first-name basis
  2397. 1:12:21relationship with anyone who's a
  2398. 1:12:22decision maker at these retailers. That
  2399. 1:12:24is huge. And I've found that as a
  2400. 1:12:26consistent variable even when I talk to
  2401. 1:12:27the the biggest comp multi-billion
  2402. 1:12:29dollar energy drink companies, they can
  2403. 1:12:31name you who is currently in the seat of
  2404. 1:12:33decision-m at these retailers and they
  2405. 1:12:35have their number and they're texting
  2406. 1:12:37them, right? That is crucial,
  2407. 1:12:38>> guys. You've heard that from some of the
  2408. 1:12:39best CPG guys on this. So,
  2409. 1:12:42>> you're never starter. You're never too
  2410. 1:12:44big to think that you can't go have that
  2411. 1:12:46relationship in person. And as my life
  2412. 1:12:48has gotten more complicated and I've had
  2413. 1:12:50to take my foot off the gas of being on
  2414. 1:12:52an airplane as often, I I can see it
  2415. 1:12:54hurting things. And I would say on top
  2416. 1:12:58of that, going back to like controlling
  2417. 1:13:00your luck, what are things that you
  2418. 1:13:02could do to to have better l luck and
  2419. 1:13:04more doors open throughout your career?
  2420. 1:13:06Your reputation is [ __ ] everything.
  2421. 1:13:08If a retailer places a PO and you aren't
  2422. 1:13:11able to fill it or if you know you do
  2423. 1:13:14fill the first one and it sells really
  2424. 1:13:15well and you can't sell more inventory,
  2425. 1:13:17that's very different than running out
  2426. 1:13:18of stock on Amazon or Shopify where
  2427. 1:13:20you're only accountable to yourself. If
  2428. 1:13:22you do that to a Target or Walmart,
  2429. 1:13:24that's that's their business and that'll
  2430. 1:13:26be an empty shelf. Like these are huge
  2431. 1:13:27cruise ships. They can't just put
  2432. 1:13:29something else there. But a similar
  2433. 1:13:31thought there would be now when Walmart
  2434. 1:13:33has an energy drink company that can't
  2435. 1:13:36fill a PO and they have an open spot in
  2436. 1:13:38the center of their doors and you know
  2437. 1:13:40action alley they call it in the center
  2438. 1:13:42of the Walmarts they know they can call
  2439. 1:13:44Bloom and we will have enough inventory.
  2440. 1:13:45We do have the supply chain. Greg will
  2441. 1:13:47pick up the phone and say of course I
  2442. 1:13:49have a product that I'll make just for
  2443. 1:13:50that situation.
  2444. 1:13:51>> That is 100% relationship based.
  2445. 1:13:53>> Yes. And then and and then that person
  2446. 1:13:54it's a net new spot that you can take
  2447. 1:13:56and if you do well with good sell
  2448. 1:13:57through and they like you then that
  2449. 1:13:58other person
  2450. 1:14:00>> relationship and reputation
  2451. 1:14:01>> and I think it's funny because I would
  2452. 1:14:03say if you're in the first five years of
  2453. 1:14:05your entrepreneurship journey and that's
  2454. 1:14:06a blanket statement or a broad
  2455. 1:14:08statement.
  2456. 1:14:09>> I'm not pro networking.
  2457. 1:14:11>> I think that if you're in the I say I
  2458. 1:14:13think stay locked in and build something
  2459. 1:14:16special and if you build something
  2460. 1:14:18special the network will come to you.
  2461. 1:14:19When I was in the first 5 years of my
  2462. 1:14:21career, no one gave a [ __ ] what I was
  2463. 1:14:22doing. Anyone that I wanted to go have
  2464. 1:14:24dinner with or wanted to go network
  2465. 1:14:26with, why would they give me the time of
  2466. 1:14:28day? Like, that's just the reality of
  2467. 1:14:29society. Once I built something special,
  2468. 1:14:32once Bloom was doing over $150 million a
  2469. 1:14:35year, they were in my DMs. They were
  2470. 1:14:37texting me, hey, we should, you know,
  2471. 1:14:39cross paths and figure out how we can
  2472. 1:14:41trade notes. And so I think networking
  2473. 1:14:43in the beginning of your career is a
  2474. 1:14:45super overrated
  2475. 1:14:48fun thing that that sounds productive,
  2476. 1:14:50but the reality is you're not going to
  2477. 1:14:52really be able to network with anybody
  2478. 1:14:53that can move your needle until you're
  2479. 1:14:56also building something special and can
  2480. 1:14:57provide value back to them. These are
  2481. 1:14:59transa networking is transactional.
  2482. 1:15:01>> Yeah. I think for people out there
  2483. 1:15:02listening, I don't think the number
  2484. 1:15:03necessarily needs to be 100 million, but
  2485. 1:15:05I think like
  2486. 1:15:06>> I would say three million, five million.
  2487. 1:15:10Get get to a point where like you
  2488. 1:15:11actually understand and know how to
  2489. 1:15:13operate a business.
  2490. 1:15:14>> Yeah. Before then, I mean, dude, I
  2491. 1:15:15remember the the beginning days of
  2492. 1:15:16Iconic. I didn't leave the [ __ ] bean
  2493. 1:15:18bag. I just I didn't leave that whole
  2494. 1:15:20apartment. It was literally like CO was
  2495. 1:15:23nothing to me cuz CO was what it already
  2496. 1:15:25[ __ ] was.
  2497. 1:15:25>> Dude, my life did not change at all when
  2498. 1:15:27CO hit. It was an opportunity. I went 60
  2499. 1:15:31I think it was 68 days in a row where I
  2500. 1:15:33went past the refrigerator three times.
  2501. 1:15:35I did I did a 100 pull-ups every single
  2502. 1:15:37morning when I woke up and I did not
  2503. 1:15:39leave my my nook.
  2504. 1:15:40>> I love that.
  2505. 1:15:41>> It was legendary,
  2506. 1:15:42>> dude. I would also say my biggest growth
  2507. 1:15:44hack to any entrepreneur entering their
  2508. 1:15:4730s, I just turned 31 a couple weeks
  2509. 1:15:49ago. S and and of course as you get
  2510. 1:15:51older, surround yourself with young
  2511. 1:15:53people. That is the biggest growth hack.
  2512. 1:15:56these young people. I mean, it's almost
  2513. 1:15:58like how I was like the Instagram guy
  2514. 1:15:59because I was the generation that grew
  2515. 1:16:01up with Instagram and Instagram to me
  2516. 1:16:02was the same thing as like going on a
  2517. 1:16:03walk. That's them with AI. That's them
  2518. 1:16:06with Tik Tok shop. Like my favorite
  2519. 1:16:08people to network with is not the
  2520. 1:16:09billionaires that have already made it
  2521. 1:16:11and they're 45 and like whatever they
  2522. 1:16:13did worked 20 years ago. I want to talk
  2523. 1:16:15to the 22 year olds that are rocket
  2524. 1:16:17shipping these businesses overnight
  2525. 1:16:19using the new tactics. So my biggest
  2526. 1:16:22growth hack to any entrepreneur today is
  2527. 1:16:24just surround yourself or regularly
  2528. 1:16:27cross paths with young people. They know
  2529. 1:16:29the true hacks.
  2530. 1:16:30>> Yeah, I completely agree. For us in the
  2531. 1:16:32AI, we just met with this guy Remy. He's
  2532. 1:16:3321 years old.
  2533. 1:16:34>> Crazy in in Miami. It was insane cuz
  2534. 1:16:37he's just cracked 18 hours a day on this
  2535. 1:16:40stuff. To tie a bow on the target stuff,
  2536. 1:16:42what about from a a communication
  2537. 1:16:43perspective? Like are you asking them
  2538. 1:16:46what is doing good, what's not doing
  2539. 1:16:47good? Are you showing them product
  2540. 1:16:48before it comes out? like what is those
  2541. 1:16:50other kind of little nuances that people
  2542. 1:16:52need to know to make sure they're asking
  2543. 1:16:53the right questions.
  2544. 1:16:54>> I I think this goes back to like what
  2545. 1:16:56would a human want to see, right? And
  2546. 1:16:58they want to feel involved. They want to
  2547. 1:17:00feel like they are taking a chance with
  2548. 1:17:02your brand as well. And they want to
  2549. 1:17:03feel entrepreneurial, right? They're
  2550. 1:17:05entrepreneurs within the walls of their
  2551. 1:17:07corporation. And they have a crazy job.
  2552. 1:17:09They have like a limited amount of real
  2553. 1:17:11estate where they need to choose a
  2554. 1:17:12product that's going to live there for
  2555. 1:17:14six to 12 months. And that's a huge
  2556. 1:17:16that's a huge risk. And if you can take
  2557. 1:17:17them along the journey of R&Ding a
  2558. 1:17:20product with them, then that's huge. I
  2559. 1:17:22would also say they're they're not
  2560. 1:17:25entrepreneurs for a reason. So if you go
  2561. 1:17:28there and ask them for advice on what to
  2562. 1:17:30make, be very careful. That goes back to
  2563. 1:17:32the keyboard warriors. Like they don't
  2564. 1:17:33necessarily know what will work. And if
  2565. 1:17:36you want to make sure they feel
  2566. 1:17:37involved, you know, there are obviously
  2567. 1:17:39some tricks to that. You can show them
  2568. 1:17:41three products and you know two of them
  2569. 1:17:42suck and you want them to choose the
  2570. 1:17:44middle one. just, you know, show them
  2571. 1:17:45two products that suck so that they
  2572. 1:17:47choose the third one that you actually
  2573. 1:17:48want them to choose and then they feel
  2574. 1:17:49like they're part of the process. But,
  2575. 1:17:51you know, that's just part of like
  2576. 1:17:52semantics and and dealing with humans.
  2577. 1:17:53>> Controlling the options. That's good.
  2578. 1:17:54>> Controlling the options. Yeah.
  2579. 1:17:56>> And but I would say like, yeah, love
  2580. 1:17:58having relationships with them. They
  2581. 1:17:59they will they will generally change
  2582. 1:18:01seats very often. So, you'll have a new
  2583. 1:18:03person every two years.
  2584. 1:18:04>> I hate that.
  2585. 1:18:06>> I I get why it happens, right? cuz like
  2586. 1:18:07you you when you're competing with 20,
  2587. 1:18:1030, 40year-old businesses and they like
  2588. 1:18:12are at people's weddings at these
  2589. 1:18:14retailers at this point because they've
  2590. 1:18:15done business together for 20 years and
  2591. 1:18:17like I'm trying to get my foot in the
  2592. 1:18:18door. It it is it is advantageous for
  2593. 1:18:21for getting new brands in, which I'm
  2594. 1:18:23always pro that. But yeah, having having
  2595. 1:18:27a real, you know, then again, if I'm
  2596. 1:18:30being totally honest with you, I don't
  2597. 1:18:31do dinners.
  2598. 1:18:32I don't think that you need to like
  2599. 1:18:34really get to know who Greg is. like
  2600. 1:18:36this is a business relationship and I
  2601. 1:18:38want to talk about building something
  2602. 1:18:39really special with you, but I don't see
  2603. 1:18:41any advantage to us breaking bread
  2604. 1:18:44together in a in a in a fully
  2605. 1:18:46transactional relationship like that. If
  2606. 1:18:48anything, I almost feel like you want to
  2607. 1:18:50have an illusion of yourself as like
  2608. 1:18:52this large decision maker running your
  2609. 1:18:55business. And I don't want to expose to
  2610. 1:18:57you that we are all humans or that we
  2611. 1:18:59are that I am like, you know, stressed
  2612. 1:19:00about the same things that you're
  2613. 1:19:01stressed about. I need to come in there
  2614. 1:19:03briefly with a ton of confidence,
  2615. 1:19:05involve you in the process, and then get
  2616. 1:19:07back to my dungeon and and work
  2617. 1:19:08>> predictability. They want Yeah. I don't
  2618. 1:19:11think that like you should necessarily
  2619. 1:19:12have like
  2620. 1:19:13>> you shouldn't talk to them about your
  2621. 1:19:14personal life. Like that's not what
  2622. 1:19:15they're there for. That's not what we're
  2623. 1:19:16there for. We're there to do business.
  2624. 1:19:18>> That's what this is for, guys. We're
  2625. 1:19:19about to get into that next. Personal
  2626. 1:19:20life.
  2627. 1:19:21>> Tying up on the retail side. What's one
  2628. 1:19:22thing you know today that you didn't
  2629. 1:19:24know in the beginning?
  2630. 1:19:27retail, similar to every business
  2631. 1:19:30relationship I've ever had, is generally
  2632. 1:19:32what have you done for me lately? And
  2633. 1:19:36nobody, you do not deserve to be treated
  2634. 1:19:39differently because of what you did 3
  2635. 1:19:41years ago. You deserve to be treated
  2636. 1:19:43differently because of what you've done
  2637. 1:19:44in the last 3 months. And that is how I
  2638. 1:19:47would like to be judged and that's how I
  2639. 1:19:48would like everybody else to be judged.
  2640. 1:19:51That is how
  2641. 1:19:53capitalism works. And I agree with
  2642. 1:19:57capitalism. So, so I think in the past I
  2643. 1:20:00thought that
  2644. 1:20:02once we had an incredible summer of
  2645. 1:20:042023, then I could lean on that to have
  2646. 1:20:07a strong 2025. That's not really the
  2647. 1:20:09case. It's like if you want to have a
  2648. 1:20:11strong summer 2025, you better have a
  2649. 1:20:12good Q1.
  2650. 1:20:14>> Rent do every day.
  2651. 1:20:16>> Yeah. [ __ ] yeah.
  2652. 1:20:17>> I use Whisper Flow for hours [music]
  2653. 1:20:19every single day. I think way faster
  2654. 1:20:22than I type. I speak about 220 words a
  2655. 1:20:25minute and type only 45. Whisper Flow
  2656. 1:20:28closes that gap. It's a voiceto text
  2657. 1:20:30tool that works anywhere on your
  2658. 1:20:32computer or phone. You talk and clean
  2659. 1:20:34[music] formatted text shows up wherever
  2660. 1:20:36your cursor is. All right, let me show
  2661. 1:20:38you. I'm going to answer a real email
  2662. 1:20:39right now without typing. You can see
  2663. 1:20:42here Tiger is asking for feedback on our
  2664. 1:20:44intro video for the next episode. Watch
  2665. 1:20:45how I respond. if you could just make a
  2666. 1:20:48few changes. [music] Uh make the red a
  2667. 1:20:49little bit brighter, the typography a
  2668. 1:20:51little bit smaller. Uh for the music, if
  2669. 1:20:53you can just give me some other options,
  2670. 1:20:55[music] and that first photo, some more
  2671. 1:20:57options as well. Uh please give me three
  2672. 1:20:59options for each and uh make sure you
  2673. 1:21:00send it to me by [music] end of the day
  2674. 1:21:02Friday. Thanks.
  2675. 1:21:04So, as you can tell, the text is way
  2676. 1:21:06cleaner. I kind of speak in half [music]
  2677. 1:21:08sentences and sometimes mumble on. This
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  2679. 1:21:12perfectly, and avoids all the small
  2680. 1:21:14mistakes. This is a product that I
  2681. 1:21:16cannot live without. I [music] promise
  2682. 1:21:18you that you will love it. If you guys
  2683. 1:21:20want to get one month free of Whisper
  2684. 1:21:21Flow Pro, click the link below and use
  2685. 1:21:24code open residency.
  2686. 1:21:26All right, we talked a little bit about
  2687. 1:21:27the machine. I want to get into the
  2688. 1:21:29people. As I mentioned in the beginning,
  2689. 1:21:30this truly is the American dream.
  2690. 1:21:31Started a company with wifey, brought in
  2691. 1:21:33Uncle Leo. I don't know, he's
  2692. 1:21:35>> your son's middle name. Hey. Yeah.
  2693. 1:21:37>> And then your mom was the CFO or
  2694. 1:21:39accountant until 100 million. Why don't
  2695. 1:21:41you just walk us through kind of like
  2696. 1:21:42the original cast of how this all
  2697. 1:21:45started and then I just want to get into
  2698. 1:21:46kind of the sequencing. You've moved
  2699. 1:21:48from like a ton of places and let's just
  2700. 1:21:50kind of go through each of those
  2701. 1:21:52>> checkpoints. So Mario and I moved five
  2702. 1:21:54or six times in five or six years and I
  2703. 1:21:56think one of the best ways to control
  2704. 1:21:57your luck is just be in the geographic
  2705. 1:22:00area that like best suits your goals. So
  2706. 1:22:04Mari and I finished school in
  2707. 1:22:05Philadelphia which is where we kind of
  2708. 1:22:07launched Mari Fitness together. Then we
  2709. 1:22:09moved to New York and lived in our dad's
  2710. 1:22:11attic and that's where we started to
  2711. 1:22:12have our first physical product which
  2712. 1:22:13was the Booty Bands. Sold like a million
  2713. 1:22:15Booty Bands, which was a crazy business
  2714. 1:22:17in itself. And then we moved to Boulder,
  2715. 1:22:18Colorado because we just felt like New
  2716. 1:22:20York was not the place that like really
  2717. 1:22:21embraced entrepreneurs. So I Googled top
  2718. 1:22:24cities for entrepreneurs and Boulder,
  2719. 1:22:26Colorado popped up and we kind of [ __ ]
  2720. 1:22:28with hiking, I guess, not as much as
  2721. 1:22:30people in Boulder. And so we moved to
  2722. 1:22:31Boulder, Colorado, packed our bags and
  2723. 1:22:33just immediately rented, you know, a
  2724. 1:22:35two-bedroom townhouse in Boulder,
  2725. 1:22:36Colorado. And we stayed there for 18
  2726. 1:22:38months. And that's where Bloom was born.
  2727. 1:22:39And we just stayed locked up and Mari
  2728. 1:22:41and I and just tried to study social
  2729. 1:22:44media and and what the female consumer
  2730. 1:22:46was looking for. And then we were done
  2731. 1:22:49with Boulder, Colorado. We moved back to
  2732. 1:22:51Brooklyn. We thought again that that
  2733. 1:22:54would be a place where now our careers
  2734. 1:22:55would thrive. It definitely didn't feel
  2735. 1:22:57that way. And we were really starting to
  2736. 1:22:59embrace influencer culture. Wanted to
  2737. 1:23:03build out the influencer program. I was
  2738. 1:23:04talking about Mari was becoming like a
  2739. 1:23:06larger scale content creator. COVID hit
  2740. 1:23:08and we were like, "Fuck it. Let's go try
  2741. 1:23:10this LA thing." And for context now,
  2742. 1:23:12like there's many hubs around America
  2743. 1:23:14where you could go do the whole
  2744. 1:23:15influencer thing. But at the time like
  2745. 1:23:17content houses and you know every big
  2746. 1:23:19agency and every big brand activation,
  2747. 1:23:21it was all happening in LA. That's like
  2748. 1:23:23Hollywood was where dreams were made,
  2749. 1:23:25right? So we packed our bags, moved to
  2750. 1:23:27LA quickly when COVID hit and we got a
  2751. 1:23:31month-to-month Airbnb in Santa Monica.
  2752. 1:23:32It was one bedroom, one bathroom. And
  2753. 1:23:34that quickly became the Bloom
  2754. 1:23:35headquarters in Santa Monica. We had
  2755. 1:23:37probably seven to eight people reporting
  2756. 1:23:39to that Airbnb at full scale once we got
  2757. 1:23:41to full scale there. And that means that
  2758. 1:23:44those seven or eight people were using
  2759. 1:23:45Mari and I's like personal bathroom,
  2760. 1:23:47right? It was a one-bedroom, one
  2761. 1:23:48bathroom. And so that was, you know,
  2762. 1:23:51these are like the true grind days of
  2763. 1:23:52Bloom where we had a team. And so that
  2764. 1:23:54was me, myself, Leo, and a couple of our
  2765. 1:23:57of our initial employees. And then my
  2766. 1:23:59mom was back in New York doing finance.
  2767. 1:24:00And so Leo is my best friend from high
  2768. 1:24:02school. That whole hire happened because
  2769. 1:24:05it was we just had the million-dollar
  2770. 1:24:07day. Things were really starting to
  2771. 1:24:08scale. I needed to find somebody that we
  2772. 1:24:10could trust. I just lost the one
  2773. 1:24:12employee that we had who lived in
  2774. 1:24:13Boston. We had a falling out. And I said
  2775. 1:24:16the only person that I could trust that
  2776. 1:24:17could literally get our bank account
  2777. 1:24:18passwords right now. I didn't know what
  2778. 1:24:20LinkedIn was. I didn't know what any I
  2779. 1:24:21was going to start like just putting up
  2780. 1:24:23[ __ ] stapled job listings on
  2781. 1:24:25telephone polls. I called Leo and we had
  2782. 1:24:28the conversation about launching the
  2783. 1:24:29influencer program and him coming on and
  2784. 1:24:31Leo is my best friend and neighbor from
  2785. 1:24:33high school and he was like, "Yeah, I'm
  2786. 1:24:34all in, man. Let's [ __ ] do this." So
  2787. 1:24:36Leo joined. We're working out of this
  2788. 1:24:38Airbnb. This is like I mean this is just
  2789. 1:24:41like discipline and entrepreneurship
  2790. 1:24:42summed up because Black Friday the day
  2791. 1:24:45after Thanksgiving means that we
  2792. 1:24:47couldn't go to Thanksgiving with our
  2793. 1:24:49family for like four or five years
  2794. 1:24:51because Black Friday was too big of a
  2795. 1:24:52day and Christmas 4 days later is
  2796. 1:24:56January 1st which is like the Super Bowl
  2797. 1:24:58for any wellness product. So we couldn't
  2798. 1:24:59go to Christmas for four or five years.
  2799. 1:25:01We didn't fly home for the holidays at
  2800. 1:25:02all. We had Thanksgiving with the team
  2801. 1:25:04in that Airbnb. We had Christmas dinners
  2802. 1:25:06with the teams in those Airbnbs. what
  2803. 1:25:08you said there too. It's uh for me for
  2804. 1:25:10people out there in the beginning I
  2805. 1:25:12actually recommend not going home for
  2806. 1:25:13Thanksgiving and Christmas and obviously
  2807. 1:25:14like I care about my family deeply but
  2808. 1:25:16>> I remember like the first year or two
  2809. 1:25:18that I did go back I was like not
  2810. 1:25:21present at all and it was almost even
  2811. 1:25:22worse.
  2812. 1:25:23>> Well, you were a huge Black Friday
  2813. 1:25:24company I bet.
  2814. 1:25:25>> Huge black. But it was really fun.
  2815. 1:25:27>> I feel like the first iconic I ever
  2816. 1:25:28bought was on a Black Friday sale in
  2817. 1:25:30college.
  2818. 1:25:31>> There you go.
  2819. 1:25:31>> Yeah.
  2820. 1:25:32>> But it was fun. You do want to make sure
  2821. 1:25:34transitionally you get those Shopify
  2822. 1:25:36chuch-ings. like it was fun in the
  2823. 1:25:38middle years. I would do it. I would sit
  2824. 1:25:39in the kitchen with my mom and I would
  2825. 1:25:40keep the Shopify chuch-ching on. That
  2826. 1:25:42was a fun bonding moment.
  2827. 1:25:44>> That's when they realize like, oh, you
  2828. 1:25:45might actually be up to something,
  2829. 1:25:46right? Because otherwise they think that
  2830. 1:25:47you're just like I mean it's funny. We
  2831. 1:25:49we launched Mari Fitness and we were
  2832. 1:25:50using a TD Bank student account
  2833. 1:25:52>> and I didn't even like trust banks at
  2834. 1:25:54the time. Like I had no idea what the
  2835. 1:25:56[ __ ] was going on. So every day I would
  2836. 1:25:58move our PayPal balance cuz we didn't
  2837. 1:26:00have a Shopify at the time. I was having
  2838. 1:26:02people DM us if they wanted the product.
  2839. 1:26:04I would say, "PayPal me $9.99." And then
  2840. 1:26:07I would email them the instant download
  2841. 1:26:08PDF. And then if they committed to that
  2842. 1:26:11fitness guide and showed that they they
  2843. 1:26:13actually gave a [ __ ] Mario and I would
  2844. 1:26:14personally train them through a 50 to
  2845. 1:26:17100 pound weight loss transformation.
  2846. 1:26:19And eventually we had like a 100 people
  2847. 1:26:20who had a 100 pound weight loss
  2848. 1:26:21transformation that was validity for
  2849. 1:26:23this massive instant download workout
  2850. 1:26:25guide business that we were creating.
  2851. 1:26:27>> So the genesis of Bloom was these
  2852. 1:26:28instant down these PDFs and the booty
  2853. 1:26:31bands. For people out there listening,
  2854. 1:26:32what was the size of this business? Oh,
  2855. 1:26:34like multi-million dollar a year
  2856. 1:26:35business and like there was no COG,
  2857. 1:26:36right? Like it was just instant download
  2858. 1:26:38PDFs. And the reason there was no COG is
  2859. 1:26:40because we were finishing college,
  2860. 1:26:42right? Like we had no money. We had
  2861. 1:26:43university laptops and we would go to a
  2862. 1:26:45local Barnes & Nobles and just crank out
  2863. 1:26:47on Canva the I think it was Canva on
  2864. 1:26:49Canva these instant download PDFs on
  2865. 1:26:51just exactly the types of weightlifting
  2866. 1:26:53workouts we wanted to do. And if you
  2867. 1:26:54bought the guide, you would get a
  2868. 1:26:55Facebook community. You would get
  2869. 1:26:57private Instagram pages with videos of
  2870. 1:26:59each exercise. You'd get tons of just
  2871. 1:27:01like free content. And that's what like
  2872. 1:27:03really started building a community for
  2873. 1:27:04us, right? It's even like Mari launching
  2874. 1:27:06a podcast for our community where she
  2875. 1:27:09would bring on like the top doctors
  2876. 1:27:10around the nation, neurosurgeons, mental
  2877. 1:27:12health, whatever it may be for free for
  2878. 1:27:15our community. Like that's what building
  2879. 1:27:16a brand and building a community is. And
  2880. 1:27:17we learned all of that from the Mari
  2881. 1:27:19fitness days. And so we scaled that
  2882. 1:27:21business as a PayPal business. But going
  2883. 1:27:22back to the TD Bank story, I remember
  2884. 1:27:25had no idea what was going on. Every day
  2885. 1:27:28I would take the PayPal balance and move
  2886. 1:27:29it over to our TD Bank. And then I would
  2887. 1:27:31go to TD Bank in my car and withdraw all
  2888. 1:27:34of the cash and just put it into the
  2889. 1:27:36car's glove box. And then eventually TD
  2890. 1:27:38Bank was like, "Dude, what drugs are you
  2891. 1:27:41selling? What is this like weird daily
  2892. 1:27:43withdrawal that you're doing? You can no
  2893. 1:27:45longer have a bank account here." So I
  2894. 1:27:47was like, "Fuck this." Like what do you
  2895. 1:27:49mean? Like I just want all of my money.
  2896. 1:27:50Da da da. So we drive to Chase in
  2897. 1:27:53Westchester, New York, and we're going
  2898. 1:27:55to open up our first business account. I
  2899. 1:27:56don't even think we had an LLC at the
  2900. 1:27:58time. And we were like, "Yeah, we have
  2901. 1:28:00an Instagram business. We would like to
  2902. 1:28:01open up a business account." And they
  2903. 1:28:02and you know, we got through the paper
  2904. 1:28:04like, "Do you guys even like have any
  2905. 1:28:05money? Like what's the what what are we
  2906. 1:28:06doing here?" And Mari just took out 50
  2907. 1:28:08grand from our bag and just put it on
  2908. 1:28:09the table and was like, "We have this."
  2909. 1:28:12So it was [laughter] like we like still
  2910. 1:28:13just like had no idea what was going on.
  2911. 1:28:15We were two like 21 year olds with like
  2912. 1:28:17all this cash and we were just like, I
  2913. 1:28:18think we need a bank account now. Like
  2914. 1:28:20we truly had no all we knew was action.
  2915. 1:28:23We didn't know education. So we were
  2916. 1:28:25just moving forward and kind of figuring
  2917. 1:28:26it out as we go. But anyway, we're back
  2918. 1:28:28to LA now. Fast forward to 2021, 2022.
  2919. 1:28:32We're working out of the Airbnb and
  2920. 1:28:33eventually some we works there. But from
  2921. 1:28:36LA,
  2922. 1:28:38we bootstrapped the business. We had our
  2923. 1:28:40first headquarters. We bootstrapped the
  2924. 1:28:41business to 180 million. And that's when
  2925. 1:28:43we started the partnership with
  2926. 1:28:44Neutribolt. And upon signing the
  2927. 1:28:46partnership with Neutribolt, me and our
  2928. 1:28:48main team and family moved to Austin,
  2929. 1:28:51Texas just to show them how ser they
  2930. 1:28:52didn't ask us to, just to show them how
  2931. 1:28:54seriously we were taking the
  2932. 1:28:55partnership. and we needed to put all of
  2933. 1:28:57the odds in our favor for this
  2934. 1:28:58partnership to work. So Dr. Pepper's
  2935. 1:29:00based out of Texas, Neutropol's based
  2936. 1:29:02out of Austin, Texas. We bought a
  2937. 1:29:04building in East Austin and that became
  2938. 1:29:05Bloom's new flagship headquarters.
  2939. 1:29:08>> So zooming out, I mean, five places, 5
  2940. 1:29:10years, it seems like. What's the advice
  2941. 1:29:12you'd give to any young founder out
  2942. 1:29:13there? Just go wherever the [ __ ] you
  2943. 1:29:15need to go.
  2944. 1:29:15>> Go wherever you need to go because one
  2945. 1:29:17of the best ways for you to increase
  2946. 1:29:18your chances of luck is to be in the
  2947. 1:29:20right place at the right time. So, you
  2948. 1:29:22know, I don't think LA is necessarily
  2949. 1:29:23the right place today for that to
  2950. 1:29:25happen, but it was at the time. So,
  2951. 1:29:26whatever that is for you today.
  2952. 1:29:29>> Makes sense. And you think just if
  2953. 1:29:31you're in the beginning, they should
  2954. 1:29:31just be willing to sacrifice anything at
  2955. 1:29:33that stage? I feel like
  2956. 1:29:36>> if you're not all in, you're going to be
  2957. 1:29:38beat by the person who's allin. Yeah.
  2958. 1:29:40>> Fact.
  2959. 1:29:40>> If you're not working Thanksgiving, then
  2960. 1:29:41you're going to be beat by the person
  2961. 1:29:42who's working Thanksgiving.
  2962. 1:29:44>> Random opinion, where do you think it's
  2963. 1:29:45the best place to start a company right
  2964. 1:29:46now?
  2965. 1:29:47>> Dude, I'm pretty bullish on this Austin
  2966. 1:29:48place.
  2967. 1:29:49>> Yeah,
  2968. 1:29:49>> I'm pretty bullish on it. like
  2969. 1:29:51>> why outside of Texas?
  2970. 1:29:53>> It seems to be like the entrepreneurship
  2971. 1:29:55CPG hub that I've looked for my whole
  2972. 1:29:57career. And I don't think it was that 5
  2973. 1:29:59years ago based off of what people tell
  2974. 1:30:00me, but in the last two years, I am like
  2975. 1:30:02blown away by the amount of CPG or just
  2976. 1:30:07overall founders that reside in Austin,
  2977. 1:30:10Texas. And the culture there is like
  2978. 1:30:13Texas values of just like come over for
  2979. 1:30:15dinner, let's talk about how to make
  2980. 1:30:16each other better. They all have family
  2981. 1:30:18values and like it's not it's not a lot
  2982. 1:30:21of this. There's no gatekeeping. There's
  2983. 1:30:23no gatekeeping. Everybody's open book,
  2984. 1:30:24which is how I've been my whole career.
  2985. 1:30:26There's no [ __ ] secrets to anything
  2986. 1:30:27that I'm doing. I think that is all in
  2987. 1:30:29the execution and I can tell you my
  2988. 1:30:30exact playbook. And you know, there's no
  2989. 1:30:32prescription to go recreating Bloom,
  2990. 1:30:34right? And so I love trading notes. I
  2991. 1:30:37love meeting with other founders. I find
  2992. 1:30:38that I can almost only relate to other
  2993. 1:30:40founders on a social level at this
  2994. 1:30:42point. And on top of that, it's the
  2995. 1:30:44perfect time zone. the PST time zone
  2996. 1:30:46like really [ __ ] up my business or
  2997. 1:30:48like how I would operate in business.
  2998. 1:30:50Like trying to get on to calls at
  2999. 1:30:51appropriate times with people in New
  3000. 1:30:53York or internationally in the UK and
  3001. 1:30:56talking to my family in New York was
  3002. 1:30:57tough living in LA. So like Austin is
  3003. 1:30:59like the perfect time zone and it's a
  3004. 1:31:01perfect travel hub because you're
  3005. 1:31:02sitting in the center of the country. So
  3006. 1:31:04I don't have any more like 4hour flights
  3007. 1:31:06or four and a half hour flights to New
  3008. 1:31:07York. Everything's just like two and a
  3009. 1:31:09half hours away now.
  3010. 1:31:10>> Strong cosine. Let's talk a little bit
  3011. 1:31:12about personal brand. We talked a bunch
  3012. 1:31:14off camerara. Obviously, you know, Bloom
  3013. 1:31:15was built on your wife's platform. She
  3014. 1:31:18goes, "On maternity leave, you've kind
  3015. 1:31:20of stepped into personal content. What's
  3016. 1:31:22the hardest part of that?" Dude, I I
  3017. 1:31:24cannot believe how hard it is.
  3018. 1:31:26[laughter]
  3019. 1:31:26>> It's a lot.
  3020. 1:31:26>> I cannot believe how hard it is and how
  3021. 1:31:28much work it is. I I'm blessed to be in
  3022. 1:31:30a place where I was immediately able to
  3023. 1:31:32get like a head of my media, who's JJ,
  3024. 1:31:34is here today and he runs the whole show
  3025. 1:31:35with me. Shout out to JJ. And everyone
  3026. 1:31:37on the Bloom team has like I don't know.
  3027. 1:31:40I don't know.
  3028. 1:31:42They support me more than I feel like I
  3029. 1:31:44even deserve. But everyone on the Bloom
  3030. 1:31:45team who are all like huge social media
  3031. 1:31:47heads and like on top of culture,
  3032. 1:31:49they've supported the hell out of me and
  3033. 1:31:50just want to help me as much as I can
  3034. 1:31:52with my content and they're hyping me up
  3035. 1:31:54on a regular basis. But I would say
  3036. 1:31:56building a personal brand to me is like
  3037. 1:31:58the rawest form of entrepreneurship.
  3038. 1:32:02You are the product. So if I'm the CEO
  3039. 1:32:05of Bloom and it's a 100 person company
  3040. 1:32:07and I have a bad day, there's 99 people
  3041. 1:32:09that can make sure Bloom still moves
  3042. 1:32:10forward. If I have a bad day, as you
  3043. 1:32:14know, Greg Lav is my handle now. I'm
  3044. 1:32:16Greg Lecia,
  3045. 1:32:18then my product is having a bad day. So
  3046. 1:32:21it's like the level of accountability
  3047. 1:32:23and like it just it just fires me up
  3048. 1:32:25like how much the the table stakes. I
  3049. 1:32:27just love it. I find it like very fun
  3050. 1:32:30and scary. It's literally every day, all
  3051. 1:32:32day if you're putting out content on
  3052. 1:32:33volume.
  3053. 1:32:34>> Like, I can't be [ __ ] hung over. I
  3054. 1:32:35could like, you know, be hung over a
  3055. 1:32:37couple because I know I'm like locked in
  3056. 1:32:38and I [ __ ] work out and I'm in the
  3057. 1:32:40gym every day at 5 a.m., but like I like
  3058. 1:32:41tequila. I like cigars. I'll feel like
  3059. 1:32:43[ __ ] some days. I got to have a lot less
  3060. 1:32:46feeling like [ __ ] days now with this
  3061. 1:32:48personal brand.
  3062. 1:32:48>> We were just talking off camera. I mean,
  3063. 1:32:50I think you need to embrace the airplane
  3064. 1:32:51mode cuz nothing's worse than like
  3065. 1:32:53>> coming on a podcast like this and
  3066. 1:32:55someone just blowing a bomb on a text
  3067. 1:32:56message right before you come on.
  3068. 1:32:57>> Dude, that would me. That would [ __ ] me
  3069. 1:32:59up, man. it. Yeah, it's not. Of course,
  3070. 1:33:01it's not just like physical being in the
  3071. 1:33:02gutter. Like, not just
  3072. 1:33:03>> it's way more mental.
  3073. 1:33:04>> It's way more mental. Like, I just like
  3074. 1:33:05need to stay in a good mood and I've
  3075. 1:33:07surrounded myself with people who hype
  3076. 1:33:08me up like, you know, whether it's of
  3077. 1:33:10course my wife saying, "Good luck on the
  3078. 1:33:11podcast right now," or I have Leo with
  3079. 1:33:12me right now who is still my best friend
  3080. 1:33:14and lives is still my neighbor in Texas.
  3081. 1:33:16But, uh, like just making sure he holds
  3082. 1:33:19back bad news until it's an appropriate
  3083. 1:33:21time to say it because there's always
  3084. 1:33:22fires. There's a fire at Bloom every
  3085. 1:33:24[ __ ] day, right? and like figuring
  3086. 1:33:26out how to keep everyone in the company
  3087. 1:33:28in the greatest optimistic creative
  3088. 1:33:31state at all times really just comes
  3089. 1:33:33down to like cadence of communication
  3090. 1:33:35let alone embracing communication.
  3091. 1:33:38>> I feel like there is people on both
  3092. 1:33:40sides of the coin and they are very very
  3093. 1:33:42passionate about their stance where it's
  3094. 1:33:44like you seem to be someone that you
  3095. 1:33:46should build in public and you should be
  3096. 1:33:47creating content as a founder and other
  3097. 1:33:48people ironically the people that are
  3098. 1:33:50not creating content as founders. What
  3099. 1:33:52have you seen like the personal and
  3100. 1:33:54brand benefit that has come with you
  3101. 1:33:57putting your name out there, your face
  3102. 1:33:58out there and talking about everything
  3103. 1:33:59you're doing?
  3104. 1:34:00>> You know, it's funny because like I I
  3105. 1:34:01don't even have 100,000 followers.
  3106. 1:34:03>> Yeah.
  3107. 1:34:03>> But the quality of the followers in the
  3108. 1:34:06sense of like people, the inbound of
  3109. 1:34:08people who can truly help me move the
  3110. 1:34:10needle to get closer to my goals has
  3111. 1:34:12blown me away. And I think it's because
  3112. 1:34:14there's not a ton of us doing this. So,
  3113. 1:34:16it's been just like I'm so motivated to
  3114. 1:34:19continue building these platforms and to
  3115. 1:34:21continue posting because of the amount
  3116. 1:34:23of inbound of just like like-minded
  3117. 1:34:24people from around the world that I've
  3118. 1:34:26gotten to meet because of it. And it's
  3119. 1:34:28made me a better dad, a better
  3120. 1:34:29entrepreneur, a better husband, a better
  3121. 1:34:31friend just through interactions
  3122. 1:34:33digitally.
  3123. 1:34:34>> Yeah, it's so crazy. It's actually
  3124. 1:34:35ironic. I'm actually going to use the
  3125. 1:34:37line that you said and kind of I kind of
  3126. 1:34:39unpacked. content is a very saturated
  3127. 1:34:41market or from a whites space
  3128. 1:34:43perspective. the amount of operators
  3129. 1:34:46that have like a min all you have to do
  3130. 1:34:49is have like a minimal amount of juice,
  3131. 1:34:50a minimal amount of brain, a minimum
  3132. 1:34:51amount of social proofing, have a
  3133. 1:34:53business that's like real like
  3134. 1:34:55>> there's so few and there's such a demand
  3135. 1:34:58for that type of content and like I can
  3136. 1:35:01think in my head we don't need to go
  3137. 1:35:02through the names of like sub 10 people
  3138. 1:35:04in the whole entire world that are
  3139. 1:35:07putting out consistent content that are
  3140. 1:35:09males running a real company showing you
  3141. 1:35:11behind the scenes of what they're doing.
  3142. 1:35:12I and of course we've all been tricked
  3143. 1:35:15by every core seller with the rented
  3144. 1:35:16Lambo, right? And it's like I think
  3145. 1:35:18we're all just [ __ ] We've been sick
  3146. 1:35:20of them from day one. And it's like so
  3147. 1:35:22cool to now see real operators making
  3148. 1:35:24content and setting the stage or setting
  3149. 1:35:27the example for the next generation.
  3150. 1:35:28It's [ __ ] awesome.
  3151. 1:35:29>> Yeah. I think too we should do a little
  3152. 1:35:31test. I'm going to ask a bunch of you
  3153. 1:35:32guys that have been on the pod to do it.
  3154. 1:35:33Is like I also think that it's a CAC
  3155. 1:35:35arbitrage. Like the reality is is like
  3156. 1:35:37when I was in Santa Barbara, like I
  3157. 1:35:40never was someone that would have bought
  3158. 1:35:41a Bloom and then I'm like, "Oh, Greg,
  3159. 1:35:43bought a Bloom."
  3160. 1:35:43>> Yeah.
  3161. 1:35:44>> And now you're gonna I'm going to win on
  3162. 1:35:45LT. You're going to win on LTV on that.
  3163. 1:35:46So,
  3164. 1:35:47>> imagine if you were a male
  3165. 1:35:51influential person at a large retailer
  3166. 1:35:53who would have never seen my wife's
  3167. 1:35:55content or would have never seen any of
  3168. 1:35:56the female influencers who post about
  3169. 1:35:58Bloom.
  3170. 1:35:59>> A guy might find my [ __ ] and who who can
  3171. 1:36:02actually change the trajectory of Bloom.
  3172. 1:36:04So again, just like what are things you
  3173. 1:36:05could do to increase your chances of
  3174. 1:36:07luck? I think building a personal brand
  3175. 1:36:09is one of the biggest.
  3176. 1:36:10>> Yeah. Sahil, who was on the episode, has
  3177. 1:36:12a great book, his his new book coming
  3178. 1:36:13out eventually is about increasing the
  3179. 1:36:15surface area for luck. And I feel like
  3180. 1:36:17what you just said too, it goes back to
  3181. 1:36:18like the no attri You're doing CPMs, but
  3182. 1:36:21the no attribution on the influencer.
  3183. 1:36:23It's just like I know people that have
  3184. 1:36:25come on the podcast and they've
  3185. 1:36:26literally found investors cuz people are
  3186. 1:36:28like, "Oh, I watch the podcast." So
  3187. 1:36:30investors, bisdev, content. I mean,
  3188. 1:36:32there's a million different ways that
  3189. 1:36:33people can come into the funnel.
  3190. 1:36:34>> I'm not I'm not I don't really have an
  3191. 1:36:36active portfolio, but like my deal flow
  3192. 1:36:38is ridiculous now,
  3193. 1:36:40>> right? Because it's like people want me
  3194. 1:36:41to get involved in their business. And
  3195. 1:36:43so I I have to decline 99% of them, but
  3196. 1:36:45like it's I was like, "Oh, this is how
  3197. 1:36:47you get deal flow." Cuz I was always
  3198. 1:36:49surprised like why like brands didn't
  3199. 1:36:51want me to invest like don't you know
  3200. 1:36:52what I'm building over here? Right? And
  3201. 1:36:54I was almost like insecure about my
  3202. 1:36:55status in society because I was like,
  3203. 1:36:57"No one has recognized what I've built."
  3204. 1:36:59And it's like, no, you just start making
  3205. 1:37:00some content about it. And it's like,
  3206. 1:37:02oh, no one was recognizing because they
  3207. 1:37:03didn't [ __ ] know. The tree falls in
  3208. 1:37:05the forest and no one's around to hear
  3209. 1:37:06it. Like, you need to shout from the
  3210. 1:37:07from the rooftops like when you are
  3211. 1:37:09doing something special because there's
  3212. 1:37:11so much going on on Instagram and the
  3213. 1:37:14news outlets that it's like if you don't
  3214. 1:37:16try to make sure you're heard, no one's
  3215. 1:37:17going to notice. And some people don't
  3216. 1:37:18want to be noticed. And shout out to
  3217. 1:37:20them, but I I don't I have too much
  3218. 1:37:21insecurity. So, I want people to notice.
  3219. 1:37:23And so, it's been huge for that. I think
  3220. 1:37:25regardless of insecurity, ego, whatever
  3221. 1:37:27anybody has, I just think that dollar
  3222. 1:37:30for dollar,
  3223. 1:37:31>> yes,
  3224. 1:37:32>> it makes sense.
  3225. 1:37:33>> Yes,
  3226. 1:37:33>> we'll see how it shakes out.
  3227. 1:37:34>> Guys, this episode is sponsored by
  3228. 1:37:36Ketone IQ. I often sit down in this
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  3239. 1:38:00[music]
  3240. 1:38:01That's ke.com/open
  3241. 1:38:04residency. Guys, this is something that
  3242. 1:38:06I use every single day, non-negotiable.
  3243. 1:38:09Give it a try. I want to shift a little
  3244. 1:38:12bit into into leadership. I guess let's
  3245. 1:38:14just start like super macro. What would
  3246. 1:38:16you say like is your leadership style?
  3247. 1:38:19First and foremost, lead by example,
  3248. 1:38:21right? Like that's the best thing that
  3249. 1:38:22you can do every single day is just, you
  3250. 1:38:24know, create create an environment where
  3251. 1:38:26people and this this goes back to just
  3252. 1:38:28having an a headquarters in Austin,
  3253. 1:38:30right? We are not a remote company. I do
  3254. 1:38:32not operate well on Zoom calls. I
  3255. 1:38:35unfortunately to my team have had to
  3256. 1:38:38tailor the entire organization about the
  3257. 1:38:40environment that I thrive in and I have
  3258. 1:38:42found people who also thrive in that
  3259. 1:38:43environment which is like a very as few
  3260. 1:38:45Zoom calls as possible as often as we
  3261. 1:38:47can get into a room together with as
  3262. 1:38:49little technology as possible that's
  3263. 1:38:51where the creativity has happens. I
  3264. 1:38:53think everyone in the company it's not
  3265. 1:38:54just the marketing and the brand team
  3266. 1:38:56creativity is how people thrive. So, how
  3267. 1:38:59can I create as a leader an environment
  3268. 1:39:01where people as creative as possible,
  3269. 1:39:03right? Whether that just means there's
  3270. 1:39:05incredibly healthy snacks and tons of
  3271. 1:39:07caffeine and, you know, lunch every day,
  3272. 1:39:09you know, provided to the team, but it's
  3273. 1:39:11also like just an awesome building that
  3274. 1:39:13we own and we have been able to turn
  3275. 1:39:15into the Bloom the Bloom house, the
  3276. 1:39:18Bloom world. And so, people are just
  3277. 1:39:20constantly coming into our headquarters
  3278. 1:39:22and being in a state where they can be
  3279. 1:39:24incredibly creative. It's also a
  3280. 1:39:25headquarters where I run a podcast
  3281. 1:39:27studio out of this headquarters. It's
  3282. 1:39:29called the Pursuit Network. And so we
  3283. 1:39:30have like really influential people
  3284. 1:39:32coming in and out of the doors on a on a
  3285. 1:39:33daily basis. And it's like it's an open
  3286. 1:39:35door policy at our headquarters. There's
  3287. 1:39:37other entrepreneurs in Texas that just
  3288. 1:39:39pick up a desk someday. And it's like
  3289. 1:39:40you you want that activity. You want
  3290. 1:39:42those new ideas, those souls coming into
  3291. 1:39:44the building. And you don't you don't
  3292. 1:39:46want to you don't want to stale under
  3293. 1:39:49the the bright white lights type of
  3294. 1:39:52environment,
  3295. 1:39:53>> you know, in in your building. I don't
  3296. 1:39:54want a [ __ ] dentist office. So, I
  3297. 1:39:57would say leading through example,
  3298. 1:39:58creating an environment where creativity
  3299. 1:40:01thrives, but also positive and negative
  3300. 1:40:03feedback loops. You can't just
  3301. 1:40:05constantly say the things that you don't
  3302. 1:40:06like or constantly say the things that
  3303. 1:40:08you do like. Then there's just infinite
  3304. 1:40:10options for the for the latter. You need
  3305. 1:40:12to give positive and negative feedback
  3306. 1:40:14loops. And I am very pro anger
  3307. 1:40:18management. You need to control your
  3308. 1:40:20emotions. In any business scenario,
  3309. 1:40:22emotions will make you lose the
  3310. 1:40:25scenario. So, I used to earlier in my
  3311. 1:40:27career, I thought like writing an email
  3312. 1:40:29in caps lock was [ __ ] badass and
  3313. 1:40:31everyone was going to see like how much
  3314. 1:40:32I how passionate I was about this thing
  3315. 1:40:34and then it's like, oh, I wrote a caps
  3316. 1:40:36lock email to the wrong person. And I
  3317. 1:40:38realized like how much that can [ __ ] up
  3318. 1:40:41your trajectory. So, I don't know if
  3319. 1:40:44there's been more than two or three
  3320. 1:40:45times that I've gotten like angry at a
  3321. 1:40:48team member. I don't think there's a
  3322. 1:40:50place for that at least at the Bloom
  3323. 1:40:52office. Like it is a very
  3324. 1:40:55lead through positivity and do not lead
  3325. 1:40:57through fear environment. Yeah. I asked
  3326. 1:40:59Uncle Leo what he thought about your
  3327. 1:41:01leadership. He said he tenaciously
  3328. 1:41:02follows up and questions everything.
  3329. 1:41:03Always leads with that. Great motivator
  3330. 1:41:05of people. Always positive. Always
  3331. 1:41:08optimistic.
  3332. 1:41:09>> And I and and that
  3333. 1:41:10>> you guys know each other.
  3334. 1:41:11>> That's what is that chatbt answer?
  3335. 1:41:12>> No. That was yesterday when I called
  3336. 1:41:14him.
  3337. 1:41:15>> You [ __ ] called him?
  3338. 1:41:16>> I called him, bro.
  3339. 1:41:17>> Wow. Yeah, bro.
  3340. 1:41:18>> Damn.
  3341. 1:41:19>> Your assistant hooked it up.
  3342. 1:41:20>> I got a speech at his wedding soon. I'll
  3343. 1:41:22make sure I I double down on that. But I
  3344. 1:41:24but I um
  3345. 1:41:25>> rip them up.
  3346. 1:41:26>> Yeah, really. They'll be mostly
  3347. 1:41:27Brazilian and not speaking English, so I
  3348. 1:41:29can really say whatever I want. And
  3349. 1:41:30[laughter]
  3350. 1:41:32>> but yeah, I think dude, these people are
  3351. 1:41:35my family. Like, we have people who have
  3352. 1:41:37been with us for the better half of a
  3353. 1:41:40decade at Bloom who have moved states
  3354. 1:41:42multiple times with us, which is still
  3355. 1:41:44blows my mind. There's a few people, a
  3356. 1:41:46bunch of people that are going to be
  3357. 1:41:47multi-millionaires that a traditional
  3358. 1:41:50trajectory for their role would not have
  3359. 1:41:51made them multi-millionaires because
  3360. 1:41:53they are at Bloom. And so
  3361. 1:41:56seeing cool cars in my parking lot that
  3362. 1:41:58are not mine, nothing fires me up more
  3363. 1:42:00than that.
  3364. 1:42:01>> Love that. You run basically 95% female
  3365. 1:42:04company.
  3366. 1:42:04>> Yeah.
  3367. 1:42:05>> Tell me more.
  3368. 1:42:07>> I I I wish I had intention behind that.
  3369. 1:42:09I don't. Right. It's like I I try to
  3370. 1:42:11hire the Bloom the Bloom consumer which
  3371. 1:42:13happens to be a female. And I think
  3372. 1:42:17generally speaking, a female thrives,
  3373. 1:42:19you know, with a brand or a person
  3374. 1:42:21thrives working on a brand that they are
  3375. 1:42:22passionate about and that they want to
  3376. 1:42:24consume. So just the it it's just shaken
  3377. 1:42:27out that way. Volum is a meritocracy
  3378. 1:42:29like the hardest worker wins in the
  3379. 1:42:31room. The one with the greatest output
  3380. 1:42:32wins in the room and it has just always
  3381. 1:42:34fallen towards female team almost always
  3382. 1:42:37fallen towards female team members. It's
  3383. 1:42:39all I know.
  3384. 1:42:40>> Yeah. I mean, that's just great simple
  3385. 1:42:43advice is just hire team members,
  3386. 1:42:44especially on the creative and brand
  3387. 1:42:45side that are ICP. What about hiring
  3388. 1:42:47from like traditional big companies?
  3389. 1:42:49Have you done that?
  3390. 1:42:50>> The biggest mistakes in my talent
  3391. 1:42:52acquisition journey have been trying to
  3392. 1:42:55hire people from the corporations that I
  3393. 1:42:58wanted Bloom to be like or like that had
  3394. 1:43:00already achieved the goals that I wanted
  3395. 1:43:02Bloom to achieve. So, if somebody were
  3396. 1:43:04to apply, let's just use Red Bull as an
  3397. 1:43:06example. were here in California where
  3398. 1:43:07they're based or LA. Let's just say I
  3399. 1:43:09wanted to launch an energy drink and I
  3400. 1:43:11start to get some inbound resumes that
  3401. 1:43:13say Red Bull on them and I just go, "Oh,
  3402. 1:43:15wow. They probably know all about the
  3403. 1:43:18magic that's happening over there. I'm
  3404. 1:43:19going to expedite their whole their
  3405. 1:43:22whole interview funnel and just get them
  3406. 1:43:24in these walls and then we're going to
  3407. 1:43:25be able to figure out everything that
  3408. 1:43:26Red Bull's doing." First of all, if a
  3409. 1:43:28corporation is thousands of people,
  3410. 1:43:30chances are that one person applied
  3411. 1:43:32[ __ ] nothing to making that brand
  3412. 1:43:34special. And what made that brand
  3413. 1:43:35special probably started 50 years ago,
  3414. 1:43:37right? So, it's like any time I've
  3415. 1:43:39expedited the hiring process to try to
  3416. 1:43:42get the sexy corporation on the resume
  3417. 1:43:46within the Bloom Walls, I have made a
  3418. 1:43:48massive mistake. I think the first
  3419. 1:43:50question that I ask in every interview
  3420. 1:43:53is, "Name me three brands that you love
  3421. 1:43:56following on digital and why you think
  3422. 1:43:57they're crushing it." Like, I just need
  3423. 1:43:59to make sure that that person gets what
  3424. 1:44:00the [ __ ] is going on and what we're
  3425. 1:44:02doing here. And then we just have a
  3426. 1:44:03conversation about those three brands.
  3427. 1:44:04And it might be a brand that I've never
  3428. 1:44:05heard of, but I'll quickly pull it up on
  3429. 1:44:07social media and see kind of what
  3430. 1:44:08they're up to. And if they can explain
  3431. 1:44:10to me why they think they are winning,
  3432. 1:44:12we can move on to the next question. And
  3433. 1:44:14that's for anything from an executive
  3434. 1:44:16assistant to on the brand team.
  3435. 1:44:19>> I love that. That's great advice that
  3436. 1:44:20I've never heard. Just what are you
  3437. 1:44:22consuming?
  3438. 1:44:22>> Let's just chat about the industry.
  3439. 1:44:24Let's just chat CPG for 15 minutes.
  3440. 1:44:26Let's see if you can hold this
  3441. 1:44:27conversation. Do you get what's going on
  3442. 1:44:30here?
  3443. 1:44:32Beginning days and now hunger or talent
  3444. 1:44:34what are you looking for?
  3445. 1:44:36>> Beginning days it was absolutely hunger.
  3446. 1:44:38I definitely did not my my my motto in
  3447. 1:44:41the beginning days was I don't want
  3448. 1:44:43anyone brainwashed by brands that are
  3449. 1:44:45moving at a sloth's pace, right? I
  3450. 1:44:47wanted people who were right out of
  3451. 1:44:49college that had no idea how what a
  3452. 1:44:51normal pace was and you know had no idea
  3453. 1:44:54about what what
  3454. 1:44:57>> corporate America
  3455. 1:44:58>> what corporate America was. And I wanted
  3456. 1:44:59entrepreneurs and entrepreneurs who just
  3457. 1:45:01wanted to join a [ __ ] startup
  3458. 1:45:03culture. And so I was very anti
  3459. 1:45:06corporate America brainwashed at the
  3460. 1:45:08time. Now I have an appreciation for
  3461. 1:45:10people who have seen what perfection
  3462. 1:45:12looks like. Right now that we're what
  3463. 1:45:14what has gotten us to 100 million is
  3464. 1:45:16going to be different than what gets us
  3465. 1:45:17to a 500 and what is going to be
  3466. 1:45:19different than what gets us to a
  3467. 1:45:20billion. And so having people in in the
  3468. 1:45:23team who have been there before seems to
  3469. 1:45:27be incredibly valuable at this point
  3470. 1:45:29because they just know what that looks
  3471. 1:45:30like. And if I can find somebody who I
  3472. 1:45:33can take from corporate America who
  3473. 1:45:37is sick of it and wants to be part of
  3474. 1:45:39this entrepreneurship journey before
  3475. 1:45:41it's too late. That now for especially
  3476. 1:45:44on a leadership level is like my my
  3477. 1:45:46favorite hires at Bloom. Yeah, I do feel
  3478. 1:45:48like you guys are in this explosive mode
  3479. 1:45:50where there's still kind of meat left on
  3480. 1:45:52the bone where if somebody came on now
  3481. 1:45:53from a corporate side, like you can
  3482. 1:45:55still three, five, eight, 10x.
  3483. 1:45:57>> Yeah, because like it's not like
  3484. 1:45:59shipping to to retailers, I don't really
  3485. 1:46:02need like a young entrepreneurship mind.
  3486. 1:46:03I need someone who's done it before,
  3487. 1:46:05right? Ordering millions of cans every
  3488. 1:46:07single day. I need someone who's done it
  3489. 1:46:09before. But in terms of like the
  3490. 1:46:10branding and marketing team, I think,
  3491. 1:46:12and this goes back to like agism and how
  3492. 1:46:14I feel about experience overall in
  3493. 1:46:17digital and building a brand, it's like
  3494. 1:46:19what worked 5 years ago is not going to
  3495. 1:46:21work today. And so it's almost like your
  3496. 1:46:23experience is irrelevant to me. And I
  3497. 1:46:26think that a a 22-year-old who just
  3498. 1:46:29loves digital is just as worthy as
  3499. 1:46:32borderline leading a brand department,
  3500. 1:46:35depending on how many direct reports
  3501. 1:46:36they have, leading a brand department as
  3502. 1:46:38a 35-year-old is a seasoned vet. Yeah,
  3503. 1:46:41that's the thesis of this podcast is
  3504. 1:46:42getting people that are currently in the
  3505. 1:46:44arena. I am a student of history and I
  3506. 1:46:46read tons of biographies and I love to
  3507. 1:46:48learn about past entrepreneurs, but I
  3508. 1:46:50feel feel like outside of the
  3509. 1:46:51fundamental whether it be systems or
  3510. 1:46:53finance or how to sell a company, those
  3511. 1:46:56are going to be tried and true forever,
  3512. 1:46:57but just like
  3513. 1:46:59Tik Tok shop and AI like Steve Jobs has
  3514. 1:47:03nothing to tell me about Tik Tok.
  3515. 1:47:04>> No, I want a 25-year-old for that
  3516. 1:47:06department. And I would say the finance
  3517. 1:47:08and supply chain roles, I'm open to
  3518. 1:47:11remote hires. I'm open to that being
  3519. 1:47:13around the country, but if it's
  3520. 1:47:14something that's like directly pointing
  3521. 1:47:17towards our impact on culture, that
  3522. 1:47:19needs to be in the Austin headquarters
  3523. 1:47:21or our LA office.
  3524. 1:47:23>> Obviously, this influencer machine and
  3525. 1:47:25army is all in-house. It seems like
  3526. 1:47:26you're very much so in-house versus
  3527. 1:47:28agency. Why?
  3528. 1:47:29>> I would say in the early days of Bloom,
  3529. 1:47:31we were bootstrapped and we were
  3530. 1:47:32competing in an era of like CPG brands
  3531. 1:47:35raising a ton of money. And so they
  3532. 1:47:36would raise a ton of money, have the
  3533. 1:47:38pressure to deploy that money, and they
  3534. 1:47:39would just go sign the the hottest
  3535. 1:47:41agency at the time with the biggest
  3536. 1:47:43check because, you know, it was a check
  3537. 1:47:44that I couldn't even fathom writing out
  3538. 1:47:46of a bootstrap brand. So I realized
  3539. 1:47:48early on like the only way we can
  3540. 1:47:50compete with these brands raising all of
  3541. 1:47:52this money and deploying the greatest
  3542. 1:47:54agencies in the world is to build
  3543. 1:47:56something bootstrapped inhouse that's
  3544. 1:47:59proprietary to us. And that has just
  3545. 1:48:01worked for us since day one. And we have
  3546. 1:48:03continued to rinse and repeat that. I'm
  3547. 1:48:05very anti- agency. If I hire an agencies
  3548. 1:48:08for a temporary period of time to learn
  3549. 1:48:10what they are doing and then build it
  3550. 1:48:12better inhouse. I mean, we were huge
  3551. 1:48:14fans of hiring agencies for a short
  3552. 1:48:17stint or hiring consultants for a short
  3553. 1:48:19stint and either, you know, in a
  3554. 1:48:21consultant scenario, potentially hiring
  3555. 1:48:23them full-time if we think they're a
  3556. 1:48:24killer. But I love test driving things
  3557. 1:48:27and learning with different systems, but
  3558. 1:48:29it has to have a path to building it out
  3559. 1:48:32inhouse.
  3560. 1:48:33>> How is it having multi-ity offices?
  3561. 1:48:34You're the first person on that has
  3562. 1:48:36that.
  3563. 1:48:36>> I
  3564. 1:48:38I've been traveling a little bit too
  3565. 1:48:39much, especially now with our son. There
  3566. 1:48:42have been points where I just wanted the
  3567. 1:48:44best person no matter where they were in
  3568. 1:48:45the country. And
  3569. 1:48:47I've regretted it only if there wasn't a
  3570. 1:48:50path to them moving to Austin or at
  3571. 1:48:52least moving to LA. Obviously, we had an
  3572. 1:48:54established LA headquarters and then I
  3573. 1:48:56moved with a lot of our leadership team
  3574. 1:48:58to Austin. So, in in this scenario, it
  3575. 1:49:01just makes sense to have this LA office.
  3576. 1:49:02Obviously, there's still like a lot of
  3577. 1:49:04talent agencies and people that we do in
  3578. 1:49:06person business with in Los Angeles. So,
  3579. 1:49:08we have probably like 25 people here in
  3580. 1:49:10LA and I'll get out here at least once a
  3581. 1:49:11quarter, but I also make sure my main
  3582. 1:49:14players in LA are in Austin for a couple
  3583. 1:49:17days almost every single month. So,
  3584. 1:49:19>> you said something key out there. We
  3585. 1:49:20actually are just dealing with it. If
  3586. 1:49:21somebody is remote, making sure you have
  3587. 1:49:23100% clarity and there's a path for that
  3588. 1:49:26person to eventually be in person
  3589. 1:49:27because then you're just wasting
  3590. 1:49:28everybody's time.
  3591. 1:49:29>> Yeah. Like I I and and again that's me
  3592. 1:49:31being selfish because I won't thrive as
  3593. 1:49:34the CEO, as the leader to that person if
  3594. 1:49:36it's just through Zoom calls. So like we
  3595. 1:49:39have some killers in New York that have
  3596. 1:49:41made sense to be in New York and I also
  3597. 1:49:43just want an excuse to go to New York
  3598. 1:49:44once a month, but like we go we all go
  3599. 1:49:46back and forth to New York and Austin
  3600. 1:49:47together to at least have in-person time
  3601. 1:49:49twice a month.
  3602. 1:49:51>> Makes sense. Yeah, I could tell you're
  3603. 1:49:53an inerson type guy.
  3604. 1:49:54>> Yeah.
  3605. 1:49:54>> To close up hiring and firing, what are
  3606. 1:49:56some of the big lessons you've learned
  3607. 1:49:57over the years? You get some great
  3608. 1:49:58advice. The interview question I think
  3609. 1:50:00is so simplistic in nature and it's
  3610. 1:50:02amazing just like what are the brands
  3611. 1:50:03you're consuming and why? Who do you
  3612. 1:50:04think is winning? I love that. What have
  3613. 1:50:06you learned over the last I don't know
  3614. 1:50:07seven, eight years on just hiring and
  3615. 1:50:08firing? Anything big that you can pass
  3616. 1:50:10on to the young generation?
  3617. 1:50:11>> You need to hire entrepreneurs and to me
  3618. 1:50:15an entrepreneur is somebody who truly
  3619. 1:50:17just wants to better themsel at all
  3620. 1:50:19costs and they are they they treat
  3621. 1:50:21themselves as their own company. So that
  3622. 1:50:23person first and foremost wants
  3623. 1:50:25responsibility and wants ownership. They
  3624. 1:50:27would rather a harder job that they can
  3625. 1:50:29own and put their name on than an easy
  3626. 1:50:32clock in clockout responsibility. I
  3627. 1:50:34don't want anyone who's a nineto-fiver
  3628. 1:50:36clocking in clocking out and just wants
  3629. 1:50:37the easier task. But it's also somebody
  3630. 1:50:39who because they are obsessed with
  3631. 1:50:42self-development and improving their
  3632. 1:50:44skills. When the business grows, and
  3633. 1:50:47we've had to do this many times, when
  3634. 1:50:49the business grows, if somebody's a
  3635. 1:50:50leader in a department and they are no
  3636. 1:50:52longer the right person to be a leader
  3637. 1:50:54in their that department, but they are
  3638. 1:50:56talented, they are excited about the
  3639. 1:50:59idea of me bringing in somebody on top
  3640. 1:51:01of them. And that has been I've been
  3641. 1:51:04shocked at the feedback that I've been
  3642. 1:51:05able to get from 99% of our team members
  3643. 1:51:07when I say, "Hey, I need to put somebody
  3644. 1:51:09on top of you who's been here before,
  3645. 1:51:11who I think is higher qualified for
  3646. 1:51:12where we're going." And every time they
  3647. 1:51:15go, please I would love that like I can
  3648. 1:51:17learn from them.
  3649. 1:51:18>> Those are killers that say that they
  3650. 1:51:19have the growth mindset and they have
  3651. 1:51:21the wrong game 100%. And they just want
  3652. 1:51:23they treat themselves as a company and
  3653. 1:51:24they know that's what's best for
  3654. 1:51:25themselves and they want what's the best
  3655. 1:51:27for Bloom.
  3656. 1:51:28>> I love that. Yeah. Curious and growth
  3657. 1:51:30mindset people that are on their own
  3658. 1:51:32time
  3659. 1:51:32>> which is crazy because like you would
  3660. 1:51:33think like the average human ego would
  3661. 1:51:35say like I just want to show on LinkedIn
  3662. 1:51:37that I lead this department,
  3663. 1:51:39>> right?
  3664. 1:51:39>> Yeah. I don't think I don't think we
  3665. 1:51:40live in that world anymore. Skills
  3666. 1:51:42economy.
  3667. 1:51:42>> Yeah.
  3668. 1:51:43>> LinkedIn. LinkedIn's done. Looking back,
  3669. 1:51:44what's the one thing you've kind of
  3670. 1:51:46learned about yourself as a leader in
  3671. 1:51:48the last year? Let's just say everybody
  3672. 1:51:51who directly reports to me at this point
  3673. 1:51:54at Bloom and in the last couple years is
  3674. 1:51:56better than me at that vertical,
  3675. 1:52:00which in turn means that I am the worst
  3676. 1:52:03person on the leadership team at any at
  3677. 1:52:06any person specific vertical. Right? So
  3678. 1:52:12generally I am not the right person to
  3679. 1:52:14make a decision on a specific topic. I
  3680. 1:52:16have somebody who's better than me at
  3681. 1:52:18that specific topic. My job at the as
  3682. 1:52:20the leader is to make sure they are in
  3683. 1:52:21an environment where they can thrive. So
  3684. 1:52:25I'm more than happy to make sure we have
  3685. 1:52:27a beautiful catered lunch. It can get as
  3686. 1:52:28simple as that. I'm more than happy to
  3687. 1:52:30make sure like I have a personal therapy
  3688. 1:52:32session with that person to make sure
  3689. 1:52:33they feel heard and that communication
  3690. 1:52:35is healthy and there's no drama within
  3691. 1:52:38the team which is very rare at Bloom. So
  3692. 1:52:40just making sure that I am letting the
  3693. 1:52:42top tier talent that we've been able to
  3694. 1:52:44acquire thrive is my job now as the CEO.
  3695. 1:52:48It is not necessarily
  3696. 1:52:50impacting small decisions of the
  3697. 1:52:51day-to-day.
  3698. 1:52:54>> It's a good answer.
  3699. 1:52:55>> Okay.
  3700. 1:52:55>> No ego. That's you weren't thinking that
  3701. 1:52:57like two years ago.
  3702. 1:52:58>> No. No. I used to well I probably was
  3703. 1:53:00one of the best people on the entire
  3704. 1:53:02team, right? Because I was only able to
  3705. 1:53:04hire people in the beginning who were
  3706. 1:53:05worse than me.
  3707. 1:53:06>> Yeah.
  3708. 1:53:06>> And so I was just able to delegate most
  3709. 1:53:08of my tasks to that person to free up
  3710. 1:53:10some of my mind share. But at this point
  3711. 1:53:12it's like everyone on the leadership
  3712. 1:53:14team is truly better than me at their
  3713. 1:53:16vertical. Like way better. Yeah. I feel
  3714. 1:53:19like hiring the right people, setting
  3715. 1:53:20the vision, making sure the lights are
  3716. 1:53:21on, that's your job.
  3717. 1:53:23>> All right, last little thing before we
  3718. 1:53:24get into Quick Strike. You told me this
  3719. 1:53:26yesterday. This [ __ ] was mindblowing.
  3720. 1:53:29What happened with the cartel? What h
  3721. 1:53:30what happened what what happened on a on
  3722. 1:53:32Christmas day in 2022. Give us give us
  3723. 1:53:34the whole entire story.
  3724. 1:53:35>> All right. So, I mentioned I mentioned
  3725. 1:53:37not going to Christmas for like four or
  3726. 1:53:38five years.
  3727. 1:53:39>> Yeah.
  3728. 1:53:39>> And then the first year that we could go
  3729. 1:53:41back for Christmas.
  3730. 1:53:43>> It's beautiful moment, right? Like Mari
  3731. 1:53:44and I are with our family. It's
  3732. 1:53:46Christmas Day. This might have been like
  3733. 1:53:47one of the first real Levecia
  3734. 1:53:50Christmases that my wife could enjoy.
  3735. 1:53:51And like my Italian Christmas is [ __ ]
  3736. 1:53:53hysterical. Like there's more ricotta
  3737. 1:53:55than there is water on the table. And so
  3738. 1:53:58so you know I get a call we're halfway
  3739. 1:54:00through Christmas that four 18-wheelers
  3740. 1:54:03full of greens product. This is still
  3741. 1:54:05when we were bootstrap brand. We had no
  3742. 1:54:07strategic partners. Like this was all
  3743. 1:54:08going to fall on me. Four 18-wheers of
  3744. 1:54:11greens product were headed to our number
  3745. 1:54:12one retailer or what was going to be our
  3746. 1:54:14number one retailer for a January 1st
  3747. 1:54:16launch. And so that means that we now
  3748. 1:54:18had four days to figure that out cuz
  3749. 1:54:20it's supposed to be at the stores in 4
  3750. 1:54:21days. And we had no idea where three and
  3751. 1:54:25a half million dollars worth of product
  3752. 1:54:27were sitting. And that was our cost,
  3753. 1:54:28which was a astronomical amount of money
  3754. 1:54:30for me at the time. I think we were able
  3755. 1:54:33to locate one of the trucks, which was
  3756. 1:54:35great. We recovered that product, but
  3757. 1:54:37there were still three trucks out into
  3758. 1:54:38the out into the wilderness, out into
  3759. 1:54:39the dark abyss, and we see a random
  3760. 1:54:43third party seller pop up on Amazon 2
  3761. 1:54:45days later. And my head of Amazon, who's
  3762. 1:54:47a [ __ ] savage, orders the product and
  3763. 1:54:50realizes, "Yeah, this was the product
  3764. 1:54:51that was that was specifically made for
  3765. 1:54:53that retailer. We know that this is not
  3766. 1:54:55supposed to be sold on Amazon or
  3767. 1:54:56anywhere else. This is the stolen
  3768. 1:54:57goods." We get them kicked off of
  3769. 1:55:00Amazon. Shout out to Amazon for handling
  3770. 1:55:01this with us. It pops up the next day.
  3771. 1:55:04It's under a person's name. It was like
  3772. 1:55:06Raul something. And
  3773. 1:55:08>> damn, Raul's a gangster. Real name. He
  3774. 1:55:10put he because because his company got
  3775. 1:55:12kicked off. He probably didn't think
  3776. 1:55:13anything of it. So, he just started
  3777. 1:55:14selling it under his real name with an
  3778. 1:55:16address. The address is 10 miles from
  3779. 1:55:20our headquarters in Los Angeles. my head
  3780. 1:55:22of Amazon, Alex, in his his bright red
  3781. 1:55:27C63 AMG Mercedes, and drives over to
  3782. 1:55:30this this warehouse, which is just an
  3783. 1:55:34opened chainlink fence block, you know,
  3784. 1:55:37around the perimeter, no ceiling on top,
  3785. 1:55:40just tarp on top of product. and he's
  3786. 1:55:42looking through the fence and he sees
  3787. 1:55:44Clorox bottles, you know, Ninja
  3788. 1:55:46blenders, protein powders from Orane,
  3789. 1:55:48Bloom Green, all this clearly stolen CPG
  3790. 1:55:51products that he's selling on Amazon.
  3791. 1:55:54And this [ __ ] psycho climbs the fence
  3792. 1:55:56with his iPhone and starts filming all
  3793. 1:55:58of these products and he's going and
  3794. 1:56:00he's like, you know, reporting back your
  3795. 1:56:02guy. And I didn't even ask him to go, by
  3796. 1:56:04the way. I didn't ask him to go. I
  3797. 1:56:06actually like probably realized this
  3798. 1:56:07once he had already once I'll tell you
  3799. 1:56:09once I realized. So,
  3800. 1:56:12>> doesn't sound safe.
  3801. 1:56:12>> So, he's leaving the warehouse and he's
  3802. 1:56:14sitting in his car and this badass
  3803. 1:56:18pickup truck, as he explains it, pulls
  3804. 1:56:19up to behind him with the license plate,
  3805. 1:56:21Raul, and comes up to the window and
  3806. 1:56:24goes, "Who the [ __ ] are you?" And my
  3807. 1:56:25head of Amazon goes, "I'm the guy you
  3808. 1:56:27just stole our [ __ ] from." And like
  3809. 1:56:29skirts off in his AMG. This is like so
  3810. 1:56:31funny if you know who I'm talking about.
  3811. 1:56:32>> Well, did you did you go Did he go
  3812. 1:56:34straight this? Is he putting on like a
  3813. 1:56:35bulletproof vest or something? This is
  3814. 1:56:36This is risky.
  3815. 1:56:37>> This is insanely risky. And by the way,
  3816. 1:56:39we end up looking up this guy's address
  3817. 1:56:40on Google Maps and it was like a $4
  3818. 1:56:41million house in Orange County. There's
  3819. 1:56:43like a Porsche in the driveway of this
  3820. 1:56:45guy had been running this operation for
  3821. 1:56:46a minute. We look up his [ __ ]
  3822. 1:56:48fugitive record and he had been to jail
  3823. 1:56:50many times for like, you know, violent
  3824. 1:56:51assault, like the whole deal. And
  3825. 1:56:54>> he gets into a car chase with this guy,
  3826. 1:56:56ends up escaping. Shout out to the AMGs.
  3827. 1:56:58And and gets back to the headquarters
  3828. 1:57:00and is just and just we had just
  3829. 1:57:02uncovered like, you know, this $3
  3830. 1:57:04million of product that massive ring.
  3831. 1:57:06This is like
  3832. 1:57:06>> a massive ring. a massive ring. To be
  3833. 1:57:09completely transparent, the California
  3834. 1:57:10law enforcement was incredibly unhelpful
  3835. 1:57:12with this situation. In fact, like
  3836. 1:57:14>> not surprising,
  3837. 1:57:15>> did not even respond to our calls, end
  3838. 1:57:17up needing to get, you know, national
  3839. 1:57:19FBI involved.
  3840. 1:57:20>> What do you do? You call 911 and then
  3841. 1:57:22you
  3842. 1:57:22>> Yeah, you just keep on calling until you
  3843. 1:57:24like meet a guy who knows someone at the
  3844. 1:57:25FBI and that's who ends up helping you.
  3845. 1:57:27And of course, this ended up taking
  3846. 1:57:28months. So, he was able to like clean up
  3847. 1:57:30half of the operation by the time we
  3848. 1:57:31were able to have a sting. But anyway,
  3849. 1:57:33dude, this was like this just like sums
  3850. 1:57:35up like the one chance we could finally
  3851. 1:57:37go back to the holidays with the family.
  3852. 1:57:38Like there's a massive cartel operation,
  3853. 1:57:40you know, abusing our Amazon.
  3854. 1:57:42>> It's all on you, bro. All the
  3855. 1:57:43responsibilities on you.
  3856. 1:57:44>> Yeah.
  3857. 1:57:44>> Drop of a hat. What happened with the
  3858. 1:57:46retailer?
  3859. 1:57:48>> They they should understand.
  3860. 1:57:49>> Come on, baby.
  3861. 1:57:50>> Dude, they should, but they shouldn't,
  3862. 1:57:52right? Like, we should have made Yeah.
  3863. 1:57:55Like I I'm really objective with that
  3864. 1:57:56stuff. And so Yeah. Now we always
  3865. 1:57:58overproduce and they were super [ __ ]
  3866. 1:58:01pissed.
  3867. 1:58:02Damn,
  3868. 1:58:04I don't even know what to say to that.
  3869. 1:58:06This is this is a very real thing. This
  3870. 1:58:07is why third party sellers, especially
  3871. 1:58:09on consumables, on e-commerce channels,
  3872. 1:58:11is like a super high-risisk thing. Like
  3873. 1:58:13you don't know where it necessarily
  3874. 1:58:14came, which is why like we're very proud
  3875. 1:58:16now to own the seller relationships with
  3876. 1:58:19these businesses. Like our energy drink,
  3877. 1:58:21we sell directly to Amazon and they sell
  3878. 1:58:23it on Amazon and so we own that
  3879. 1:58:25relationship.
  3880. 1:58:27>> No middleman. Love it. I'm going to fire
  3881. 1:58:29away tons and tons of questions here
  3882. 1:58:31with Quickstrike. Brace yourself. Your
  3883. 1:58:34son, 3 months old, Kai, what's the uh
  3884. 1:58:37thing about fatherhood that caught you
  3885. 1:58:39off guard? I I've never felt like
  3886. 1:58:41there's not enough time in the day more
  3887. 1:58:43than there's right now. I'm trying to
  3888. 1:58:44chip away at just my sleep hours and
  3889. 1:58:47hopefully give those hours to Kai. But
  3890. 1:58:50it's been incredible, man. And it's
  3891. 1:58:51completely changed how I think about
  3892. 1:58:53everything that I'm building and working
  3893. 1:58:55on. I I I realized quickly that
  3894. 1:58:59what I am going to pass down to him, the
  3895. 1:59:02the any type of like monetary pass down
  3896. 1:59:05will almost serve him no justice and
  3897. 1:59:07potentially be a disservice to him. And
  3898. 1:59:11the greatest thing that I can try to do
  3899. 1:59:12is just one lead by example and be the
  3900. 1:59:15man that he has memories seeing on how
  3901. 1:59:17to be a man. But
  3902. 1:59:19the the wisdom and lessons that I can
  3903. 1:59:21make sure he experiences in his life are
  3904. 1:59:23like the greatest inheritance that I can
  3905. 1:59:25ever ever build. So prior to having a
  3906. 1:59:27son, like I was obsessed with the idea
  3907. 1:59:28of like leaving this massive trust to my
  3908. 1:59:30offspring and like that's how I'll make
  3909. 1:59:32sure we're generation proof. And it's
  3910. 1:59:34like [ __ ] that. All these rich kids are
  3911. 1:59:35are [ __ ] So it's like I [laughter]
  3912. 1:59:37got to I got to make sure all I pass
  3913. 1:59:38down is is is wisdom and lessons and an
  3914. 1:59:40example.
  3915. 1:59:42Love it. Most expensive thing you own
  3916. 1:59:44that you actually use every day?
  3917. 1:59:46[laughter]
  3918. 1:59:46that you use every day?
  3919. 1:59:48>> Yeah, every day. I mean, my house is
  3920. 1:59:50[ __ ] I think I think my I have a
  3921. 1:59:52Mercedes that's like a little It's
  3922. 1:59:54probably 750,000 that I drive at least
  3923. 1:59:56every week.
  3924. 1:59:57>> Yeah,
  3925. 1:59:58>> it's life flex.
  3926. 1:59:59>> Yeah, [laughter]
  3927. 2:00:00750.
  3928. 2:00:01>> Yeah, but dude, I bought it for less and
  3929. 2:00:02it's been going it's been going crazy on
  3930. 2:00:04the market, but I'm an [ __ ] and I
  3931. 2:00:06modified the hell out of it. So, I don't
  3932. 2:00:07know if that ruined the value, but I but
  3933. 2:00:09what's crazy is like the value was like
  3934. 2:00:11a million before it hit 5,000 miles on
  3935. 2:00:13the odometer. And the other day on my
  3936. 2:00:15way to work, I passed 5,000 miles and I
  3937. 2:00:17was like, "Wow, that was a $100,000
  3938. 2:00:18drive to work."
  3939. 2:00:21>> I just had a lot of fun negotiating for
  3940. 2:00:23for my car lease right now. Do you know
  3941. 2:00:24about like the the lease swapping? Do
  3942. 2:00:26you know about that game? Are you
  3943. 2:00:27>> If you're a year in and you can just
  3944. 2:00:29like upgrade your car,
  3945. 2:00:30>> my buddy told me about this. I'm done
  3946. 2:00:32with the traditional leases. Like you
  3947. 2:00:34could just go on someone could have 15
  3948. 2:00:36months left and just hit them with like
  3949. 2:00:38a 50% off lowball. They're going to come
  3950. 2:00:40back in a month later and you just
  3951. 2:00:42>> because they get the commission for
  3952. 2:00:43those transactions.
  3953. 2:00:44>> No, no. I'm talking about you're going
  3954. 2:00:45to the end user. Like you have a car and
  3955. 2:00:47there's 18 months left on your lease and
  3956. 2:00:49I just go to you and it's $1,000 a
  3957. 2:00:50month. You say, "Hey, $500. Let me take
  3958. 2:00:51over the rest. 500 a month."
  3959. 2:00:52>> Wow.
  3960. 2:00:53>> Yeah. I was thought I was flexing cuz I
  3961. 2:00:54had this whole like massive negotiation
  3962. 2:00:56with Mercedes and I absolutely love
  3963. 2:00:58that. And my friend's like, "Yo, you're
  3964. 2:00:59sleeping." Cuz he's had like 15 cars the
  3965. 2:01:01last five years. Yeah.
  3966. 2:01:02>> I'm like, "What is this racket that
  3967. 2:01:03you're running?" Yeah. He just keeps
  3968. 2:01:04getting like new BMWs and stuff,
  3969. 2:01:06>> dude. [ __ ] yeah. I think, you know,
  3970. 2:01:08going back to like the monetary [ __ ]
  3971. 2:01:10First of all, entrepreneurship is worth
  3972. 2:01:12it. Like money is freedom. There is no
  3973. 2:01:14doubt about it. Like you are going to be
  3974. 2:01:15able to do all of the things that
  3975. 2:01:17everyone said that you can't do, which
  3976. 2:01:18is kind of like sums up my whole life.
  3977. 2:01:19It's like I [ __ ] hate hated when
  3978. 2:01:21someone would tell me no. If I'm at a
  3979. 2:01:22restaurant and I'm ordering I mean Leo
  3980. 2:01:24can vouch for this. If I'm at a
  3981. 2:01:25restaurant and I'm ordering all of the
  3982. 2:01:26dishes that I want, which is generally
  3983. 2:01:28several dishes, [laughter]
  3984. 2:01:29and the waiter is like, "You've ordered
  3985. 2:01:31enough." And I'll I'll I'll want to
  3986. 2:01:33leave the restaurant. I won't. But like
  3987. 2:01:35that will that will like properly
  3988. 2:01:36trigger me. I hate when someone tells me
  3989. 2:01:39no or that I've done enough or that like
  3990. 2:01:41that's excessive.
  3991. 2:01:41>> You've done enough to be able to be be
  3992. 2:01:44excessive. [laughter]
  3993. 2:01:45And so I think money being freedom has
  3994. 2:01:48been the, you know, the greatest unlock
  3995. 2:01:50that it is. But like, you know, the the
  3996. 2:01:52best memories that I have with my wife
  3997. 2:01:54with travel are not any five-star hotel.
  3998. 2:01:57It's like literally us in a camper van.
  3999. 2:01:59And so the reality is is the funnest
  4000. 2:02:01things in life are like borderline
  4001. 2:02:04national parks like are [ __ ] free and
  4002. 2:02:08money is fun and awesome but the biggest
  4003. 2:02:10unlock is the freedom that it gives you
  4004. 2:02:12and entrepreneurship is very much worth
  4005. 2:02:15that goal. The freedom.
  4006. 2:02:18>> I agree. What's your benchmarks?
  4007. 2:02:21>> 3 380 on a good day based off of a test
  4008. 2:02:24I did a couple weeks ago. On a good day
  4009. 2:02:26I tore this.
  4010. 2:02:26>> We're gonna pop up some shreddy on that.
  4011. 2:02:28This guy does crazy crazy pull-ups with
  4012. 2:02:30the [ __ ]
  4013. 2:02:30>> try.
  4014. 2:02:31>> I'm pretty nice on pull-ups, but I see
  4015. 2:02:33you're doing like 40 lb weights.
  4016. 2:02:34>> Dude, I love the weighted pull-up. I
  4017. 2:02:36have I don't have any.
  4018. 2:02:37>> What's your max with no weights?
  4019. 2:02:39>> On a on a good day, I can get 25 real
  4020. 2:02:41pull-ups. Like good pull-ups.
  4021. 2:02:42>> I'm high teens.
  4022. 2:02:43>> Yeah, you got me,
  4023. 2:02:44>> dude. Breaking 20 was hard.
  4024. 2:02:46>> Breaking 20 was hard. I would say, dude,
  4025. 2:02:47fitness has been like everything for me.
  4026. 2:02:49Like, it is just like just because of
  4027. 2:02:50the routine and discipline that you need
  4028. 2:02:52to have like in your It's 24/7.
  4029. 2:02:54>> Yeah.
  4030. 2:02:54>> Right. So it's like you need it's not
  4031. 2:02:56just the workout, it's the meals you get
  4032. 2:02:57in, it's the recovery you get after. So
  4033. 2:02:59it's like me bringing those lessons over
  4034. 2:03:01to entrepreneurship I think has been
  4035. 2:03:03huge for my entrepreneurship. And it's
  4036. 2:03:05like dude, I was so young starting this
  4037. 2:03:07journey that I couldn't walk in as some
  4038. 2:03:10like ungroomed fat 25year-old. Why would
  4039. 2:03:14anyone take me seriously? I didn't even
  4040. 2:03:15have like a product that was really
  4041. 2:03:16scaling yet. So, it's like if I wanted
  4042. 2:03:18to enter a room and demand respect, I
  4043. 2:03:20had to at least beat that more
  4044. 2:03:22successful person in fitness and in
  4045. 2:03:24health and have something over them,
  4046. 2:03:26right? So, I think it it got me a long
  4047. 2:03:28way in terms of like the the initial
  4048. 2:03:30reaction that people would give me when
  4049. 2:03:32I would enter a room. And it's it's, you
  4050. 2:03:34know, I don't have as much time for it
  4051. 2:03:35anymore or as as much as I did, but it's
  4052. 2:03:38still a huge passion of mine.
  4053. 2:03:40>> You're doing okay here. Yeah. I'm not a
  4054. 2:03:41huge I like some of his stuff. Her mozzy
  4055. 2:03:44his advice always younger people is just
  4056. 2:03:45get jacked first.
  4057. 2:03:46>> And I wish I would have started earlier
  4058. 2:03:48to have better muscle muscle memory cuz
  4059. 2:03:49I had to put in like a long a long time
  4060. 2:03:52in like my early 30s to just get a base.
  4061. 2:03:54So starting early is definitely worth
  4062. 2:03:56it.
  4063. 2:03:56>> Dude, getting jacked as your first goal.
  4064. 2:03:58It doesn't take that long and I think
  4065. 2:04:00that's great advice. I'm also going back
  4066. 2:04:02to like pride has ruined the greatest
  4067. 2:04:04men I know. Science is [ __ ] awesome
  4068. 2:04:06these days and there's a lot of guys
  4069. 2:04:08that are afraid to hop on TRT or afraid
  4070. 2:04:10to hop on the peptides or afraid to use
  4071. 2:04:12the best supplements and it's like these
  4072. 2:04:14things are [ __ ] awesome now. Like I
  4073. 2:04:16want to feel so [ __ ] good every day
  4074. 2:04:19and science is allowing that. It's been
  4075. 2:04:22it's been incredible.
  4076. 2:04:23>> What's the secret sauce? Give us a
  4077. 2:04:24secret peptide.
  4078. 2:04:25>> Dude, I run my TRT as you know anyone
  4079. 2:04:27else can. and I had to come off to have
  4080. 2:04:28the baby which was miserable but love
  4081. 2:04:30love my TRT and then dude I'll take BPC
  4082. 2:04:33BPC57 MC I'll take
  4083. 2:04:38TA1 for my immune system sometimes kind
  4084. 2:04:40of overreacts to some foods I don't know
  4085. 2:04:42I I'll dabble with whatever is kind of
  4086. 2:04:44like you know my goals at the time but
  4087. 2:04:46I'm always changing them up I don't like
  4088. 2:04:47run the same thing forever
  4089. 2:04:48>> personal question for me I was thinking
  4090. 2:04:50about potentially going a little micro
  4091. 2:04:52dose on test but then I'm going to have
  4092. 2:04:53to around the corner I'm going to have
  4093. 2:04:55babies
  4094. 2:04:55>> freeze that [ __ ]
  4095. 2:04:56>> freeze first and then just rock the
  4096. 2:04:58test.
  4097. 2:04:59>> Dude, freeze sperm or my wife and I
  4098. 2:05:01ended up needing to do IVF, which is
  4099. 2:05:02really cool cuz now we have like more
  4100. 2:05:04embryos frozen that are already
  4101. 2:05:05fertilized. But what we did when our
  4102. 2:05:07baby was born was we took her placenta
  4103. 2:05:10and I ran it out of the hospital to my
  4104. 2:05:12executive assistant in the parking lot
  4105. 2:05:14at 2:00 a.m. in the morning and she gave
  4106. 2:05:16it to a courier who drove it to Houston
  4107. 2:05:18and brought it to like this stem cell
  4108. 2:05:21exoome lab. And now we have a Creole
  4109. 2:05:24freezer, which also has my sperm just in
  4110. 2:05:27case. But a creole freezer full of like
  4111. 2:05:30top tier DNA one:1 match stem cells and
  4112. 2:05:34exoomes that we've been able to get like
  4113. 2:05:36IV drips. I'll like put it in my hair to
  4114. 2:05:38make sure my hair is not falling out.
  4115. 2:05:40Like I'll I'll vape that [ __ ] Like it's
  4116. 2:05:42it's pretty crazy, bro.
  4117. 2:05:44>> Stem cells are cool.
  4118. 2:05:45>> How bad was the come down on having to
  4119. 2:05:47get off test to do that? And what what
  4120. 2:05:49was that window? And could you like
  4121. 2:05:50fully not function? Like what was it
  4122. 2:05:51like? This is for the guys out there.
  4123. 2:05:52This is some this is some free game.
  4124. 2:05:54>> It was 8 to 12 months. And the general
  4125. 2:05:56protocol is you come off for me for us
  4126. 2:05:58to have a baby, right? I was able to get
  4127. 2:06:00the sperm back probably in 4 to 6 months
  4128. 2:06:03at a quality level. And by the way, like
  4129. 2:06:05when you don't have sperm, like you're
  4130. 2:06:06still like you're still ejaculating, you
  4131. 2:06:08know what I mean? Like, so you don't
  4132. 2:06:09know if you don't have sperm. It's not
  4133. 2:06:10like you're just like dry busting.
  4134. 2:06:13[laughter] So
  4135. 2:06:13>> I just took a sperm test with somebody
  4136. 2:06:14called Fellow.
  4137. 2:06:15>> Yeah. Yeah. Yeah. Yeah. I've done
  4138. 2:06:17[ __ ]
  4139. 2:06:17>> Shout out Fellow, baby. That's a good
  4140. 2:06:19one. Crazy. which is, you know,
  4141. 2:06:21hilarious, you know, transactional
  4142. 2:06:24jerkoff that you get to go experience,
  4143. 2:06:25but you you it took probably four to six
  4144. 2:06:29months to get the quality sperm back and
  4145. 2:06:31then cuz I had zero, right, when I was
  4146. 2:06:32running test
  4147. 2:06:33>> and then
  4148. 2:06:36>> the protocol that's generally given to
  4149. 2:06:38people is cheap and it's easy and it
  4150. 2:06:40works. It's hCG and Clomid. That's what
  4151. 2:06:42every doctor gives you. I was able to
  4152. 2:06:44get kind of this new more expensive
  4153. 2:06:46trial thing called RFSH
  4154. 2:06:49and then I paired that with the HCG. I
  4155. 2:06:52didn't do Clomid and dude my test was
  4156. 2:06:54still like
  4157. 2:06:56750. Like my test was fine. It felt like
  4158. 2:06:59more volatile.
  4159. 2:07:01>> Yeah, it felt like more of I mean now
  4160. 2:07:02I'm like, you know, over 1500. But
  4161. 2:07:04>> you serious?
  4162. 2:07:04>> Yeah, I'll keep it high, bro.
  4163. 2:07:05>> Damn.
  4164. 2:07:06>> I'll keep it high. But the
  4165. 2:07:08>> the the volatility was definitely there.
  4166. 2:07:11didn't feel like I was taking
  4167. 2:07:12testosterone, but like I didn't feel
  4168. 2:07:14like total dog [ __ ]
  4169. 2:07:16>> you know?
  4170. 2:07:17>> Yeah. So, check out RFSH. I think that's
  4171. 2:07:20what it's called.
  4172. 2:07:21>> What's up, guys? If you guys got this
  4173. 2:07:22far in the episode, I would assume that
  4174. 2:07:24you enjoyed it. If you got any value, it
  4175. 2:07:26would mean the world if you hit the
  4176. 2:07:28subscribe button, give it a like, post a
  4177. 2:07:30comment, [music] tell a friend. We could
  4178. 2:07:31keep going bigger, bigger guests, bigger
  4179. 2:07:33locations, more value. See you in the
  4180. 2:07:36next episode.

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