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The Genius Who Gets Celebrities to Promote His Brand For $0 w/ Ryan Chen — Transcript

by Sweat Equity · 8,722 words · 1,316 segments · language en · Watch on YouTube

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  1. 0:00For 2024, we were the fastest growing
  2. 0:02company on TikTok Shop. And then 2025,
  3. 0:04we had 5 billion impressions.
  4. 0:06>> Ryan Chen is the co-founder and CFO of
  5. 0:08Neuro Gum, one of the fastest growing
  6. 0:09supplement brands in the country. These
  7. 0:11guys have exploded over the last few
  8. 0:12years, popping off on Joe Rogan, Shark
  9. 0:14Tank, [music] and recently on TikTok
  10. 0:16Shop. He came on the show to talk about
  11. 0:18the spillover effect that brands
  12. 0:19experience from investing in a platform
  13. 0:21like TikTok Shop, how they're
  14. 0:22approaching retail, how they're changing
  15. 0:24their product packaging to stand out
  16. 0:26more on the shelf. But what I found
  17. 0:27fascinating was how Neuro Gum has been
  18. 0:29able to get their product in the hands
  19. 0:30of the rich and famous. [music] They're
  20. 0:31in with Mr. Beast, they're in with all
  21. 0:33these different celebrities and athletes
  22. 0:34like Andrew Schulz. And Ryan gave us
  23. 0:36their entire playbook on how they've
  24. 0:37accomplished that, starting with this
  25. 0:38story.
  26. 0:42>> [music]
  27. 0:44>> So tell us about this Mr. Beast video.
  28. 0:45>> Yeah, man. So Sunday, we have our first
  29. 0:48video coming out with Mr. Beast
  30. 0:50Philanthropy in a new year. So really
  31. 0:52excited. So we got to sponsor
  32. 0:55basically this like whole mobile medical
  33. 0:57clinic, uh which came out of Texas A&M.
  34. 1:00Uh and so Beast Philanthropy, I don't
  35. 1:02know if you guys know how it works, but
  36. 1:03they donate 100% of the proceeds that
  37. 1:05they raise to the philanthropy that they
  38. 1:07partner with.
  39. 1:07>> Yeah.
  40. 1:08>> So we got super lucky.
  41. 1:10I'll kind of give you the backstory, but
  42. 1:122 years ago, I got to be a part of a
  43. 1:15Beast Philanthropy video for adaptive
  44. 1:17athletes. So
  45. 1:19I got into a spinal cord injury
  46. 1:2117 years ago when I was 19 and broke my
  47. 1:24back. I was paralyzed from the waist
  48. 1:25down. And you know,
  49. 1:28through the grace of a lot of amazing
  50. 1:30nonprofits, got into like wheelchair
  51. 1:31racing,
  52. 1:32trained with the US Paralympic team, and
  53. 1:34that was kind of like one of the genesis
  54. 1:36of like when Kit was sharing supplements
  55. 1:37to create Neuro. But
  56. 1:40yeah, got invited to be a part of that
  57. 1:41video, saw firsthand what Beast
  58. 1:43Philanthropy was doing, supporting all
  59. 1:45these like smaller nonprofits that might
  60. 1:47not get the light of day. And we're
  61. 1:49like, how do we how do we work with
  62. 1:50Beast? Like how do we donate back to
  63. 1:52something like this? And so through this
  64. 1:54roundabout like roundabout way,
  65. 1:57one of our investors, Jared Smith, the
  66. 1:58co-founder of RXBAR,
  67. 2:00his president was a guy named Jim
  68. 2:02Murray, who is the co-founder of
  69. 2:03Feastables with Mr. Beast. And so Jim
  70. 2:06connected me with the president of the
  71. 2:07YouTube at the time, connected me to
  72. 2:10the guy named Darren, who was the head
  73. 2:12of philanthropy. And then we connected
  74. 2:14and we're just like, how do we give back
  75. 2:16and donate to you guys? And fast forward
  76. 2:182 years, now we got this cool cool
  77. 2:20partnership and then we're the sponsor
  78. 2:22first.
  79. 2:23>> With something like this,
  80. 2:24working with Mr. Beast on a video, do
  81. 2:26you get to think about the creative
  82. 2:28process with him or is it almost like
  83. 2:30very hands-off
  84. 2:31and he he runs with like the ideation
  85. 2:33process, conceptualize and everything?
  86. 2:35>> It's crazy cuz they have a pipeline of
  87. 2:37probably like 10 videos that they're
  88. 2:39working like on concurrently. So they'll
  89. 2:41give us a list of like, hey, we're
  90. 2:43thinking about sponsoring this
  91. 2:44philanthropy or this philanthropy, like
  92. 2:45which one kind of resonates with you
  93. 2:47guys the most? And we're like, this
  94. 2:48mobile medical like unit using like old
  95. 2:51shipping containers sounds really cool.
  96. 2:53Like, how do we partner with that? And
  97. 2:55so, well, you know, we'll give Jimmy and
  98. 2:58the team a bunch of things that we want
  99. 3:00to talk about for Neuro as a kind of the
  100. 3:01shout-out as like one of the sponsors
  101. 3:03and we just let let them rip. So we
  102. 3:06haven't even seen the final cut or copy.
  103. 3:08We've seen some like snippets of it, but
  104. 3:10the video drops this Sunday.
  105. 3:12>> What's the what's the CPM on a Mr. Beast
  106. 3:14video?
  107. 3:14>> I don't even know. So I think
  108. 3:16>> [laughter]
  109. 3:16>> So I got a deck recently and this stat
  110. 3:19is insane. So Mr. Beast in the last 90
  111. 3:22days has reached 1.4 million unique
  112. 3:25people. That's like 15% of the world's
  113. 3:27population.
  114. 3:28>> Brilliant.
  115. 3:28>> 1.4 billion.
  116. 3:30>> 1.4 billion, yeah.
  117. 3:30>> And I mean, that number just like almost
  118. 3:33like is hard to comprehend, but 1.4
  119. 3:35billion
  120. 3:36unique people have been reached in the
  121. 3:38last 90 days. So he's like 450 million
  122. 3:41subscribers on YouTube and then the
  123. 3:42philanthropy is like maybe 30, but right
  124. 3:44now they're trying to get the
  125. 3:45philanthropy to get more eyeballs. And
  126. 3:47so Jimmy and the team has made a big
  127. 3:49effort to kind of combine that under one
  128. 3:51team. So, I mean, we're very fortunate
  129. 3:54because philanthropy has been a big part
  130. 3:56of our mission statement for Neuro. And
  131. 3:58then now to partner with probably the
  132. 3:59most viral like philanthropy in the
  133. 4:02world is incredible.
  134. 4:02>> of like the ultimate brand marketing
  135. 4:04play. I mean, you're just hoping this
  136. 4:06video goes mega viral, a bunch of people
  137. 4:08see Neuro gum. Like, how are you
  138. 4:09evaluating the success of the video? I
  139. 4:11mean, assuming that it's not just a pure
  140. 4:13passion play.
  141. 4:14>> Yeah, I think I think part of the like
  142. 4:16the idea is that if this video gets, you
  143. 4:18know, 10 15 million views and we
  144. 4:20calculate that by impression. But we're
  145. 4:22also doing this really cool
  146. 4:23collaboration and you guys could
  147. 4:24probably sniff it. But it's a Beast
  148. 4:26Philanthropy tin x Neuro. There's two
  149. 4:28variations on it and it's like a
  150. 4:30thumbprint and like kind of a wave. This
  151. 4:31idea is like, you know, your action has
  152. 4:35like a ripple effect on the things
  153. 4:36around you. And it's similar to like
  154. 4:38Beast Philanthropy's like philosophy on
  155. 4:41the giving back. And so, all the
  156. 4:43proceeds for those tins go to the
  157. 4:44Philanthropy. So, we'll sell the tins
  158. 4:46for like $6 and our goal is to raise,
  159. 4:49you know, half a million dollars or
  160. 4:50more. So, we've committed to the half a
  161. 4:52million and we just want to capture as
  162. 4:53much upside as possible.
  163. 4:54>> that's awesome. And so, this isn't your
  164. 4:56first big partnership. I mean, obviously
  165. 4:58you guys have worked with, you know,
  166. 4:59people like Joe Rogan. There's a bunch
  167. 5:01of athletes that, you know,
  168. 5:03>> worked with Joe Rogan.
  169. 5:04>> sorry.
  170. 5:05>> [laughter]
  171. 5:05>> Joe Rogan has
  172. 5:06>> He just loves the product, which is like
  173. 5:07the best case scenario.
  174. 5:08>> Yeah, yeah. You've actually had a better
  175. 5:09outcome there for Joe Rogan just loves
  176. 5:11the product. But like, how do you guys,
  177. 5:13um, I think you've done an excellent job
  178. 5:15partnering celebrities, influencers,
  179. 5:16thought leaders, stuff like that. How do
  180. 5:18you all approach these partnerships?
  181. 5:19Like, find people? How do you kind of
  182. 5:21structure the deal? That sort of thing.
  183. 5:22>> I mean, one, I wrote Rogan definitely
  184. 5:24doesn't know who we are as the founders,
  185. 5:26but he loves the brand. And the first
  186. 5:29time he had dropped Neuro was February
  187. 5:322020, like right before like like the
  188. 5:34world shut down. And we had seeded him
  189. 5:37product back in I think November 2019
  190. 5:40through our buddy John Beer who started
  191. 5:41Jack Taylor PR.
  192. 5:43And we sent a bunch of product out
  193. 5:44there, you know, crickets like November,
  194. 5:46December, Jan. Or like well, I mean it's
  195. 5:48Rogan he's probably getting millions of
  196. 5:50stuff every day. There's like no way
  197. 5:51he's going to get
  198. 5:51>> is literally just full of like venison
  199. 5:53and then like random products.
  200. 5:55>> [laughter]
  201. 5:56>> And somehow I think he started taking it
  202. 5:58and he just dropped us like on the
  203. 6:00podcast with Dr. Rhonda Patrick and I
  204. 6:02just remember my phone blowing up and
  205. 6:04getting all these text messages like
  206. 6:05dude just Rogan just dropped you on the
  207. 6:07podcast and you just see immediately
  208. 6:09like the
  209. 6:09>> saying what do the analytics look like
  210. 6:11after something like
  211. 6:12>> I think like at at the time like we were
  212. 6:14averaging
  213. 6:155, 10 grand on Amazon a day we were like
  214. 6:18hitting like 7,500 grand days post like
  215. 6:21that drop.
  216. 6:23And it was never it wasn't even like
  217. 6:24here click a link below or use Rogan 20
  218. 6:27for a discount. It was just mentioning
  219. 6:28that name
  220. 6:29and that's just the power of like how
  221. 6:31big his platform is.
  222. 6:33>> So what's more powerful a Shark Tank
  223. 6:34shoutout or a Joe Rogan shoutout?
  224. 6:36>> Rogan shoutout for sure. So when we did
  225. 6:38Shark Tank it was we filmed it September
  226. 6:412019 and then we aired April 2020. So it
  227. 6:44was like right around like 2 months
  228. 6:46before the Rogan
  229. 6:47and Shark Tank was great. I think we
  230. 6:49made like a million bucks in the first
  231. 6:50like week, week and a half post airing
  232. 6:53and we'd got two offers but we rejected.
  233. 6:55So like I can go into like the the
  234. 6:58analytics of like what it is.
  235. 6:59>> the TikTok clip 50 million times.
  236. 7:01>> [laughter]
  237. 7:02>> But we were lucky that we still aired
  238. 7:04because if you don't take a you know, a
  239. 7:06deal on camera you're less likely to
  240. 7:08actually air on on the show. So we kind
  241. 7:10of just played like
  242. 7:12you know, the scenarios in our head and
  243. 7:14we're like you know what we don't want
  244. 7:15to just take a deal on camera and kill
  245. 7:16it and do due diligence like we want to
  246. 7:18be honest of like the valuation. We're
  247. 7:19just like we can't take it that low.
  248. 7:21But Shark Tank was like about a million
  249. 7:23change and then you know, using the
  250. 7:26clips but the Rogan Rogan effect is like
  251. 7:29orders of magnitude bigger.
  252. 7:30>> Yeah, that's crazy. That's insane. I
  253. 7:32mean it just kind of goes to show too
  254. 7:33like these traditional
  255. 7:35media publications, whatever they might
  256. 7:37be are just dwarfed in popularity by
  257. 7:40what's organic, right? Like a creator on
  258. 7:43YouTube, the new media is just so much
  259. 7:44more powerful.
  260. 7:45>> you look at Jimmy and Mr. Beast, that's
  261. 7:47the platform. Like instead of CNN, BBC,
  262. 7:49Fox, whatever, people are following
  263. 7:51their creators that they they want. So,
  264. 7:53they have the share voice. And so, I
  265. 7:56think when we look at partnerships, you
  266. 7:57know, we just kept sending Rogan
  267. 7:59product. We sent him like this huge Pez
  268. 8:01dispenser of his head that spits out
  269. 8:02Paxil and Rogaine. But we just try to
  270. 8:05find partners that one love the brand
  271. 8:06and that's like the absolute bare
  272. 8:08minimum requirement. We don't want to
  273. 8:10work with anybody that doesn't know
  274. 8:11about the brand or doesn't take it cuz I
  275. 8:13don't want to force a partner be like,
  276. 8:15"Hey, I'm going to write you a check and
  277. 8:17I want you to talk about XYZ. I want you
  278. 8:19to take it organically and then you tell
  279. 8:21me how it works for you." And then that
  280. 8:22makes for great content.
  281. 8:24>> When you're trying to develop these
  282. 8:25partnerships and you're trying to seed
  283. 8:26some of these bigger A-list celebrities,
  284. 8:29how are you thinking about getting in
  285. 8:30front of them? Like you said you got in
  286. 8:32front of you got to Rogan through Is it
  287. 8:34John Beer?
  288. 8:35>> Yeah.
  289. 8:36>> Or John Beer like
  290. 8:37how are you getting in front of then Mr.
  291. 8:39Beast or the other kind of big players
  292. 8:40in the game cuz it's it's not easy to
  293. 8:42get in front of those individuals and
  294. 8:44you also have to stand out on top of
  295. 8:46that.
  296. 8:46>> I think so many of these relationships
  297. 8:47are a gatekeep gatekept, right? It's
  298. 8:49like, how do you even get to Rogan? And
  299. 8:51it was just John had the relationship
  300. 8:53with like Jamie and the producer
  301. 8:55had an address to send it to and and
  302. 8:57like through luck and, you know, enough
  303. 9:00perseverance like we got through.
  304. 9:02Uh and we were just with Mr. Beast in
  305. 9:04Ghana like last month. So, we were there
  306. 9:06for like 3 days, spent some quality time
  307. 9:08with him telling him about more about
  308. 9:09the brand, what we wanted to do, how we
  309. 9:11want to be a part of this philanthropy.
  310. 9:13And now we're like doubling down and
  311. 9:14like we're increasing like what we're
  312. 9:16donating from half a million to like
  313. 9:18millions and going to the philanthropy.
  314. 9:20So, we're very committed because I think
  315. 9:23once we saw firsthand like this is the
  316. 9:25real deal. Like he's like sleeping in
  317. 9:27the car, you know, like Jimmy's not
  318. 9:29staying at the five-star hotel. He's
  319. 9:30like, "I'm going to I I'm going to drive
  320. 9:32out 6 hours round trip. I'm just going
  321. 9:33to sleep in the car tonight."
  322. 9:35And his team around him was like there's
  323. 9:37like 30 Like five of them stayed in the
  324. 9:39car.
  325. 9:40Filmed like some stuff on the sunset.
  326. 9:41I'm like, man, that's commitment. Like I
  327. 9:43I know I want to go home and shower.
  328. 9:44Like it's been a long day.
  329. 9:47Um but I just have massive respect for
  330. 9:49his work ethic. And so I think just
  331. 9:51partnerships in general like we find the
  332. 9:52right partner and
  333. 9:54I don't know, just sheer will and just
  334. 9:57finding different angles to get there.
  335. 9:59And sometimes it's not just one degree
  336. 10:00of separation. It might be like two or
  337. 10:01three. But just
  338. 10:04figuring out the angle on being really
  339. 10:05honest and genuine. Like, hey, this is
  340. 10:07what we want to accomplish. We want to
  341. 10:08work with XYZ.
  342. 10:10Like, can you make that introduction?
  343. 10:11Or, you know, and
  344. 10:13luckily people pitch it in the way where
  345. 10:15we get their attention and
  346. 10:17um fortunately we get these amazing
  347. 10:19partnerships. So.
  348. 10:21>> I love to kind of talk more about like
  349. 10:22your brand journey in terms like the
  350. 10:24channels you've activated cuz it seems
  351. 10:26like you'll started D2C. Obviously you
  352. 10:28had Amazon. You had the Rogan shoutout.
  353. 10:30Had the Shark Tank shoutout. Were early
  354. 10:32on TikTok shop.
  355. 10:34>> Yeah.
  356. 10:34>> Proceeded to then get into retail and
  357. 10:36I'd love to just kind of hear from you
  358. 10:38like, okay, what were these revenue
  359. 10:39thresholds? Like what were those key
  360. 10:40levers that you pulled that really blew
  361. 10:43the brand up during that journey?
  362. 10:44>> Yeah. So, we started the company in
  363. 10:47September 2015. It's been like
  364. 10:4910 and a half years. We're going on 11.
  365. 10:51And we've always started with D2C. Like
  366. 10:53we I would say the first two or three
  367. 10:55years we didn't have any retailers. We
  368. 10:56had maybe some small like bodegas here
  369. 10:58and there. Our first big account was
  370. 11:00CVS, then Whole Foods.
  371. 11:02But even up until like last year, like
  372. 11:0490% of the business was between Amazon
  373. 11:06or website, TikTok shop. And then 10%
  374. 11:08was made up between like 20,000 doors.
  375. 11:10Like the CVS, Whole Foods, now Walmart.
  376. 11:13But this year, I think because we have
  377. 11:15enough brand awareness,
  378. 11:18now we're entering in like the
  379. 11:19discussions with the Walmarts, Costcos
  380. 11:21of the world, you know, Sam's Club,
  381. 11:247-Eleven.
  382. 11:25But no one I think would have taken us
  383. 11:27seriously because we're building this
  384. 11:29category. So, retailers were like,
  385. 11:31"Well, don't even know where to put
  386. 11:32you." Like CVS were like, "Uh we'll put
  387. 11:34you in the pharmacy like memory
  388. 11:35section." And 7-Eleven was like, "Oh,
  389. 11:38we'll put you kind of by checkout." But
  390. 11:40Walmart was like, "We'll put you in the
  391. 11:41candy and gum section." We're like, "No,
  392. 11:42we're a functional product. Like we need
  393. 11:44to either be in the supplement section
  394. 11:45or checkout."
  395. 11:46But
  396. 11:47people like retailers are not going to
  397. 11:50like listen to us at that stage. So,
  398. 11:52they were like, "You know, we'll put you
  399. 11:53where we put you. You'll be lucky to
  400. 11:55even have us."
  401. 11:55>> And what was your cuz I mean in a lot of
  402. 11:57those different places, I think you're
  403. 11:59in a you're in a really unique price
  404. 12:00point in terms of like all of the
  405. 12:02different locations you just described.
  406. 12:04Like you're probably pretty not cheap,
  407. 12:06but like you're very affordable in the
  408. 12:07supplements section, but at checkout
  409. 12:09you're really expensive.
  410. 12:10>> Like the whole brand campaign that we
  411. 12:12have now is like dumb as gum, Neuro is
  412. 12:14smart gum. And first and foremost, we're
  413. 12:16a supplement. Like we're the only gummy
  414. 12:18mint company on a lot of these retailers
  415. 12:20have a supplement label. So, even with
  416. 12:22Target when we're getting on target.com,
  417. 12:23it was we're the first brand to have a
  418. 12:25supplement label on a funk confectionery
  419. 12:27product. It took us like a year to go
  420. 12:29through like their legal department to
  421. 12:30even get cleared.
  422. 12:32And so, when we're looking at the price
  423. 12:34point, yeah, we're much more expensive
  424. 12:36than normal gum, but if you compare it
  425. 12:37to like Red Bull or coffee, you know, a
  426. 12:39pack is like $4.50 or at, you know, uh
  427. 12:43convenience store, we have a six-count.
  428. 12:44So, instead of a nine-count, we have
  429. 12:45six-counts, like $3.69. So, it's like
  430. 12:48comes out to like
  431. 12:49less than $0.50 per serving. And it's
  432. 12:51like half a cup of
  433. 12:53half a cup of coffee and a piece of gum.
  434. 12:55So, like if you have that value prop, we
  435. 12:56try to educate the consumer that way.
  436. 12:58And it's like you're actually saving
  437. 12:59money by buying Neurogum long-term than
  438. 13:01like going to Starbucks or something
  439. 13:03every day.
  440. 13:03>> All right. So, over the last two years
  441. 13:04of building Nibbl, shipping nearly 8,000
  442. 13:06UGC ads and getting performance data on
  443. 13:08every single one of them, it became
  444. 13:10super clear. There are two types of
  445. 13:11brands. Those that understand creative
  446. 13:13volume and those that don't. The core
  447. 13:14difference was what they focused on.
  448. 13:16Brands that focused on volume plus hit
  449. 13:17rate were never complaining that Meta
  450. 13:19changed the algorithm. Their stuff just
  451. 13:20worked. And anytime we did work with one
  452. 13:22of those savvy brands, it was always on
  453. 13:24the same platform, Motion. Motion is by
  454. 13:26far the best tool to optimize your
  455. 13:28creative pipeline. Provides structure,
  456. 13:29visibility, and insights that your
  457. 13:31creative team needs to make better
  458. 13:32decisions. I like to think of it as like
  459. 13:34what meta would actually show you if
  460. 13:35they cared about your success. All the
  461. 13:37key metrics like 3-second stop rate,
  462. 13:39winning angles, formats, competitor
  463. 13:40research, it's all built into their
  464. 13:42platform so you can make quicker and
  465. 13:43better decisions. They even just
  466. 13:45launched a new AI agent Run It which
  467. 13:46functions as a 24/7 creative strategist
  468. 13:49providing recommendations to your ad
  469. 13:50account. Y'all make sure to go check
  470. 13:51them out at motionapp.com. All right,
  471. 13:53let's get back to the episode.
  472. 13:54>> Where do you have that education show up
  473. 13:56in your creator videos and your
  474. 13:58>> Yeah, the creator videos help. A lot of
  475. 14:00it's like kind of on the website, but a
  476. 14:01lot of it's trying to convey that
  477. 14:03message in that short ad.
  478. 14:05>> Yeah, yeah, like price anchoring and
  479. 14:06dollar per serving, right?
  480. 14:08>> How did you start developing your
  481. 14:09positioning strategy?
  482. 14:11>> I think figuring out the price point was
  483. 14:13one trying to be competitive with energy
  484. 14:14drinks, right? Back in the day when we
  485. 14:16were starting we were like, "Okay, well,
  486. 14:17if Red Bull is 80 mg of caffeine for a
  487. 14:19can and we're 40 mg, like half a Red
  488. 14:23Bull but one piece of gum, how do we get
  489. 14:25competitive to Red Bull's pricing but
  490. 14:27get a lot more value out of it?" So,
  491. 14:29we're trying to play around with that
  492. 14:30pricing model.
  493. 14:31Obviously, had to make sense for us
  494. 14:32margin-wise to like, you know, be able
  495. 14:34to scale up D2C. So, we're like kind of
  496. 14:37reverse engineering backwards like, "We
  497. 14:38need this margin to survive to scale,
  498. 14:41but this is still a value prop better
  499. 14:42than like, you know, coffee or energy
  500. 14:44drinks."
  501. 14:45>> But even from the beginning you were
  502. 14:46looking at the Red Bulls, the Monsters.
  503. 14:48>> Those were like our like
  504. 14:50secondary primary competitors and we're
  505. 14:52kind of working backwards.
  506. 14:53>> Not the 5 Gums as an example.
  507. 14:55>> gums, yeah. And I mean like we I think
  508. 14:57we built this category, you know.
  509. 14:59Neuro was like kind of the forefront of
  510. 15:01trying to put supplementation in gummy
  511. 15:03mint form. It took so long for people to
  512. 15:05be like, "Oh, well, that makes sense."
  513. 15:08And then when we had people try it, then
  514. 15:09we slowly built this base of
  515. 15:11subscribers. So, I think we're over like
  516. 15:13100 plus thousand subscribers up just on
  517. 15:15D2C like on our e-commerce platform. And
  518. 15:18those people are like those lifetime
  519. 15:20value customers that we depend on.
  520. 15:21>> Was there any like inflection point in
  521. 15:23the market? Cuz you
  522. 15:26This was also during the time where the
  523. 15:28human's the ATT guys were starting to
  524. 15:30talk about, for example, combining
  525. 15:31caffeine with L-theanine. Right? And
  526. 15:34there's a lot of products that got to
  527. 15:36not piggyback off of that, but it was
  528. 15:38like the more of culture was starting to
  529. 15:39get educated around health and wellness.
  530. 15:41Was there an inflection point that it
  531. 15:44was almost like the education met what
  532. 15:45you had created and and there was a
  533. 15:47rise?
  534. 15:48>> So, when we first trade Mark Nutrigan,
  535. 15:50we were like the world's first nootropic
  536. 15:52gum. That was like kind of the tagline.
  537. 15:54And then no one knew what nootropics
  538. 15:55were unless you were like like a
  539. 15:57Redditor. And Kent, luckily my best
  540. 15:59friend co-founder, was really big on
  541. 16:00Reddit and he was talking about like
  542. 16:02nootropics, our nootropics, and just
  543. 16:04like kind of talking about our launch on
  544. 16:06Indiegogo.
  545. 16:08>> Indiegogo?
  546. 16:09>> Yeah, we were on Indiegogo.
  547. 16:11>> That's almost like a LimeWire.
  548. 16:12>> We couldn't we couldn't we couldn't do
  549. 16:14Kickstarter, which was a much bigger
  550. 16:15platform than Indiegogo, cuz they
  551. 16:16weren't supporting supplements. So, we
  552. 16:18were like, "We got to go Indiegogo."
  553. 16:19>> Yeah.
  554. 16:20>> But, you know, luckily Kent and Tyler
  555. 16:22were like heavy on that Reddit
  556. 16:23community. And then we just realized
  557. 16:25it's too niche. So, how do we go with
  558. 16:27something bigger? And like energy was
  559. 16:29always exploding, right? With energy
  560. 16:30drinks. And at the time it was like Red
  561. 16:32Bull, Monster, Rockstar. Now you have
  562. 16:33like Celsius, Alani Nu, and hundreds of
  563. 16:36brands popping up every year.
  564. 16:37>> Okay, I have a question for you. Like,
  565. 16:38why are energy drinks so popular as a
  566. 16:41category? Not necessarily to the
  567. 16:43consumer, but everyone is like, "I'm
  568. 16:45going to get a random celebrity and I'm
  569. 16:47going to start an energy drink." Is it
  570. 16:48just the margin profile? Is it the TAM
  571. 16:50is so big? Like, why is it so popular?
  572. 16:52>> I ask myself that question all the time.
  573. 16:54I think the education's there. Every you
  574. 16:56know, Red Bull's paved the path. They
  575. 16:58started Red Bull in 1987.
  576. 17:00>> Yeah.
  577. 17:00>> Now everybody's like, "You don't need to
  578. 17:01educate somebody." It's like, "Energy
  579. 17:02drink? I know what it is." Um I think
  580. 17:05it's easier to get into the market, but
  581. 17:07through that process it's so diluted and
  582. 17:09saturated.
  583. 17:09>> seems so ruthlessly competitive.
  584. 17:11>> Like our angle is is like, "Well, energy
  585. 17:14drinks are usually riddled with sugar,
  586. 17:15like 30, 40 g of sugar. That's a lot of
  587. 17:17sugar. Like we have zero sugar in the
  588. 17:19product. You know, one piece is like
  589. 17:20half a cup of coffee or half a Red Bull.
  590. 17:22And people get that it like analogy. So,
  591. 17:25we kind of anchor ourselves of like,
  592. 17:27"Hey, you know how energy drinks might
  593. 17:28not make you feel good, you make you
  594. 17:30feel jittery? Try this product." And
  595. 17:32then yeah, we've had success from people
  596. 17:35just trying like, "Actually, I really
  597. 17:36like it." And kind of switch over.
  598. 17:38>> Just a pivot real quick. I think uh we
  599. 17:40have a ton of like brand operators,
  600. 17:42founders that watch the podcast. And I
  601. 17:43think you guys were one of the very
  602. 17:45first like sort of mainstream Shopify
  603. 17:48brands to nail TikTok Shop. And you
  604. 17:50know, kind of create that virality and
  605. 17:52capture the spillover. Like
  606. 17:54>> Yeah.
  607. 17:54>> A, maybe tell us the story of like how
  608. 17:56y'all got on the platform, what your
  609. 17:57first 6 months was look like, how you
  610. 17:59activated what did you say? 1,500 videos
  611. 18:02a day from creators? Like just give us
  612. 18:04kind of that little high-level summary.
  613. 18:06>> I mean, shout out to like Jonathan,
  614. 18:08Kent, everybody like
  615. 18:09making that effort to hop onto this
  616. 18:11platform cuz TikTok was exploding, but
  617. 18:14TikTok Shop was still in its infancy.
  618. 18:16And we were financing was very close to
  619. 18:19be like, "Hey, we're not getting any
  620. 18:20ROI. We're about to cut this." I think
  621. 18:22for 4 months in like early 2024, maybe
  622. 18:25tail end of 2023.
  623. 18:26>> share like those clear numbers like what
  624. 18:28you were doing in revenue, spend.
  625. 18:30>> Like November, December 2023, we were
  626. 18:32like, "Okay, well, we got to sample
  627. 18:34NeuroGum to these creators." So, I
  628. 18:35remember we had a budget of 300 creators
  629. 18:37that we're going to send free product
  630. 18:38to.
  631. 18:39"Please make a video, you know, this is
  632. 18:41like these are all like the one-pager of
  633. 18:44like what the attributes of Neuro are."
  634. 18:46And it was like January, February,
  635. 18:48March, April, like nothing. And we're
  636. 18:50just like, "We're just sending all this
  637. 18:51product free product, we're spending ads
  638. 18:53behind it, nothing's like working." And
  639. 18:55then finance team was like, "You know,
  640. 18:57maybe we should cut it." And then boom,
  641. 18:59we had like one video go viral. And and
  642. 19:02then the rest was history. Like we
  643. 19:04>> Do you remember what the video was?
  644. 19:05>> It was clipping It was clipping the Joe
  645. 19:08Rogan content talking about it. And it
  646. 19:10is like it wasn't us doing it, but it
  647. 19:12was a good creator talking about the
  648. 19:14product and then be like, "Hey, what is
  649. 19:15this product that you're talking about?"
  650. 19:16>> screening it?
  651. 19:17>> Green screening thing was really
  652. 19:18popular. Now like the TikTok algorithm
  653. 19:20has changed like you can't do the green
  654. 19:21screening. Um but then they started
  655. 19:24clipping the Shark Tank episodes and
  656. 19:26like and we just started to see that
  657. 19:27like momentum. So 2024
  658. 19:30we were the fastest growing company on
  659. 19:32TikTok Shop in the health category. And
  660. 19:34in 2025 we had 5 billion impressions. So
  661. 19:37to go from like nothing and crickets to
  662. 19:39like middle H2 of 2024 to be the fastest
  663. 19:43growing brand and then using that
  664. 19:44momentum in 2025 5 billion impressions
  665. 19:47just gave us so much of this halo effect
  666. 19:49that translated into website sales
  667. 19:51but even more so on Amazon. So I think
  668. 19:54TikTok was still a platform for brand
  669. 19:56discovery. People are like, "Oh, I've
  670. 19:57heard about it on TikTok." But they
  671. 19:59still weren't used to you know
  672. 20:02transacting on the TikTok Shop platform.
  673. 20:04So they would be like, "Okay, let me
  674. 20:05Google it, find it on Amazon." One swipe
  675. 20:07click and then
  676. 20:08>> What what were some of those like
  677. 20:10different concrete metrics? Like we hit
  678. 20:12a million revenue and we saw like a 25%
  679. 20:15boost on Amazon. Like do you do you
  680. 20:17remember any of those?
  681. 20:17>> There were some days where
  682. 20:20there were some days where we would see
  683. 20:23maybe a correlation between every dollar
  684. 20:26that we made on TikTok was an
  685. 20:27incremental 40 cents on Amazon. It's not
  686. 20:30It's not that anymore cuz of the the
  687. 20:31halo effect is not as prevalent as it
  688. 20:34used to be.
  689. 20:35>> ceiling to it.
  690. 20:35>> But when we saw
  691. 20:37there was a clear indication is like
  692. 20:39when we would have a video go viral on
  693. 20:40TikTok, that day we would have a big
  694. 20:43increase despite yeah. Cuz we would
  695. 20:45we've been on TikTok we've been on
  696. 20:46Amazon for like 9 plus years. So we know
  697. 20:49what daily averages are like. It's a
  698. 20:50very consistent channel. Plus we had the
  699. 20:52subscription base. But then like the the
  700. 20:55TikTok part was just you would see this
  701. 20:57clip.
  702. 20:57>> What are some of the formats that are
  703. 20:59that were working then on TikTok Shop
  704. 21:01and now continue to work on TikTok Shop?
  705. 21:03>> Well, I'll tell you what worked really
  706. 21:04well back then was like the clipping and
  707. 21:06the green screening. And I think I think
  708. 21:07now with like the IP stuff, TikTok's
  709. 21:09being a little bit more sensitive on
  710. 21:11violations and they're trying to close
  711. 21:12that down.
  712. 21:13And
  713. 21:14I think they know what that leaky bucket
  714. 21:16was like when you would see it on
  715. 21:18TikTok, but then Amazon would get the
  716. 21:20revenue. So, they're trying to be a
  717. 21:22little bit more siloed and trying to
  718. 21:24keep that transaction happening on
  719. 21:25TikTok Shop.
  720. 21:27So, the tricky thing right now is like
  721. 21:28TikTok is kind of a discount platform,
  722. 21:30so people want to get a deal.
  723. 21:32But then when you're so big on Amazon,
  724. 21:34you Amazon has like the buy box. So, if
  725. 21:37you price your product on target.com,
  726. 21:39walmart.com, or TikTok lower, then you
  727. 21:42lose the buy box on Amazon. So, it's
  728. 21:43almost like this math game of like if we
  729. 21:46discount it too much on TikTok, but
  730. 21:47we're getting more volume, but we lose
  731. 21:49that market share on Amazon, then like
  732. 21:51how do we find that balance? So, it's
  733. 21:53like cons it's just kind of like a math
  734. 21:54>> How did you find the balance? I mean,
  735. 21:55what was the what was the equation?
  736. 21:58>> I think what we came to the conclusion
  737. 21:59is is that TikTok is the best like the
  738. 22:02undisputed champion for brand awareness.
  739. 22:05So, for us to continue to reach new
  740. 22:06customers, TikTok is still that
  741. 22:08platform. Of course, we're on meta,
  742. 22:10we'll do stuff on Instagram, but TikTok
  743. 22:12is the king. And so, when we have like
  744. 22:14brand campaigns with TikTok, we'll
  745. 22:16participate in it, but we're very
  746. 22:18sensitive with the team up front like
  747. 22:20this is the most that we can discount
  748. 22:21and you can do further couponing or
  749. 22:23whatever on your back end, but this is
  750. 22:25the lowest price that we can advertise
  751. 22:26without messing up our Amazon business.
  752. 22:28So, it's like being in constant
  753. 22:29communication. And I would say
  754. 22:32shout out to the TikTok team because
  755. 22:33then we have this like internal
  756. 22:35relationship that we have that we don't
  757. 22:37have with Amazon, even though Amazon's
  758. 22:38much bigger channel. Like we can we
  759. 22:40we're on like large groups
  760. 22:42with like our direct account managers
  761. 22:44and like the head of health on TikTok to
  762. 22:47be able to like help troubleshoot some
  763. 22:49of the issues that we have. So, being
  764. 22:50able to have that constant like point of
  765. 22:52contact makes it makes a huge
  766. 22:54difference.
  767. 22:54>> I mean, that that's always like one of
  768. 22:55the biggest questions any brand has is
  769. 22:57like they're at least somewhat aware
  770. 22:59that TikTok is this discount platform.
  771. 23:01They're at least somewhat aware that
  772. 23:02it's a brand awareness pro- like
  773. 23:04platform, but at the same time they're
  774. 23:05like, "Okay, well, do I go 30% off here
  775. 23:08and then like I need to recoup like an
  776. 23:10extra 8% a day on Amazon like just kind
  777. 23:13of building out that equation is such a
  778. 23:16challenge for people when they're in the
  779. 23:18dark.
  780. 23:18>> 100%.
  781. 23:19>> Obviously, you have a lot of like
  782. 23:20historical data now on TikTok Shop, so
  783. 23:22you can make much more educated
  784. 23:23decisions, but
  785. 23:24>> say there would be certain brand
  786. 23:26campaigns that we did with like, you
  787. 23:28know, uh the spring campaign or um like
  788. 23:32the new flavors we launched exclusively
  789. 23:33on TikTok like December 2024, like the
  790. 23:36wintergreen spearmint flavors that we
  791. 23:37had.
  792. 23:38That we launched exclusive on TikTok for
  793. 23:40like a month and we were promoting it
  794. 23:42and we're discounting it way more than
  795. 23:43we can even discount on a website cuz
  796. 23:46like TikTok would then have subsidies,
  797. 23:47right? They'll be like, "Hey, like you
  798. 23:49put in this much ad dollars, like we'll
  799. 23:51help subsidize and cover some of that
  800. 23:52cost." Or else like we would be losing
  801. 23:54money if we were to do that same pricing
  802. 23:55on D2C. So, I think those days are
  803. 23:58starting to dwindle down cuz TikTok
  804. 24:00needs to make money as a platform, but I
  805. 24:02think we got lucky to ride that wave,
  806. 24:04but I still see new brands popping up. I
  807. 24:06see new brands popping up every week
  808. 24:07that go viral. Now it's a matter of like
  809. 24:10do you have a strong enough supply chain
  810. 24:11to be able to like, you know, ride that
  811. 24:13momentum cuz I've I've seen companies go
  812. 24:16viral and then they can't keep up with
  813. 24:17the supply and then the demand fades and
  814. 24:19they make the supply and then, you know,
  815. 24:21>> Now, y'all already know we are super
  816. 24:23skeptical on this show about most AI
  817. 24:24tools promising the world. They have
  818. 24:26flashy demos, huge promises, and
  819. 24:28ultimately under-deliver. But, I do have
  820. 24:30to tell you about one that has blown me
  821. 24:31away and saved my team countless hours
  822. 24:33of time and that's Rich Panel. Imagine a
  823. 24:3524/7 customer support engine that
  824. 24:37handles all of your tickets seamlessly,
  825. 24:39escalates anything requiring human
  826. 24:41intervention, and here's the best part,
  827. 24:43upsells your customers in the process.
  828. 24:45Their onboarding process is frankly one
  829. 24:46of the craziest things I've ever seen.
  830. 24:48You input your brand and within 15
  831. 24:50minutes it has full context on the
  832. 24:51latest drops, product information, and
  833. 24:53plugs into all of your apps. That's not
  834. 24:55even to mention the cost savings.
  835. 24:57They're like three times more affordable
  836. 24:58than their competitors. I couldn't
  837. 25:00recommend this enough. So, if you're a
  838. 25:01brand looking to turn support into an
  839. 25:03asset, go check out richpanel.com and
  840. 25:05tell them we sent you. Talk about the
  841. 25:06parallel path between like your
  842. 25:08explosion in popularity, retail
  843. 25:09interest, and then like reaching mass
  844. 25:12retail now. The Rogan thing happens, the
  845. 25:15brand is blowing up. The TikTok shop
  846. 25:17inflection point. When were retailers
  847. 25:19knocking on the door, and then when did
  848. 25:21that flip to now you're a darling in
  849. 25:23retail, and they're like, "How do we get
  850. 25:25you into Costco in some bundle, some
  851. 25:27big-ass like Neuro Gum Pez dispenser
  852. 25:29with a Joe Rogan head on it?"
  853. 25:30>> I think
  854. 25:32I mean, we've been knocking on We've
  855. 25:33been working on Costco for a while,
  856. 25:35like, you know, a couple years, but
  857. 25:37timing wasn't right. Also, we weren't
  858. 25:39dialed in on supply chain yet to be able
  859. 25:41to handle Costco.
  860. 25:43But, I would say, you know, 6 years ago
  861. 25:45with the Joe Rogan Shark Tank, we had
  862. 25:47like low single digits, like you like US
  863. 25:50brand awareness. Like, unaided brand
  864. 25:51awareness would be like, you know, 3 4%,
  865. 25:54so maybe 3% of the country would know
  866. 25:55what Neuro Gum is, or maybe have heard
  867. 25:57about it. Now, fast forward, we're like
  868. 26:0016%.
  869. 26:01And it's like we became orders of
  870. 26:03magnitude higher, and I would attribute
  871. 26:05that to TikTok.
  872. 26:06Um so, it was like not the content
  873. 26:08wasn't new. It was like taking the Rogan
  874. 26:10Shark Tank, and then founder content did
  875. 26:12really well.
  876. 26:13And so, that like TikTok was a huge
  877. 26:15change. So, then now when you had 16%
  878. 26:17compared to 3%, there's a higher chance
  879. 26:19that retailers and the buyers have heard
  880. 26:21about us. So, they're like, "You know,
  881. 26:23my neighbor takes this, or my kids take
  882. 26:24this.
  883. 26:25Um or I really love this product. I just
  884. 26:28don't know where to put you on shelves."
  885. 26:29But, I think, you know, in the 10 and
  886. 26:301/2 years, we have a lot of data on CVS,
  887. 26:33Whole Foods data, now Walmart data. And
  888. 26:36so, now retailers are coming in like,
  889. 26:37"Hey, we could put you here." And then
  890. 26:39it's like we went We would go from like
  891. 26:41normally opening an account with a
  892. 26:43couple hundred stores to now like
  893. 26:447-Eleven will be in 6,500 stores like
  894. 26:46off the gate. You know, Casey's like
  895. 26:48from zero to 2,500 doors like out the
  896. 26:50gate. So, I think it's just a
  897. 26:53combination of timing and luck and
  898. 26:55getting like the retailers confident
  899. 26:58enough to where okay, I've heard about
  900. 27:00this brand, I've tried it, I like it.
  901. 27:02I've also seen the data and I'm willing
  902. 27:03to take that bet on you guys.
  903. 27:04>> How was your marketing budget allocation
  904. 27:06shifted from performance to brand as
  905. 27:09you've entered more doors and like grown
  906. 27:11in revenue?
  907. 27:12>> I think it's a proxy cuz as we've
  908. 27:14increased subscription revenue, we have
  909. 27:16kind of this baseline. So, we know if we
  910. 27:18pull 100% of marketing, we have a steady
  911. 27:20business.
  912. 27:21And so as we're able to pull some of
  913. 27:23that e-commerce into retail. So, this
  914. 27:24year
  915. 27:25you know, our focus is to be maybe 35
  916. 27:2740% of our total revenue into retail, we
  917. 27:30have to pull a lot of that into like
  918. 27:31retail spend. So, for us to launch
  919. 27:34Walmart in like almost almost
  920. 27:36nationally, it's a huge investment up
  921. 27:39front. And it's a huge invest- an
  922. 27:41investment up front before getting that
  923. 27:42like initial PO paid. So, we're kind of
  924. 27:45moving budget allocation. So, it's a
  925. 27:47constant discussion cuz e-commerce is
  926. 27:49like, "Well, like we have certain KPIs
  927. 27:51we want to hit."
  928. 27:52But as a team, we have a a a total
  929. 27:55revenue goal. It doesn't matter where
  930. 27:56the revenue is coming from. So, because
  931. 27:58retail is the big bet for us this year,
  932. 28:00we're just moving allocations around to
  933. 28:02support retail.
  934. 28:03>> What's kind of like your spend breakout
  935. 28:04by channel?
  936. 28:05>> And what's the goal for each channel as
  937. 28:06uh that then I'm curious about? Like are
  938. 28:08you looking at TikTok and be like,
  939. 28:09"Okay, this is going to be more of our
  940. 28:11awareness or driving foot traffic.
  941. 28:12Instagram, we're looking at it for this.
  942. 28:15Influencers partnerships we're hoping
  943. 28:17does X."
  944. 28:17>> I mean, we use so many of these data
  945. 28:19platforms to kind of calculate like
  946. 28:21individual ROAS per channel, but like
  947. 28:24the best way to look at it and my
  948. 28:25recommendation is to just look at it as
  949. 28:27like e-commerce as a whole. Because if
  950. 28:29TikTok is your brand awareness play, the
  951. 28:31ROAS might not be there. But if you pull
  952. 28:33back from that, then you'll see your
  953. 28:34ROAS go down on Amazon. So, I think it's
  954. 28:37best if you're on multiple channels,
  955. 28:38website, Amazon, TikTok, maybe even
  956. 28:40Whatnot, just looking at it as a
  957. 28:42combined entity.
  958. 28:44Um but retail is a is a wild card. We're
  959. 28:46still trying to figure that part out.
  960. 28:48But some someone like Walmart is like
  961. 28:50here you're going to enter this store.
  962. 28:51You're going to have to put half a
  963. 28:52million dollars minimum to support this
  964. 28:54ad credit.
  965. 28:55It It's like a pay-to-play. Unless you
  966. 28:57put in that half a million dollars,
  967. 28:58they're not going to also give you that
  968. 28:59end cap. Yeah, it's crazy.
  969. 29:00>> same with like Roundy's at Target.
  970. 29:02>> Yeah, Roundy's exactly exactly.
  971. 29:05>> But you pay to play.
  972. 29:06>> say that.
  973. 29:06>> If you If you paid I think when you paid
  974. 29:09to play, then they'll also the buyers
  975. 29:11want to see like okay you're investing
  976. 29:13in this platform. We'll have like a
  977. 29:14Times Square billboard coming out with
  978. 29:16our friends who's like hooking us up
  979. 29:17with some spots and like if the buyers
  980. 29:20see that they're like oh you guys are
  981. 29:21doing out of home advertisement that's
  982. 29:24going to also drive to Walmart.
  983. 29:26And you know we're working with a couple
  984. 29:27big celebrities like you know Andrew
  985. 29:29Schulz is a celebrity partner, Yuki
  986. 29:31Tsunoda the Formula 1 driver for Red
  987. 29:32Bull, you know Jimmy like we're going to
  988. 29:35be like hey can you push some content
  989. 29:37that says like we're going to be at
  990. 29:38Costco Walmart. Send those clips to the
  991. 29:40buyers and be like hey we're getting
  992. 29:41some of the biggest celebrities in the
  993. 29:42world to talk about how to buy Neurogum
  994. 29:44but at your stores. So all these things
  995. 29:46like add up incrementally and I think it
  996. 29:48comes down to like just a good
  997. 29:49partnership on both sides but also the
  998. 29:51relationship.
  999. 29:52>> I mean
  1000. 29:53we have the product right here. We can
  1001. 29:55see it in the wide shot. We'll put that
  1002. 29:56on camera like you guys just kind of
  1003. 29:58went through a big packaging brand
  1004. 30:00refresh because of this retail.
  1005. 30:02>> to say it's cuz of retail.
  1006. 30:04>> A big part of it was retail.
  1007. 30:05You know our current packaging I think
  1008. 30:07looks great simple but I think we just
  1009. 30:09stepped it up. It looks a lot cleaner.
  1010. 30:11Just you know it allows us to expand a
  1011. 30:12lot more in terms of like product
  1012. 30:14offering and flavors.
  1013. 30:16So before we had the flavor represented
  1014. 30:18as a color but we're like if we expand
  1015. 30:19more flavors we're going to run out of
  1016. 30:20colors.
  1017. 30:21So what we did instead is like we picked
  1018. 30:24the set color for that function. So if
  1019. 30:26memory and focus is this like light blue
  1020. 30:28>> Yeah, you want to create the association
  1021. 30:29with the benefit.
  1022. 30:30>> Yeah, and then the energy one's always
  1023. 30:31going to be this like like our neuro
  1024. 30:33blue and then from there we have like
  1025. 30:35the sub like subset colors that
  1026. 30:37represent the flavor. So peppermint,
  1027. 30:38spearmint, cinnamon,
  1028. 30:40uh wintergreen. So we had that just like
  1029. 30:44like almost like design psychology. And
  1030. 30:46then now that we have this like format
  1031. 30:47and process, it's going to allow us to
  1032. 30:48expand more more functions along the
  1033. 30:50way.
  1034. 30:51>> I think there's some things to pay
  1035. 30:52attention to as well where this feels
  1036. 30:54like a supplement.
  1037. 30:55>> Yeah. Yeah, like just from overall
  1038. 30:57packaging is standing out in a
  1039. 30:58supplement.
  1040. 30:59>> Yeah.
  1041. 30:59>> Um, it pops out, too. I think I yeah,
  1042. 31:02our team did an amazing job with the the
  1043. 31:04packaging.
  1044. 31:04>> Like you put this next to, for example,
  1045. 31:06like you could put this next to you know
  1046. 31:07the company Seed?
  1047. 31:08>> Seed probiotic?
  1048. 31:09>> Yeah, yeah, yeah, yeah, yeah.
  1049. 31:10>> It's like it's a green pill.
  1050. 31:12>> Green pill. But it's like almost like
  1051. 31:13the same pack like not same packaging,
  1052. 31:15but again, like it just it fits on the
  1053. 31:17shelf with a with a supplement brand,
  1054. 31:19which going back to your positioning is
  1055. 31:21is key.
  1056. 31:22>> I'm about to take this one and just lock
  1057. 31:23in so hard for us this episode.
  1058. 31:25>> This one's all right. I do I love the
  1059. 31:26memory and focus product because for me,
  1060. 31:28ironically, I'm caffeine sensitive, even
  1061. 31:30though it's, you know,
  1062. 31:31>> No, insanely ironic.
  1063. 31:32>> Well, that's why the L-theanine's in
  1064. 31:34there.
  1065. 31:34>> So, we have the L-theanine, but then the
  1066. 31:35memory and focus one uses 50 mg of like
  1067. 31:37clinical-grade ginseng. So, it's called
  1068. 31:40>> Cereboost. Tastes so good.
  1069. 31:41>> It's really good.
  1070. 31:43200 mg a day, clinically shown to
  1071. 31:45improve working memory. So, the the
  1072. 31:47company that we license this uh, ginseng
  1073. 31:50from has done a ton of research behind
  1074. 31:52it. It's our most expensive active
  1075. 31:53ingredient.
  1076. 31:54>> How do you test products?
  1077. 31:56>> All science-based. So, um, I mean, for
  1078. 31:59us to do a product and launch in the
  1079. 32:00market, at least takes like a a year in
  1080. 32:02R&D, at least. And so, like we have to
  1081. 32:04look at all the the active ingredients,
  1082. 32:06where we're sourcing it, if there's any
  1083. 32:07claims. So, this instead of like a
  1084. 32:09normal ginseng, the Cereboost one, we do
  1085. 32:11a lot of data and analysis on like this
  1086. 32:13company, how they're sourcing it, the
  1087. 32:14papers.
  1088. 32:15And then of of course, we have to put it
  1089. 32:17in the product and see if it
  1090. 32:18>> clinical trials?
  1091. 32:20>> Uh, we did a white paper study with
  1092. 32:21Harvard MIT back in 2020. Um, but we
  1093. 32:24haven't done any other formal clinical
  1094. 32:25trials.
  1095. 32:26We would love to, though.
  1096. 32:27>> I'm uh, I'm super curious. I mean, like
  1097. 32:29so, obviously Grüns just got acquired by
  1098. 32:31Unilever. And I mean, probably one of
  1099. 32:34the biggest like mafia-ruled rackets of
  1100. 32:37all time is like what Mars has in
  1101. 32:39distribution and you know with Hudson
  1102. 32:41News and everything like the gum world,
  1103. 32:43right? Like five gum, Juicy Fruit,
  1104. 32:44whatever. I don't think we've really
  1105. 32:45seen a lot of disruption
  1106. 32:47on that shelf in decades. I mean five
  1107. 32:50gum was probably the most recent that I
  1108. 32:52actually like have
  1109. 32:52>> and that was more like a packaging play.
  1110. 32:54>> Yeah, yeah, and they did like I mean
  1111. 32:55they were like crushing the brand those
  1112. 32:57ads in like '06 were going crazy.
  1113. 32:59>> The five senses. Yeah, they did a really
  1114. 33:01good job.
  1115. 33:02>> But um
  1116. 33:02>> And it broke into like middle school and
  1117. 33:04high schools. Like it was like this
  1118. 33:05assembly in in middle school. I remember
  1119. 33:07so like
  1120. 33:07>> You had a razor? You were chewing five
  1121. 33:08gum?
  1122. 33:09>> Yeah.
  1123. 33:09>> You know, you were on the playground
  1124. 33:11>> Yeah.
  1125. 33:11>> going crazy.
  1126. 33:12>> Motorola razor, you had T-Mobile
  1127. 33:14Sidekick 5 and and some five
  1128. 33:16>> You're talking about how you were
  1129. 33:16shaving for the first time.
  1130. 33:18>> a Sidekick. You might have a Sidekick.
  1131. 33:19>> Yeah, yeah, Blackberry if you're lucky.
  1132. 33:21Um but like M&A in this category like is
  1133. 33:25is the well, and I mean share whatever
  1134. 33:27you're comfortable with, but like is it
  1135. 33:29going with a Mars? Is it going with
  1136. 33:31someone like that or is it coming after
  1137. 33:34them because obviously they have the
  1138. 33:36distribution locked in, but you're kind
  1139. 33:38of in the supplement category like
  1140. 33:39>> That would be like the logical choice. I
  1141. 33:42mean, without going into too much detail
  1142. 33:44like we had talked to some of the
  1143. 33:46biggest energy drink like family offices
  1144. 33:49in the world to talk about a partnership
  1145. 33:51or an investment. And then we looked at
  1146. 33:54like your traditional
  1147. 33:55kind of like CPG holding companies, too.
  1148. 33:58And then you know, we found an amazing
  1149. 33:59partner that owns and runs our gummy
  1150. 34:01mint manufacturer and that felt like the
  1151. 34:03right play for us cuz we wanted to be
  1152. 34:05more bit vertically integrated. We
  1153. 34:07wanted to be able to control the supply
  1154. 34:08chain. Um Mars and Wrigley I think, you
  1155. 34:11know, as like a private company,
  1156. 34:12incredible incredibly well run. Um
  1157. 34:15Daniel Lubetzky, who's one of our
  1158. 34:16friends and mentors
  1159. 34:17>> Yeah, yeah. Hi Mark.
  1160. 34:18>> Hi, founder of Kind Bar.
  1161. 34:20He's now like the main judge on Shark
  1162. 34:21Tank. I I told this story a while ago,
  1163. 34:24but you know, six years ago when we did
  1164. 34:25Shark Tank, right after we aired, we got
  1165. 34:27a trademark lawsuit uh from a drink
  1166. 34:30company called Neuro. And
  1167. 34:33like I was freaking out cuz like we're
  1168. 34:34on a high from the Rogan and Shark Tank
  1169. 34:36content and now like I have a trademark
  1170. 34:37lawsuit. I'm going to file for
  1171. 34:39bankruptcy.
  1172. 34:40>> the lows and lows of business, baby.
  1173. 34:41>> Literally the highs and lows and like
  1174. 34:42within like the month of April 2020, I
  1175. 34:44was like, "Oh my god, we're going to
  1176. 34:45lose this business."
  1177. 34:47And signed away basically these massive
  1178. 34:49retainers for legal to like defend. And
  1179. 34:51I just remember Daniel Lubetzky was
  1180. 34:53like, "Hey, on the show, by the way." He
  1181. 34:55was like, "If I really like you guys, if
  1182. 34:56there's anything you guys need, like I
  1183. 34:58feel like it will cross paths." And I
  1184. 34:59was like, "Is this for real? Like is he
  1185. 35:00saying it just on the show?" But like I
  1186. 35:02had nothing to lose. So hail Mary, I
  1187. 35:04DM'd Daniel on Instagram. And that was
  1188. 35:06on a We just did a Shark Tank update
  1189. 35:08episode a month ago.
  1190. 35:09>> Oh, no way.
  1191. 35:10Those are always fun.
  1192. 35:11>> It just come We're like the I think the
  1193. 35:13first company in Shark Tank history to
  1194. 35:14not take a deal on camera and still get
  1195. 35:16an update episode.
  1196. 35:17But we told the story of Daniel and I
  1197. 35:19DM'd him and I told him the whole
  1198. 35:20scenario and for 18 months he helped
  1199. 35:22defend and he talked to the person suing
  1200. 35:24us, the CEO of the company, their legal
  1201. 35:26team, our legal team and we settled. And
  1202. 35:28like we own this gummy bear category.
  1203. 35:30We're able to keep name cuz they wanted
  1204. 35:33to bully us to change the name.
  1205. 35:35But through that process, um
  1206. 35:37yeah, it was
  1207. 35:39insane. Like Daniel was the goat to help
  1208. 35:41us.
  1209. 35:42>> That's awesome. Yeah, friends in high
  1210. 35:43places.
  1211. 35:45>> So nice. And don't be afraid to reach
  1212. 35:47out to people cuz you never know if
  1213. 35:48they're going to answer or not, but I
  1214. 35:50had nothing to lose. I was like, "Hey
  1215. 35:51Daniel, I hope you're doing well.
  1216. 35:53Uh I don't know if you remember me from
  1217. 35:54Shark Tank and you said uh if I could
  1218. 35:56reach out to you if I had some advice.
  1219. 35:58Uh I really need your advice on
  1220. 35:59something." And that was like literally
  1221. 36:01like what I I texted him.
  1222. 36:02>> That's awesome. He came back to me.
  1223. 36:04That's awesome. What uh what's next?
  1224. 36:06What's the future? Like what are you
  1225. 36:07guys really excited about from, you
  1226. 36:09know, I mean you've always been kind of
  1227. 36:11ahead of the curve, you know? So is it
  1228. 36:12live shopping? Is there like new
  1229. 36:14incremental categories in marketing that
  1230. 36:16you're excited about? Share
  1231. 36:17>> I think for us this year is
  1232. 36:18distribution.
  1233. 36:19>> Yeah.
  1234. 36:20>> Like I we did a really good job kind of
  1235. 36:22educating consumers
  1236. 36:24um in like the 16% that know about the
  1237. 36:26brand, but now how do we get that
  1238. 36:27incremental, you know,
  1239. 36:29huge pop pop size of the pie, and a lot
  1240. 36:32of them just haven't heard about the
  1241. 36:33brand cuz they're not on social media or
  1242. 36:36our ads or our content isn't targeted
  1243. 36:38toward them. So, I think when we're
  1244. 36:39getting into the Costco, Walmart's,
  1245. 36:41Target's of the world,
  1246. 36:42that's going to change the game. And And
  1247. 36:45it never gets old cuz we were just at
  1248. 36:47dinner last night and like two of the
  1249. 36:48people in the front, like the hosts,
  1250. 36:50like were like, "Oh my god, like we love
  1251. 36:52NeuroGum." And we're going downstairs
  1252. 36:54and there's security outside and they're
  1253. 36:55filming like a music video and we're
  1254. 36:56talking about Neuro and the security
  1255. 36:57guard like with like an armored like
  1256. 36:59armored vest pulls out like literally
  1257. 37:01>> You think he's pulling out a gat?
  1258. 37:02>> Yeah, yeah, yeah. Yeah, I was like,
  1259. 37:03"What are you pulling out?" It was like
  1260. 37:04literally like a random container and
  1261. 37:06we're like, "That's not NeuroGum." He
  1262. 37:07opens it and it's like pack of like
  1263. 37:09pieces of NeuroGum that he pops in there
  1264. 37:11because like he wanted like a different
  1265. 37:12packaging to fit in his pocket.
  1266. 37:14>> Yeah.
  1267. 37:14>> And so, it's like that will never get
  1268. 37:16old for us. And so, like how do we do
  1269. 37:18that and just continue to grow as a
  1270. 37:19brand cuz
  1271. 37:21our dream is like what Red Bull did to
  1272. 37:22create the energy energy drink category.
  1273. 37:25Like we want to be the Neuro wants to be
  1274. 37:28the the category leader.
  1275. 37:29>> Functional tablet.
  1276. 37:30>> Yeah, functional gum and mint, so that's
  1277. 37:32the dream and the goal. And
  1278. 37:34you know, we've been at it for 10 and
  1279. 37:351/2 years. I I'd say the next 10 years
  1280. 37:37are going to be really interesting for
  1281. 37:38us.
  1282. 37:38>> Nice. That's awesome, man. Well, thanks
  1283. 37:40so much for coming on the pod. Dude,
  1284. 37:41thanks for having me, man. Yeah, that
  1285. 37:43was awesome. So,
  1286. 37:45we definitely could. I'm going to keep
  1287. 37:46trying to pry more into the into the
  1288. 37:48business though. Well, cool. Uh tell
  1289. 37:50them where we can find you. I mean, I
  1290. 37:51think everyone knows, but go buy
  1291. 37:52NeuroGum on Amazon or where do you want
  1292. 37:54them to buy it?
  1293. 37:55>> Do you want retail? I think
  1294. 37:56>> I think you want that retail the retail
  1295. 37:57push right now.
  1296. 37:58>> Um well, check us out at
  1297. 37:59www.neurogum.com.
  1298. 38:01Uh Amazon, make sure you buy from our
  1299. 38:03like actual like NeuroGum page. And then
  1300. 38:07TikTok shop, if you buy from our page,
  1301. 38:09like you're not going to get a lot of
  1302. 38:10these fake sellers cuz we've been
  1303. 38:12getting a lot of people trying to
  1304. 38:13imitate us, like literally copy our
  1305. 38:14brand. So, if you go with our branded
  1306. 38:17page, like you'll get the real thing.
  1307. 38:19And
  1308. 38:19at retail, CVS, Whole Foods, and then
  1309. 38:21Walmart, and then soon Costco.
  1310. 38:23>> Nice, and follow you on Instagram?
  1311. 38:25>> Yeah, Instagram just Neurogum.
  1312. 38:26>> Okay, all right.
  1313. 38:27>> Awesome. Thank you guys.
  1314. 38:28>> Thanks for coming, man.
  1315. 38:29>> Thanks for coming. Appreciate it.
  1316. 38:32>> [music]

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