The Genius Who Gets Celebrities to Promote His Brand For $0 w/ Ryan Chen — Transcript
Full transcript
- 0:00For 2024, we were the fastest growing
- 0:02company on TikTok Shop. And then 2025,
- 0:04we had 5 billion impressions.
- 0:06>> Ryan Chen is the co-founder and CFO of
- 0:08Neuro Gum, one of the fastest growing
- 0:09supplement brands in the country. These
- 0:11guys have exploded over the last few
- 0:12years, popping off on Joe Rogan, Shark
- 0:14Tank, [music] and recently on TikTok
- 0:16Shop. He came on the show to talk about
- 0:18the spillover effect that brands
- 0:19experience from investing in a platform
- 0:21like TikTok Shop, how they're
- 0:22approaching retail, how they're changing
- 0:24their product packaging to stand out
- 0:26more on the shelf. But what I found
- 0:27fascinating was how Neuro Gum has been
- 0:29able to get their product in the hands
- 0:30of the rich and famous. [music] They're
- 0:31in with Mr. Beast, they're in with all
- 0:33these different celebrities and athletes
- 0:34like Andrew Schulz. And Ryan gave us
- 0:36their entire playbook on how they've
- 0:37accomplished that, starting with this
- 0:38story.
- 0:42>> [music]
- 0:44>> So tell us about this Mr. Beast video.
- 0:45>> Yeah, man. So Sunday, we have our first
- 0:48video coming out with Mr. Beast
- 0:50Philanthropy in a new year. So really
- 0:52excited. So we got to sponsor
- 0:55basically this like whole mobile medical
- 0:57clinic, uh which came out of Texas A&M.
- 1:00Uh and so Beast Philanthropy, I don't
- 1:02know if you guys know how it works, but
- 1:03they donate 100% of the proceeds that
- 1:05they raise to the philanthropy that they
- 1:07partner with.
- 1:07>> Yeah.
- 1:08>> So we got super lucky.
- 1:10I'll kind of give you the backstory, but
- 1:122 years ago, I got to be a part of a
- 1:15Beast Philanthropy video for adaptive
- 1:17athletes. So
- 1:19I got into a spinal cord injury
- 1:2117 years ago when I was 19 and broke my
- 1:24back. I was paralyzed from the waist
- 1:25down. And you know,
- 1:28through the grace of a lot of amazing
- 1:30nonprofits, got into like wheelchair
- 1:31racing,
- 1:32trained with the US Paralympic team, and
- 1:34that was kind of like one of the genesis
- 1:36of like when Kit was sharing supplements
- 1:37to create Neuro. But
- 1:40yeah, got invited to be a part of that
- 1:41video, saw firsthand what Beast
- 1:43Philanthropy was doing, supporting all
- 1:45these like smaller nonprofits that might
- 1:47not get the light of day. And we're
- 1:49like, how do we how do we work with
- 1:50Beast? Like how do we donate back to
- 1:52something like this? And so through this
- 1:54roundabout like roundabout way,
- 1:57one of our investors, Jared Smith, the
- 1:58co-founder of RXBAR,
- 2:00his president was a guy named Jim
- 2:02Murray, who is the co-founder of
- 2:03Feastables with Mr. Beast. And so Jim
- 2:06connected me with the president of the
- 2:07YouTube at the time, connected me to
- 2:10the guy named Darren, who was the head
- 2:12of philanthropy. And then we connected
- 2:14and we're just like, how do we give back
- 2:16and donate to you guys? And fast forward
- 2:182 years, now we got this cool cool
- 2:20partnership and then we're the sponsor
- 2:22first.
- 2:23>> With something like this,
- 2:24working with Mr. Beast on a video, do
- 2:26you get to think about the creative
- 2:28process with him or is it almost like
- 2:30very hands-off
- 2:31and he he runs with like the ideation
- 2:33process, conceptualize and everything?
- 2:35>> It's crazy cuz they have a pipeline of
- 2:37probably like 10 videos that they're
- 2:39working like on concurrently. So they'll
- 2:41give us a list of like, hey, we're
- 2:43thinking about sponsoring this
- 2:44philanthropy or this philanthropy, like
- 2:45which one kind of resonates with you
- 2:47guys the most? And we're like, this
- 2:48mobile medical like unit using like old
- 2:51shipping containers sounds really cool.
- 2:53Like, how do we partner with that? And
- 2:55so, well, you know, we'll give Jimmy and
- 2:58the team a bunch of things that we want
- 3:00to talk about for Neuro as a kind of the
- 3:01shout-out as like one of the sponsors
- 3:03and we just let let them rip. So we
- 3:06haven't even seen the final cut or copy.
- 3:08We've seen some like snippets of it, but
- 3:10the video drops this Sunday.
- 3:12>> What's the what's the CPM on a Mr. Beast
- 3:14video?
- 3:14>> I don't even know. So I think
- 3:16>> [laughter]
- 3:16>> So I got a deck recently and this stat
- 3:19is insane. So Mr. Beast in the last 90
- 3:22days has reached 1.4 million unique
- 3:25people. That's like 15% of the world's
- 3:27population.
- 3:28>> Brilliant.
- 3:28>> 1.4 billion.
- 3:30>> 1.4 billion, yeah.
- 3:30>> And I mean, that number just like almost
- 3:33like is hard to comprehend, but 1.4
- 3:35billion
- 3:36unique people have been reached in the
- 3:38last 90 days. So he's like 450 million
- 3:41subscribers on YouTube and then the
- 3:42philanthropy is like maybe 30, but right
- 3:44now they're trying to get the
- 3:45philanthropy to get more eyeballs. And
- 3:47so Jimmy and the team has made a big
- 3:49effort to kind of combine that under one
- 3:51team. So, I mean, we're very fortunate
- 3:54because philanthropy has been a big part
- 3:56of our mission statement for Neuro. And
- 3:58then now to partner with probably the
- 3:59most viral like philanthropy in the
- 4:02world is incredible.
- 4:02>> of like the ultimate brand marketing
- 4:04play. I mean, you're just hoping this
- 4:06video goes mega viral, a bunch of people
- 4:08see Neuro gum. Like, how are you
- 4:09evaluating the success of the video? I
- 4:11mean, assuming that it's not just a pure
- 4:13passion play.
- 4:14>> Yeah, I think I think part of the like
- 4:16the idea is that if this video gets, you
- 4:18know, 10 15 million views and we
- 4:20calculate that by impression. But we're
- 4:22also doing this really cool
- 4:23collaboration and you guys could
- 4:24probably sniff it. But it's a Beast
- 4:26Philanthropy tin x Neuro. There's two
- 4:28variations on it and it's like a
- 4:30thumbprint and like kind of a wave. This
- 4:31idea is like, you know, your action has
- 4:35like a ripple effect on the things
- 4:36around you. And it's similar to like
- 4:38Beast Philanthropy's like philosophy on
- 4:41the giving back. And so, all the
- 4:43proceeds for those tins go to the
- 4:44Philanthropy. So, we'll sell the tins
- 4:46for like $6 and our goal is to raise,
- 4:49you know, half a million dollars or
- 4:50more. So, we've committed to the half a
- 4:52million and we just want to capture as
- 4:53much upside as possible.
- 4:54>> that's awesome. And so, this isn't your
- 4:56first big partnership. I mean, obviously
- 4:58you guys have worked with, you know,
- 4:59people like Joe Rogan. There's a bunch
- 5:01of athletes that, you know,
- 5:03>> worked with Joe Rogan.
- 5:04>> sorry.
- 5:05>> [laughter]
- 5:05>> Joe Rogan has
- 5:06>> He just loves the product, which is like
- 5:07the best case scenario.
- 5:08>> Yeah, yeah. You've actually had a better
- 5:09outcome there for Joe Rogan just loves
- 5:11the product. But like, how do you guys,
- 5:13um, I think you've done an excellent job
- 5:15partnering celebrities, influencers,
- 5:16thought leaders, stuff like that. How do
- 5:18you all approach these partnerships?
- 5:19Like, find people? How do you kind of
- 5:21structure the deal? That sort of thing.
- 5:22>> I mean, one, I wrote Rogan definitely
- 5:24doesn't know who we are as the founders,
- 5:26but he loves the brand. And the first
- 5:29time he had dropped Neuro was February
- 5:322020, like right before like like the
- 5:34world shut down. And we had seeded him
- 5:37product back in I think November 2019
- 5:40through our buddy John Beer who started
- 5:41Jack Taylor PR.
- 5:43And we sent a bunch of product out
- 5:44there, you know, crickets like November,
- 5:46December, Jan. Or like well, I mean it's
- 5:48Rogan he's probably getting millions of
- 5:50stuff every day. There's like no way
- 5:51he's going to get
- 5:51>> is literally just full of like venison
- 5:53and then like random products.
- 5:55>> [laughter]
- 5:56>> And somehow I think he started taking it
- 5:58and he just dropped us like on the
- 6:00podcast with Dr. Rhonda Patrick and I
- 6:02just remember my phone blowing up and
- 6:04getting all these text messages like
- 6:05dude just Rogan just dropped you on the
- 6:07podcast and you just see immediately
- 6:09like the
- 6:09>> saying what do the analytics look like
- 6:11after something like
- 6:12>> I think like at at the time like we were
- 6:14averaging
- 6:155, 10 grand on Amazon a day we were like
- 6:18hitting like 7,500 grand days post like
- 6:21that drop.
- 6:23And it was never it wasn't even like
- 6:24here click a link below or use Rogan 20
- 6:27for a discount. It was just mentioning
- 6:28that name
- 6:29and that's just the power of like how
- 6:31big his platform is.
- 6:33>> So what's more powerful a Shark Tank
- 6:34shoutout or a Joe Rogan shoutout?
- 6:36>> Rogan shoutout for sure. So when we did
- 6:38Shark Tank it was we filmed it September
- 6:412019 and then we aired April 2020. So it
- 6:44was like right around like 2 months
- 6:46before the Rogan
- 6:47and Shark Tank was great. I think we
- 6:49made like a million bucks in the first
- 6:50like week, week and a half post airing
- 6:53and we'd got two offers but we rejected.
- 6:55So like I can go into like the the
- 6:58analytics of like what it is.
- 6:59>> the TikTok clip 50 million times.
- 7:01>> [laughter]
- 7:02>> But we were lucky that we still aired
- 7:04because if you don't take a you know, a
- 7:06deal on camera you're less likely to
- 7:08actually air on on the show. So we kind
- 7:10of just played like
- 7:12you know, the scenarios in our head and
- 7:14we're like you know what we don't want
- 7:15to just take a deal on camera and kill
- 7:16it and do due diligence like we want to
- 7:18be honest of like the valuation. We're
- 7:19just like we can't take it that low.
- 7:21But Shark Tank was like about a million
- 7:23change and then you know, using the
- 7:26clips but the Rogan Rogan effect is like
- 7:29orders of magnitude bigger.
- 7:30>> Yeah, that's crazy. That's insane. I
- 7:32mean it just kind of goes to show too
- 7:33like these traditional
- 7:35media publications, whatever they might
- 7:37be are just dwarfed in popularity by
- 7:40what's organic, right? Like a creator on
- 7:43YouTube, the new media is just so much
- 7:44more powerful.
- 7:45>> you look at Jimmy and Mr. Beast, that's
- 7:47the platform. Like instead of CNN, BBC,
- 7:49Fox, whatever, people are following
- 7:51their creators that they they want. So,
- 7:53they have the share voice. And so, I
- 7:56think when we look at partnerships, you
- 7:57know, we just kept sending Rogan
- 7:59product. We sent him like this huge Pez
- 8:01dispenser of his head that spits out
- 8:02Paxil and Rogaine. But we just try to
- 8:05find partners that one love the brand
- 8:06and that's like the absolute bare
- 8:08minimum requirement. We don't want to
- 8:10work with anybody that doesn't know
- 8:11about the brand or doesn't take it cuz I
- 8:13don't want to force a partner be like,
- 8:15"Hey, I'm going to write you a check and
- 8:17I want you to talk about XYZ. I want you
- 8:19to take it organically and then you tell
- 8:21me how it works for you." And then that
- 8:22makes for great content.
- 8:24>> When you're trying to develop these
- 8:25partnerships and you're trying to seed
- 8:26some of these bigger A-list celebrities,
- 8:29how are you thinking about getting in
- 8:30front of them? Like you said you got in
- 8:32front of you got to Rogan through Is it
- 8:34John Beer?
- 8:35>> Yeah.
- 8:36>> Or John Beer like
- 8:37how are you getting in front of then Mr.
- 8:39Beast or the other kind of big players
- 8:40in the game cuz it's it's not easy to
- 8:42get in front of those individuals and
- 8:44you also have to stand out on top of
- 8:46that.
- 8:46>> I think so many of these relationships
- 8:47are a gatekeep gatekept, right? It's
- 8:49like, how do you even get to Rogan? And
- 8:51it was just John had the relationship
- 8:53with like Jamie and the producer
- 8:55had an address to send it to and and
- 8:57like through luck and, you know, enough
- 9:00perseverance like we got through.
- 9:02Uh and we were just with Mr. Beast in
- 9:04Ghana like last month. So, we were there
- 9:06for like 3 days, spent some quality time
- 9:08with him telling him about more about
- 9:09the brand, what we wanted to do, how we
- 9:11want to be a part of this philanthropy.
- 9:13And now we're like doubling down and
- 9:14like we're increasing like what we're
- 9:16donating from half a million to like
- 9:18millions and going to the philanthropy.
- 9:20So, we're very committed because I think
- 9:23once we saw firsthand like this is the
- 9:25real deal. Like he's like sleeping in
- 9:27the car, you know, like Jimmy's not
- 9:29staying at the five-star hotel. He's
- 9:30like, "I'm going to I I'm going to drive
- 9:32out 6 hours round trip. I'm just going
- 9:33to sleep in the car tonight."
- 9:35And his team around him was like there's
- 9:37like 30 Like five of them stayed in the
- 9:39car.
- 9:40Filmed like some stuff on the sunset.
- 9:41I'm like, man, that's commitment. Like I
- 9:43I know I want to go home and shower.
- 9:44Like it's been a long day.
- 9:47Um but I just have massive respect for
- 9:49his work ethic. And so I think just
- 9:51partnerships in general like we find the
- 9:52right partner and
- 9:54I don't know, just sheer will and just
- 9:57finding different angles to get there.
- 9:59And sometimes it's not just one degree
- 10:00of separation. It might be like two or
- 10:01three. But just
- 10:04figuring out the angle on being really
- 10:05honest and genuine. Like, hey, this is
- 10:07what we want to accomplish. We want to
- 10:08work with XYZ.
- 10:10Like, can you make that introduction?
- 10:11Or, you know, and
- 10:13luckily people pitch it in the way where
- 10:15we get their attention and
- 10:17um fortunately we get these amazing
- 10:19partnerships. So.
- 10:21>> I love to kind of talk more about like
- 10:22your brand journey in terms like the
- 10:24channels you've activated cuz it seems
- 10:26like you'll started D2C. Obviously you
- 10:28had Amazon. You had the Rogan shoutout.
- 10:30Had the Shark Tank shoutout. Were early
- 10:32on TikTok shop.
- 10:34>> Yeah.
- 10:34>> Proceeded to then get into retail and
- 10:36I'd love to just kind of hear from you
- 10:38like, okay, what were these revenue
- 10:39thresholds? Like what were those key
- 10:40levers that you pulled that really blew
- 10:43the brand up during that journey?
- 10:44>> Yeah. So, we started the company in
- 10:47September 2015. It's been like
- 10:4910 and a half years. We're going on 11.
- 10:51And we've always started with D2C. Like
- 10:53we I would say the first two or three
- 10:55years we didn't have any retailers. We
- 10:56had maybe some small like bodegas here
- 10:58and there. Our first big account was
- 11:00CVS, then Whole Foods.
- 11:02But even up until like last year, like
- 11:0490% of the business was between Amazon
- 11:06or website, TikTok shop. And then 10%
- 11:08was made up between like 20,000 doors.
- 11:10Like the CVS, Whole Foods, now Walmart.
- 11:13But this year, I think because we have
- 11:15enough brand awareness,
- 11:18now we're entering in like the
- 11:19discussions with the Walmarts, Costcos
- 11:21of the world, you know, Sam's Club,
- 11:247-Eleven.
- 11:25But no one I think would have taken us
- 11:27seriously because we're building this
- 11:29category. So, retailers were like,
- 11:31"Well, don't even know where to put
- 11:32you." Like CVS were like, "Uh we'll put
- 11:34you in the pharmacy like memory
- 11:35section." And 7-Eleven was like, "Oh,
- 11:38we'll put you kind of by checkout." But
- 11:40Walmart was like, "We'll put you in the
- 11:41candy and gum section." We're like, "No,
- 11:42we're a functional product. Like we need
- 11:44to either be in the supplement section
- 11:45or checkout."
- 11:46But
- 11:47people like retailers are not going to
- 11:50like listen to us at that stage. So,
- 11:52they were like, "You know, we'll put you
- 11:53where we put you. You'll be lucky to
- 11:55even have us."
- 11:55>> And what was your cuz I mean in a lot of
- 11:57those different places, I think you're
- 11:59in a you're in a really unique price
- 12:00point in terms of like all of the
- 12:02different locations you just described.
- 12:04Like you're probably pretty not cheap,
- 12:06but like you're very affordable in the
- 12:07supplements section, but at checkout
- 12:09you're really expensive.
- 12:10>> Like the whole brand campaign that we
- 12:12have now is like dumb as gum, Neuro is
- 12:14smart gum. And first and foremost, we're
- 12:16a supplement. Like we're the only gummy
- 12:18mint company on a lot of these retailers
- 12:20have a supplement label. So, even with
- 12:22Target when we're getting on target.com,
- 12:23it was we're the first brand to have a
- 12:25supplement label on a funk confectionery
- 12:27product. It took us like a year to go
- 12:29through like their legal department to
- 12:30even get cleared.
- 12:32And so, when we're looking at the price
- 12:34point, yeah, we're much more expensive
- 12:36than normal gum, but if you compare it
- 12:37to like Red Bull or coffee, you know, a
- 12:39pack is like $4.50 or at, you know, uh
- 12:43convenience store, we have a six-count.
- 12:44So, instead of a nine-count, we have
- 12:45six-counts, like $3.69. So, it's like
- 12:48comes out to like
- 12:49less than $0.50 per serving. And it's
- 12:51like half a cup of
- 12:53half a cup of coffee and a piece of gum.
- 12:55So, like if you have that value prop, we
- 12:56try to educate the consumer that way.
- 12:58And it's like you're actually saving
- 12:59money by buying Neurogum long-term than
- 13:01like going to Starbucks or something
- 13:03every day.
- 13:03>> All right. So, over the last two years
- 13:04of building Nibbl, shipping nearly 8,000
- 13:06UGC ads and getting performance data on
- 13:08every single one of them, it became
- 13:10super clear. There are two types of
- 13:11brands. Those that understand creative
- 13:13volume and those that don't. The core
- 13:14difference was what they focused on.
- 13:16Brands that focused on volume plus hit
- 13:17rate were never complaining that Meta
- 13:19changed the algorithm. Their stuff just
- 13:20worked. And anytime we did work with one
- 13:22of those savvy brands, it was always on
- 13:24the same platform, Motion. Motion is by
- 13:26far the best tool to optimize your
- 13:28creative pipeline. Provides structure,
- 13:29visibility, and insights that your
- 13:31creative team needs to make better
- 13:32decisions. I like to think of it as like
- 13:34what meta would actually show you if
- 13:35they cared about your success. All the
- 13:37key metrics like 3-second stop rate,
- 13:39winning angles, formats, competitor
- 13:40research, it's all built into their
- 13:42platform so you can make quicker and
- 13:43better decisions. They even just
- 13:45launched a new AI agent Run It which
- 13:46functions as a 24/7 creative strategist
- 13:49providing recommendations to your ad
- 13:50account. Y'all make sure to go check
- 13:51them out at motionapp.com. All right,
- 13:53let's get back to the episode.
- 13:54>> Where do you have that education show up
- 13:56in your creator videos and your
- 13:58>> Yeah, the creator videos help. A lot of
- 14:00it's like kind of on the website, but a
- 14:01lot of it's trying to convey that
- 14:03message in that short ad.
- 14:05>> Yeah, yeah, like price anchoring and
- 14:06dollar per serving, right?
- 14:08>> How did you start developing your
- 14:09positioning strategy?
- 14:11>> I think figuring out the price point was
- 14:13one trying to be competitive with energy
- 14:14drinks, right? Back in the day when we
- 14:16were starting we were like, "Okay, well,
- 14:17if Red Bull is 80 mg of caffeine for a
- 14:19can and we're 40 mg, like half a Red
- 14:23Bull but one piece of gum, how do we get
- 14:25competitive to Red Bull's pricing but
- 14:27get a lot more value out of it?" So,
- 14:29we're trying to play around with that
- 14:30pricing model.
- 14:31Obviously, had to make sense for us
- 14:32margin-wise to like, you know, be able
- 14:34to scale up D2C. So, we're like kind of
- 14:37reverse engineering backwards like, "We
- 14:38need this margin to survive to scale,
- 14:41but this is still a value prop better
- 14:42than like, you know, coffee or energy
- 14:44drinks."
- 14:45>> But even from the beginning you were
- 14:46looking at the Red Bulls, the Monsters.
- 14:48>> Those were like our like
- 14:50secondary primary competitors and we're
- 14:52kind of working backwards.
- 14:53>> Not the 5 Gums as an example.
- 14:55>> gums, yeah. And I mean like we I think
- 14:57we built this category, you know.
- 14:59Neuro was like kind of the forefront of
- 15:01trying to put supplementation in gummy
- 15:03mint form. It took so long for people to
- 15:05be like, "Oh, well, that makes sense."
- 15:08And then when we had people try it, then
- 15:09we slowly built this base of
- 15:11subscribers. So, I think we're over like
- 15:13100 plus thousand subscribers up just on
- 15:15D2C like on our e-commerce platform. And
- 15:18those people are like those lifetime
- 15:20value customers that we depend on.
- 15:21>> Was there any like inflection point in
- 15:23the market? Cuz you
- 15:26This was also during the time where the
- 15:28human's the ATT guys were starting to
- 15:30talk about, for example, combining
- 15:31caffeine with L-theanine. Right? And
- 15:34there's a lot of products that got to
- 15:36not piggyback off of that, but it was
- 15:38like the more of culture was starting to
- 15:39get educated around health and wellness.
- 15:41Was there an inflection point that it
- 15:44was almost like the education met what
- 15:45you had created and and there was a
- 15:47rise?
- 15:48>> So, when we first trade Mark Nutrigan,
- 15:50we were like the world's first nootropic
- 15:52gum. That was like kind of the tagline.
- 15:54And then no one knew what nootropics
- 15:55were unless you were like like a
- 15:57Redditor. And Kent, luckily my best
- 15:59friend co-founder, was really big on
- 16:00Reddit and he was talking about like
- 16:02nootropics, our nootropics, and just
- 16:04like kind of talking about our launch on
- 16:06Indiegogo.
- 16:08>> Indiegogo?
- 16:09>> Yeah, we were on Indiegogo.
- 16:11>> That's almost like a LimeWire.
- 16:12>> We couldn't we couldn't we couldn't do
- 16:14Kickstarter, which was a much bigger
- 16:15platform than Indiegogo, cuz they
- 16:16weren't supporting supplements. So, we
- 16:18were like, "We got to go Indiegogo."
- 16:19>> Yeah.
- 16:20>> But, you know, luckily Kent and Tyler
- 16:22were like heavy on that Reddit
- 16:23community. And then we just realized
- 16:25it's too niche. So, how do we go with
- 16:27something bigger? And like energy was
- 16:29always exploding, right? With energy
- 16:30drinks. And at the time it was like Red
- 16:32Bull, Monster, Rockstar. Now you have
- 16:33like Celsius, Alani Nu, and hundreds of
- 16:36brands popping up every year.
- 16:37>> Okay, I have a question for you. Like,
- 16:38why are energy drinks so popular as a
- 16:41category? Not necessarily to the
- 16:43consumer, but everyone is like, "I'm
- 16:45going to get a random celebrity and I'm
- 16:47going to start an energy drink." Is it
- 16:48just the margin profile? Is it the TAM
- 16:50is so big? Like, why is it so popular?
- 16:52>> I ask myself that question all the time.
- 16:54I think the education's there. Every you
- 16:56know, Red Bull's paved the path. They
- 16:58started Red Bull in 1987.
- 17:00>> Yeah.
- 17:00>> Now everybody's like, "You don't need to
- 17:01educate somebody." It's like, "Energy
- 17:02drink? I know what it is." Um I think
- 17:05it's easier to get into the market, but
- 17:07through that process it's so diluted and
- 17:09saturated.
- 17:09>> seems so ruthlessly competitive.
- 17:11>> Like our angle is is like, "Well, energy
- 17:14drinks are usually riddled with sugar,
- 17:15like 30, 40 g of sugar. That's a lot of
- 17:17sugar. Like we have zero sugar in the
- 17:19product. You know, one piece is like
- 17:20half a cup of coffee or half a Red Bull.
- 17:22And people get that it like analogy. So,
- 17:25we kind of anchor ourselves of like,
- 17:27"Hey, you know how energy drinks might
- 17:28not make you feel good, you make you
- 17:30feel jittery? Try this product." And
- 17:32then yeah, we've had success from people
- 17:35just trying like, "Actually, I really
- 17:36like it." And kind of switch over.
- 17:38>> Just a pivot real quick. I think uh we
- 17:40have a ton of like brand operators,
- 17:42founders that watch the podcast. And I
- 17:43think you guys were one of the very
- 17:45first like sort of mainstream Shopify
- 17:48brands to nail TikTok Shop. And you
- 17:50know, kind of create that virality and
- 17:52capture the spillover. Like
- 17:54>> Yeah.
- 17:54>> A, maybe tell us the story of like how
- 17:56y'all got on the platform, what your
- 17:57first 6 months was look like, how you
- 17:59activated what did you say? 1,500 videos
- 18:02a day from creators? Like just give us
- 18:04kind of that little high-level summary.
- 18:06>> I mean, shout out to like Jonathan,
- 18:08Kent, everybody like
- 18:09making that effort to hop onto this
- 18:11platform cuz TikTok was exploding, but
- 18:14TikTok Shop was still in its infancy.
- 18:16And we were financing was very close to
- 18:19be like, "Hey, we're not getting any
- 18:20ROI. We're about to cut this." I think
- 18:22for 4 months in like early 2024, maybe
- 18:25tail end of 2023.
- 18:26>> share like those clear numbers like what
- 18:28you were doing in revenue, spend.
- 18:30>> Like November, December 2023, we were
- 18:32like, "Okay, well, we got to sample
- 18:34NeuroGum to these creators." So, I
- 18:35remember we had a budget of 300 creators
- 18:37that we're going to send free product
- 18:38to.
- 18:39"Please make a video, you know, this is
- 18:41like these are all like the one-pager of
- 18:44like what the attributes of Neuro are."
- 18:46And it was like January, February,
- 18:48March, April, like nothing. And we're
- 18:50just like, "We're just sending all this
- 18:51product free product, we're spending ads
- 18:53behind it, nothing's like working." And
- 18:55then finance team was like, "You know,
- 18:57maybe we should cut it." And then boom,
- 18:59we had like one video go viral. And and
- 19:02then the rest was history. Like we
- 19:04>> Do you remember what the video was?
- 19:05>> It was clipping It was clipping the Joe
- 19:08Rogan content talking about it. And it
- 19:10is like it wasn't us doing it, but it
- 19:12was a good creator talking about the
- 19:14product and then be like, "Hey, what is
- 19:15this product that you're talking about?"
- 19:16>> screening it?
- 19:17>> Green screening thing was really
- 19:18popular. Now like the TikTok algorithm
- 19:20has changed like you can't do the green
- 19:21screening. Um but then they started
- 19:24clipping the Shark Tank episodes and
- 19:26like and we just started to see that
- 19:27like momentum. So 2024
- 19:30we were the fastest growing company on
- 19:32TikTok Shop in the health category. And
- 19:34in 2025 we had 5 billion impressions. So
- 19:37to go from like nothing and crickets to
- 19:39like middle H2 of 2024 to be the fastest
- 19:43growing brand and then using that
- 19:44momentum in 2025 5 billion impressions
- 19:47just gave us so much of this halo effect
- 19:49that translated into website sales
- 19:51but even more so on Amazon. So I think
- 19:54TikTok was still a platform for brand
- 19:56discovery. People are like, "Oh, I've
- 19:57heard about it on TikTok." But they
- 19:59still weren't used to you know
- 20:02transacting on the TikTok Shop platform.
- 20:04So they would be like, "Okay, let me
- 20:05Google it, find it on Amazon." One swipe
- 20:07click and then
- 20:08>> What what were some of those like
- 20:10different concrete metrics? Like we hit
- 20:12a million revenue and we saw like a 25%
- 20:15boost on Amazon. Like do you do you
- 20:17remember any of those?
- 20:17>> There were some days where
- 20:20there were some days where we would see
- 20:23maybe a correlation between every dollar
- 20:26that we made on TikTok was an
- 20:27incremental 40 cents on Amazon. It's not
- 20:30It's not that anymore cuz of the the
- 20:31halo effect is not as prevalent as it
- 20:34used to be.
- 20:35>> ceiling to it.
- 20:35>> But when we saw
- 20:37there was a clear indication is like
- 20:39when we would have a video go viral on
- 20:40TikTok, that day we would have a big
- 20:43increase despite yeah. Cuz we would
- 20:45we've been on TikTok we've been on
- 20:46Amazon for like 9 plus years. So we know
- 20:49what daily averages are like. It's a
- 20:50very consistent channel. Plus we had the
- 20:52subscription base. But then like the the
- 20:55TikTok part was just you would see this
- 20:57clip.
- 20:57>> What are some of the formats that are
- 20:59that were working then on TikTok Shop
- 21:01and now continue to work on TikTok Shop?
- 21:03>> Well, I'll tell you what worked really
- 21:04well back then was like the clipping and
- 21:06the green screening. And I think I think
- 21:07now with like the IP stuff, TikTok's
- 21:09being a little bit more sensitive on
- 21:11violations and they're trying to close
- 21:12that down.
- 21:13And
- 21:14I think they know what that leaky bucket
- 21:16was like when you would see it on
- 21:18TikTok, but then Amazon would get the
- 21:20revenue. So, they're trying to be a
- 21:22little bit more siloed and trying to
- 21:24keep that transaction happening on
- 21:25TikTok Shop.
- 21:27So, the tricky thing right now is like
- 21:28TikTok is kind of a discount platform,
- 21:30so people want to get a deal.
- 21:32But then when you're so big on Amazon,
- 21:34you Amazon has like the buy box. So, if
- 21:37you price your product on target.com,
- 21:39walmart.com, or TikTok lower, then you
- 21:42lose the buy box on Amazon. So, it's
- 21:43almost like this math game of like if we
- 21:46discount it too much on TikTok, but
- 21:47we're getting more volume, but we lose
- 21:49that market share on Amazon, then like
- 21:51how do we find that balance? So, it's
- 21:53like cons it's just kind of like a math
- 21:54>> How did you find the balance? I mean,
- 21:55what was the what was the equation?
- 21:58>> I think what we came to the conclusion
- 21:59is is that TikTok is the best like the
- 22:02undisputed champion for brand awareness.
- 22:05So, for us to continue to reach new
- 22:06customers, TikTok is still that
- 22:08platform. Of course, we're on meta,
- 22:10we'll do stuff on Instagram, but TikTok
- 22:12is the king. And so, when we have like
- 22:14brand campaigns with TikTok, we'll
- 22:16participate in it, but we're very
- 22:18sensitive with the team up front like
- 22:20this is the most that we can discount
- 22:21and you can do further couponing or
- 22:23whatever on your back end, but this is
- 22:25the lowest price that we can advertise
- 22:26without messing up our Amazon business.
- 22:28So, it's like being in constant
- 22:29communication. And I would say
- 22:32shout out to the TikTok team because
- 22:33then we have this like internal
- 22:35relationship that we have that we don't
- 22:37have with Amazon, even though Amazon's
- 22:38much bigger channel. Like we can we
- 22:40we're on like large groups
- 22:42with like our direct account managers
- 22:44and like the head of health on TikTok to
- 22:47be able to like help troubleshoot some
- 22:49of the issues that we have. So, being
- 22:50able to have that constant like point of
- 22:52contact makes it makes a huge
- 22:54difference.
- 22:54>> I mean, that that's always like one of
- 22:55the biggest questions any brand has is
- 22:57like they're at least somewhat aware
- 22:59that TikTok is this discount platform.
- 23:01They're at least somewhat aware that
- 23:02it's a brand awareness pro- like
- 23:04platform, but at the same time they're
- 23:05like, "Okay, well, do I go 30% off here
- 23:08and then like I need to recoup like an
- 23:10extra 8% a day on Amazon like just kind
- 23:13of building out that equation is such a
- 23:16challenge for people when they're in the
- 23:18dark.
- 23:18>> 100%.
- 23:19>> Obviously, you have a lot of like
- 23:20historical data now on TikTok Shop, so
- 23:22you can make much more educated
- 23:23decisions, but
- 23:24>> say there would be certain brand
- 23:26campaigns that we did with like, you
- 23:28know, uh the spring campaign or um like
- 23:32the new flavors we launched exclusively
- 23:33on TikTok like December 2024, like the
- 23:36wintergreen spearmint flavors that we
- 23:37had.
- 23:38That we launched exclusive on TikTok for
- 23:40like a month and we were promoting it
- 23:42and we're discounting it way more than
- 23:43we can even discount on a website cuz
- 23:46like TikTok would then have subsidies,
- 23:47right? They'll be like, "Hey, like you
- 23:49put in this much ad dollars, like we'll
- 23:51help subsidize and cover some of that
- 23:52cost." Or else like we would be losing
- 23:54money if we were to do that same pricing
- 23:55on D2C. So, I think those days are
- 23:58starting to dwindle down cuz TikTok
- 24:00needs to make money as a platform, but I
- 24:02think we got lucky to ride that wave,
- 24:04but I still see new brands popping up. I
- 24:06see new brands popping up every week
- 24:07that go viral. Now it's a matter of like
- 24:10do you have a strong enough supply chain
- 24:11to be able to like, you know, ride that
- 24:13momentum cuz I've I've seen companies go
- 24:16viral and then they can't keep up with
- 24:17the supply and then the demand fades and
- 24:19they make the supply and then, you know,
- 24:21>> Now, y'all already know we are super
- 24:23skeptical on this show about most AI
- 24:24tools promising the world. They have
- 24:26flashy demos, huge promises, and
- 24:28ultimately under-deliver. But, I do have
- 24:30to tell you about one that has blown me
- 24:31away and saved my team countless hours
- 24:33of time and that's Rich Panel. Imagine a
- 24:3524/7 customer support engine that
- 24:37handles all of your tickets seamlessly,
- 24:39escalates anything requiring human
- 24:41intervention, and here's the best part,
- 24:43upsells your customers in the process.
- 24:45Their onboarding process is frankly one
- 24:46of the craziest things I've ever seen.
- 24:48You input your brand and within 15
- 24:50minutes it has full context on the
- 24:51latest drops, product information, and
- 24:53plugs into all of your apps. That's not
- 24:55even to mention the cost savings.
- 24:57They're like three times more affordable
- 24:58than their competitors. I couldn't
- 25:00recommend this enough. So, if you're a
- 25:01brand looking to turn support into an
- 25:03asset, go check out richpanel.com and
- 25:05tell them we sent you. Talk about the
- 25:06parallel path between like your
- 25:08explosion in popularity, retail
- 25:09interest, and then like reaching mass
- 25:12retail now. The Rogan thing happens, the
- 25:15brand is blowing up. The TikTok shop
- 25:17inflection point. When were retailers
- 25:19knocking on the door, and then when did
- 25:21that flip to now you're a darling in
- 25:23retail, and they're like, "How do we get
- 25:25you into Costco in some bundle, some
- 25:27big-ass like Neuro Gum Pez dispenser
- 25:29with a Joe Rogan head on it?"
- 25:30>> I think
- 25:32I mean, we've been knocking on We've
- 25:33been working on Costco for a while,
- 25:35like, you know, a couple years, but
- 25:37timing wasn't right. Also, we weren't
- 25:39dialed in on supply chain yet to be able
- 25:41to handle Costco.
- 25:43But, I would say, you know, 6 years ago
- 25:45with the Joe Rogan Shark Tank, we had
- 25:47like low single digits, like you like US
- 25:50brand awareness. Like, unaided brand
- 25:51awareness would be like, you know, 3 4%,
- 25:54so maybe 3% of the country would know
- 25:55what Neuro Gum is, or maybe have heard
- 25:57about it. Now, fast forward, we're like
- 26:0016%.
- 26:01And it's like we became orders of
- 26:03magnitude higher, and I would attribute
- 26:05that to TikTok.
- 26:06Um so, it was like not the content
- 26:08wasn't new. It was like taking the Rogan
- 26:10Shark Tank, and then founder content did
- 26:12really well.
- 26:13And so, that like TikTok was a huge
- 26:15change. So, then now when you had 16%
- 26:17compared to 3%, there's a higher chance
- 26:19that retailers and the buyers have heard
- 26:21about us. So, they're like, "You know,
- 26:23my neighbor takes this, or my kids take
- 26:24this.
- 26:25Um or I really love this product. I just
- 26:28don't know where to put you on shelves."
- 26:29But, I think, you know, in the 10 and
- 26:301/2 years, we have a lot of data on CVS,
- 26:33Whole Foods data, now Walmart data. And
- 26:36so, now retailers are coming in like,
- 26:37"Hey, we could put you here." And then
- 26:39it's like we went We would go from like
- 26:41normally opening an account with a
- 26:43couple hundred stores to now like
- 26:447-Eleven will be in 6,500 stores like
- 26:46off the gate. You know, Casey's like
- 26:48from zero to 2,500 doors like out the
- 26:50gate. So, I think it's just a
- 26:53combination of timing and luck and
- 26:55getting like the retailers confident
- 26:58enough to where okay, I've heard about
- 27:00this brand, I've tried it, I like it.
- 27:02I've also seen the data and I'm willing
- 27:03to take that bet on you guys.
- 27:04>> How was your marketing budget allocation
- 27:06shifted from performance to brand as
- 27:09you've entered more doors and like grown
- 27:11in revenue?
- 27:12>> I think it's a proxy cuz as we've
- 27:14increased subscription revenue, we have
- 27:16kind of this baseline. So, we know if we
- 27:18pull 100% of marketing, we have a steady
- 27:20business.
- 27:21And so as we're able to pull some of
- 27:23that e-commerce into retail. So, this
- 27:24year
- 27:25you know, our focus is to be maybe 35
- 27:2740% of our total revenue into retail, we
- 27:30have to pull a lot of that into like
- 27:31retail spend. So, for us to launch
- 27:34Walmart in like almost almost
- 27:36nationally, it's a huge investment up
- 27:39front. And it's a huge invest- an
- 27:41investment up front before getting that
- 27:42like initial PO paid. So, we're kind of
- 27:45moving budget allocation. So, it's a
- 27:47constant discussion cuz e-commerce is
- 27:49like, "Well, like we have certain KPIs
- 27:51we want to hit."
- 27:52But as a team, we have a a a total
- 27:55revenue goal. It doesn't matter where
- 27:56the revenue is coming from. So, because
- 27:58retail is the big bet for us this year,
- 28:00we're just moving allocations around to
- 28:02support retail.
- 28:03>> What's kind of like your spend breakout
- 28:04by channel?
- 28:05>> And what's the goal for each channel as
- 28:06uh that then I'm curious about? Like are
- 28:08you looking at TikTok and be like,
- 28:09"Okay, this is going to be more of our
- 28:11awareness or driving foot traffic.
- 28:12Instagram, we're looking at it for this.
- 28:15Influencers partnerships we're hoping
- 28:17does X."
- 28:17>> I mean, we use so many of these data
- 28:19platforms to kind of calculate like
- 28:21individual ROAS per channel, but like
- 28:24the best way to look at it and my
- 28:25recommendation is to just look at it as
- 28:27like e-commerce as a whole. Because if
- 28:29TikTok is your brand awareness play, the
- 28:31ROAS might not be there. But if you pull
- 28:33back from that, then you'll see your
- 28:34ROAS go down on Amazon. So, I think it's
- 28:37best if you're on multiple channels,
- 28:38website, Amazon, TikTok, maybe even
- 28:40Whatnot, just looking at it as a
- 28:42combined entity.
- 28:44Um but retail is a is a wild card. We're
- 28:46still trying to figure that part out.
- 28:48But some someone like Walmart is like
- 28:50here you're going to enter this store.
- 28:51You're going to have to put half a
- 28:52million dollars minimum to support this
- 28:54ad credit.
- 28:55It It's like a pay-to-play. Unless you
- 28:57put in that half a million dollars,
- 28:58they're not going to also give you that
- 28:59end cap. Yeah, it's crazy.
- 29:00>> same with like Roundy's at Target.
- 29:02>> Yeah, Roundy's exactly exactly.
- 29:05>> But you pay to play.
- 29:06>> say that.
- 29:06>> If you If you paid I think when you paid
- 29:09to play, then they'll also the buyers
- 29:11want to see like okay you're investing
- 29:13in this platform. We'll have like a
- 29:14Times Square billboard coming out with
- 29:16our friends who's like hooking us up
- 29:17with some spots and like if the buyers
- 29:20see that they're like oh you guys are
- 29:21doing out of home advertisement that's
- 29:24going to also drive to Walmart.
- 29:26And you know we're working with a couple
- 29:27big celebrities like you know Andrew
- 29:29Schulz is a celebrity partner, Yuki
- 29:31Tsunoda the Formula 1 driver for Red
- 29:32Bull, you know Jimmy like we're going to
- 29:35be like hey can you push some content
- 29:37that says like we're going to be at
- 29:38Costco Walmart. Send those clips to the
- 29:40buyers and be like hey we're getting
- 29:41some of the biggest celebrities in the
- 29:42world to talk about how to buy Neurogum
- 29:44but at your stores. So all these things
- 29:46like add up incrementally and I think it
- 29:48comes down to like just a good
- 29:49partnership on both sides but also the
- 29:51relationship.
- 29:52>> I mean
- 29:53we have the product right here. We can
- 29:55see it in the wide shot. We'll put that
- 29:56on camera like you guys just kind of
- 29:58went through a big packaging brand
- 30:00refresh because of this retail.
- 30:02>> to say it's cuz of retail.
- 30:04>> A big part of it was retail.
- 30:05You know our current packaging I think
- 30:07looks great simple but I think we just
- 30:09stepped it up. It looks a lot cleaner.
- 30:11Just you know it allows us to expand a
- 30:12lot more in terms of like product
- 30:14offering and flavors.
- 30:16So before we had the flavor represented
- 30:18as a color but we're like if we expand
- 30:19more flavors we're going to run out of
- 30:20colors.
- 30:21So what we did instead is like we picked
- 30:24the set color for that function. So if
- 30:26memory and focus is this like light blue
- 30:28>> Yeah, you want to create the association
- 30:29with the benefit.
- 30:30>> Yeah, and then the energy one's always
- 30:31going to be this like like our neuro
- 30:33blue and then from there we have like
- 30:35the sub like subset colors that
- 30:37represent the flavor. So peppermint,
- 30:38spearmint, cinnamon,
- 30:40uh wintergreen. So we had that just like
- 30:44like almost like design psychology. And
- 30:46then now that we have this like format
- 30:47and process, it's going to allow us to
- 30:48expand more more functions along the
- 30:50way.
- 30:51>> I think there's some things to pay
- 30:52attention to as well where this feels
- 30:54like a supplement.
- 30:55>> Yeah. Yeah, like just from overall
- 30:57packaging is standing out in a
- 30:58supplement.
- 30:59>> Yeah.
- 30:59>> Um, it pops out, too. I think I yeah,
- 31:02our team did an amazing job with the the
- 31:04packaging.
- 31:04>> Like you put this next to, for example,
- 31:06like you could put this next to you know
- 31:07the company Seed?
- 31:08>> Seed probiotic?
- 31:09>> Yeah, yeah, yeah, yeah, yeah.
- 31:10>> It's like it's a green pill.
- 31:12>> Green pill. But it's like almost like
- 31:13the same pack like not same packaging,
- 31:15but again, like it just it fits on the
- 31:17shelf with a with a supplement brand,
- 31:19which going back to your positioning is
- 31:21is key.
- 31:22>> I'm about to take this one and just lock
- 31:23in so hard for us this episode.
- 31:25>> This one's all right. I do I love the
- 31:26memory and focus product because for me,
- 31:28ironically, I'm caffeine sensitive, even
- 31:30though it's, you know,
- 31:31>> No, insanely ironic.
- 31:32>> Well, that's why the L-theanine's in
- 31:34there.
- 31:34>> So, we have the L-theanine, but then the
- 31:35memory and focus one uses 50 mg of like
- 31:37clinical-grade ginseng. So, it's called
- 31:40>> Cereboost. Tastes so good.
- 31:41>> It's really good.
- 31:43200 mg a day, clinically shown to
- 31:45improve working memory. So, the the
- 31:47company that we license this uh, ginseng
- 31:50from has done a ton of research behind
- 31:52it. It's our most expensive active
- 31:53ingredient.
- 31:54>> How do you test products?
- 31:56>> All science-based. So, um, I mean, for
- 31:59us to do a product and launch in the
- 32:00market, at least takes like a a year in
- 32:02R&D, at least. And so, like we have to
- 32:04look at all the the active ingredients,
- 32:06where we're sourcing it, if there's any
- 32:07claims. So, this instead of like a
- 32:09normal ginseng, the Cereboost one, we do
- 32:11a lot of data and analysis on like this
- 32:13company, how they're sourcing it, the
- 32:14papers.
- 32:15And then of of course, we have to put it
- 32:17in the product and see if it
- 32:18>> clinical trials?
- 32:20>> Uh, we did a white paper study with
- 32:21Harvard MIT back in 2020. Um, but we
- 32:24haven't done any other formal clinical
- 32:25trials.
- 32:26We would love to, though.
- 32:27>> I'm uh, I'm super curious. I mean, like
- 32:29so, obviously Grüns just got acquired by
- 32:31Unilever. And I mean, probably one of
- 32:34the biggest like mafia-ruled rackets of
- 32:37all time is like what Mars has in
- 32:39distribution and you know with Hudson
- 32:41News and everything like the gum world,
- 32:43right? Like five gum, Juicy Fruit,
- 32:44whatever. I don't think we've really
- 32:45seen a lot of disruption
- 32:47on that shelf in decades. I mean five
- 32:50gum was probably the most recent that I
- 32:52actually like have
- 32:52>> and that was more like a packaging play.
- 32:54>> Yeah, yeah, and they did like I mean
- 32:55they were like crushing the brand those
- 32:57ads in like '06 were going crazy.
- 32:59>> The five senses. Yeah, they did a really
- 33:01good job.
- 33:02>> But um
- 33:02>> And it broke into like middle school and
- 33:04high schools. Like it was like this
- 33:05assembly in in middle school. I remember
- 33:07so like
- 33:07>> You had a razor? You were chewing five
- 33:08gum?
- 33:09>> Yeah.
- 33:09>> You know, you were on the playground
- 33:11>> Yeah.
- 33:11>> going crazy.
- 33:12>> Motorola razor, you had T-Mobile
- 33:14Sidekick 5 and and some five
- 33:16>> You're talking about how you were
- 33:16shaving for the first time.
- 33:18>> a Sidekick. You might have a Sidekick.
- 33:19>> Yeah, yeah, Blackberry if you're lucky.
- 33:21Um but like M&A in this category like is
- 33:25is the well, and I mean share whatever
- 33:27you're comfortable with, but like is it
- 33:29going with a Mars? Is it going with
- 33:31someone like that or is it coming after
- 33:34them because obviously they have the
- 33:36distribution locked in, but you're kind
- 33:38of in the supplement category like
- 33:39>> That would be like the logical choice. I
- 33:42mean, without going into too much detail
- 33:44like we had talked to some of the
- 33:46biggest energy drink like family offices
- 33:49in the world to talk about a partnership
- 33:51or an investment. And then we looked at
- 33:54like your traditional
- 33:55kind of like CPG holding companies, too.
- 33:58And then you know, we found an amazing
- 33:59partner that owns and runs our gummy
- 34:01mint manufacturer and that felt like the
- 34:03right play for us cuz we wanted to be
- 34:05more bit vertically integrated. We
- 34:07wanted to be able to control the supply
- 34:08chain. Um Mars and Wrigley I think, you
- 34:11know, as like a private company,
- 34:12incredible incredibly well run. Um
- 34:15Daniel Lubetzky, who's one of our
- 34:16friends and mentors
- 34:17>> Yeah, yeah. Hi Mark.
- 34:18>> Hi, founder of Kind Bar.
- 34:20He's now like the main judge on Shark
- 34:21Tank. I I told this story a while ago,
- 34:24but you know, six years ago when we did
- 34:25Shark Tank, right after we aired, we got
- 34:27a trademark lawsuit uh from a drink
- 34:30company called Neuro. And
- 34:33like I was freaking out cuz like we're
- 34:34on a high from the Rogan and Shark Tank
- 34:36content and now like I have a trademark
- 34:37lawsuit. I'm going to file for
- 34:39bankruptcy.
- 34:40>> the lows and lows of business, baby.
- 34:41>> Literally the highs and lows and like
- 34:42within like the month of April 2020, I
- 34:44was like, "Oh my god, we're going to
- 34:45lose this business."
- 34:47And signed away basically these massive
- 34:49retainers for legal to like defend. And
- 34:51I just remember Daniel Lubetzky was
- 34:53like, "Hey, on the show, by the way." He
- 34:55was like, "If I really like you guys, if
- 34:56there's anything you guys need, like I
- 34:58feel like it will cross paths." And I
- 34:59was like, "Is this for real? Like is he
- 35:00saying it just on the show?" But like I
- 35:02had nothing to lose. So hail Mary, I
- 35:04DM'd Daniel on Instagram. And that was
- 35:06on a We just did a Shark Tank update
- 35:08episode a month ago.
- 35:09>> Oh, no way.
- 35:10Those are always fun.
- 35:11>> It just come We're like the I think the
- 35:13first company in Shark Tank history to
- 35:14not take a deal on camera and still get
- 35:16an update episode.
- 35:17But we told the story of Daniel and I
- 35:19DM'd him and I told him the whole
- 35:20scenario and for 18 months he helped
- 35:22defend and he talked to the person suing
- 35:24us, the CEO of the company, their legal
- 35:26team, our legal team and we settled. And
- 35:28like we own this gummy bear category.
- 35:30We're able to keep name cuz they wanted
- 35:33to bully us to change the name.
- 35:35But through that process, um
- 35:37yeah, it was
- 35:39insane. Like Daniel was the goat to help
- 35:41us.
- 35:42>> That's awesome. Yeah, friends in high
- 35:43places.
- 35:45>> So nice. And don't be afraid to reach
- 35:47out to people cuz you never know if
- 35:48they're going to answer or not, but I
- 35:50had nothing to lose. I was like, "Hey
- 35:51Daniel, I hope you're doing well.
- 35:53Uh I don't know if you remember me from
- 35:54Shark Tank and you said uh if I could
- 35:56reach out to you if I had some advice.
- 35:58Uh I really need your advice on
- 35:59something." And that was like literally
- 36:01like what I I texted him.
- 36:02>> That's awesome. He came back to me.
- 36:04That's awesome. What uh what's next?
- 36:06What's the future? Like what are you
- 36:07guys really excited about from, you
- 36:09know, I mean you've always been kind of
- 36:11ahead of the curve, you know? So is it
- 36:12live shopping? Is there like new
- 36:14incremental categories in marketing that
- 36:16you're excited about? Share
- 36:17>> I think for us this year is
- 36:18distribution.
- 36:19>> Yeah.
- 36:20>> Like I we did a really good job kind of
- 36:22educating consumers
- 36:24um in like the 16% that know about the
- 36:26brand, but now how do we get that
- 36:27incremental, you know,
- 36:29huge pop pop size of the pie, and a lot
- 36:32of them just haven't heard about the
- 36:33brand cuz they're not on social media or
- 36:36our ads or our content isn't targeted
- 36:38toward them. So, I think when we're
- 36:39getting into the Costco, Walmart's,
- 36:41Target's of the world,
- 36:42that's going to change the game. And And
- 36:45it never gets old cuz we were just at
- 36:47dinner last night and like two of the
- 36:48people in the front, like the hosts,
- 36:50like were like, "Oh my god, like we love
- 36:52NeuroGum." And we're going downstairs
- 36:54and there's security outside and they're
- 36:55filming like a music video and we're
- 36:56talking about Neuro and the security
- 36:57guard like with like an armored like
- 36:59armored vest pulls out like literally
- 37:01>> You think he's pulling out a gat?
- 37:02>> Yeah, yeah, yeah. Yeah, I was like,
- 37:03"What are you pulling out?" It was like
- 37:04literally like a random container and
- 37:06we're like, "That's not NeuroGum." He
- 37:07opens it and it's like pack of like
- 37:09pieces of NeuroGum that he pops in there
- 37:11because like he wanted like a different
- 37:12packaging to fit in his pocket.
- 37:14>> Yeah.
- 37:14>> And so, it's like that will never get
- 37:16old for us. And so, like how do we do
- 37:18that and just continue to grow as a
- 37:19brand cuz
- 37:21our dream is like what Red Bull did to
- 37:22create the energy energy drink category.
- 37:25Like we want to be the Neuro wants to be
- 37:28the the category leader.
- 37:29>> Functional tablet.
- 37:30>> Yeah, functional gum and mint, so that's
- 37:32the dream and the goal. And
- 37:34you know, we've been at it for 10 and
- 37:351/2 years. I I'd say the next 10 years
- 37:37are going to be really interesting for
- 37:38us.
- 37:38>> Nice. That's awesome, man. Well, thanks
- 37:40so much for coming on the pod. Dude,
- 37:41thanks for having me, man. Yeah, that
- 37:43was awesome. So,
- 37:45we definitely could. I'm going to keep
- 37:46trying to pry more into the into the
- 37:48business though. Well, cool. Uh tell
- 37:50them where we can find you. I mean, I
- 37:51think everyone knows, but go buy
- 37:52NeuroGum on Amazon or where do you want
- 37:54them to buy it?
- 37:55>> Do you want retail? I think
- 37:56>> I think you want that retail the retail
- 37:57push right now.
- 37:58>> Um well, check us out at
- 37:59www.neurogum.com.
- 38:01Uh Amazon, make sure you buy from our
- 38:03like actual like NeuroGum page. And then
- 38:07TikTok shop, if you buy from our page,
- 38:09like you're not going to get a lot of
- 38:10these fake sellers cuz we've been
- 38:12getting a lot of people trying to
- 38:13imitate us, like literally copy our
- 38:14brand. So, if you go with our branded
- 38:17page, like you'll get the real thing.
- 38:19And
- 38:19at retail, CVS, Whole Foods, and then
- 38:21Walmart, and then soon Costco.
- 38:23>> Nice, and follow you on Instagram?
- 38:25>> Yeah, Instagram just Neurogum.
- 38:26>> Okay, all right.
- 38:27>> Awesome. Thank you guys.
- 38:28>> Thanks for coming, man.
- 38:29>> Thanks for coming. Appreciate it.
- 38:32>> [music]
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