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- ๐ 2000 stores for this founders juice
๐ 2000 stores for this founders juice
+ the 400M food app caviar ๐ฅ
Hi Guy & Farzan here ๐
Today, we have stories of founders with pear juice, content creation, a food app, plus more. Letโs get into it.
Read time: 10 mins
In the mail:
Founder story: The hangover cure - Bae Juice ๐
Founder playbook: Insights from Open AIโs Sam Altman ๐
Video playbook: The $1.8M/year biz created in 2 years ๐ฅ
Video playbook: The $400M food app Caviar ๐ช
Video short: Some classic Jack Ma advice โก๏ธ
A quote: On the art of selling ๐
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1. Founder story
๐ From Melbourne cafรฉs to Korean pear craze: How Bae Juice's Tim OโSullivan is shaking up the beverage world, one hangover at a time!
๐ "Could be worse!"
โCould be worse,โ says Tim OโSullivan, the man behind the ingenious Bae Juice, a beacon of hope for party-goers everywhere! With a 100% Korean pear juice hangover cure, Tim and his co-founders have painted Australia a whole new shade of 'hangover-free'!
โ Melbourne to South Korea
From the bustling cafes of Melbourne to the buzzing nightlife of South Korea, Tim's entrepreneurial journey is nothing short of a thrilling ride. Raised in a world of hearty laughs and life lessons, his rebel spirit found solace in working in hospitality.
๐ฅ Big milestones
๐ฐ๐ท A lucky South Korean adventure that sparked an 'aha' moment!
๐คฏ A daring leap into the unknown with zero plans, just tattoos and massive dreams!
๐ From giving out free samples to conquering the shelves of over 2,000 stores, including a jaw-dropping range in 987 Woolworths stores!
๐ Weathering the 'out-of-stock' storm during the peak of a global pandemic. A true test of resilience!
๐ก Learnings
Through the highs and desperate lows (imagine the horror of running out of stock during a surge!), Tim learnt the golden rule: When opportunity knocks, fling the door open, even if you've got to hustle hard for that extra cash! It's about diving headfirst, not dipping toes!
๐ Wondering how an Aussie larrikin is redefining the beverage industry, one pear at a time? Dive into the full, unfiltered story of resilience, tattoos, and Korean pears on Founderoo.
2. Founder playbook
๐ Achieving Success with a Startup: Insights from Sam Altman, CEO of OpenAI
๐ "The best products are the ones that people spontaneously want to tell their friends about!" โ Sam Altman, a visionary who sailed from leading Y Combinator to steering OpenAI. His journey isn't just about milestones; it's a playbook for every aspiring founder!
Here's the game plan:
๐ฏ Create a product so good it's irresistible. If itโs not easy to understand and people arenโt raving about it, itโs back to the drawing board!
๐ Aim for markets on the cusp of exponential growthโthink Airbnb or Uber at their inception. Size matters, but timing is often everything.
๐ต๏ธโโ๏ธ Distinguish real trends from fakeโchase genuine customer demand, not fleeting hype.
๐ฃ๏ธ Be the evangelist of your own product; your passion is contagious.
๐ค Maintain a definite view of the future, but dance with the days; flexibility is your friend.
๐ช Embrace the hard startup path. Real problems need innovative solutions, not copycats.
๐ง Build a team that says, "We'll figure it out," and believes it. Positivity, innovation, and a "get things done" attitude are priceless.
๐โโ๏ธ Generate momentumโit's your startupโs lifeblood.
๐ฅ Have a competitive edge that's more than just a sales pitch.
๐ก Traits of top founders? Frugality, focus, obsession, and love. Be all in, in every way.
๐ข Why do startups win? Speed, risk-taking, adaptability, resilience, and seizing market shifts.
๐ The biggest lesson?
Startups flourish not just by what they start but by how they grow - adapting, learning, and thriving in an ever-changing ecosystem. And yes, loving the problem as much as the solution!
Hungry for more insights? Check out the full story on Founderoo.
3. Video playbook
๐ฅ These 2 roommates created a $1.8M/year business in 2 years.
"Join Pat Walls as he explores the success story of Dylan and Henry, college buddies turned entrepreneurs in Chicago, who've crafted a $2M/year enterprise to fuel their passions. Discover how they secure deals with high-profile clients like Ali Abdaal, Will Smith, and Naval, and learn the hidden strategy behind their YouTube content reaching 1 billion views. What sets their business apart? A unique philosophy: prioritize fun, then profit. Dive in to uncover their journey!"
4. Video playbook
๐ช How these students created a $400M food app.
Caviar, conceived by UC-Berkeley students in 2012, transformed from a near-failure to a food delivery success, attracting investors like the Winklevoss twins. Pivoting to an "Uber for food" model, they secured a $50K initial investment. Sold to Square for $100+ million in 2014 and later to DoorDash for $410 million.
5. Video short
โก๏ธ Some classic Jack Ma advice
6. A quote on the art of selling ๐
"Selling is not a pushy, winner-takes-all, macho act. It is an empathy-led, process-driven, and knowledge-intensive discipline. Because, in the end, people buy from people."
All done. How was todayโs newsletter?
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Have a great week. See you next Sunday.
Guy + Farzan ๐
Founderoo
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