126 - From Struggling Science Teacher to Billionaire CEO with Bang Energy's Jack Owoc
The Kris Gethin Podcast
Kris Gethin
4.9 • 598 Ratings
🗓️ 11 September 2020
⏱️ 73 minutes
🧾️ Download transcript
Summary
Joining us today is Bang Energy CEO Jack Owoc to kick off our business series! Jack went from being a struggling science teacher to the owner of a BILLION DOLLAR BUSINESS. In this episode Kris and Jack discuss the biggest lessons Jack has learned growing VPX, the importance of originality, standing out from the competition and so much more!
Time Stamps
- 3:30 - Filling the void of quality products in the supplement industry.
- 8:00 - The importance of passion over formal education.
- 13:00 - Transitioning from school teacher from entrepreneur.
- 18:45 - What needs to change in the supplement industry?
- 21:15 - What mistakes did Jack learn the most from?
- 39:00 - What makes Bang different from the other VPX brands?
- 44:30 - How the popularity of Bang changed the game for the rest of VPX.
- 49:45 - Jack's best advice for entrepreneurs.
- 1:00:00 - The importance of doing something original.
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Transcript
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| 0:00.0 | Hello everybody, Chris Gethin here and welcome to another episode of the Knowledge and Mileage |
| 0:05.2 | podcast. Now, over the next few episodes, I decided to take a little bit of a meander, a little bit |
| 0:11.8 | of a change and bring to you unbelievable success stories from entrepreneurs. These are from people |
| 0:18.4 | that I personally know and I've seen their companies firsthand |
| 0:22.6 | go from good to great. So how can we learn from these people? How can we apply their knowledge |
| 0:29.3 | or their standpoints that we can be inspired by and take maybe a couple of pointers or maybe |
| 0:35.5 | all of them to apply to ourselves. |
| 0:38.4 | So starting off with this series, I decided to fly out to see my good friend Jack Oax. |
| 0:44.8 | Now Jack has the company VPX that some, maybe some of you may not know of, |
| 0:49.4 | but I'm pretty sure that all of you have heard of the energy drink bang. |
| 0:55.3 | That is like, I believe, the fastest grown energy drink in the US right now. |
| 1:00.9 | Now, about 10 years ago, you'll hear that Jack almost sold his company, |
| 1:07.0 | decided it was going to go in a different direction, but then he thought, you know what? |
| 1:10.5 | No, I'm going to stick it out. There is something in this brand bang that I know will be a huge success and it came to fruition. |
| 1:18.6 | So only some years ago, this gentleman was sleeping on an inflatable mattress in an office and now he's bringing in billions at over a |
| 1:29.3 | billion now per year with the bang brand and it's a lot of fun so you know his |
| 1:34.9 | ambassadors have a lot of fun he brings on a lot of cheerleaders every day at |
| 1:39.4 | two o'clock he samples new products and existing. And one thing that I learned is that he |
| 1:45.3 | doesn't do anything by eight out of tens. He only puts out something when it is a 10 out of 10. |
| 1:52.6 | And this isn't like a founder or CEO that you don't hear about. He is not behind the curtain. |
| 1:58.6 | He really puts himself out there and his characteristic and his |
| 2:02.6 | personality is justified of that. So if you do like this show, please take a minute right now to |
... |
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