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The Foundr Podcast with Nathan Chan

339: How GT Dave Started A $1Billion Kombucha Empire From His Bedroom

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 5 January 2021

⏱️ 48 minutes

🧾️ Download transcript

Summary

In this interview, Nathan Chan sits down with GT Dave, Founder and CEO of GT's Living Foods. GT discusses how he built a $1B empire from his bedroom and his journey of being the first seller of Kombucha in the United States. In this interview, GT Dave discusses how he first began selling Kombucha, entering the market with a completely new category of product, and the challenges he faced in educating the market on what his product was.  GT Dave is a firm believer in passion before profit, and his integrity and commitment to health shine through as he discusses his childhood and nutrition, how Kombucha helped his mother through medical issues, and the proven benefits of Kombucha. With a personal net worth estimated at $1Billion, GT Dave’s journey will inspire you to follow your passion and begin building your future, today. Key Takeaways How GT Dave found an interest in Kombucha and how he began marketing it Launching his company from his bedroom, and selling his product using his Dad’s Amex card The challenge of entering the market with a new product and how he went about educating others on an unfamiliar health beverage How GT Dave helped Kombucha to become the global trend it is today GT Dave’s commitment to passion over profit, and what health means to him The importance of validating your product and communicating with consumers His key advice to those who are just getting started, and the questions you need to ask yourself

Transcript

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0:00.0

This is episode number 339 with G.T. Dave of the Founder Podcast.

0:07.3

What you need is thirst. You need to be a thirsty human.

0:11.0

Who is intent on learning. It's a really fascinating exploration of human potential.

0:19.1

The Founder Podcast.

0:22.1

Even the greatest entrepreneurs had help.

0:25.0

If you want to learn from the most successful founders on the planet, you are in the right place.

0:30.7

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Arianna Huffington,

0:33.6

Steve Case, Gary V. Sophia Amarosa, Barbara Corcoran, Damon John.

0:37.7

Learn from the greatest minds in business today with interviews hosted by Nathan Chan.

0:42.3

This is not your average entrepreneur podcast.

0:46.1

The Founder Podcast.

0:53.0

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let

0:59.1

you know that our goal at founder is to help entrepreneurs succeed however we can by giving

1:04.7

away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,

1:13.6

you name it. We put out so much content to help you.

1:18.8

And another interesting project that we're working on right now is partnering with world-class founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach crucial

1:24.8

skills like negotiation, finance, e-commerce, and so much more.

1:31.1

So if you'd like to get access to these free trainings with founders like this, which is 100%

1:37.3

free, just go to founder.com forward slash free.

1:41.3

Okay, so now let's talk about today's episode.

1:44.8

Hey, founder fam, hope you are doing well. Welcome to 2021. I'm talking to you from the past.

1:55.1

I'm backlogging all these intros because I'm going to take a much needed break.

...

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