662: I Bet Everything On Sugar Free Candy — Now It Brings In $100 Million A Year
The Foundr Podcast with Nathan Chan
Nathan Chan
4.9 • 664 Ratings
🗓️ 14 May 2026
⏱️ 54 minutes
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| 0:00.0 | Hey Founder Fam, I want to talk to you about something super exciting. We're officially partnered with Omniscend, the email marketing and SMS platform built specifically for e-commerce founders. We've been recommending OmnisCent to Founder students for a while now because it just works. Whether you're launching your first store or you're scaling the seven figures, it really helps you automate your marketing and get real results. |
| 0:24.0 | Did you know on average, Omnysend customers make $68 for every $1 they spend, which is an insanely good return on investment. |
| 0:32.6 | And because you're part of the founder community, you get 50% off your first three months with the code Founder 50. |
| 0:39.3 | Just head to Omnisend.com forward slash founder without the E to get started. All right, now |
| 0:46.2 | let's jump back into the show. So what happens when you bet everything on a container ship |
| 0:51.8 | full of gummy lollies from Switzerland? get hit with a $250,000 shipping |
| 0:56.0 | bill, and realize you're either about to build a $100 million confectionary empire or lose absolutely |
| 1:01.3 | everything. Well, today's guest is Daniel Kite. He's the founder of Funday Suites, the sugar-free |
| 1:06.1 | confectionary brand that now does over 100 million in retail sales across 8,000 stores in just five years |
| 1:11.5 | in Australia alone. After struggling with his weight throughout childhood and cutting out all sugar, |
| 1:16.7 | Daniel spotted a massive gap in the market and today they sell a fun day product every second. |
| 1:22.0 | So in this conversation, you're going to discover how Daniel convinced Chemist Warehouse |
| 1:25.8 | to submit a purchase order before he even |
| 1:29.1 | had funding, the $50,000 stock mistake that accidentally taught him the power of limited edition |
| 1:34.9 | drops and he's brutally on his take on retail. Why it's not for everyone and how it can destroy your |
| 1:40.1 | D to D to C margins, but why it's the only way to unlock true scale. This is a true masterclass |
| 1:45.9 | in building a CPG brand that plays in both D2C and retail and why sometimes the biggest |
| 1:51.2 | bets pay off when you have no other option but to make them work. |
| 1:57.7 | Hear the stories. Learn the proven methods and accelerate your growth and future through entrepreneurship. |
| 2:04.6 | Welcome to the founder podcast with Nathan Chan. |
| 2:11.6 | Daniel Kite, welcome to the show. So you run a company called Funday Natural Sweets. I'm a massive fan. My brother told me |
| 2:20.9 | about your company. I'd say about two years ago and we started to go to the local IGA, |
... |
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