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The Playbook With David Meltzer

Building a $700 Million Company with Jim Huether

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Business, Careers, Entrepreneurship

4.91.9K Ratings

🗓️ 8 August 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

In today's episode, I sit down with Jim Huether, CEO of Hyperice, a company that has seen remarkable growth in the sports technology and medical industries. Jim shares his journey from a young entrepreneur to leading a company valued at over $700 million. We discuss the importance of attracting top talent and investors through the "bug light" approach, the challenges faced during Hyperice’s rapid expansion, and the lessons learned along the way. Jim also reflects on his leadership philosophy, emphasizing humility, continuous learning, and the power of a strong, collaborative team.

Transcript

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0:00.0

This is the Playbook, where each week I bring you some of the greatest athletes, celebrities, and entrepreneurs to talk about their personal and professional playbook to success.

0:12.0

Welcome to Office Ours, I'm David Melzer,

0:14.0

and we have the Star Studded hosts with me,

0:16.8

Chris, Eric, and Rick.

0:18.6

But I have brought the best of the best

0:20.3

when it comes to getting old, as you guys know, one of the gracious things

0:25.2

about getting older is seeing the seeds

0:27.6

that you may have planted.

0:29.1

And this is one of those, just an incredible young man and entrepreneur. I found out today is 41 years old now.

0:35.8

He's the CEO of Hyper Ice, a company that's grown 20 times since 2020, has raised I believe over 40 million or somewhere in that, almost 50 million,

0:47.8

but also has a valuation of over 700 million dollars.

0:52.1

And young Jim Heather is now the CEO

0:55.4

of this extraordinary company.

0:57.0

Welcome to Office Hours.

0:58.3

Thank you for having me on.

0:59.4

Pumped up to be here.

1:00.3

I'm pumped up to have you because they talk about

1:01.9

planting seeds under trees you may never sit under. Every once in a while you get to sit under one and you're so proud because you see the potential but it's up to them to make it happen.

1:12.9

And I've seen Hyper Ice from the very beginning.

1:16.0

I think I was in the first crowdfunding

1:18.1

and bought one signed by, I forget which the Olympian it was.

1:22.1

But you have learned a lesson that I utilize in my life.

...

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