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SaaS Interviews with CEOs, Startups, Founders

He's Buildling Billion Dollar Juicing Empire, 16 JuiceLand Locations Already, EP 268: Matt Shook

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 8 June 2016

⏱️ 15 minutes

🧾️ Download transcript

Summary

Matt Shook, founder of Juiceland: an organic juice business that’s taking over Austin. Listen to Matt and Nathan for insight into a bricks-and-mortar startup that’s becoming wildly successful.

Famous 5
Favorite Book? – Prometheus Rising
What CEO do you follow? — Tim League
What is your favorite online tool? — Gmail
Do you get 8 hours of sleep?— Yes
If you could let your 20 year old self know one thing, what would it be? —Don’t be so afraid of what other people think
Time Stamped Show Notes:
01:20 – Nathan’s introduction
01:36 – Welcoming Matt to the show
01:55 – Founded Juiceland in 2011, after making juice for 8 years
02:33 – New location on 4th street sold 2000 drinks in one day
03:30 – Frost Tower downtown store has triple the sales of anywhere else
05:15 – In 2015, 275 employees at 16 locations
05:40 – Net margin of 5% across the company
06:40 – Makes about 40 cents on a $10 drink
08:20 – Business is all bootstrapped
05:25 – Retainer of $50-75k per month
08:30 – First shop was opened for $15k with a friend
08:55 – ‘I’ve never once looked at demographics’
09:20 – Hoping to have 20 stores by the end of the year
09:50 – Marketing through creating excellent product
11:25 – Connect with Matt on facebook and instagram
12:20 – The Famous Five

3 Key Points:
Focus on creating a fantastic product. It’s the best and most lasting way to get customers.
Don’t worry about what other people think. Focus on yourself and what you’re doing.
Keep an open mind and connect with the people around you.


Resources Mentioned:
Freshbooks - The site Nathan uses to manage his invoices and accounts.
Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
Leadpages – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.

Show Notes provided by Mallard Creatives

 

Transcript

Click on a timestamp to play from that location

0:00.0

This is the top, where I interview entrepreneurs who are number one or number two in their industry in terms of revenue or customer base.

0:09.0

You'll learn how much revenue they're making, what their marketing funnel looks like, and how many customers they have.

0:16.0

I'm now at $20,000 per talk.

0:18.0

Five and six million.

0:19.0

He is hell-bent on global domination. We just broke our 100,000 units sold mark Five and six million. He is hell bent on global domination.

0:21.2

We just broke our 100,000 unit sole mark.

0:23.9

And I'm your host, Nathan Latka.

0:27.6

Okay, TopTribe, every Monday I give one of you $100 to invest in an idea and to get to the top.

0:33.6

To enter, subscribe to the podcast on iTunes now, and then text the word Nathan to 3344 to prove

0:40.4

that you subscribed. Last week's winner was Dr. Paul Vasquez with My Ads Nation, and he

0:49.5

currently is working a full-time job and is dying to get out. Top Tribe, you guys are listed in episode 268.

0:55.8

Be sure to tune in Bright and early tomorrow morning to hear from Steve Sims.

0:59.9

He's the guy that'll help you get on stage with Journey or your favorite A-list celebrity.

1:04.8

He really is a power broker to over 3,000.

1:08.2

A-lister's billionaire and Grammy winners.

1:10.7

Tune in to see how he does it.

1:11.6

He's opened over six,

1:13.1

it's 16 locations in Austin alone and just opened up in Houston along with Brooklyn.

1:19.0

Many of you might have purchased a drink there at Juice Land.

1:22.5

So please help me in welcoming Matt up here on the stage.

1:30.3

With wild chocolate. welcoming Matt up here on the stage. While chugging the on-brand message, right?

1:35.3

I really, I don't drink anything else besides juice, so, you know, it's not like

...

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