4.8 • 31.1K Ratings
🗓️ 25 November 2019
⏱️ 66 minutes
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0:00.0 | Hey, Prime Members, you can listen to how I built this early and ad-free on Amazon Music. |
0:07.0 | Download the app today. |
0:09.0 | New Year's is here, and with it brings the possibility of change. |
0:13.0 | As one behavioral scientist put it, first starts are really powerful. |
0:17.0 | So as you head into 2023, LifeKit is a great resource to help you plan your life and tackle changes, both big and small. |
0:24.0 | Listen to the LifeKit podcast from NPR. |
0:27.0 | I created a list of 25 VCs, and I started emailing. |
0:36.0 | I would say probably 19 got back to me. |
0:39.0 | And out of those 19 when you start to go meet with them, did any of them say, this is awesome, I'm in. |
0:45.0 | Oh no, every single one of those first meetings were like, love that you had the courage to get in here, but this needs work. |
0:58.0 | From NPR, it's how I built this. |
1:00.0 | A show about innovators, entrepreneurs, idealists, and stories behind the movements they built. |
1:08.0 | I'm Guy Raaz, and on today's show, how a former high school track star took inspiration from a casual jog and built outdoor voices, a brand of athletic wear for people who are necessarily athletes. |
1:23.0 | So think for a moment about energy bars. |
1:32.0 | When Gary Erickson introduced Cliff bars to the world in the early 1990s, energy bars weren't as common as they are today. |
1:40.0 | Even in the early 2000s, when Laura American launched Laura bars, there was plenty of room to stand out. |
1:47.0 | But by the time Peter Ray Hall debuted RX bars in 2013, there were literally hundreds of different energy bars to choose from. |
1:55.0 | And trying to differentiate his bar from the thousands of other brands out there would require a different approach. |
2:02.0 | So Peter focused at least initially on the CrossFit community, a relatively niche audience. |
2:09.0 | It was a side door entry into what appeared to be an impenetrable category, but it worked, and eventually those loyal crossfitters helped turn RX bars into a major energy bar brand. |
2:22.0 | This is more or less the playbook that Tyler Haney used to launch outdoor voices. |
2:27.0 | By the time she decided to debut her athletic apparel brand in 2013, lots of people were telling her that the market was saturated. |
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