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Capitalism.com with Ryan Daniel Moran

Tero Isokauppila: Amazon's #1 Coffee Seller Shares His Secrets

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneur, Amazon, Lifestyledesign, Investing, Startup, Ryandanielmoran, Finance, Cashflow, Freedomfastlane, Lifestyle, Business, Passiveincome, Financialfreedom, Entrepreneurship

4.8793 Ratings

🗓️ 20 November 2023

⏱️ 67 minutes

🧾️ Download transcript

Summary

Tero Isokauppila shares his journey going from $1 million to over $50 million in revenue with Four Sigmatic. He talks about bootstrapping the company, working for 2.5 years without taking a salary, and the key strategies that helped him grow.

 

Tero gives advice on building the first 100 raving fans, focusing on product-market fit early on, preparing for retail expansion, and more.

 

To join us at the next CapCon visit:

 

http://www.Capitalism.com/CapCon

 

To learn more about creating your own path to $1 million sign up for our FREE 30 day mini series at:

 

http://www.Capitalism.com/Million

 

Resources mentioned in this episode:


Four Sigmatic: https://www.foursigmatic.com/

 

Blue Ocean Strategy book: https://www.blueoceanstrategy.com/books/blue-ocean-strategy-2/

 

Rep Lo: https://www.replo.app/

 


Timestamps:

 

(2:00) - How Tero Made His Money

 

(6:14) - Sharing Revenue With Early Employees

 

(8:29) - The Tim Ferriss Effect

 

(15:00) - Scaling Four Sigmatic

 

(19:30) - Tero’s New Venture

 

(21:15 )- The Blue Ocean Strategy

 

(27:00) - How Tero Would Launch In 2024

 

(33:00) - Getting 100 True Fans

 

(43:00) - Standing Against Something

 

(53:00) - The Power Of Saying No

Transcript

Click on a timestamp to play from that location

0:00.0

A year ago, he decided he wanted to be the number one coffee on Amazon, and he's already

0:09.5

outselling Starbucks, Dunkin' Donuts, and McDonald's. And he did it without raising a ton of capital

0:15.3

and by mostly flying under the radar. Taro Isocopola is the founder of Four Sigma. That's the mushroom coffee that you see

0:23.2

all over the country. Tara and I go deep into where we are in the cycle of e-commerce. What's working now

0:29.4

and what he would do if he was starting a brand new business in 2024. If you're watching this,

0:34.5

pay attention to how Tara was doing just a million dollars in revenue a few years ago.

0:41.0

Fast forward, and he has over $50 million in revenue.

0:44.7

And he talks about how he made that transition.

0:47.4

And guess what?

0:48.4

The first milestone for all of you who want to be successful, eight and nine figure entrepreneurs,

0:55.5

is to just get to your first million. And you can do that by getting four products to 25 sales a day at a

1:00.6

$30 price point. And we help people do that inside of our mentorship community, which is called

1:04.8

the 1%. You can download our free resources and find out what we do below this video and at

1:10.2

capitalism.com slash one.

1:12.0

Now let's dive into how you go from one million to over $50 million a year with the founder

1:16.6

of four-sigmatic taro isocopola.

1:19.2

Tara, the way that I always like to start these is just to ask, how did you make your money?

1:23.5

Well, money has come in waves. It's not been a linear journey. I can relate. Yeah. I started

1:30.0

working really young. I grew up on a farm. I started working as young as I can remember pocket money.

1:35.1

But at 16, I went to work during high school. I worked nights in a paper factory. Paper unions in

1:41.4

Finland and Sweden where I grew up are really strong so you actually get paid more than

1:45.8

like a doctor so I was working at high school no expenses we don't get driver's license until

...

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