4.6 • 1.8K Ratings
🗓️ 25 October 2020
⏱️ 15 minutes
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0:00.0 | Welcome to the Jill on Money Podcast. It's Sunday, October 25th. And today we are |
0:09.8 | running the second part of our two-part interview with Kara Golden. |
0:14.2 | She is the founder and CEO of Hint Water. |
0:18.3 | And interestingly enough, Hint Water remains a private company. |
0:22.5 | Why is that we want to know? |
0:24.8 | Here's the rest of our interview with Kara Golden. |
0:27.7 | So you got $150 million in sales or maybe more. |
0:30.7 | And so you got this great company. Why are you still private? Why don't you sell it and move on? |
0:35.2 | You know, I think for me it's really, it was always about health and it was always about building a brand that would really help |
0:46.4 | consumers to get healthy. When people ask me what's it like running a beverage |
0:51.2 | company? Yes we are a beverage company. Yes, we are a beverage company, but we're also really an arm in my mind to consumers to really help them get healthy and you know we've talked to people over the years and I think the biggest issue again going back to the |
1:06.5 | original conversation around the beverage industry unfortunately you know the |
1:11.6 | beverage industry is very tied to some core products that they have that maybe are sitting on the front door. |
1:20.2 | And so I think that the concept of water, yes, it's definitely in the right direction, but it's hard to turn large cruise ships, right? |
1:30.0 | I mean, you have to, I think just just embracing but in the meantime I think that you know we've now |
1:37.3 | built a business that is truly unique I mean 55% of our business is direct to consumer so you can go on our website to order the |
1:45.9 | product which is another thing that we talk about in the book that I had walls in |
1:50.4 | the industry in how I distribute the product because you know so many of these retail grocery |
1:58.3 | stores that are out there what I had no idea until I actually tried to get my product on the shelf. |
2:04.3 | They're basically owned by these large food and beverage companies. |
2:09.2 | And so, you know, for a small company that is just trying to do better for the consumer I mean |
2:16.1 | their chances of actually getting on the shelf and particularly for beverage |
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