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How I Built This with Guy Raz

Vita Coco: Michael Kirban

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.831.1K Ratings

🗓️ 3 August 2020

⏱️ 72 minutes

🧾️ Download transcript

Summary

So—no joke: two guys really do walk into a bar. While sharing a few drinks on a winter night in New York City, best friends Michael Kirban and Ira Liran met two young women from Brazil. That chance encounter eventually led to a business idea: to sell Brazilian coconut water in the US, as an alternative to Gatorade. In 2004, Michael and Ira launched Vita Coco, only to discover that another startup—Zico—was selling a nearly identical product. The two companies went to war, using the time-honored tools of corporate sabotage, but eventually Vita Coco emerged as the top selling coconut-water in the U.S. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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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 years 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

Hey, really quick before we start the show. How I built this is now a book, and it's coming out in a few weeks.

0:34.0

It's full of insights, advice, wisdom, and guidance all told through the stories of some of the most amazing entrepreneurs on Earth.

0:42.0

And if you pre-order the book right now before September 30th, I will send you a signed book plate to put inside the book for free.

0:51.0

To order the book and to get your free book plate, visit gyros.com.

0:58.0

Just a quick heads up before we start the show. There are a couple of swear words in this episode, so you may want to keep that in mind if you're listening with kids.

1:06.0

Okay, now onto the show.

1:09.0

I would go in on my roller blades, because I could hit 50 stores in a day on my roller blades, whereas if I was walking it would be a lot less.

1:20.0

Yeah. One of the early stores I went into, I found the store manager.

1:24.0

First, he's laughing at me because I'm on roller blades, and I'm a sales guy without a polo shirt and a briefcase.

1:30.0

And he takes a sip, and he said, this is never going to work. It's tastes like sock water.

1:38.0

Brahmin VR is how I built this. A show about innovators, entrepreneurs, idealists, and the stories behind the movements they built.

1:53.0

I'm Guy Ross, and on the show today, how Michael Kerbin shipped thousands of cases of coconut water to New York,

2:02.0

fought off a bram that looked just like his, and built Vita Coco, the top-selling coconut water in the country.

2:16.0

You remember that kid in high school who was weirdly interested in business, who had almost no interest in going to college or starting a traditional career,

2:27.0

but was determined to start something on their own? You might have snickered about them or even rolled your eyes, or maybe that kid was you.

2:37.0

Well, that kid was also Michael Kerbin. Michael had the benefit of watching his dad pursue a bunch of different business ideas, including ideas that failed.

...

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