This guy sold his company to Unilever for $1.2B after just 3 years
My First Million episode 817, in which hosts Sam Parr and Shaan Puri talk with Chad Janis, who says he sold his gummies business, Gruns, for more than a billion dollars in under three years. Chad tells the origin story, saying the gummy idea came in about a day and that he moved to launch within a week of the idea. He argues that new formats win, shares his view of world-class ecommerce marketing, says a better product is usually what separates good from great, and describes how earning trust by doing good work gave him access to mentors and opportunities. Sponsor named in the description: HubSpot. PARTIAL COVERAGE: this note draws on the opening, the origin story, the format and marketing sections, the access discussion and the closing, and may miss details of the roughly 63 minute video. Sales figures, valuations and views on competitors are the speakers' own and not independently checked. Nothing here is financial, investment or health advice.
Executive Summary (TL;DR)
My First Million episode 817, in which hosts Sam Parr and Shaan Puri talk with Chad Janis, who says he sold his gummies business, Gruns, for more than a billion dollars in under three years. Chad tells the origin story, saying the gummy idea came in about a day and that he moved to launch within a week of the idea. He argues that new formats win, shares his view of world-class ecommerce marketing, says a better product is usually what separates good from great, and describes how earning trust by doing good work gave him access to mentors and opportunities. Sponsor named in the description: HubSpot. PARTIAL COVERAGE: this note draws on the opening, the origin story, the format and marketing sections, the access discussion and the closing, and may miss details of the roughly 63 minute video. Sales figures, valuations and views on competitors are the speakers' own and not independently checked. Nothing here is financial, investment or health advice.