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662: I Bet Everything On Sugar Free Candy — Now It Brings In $100 Million A Year
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:56:14
- More information
Informações:
Synopsis
Daniel Kitay put everything he had—his savings, his mortgage, and two months before his first child was born—on a container ship full of sugar-free gummy lollies from Switzerland. When a $250,000 shipping bill landed before he'd sold a single product, he had no option but to make it work. Five years later, Funday Natural Sweets does over $100 million in retail sales across 8,000 stores in Australia alone, selling a product every single second. In this interview, the founder of Funday breaks down how he convinced Chemist Warehouse to submit a purchase order before he had funding, why he deliberately avoided the confectionery aisle to sidestep Nestlé, Mars, and Mondelez, and his brutally honest take on when retail will make you—and when it will destroy you. What you'll learn in this interview: • How Daniel convinced Chemist Warehouse to submit a purchase order before he had a single dollar of funding • Why a $250,000 shipping bill with no backup plan was the moment that forced Funday to work • The