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324: How Vital Proteins’ Kurt Seidensticker Generated Insane Consumer Demand For Collagen

324: How Vital Proteins’ Kurt Seidensticker Generated Insane Consumer Demand For Collagen

FromThe Foundr Podcast with Nathan Chan


324: How Vital Proteins’ Kurt Seidensticker Generated Insane Consumer Demand For Collagen

FromThe Foundr Podcast with Nathan Chan

ratings:
Length:
48 minutes
Released:
Sep 15, 2020
Format:
Podcast episode

Description

Kurt Seidensticker, Former NASA Engineer & Founder and CEO, Vital Proteins How did Kurt Seidensticker go from being a NASA engineer to the founder of one of the biggest protein brands in the world? Believe it or not, his career path has been a perfect culmination of experiences—one that has led him to his current position as the CEO of Vital Proteins, a brand that was recently acquired by Nestlé and is expected to generate a quarter of a billion dollars in revenue this year.    Even when Seidensticker was working at NASA as an aerospace engineer, he was constantly running his entrepreneurial brain and thinking up new projects to undertake. After several years of working in a diverse array of industries—from cellular phone systems to high-speed internet—he decided to strike out on his own and started his own data center company and ecommerce platform.    Despite appearing to be completely unrelated businesses, these two companies served as the launching pad that allowed Seidensticker to start Vital Proteins in 2013. His ingestible collagen product took the protein market by the storm and saw over 300% YOY growth in its early days.   In this podcast episode, Seidensticker discusses what led to the incredible growth of Vital Proteins—from having first-mover advantage to finding negotiating power when dealing with retailers. He also shares his best recommendations when it comes to influencer marketing, moving fast, and so much more.    If there’s any other type of content you’d like to see that would be valuable to you during this time, please don’t hesitate to reach out at support@foundr.com.  Key Takeaways Why Seidensticker decided to become an aerospace engineer  The business ideas Seidensticker had while working at NASA and worked on space programs, underneath was entrepreneurial drive How Seidensticker came to work on pivotal projects in the cellular phone systems and high-speed internet space Why Seidensticker decided to strike out on his own How the data center company and ecommerce platform he built became a launching pad for Vital Proteins The experience that led Seidensticker to explore the world of protein, and how he created a whole new category around ingestible collagen How Seidenstricker and his team approach influencer marketing differently  Seidensticker’s school of thought when it comes to the power of product vs. marketing The benefits of operating under the radar and having first-mover advantage How Vital Proteins educated consumers and drove the market for collagen  Why Seidensticker recommends going online before retail, and how he gained negotiating leverage with retailers Details about Vital Proteins’ partial acquisition by Nestlé Why Seidensticker believes in progress over perfection Key Resources From Our Interview With Kurt Seidensticker Visit the Vital Proteins website Find Seidensticker on LinkedIn 
Released:
Sep 15, 2020
Format:
Podcast episode

Titles in the series (100)

We interview hard to reach entrepreneurs. (Mark Cuban, Seth Godin, Tim Ferriss, Tony Robbins, Barbara Corcoran, Daymond John & many more). Unlike most podcast interview series Nathan Chan literally started from knowing nothing. He was just an average guy working in a 9-5 job he utterly hated. He knew nothing about entrepreneurship, nothing about startups, nothing about marketing, and nothing about online or how to build a business. So from launching Foundr Magazine he's gone out and spoken to some of the most successful entrepreneurs and founders in the world in the world to find out exactly what it takes to become a successful entrepreneur, so YOU can learn from them. Why this podcast? Because we're asking the same questions you want to know as an entrepreneur on their journey to building an extremely successful business. We're on the front-lines facing the daily battles you are. How do I get more customers? How do I scale my business? I want to start a business, but just don't know where to start? How did this person get millions of customers and make millions of dollars and have a such a massive impact on the world? Some of these entrepreneurs are very well known, and some not known at all and that’s the cool part! Here we will share with you our best interviews from Foundr magazine showcasing this persons processes, failures, critical lessons learnt and actionable strategies showing YOU how to build a successful business. This is NOT your AVERAGE everyday entrepreneurship podcast.