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How One Woman's Soda Addiction Built a $150 Million Beverage Empire

How One Woman's Soda Addiction Built a $150 Million Beverage Empire

FromThe Be Your Own Boss (BYOB) Podcast


How One Woman's Soda Addiction Built a $150 Million Beverage Empire

FromThe Be Your Own Boss (BYOB) Podcast

ratings:
Length:
55 minutes
Released:
Sep 8, 2021
Format:
Podcast episode

Description

Kara Goldin is the founder and CEO of Hint Water, a fruit infused, flavored water with no added sugar, no diet sweeteners, and no calories. The idea actually came from solving her own personal  problem back in 2004.  Kara had been struggling with adult acne, she had extremely low energy, and she was overweight, so she went to see a doctor. But the doctor just told her these symptoms were because her metabolism was slowing down due to aging and he told her the answer was medication. But she wasn’t convinced that pills were the answer, so she reflected on what she was putting into her body on a daily basis.  What she found was that she was addicted to diet soda and she was drinking several cans a day. The fact that it was a diet product had her fooled into believing it was okay for her, but when she read the ingredients and didn’t recognize anything, she knew it had to go. She cut out the drink from that day forward and in three months she lost 40 pounds, had a ton of energy, and her acne was gone. But now the problem was, what would she replace that habit with? Water was too bland and most of the drink products on the shelves were so unhealthy. So she started experimenting in her own kitchen and it all led to what is today known as Hint. Today the company is a $150 million brand.  The importance of curiosity in entrepreneurship Kara has always been inquisitive, even as a child she would ask tons of questions and she always wanted to learn. She was never afraid to ask people questions, and a lot of times she would hear back from people, “oh, I’ve never been asked that before”. She found that throughout school and sports asking questions not only helped her learn, but also allowed her to improve and get better.  A lot of times as we get older we have curiosity pushed out of us, especially once we get into the corporate world. In school we’re taught to get the right answers and not make mistakes, but as entrepreneurs it is critical to be curious. When we get into a role where we are doing the same thing over and over day after day, that’s when we get burned out, that’s when we get disengaged, and when work becomes something we dread.  We all need to be constantly learning, growing, exploring, and developing.  What Kara learned from her innovative father Kara’s dad worked for Armour Food Company while she and her siblings were growing up and while he had a lot of great ideas for new, inventive products he tended not to share them at work. But Kara’s mom decided to go back to work at the age of 45 and so it was up to her dad to figure out dinner for five kids every night. And being that he worked for a food company, he came up with an idea for frozen dinners that would actually taste good.  Her dad ended up hiring a woman to help him develop this new product, her name was Julia Child. And the two of them experimented and came up with a product known as Classic Dinners, now known as Healthy Choice.  Watching her dad, Kara realized how hard it is for someone who is naturally curious, creative, and innovative to be inside of a large corporate company, because they don’t tend to accept those characteristics very easily. Trying to get a large company to change something a lot of times is like trying to turn a huge cruise ship in the opposite direction, it’s very hard.  She also came to realize the importance of storytelling as a way to connect to customers. “I actually got a phone call from an advertising agency about a year ago that was working closely with Conagra on redeveloping some packaging. And they said they were looking for my dad. And I told him that he had passed away, and what were they going to ask them? And they said, you know, your dad was one of the first to actually use storytelling as a way to make consumers understand the brand. And he was, I mean, he put these stories on the back of the package and I’d be like, Oh, my God, dad, who cares about these stories. But people really did care and they'd remember these stories
Released:
Sep 8, 2021
Format:
Podcast episode

Titles in the series (99)

Blake and Jacob Morgan met at a conference ten years ago and it was love at first sight. One month later Blake packed a suitcase and moved to SF to be with Jacob. They've been inseparable ever since but it wasn't always easy. They have weathered many disappointments and wins together whether that was short-term jobs, layoffs, failed businesses, rejections and everything in-between. They've taken their critical lessons learned and turned them into a new co-hosted podcast teaching you to Be Your Own Boss, because that's exactly what they've each done in their own way. Jacob has had his own business for 13 years, and Blake for almost 5. They both laughingly deem themselves unemployable, and have figured out how to work for themselves. They want to give you the short-cuts so you don't have to struggle. Jacob has written five published books and Blake has published two books. They have presented at hundreds of conferences, built and sold online products, have their content viewed by millions each year, and even enjoy sitting side by side every single day as they navigate the sometimes unpredictable and rough waters of self-employment. They've learned how to manage entrepreneurship, marriage, parenthood and much more. This podcast brings you the insights and stories on how they did it - Blake and Jacob want to make life easier for you as you navigate your own road to self-employment and entrepreneurship, whether it's a distant dream or something you've already started on now. Connect with us: Website: https://www.byobpodcast.com/  Instagram: https://www.instagram.com/byobpodcasting  Facebook: https://www.facebook.com/thebyobpodcast  Twitter: https://twitter.com/thebyobpodcast  Newsletter: http://www.byobpodcast.com/newsletter