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Mitch Hayes (Los Sundays) - Building a Tequila Brand for the Millennial, Focusing on Generating Demand, and a Taste of the Beverage Industry

Mitch Hayes (Los Sundays) - Building a Tequila Brand for the Millennial, Focusing on Generating Demand, and a Taste of the Beverage Industry

FromThe Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands


Mitch Hayes (Los Sundays) - Building a Tequila Brand for the Millennial, Focusing on Generating Demand, and a Taste of the Beverage Industry

FromThe Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing I Brands

ratings:
Length:
33 minutes
Released:
Aug 6, 2020
Format:
Podcast episode

Description

Thank you Joe Tonnos for the introduction to today's guest, Mitch Hayes, founder and CEO of Los Sundays Tequila. Los Sundays is the tequila for the millennial and founded on the principles of Quality, Originality and Style.One book that inspired Mitch personally is The Alchemist by Paulo Coelho . One book that inspired him professionally is Damn Good Advice by George Lois.You can follow Los Sundays on Instagram @los_sundays. You can also follow your host, Mike, on Twitter @mikegelb. You can also follow for episode announcements @consumervc.Some of the questions I ask Mitch -Talk to me about your attraction to entrepreneurship and what led you to founding Los Sundays?What was your approach when it came to taste testings?How did you decide on your first type of Tequila and how do you think about product mix?Your approach from the beginning was thinking about demand first rather than supply and being able to capture demand.How were able to generate demand?What was your launch strategy?Is there pay to play when it comes to drinks in bars and recommendations from bartenders?How did you approach your supply chain from the very beginning?How did you think about your brand positioning?How did you think about growth, offline and online?Why did you choose to fundraise?What was your fundraising strategy?What has been some of the effects of COVID on your business?What's one piece of advice for founders that are planning on starting a food and bev type business?
Released:
Aug 6, 2020
Format:
Podcast episode

Titles in the series (100)

The Consumer VC takes a look into early-stage consumer investing and venture capital. If you are interested in learning about consumer trends, have a b2c business and interested in learning about the fundraising process at the early stage, you have come to the right place.Mike interviews some of the top venture capitalists in the world that focus on B2C and consumer type companies or have a deep track record investing in these categories such as marketplaces, SaaS, social, CPG and non-tech subscription.Mike also interviews founders that are building some of the most disruptive consumer facing companies in the world. The conversation usually includes the insight the founder discovered, fundraising strategy, and the pitch.This podcast also includes bonus episodes. Each bonus episode dives into a particular subject that might not have to due with the fundraise or venture capital, but still would be helpful to founders. For example, a bonus episode on brand strategy or how to construct a board of directors. All bonus episodes will be clearly labeled.For all episodes, please visit www.theconsumervc.com. For updates, you can follow @mikegelb on Twitter.