GT Dave | The King of Kombucha Comes to the Wolf's Den | The Wolf's Den #97

The Wolf's Den

Jordan Belfort

Society & Culture, Business

4.7 • 1.2K Ratings

🗓️ 1 December 2020

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

GT Dave, the man who built a $900 million company by introducing kombucha to the United States, comes to the Wolf's Den to talk with JB about building a massively profitable brand against the odds. On this podcast, we'll hear from GT about how he created an industry-leading company by selling a product that no one had ever heard of... with a taste that baffled early adopters... and succeeded in creating a new industry. A can't miss podcast for all aspiring entrepreneurs.

Transcript

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0:00.0	Hey guys J.B. here, the Wolf of Wall Street. I am in the Wolf's Den. Got a great
0:10.6	guest today. Interesting guy. Not the average guest I have in terms of
0:15.2	but quirky but I really like this guy it is certainly a world-class entrepreneur and
0:20.0	businessman probably gonna hate me for saying he's quirky because one of the things we go on my podcast he goes, I don't know why people think I'm quirky. I did this thing in Forbes and I kind of got, you know, was walking around like I was Dr. Evil petting a cat or a rabbit or something
0:33.9	anyway I'm speaking about a guy named GT Dave
0:37.5	GT Dave is a founder of a drink that you probably have taken at least once in your
0:42.2	life if not you try kombucha and he has a whole line of products now
0:46.9	He's built a massive organization around this and it's a really interesting story because you know GT Dave comes to entrepreneurship
0:55.2	from a perspective is different than I usually see his was truly a labor of
0:59.9	love something he believed in something he just felt so passionate about, that he felt like
1:04.6	he had to share this product with the world.
1:08.0	And step by step, moved by move, he was able to build a massive organization around that the love of spreading this great product and he became a very
1:16.4	wealthy guy in the process.
1:18.5	So there's a lot to be learned by this.
1:20.9	Listen, I always say, you know, monetizing your passion, that kind, it's like, you know, pipe stream very often. But when it happens, when it is possible, when you have a passion, it really is monetizable, it's amazing if I'm asked you know would you rather
1:34.9	monetize your passion or monetize what I'm good at and is monetizable I'll go for what
1:41.0	I'm good at and is monetizable.
1:42.8	Sometimes what your passion is, it just really doesn't have that much juice to it.
1:46.6	You really can't make that much.
1:48.4	So that's a judgment call you have to make.
1:50.5	Hey, do I want to live my passion and not have much money or that I want to solve the money
1:55.8	problem, building a business or selling something, and then after I've gotten rich, I can focus on my passion.
	...

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