Thrive Market: Nick Green

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.8 • 31.1K Ratings

🗓️ 12 August 2024

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

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Summary

In 2013, Nick Green set out to solve a vexing problem: in many parts of the country, it’s hard to get access to healthy groceries. As a solution, Nick and his co-founders launched an e-commerce mashup of Whole Foods and Costco, where members purchase healthy foods online at a discount.

When it came time to ask venture capitalists for funding, dozens of VC’s said no–but thanks to hundreds of small checks written by health bloggers, Thrive Market pulled together enough money to launch in 2014. Within a year, the founders had proven the VC’s wrong, but still scrambled to fuel the pace of growth, while keeping the business afloat. Today, Thrive Market has over 1.5 million paid members and, last year, brought in over $500 million in sales.

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Transcript

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0:00.0	Wundery Plus subscribers can listen to how I built this early and ad free right now.
0:05.0	Join Wundery Plus in the Wundery App or on Apple Podcasts.
0:10.0	You know that's the sound of another sale on your online Shopify store, but did you know Shopify powers selling in person too?
0:18.5	That's right, Shopify is the sound of selling everywhere.
0:22.8	Online, in store, on social media and beyond.
0:27.0	Shopify POS is your command center for your retail shop.
0:32.2	From accepting payments to managing inventory, Shopify has everything
0:36.0	you need to sell in person. Connect with customers, in line and online. Shopify helps you drive
0:42.0	store traffic with plug-and and play tools built for marketing campaigns,
0:45.8	from Tik-Tok to Instagram and beyond. Do retail right with Shopify.
0:51.4	Sign up for a £1 per month trial period at Shopify. Sign up for a 1 pound per month trial period at Shopify.
0:55.0	co-dot UK slash built all lowercase. Go to Shopify.
1:00.0	dot co-dot UK slash built to take your business to the next level today.
1:05.0	Shopify dot co-dot UK slash built.
1:09.0	How do I cope with waiting for results?
1:12.0	It's all I can think about. Is the cancer going to come back?
1:17.4	I can't sleep. How do I stop worrying? We know what goes through your head when you're living with cancer.
1:23.5	The questions, the anxieties.
1:25.5	We understand because we've been there too.
1:28.0	If you or someone you care about has been diagnosed with cancer,
1:31.5	Macmillan Cancer Support's online community can help from day one.
1:35.8	It's a free, safe online forum for people with cancer to connect anonymously.
	...

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