Coconut Water Event Partnership

Jesse Itzler discovered a business opportunity through his involvement in 100-mile endurance races, where he noticed athletes were heavily consuming coconut water. He leveraged this niche market observation into a successful partnership with Zico, which later sold to Coca-Cola.

Key Points:

  • Market Discovery:

    • Found coconut water was popular among ultra-endurance athletes
    • Identified through personal experience in 100-mile races
    • Spotted trend before mainstream adoption
  • Business Development:

    • Hunted down what he believed was the best coconut water company
    • Partnered with Zico brand
    • Helped grow it into a major coconut water brand
  • Exit:

    • Company sold to Coca-Cola
    • Now distributed in Whole Foods
    • Became one of the leading coconut water brands
  • Success Principle:

    • Followed personal curiosity into niche market
    • Found opportunity in uncharted territory
    • Scaled niche product to mainstream market
05:41 - 06:13
Full video: 43:40
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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