Coconut Water Event Partnership
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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:
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Market Discovery:
- Found coconut water was popular among ultra-endurance athletes
- Identified through personal experience in 100-mile races
- Spotted trend before mainstream adoption
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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
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Exit:
- Company sold to Coca-Cola
- Now distributed in Whole Foods
- Became one of the leading coconut water brands
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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: 43:40SP
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.