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In this episode, we dive into the incredible journey of Drew Henry, founder of Revival Tea Company, the fastest-growing tea company in the U.S. Drew shares his entrepreneurial path, from selling cars and running a media business to nearly launching a whiskey brand before pivoting to tea. He discusses the challenges of building a brick-and-mortar business, surviving the pandemic, and transitioning to a franchise model with ambitious plans for 50 locations in the next decade. The episode also touches on leadership, company culture, and the importance of making business decisions based on logic rather than emotion.
Timestamps:
0:00 Introduction & Drew’s journey to Revival Tea
3:00 From selling cars to launching a business
6:30 The almost whiskey business & pivoting to tea
10:00 Surviving COVID-19 & adapting the business
14:00 Expansion plans: 50 locations in 10 years
18:30 The biggest lesson from scaling a business
21:00 The mistake that almost ended Revival Tea
26:30 Profit vs revenue: The reality of business growth
31:00 Building a strong company culture & hiring process
39:00 How becoming a parent changed Drew’s leadership
47:00 Final thoughts & future of Revival Tea
50:00 How to invest & get involved in their WeFunder campaign
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