Ryan Tierney, Founder & CEO of Lo Siento, joins MONEY TALKS with Jesse to chat about launching a tequila brand, competing with A-List celebrities, getting into major retailers, and the best marketing strategies. Stay tuned after the episode to watch Ryan & Jesse sample the tequila at a local vendor and discuss pricing the product.
TIMESTAMP:
[00:00:40] Starting a tequila company.
[00:04:04] The numbers behind Lo Siento.
[00:06:02] The business model of Lo Siento.
[00:07:18] Getting into grocery stores & big chains
[00:10:44] Competing with A-List celebrities.
[00:13:35] Top marketing hacks.
[00:16:13] Using YouTube to build brand personality
[00:17:49] Moving into a 5 million dollar house.
[00:20:05] Creating the “Vodka Sucks” billboard.
[00:22:04] The best ways to grow on Instagram.
[00:26:30] Raising money for a tequila brand.
[00:28:53] Investors in Lo Siento.
[00:31:40] The end goal for Lo Siento.
[00:32:46] The biggest business lessons learned.
[00:34:13] The difficulties of the food & beverage industry
[00:36:00] The acquisition of Paradise.
[00:39:32] Thoughts on personal finances.
[00:41:10] Founder aspirations.
[00:42:25] Bonus footage.
MONEY TALKS with Jesse | The Coolest Ways To Get Rich
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