How to Start a Tequila Brand (& Make Millions) | MONEY TALKS with Jesse #27
Description
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.
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[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.
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