Spirits Industry
topic on 3 shows · 5 statements across 3 episodes
Masters of Scale
Capital Allocators
How I Built This
5 statements about Spirits Industry, every show
Weaver: The spirits industry remains difficult for women and minority founders
“And now, all of these generations later, that's not changed. And so, it is a really difficult business to get into, because there's a lack of familiarity of both women in, in power and business in the industry, and people of color.”
Weaver: Traditional spirits expansion requires 25 years of contiguous state growth
“So in our industry, the norm is you start off in one state, in a single state. And then within about seven years, if you're able to build traction in that single state, then you'll try to get into maybe four states that connect to that one state. So everything…”
Weaver: A standalone single brand cannot survive in the spirits industry
“One of the things I discovered coming into it is, is, is a single brand dies in this industry.”