Bill Creelman

23 statements across 3 episodes · 5 bullish · 1 bearish · 2 people on the record · first statement Jan 13, 2020 by Bill Creelman · across every show →

On the record as a speaker too: Bill Creelman's record, appearances and statements → this page counts the times other people say the name.

Everything said about Bill Creelman, oldest first

Jan 13, 2020 neutral
Assertion Not checkable as stated
Spindrift launched with a 2,000-case initial production run across four flavors
“We made, I think, 500 cases of each flavor. We had four flavors, so 2000 cases.”
Bill Creelman Jan 13, 2020 ▶ 36:02 Spindrift: Bill Creelman
Jan 13, 2020 neutral
Disclosure
Early Spindrift formulations contained added sugar, natural flavors, and colors
“Maybe I'll just add to that that it was also more of a soda profile at the time, so it had a little bit of sugar in it natural flavors and color, you know, just sort of whatever. There were things added early on as we were just trying to dial in the flavor and…”
Bill Creelman Jan 13, 2020 ▶ 34:26 Spindrift: Bill Creelman
Jan 13, 2020 neutral
Assertion Not checkable as stated
Spindrift nearly rebranded to Presscraft in 2015 over trademark dispute
“By the way, back around 2015, Bill almost had to give up the name Spindrift. There was a legal problem with the trademarks that had to be resolved, and Bill was just days away from changing the name. And if Spindrift hadn't worked out, the company's more than …”
Guy Raz Jan 13, 2020 ▶ 58:22 Spindrift: Bill Creelman
Jan 13, 2020 neutral
Disclosure
Creelman funded Stirrings with millions in personal debt instead of equity
“We never took outside capital at Stirrings. We borrowed like crazy. I mean, we were leveraged personally. You know, I had, you know, millions of dollars of notes that I was responsible for.”
Bill Creelman Jan 13, 2020 ▶ 20:22 Spindrift: Bill Creelman
Jan 13, 2020 neutral
What-if
Creelman: Would not have started Spindrift had he known manufacturing complexity
“I don't think I would have gotten into this business had I known how complicated it was.”
Bill Creelman Jan 13, 2020 ▶ 43:31 Spindrift: Bill Creelman
Jan 13, 2020 neutral
Assertion Partly supported
Creelman: Stirrings accelerated Diageo buyout in 2008 amid economic downturn
“What ended up happening is in 2008, the business and the partnership really kind of hadn't fulfilled the potential that we had all imagined, and there were a variety of factors for that. One was the economy changing, the other was sort of the fit between their…”
Bill Creelman Jan 13, 2020 ▶ 24:27 Spindrift: Bill Creelman
Jan 13, 2020 negative
Assertion Contradicted
Creelman asserts there is no real standard for natural flavor additives
“There really is no standard for a natural flavor. There may very well be all of the things you described, but there's no assurance of that.”
Bill Creelman Jan 13, 2020 ▶ 52:44 Spindrift: Bill Creelman
Jan 13, 2020 neutral
Assertion Not checkable as stated
Creelman: Early Spindrift Required Continuous Cold Storage Due to Volatile Ingredients
“Yeah, there was no other way to maintain that incredible fresh flavor that we were talking about at the time without keeping it cold. I mean, it just was too volatile a product.”
Bill Creelman Jan 13, 2020 ▶ 34:14 Spindrift: Bill Creelman
Jan 13, 2020 neutral
Disclosure
Spindrift discontinued a profitable five million dollar soda line for sparkling water
“So we made the hard decision to shut down. It was about a five million dollar business super profitable, and just focus our resources on, on the sparkling water.”
Bill Creelman Jan 13, 2020 ▶ 49:15 Spindrift: Bill Creelman
Jan 13, 2020 neutral
Assertion Not checkable as stated
Spindrift focused exclusively on food service accounts for its first five years
“That food service focus with me and now my small team was really all we did for the first four or five years in our business.”
Bill Creelman Jan 13, 2020 ▶ 39:47 Spindrift: Bill Creelman
Jan 13, 2020
Disclosure
Creelman funded early Spindrift by taking out mortgages on his house
“So, what we ended up doing is basically putting mortgages on our house, and but again, now you're talking about buying inventory, and starting to hire a team.”
Bill Creelman Jan 13, 2020 ▶ 42:00 Spindrift: Bill Creelman
Jan 13, 2020 neutral
Disclosure
Creelman: Stirrings structured Diageo deal as staged equity buyout
“The plumbing was that we ultimately ended up selling them, you know, a percentage of the business with the idea that we would then exit the business to them entirely pending kind of growth and trajectory of the business.”
Bill Creelman Jan 13, 2020 ▶ 23:25 Spindrift: Bill Creelman
Jun 27, 2020
Assertion Not checkable as stated
Creelman: Spindrift's internal workforce is 32% diverse
“You know, we are 32% diverse at Spindrift, so we, you know, I felt an obligation to our team.”
Bill Creelman Jun 27, 2020 ▶ 23:29 How I Built Resilience: Live with Melanie Perkins and Bill Creelman
Jun 27, 2020
Disclosure
Creelman: Spindrift Was Developed During the 2007-2009 Recession
“We, so we started our development for Spindrift in the middle of the economic downturn in 2000, you know, sort of seven, eight, and nine. When we launched the first batch in 2010, there hadn't been innovation in, in the food and beverage market in, in sort of …”
Bill Creelman Jun 27, 2020 ▶ 19:09 How I Built Resilience: Live with Melanie Perkins and Bill Creelman
Jun 27, 2020
Insight
Creelman: Recessions lower the cost and competition for launching new products
“In some ways by the innovation pipeline kind of slowing down a little bit, As typically happens during cycles like this, it gives you a chance to be louder and it's a less crowded, you know, market place. And the investment often is less because there's just l…”
Bill Creelman Jun 27, 2020 ▶ 19:54 How I Built Resilience: Live with Melanie Perkins and Bill Creelman
Jun 27, 2020 positive
Assertion Not checkable as stated
Creelman: Spindrift saw a 200% to 400% sales lift during initial lockdowns
“When the initial push came, we saw anywhere from, you know, sort of two to 400% lift.”
Bill Creelman Jun 27, 2020 ▶ 14:01 How I Built Resilience: Live with Melanie Perkins and Bill Creelman
Nov 27, 2025 positive
Insight
Creelman: Keeping overhead low improves future fundraising leverage
“The more you can kind of test and learn on your own dime, if you will and keep the overhead down when you do go out and raise money, you'll really be in a different position of strength than if you take a big swing early on with like more and more overhead.”
Bill Creelman Nov 27, 2025 ▶ 27:55 Advice Line with Bill Creelman of Spindrift
Nov 27, 2025 positive
Insight
Creelman: Layering sweet and tart flavors prevents missing heavy sugar
“Sugar is a very one-dimensional flavor, so if you can introduce other flavors alongside a little sweet, a little tart, We think you won't miss that big hit of sugar.”
Bill Creelman Nov 27, 2025 ▶ 6:26 Advice Line with Bill Creelman of Spindrift
Nov 27, 2025 positive
Insight
Creelman: Beer companies can build massive businesses around a single SKU
“It's a big enough category that you have the luxury of having one product and building a really big business around it.”
Bill Creelman Nov 27, 2025 ▶ 17:59 Advice Line with Bill Creelman of Spindrift
Nov 27, 2025
Insight
Creelman: Scaling two distinct early-stage brands simultaneously is almost unheard of
“It's hard enough to make one brand successful, but to have two brands, you know, early stage brands succeed, mean something for the consumer, go on to really gain scale and traction is, is really almost unheard of.”
Bill Creelman Nov 27, 2025 ▶ 4:50 Advice Line with Bill Creelman of Spindrift
Nov 27, 2025
Assertion Not checkable as stated
Creelman: Dropping sugary soda eliminated half of Spindrift's early revenue
“Yeah, about half our revenue.”
Bill Creelman Nov 27, 2025 ▶ 5:32 Advice Line with Bill Creelman of Spindrift
Nov 27, 2025 positive
Insight
Creelman: Complex real-ingredient recipes create defensible moats against beverage copycats
“What is hard right now for you is going to be your point of difference later, you know, so trying to figure out, you know, how to make this brine, you know, using all of the ingredients that are called out on the label will only bear fruit down the road. Someo…”
Bill Creelman Nov 27, 2025 ▶ 13:55 Advice Line with Bill Creelman of Spindrift
Nov 27, 2025 neutral
Insight
Creelman: Only one or two problems actually hold a business back
“You know, I think it's so easy to get caught in, I need to solve all 10 problems equally, when the reality is it's probably one or two that are holding the business back.”
Bill Creelman Nov 27, 2025 ▶ 46:47 Advice Line with Bill Creelman of Spindrift
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