Daina Trout
15 statements across 2 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Sep 28, 2020 by Daina Trout · across every show →
On the record as a speaker too: Daina Trout's record, appearances and statements → this page counts the times other people say the name.
Everything said about Daina Trout, oldest first
Sep 28, 2020
Sep 28, 2020
Health-Ade scaled early retail with 20 part-time, commission-only sales reps
“We had some people that worked hourly for us in the brewery to help us. And then we also had some independent sales reps that got paid a commission. So let's say we had about 20 of those individuals that were working like some five, six hours a week, so not, n…”
Sep 28, 2020 positive
Trout: Health-Ade made the right choice taking early outside investors
“So I know if I was back in that position, I really still would have no choice. But to be honest, they helped us a lot in the beginning. They helped us build forecasts and get into the right distribution. And so, honestly, I think we did exactly right.”
Sep 28, 2020
Trout: Beverage distributors demand pre-existing retail accounts before signing brands
“But then the catch-twenty-two is the distributor won't usually take you on unless you have some stores. Like, they don't want to build you from scratch. So they want to know, oh, you've got Gelson's on board? Okay, we'll take you on.”
Sep 28, 2020
Trout: Health-Ade burned through its initial $2M investment in one year
“I remember when we got the two million bucks, it was like, oh my gosh, we're good. Like, let's build this now, baby. And then it was like, gone a year later. And it's not that we were reckless at all. It's just the capital for growth is really intense and imme…”
Sep 28, 2020 neutral
Trout: Health-Ade funded its first filling line with $60,000 from parents
“The first time we really needed money, we needed money to buy our first filling line, which already we were past the cake bake shop stage. It was the next stage, but we asked both of our parents for that. Vanessa asked her dad, and I asked my dad, and they gav…”
Jan 9, 2023
Jan 9, 2023
Jan 9, 2023 neutral
Trout: Co-founders secured a farmers market stall before developing their product
“Vanessa's friend of a friend, I don't know if she actually ran the farmer's market, but she was one of the leading positions at a farmer's market organization in L.A., one of the biggest. And she had called us to say, listen, one of the farmers is dipping out …”
Jan 9, 2023 positive
Jan 9, 2023 neutral
Trout: Health-Ade originally saw kombucha as temporary placeholder for hair loss product
“When we decided to sell the kombucha, we hadn't given up yet on the hair loss idea. We just kind of realized it was going to be harder to make than we could make in the time that we needed to make it by. So it was like, we still thought the big idea was hair l…”
Jan 9, 2023 negative
Trout: Amex denied Health-Ade's request to extend $50,000 credit limit
“We had a 50,000 dollar credit limit, and we just assumed that Amex would extend our credit because we were good about paying it in full every month, you know, so we were like, oh, it's not going to be a problem. I mean, we've been great customers, you know, an…”
Jan 9, 2023 neutral
Jan 9, 2023
Health-Ade bartered retail staffing for free production space at Cake Bake Shop
“We found a, it was called Cake Bake Shop in Manhattan Beach, and the owner's name was Laura, and she was closed on Sundays and Mondays. And in exchange for us opening on Sundays and Mondays and manning her shop, she let us use all the extra space she had for f…”