Bhargava: Industry veterans slow down startups because they expect slow timelines
Manoj Bhargava · 5-Hour Energy: Manoj Bhargava · Mar 13, 2017 · at 16:51
5-Hour Energy founder Manoj Bhargava explains how his lack of beverage industry experience helped him move faster to secure retail distribution.
0:00 / 0:09exact quote · 9.7s
720p mp4 · rendered on demand · StarZero watermark
“Well, I think one of the great parts is not having a background in the industry, because those who have great backgrounds in the industry always think it takes forever. They always slow things down.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Manoj Bhargava
Bhargava: Relying on Experts Rather Than Common Sense Causes Trouble in Turnarounds
“It's not rocket science, but if you use common sense, you're in great shape. If you use experts, you're in so much trouble.”
Bhargava: Great inventions usually came from non-experts breaking the rules
“Most inventions have been made by people who didn't have a background in whatever they were inventing. If you look at throughout history, the great stuff was made by people who didn't follow the rules of the experts.”
Bhargava: 5-Hour Energy fought off Big Soda to regain 93% market share
“And now it's back up to 93%.”
Bhargava: Founders who sell products their families avoid are con men
“Every product we make, or I make, get involved in is, if I can't use it, if my family doesn't use it, I don't want to do it. Because then you're just a con man. You know, you're just selling people stuff you don't use.”