Episode Transcript
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0:00
3 , 2 , 1
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, 0 , and lift off , lift off
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, lift off .
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Today on the recipe for greatness podcast , we have Alistair
0:11
Frost , the founder of Pentire , a
0:14
plant-based drinks company inspired by
0:16
Active Outdoors . From signature
0:18
non-alcoholic spirits to aperitives
0:20
and premixed cocktails , each drink in their
0:22
portfolio offers refreshing coastal flavours
0:24
featuring a unique blend of botanicals native
0:27
to the coast in Cornwall . Join
0:29
us as we dive into Alistair's journey creating a
0:31
unique brand with a mission to provide healthy
0:33
, plant-based drinks aimed at active , outdoor
0:36
, loving people .
0:37
Alistair welcome to the podcast . Thanks so
0:39
much for having me on , jay . It's really really kind .
0:42
So I wanted to jump in and
0:44
start off around surfing
0:47
and outdoor activities . When
0:49
did you start to get into that
0:51
and when did those enter your life ?
0:58
Sure , I guess I've always
1:00
been a pretty active person
1:02
, a bit of a fidget , yeah
1:06
, I've always been into keeping moving
1:08
. Surfing I found
1:10
the love for when I went on
1:12
a self-tripped Cornwall with a few friends from school
1:15
probably 17 or 18 , and
1:18
just got the bug , as everyone
1:20
says , and completely fell in love with it and
1:22
positively fed into so
1:24
many areas of life , I guess . But
1:27
amazing sport , amazing lifestyle
1:29
around it , and it always ended
1:32
up in nice places as well , so that's
1:34
definitely a perk .
1:36
And also , when did
1:38
sort of entering the bar scene happen
1:40
to you ? I know you went to work in a bar
1:42
and past on screen . How did that come around and how
1:44
did you stumble into that career ?
1:48
I guess I've always done jobs in
1:50
pubs when you're sort of growing up in
1:53
your holidays and you need a bit of care . So I've done this
1:55
sort of like KP glass washing , all that
1:57
kind of stuff . And
2:00
I was maybe I think I'd been
2:02
finished university as
2:04
back in Cornwall and as
2:07
well working at the surf schools , and
2:10
a bunch of my friends had kind of gone to London for
2:12
a bit . One of my friends was opening a restaurant
2:16
above a champagne bar and
2:18
I moved up to town . I thought I'd move up three months
2:20
, see how it was , and I thought , oh , you
2:22
know , I could just go and see how it is and
2:25
just start washing
2:27
glasses in my friend's bar . And
2:30
it's always like it was a good start and you can
2:32
figure it out from there . And then was
2:34
there for a few years , worked my way up to GM
2:36
quite quickly first
2:38
six months , a year or so
2:40
and just totally fell
2:43
in love with hospitality , being
2:45
sort of front of house as well and dealing with all
2:47
the
2:49
good and the challenges of service
2:51
as well , which is great .
2:54
And what are you thinking about potentially
2:56
starting something yourself at
2:58
this point ? Or was it maybe after a few
3:00
years , you decided that , all right , now it's time
3:02
for me to go ? And how did the evolution of setting
3:05
up your own company come about to you ?
3:14
Yeah , it's always something I've wanted to do . I've
3:16
always looked up to people
3:19
who are going after big goals , trying to achieve
3:21
lofty things and
3:25
I think , looking back on
3:27
it now , it was always really drawn to reading
3:30
about the founders of Innocent
3:32
in the newspaper or all
3:34
these consumer brands , these kind
3:36
of normal guys and
3:40
very human people , but
3:42
achieving really awesome stuff . So
3:44
the interesting thing about being
3:46
in bars was you
3:49
had all these drinks brands sort of come in and
3:51
trying to sell their product over
3:54
the bar to you , or it might be like rock
3:57
up with a wholesaler as well , or someone else
3:59
might mention them to you and you see
4:01
these brands go from this small
4:03
little thing in your first interaction
4:06
with them , where they're like give it a try
4:08
, this is our cocktail , we make some drinks
4:10
together , cool to meet you , and they're kind of building this
4:13
relationship , and then
4:15
you're buying their product and it's going well and
4:18
I guess we're in London then . So you're reading
4:20
about them in the evening standard or like doing an Instagram
4:23
or reading about their growth journeys
4:25
, and
4:27
so I thought that was a really , really wicked thing
4:29
to do and also , at the same time , in
4:32
the world of , I guess , surfing
4:35
and outdoors . There's so many no-transcript
4:38
companies
4:41
in the active outdoor world that I thought were really
4:43
really great as well , so that was kind
4:45
of a few things bubbling away at the back of the brain
4:47
there .
4:49
What was the point when you saw the real opportunity
4:52
for Pentire ? Was
4:54
it just seeing the market trends ? What
4:56
was happening ? What was that ? Like Bobman , where you
4:58
thought , actually , you know what , I don't need to be the person reading
5:00
about these people . I can actually be the person
5:03
who goes out and does it myself .
5:06
Yeah . So I guess , if you kind of like
5:08
the journey in brief
5:10
was being in bars and having those
5:13
guys sell over the bar to us and
5:15
that was your like I know your fever
5:17
trees and Sipsmith and
5:19
stuff like that , so you've
5:21
got Camden and Beavertown . It
5:25
was very exciting . And
5:27
then I thought , okay , this is really great , really
5:29
loved , like wanting
5:32
to get closer into brands , and
5:34
I set up a small sales and marketing kind of
5:37
agency with a friend of mine and
5:40
we would represent brands
5:42
in London in the on trade so
5:44
do some trade shows and consumer shows
5:46
and also try and sell
5:48
them into bars and restaurants . So then I went from being
5:51
on the other side of the bar trying to sell stuff into
5:53
bars and
5:55
during this , during the time , even when I was like working
5:58
in bars and selling in brands , my alcohol consumption
6:00
was going down , down , down and this is even like
6:02
, say , six , seven years ago . I'd
6:04
go like for like I think
6:06
one time I'd put like two , three months without drinking any alcohol
6:09
, just without really even trying . It just kind of wasn't into
6:11
it . And then I was representing
6:13
all these brands that were all
6:15
alcohol brands and I was
6:17
also then pretty much like not drinking or
6:20
any drinking on special occasions . It didn't make me feel great
6:22
. I could see the way the world was going and
6:24
just was , you
6:26
know , more into feeling good every day . But
6:29
you could notice , like you know , trends within all
6:31
the , all the brands that I was representing . Right
6:33
, you know Jin was really booming . Then people
6:36
loved , you know , ingredients
6:38
, botanicals , story
6:40
, some provenance and how's it going to be served
6:42
. So there was all those like
6:44
I decided to notice those components that are important within
6:46
a brand . But also , as much as I love
6:49
what I was doing , I just thought this , this just looks
6:51
so fun . I really would love to , would
6:54
love to launch one of my own companies and like have
6:56
a go at that at that challenge
6:58
. So it was from being
7:00
in bars to them being in brands , but always
7:03
wanting to start , start one
7:05
of my own and primarily being inspired
7:08
more by health and wanting to kind
7:10
of do something in the framework of the industry and
7:12
be part of that occasion . But have like a healthy
7:14
angle on it was what really excited
7:16
and excited me and drove me .
7:18
And you decided the Cornwall would be the
7:20
sort of home place for this and I love reading
7:23
about it where you were sort of out just talking
7:25
to a few people about the potential
7:27
of the brand and
7:29
, as a botanist , and you sort of like asking
7:31
him about potential ingredients around the area , and he was like
7:33
, oh , you don't know , like this place is like
7:35
, so , like diverse , it's got
7:38
the best agriculture , was that ? Just you know
7:40
the part and parcel of just you
7:42
know stepping into an industry we don't really know much about
7:44
and you just talking and just like listening to
7:46
people and learning .
7:48
Yeah , chattings to people
7:50
with something I love , maybe
7:52
a bit too much sometimes . So
7:55
, yeah , always up for chatting
7:57
to people and like fun changing
7:59
up what you can , I guess . But I
8:01
had a few ideas drawn up that I was going , okay
8:03
, really want to start something and had a few ideas drawn
8:06
up and then you know , when you , when you want
8:08
to create something and it's really important to start
8:10
writing it down , even if it's something that you
8:12
you don't , you're not really sure if
8:14
it feels right , but you're just doing anything you
8:16
can to move stuff like one step , one
8:19
step forward and not worrying , you know , go for the whole
8:22
. You know like progression over
8:24
perfect sort of thing . So
8:26
I had a few ideas drawn up , but really like
8:28
the one that won't like that
8:30
I most loved . And also
8:33
when I was talking to about other people , that'd be really cool
8:35
, as I would about like
8:38
a spirit
8:40
that's like plant based . You know everyone
8:43
in alcohol and in gins
8:45
is using . You know these are like blending dry
8:47
botanicals and stuff . I'm a nutrient-grin
8:50
spirit . I was like , well , what about ? You
8:52
know something that's like plant based eating
8:54
and drinking's coming really big
8:56
, like what I drink with . It's like plants and
8:58
like botanical , like green images
9:00
and sort of about instead of people
9:03
. You know like cheers
9:05
in and you know like
9:07
an alcohol environment . What if they're like outdoors
9:09
and it's escapism , like a Patagonia
9:11
or a North Face or
9:14
something like that , and then it's
9:16
still going to be served in cocktails . So you've got your site
9:18
martinis and drinks
9:20
with these big green garnishes and what if you
9:22
drank it and it made you feel great , that it
9:24
made you feel drunk . So
9:27
that's just kind of like this vision of the site
9:29
plant based spirit world emerging the great
9:31
people feeling good . And Pentaz
9:34
, the name of the headland on our local
9:36
coastline at home in Cornwall , and I'd
9:38
sort of thought , okay , a lot of the whiskey
9:41
distilleries or the experience distilleries are
9:43
US , uk , asia , australia
9:45
. They're these kind of local , global brands
9:47
and they're these names that have some provenance
9:49
and you can have some kind of core tribe
9:51
, but also they can travel and scale
9:53
and resonate with people on
9:55
the other side of the world . And the cool
9:58
thing about you know , pentaz was really like
10:00
fresh and scalable , but also
10:02
like local and
10:04
meant something as well . So , had
10:07
the name , had the vision , had the like , you
10:09
know you get your mood bored and start
10:11
unearthing stuff . I think the good idea is just
10:13
feel so easy . Everything with Pentaz that we've unfolded
10:16
just felt so natural and unforced . I think that's
10:18
always a sign that you're on a good trail , right
10:20
when you're just buzzing about
10:22
it . So , yeah , then
10:24
it's like okay , now I just need to like find
10:26
all pieces like what's like
10:28
, what's the ingredients , what's the provenance
10:31
and stuff like with that . And
10:33
one of my buddies linked me up with a botanist that
10:35
I met on the headlands and he was like
10:38
just chatting and I was like well , that's a drinks company
10:40
, just like . I had your great botanist really interested
10:42
to meet you . And he was like
10:44
you know , do you know , it's just
10:46
like you've got some of the biggest botanical
10:49
range of like sea herbs and plants
10:52
in the whole of the UK . And I was like wow
10:54
, that's amazing . And there was loads of your like you know
10:56
, expected stuff , your rock sand fires and stuff
10:58
there , but then other really interesting things like
11:00
Isolatus Sea , purslane Sea , beat , and
11:02
that was what really . Then they started to go okay
11:04
, like get some of these , distill them
11:07
, did all your classic like YouTube
11:09
and stuff of eBay
11:12
, amazon , and just getting like
11:14
, getting going on trying to craft like
11:16
you know , again , even if you can't create it like a perfect
11:19
finished product , you can get an idea of the flavor
11:21
profile that you're getting after
11:23
. And then when I sort
11:25
of worked with some you
11:28
know botanist or distillers , or we keep going to see
11:30
people and ask if they could like make , you know
11:32
, make trials with them and stuff like that and
11:35
started to taste those liquids and thought that tastes
11:37
amazing , it's really fresh , it completely encapsulates
11:40
, and then you get a
11:42
bit of Penta as the brand could
11:44
encapsulate what we were going after , because everyone's
11:47
into like running , surfing , cycling
11:49
, sea swimming . So
11:51
it was that perfect blend of like ingredients
11:54
and outdoors that I was always
11:56
like looking to achieve . So that
11:58
was a great moment .
12:00
That's incredible . So I love that as well , where you just
12:02
sort of weaving around sort of not
12:04
really knowing the path , but people just guide you along
12:06
and eventually sort of get there . I want to talk about
12:08
brand now , because you guys
12:10
have invested it in so many different angles
12:12
and done such a brilliant job about it
12:14
. I'm curious you mentioned there was
12:16
the brand always from the very start
12:19
when you started imagining
12:21
sort of the future of the products ? Or did the brand
12:23
sort of evolve with the products as
12:25
you sort of developed along the way ? Because I guess
12:27
I'm thinking that founders
12:30
, they know the importance of brand but how to
12:32
think about developing it . What path
12:34
did you go down to sort of build that brand
12:36
that you've created ?
12:42
One thing we've always been really
12:44
lucky with with Penta
12:47
is the
12:49
brand world is something that's very natural
12:51
to us because we live it day to day
12:53
and it's
12:56
sort of like part of community . It's part
12:58
of something we're always in . So
13:01
if we need to I
13:04
don't know do a marketing campaign or think about what
13:06
to write in that newsletter or think about what we're doing
13:08
for that key trading time of year
13:10
or what's our visuals for that
13:12
retailer that we're going to launch in , it's always
13:15
. We always just remind ourselves that we'll
13:17
win by being the best version of ourselves
13:19
and all we need to do is tell
13:22
the story about what's going on in our community
13:24
of Penta customers and Penta people
13:26
and what we're doing each day to live
13:29
our brand values of active outdoor living
13:31
. And as long as we have our product
13:33
and our moment and stuff in there and educate
13:36
the customer on it and kind of not get
13:38
too carried away at the same time , then
13:41
we're generally good and I think that's the benefit of being
13:43
a kind of like a naturally ingrained brand
13:46
. And again , if you look at the
13:48
outdoors brands , they've got nice
13:51
threads of community and
13:53
ingredients
13:56
or all those kind of same things . So
13:58
it's something that's luckily been very natural
14:00
, but then just tell
14:02
it in the best way you can , I guess .
14:06
I love that . I think because when you see the
14:08
brand , it feels authentic and , like you say , it's because
14:11
you design the brand based on your
14:13
core beliefs , not something you thought people wanted
14:15
to have . You imagine
14:17
something , oh , create something that people might want . It's
14:19
something you actually wanted and I think that's always
14:21
the best way to do it . And I
14:23
wanted to talk
14:26
about how brands make people
14:28
feel something , and the
14:30
best brands do , and they make want people to
14:32
belong to something , and I think you
14:34
guys do that so well and when it comes across well
14:36
, as in your media films and I
14:38
recommend anyone who has not seen
14:40
that go onto their websites , watch them , because they are absolutely fantastic
14:42
. I'm here . How did those ideas
14:45
come around for those videos and
14:47
what did it take to actually produce
14:49
them ? Because they are actually incredible sort of what
14:52
was all involved in bringing those to life .
14:56
That's very , very kind . Well
14:59
, firstly , the obviously , although I'm
15:02
lucky enough to be on the pod here with UJ
15:04
, we have such
15:06
an amazing team of creatives
15:09
that have bought those to life
15:11
. So the
15:13
the films are yeah , there's lots of people
15:15
working hard on them and also lots
15:18
of lovely people involved
15:20
as the subjects that are happy to kind of share
15:22
their journey . So for
15:24
us those films are , although
15:26
they're pent-up
15:28
films , they're really about shedding light on people
15:31
doing awesome stuff . So
15:33
it might be people working on like sea conservation
15:35
for Blue Marine , or it might be really cool like free
15:37
divers , or it might be a really
15:40
like a local restaurant that's doing amazing
15:42
stuff , working with really good ingredients and
15:44
like just being really forward
15:46
thinking in in the
15:48
menus and their offering . So the
15:50
films are really like a community thing and
15:53
, again , on their like ideas
15:55
front , for us it's we actually have so
15:57
many of them . We were like , oh , we'd love to do like
16:00
a hundred of those tomorrow , so
16:02
we have to slow ourselves down a little bit . But
16:05
yeah , it's nice to like shed light on good
16:07
people doing good stuff
16:10
, and they do do lots of like a motive
16:12
stuff in the meantime and manage to capture some
16:15
lovely pent-up moments and
16:17
hopefully inspire inspire people along the way
16:19
.
16:20
Is it hard to get those people on board
16:22
for these videos ? Or is it because they're
16:24
so bought into the pent-up mission that it's
16:26
, you know , the advocates of the product and they actually just
16:28
want to be involved themselves ? I think that's
16:31
always .
16:31
It's always nice to give and shed light right
16:33
, and if you're happy to those
16:36
kind of collaborations are always a two way street
16:38
. You know you're happy to shed light
16:40
on people doing good stuff and
16:42
you're aligned and see
16:45
the world in the same way , then it's generally always
16:47
always pretty good . And I think that's
16:49
the same with our like creative community . You
16:51
know people in our films are amazing
16:53
designers and film photographers
16:55
and people that work on those projects , but
16:57
also I think the whole pent-up customer
17:00
base and community is
17:02
also into exactly the same same
17:04
stuff . So very lucky to be around good
17:06
humans and I think
17:09
that always if you're around good humans and
17:11
work hard and think
17:14
, good things will happen .
17:15
Incredible , and I think what really just feels is I
17:17
think I heard you say that sort of founding
17:20
PENSI gave you real purpose and it feels
17:22
like you're doing something rewarding every day . So
17:24
I guess how does it feel now feeling like
17:26
that , versus maybe when you're working in a
17:29
bar or you know selling you know
17:31
other products to other people ? What's ? How do
17:33
you feel differently about sort of what you're doing on
17:35
a day-to-day basis ?
17:36
Yeah , it's just every
17:38
day at PENTA is
17:42
an absolute dream and I
17:44
know it's quite like quite cliche
17:46
, but it generally is
17:49
like the real high
17:51
points are just
17:54
like , just you know , an amazing team of
17:56
like 12 , 13 people and
17:58
just getting to that hustle alongside great
18:00
people every day is wicked . So
18:03
if it's like we're in the office or
18:06
if we're out seeing people , just
18:08
the conversations around a product are great . I
18:10
guess , like the thing that we're doing
18:13
is putting a healthy , like a healthy
18:15
angle on the spirits industry . So we're in these
18:17
like traditional drinks channels and
18:19
also modern drinks channels . But
18:21
working with , like you know , really
18:24
forward-thinking bars and restaurants about making a
18:26
really like healthy part of their cocktail menu is
18:28
wicked . And the you
18:31
know like we also live our brand values every
18:34
day , so guys always like , if the waves are good , go
18:36
surfing . Everyone in PENTA can exercise whenever
18:38
they want . Everyone has lots of autonomy
18:40
and is a team of high performers
18:42
and very driven people , so everyone has like a lot
18:44
of autonomy to do whatever makes themselves feel
18:46
good , right , and largely manage
18:49
their own agenda . So you know , people
18:51
are going for a run in the morning , going off the gym
18:53
, go for a surf wherever they are . And then
18:55
you know you get to go and see some of the
18:57
best bars and restaurants and retailers
18:59
, whether you're in London
19:01
, cornwall , usa or whatever
19:03
. So then you
19:05
know the bartender that's
19:07
Pentah the most might be , I
19:10
don't know in Venice
19:12
in California right now like
19:14
last week went to a
19:17
house in downtown LA and bartender
19:19
that's like latch on to Pentah the most is snowboarder
19:22
, skier , surfer , and you're having conversations
19:24
about outdoors and health with that
19:26
bartender . That's also like just making incredible
19:28
cocktails and they're telling you how how much
19:30
they love Pentah and how great it's going . And you're
19:33
feeling great because you know they're
19:35
feeling great and they're like serving cocktails
19:38
. Customers are like feeling great and buzzing off it , so
19:40
that is just the most rewarding
19:42
thing in the world .
19:44
That's incredible , and I guess we've
19:46
been talking a lot about products and
19:48
brand , but you know , a company
19:50
can't exist without sales . So I wanted
19:52
to dive in and how you thought about , did
19:55
you sort of map out your whole strategy
19:57
about how you wanted to bring the product
20:00
to consumers . Did you decide I want to
20:02
focus on , you
20:04
know , small distribution at the start you
20:06
know local restaurants or things like
20:08
that or did you decide maybe I want to go to more
20:10
, like wholesalers ? How did you think about it from
20:12
the beginning ? What was your strategy ?
20:15
Yeah , I guess it was a mixture of strategy
20:18
and always being really open minded and kind
20:20
of being in a bit of a flow state
20:22
along the journey on the way you
20:25
mentioned earlier , kind
20:27
of like weaving weaving on your path
20:29
forward , and we've definitely like had a bit of
20:31
that as well , as well as being really clear cut about
20:34
where we want to be . So obviously
20:36
had the like from being
20:38
in the drinks industry before . I was like okay , well , these are the wholesalers
20:41
like this is where we've got to be , these are the listings
20:43
we've got to win . And we've always
20:45
been top , top like top down with
20:47
Penta . So top tier customers have
20:50
always been our target
20:52
and we've always wanted to work with the best and we're like , if we can
20:54
create the best product in the sector
20:56
, the best brand , work with the best people , have the
20:58
best team and have good fun doing it , then
21:01
everything's going to be going to be good right . So
21:03
we kind of did the like
21:07
. Firstly , when launched the products
21:09
. Really lucky thing at home is there's
21:11
just these amazing like nationally
21:13
respected as like some of the best chefs in the country
21:15
within like a 10 , 20 mile radius
21:18
. You got like . You like Rick Steins , paul
21:20
Paul Ainsworth , nathan Outlaws
21:22
and stuff like that right there on your doorstep
21:24
and I was like , well , if I can just
21:26
get it listed with those guys
21:29
, then surely everyone else in the country is going to think
21:31
it's good . And you know , the thing
21:33
I'm really most grateful of is
21:35
how early those guys championed the
21:37
product listed . It sort of making amazing drinks
21:40
and they're amazing to work with
21:42
today and own them . So
21:44
much for that and that's been
21:46
such a key part of our journey . So from
21:48
that then we went , okay , well , let's go the next
21:50
step . And there's loads of like indie
21:53
retail , great , healthy delis
21:55
and we've kind of or amazing hotels
21:57
and you make amazing hotel groups and you kind
21:59
of build the whole thing out and out . Now we're
22:01
four years down . We've
22:04
grown at an average of like 100%
22:06
year on year or more and
22:08
the last couple of years have been more about your
22:10
well , about adding on
22:12
your Planet Organic Sirocados like
22:16
some cool you know retailers like Selfridges
22:18
and stuff like that , and we're now about
22:21
to launch into Waitrose
22:23
next week . So it's been this kind
22:25
of dream dream journey and
22:27
just lots of pure hustle along the way
22:29
and working with really wonderful people .
22:32
I love that . So I guess we touched
22:34
on Waitrose there . How did that one come about ? Because obviously
22:36
you've got amazing partnership previously
22:39
with some great brands . You met amazing hotels
22:41
you mentioned there , like Sirocados
22:43
, also some great chefs like Pauline's worth , people like that
22:45
. How did the sort of conversations around
22:47
like a national listing in Waitrose come around
22:49
and how's that sort of evolved ?
22:52
There's lots of components I guess that to a national
22:54
listing that have got to be there . And
22:56
the really exciting thing for Penthouse
22:59
is we're excited to go into Waitrose
23:01
. In there with four years
23:03
of successful
23:06
trading and we've built this wonderful customer base
23:08
A lot of them who we know
23:10
from our data , like Shopping Waitrose and
23:15
we've been really like thinking we're
23:17
thinking like super . We're only at the start
23:19
of our journey , only just
23:21
getting going A
23:23
on our revenue , our KPIs , but also
23:25
what we want to prove in the sector and the impact that we want
23:27
to have on , the positive impact we want to have on the sector
23:30
long term . So we've
23:32
wanted to build in all these things at the right
23:34
stage of the journey , especially
23:36
for like a drink , scale up and to be
23:39
. You know , it's been really important for
23:41
us to go and
23:43
nail certain factors . So now we're launching
23:45
into Waitrose , we're
23:47
going okay . That's
23:49
happened because of our rate of sale , success
23:52
in channels before
23:54
each year and year . So , as well as our top line revenue
23:56
, we're also measuring , like you
23:59
know , especially like four or five key
24:01
KPIs in the company and most
24:03
of them are really centered about velocity , rate
24:05
of sale , how you're performing versus competition
24:07
. Our amazing like sales team
24:09
have achieved incredible results in
24:12
a car dough and self-reduce and
24:14
other key channels . So it's very much
24:16
like that consumer brand build where you got to
24:19
prove stuff at each stage but
24:22
, yeah , still feel like we're very early on in the journey
24:24
and got lots to give .
24:26
One big thing for you guys has been direct consumer
24:28
, and one big factor of that is
24:31
eyeballs . You need to get people seeing the product
24:33
and that comes from different avenues . So
24:35
I know that you guys have spent a lot of time
24:37
on content and building different
24:40
, different types of content to test
24:43
, maybe on marketplace ads like
24:45
Facebook or something like that . How extensively
24:47
did you sort of research and
24:49
test an experiment on ads
24:52
and I guess , what was the results
24:54
of that ? Was it , you know , really
24:56
significant how different , say , one ad
24:58
would play versus another one ?
25:02
Yeah , I guess when you're , the
25:05
interesting thing with with ads is there's
25:07
the whole like , there's
25:10
different ads at different stages of like the funnel or
25:12
the your marketing
25:14
kind of spend or which I guess they're
25:16
actually like just touch points for your , your
25:19
consumer . But
25:21
yeah , we're , you know , penntile
25:23
is an omnichannel business and
25:26
I guess the interesting about that is you're
25:28
running a lot of channels at the same time . Right , you've
25:30
got export off
25:32
trade , which is your like retail , and
25:35
on on trade , which is like bars and
25:37
bars and restaurants , as
25:39
well as DTC and other
25:41
stuff . So I guess the advantage of being an
25:43
omnichannel business is you can kind
25:45
of you can weave a little bit . You know , you
25:47
we've had pandemics and all this
25:49
kind of stuff that have happened over our years of
25:51
trading and some of the channels have kind of have
25:53
have moved . Ultimately you've got
25:56
to have a channel strapped , seeing that channel's
25:58
got to grow . But definitely at certain times
26:00
it's good to like have certain ones
26:02
to lean on . But yeah , dtc
26:04
is really interesting . It's like you obviously
26:06
have a lot of other benefits on top of the revenue
26:10
. But you get a lot of learnings . You know you get a lot
26:12
of data . You get to know like where your customers
26:14
are , like , who's buying it , how many times
26:17
are they buying it , are people bundling up Like
26:19
are they like long time customers and have they switched
26:21
across products ? And then also
26:24
you get like a get a big feedback loop . So so
26:27
for us it's like it's a multi-use channel
26:29
, and also when you're entering new territories
26:31
, it's pretty fun as well . So
26:34
, yeah , everyone's got like a
26:36
lot of different strategies with their DTC
26:38
stuff , but
26:41
it's definitely something that we invest in and
26:43
definitely going to continue to as well
26:45
. And , yeah , lots of good stuff happens
26:47
from it fun interactions .
26:49
And how does that differ from like Amazon ? What's
26:51
that Amazon like to deal with
26:53
and sell on ? Is it more difficult challenge to sort
26:56
of get your brand across that you invest so much time in , or
26:58
do you think people are sort of going to Amazon because they've
27:00
had different touch points with your brand along their
27:02
journey ?
27:05
Yeah , good
27:07
question . I guess
27:10
you I
27:12
think it was that pretty just depends where you are on
27:15
your brand
27:17
journey as well . Right , we definitely feel like
27:19
now we feel like people
27:21
are understanding Pentar a little bit more . We've got a good
27:23
customer base . Four years in we
27:25
can be a bit broader and a bit braver
27:27
. I think at the beginning you're very much like
27:29
you're trying to tell everyone everything
27:31
at once and
27:34
you're thinking , oh , if we're going to do
27:36
that or I don't know , we're going to put that piece
27:38
, that thing in that magazine , people
27:41
might not have just heard of us and so we've got
27:43
to put a whole brand sales
27:45
pitch on there . And then you're thinking , oh , it looks a bit
27:47
busy and you kind of get in the spiral , whereas
27:51
whereas now we advertise with a bit
27:53
more breathing space and enjoy it and kind
27:55
of love what Pentar is . And I think long
27:57
term about it , because we have these
27:59
channels , they're a bit bigger and businesses moved on
28:02
and we have lots of lovely customers everywhere . Or
28:04
maybe people will say anything oh , that looks
28:06
cool , and then there's a likelihood
28:08
that they might see the product somewhere else soon
28:10
, on a menu or on a shelf . I
28:12
think how that links back to your question is , like
28:15
you know , ultimately
28:17
it's great to be available . Yeah , amazon's
28:19
so important for availability , right , their delivery
28:21
speed is nuts and
28:24
the fact that , especially if you're living , like I
28:26
mean , in London , the delivery speed is really high . But if you're
28:28
living regionally as well , the fact that you
28:30
can not leave your home and get somewhere you
28:32
know something so fast is is is
28:35
crazy . So it's
28:37
nice to be on there and be available for , like , repeat purchase
28:39
as well . And also , you know you can , you can
28:41
do ad campaigns , you can bid on stuff
28:43
. But , yeah , nice
28:45
, it's a great availability channel , for sure
28:48
. And then how much you want to , kind of how
28:50
much you want to bid and play on it is
28:52
is , I guess , another thing and , depending on what
28:54
you're like , what your numbers are and
28:56
how much you can afford to spend is ultimately
28:59
what they're like . Dc fear
29:01
comes down to , on how much you can afford to spend
29:04
, and a lot of that , I guess , is based on the like
29:06
metrics that that you're getting with your product
29:08
, product and brand and that
29:10
space .
29:12
Amazing . I'll go back to sort of the
29:14
start of the journey . I guess one thing I heard you saying
29:16
it reached out to me was someone asked you
29:18
about entrepreneurship and you sort of
29:21
said , if something you need to
29:23
keep trying and keep trying until
29:25
something works , I guess what ? What do you mean
29:27
by that ?
29:29
I think maybe it can compiles of a of
29:31
a of a lot of things , doesn't it ? And
29:33
anyone trying to achieve stuff is go
29:35
a bit of balance of determination and open
29:38
mind and kind of believing
29:40
in yourself when you just believe that something's right , and
29:42
also maybe listening to why
29:45
some you know you didn't get something and
29:47
something was maybe , maybe wrong
29:50
. So it's definitely just about like moving
29:52
forward in the right way and , yeah
29:54
, bit of a I'll go back to a bit of a balance
29:56
of determination and listening and and
29:59
and flow state as well
30:02
. Yeah , so listening as much
30:04
as pushing , I think , is really really key in that
30:06
. And if you've got a good talking
30:10
into people and bringing it to life
30:12
in any way you can , you can quickly kind
30:14
of learn whether it's yay or nay for
30:17
people or not .
30:18
I want to finish on one final point around sustainability
30:20
. I know it's a big thing for Pentai
30:22
and your registered B Corp and
30:24
one thing I love going home to the website was
30:27
you published your report around
30:29
sort of how what you're doing in terms of like
30:31
the key points around sort of B Corp , around
30:34
environment , employees , et cetera , how
30:36
important is for you , for the organization and how much do you guys
30:38
keep like pushing around that ? How difficult
30:40
is it to manage , I guess as well as you know
30:42
, trying to drive those rate of sales like we've been talking
30:44
about .
30:48
The B Corp thing was really was really interesting
30:52
, as they're like outdoors inspired drinks
30:54
company and I saw being like especially
30:56
in and around the ocean every day , as sustainability
30:59
has always been a very cool part of what we've been doing
31:01
, and the B Corp thing is amazing
31:03
movement , really fun , and we just like
31:05
love , love being part of it
31:07
. It was also interesting . You
31:09
know being accredited was a lot of hard
31:11
work , but it was very like
31:14
doing all of the whole process
31:16
with stuff that we were naturally kind of doing anyway . So
31:19
it was really nice to like and we achieved
31:21
a really good , good , high score of which
31:23
we see as a baseline that we're now looking to like , build
31:26
on quite aggressively . So it was
31:28
. It was really nice to kind of get a nod
31:30
also back to ourselves going okay , cool , this is great
31:32
. We're like we're doing stuff in a really good
31:34
way and we've got loads more headroom to
31:37
go , so it's
31:39
really vital . It's really vital for the environment
31:41
we're in . You know it's always been a
31:43
goal and something
31:46
that we're passionate about
31:48
being a beacon brand for for
31:51
the sector for sure . So
31:53
doing stuff in the right way is really imperative , and
31:55
also when you're trying to build a long term business
31:57
. I think you , you know you've got to keep imagining
31:59
it scale , scale , scale . So
32:02
I've got to put in foundations early
32:05
on for that .
32:06
And for people about
32:08
weight throws . What information can you share for
32:10
them ?
32:11
Yeah , sure . So the
32:13
Pentacostal splits , which is
32:15
our naturally bitter aperitif
32:17
. It's got
32:20
like blood , orange sea , rosemary
32:22
and oakwood Really delicious
32:24
. It's launching in 200
32:27
weight throw stores next week . Everyone
32:30
in our whole whole company's been working
32:32
on it and has contributed to it . So
32:34
, yeah , really exciting , goes live next week
32:37
and we're very
32:39
, very , very pumped about it .
32:41
Incredible , and I guess one thing that might be nice
32:43
for the audience to hear about is any
32:45
books or recommendations for resources
32:48
that you like to go to or you recommend for
32:50
potential founders or resources
32:52
they might find useful . Anything that comes to mind .
32:56
Seeing the well . One
32:58
amazing thing about now , I guess , is
33:01
like the modern books of today and the podcast
33:03
like this one that you can you
33:05
can listen to and kind
33:07
of put good , positive , like positive
33:10
stuff in the brain . You know , I found that really really
33:12
helpful when I was starting out and we still
33:15
find it really helpful now in Pentar . We love listening
33:18
to , listening to podcasts , especially in this
33:20
sphere , and get to know how other people
33:22
are thinking and what they're up to , and stuff like that is
33:24
really really great . And then I've always been
33:26
very drawn
33:28
to , I guess , like
33:30
maybe entrepreneurs
33:33
in their field that put a very human element on
33:35
things like Ray
33:37
Dahlio's book Principles I think is really
33:39
really good . It just goes about like
33:41
ultimately he's a fund manager
33:43
but he's , you know , like on
33:47
the news talking about you
33:49
know like global markets and he's just there and it's like
33:51
T-shirt and cardigan and he's articulates
33:54
like a real human in a way that anyone could
33:56
understand , and so
33:59
that's really cool . And you know you're
34:01
, I guess you're sort of like you're Richard Branson's
34:03
and your people that you know like make modern business
34:05
really cool . You know they're
34:08
just good humans and they're also clearly
34:10
like really hardworking and really good at what they do
34:12
, but being a good human and being
34:14
a cool person that's
34:17
approachable and fun
34:19
and exciting as something first
34:21
. That's all where all the really good stuff
34:23
is , which again is why I think podcast
34:26
are great , because you get to learn a bit more
34:28
about people over a
34:30
polished book as well . So thank
34:32
you for all the stuff that you're doing . Congrats on it .
34:34
Oh , thanks , yeah , and I love Ray Dahlio's Principles
34:37
because I love the way he says . It's like oh , it's just another
34:39
one of those because of all of his experience that he just
34:41
knows like every situation feels so different
34:43
and unique , but ultimately there's so much similarities
34:45
that run through every single problem . And he's
34:47
like oh , you know , just based on these fundamental principles
34:50
you can sort of solve them and stuff .
34:51
So , yeah , it's definitely a great read and
34:54
also on that , like he's . So he's put
34:56
in his principles that sound really rigid and
34:58
you think God , that sounds nuts . But actually
35:00
he's just trying to go look everything's patterns , like
35:02
this is all normal . And then
35:04
the main thing that resonates to me in his kind of books
35:06
is you're like radical . He's had first
35:09
radical open-mindedness , right
35:11
, and that is part of a progression
35:13
journey . You know he's putting about principles in terms
35:15
of like what to do , but radical , you
35:18
got to really think about stuff and you got to get out
35:20
your own heads and you got to think , just because I
35:22
think this way , is that really right
35:24
? And is someone else right Because
35:27
maybe I should listen to them ? And
35:29
that sort of that is such a key
35:31
part in our whole company where it's like look
35:33
like guys , this is my thing , but like
35:35
I could well be wrong . What do you think ? It's
35:38
way much better to progress by having
35:40
like an open-minded chat with four people's opinions
35:42
and also guys , they're all of us
35:44
in this room wrong . Like for us
35:47
, we're really lucky . We've built up an amazing investment
35:49
network of our hero entrepreneurs
35:51
invested in our journey and something's cool
35:53
. Then we go . I've got this situation like what
35:55
do you , what would you do there ? And
35:58
they might not even be right . So
36:01
it's that kind of that way
36:03
of thinking is really good . Ultimately , you've got to make
36:05
a decision , you've got to move forward and you've got to do there and you've
36:07
got to fail forwards and take the learnings and it's going
36:09
to be like successful learning . But
36:11
just having those like things and seeing ahead
36:14
in scenarios I think is really great . Because
36:16
then your other you know , like
36:18
you know everyone's really
36:20
shoe dog right by Michael Hazley in the last
36:22
five years . Maybe it's a classic
36:24
to name , but the interesting thing about that journey
36:26
is being superhuman , talking
36:28
to you about his challenges
36:31
and his um
36:33
, his yeah , I was going
36:35
to say favors , but his like the things
36:37
that maybe didn't work along the way and
36:39
actually is . You know how chaotic the whole
36:41
progression journey was . So when
36:43
you really like they really lift the lid on
36:46
what's going on in these growth journeys and
36:48
also the , the like frame of mind that
36:50
you need to be in to progress forward , it's you've
36:53
got to swear or a certain to exercise , you've got
36:55
to get out of your own head , go to try and get rid
36:57
of some of your own emotions and you've got to stay cool and
36:59
stay progressive and if stuff
37:01
happens , maybe thinking about why it's happening to
37:03
you and then being
37:05
part of that along the way is some of the
37:07
stuff that we haven't won . Or
37:10
whether that's a listing , it's
37:12
an investment or it's
37:15
being part of something , or the
37:18
stuff sometimes that you don't win along the
37:20
way is stuff that you're not meant
37:22
to win or have
37:24
happened to you anyway . It just wasn't in your
37:26
plan . And we get these points where
37:28
we go , oh wow , like
37:30
so lucky that we didn't get that X
37:33
, like a year ago . You
37:35
know , oh my God , if we got you know
37:37
we're involved in that we'd be screwed
37:39
now , but at the time it was , you
37:41
just thought , if I just achieve that , that will
37:43
be what success is and we'll be fine , we'll
37:46
have nailed it . So lifting
37:48
the lid on those bits , I think is great , gives you insight
37:50
into that and it gives you insight into how long the journey
37:53
is , which is why you need to love it and
37:55
why you need to live it and why you need to be
37:57
thinking ahead and being around really good humans
38:01
so that it's really fun every day . And
38:04
if that can be happening , then I think
38:06
you're starting on a good step .
38:09
Yeah , I completely agree . I think it goes back to that sort
38:11
of purpose that we mentioned about you , like sort of , you
38:13
know , finding something real purpose in what you're
38:15
doing and , like you say , every day becomes
38:17
fun , it doesn't become a challenge and that's why you can keep
38:19
going those long distances , right , and that's kind
38:22
of that theme through all these people who've built these
38:24
businesses over such a long period of time , they
38:26
have that same core belief that you know they're doing
38:28
something bigger than just themselves . So completely
38:31
agree .
38:33
Definitely , definitely , and I'm sure you
38:35
know and you've got a got a community of
38:37
people that are , you know , founders
38:41
or early stage , you know early
38:43
, like teams
38:45
and businesses , you know , or
38:48
they're just a large company but they're
38:50
really entrepreneurial and they're
38:52
thinking is that
38:55
there's so many polished things out there
38:57
, there's so many like this is what we've done , and
38:59
it's a real danger when someone goes on , tells
39:01
about your pentai journey and explain this like four
39:03
year journey and two or three sentences
39:06
to try and make it easy for everyone to understand
39:08
, which is great , but it will just sounds really
39:10
easy and that can then make it very daunting
39:12
for people trying to start out as a guy can't do
39:14
that . I can't do that . I
39:17
got D's and E's in school and
39:20
so I have a . You know you got to
39:22
go . You know what can
39:25
you do , like what are your strengths
39:27
, and everyone's got strengths in
39:29
other ways and you can . You can buddy
39:31
up with people and compliment your skill sets or you
39:33
can just actually like try and find your what's
39:37
like . You know , try and find
39:39
your strength and move stuff forwards . So
39:41
often it's not as complicated as you think
39:43
as well to take like one
39:45
step forward and simplify it . So
39:48
that's just a really interesting , a really interesting thing
39:50
. Again , why I think your pods are great is because you're
39:52
having really human chats of people that are
39:54
really open , really open about about moving
39:57
forward . And it's great to have a strategy
39:59
, but with the strategy , you've got to have a really open
40:01
mind about it needing to change and it being
40:03
like not the right path forward as well
40:05
. So , yeah , respect to everyone that's growing something
40:08
and keep
40:10
, keep going wherever you are on the journey .
40:13
Yeah , I love that and it's just a still to what
40:15
you just said there . It's just focused on that one step
40:17
and you know you'd be amazed how far you can get just doing that
40:19
one step so incredible . I think it's
40:21
perfect point to finish in soon . Again , I want
40:23
to reiterate to everyone how what
40:25
an incredible brand is and if they do get a chance to go
40:27
on to their website to watch their
40:29
films , because they are honestly incredible
40:31
to watch and I guess as well happening
40:35
next week . You mentioned right the nationwide listing
40:37
to waitrose for people if they want to
40:39
go grab some .
40:41
Yeah , that's it . And so
40:43
so grateful to be on and I think
40:45
you know , yeah , lucky to be on
40:47
, but I'm only here down to the amazing
40:49
team we have at Pentar and really lucky
40:51
enough to to run
40:54
the companies by side of my really good
40:56
friend and co founder , ed . Everyone
40:59
in the team is amazing and we're only
41:01
where we are because we've had so many customers
41:04
believe in us . If that's like they bought a bottle on DTC
41:06
or they bought one drink in a bar , or or
41:08
they're a celebrity that's Instagram day
41:10
, or in their chef or bartender , that's believed
41:13
in it . We're just super grateful to our whole
41:15
community and everyone that's been been part
41:17
of the positive journey along the way . So
41:19
, yeah , big , big thanks to everyone and and
41:22
thanks to you , it's been really fun . And
41:24
yeah , onto the next chapter .
41:27
Amazing . I look so much looking forward to seeing what's happening , because
41:29
I think it's a incredible brand and it's going to be definitely
41:32
going on to do big things . So , thanks so much , come on and share
41:34
the journey . Yeah , so
41:37
, as always , guys , thank
41:39
you so much for listening , really
41:42
appreciate the support and
41:44
if you guys like it and you're enjoying what
41:46
you're listening to , please like
41:48
and subscribe . And for
41:51
your review , we'd really appreciate
41:53
it . Again , we'll be
41:55
back doing this weekly and
41:58
, yeah , if you want to know more about starting a food business
42:00
, head to wwwjageringwoodcom
42:03
. And , as always , thank you
42:05
and be great .
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