How I Built This with Guy Raz

Thrive Market: Nick Green

32 snips
Aug 12, 2024
Nick Green, Co-founder and CEO of Thrive Market, discusses his journey from struggling to secure funding to building an online grocery giant focused on healthy living. He shares how they creatively overcame initial setbacks and navigated the world of venture capitalism, eventually winning over critics with grassroots support from health influencers. The conversation dives into unexpected challenges, like a marketing mishap with coconut oil, and the importance of adaptability in entrepreneurship as they achieved rapid growth while staying mission-driven.
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ANECDOTE

Accidental Entrepreneur

  • Nick Green saw an opportunity to become an SAT prep tutor while in high school.
  • He started by tutoring individuals, then expanded to classes held in his garage.
ADVICE

Incubate While in School

  • Consider incubating your business idea while still in school.
  • This allows for a running start and reduces the risk of pursuing entrepreneurship.
INSIGHT

Early Exit Trade-offs

  • Selling a business early can provide financial security but may not be fulfilling.
  • Pursue ventures that align with your values and passions for long-term satisfaction.
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