1 00:00:04,920 --> 00:00:06,520 Speaker 1: Welcome to the Mentor, and I'm Mark Boris. 2 00:00:09,920 --> 00:00:12,800 Speaker 2: Ben Crowley, Welcome to the Mentor, Mate, thanks for having 3 00:00:12,840 --> 00:00:14,920 Speaker 2: us as welcome. Now. 4 00:00:14,960 --> 00:00:17,640 Speaker 1: You're the founder and director of Bulk Nutrients. 5 00:00:17,480 --> 00:00:19,280 Speaker 2: And we're going to talk about Bulk Nutrients in a moment. 6 00:00:20,360 --> 00:00:22,320 Speaker 2: And I have to say you're one of the major 7 00:00:22,320 --> 00:00:26,560 Speaker 2: sponsors of our highly regarded Project one hundred series and 8 00:00:26,600 --> 00:00:30,160 Speaker 2: I appreciate that. And I do use your stuff too, 9 00:00:30,160 --> 00:00:33,320 Speaker 2: by the way, but I don't look that bulky, but 10 00:00:33,360 --> 00:00:35,559 Speaker 2: I do use your stuff. And we've got a few 11 00:00:35,600 --> 00:00:38,320 Speaker 2: of the few of the items here and I don't 12 00:00:38,320 --> 00:00:39,960 Speaker 2: know why we've got water in there, but I presume 13 00:00:40,000 --> 00:00:41,440 Speaker 2: they're going to want me to shake one up something. 14 00:00:41,760 --> 00:00:49,240 Speaker 2: I'm not sure Ben your business, you're you just from Tasmanium, 15 00:00:49,520 --> 00:00:51,560 Speaker 2: so maybe you could just tell us is your business 16 00:00:51,600 --> 00:00:53,480 Speaker 2: base in Tasmania and you're a national business. 17 00:00:53,520 --> 00:00:54,000 Speaker 1: What's the deal? 18 00:00:54,600 --> 00:00:57,320 Speaker 3: Yep? So just one thing I mentioned to the bulk 19 00:00:57,360 --> 00:00:59,200 Speaker 3: from the name actually comes from buying in bulk and 20 00:00:59,240 --> 00:01:01,080 Speaker 3: saving money rather than being. 21 00:01:01,760 --> 00:01:05,480 Speaker 1: Well priced, absolutely very well priced, right ye yea for sure? 22 00:01:05,560 --> 00:01:10,959 Speaker 2: Yeah yeah, And then unfortunately did papers But I do, 23 00:01:11,040 --> 00:01:13,560 Speaker 2: I do use this stuff, and Ben's been great to 24 00:01:13,720 --> 00:01:18,000 Speaker 2: make sure that I've got whatever. They got so much 25 00:01:18,000 --> 00:01:20,720 Speaker 2: of arrange to I've got a shock the stuff you've got. 26 00:01:20,760 --> 00:01:23,200 Speaker 2: You've got so many different things. I wouldn't even know 27 00:01:23,240 --> 00:01:24,839 Speaker 2: how to go through them. Or there's so many things, 28 00:01:24,959 --> 00:01:27,880 Speaker 2: and I keep trying of trying everything. But my ones 29 00:01:28,480 --> 00:01:32,200 Speaker 2: might and creating. So they are two really important ones 30 00:01:32,240 --> 00:01:35,480 Speaker 2: for me, yep and I. 31 00:01:35,520 --> 00:01:37,080 Speaker 1: But I guess I should have stop talking about me. 32 00:01:37,120 --> 00:01:38,880 Speaker 2: I'm I'm more interested in you, but to be that's 33 00:01:38,920 --> 00:01:42,440 Speaker 2: what it's just shows about you today. So when did 34 00:01:42,480 --> 00:01:46,920 Speaker 2: you Why is it you decided to set up a 35 00:01:47,000 --> 00:01:47,840 Speaker 2: nutrient business? 36 00:01:48,400 --> 00:01:51,200 Speaker 3: Okay, so this goes back to about two thousand and four. 37 00:01:51,280 --> 00:01:55,160 Speaker 3: I was living in Japan teaching English and teacher, well 38 00:01:55,200 --> 00:01:57,360 Speaker 3: an English teacher, so it's kind of you do an 39 00:01:57,360 --> 00:01:59,800 Speaker 3: adhole course to do that rather than being a full 40 00:01:59,840 --> 00:02:02,000 Speaker 3: time but you can teach this as a second language. 41 00:02:03,040 --> 00:02:03,920 Speaker 1: Can you speak Japanese? 42 00:02:04,640 --> 00:02:07,720 Speaker 3: Next question? One of the beautys of teaching in Japan 43 00:02:07,840 --> 00:02:09,880 Speaker 3: is they didn't want us to speak Japanese at all, 44 00:02:10,120 --> 00:02:12,720 Speaker 3: so that suited me. You know, it's a weird. 45 00:02:12,760 --> 00:02:14,400 Speaker 1: That's a weird. That's weird. So how do you know 46 00:02:14,400 --> 00:02:16,120 Speaker 1: about that? Like, how'd you find ou about something like that. 47 00:02:18,280 --> 00:02:22,400 Speaker 3: I guess teaching English's second language. Teaching is pretty pretty 48 00:02:22,680 --> 00:02:23,880 Speaker 3: popular with younger people. 49 00:02:24,000 --> 00:02:24,360 Speaker 1: Yeah. 50 00:02:24,680 --> 00:02:26,240 Speaker 3: The idea is you can kind of go go around 51 00:02:26,240 --> 00:02:28,440 Speaker 3: the world and it's different places. And I was originally 52 00:02:28,480 --> 00:02:31,280 Speaker 3: going to go to Mexico. Long story, but I'm a 53 00:02:31,280 --> 00:02:32,679 Speaker 3: big boxing fan. And they met a guy in a 54 00:02:32,720 --> 00:02:36,480 Speaker 3: boxing forum that said, why don't you come to Japan first? Okay, 55 00:02:36,520 --> 00:02:37,960 Speaker 3: that'd be cool, and I looked into it a bit 56 00:02:38,000 --> 00:02:40,519 Speaker 3: and thought, yeah, that looks looks interesting and he was 57 00:02:40,560 --> 00:02:42,320 Speaker 3: telling me, you know what kind of great life style 58 00:02:42,360 --> 00:02:45,880 Speaker 3: you have as a young Australian over there, And yeah, 59 00:02:46,000 --> 00:02:48,280 Speaker 3: ended up just kind of organizing myself, jumping on a 60 00:02:48,320 --> 00:02:51,120 Speaker 3: plane and it's a pretty cool place. I was amazing, 61 00:02:51,160 --> 00:02:54,960 Speaker 3: and especially twenty five years ago. Twenty years ago it 62 00:02:55,040 --> 00:02:56,960 Speaker 3: was it was great. Yeah, I mean still is great, 63 00:02:57,400 --> 00:03:00,760 Speaker 3: but yeah, probably the pay and things back then. I 64 00:03:00,840 --> 00:03:03,800 Speaker 3: think even ten years before was really good. Whereas you 65 00:03:03,840 --> 00:03:05,680 Speaker 3: don't really want to be teaching over there now because 66 00:03:05,680 --> 00:03:06,480 Speaker 3: you're not earning much. 67 00:03:06,840 --> 00:03:10,040 Speaker 2: So you're a boxing fan, massive boxing fan. Yeah, yeah, 68 00:03:10,320 --> 00:03:12,280 Speaker 2: so you've got a couple of good fighters come down, 69 00:03:12,440 --> 00:03:20,720 Speaker 2: come from Tasmania. Jacko, He's what he fought for the 70 00:03:20,720 --> 00:03:24,120 Speaker 2: world title, and I think the featherweight division. He fought 71 00:03:24,120 --> 00:03:28,960 Speaker 2: the Irishman jack Ash Jackson. Unfortunately he lost that fight, 72 00:03:29,040 --> 00:03:31,320 Speaker 2: but he's a great he's a Tasmanian. And you've got 73 00:03:32,560 --> 00:03:35,560 Speaker 2: who is the other guy, the other featherweight, the blonde 74 00:03:35,560 --> 00:03:36,280 Speaker 2: head featherweight. 75 00:03:37,560 --> 00:03:44,800 Speaker 3: We've got a younger with sponsored, Sebastian sab he's pretty good. Yeah, yeah, yeah, Look, 76 00:03:44,840 --> 00:03:47,400 Speaker 3: I mean boxing a big love of mine. So actually 77 00:03:47,400 --> 00:03:48,720 Speaker 3: you just have a lot to do with robbery Peden. 78 00:03:49,040 --> 00:03:50,320 Speaker 3: Don't know if you know bomb and Peton. But he 79 00:03:50,360 --> 00:03:53,480 Speaker 3: was a world champion. Yeah, yeah, I don't know, but 80 00:03:52,800 --> 00:03:55,680 Speaker 3: I saw him win a world title and I watched 81 00:03:55,680 --> 00:03:59,680 Speaker 3: Sam Solomon a couple of times too time. Sorry, Sam, 82 00:04:00,120 --> 00:04:00,640 Speaker 3: I know, just. 83 00:04:00,880 --> 00:04:03,160 Speaker 2: So that would have been Sam would have been in 84 00:04:03,200 --> 00:04:08,720 Speaker 2: the sort of two thousand and two twenty. 85 00:04:09,160 --> 00:04:09,960 Speaker 3: Yeah. 86 00:04:10,000 --> 00:04:11,200 Speaker 1: He had a pretty awkward fighter. 87 00:04:11,440 --> 00:04:12,560 Speaker 3: Yeah, yeah, that's right. 88 00:04:12,600 --> 00:04:16,240 Speaker 2: He used to sort of get down low and it 89 00:04:16,320 --> 00:04:18,599 Speaker 2: was always hard to hit him. And I remember he 90 00:04:18,640 --> 00:04:21,200 Speaker 2: Ford Garth would for there was a top ten fight 91 00:04:21,680 --> 00:04:24,479 Speaker 2: and they would have given a Garth ranking the same 92 00:04:24,520 --> 00:04:29,240 Speaker 2: at the time was two or three in the middleway division. 93 00:04:29,920 --> 00:04:31,760 Speaker 2: Sam very a good fighter. I don't know whatever happened 94 00:04:31,800 --> 00:04:34,920 Speaker 2: to him, but I usually watched him. He was really 95 00:04:35,000 --> 00:04:37,280 Speaker 2: weird way he was able to get really down low 96 00:04:37,440 --> 00:04:39,320 Speaker 2: and then he'd come in at you pretty hard. 97 00:04:39,960 --> 00:04:42,200 Speaker 1: It was an awkard fighter. Yeah, so you used to 98 00:04:42,200 --> 00:04:43,640 Speaker 1: watch Sam and that I did. 99 00:04:43,960 --> 00:04:46,200 Speaker 3: Actually, Sam had a fight against go called David Reid. 100 00:04:46,279 --> 00:04:48,000 Speaker 3: He was sort of established in America. I think it 101 00:04:48,000 --> 00:04:50,520 Speaker 3: was David Reid something like that, and I think Sam 102 00:04:50,520 --> 00:04:53,120 Speaker 3: went in late notice and he did his funky style 103 00:04:53,560 --> 00:04:55,760 Speaker 3: and he almost it was almost a massive upset, you know. 104 00:04:55,920 --> 00:04:57,800 Speaker 3: The Americans like, where the hell is this guy? 105 00:04:58,360 --> 00:04:58,600 Speaker 2: Yeah? 106 00:04:58,800 --> 00:05:02,800 Speaker 3: I love boxing, Why do I look? I kind of 107 00:05:02,839 --> 00:05:04,960 Speaker 3: like the underdog story, you know, I see our stories 108 00:05:05,000 --> 00:05:07,400 Speaker 3: a little bit like that. But look, there's a lot 109 00:05:07,400 --> 00:05:09,839 Speaker 3: of sports. I'm a massive motors sport fan, and that's 110 00:05:09,920 --> 00:05:13,040 Speaker 3: the complete opposite like boxing, a little bit like soccer 111 00:05:13,120 --> 00:05:15,600 Speaker 3: and a lot of these other true international games where 112 00:05:15,640 --> 00:05:17,680 Speaker 3: you come from a poor family, you know, train really 113 00:05:17,720 --> 00:05:19,400 Speaker 3: hard and too well and yeah, kind of a bit 114 00:05:19,400 --> 00:05:22,480 Speaker 3: of a Cinderella type thing. And I think I've always 115 00:05:22,520 --> 00:05:25,240 Speaker 3: loved boxing because it's a story of kind of the 116 00:05:25,320 --> 00:05:29,520 Speaker 3: underclasses and some of those poorer countries and I don't know, 117 00:05:29,600 --> 00:05:33,080 Speaker 3: you know, grit and determination everything. I think all those 118 00:05:33,160 --> 00:05:35,359 Speaker 3: values that I really admire, Like you've got to have 119 00:05:35,400 --> 00:05:37,359 Speaker 3: those to be a good boxer, you know, I like 120 00:05:37,400 --> 00:05:39,320 Speaker 3: just flashy guys. But yeah, it's. 121 00:05:39,200 --> 00:05:42,440 Speaker 2: Interesting when you say the under class, because you don't 122 00:05:42,440 --> 00:05:46,560 Speaker 2: see boxing toward anything. You know, the private schools maybe 123 00:05:46,880 --> 00:05:49,320 Speaker 2: probably worried about kids getting hurt and different things, but 124 00:05:50,000 --> 00:05:52,760 Speaker 2: used to those they used to it. In fact, my 125 00:05:52,839 --> 00:05:57,880 Speaker 2: oldest son boxed at Scott's College. It's twenty more than 126 00:05:57,960 --> 00:06:00,680 Speaker 2: twenty five years ago now, but they probably a couple 127 00:06:00,720 --> 00:06:02,320 Speaker 2: of years after he left. You just got rid of 128 00:06:02,360 --> 00:06:03,960 Speaker 2: it because it was sort of deemed to be a 129 00:06:04,000 --> 00:06:09,080 Speaker 2: little unpopular. But you're right, it is. That's there was 130 00:06:09,120 --> 00:06:12,800 Speaker 2: the cinerelement that movie, So there is there is that, 131 00:06:14,480 --> 00:06:18,800 Speaker 2: you know, from poverty and ashes. Boxing was the opportunity 132 00:06:18,800 --> 00:06:21,560 Speaker 2: to make a quid, may name yourself and turn through 133 00:06:21,680 --> 00:06:25,000 Speaker 2: things around. The obviously is rocky, Yes, the great story. 134 00:06:25,440 --> 00:06:28,120 Speaker 2: So that sort of stuff appeals to you taking an 135 00:06:28,160 --> 00:06:29,320 Speaker 2: establishment so to speak. 136 00:06:29,400 --> 00:06:32,160 Speaker 3: Absolutely, Yeah, yeah, no, I think so. Yeah. I guess 137 00:06:32,200 --> 00:06:34,400 Speaker 3: when you sort of grow up and you the way 138 00:06:34,400 --> 00:06:36,719 Speaker 3: you see yourself and sort of fitting into society and 139 00:06:36,800 --> 00:06:39,680 Speaker 3: those around you, and I probably more identified as a 140 00:06:39,720 --> 00:06:42,159 Speaker 3: bit of an outsider, and yeah, hence you know the 141 00:06:42,200 --> 00:06:46,200 Speaker 3: story with OLK two that was watched. The term disruptive, 142 00:06:46,320 --> 00:06:48,320 Speaker 3: you know in terms of coming into industry and doing 143 00:06:48,320 --> 00:06:50,560 Speaker 3: things quite differently. So you come over from Japan, Yeah, 144 00:06:50,560 --> 00:06:52,440 Speaker 3: we actually I was over in Japan at the time 145 00:06:52,480 --> 00:06:55,360 Speaker 3: and I was buying a lot of products from America. 146 00:06:54,640 --> 00:06:55,640 Speaker 1: And what type products? 147 00:06:55,720 --> 00:06:58,279 Speaker 3: Yeah, so protein powders, all of the brands, you know, 148 00:06:58,279 --> 00:07:03,280 Speaker 3: opt nutrition, the popular brands that big there, buying them 149 00:07:03,279 --> 00:07:07,479 Speaker 3: into Japan through online stores, and then realizing looking at going, 150 00:07:07,560 --> 00:07:09,440 Speaker 3: why do we pay so much for this stuff? In Australia? 151 00:07:09,480 --> 00:07:11,880 Speaker 3: You know what's going on here, you know, exactly the 152 00:07:11,880 --> 00:07:15,240 Speaker 3: same products. And that's when my first goal was to 153 00:07:15,240 --> 00:07:18,320 Speaker 3: maybe import American products into Australia. And the more research 154 00:07:18,360 --> 00:07:21,760 Speaker 3: I did on manufacturing the products where the ingredients come from, 155 00:07:21,880 --> 00:07:23,880 Speaker 3: the more I realized that we could make these products 156 00:07:23,880 --> 00:07:25,120 Speaker 3: in Australia. 157 00:07:25,240 --> 00:07:29,760 Speaker 2: So was it more about I mean, the typical or 158 00:07:29,800 --> 00:07:34,320 Speaker 2: the build explanation or definition of someone who's disrupting is 159 00:07:34,360 --> 00:07:39,720 Speaker 2: to make a product more affordable and more accessible. Was 160 00:07:39,760 --> 00:07:42,920 Speaker 2: this about just making it well? Assuming the product quality, 161 00:07:42,920 --> 00:07:44,440 Speaker 2: We'll talk about the product quality of the moment, But 162 00:07:44,720 --> 00:07:46,800 Speaker 2: was about making it more affordable. 163 00:07:46,520 --> 00:07:51,840 Speaker 3: Yeah, absolutely, but also quality. So what is most commonly 164 00:07:51,840 --> 00:07:53,600 Speaker 3: the case is people come to a market and they go, 165 00:07:53,640 --> 00:07:56,040 Speaker 3: how do I make a more sophisticated product. Now I 166 00:07:56,120 --> 00:07:59,480 Speaker 3: realized at the time that what consumers wanted, and consumers 167 00:07:59,600 --> 00:08:02,200 Speaker 3: like my health was we actually want a more simple product. 168 00:08:02,640 --> 00:08:05,360 Speaker 3: So back then it was you know, American brands, lots 169 00:08:05,400 --> 00:08:07,960 Speaker 3: of claims, lots of ingredients, lots of smoke and mirrors, 170 00:08:08,200 --> 00:08:10,240 Speaker 3: and it was really clear that people just said, look, 171 00:08:10,240 --> 00:08:12,880 Speaker 3: if someone gives us a protein powder as pure as 172 00:08:12,880 --> 00:08:15,400 Speaker 3: possible with a little bit of flavoring sweetener in there, 173 00:08:15,760 --> 00:08:18,000 Speaker 3: that's what we want. And so what we did is 174 00:08:18,000 --> 00:08:19,760 Speaker 3: we said, look, it'll be a more simple product, it 175 00:08:19,800 --> 00:08:22,320 Speaker 3: will be much more pure, and you'll buy it directly 176 00:08:22,360 --> 00:08:25,200 Speaker 3: from us. So our manufacturer direct model the ideas that 177 00:08:25,240 --> 00:08:29,120 Speaker 3: we source all the ingredients, lots of Australian New Zealand proteins, 178 00:08:30,320 --> 00:08:32,040 Speaker 3: blend them all up and then sell them to the 179 00:08:32,080 --> 00:08:36,640 Speaker 3: customer and through the online shop. And so there's no distributors, 180 00:08:36,679 --> 00:08:39,360 Speaker 3: you know, no importers, no one else that will sort 181 00:08:39,360 --> 00:08:42,439 Speaker 3: of middleman retail, et cetera earning their chunk. 182 00:08:42,600 --> 00:08:45,880 Speaker 2: So then that's so can we just talk about your 183 00:08:47,360 --> 00:08:50,120 Speaker 2: let's call it the business model in terms of making 184 00:08:50,120 --> 00:08:54,480 Speaker 2: it more more affordable, get more less expensive if we could. 185 00:08:55,360 --> 00:08:57,280 Speaker 1: I do want to talk about the product. 186 00:08:57,040 --> 00:08:59,240 Speaker 2: And ingredients at the moment, just put out a side, 187 00:08:59,559 --> 00:09:02,640 Speaker 2: but just in terms of the structure of how you 188 00:09:02,679 --> 00:09:03,479 Speaker 2: make something. 189 00:09:04,720 --> 00:09:07,800 Speaker 1: More affordable. YEP, I was gonna say tribute, but no, that's. 190 00:09:07,480 --> 00:09:08,320 Speaker 3: Sort of more affordable. 191 00:09:08,320 --> 00:09:09,640 Speaker 1: That sort of suggests. 192 00:09:09,440 --> 00:09:12,960 Speaker 2: Something and the ingredients or something like that, so more affordable. 193 00:09:14,400 --> 00:09:17,160 Speaker 2: The business model is that what did you do first? 194 00:09:17,240 --> 00:09:20,720 Speaker 2: Did you sit down and examine every single stage of 195 00:09:20,760 --> 00:09:22,800 Speaker 2: what everybody else is doing? In other words, you know, 196 00:09:23,240 --> 00:09:29,040 Speaker 2: produced a product, producing packaging, distributed distribution costs. Did you 197 00:09:29,040 --> 00:09:30,920 Speaker 2: sit down and then break down that down and sort 198 00:09:30,960 --> 00:09:34,360 Speaker 2: of say these things I can get rid of basically? 199 00:09:34,480 --> 00:09:36,960 Speaker 3: Yeah, and if we look, let's just run through a scenarios. 200 00:09:37,000 --> 00:09:39,200 Speaker 3: Let's say Mark Morris goes, look, I want to have 201 00:09:39,200 --> 00:09:41,400 Speaker 3: a protein company. If you want to be as easy 202 00:09:41,440 --> 00:09:43,320 Speaker 3: as possible, what you do, as you'll reach out to 203 00:09:43,600 --> 00:09:46,400 Speaker 3: a contractor. Now they will manufacture. 204 00:09:45,880 --> 00:09:47,559 Speaker 1: The product a food A food. 205 00:09:47,559 --> 00:09:50,760 Speaker 3: Sorry, that's right, A nutritional suppleon't manufacturer. And there's lots 206 00:09:50,760 --> 00:09:54,920 Speaker 3: of those, lots of you know, certainly good quality establishments 207 00:09:54,920 --> 00:09:59,679 Speaker 3: around Australia to this contracting. They would then most commonly 208 00:09:59,720 --> 00:10:03,240 Speaker 3: get the ingredients from Australian supplier. Now that Australian supplier 209 00:10:03,360 --> 00:10:06,680 Speaker 3: deals with overseas suppliers deals with Australian dairies, but they're 210 00:10:06,720 --> 00:10:10,439 Speaker 3: also another middleman. Now, once that company, that contractor for you, 211 00:10:11,120 --> 00:10:14,080 Speaker 3: buys those ingredients through the supplier, that's obviously a margin there. 212 00:10:14,280 --> 00:10:16,840 Speaker 3: They're manufacturing that product, they're putting a margin on, and 213 00:10:16,840 --> 00:10:19,160 Speaker 3: then if you want to sell that same product through retailers, 214 00:10:19,360 --> 00:10:22,400 Speaker 3: that's another margin there. Now, pretty much from day one 215 00:10:22,480 --> 00:10:26,559 Speaker 3: we went directly to supplies in Australia, so actual dairies 216 00:10:26,600 --> 00:10:30,600 Speaker 3: and pharmaceutical ingredient manufacturers overseas and we're buying direct from 217 00:10:30,640 --> 00:10:35,080 Speaker 3: them and again getting the ingredients to us doing the 218 00:10:35,120 --> 00:10:38,000 Speaker 3: manufacturing and then selling direct to the customer. So there's 219 00:10:38,040 --> 00:10:40,320 Speaker 3: about three different people there that will normally have a 220 00:10:40,360 --> 00:10:42,760 Speaker 3: margin that don't have a margin with our model. 221 00:10:42,520 --> 00:10:45,200 Speaker 2: Which means it doesn't reflect them in the business model pricing. 222 00:10:45,480 --> 00:10:48,480 Speaker 3: That's right, yeah, yeah, yeah, And look it's a great 223 00:10:48,520 --> 00:10:51,640 Speaker 3: way of saying that we can use were used to advertise, 224 00:10:51,679 --> 00:10:53,280 Speaker 3: you know, you get what you pay for because I 225 00:10:53,440 --> 00:10:55,720 Speaker 3: like that. And it's like with bog nutrients, it's what 226 00:10:55,760 --> 00:10:57,880 Speaker 3: you're not paying for, and so you're not paying for 227 00:10:57,920 --> 00:11:01,839 Speaker 3: that extra supplier, the extra importer, the contractor, and the retailer. 228 00:11:02,000 --> 00:11:04,720 Speaker 3: It's just going from our factory and we're sourcing lots 229 00:11:04,720 --> 00:11:07,600 Speaker 3: of ingredients at one time, manufacturing the product, and then 230 00:11:07,679 --> 00:11:08,840 Speaker 3: sending it straight to the customer. 231 00:11:08,920 --> 00:11:12,240 Speaker 2: So let's just pick on protein from a moment. Let's 232 00:11:12,280 --> 00:11:14,640 Speaker 2: pick on Way protein because that's one of your products. 233 00:11:15,720 --> 00:11:19,360 Speaker 2: And you weren't like a you're not a food scigentist 234 00:11:19,440 --> 00:11:19,840 Speaker 2: or anything like. 235 00:11:19,840 --> 00:11:22,560 Speaker 1: That, No, no ah. 236 00:11:21,800 --> 00:11:24,840 Speaker 2: But you get food signists in so you have to 237 00:11:24,880 --> 00:11:26,640 Speaker 2: have someone to tell you know it formulates. 238 00:11:26,760 --> 00:11:29,040 Speaker 3: Yeah, and look, look, lots of our team. We've got 239 00:11:29,320 --> 00:11:31,720 Speaker 3: massive experience our team for many decades. 240 00:11:31,760 --> 00:11:33,959 Speaker 2: Let's go back to two thousand and six, whatever it 241 00:11:34,080 --> 00:11:36,000 Speaker 2: was when it started. Yes, how did you do that? 242 00:11:36,200 --> 00:11:39,560 Speaker 3: So the original formulations for the way proteins were not 243 00:11:39,559 --> 00:11:43,480 Speaker 3: particularly complex. So yeah, all you're dealing with is getting 244 00:11:43,640 --> 00:11:45,480 Speaker 3: a really high quality protein. In the first place, it 245 00:11:45,600 --> 00:11:47,880 Speaker 3: tell us what way is it? So way, so when 246 00:11:47,880 --> 00:11:51,480 Speaker 3: they make the during the cheese making process, way is 247 00:11:51,480 --> 00:11:54,040 Speaker 3: what's extracted from the cheese. So you probably know the 248 00:11:54,080 --> 00:11:56,480 Speaker 3: nursery rhyme about the kurds in the way. Now, once 249 00:11:56,520 --> 00:11:58,480 Speaker 3: upon a time they used to throw liquid way in 250 00:11:58,520 --> 00:12:01,160 Speaker 3: the bin and they realized it full of protein. But 251 00:12:01,240 --> 00:12:02,800 Speaker 3: to get that protein they have to go through a 252 00:12:02,800 --> 00:12:06,520 Speaker 3: pretty complex filtrations process and system. 253 00:12:06,840 --> 00:12:08,400 Speaker 1: It's sort of like a milky. 254 00:12:08,760 --> 00:12:10,640 Speaker 2: It's not a milky like, it's like a it's sort 255 00:12:10,640 --> 00:12:14,360 Speaker 2: of not clear, but it's translucent sort of. 256 00:12:14,760 --> 00:12:18,040 Speaker 3: That's right now. Turning that, I think that liquid way 257 00:12:18,280 --> 00:12:21,440 Speaker 3: is only about one percent or maybe five percent solids. 258 00:12:22,440 --> 00:12:24,680 Speaker 3: But to get that into a way protein is quite 259 00:12:24,679 --> 00:12:26,320 Speaker 3: a process because you've got to get rid of all 260 00:12:26,320 --> 00:12:28,600 Speaker 3: the water. I've got to get rid of the fats 261 00:12:28,640 --> 00:12:31,440 Speaker 3: and things, and the lactose too, and so that's a 262 00:12:31,440 --> 00:12:34,920 Speaker 3: pretty complicated process. But basically when we get the ingredient 263 00:12:34,920 --> 00:12:37,520 Speaker 3: from a dairy. There's only about two or three dairies 264 00:12:37,520 --> 00:12:40,679 Speaker 3: in Australia that actually manufacture wag protein, and luckily for us, 265 00:12:40,880 --> 00:12:44,439 Speaker 3: one of those is in Tasmania, which is pretty cool. Yeah, 266 00:12:44,640 --> 00:12:47,160 Speaker 3: but some of the highest quality proteins are made in 267 00:12:47,160 --> 00:12:48,239 Speaker 3: New Zealand and Australia. 268 00:12:48,480 --> 00:12:51,679 Speaker 1: Right, what do terms highest quality good good? 269 00:12:51,760 --> 00:12:55,400 Speaker 3: Question? Well, it would be the cows what foods they're fed, 270 00:12:55,559 --> 00:12:58,320 Speaker 3: you know, predominantly grass fed. A lot of people make 271 00:12:58,360 --> 00:13:01,440 Speaker 3: claims around grass fed, and it's difficult in Australia because 272 00:13:01,920 --> 00:13:04,520 Speaker 3: you can never guarantee something as one hundred percent grass fed. 273 00:13:04,559 --> 00:13:06,120 Speaker 3: But you know, for the most part it will be 274 00:13:07,559 --> 00:13:11,280 Speaker 3: a lack of certain hormones and things using the cattle, 275 00:13:11,320 --> 00:13:13,800 Speaker 3: So we tend to not use the same hormones that 276 00:13:13,880 --> 00:13:15,760 Speaker 3: you know, let's say I'm all free instead of Europe 277 00:13:15,800 --> 00:13:19,160 Speaker 3: and America. But then when it comes to the finished product, 278 00:13:19,200 --> 00:13:21,280 Speaker 3: what you're wanting is a product that's really high in 279 00:13:21,320 --> 00:13:23,920 Speaker 3: protein and then low in fats and carbo hydrates. So 280 00:13:24,200 --> 00:13:28,120 Speaker 3: we're very specific about accepting only proteins that are especially 281 00:13:28,120 --> 00:13:30,360 Speaker 3: our oceolate's very high in protein and low in fats 282 00:13:30,360 --> 00:13:30,840 Speaker 3: and carbs. 283 00:13:30,880 --> 00:13:33,319 Speaker 2: So what did you do when you first kicked it off? 284 00:13:33,320 --> 00:13:37,040 Speaker 2: Did you go around to some dairy farmers in Tazzi 285 00:13:37,080 --> 00:13:38,800 Speaker 2: because there's quite few, In fact, I had one on 286 00:13:38,840 --> 00:13:42,520 Speaker 2: the show here or about two years ago, who is 287 00:13:42,640 --> 00:13:46,920 Speaker 2: one of the biggest dairy farmers in Tasmania. And did 288 00:13:46,960 --> 00:13:50,120 Speaker 2: you just go knock on doors and say, hey, dude, look, 289 00:13:50,280 --> 00:13:51,480 Speaker 2: I want to buy your way. 290 00:13:52,120 --> 00:13:55,040 Speaker 3: A kind of but so we don't deal with the 291 00:13:55,120 --> 00:13:58,680 Speaker 3: dairies themselves, but it's the people that own the processing plants. 292 00:13:58,679 --> 00:14:00,760 Speaker 3: So that might be fon Terror which are a massive 293 00:14:00,800 --> 00:14:04,920 Speaker 3: sort of New Zealand Australian conglomerate and basically you know, 294 00:14:05,040 --> 00:14:08,880 Speaker 3: emailing them, having meetings with them and supplies that they 295 00:14:08,920 --> 00:14:12,000 Speaker 3: deal with too, and just yeah, coming to terms on 296 00:14:12,080 --> 00:14:14,560 Speaker 3: you know what quality product do you have? Getting some samples, 297 00:14:14,600 --> 00:14:16,800 Speaker 3: trying things out, and. 298 00:14:17,240 --> 00:14:20,200 Speaker 2: The symbols of the actual of the way protein not 299 00:14:20,240 --> 00:14:22,560 Speaker 2: not the way itself, no no, so when when we 300 00:14:22,640 --> 00:14:25,160 Speaker 2: get it, so we don't do the actual processing of 301 00:14:25,200 --> 00:14:28,160 Speaker 2: the way protein. We get in dry usable form and 302 00:14:28,160 --> 00:14:31,720 Speaker 2: then we're doing the blending. So so Fonterra as a 303 00:14:31,720 --> 00:14:35,040 Speaker 2: well known company around the place, and Fonterra will go 304 00:14:35,160 --> 00:14:40,520 Speaker 2: get the picks the way out from everybody and they 305 00:14:40,920 --> 00:14:43,240 Speaker 2: I don't know what ever, boil it and then reduce 306 00:14:43,280 --> 00:14:45,200 Speaker 2: get rid of ale the water anywhere and reduce it 307 00:14:45,200 --> 00:14:47,400 Speaker 2: down to like a like a solid form which and 308 00:14:47,400 --> 00:14:49,680 Speaker 2: they somehow they make it into powder. 309 00:14:50,320 --> 00:14:52,480 Speaker 3: It's all all dryers and things too. Like it's quite 310 00:14:52,480 --> 00:14:53,200 Speaker 3: a competent price. 311 00:14:53,200 --> 00:14:55,320 Speaker 2: It sounds like a complex process, but you buy it 312 00:14:55,320 --> 00:14:58,640 Speaker 2: from them, correct and but you specify this and I 313 00:14:58,640 --> 00:15:03,880 Speaker 2: don't want so in terms of provenance of what you're 314 00:15:03,920 --> 00:15:05,880 Speaker 2: buying from them or what they're offering for you to buy, 315 00:15:06,960 --> 00:15:10,120 Speaker 2: in terms of you're being clear on the providence of it. 316 00:15:10,240 --> 00:15:13,360 Speaker 2: And for example, that is not being ways not coming 317 00:15:13,360 --> 00:15:16,560 Speaker 2: from cow's milk, that's sort of where the herd's been 318 00:15:16,600 --> 00:15:23,440 Speaker 2: sitting in some being eating. You know, how do you 319 00:15:23,600 --> 00:15:25,800 Speaker 2: know that that's not the case? Does Fonterra give you 320 00:15:25,800 --> 00:15:27,080 Speaker 2: a certificate or something correct? 321 00:15:27,200 --> 00:15:29,320 Speaker 3: Yeah, that's right. Yeah, so's there's a lot of back 322 00:15:29,400 --> 00:15:33,720 Speaker 3: and forth with dairies and processes about you know, what's 323 00:15:33,760 --> 00:15:36,720 Speaker 3: done in Australia. We have very strict rules actually, yeah, 324 00:15:36,800 --> 00:15:39,120 Speaker 3: so there's for dairy to come into Australia in the 325 00:15:39,160 --> 00:15:41,400 Speaker 3: first place, it has to be normally very high standard 326 00:15:41,840 --> 00:15:44,240 Speaker 3: and very safe, so free and foot in mouth disease 327 00:15:44,280 --> 00:15:46,080 Speaker 3: and all of that kind of thing. So I think 328 00:15:46,080 --> 00:15:48,080 Speaker 3: we have one of the high standards in the world. 329 00:15:48,360 --> 00:15:50,560 Speaker 2: But when it comes to day it comes to dairy. Yeah, 330 00:15:50,640 --> 00:15:52,400 Speaker 2: so do we import the milk Sometimes? 331 00:15:52,640 --> 00:15:54,680 Speaker 3: I don't think we import the milk, but we certainly 332 00:15:54,760 --> 00:16:00,280 Speaker 3: import completed way protein powders. So yeah, I mean, look, 333 00:16:00,680 --> 00:16:03,000 Speaker 3: we also use American way protein, and some of those 334 00:16:03,040 --> 00:16:06,000 Speaker 3: are really high quality. But again we've got some very 335 00:16:06,040 --> 00:16:09,120 Speaker 3: fussy standards in terms of how height needs be in protein, 336 00:16:09,200 --> 00:16:12,560 Speaker 3: how the carbohydrates are, and then other information about being 337 00:16:12,760 --> 00:16:13,800 Speaker 3: hormone free inside. 338 00:16:13,880 --> 00:16:16,680 Speaker 1: Because I saw something the other day, I can't rememberhe 339 00:16:16,720 --> 00:16:19,760 Speaker 1: it was, I was listening to it. But let's say 340 00:16:20,840 --> 00:16:24,360 Speaker 1: they make a batch of protein which is prote powdered, 341 00:16:24,360 --> 00:16:27,840 Speaker 1: and it might be in a big one ton machine. 342 00:16:28,600 --> 00:16:29,960 Speaker 1: What if you call it like a big. 343 00:16:29,800 --> 00:16:32,720 Speaker 2: Container of one ton, and they and that they were 344 00:16:32,720 --> 00:16:34,600 Speaker 2: saying that. Now in the United States you can get 345 00:16:34,600 --> 00:16:37,880 Speaker 2: batch testing done. Yes, per batch, No, it was, let's 346 00:16:37,880 --> 00:16:40,520 Speaker 2: call it per ton yep. So someone goes into that 347 00:16:40,880 --> 00:16:44,000 Speaker 2: one batch and scrip a little bit out from where 348 00:16:44,040 --> 00:16:46,120 Speaker 2: I don't know, and sends it off to a lab 349 00:16:46,120 --> 00:16:49,240 Speaker 2: and get its test, gets it tested for contaminants. 350 00:16:49,280 --> 00:16:50,960 Speaker 1: I guess, yes, what are they testing for? 351 00:16:51,120 --> 00:16:53,960 Speaker 3: Normally, if you're doing away protein, you could be testing 352 00:16:53,960 --> 00:16:58,560 Speaker 3: for micros. So that's microbes, yes, yeap, bacteria yep, exactly. 353 00:16:58,920 --> 00:17:01,440 Speaker 3: But the more common tests that we do and others 354 00:17:01,480 --> 00:17:04,719 Speaker 3: in our industry should be doing, is the protein quality testing. 355 00:17:05,080 --> 00:17:06,960 Speaker 3: So that's basically there. If I'm paying for a way 356 00:17:07,000 --> 00:17:10,360 Speaker 3: protein isolate that says it's ninety percent protein. I want 357 00:17:10,400 --> 00:17:12,480 Speaker 3: to ensure that I've given given that to customers. Now, 358 00:17:12,800 --> 00:17:15,920 Speaker 3: something unique about pol Nutrients. For look, it's probably twelve 359 00:17:16,040 --> 00:17:19,520 Speaker 3: or thirteen years we've been testing four batches a protein 360 00:17:19,640 --> 00:17:22,200 Speaker 3: every single month, and we have all of those results 361 00:17:22,240 --> 00:17:25,359 Speaker 3: from you know, twelve years ago to now. That'd be 362 00:17:25,440 --> 00:17:27,879 Speaker 3: close to one thousand lab tests on our website. So 363 00:17:27,920 --> 00:17:30,719 Speaker 3: if you're buying away protein isolator or concentrate from us 364 00:17:30,760 --> 00:17:33,119 Speaker 3: or one of our protein blends, literally you can go 365 00:17:33,200 --> 00:17:36,240 Speaker 3: back more than ten years and check, you know, what 366 00:17:36,280 --> 00:17:39,159 Speaker 3: batch was that, what protein level do we claim it was? 367 00:17:39,440 --> 00:17:42,560 Speaker 3: And then what it was and where the only company 368 00:17:42,600 --> 00:17:45,439 Speaker 3: Australia that's people do sporadic tests and might have a 369 00:17:45,480 --> 00:17:47,560 Speaker 3: few things on their website that might be a couple 370 00:17:47,600 --> 00:17:50,199 Speaker 3: of years old or whatever else, but we literally have 371 00:17:50,440 --> 00:17:52,040 Speaker 3: I think it would be close to one thousand lab 372 00:17:52,080 --> 00:17:53,160 Speaker 3: reports on our website. 373 00:17:53,200 --> 00:17:56,639 Speaker 2: Do we in Australia have some sort of stamp to 374 00:17:56,680 --> 00:18:00,360 Speaker 2: say something's been batch tested or approved by I don't 375 00:18:00,359 --> 00:18:03,680 Speaker 2: know TJ or whoever it is. Somebody here is there's 376 00:18:03,680 --> 00:18:07,000 Speaker 2: some authority that. 377 00:18:05,720 --> 00:18:09,200 Speaker 3: Is not not exactly so we have has to testing, 378 00:18:09,240 --> 00:18:12,400 Speaker 3: which is all about band substances. Yeah, but that that's separate, 379 00:18:12,440 --> 00:18:14,920 Speaker 3: so it has to really covers all the band ingredients 380 00:18:14,960 --> 00:18:19,880 Speaker 3: so antidoping stuff. Yeah, but the quality testing is completely 381 00:18:20,280 --> 00:18:23,560 Speaker 3: separate to that, and that's I guess with orditors. You know, 382 00:18:23,560 --> 00:18:27,600 Speaker 3: if you're ordered by New South Wales Food Authority, that's 383 00:18:27,640 --> 00:18:30,560 Speaker 3: company in New South Wales or Past Area Authority for US, 384 00:18:31,600 --> 00:18:35,240 Speaker 3: you're basically just showing them your your test results and things, 385 00:18:35,280 --> 00:18:38,640 Speaker 3: and that's not as strictly audited. The more strict auditing 386 00:18:38,720 --> 00:18:41,600 Speaker 3: is around the microbe levels and stuff. 387 00:18:41,359 --> 00:18:43,679 Speaker 2: So we just quickly bring it into I don't want 388 00:18:43,720 --> 00:18:46,480 Speaker 2: to just sit on this too long because it's quite dense, 389 00:18:46,520 --> 00:18:50,840 Speaker 2: but we're looking at micro level lot microbe levels, which 390 00:18:50,880 --> 00:18:53,040 Speaker 2: is probably indicating bacteria and bad stuff. 391 00:18:53,560 --> 00:18:56,440 Speaker 3: Let's manea and whatever else, and basically saying that we're 392 00:18:56,440 --> 00:18:56,880 Speaker 3: free of all. 393 00:18:56,840 --> 00:19:00,679 Speaker 2: That things made it sick. The second one is the 394 00:19:00,720 --> 00:19:05,719 Speaker 2: actual amount of protein in the batches, like per whatever 395 00:19:05,720 --> 00:19:10,000 Speaker 2: it is. And and the final one is that's not 396 00:19:10,080 --> 00:19:15,639 Speaker 2: contaminants but like or no additives, things that like wader 397 00:19:15,680 --> 00:19:19,320 Speaker 2: would like an athlete can't use like water would something 398 00:19:19,359 --> 00:19:22,320 Speaker 2: like wide it would be against like us R or 399 00:19:22,320 --> 00:19:24,600 Speaker 2: would have the equivalent of the United States. So there's 400 00:19:24,600 --> 00:19:26,920 Speaker 2: sort of three things. And then when it comes to 401 00:19:27,840 --> 00:19:36,199 Speaker 2: looking at protein content, is there a a quality there 402 00:19:36,720 --> 00:19:39,080 Speaker 2: is there some protein it's better quality than others? 403 00:19:39,160 --> 00:19:39,720 Speaker 1: I don't mean. 404 00:19:40,000 --> 00:19:41,600 Speaker 2: What I don't mean by that is like if a 405 00:19:41,600 --> 00:19:45,720 Speaker 2: consumer is looking at that, is there like an equality protein, 406 00:19:45,760 --> 00:19:49,879 Speaker 2: B quality protein, a super quality protein, or is something 407 00:19:49,920 --> 00:19:52,280 Speaker 2: becomes a B quality protein because it's got maybe got 408 00:19:52,359 --> 00:19:56,760 Speaker 2: some some small insignificant amount of contaminants in there. 409 00:19:58,320 --> 00:20:00,240 Speaker 3: Look, I think that genuityf we're talking about an A 410 00:20:00,359 --> 00:20:03,080 Speaker 3: and B and C quality protein that would be based 411 00:20:03,160 --> 00:20:06,119 Speaker 3: on what former protein is. So, way protein it almost 412 00:20:06,200 --> 00:20:09,720 Speaker 3: always considered an A class protein. And then that's also 413 00:20:09,760 --> 00:20:12,760 Speaker 3: determined by it's a meno acid combination. Yep. So your 414 00:20:12,760 --> 00:20:15,720 Speaker 3: ability to build muscle from protein we're based on what's 415 00:20:15,760 --> 00:20:19,280 Speaker 3: its actual amino acid composition. Right now, Way protein is 416 00:20:19,320 --> 00:20:21,440 Speaker 3: generally considered the best because it has a higher level 417 00:20:21,440 --> 00:20:24,440 Speaker 3: of a branch and of mino acids and essential amino acids, 418 00:20:24,800 --> 00:20:28,080 Speaker 3: and it's better than let's say, collagen and also plant 419 00:20:28,119 --> 00:20:29,280 Speaker 3: proteins for building muscle. 420 00:20:29,320 --> 00:20:31,760 Speaker 1: For that reason, it's also quite bi available in the time. 421 00:20:32,040 --> 00:20:33,080 Speaker 3: Is that's right? Yeah, yep. 422 00:20:33,119 --> 00:20:36,240 Speaker 1: Yeah, it's a combination of that something unless you sort 423 00:20:36,240 --> 00:20:36,960 Speaker 1: of allerdes you to milk. 424 00:20:37,520 --> 00:20:41,160 Speaker 3: Yep. It has the highest biovailability. And whenever they've run 425 00:20:41,240 --> 00:20:45,159 Speaker 3: tests on plant proteins versus way proteins, almost always that 426 00:20:45,240 --> 00:20:47,600 Speaker 3: way proteins will give a better result in terms of 427 00:20:47,640 --> 00:20:49,119 Speaker 3: building muscle and recovery. 428 00:20:49,320 --> 00:20:52,040 Speaker 2: So I mean, and I mean, I was talking about 429 00:20:52,040 --> 00:20:53,840 Speaker 2: this the other day to Simon Hill on our Project 430 00:20:53,840 --> 00:20:58,359 Speaker 2: one hundred show, and is it. I mean, you're obviously 431 00:20:58,440 --> 00:21:00,720 Speaker 2: that you've got scientists and all sorts of working for you, 432 00:21:01,480 --> 00:21:02,840 Speaker 2: and we'll come back to that. You know how many 433 00:21:02,880 --> 00:21:04,480 Speaker 2: people you are working for in a moment, and you know. 434 00:21:04,440 --> 00:21:05,600 Speaker 1: Where you distribute, et cetera. 435 00:21:05,600 --> 00:21:10,160 Speaker 2: But in terms of you know, people walk around these 436 00:21:10,240 --> 00:21:12,920 Speaker 2: days saying, well, we should be taking between one point 437 00:21:12,960 --> 00:21:16,040 Speaker 2: six and two point two grams of protein per kilogram 438 00:21:16,160 --> 00:21:19,639 Speaker 2: of weight. Do you, guys, as an organization, you have 439 00:21:19,680 --> 00:21:20,239 Speaker 2: a view on that? 440 00:21:21,359 --> 00:21:24,879 Speaker 3: Yeah, I mean, I think it looks certainly that most 441 00:21:24,880 --> 00:21:27,760 Speaker 3: of the science when it comes to healthy living, longevity, 442 00:21:27,760 --> 00:21:30,760 Speaker 3: building muscle seems to be about that, you know, two 443 00:21:30,760 --> 00:21:34,400 Speaker 3: grams per kilo. But look, I think it really depends, 444 00:21:34,400 --> 00:21:36,520 Speaker 3: you know, if you're an endurance athlete that say, you 445 00:21:36,600 --> 00:21:38,560 Speaker 3: might be having a high level of carbs and lower 446 00:21:38,640 --> 00:21:41,399 Speaker 3: level of protein. If you're cutting weight for an event 447 00:21:41,720 --> 00:21:44,080 Speaker 3: or something in a sporting event or boxing match, then 448 00:21:44,200 --> 00:21:46,280 Speaker 3: you may change that a little bit too. But that 449 00:21:46,440 --> 00:21:49,399 Speaker 3: seems to be the generally sort of respected number. 450 00:21:49,520 --> 00:21:52,720 Speaker 2: Let's call it a Joe blow walking around. You know, 451 00:21:52,840 --> 00:21:54,720 Speaker 2: he's fifty years of age. 452 00:21:55,520 --> 00:21:56,400 Speaker 1: Trains every day. 453 00:21:57,240 --> 00:21:59,280 Speaker 2: About myself, I'm not that I'm a bit old enough, 454 00:21:59,320 --> 00:22:04,800 Speaker 2: but the trains every day probably you know, burns seven 455 00:22:04,840 --> 00:22:09,320 Speaker 2: hundred calories per session, not the same every day. You know, 456 00:22:09,359 --> 00:22:14,280 Speaker 2: pretty much do something every day. You know, I get 457 00:22:14,320 --> 00:22:18,359 Speaker 2: good sleep, I think. I mean, just from what I'm read, 458 00:22:18,840 --> 00:22:21,000 Speaker 2: I think I probably need ben Like I probably need 459 00:22:21,640 --> 00:22:24,120 Speaker 2: two grams per kilogram, but there's no way I can 460 00:22:24,119 --> 00:22:27,120 Speaker 2: eat it. I just can't. Like I'm eighty five killos. 461 00:22:27,200 --> 00:22:29,600 Speaker 2: It means I need one hundred and seventy grams of 462 00:22:31,040 --> 00:22:32,560 Speaker 2: protein as well as other stuff. 463 00:22:33,720 --> 00:22:35,920 Speaker 1: It's just too much for me to eat. Yeah, because 464 00:22:35,920 --> 00:22:37,320 Speaker 1: the amount of protein. 465 00:22:37,119 --> 00:22:38,600 Speaker 2: Get out of meat. It means I've got a lot 466 00:22:38,600 --> 00:22:41,800 Speaker 2: of meat. Yes, you know, it's just because as you 467 00:22:41,840 --> 00:22:44,720 Speaker 2: get older, I mean you're too young, but not too young. 468 00:22:44,760 --> 00:22:49,080 Speaker 2: You're very young, fortunately young. One thing that happens is 469 00:22:49,080 --> 00:22:51,160 Speaker 2: you get older, you lose your appetite because all the 470 00:22:51,200 --> 00:22:54,000 Speaker 2: things that create appetite they start to sort of disappear 471 00:22:54,040 --> 00:22:57,880 Speaker 2: a bit, you know, everything, anybody sort of reduce everything, 472 00:22:58,040 --> 00:23:03,200 Speaker 2: and and therefore you're not as hungry. Yes, it's weird, 473 00:23:03,200 --> 00:23:05,440 Speaker 2: think like it's weirdest thing. When I was your age, young, 474 00:23:05,520 --> 00:23:08,080 Speaker 2: I was always hungry, perpetually hungry, and I could like 475 00:23:08,119 --> 00:23:11,000 Speaker 2: something's forcing me to need all the time. Now you know, 476 00:23:11,200 --> 00:23:14,639 Speaker 2: I've got a I'm conscious of it's time you've got 477 00:23:14,640 --> 00:23:17,800 Speaker 2: to eat, and I'm very conscious of getting enough protein 478 00:23:17,840 --> 00:23:21,320 Speaker 2: into my system because otherwise, I know from the boxing, 479 00:23:21,400 --> 00:23:24,000 Speaker 2: like if you don't need enough protein and you're training hard, 480 00:23:24,040 --> 00:23:26,760 Speaker 2: all that happens is your muscle started to deplete, and 481 00:23:27,160 --> 00:23:29,080 Speaker 2: which say, okay, if you're trying to make weight, but 482 00:23:29,200 --> 00:23:31,960 Speaker 2: I don't need to make weight. I need to keep 483 00:23:32,000 --> 00:23:36,760 Speaker 2: my strength and my muscle volume to a certain level 484 00:23:36,920 --> 00:23:40,240 Speaker 2: to avoid injury. Yep, I don't mean training injury. I 485 00:23:40,320 --> 00:23:44,040 Speaker 2: just mean falling over. You just been able to carry 486 00:23:44,119 --> 00:23:46,840 Speaker 2: stuff around, you know what I mean. So protein is 487 00:23:46,880 --> 00:23:51,760 Speaker 2: like critical, critically important to something like me, amongst other things. 488 00:23:51,760 --> 00:23:53,840 Speaker 2: As other things critically important to me too, but protein's 489 00:23:53,880 --> 00:23:57,200 Speaker 2: really important to me. So I'm I'm just very interested 490 00:23:57,240 --> 00:24:01,240 Speaker 2: to hear you know where you you're researchers and your 491 00:24:01,320 --> 00:24:04,640 Speaker 2: organizations research is around levels of protein. 492 00:24:05,720 --> 00:24:07,760 Speaker 3: I think pretty much spot on to what you're saying 493 00:24:07,800 --> 00:24:11,600 Speaker 3: about the two grams per killer body weight without doing 494 00:24:11,600 --> 00:24:13,840 Speaker 3: a hard sell here. But that's why things like way 495 00:24:13,920 --> 00:24:16,560 Speaker 3: protein shakes it so good because let's say you can 496 00:24:16,600 --> 00:24:18,680 Speaker 3: only get one hundred and ten hundred and twenty grams 497 00:24:18,720 --> 00:24:20,840 Speaker 3: easily from your food. A couple of shakes a day 498 00:24:20,960 --> 00:24:23,520 Speaker 3: might bump up that fifty to sixty grams that extra amount, 499 00:24:23,960 --> 00:24:26,399 Speaker 3: and it's pretty easy to have this without affecting your 500 00:24:26,440 --> 00:24:28,920 Speaker 3: appetite too much. Yeah, you know, so I think that 501 00:24:28,920 --> 00:24:31,360 Speaker 3: that's and it's so cost effective. I mean, our most 502 00:24:31,400 --> 00:24:34,359 Speaker 3: expensive WPI and it's our premium product is still like 503 00:24:34,440 --> 00:24:37,600 Speaker 3: you know, at the moment, what dollar fifty served dollars 504 00:24:37,600 --> 00:24:39,840 Speaker 3: seventy year serve at most compter to a one hundred 505 00:24:39,840 --> 00:24:42,560 Speaker 3: gram steak that's the same amount of protein exactly give 506 00:24:42,600 --> 00:24:44,520 Speaker 3: you other things is too, probably taste a bit better, 507 00:24:44,520 --> 00:24:46,639 Speaker 3: but still you got to cook the bloody things you 508 00:24:46,640 --> 00:24:47,359 Speaker 3: want to go to buy it. 509 00:24:47,400 --> 00:24:50,239 Speaker 1: You got to cook it, then you've got to eat it, 510 00:24:50,359 --> 00:24:52,959 Speaker 1: and then you've got to digest it. Yes, and it's 511 00:24:53,040 --> 00:24:53,720 Speaker 1: going to cost. 512 00:24:53,560 --> 00:24:57,800 Speaker 2: You maybe fifty bucks forty five dollars plus time. 513 00:24:57,960 --> 00:24:58,160 Speaker 3: Yeah. 514 00:24:58,200 --> 00:25:01,160 Speaker 2: Yeah, yeah, So you're saying it's like the thirty grams 515 00:25:01,240 --> 00:25:02,720 Speaker 2: broad this is probably going to cost. 516 00:25:02,520 --> 00:25:03,560 Speaker 1: You thirty couple of bucks. 517 00:25:03,640 --> 00:25:06,720 Speaker 3: Yeah, thirty grams serve is sort of twenty six grams 518 00:25:06,720 --> 00:25:09,000 Speaker 3: of protein and that's yeah, I think at the moment, 519 00:25:09,280 --> 00:25:12,119 Speaker 3: because there's fluctuations and dairy markets, so this does change. 520 00:25:12,119 --> 00:25:14,680 Speaker 3: But maybe about a dollar fifty dollars sixty year serve. Yeah, 521 00:25:14,800 --> 00:25:17,440 Speaker 3: so yeah, very very cost effective and it's i mean 522 00:25:17,720 --> 00:25:20,160 Speaker 3: one of the criticism people had this supplements years ago 523 00:25:20,160 --> 00:25:23,280 Speaker 3: in protein is it's expensive, and it's like it's actually not. 524 00:25:23,400 --> 00:25:25,160 Speaker 3: It can be a really cost effective way of getting 525 00:25:25,160 --> 00:25:25,600 Speaker 3: your protein. 526 00:25:25,600 --> 00:25:26,679 Speaker 1: I never thought of it like that. 527 00:25:26,760 --> 00:25:28,680 Speaker 2: Like, you know, if you can compare it to where 528 00:25:28,680 --> 00:25:30,960 Speaker 2: you're going to get another thirty grams of protein from yep, 529 00:25:31,400 --> 00:25:33,040 Speaker 2: and you add time to it as well. 530 00:25:33,359 --> 00:25:36,600 Speaker 1: That just explodes the cost. The price. So a couple 531 00:25:36,640 --> 00:25:38,080 Speaker 1: of bucks, that's that's that's cool. 532 00:25:38,520 --> 00:25:40,719 Speaker 2: I'm getting asked to go to the break, which I'm 533 00:25:40,720 --> 00:25:41,720 Speaker 2: going to do it together break, I want to come 534 00:25:41,720 --> 00:25:43,800 Speaker 2: back and straight back and talk to you about creatine. 535 00:25:43,800 --> 00:25:46,480 Speaker 2: I want to talk to you about your digestive, your 536 00:25:46,600 --> 00:25:50,359 Speaker 2: enzymes or your digesti fusion. But I also want to 537 00:25:50,400 --> 00:25:53,080 Speaker 2: just talk to you about your whole range of skews. 538 00:25:53,160 --> 00:25:55,280 Speaker 2: If you've got like I don't think most people realize 539 00:25:55,320 --> 00:25:59,199 Speaker 2: you have a massive range of stuff from hydration drinks 540 00:25:59,240 --> 00:26:03,240 Speaker 2: to greens stole drinks and over those algas. 541 00:26:02,880 --> 00:26:04,000 Speaker 1: And like it. 542 00:26:04,119 --> 00:26:06,399 Speaker 2: It's mind boggling what you guys have. Mostly we wouldn't 543 00:26:06,400 --> 00:26:08,680 Speaker 2: even know unless they go to the website. But we're 544 00:26:08,680 --> 00:26:20,040 Speaker 2: going together. It comes straight back. Okay, So I'm back 545 00:26:20,080 --> 00:26:21,840 Speaker 2: here with Ben Crowley and he's the founder and director 546 00:26:21,840 --> 00:26:24,600 Speaker 2: of Bolk Nutrients. We've just been talking about protein, actually just 547 00:26:24,720 --> 00:26:28,879 Speaker 2: mostly I guess I wanted to. And we've got a 548 00:26:28,920 --> 00:26:30,640 Speaker 2: bit of a story about how you sort of got 549 00:26:30,640 --> 00:26:35,280 Speaker 2: into this this this game, let's call it nutritional game, 550 00:26:35,280 --> 00:26:37,879 Speaker 2: because it's not just about protein powder, it's about nutrients, 551 00:26:38,240 --> 00:26:42,879 Speaker 2: nutrition generally and clearly Tasmanian, how important you think is 552 00:26:42,880 --> 00:26:47,359 Speaker 2: by the way, how important is provenence? Like where what 553 00:26:47,440 --> 00:26:51,080 Speaker 2: are the origins of ingredients? How important is that to you? 554 00:26:51,080 --> 00:26:55,160 Speaker 3: Look, it's reasonably important. But I mean we're completely honest here. 555 00:26:55,240 --> 00:26:59,080 Speaker 3: So things like pharmaceutical ingredients, so the vitamins and minerals 556 00:26:59,119 --> 00:27:01,760 Speaker 3: and those ingredients they almost always making China now and 557 00:27:01,800 --> 00:27:04,320 Speaker 3: they get added that's right. But don't get me wrong, 558 00:27:04,359 --> 00:27:07,520 Speaker 3: Like I mean, the biggest pharmaceutical companies and health companies 559 00:27:07,560 --> 00:27:10,000 Speaker 3: and the most expensive in Australia are all getting those 560 00:27:10,119 --> 00:27:10,840 Speaker 3: ingredients from China. 561 00:27:10,960 --> 00:27:14,240 Speaker 2: Yeah, yeah, why won't tell you that directly. By the way, 562 00:27:14,359 --> 00:27:16,680 Speaker 2: what is it though, then, like what is it? China 563 00:27:16,840 --> 00:27:19,520 Speaker 2: sort of dominates that environment that parmatudent. 564 00:27:19,800 --> 00:27:22,360 Speaker 3: I think that's just really invested heavily into it. Yeah, 565 00:27:22,359 --> 00:27:24,520 Speaker 3: and their standards have risen and yeah, certainly over the 566 00:27:24,600 --> 00:27:27,000 Speaker 3: last five to ten years they've gotten really really good. 567 00:27:27,520 --> 00:27:30,119 Speaker 3: H and yeah, I think ninety percent of the world's 568 00:27:30,119 --> 00:27:33,200 Speaker 3: pharmaceuticals would come from there. Don't quote me on that number. 569 00:27:33,320 --> 00:27:35,000 Speaker 3: It is very high, it really is. 570 00:27:35,080 --> 00:27:39,240 Speaker 2: Well, it's like electronics, you know, there's hardly an electronic 571 00:27:39,760 --> 00:27:43,760 Speaker 2: device that doesn't have the bulk of its electronics come 572 00:27:43,760 --> 00:27:44,320 Speaker 2: out of China. 573 00:27:44,440 --> 00:27:46,560 Speaker 1: Yeah, in the world, yeah yeah, yeah. 574 00:27:46,720 --> 00:27:49,280 Speaker 2: And by the way, everything's well built, like you know, 575 00:27:49,320 --> 00:27:51,600 Speaker 2: we have been through this process of using China in 576 00:27:51,680 --> 00:27:55,560 Speaker 2: different business that I've involved with, and like it's not 577 00:27:56,680 --> 00:28:00,600 Speaker 2: backward stuff. You go on these joints and like it's amazing, 578 00:28:00,800 --> 00:28:02,080 Speaker 2: it's so big. 579 00:28:02,400 --> 00:28:03,040 Speaker 1: So clean. 580 00:28:03,640 --> 00:28:07,280 Speaker 2: Everyone's got like masks on and suits on. And I 581 00:28:07,320 --> 00:28:09,760 Speaker 2: don't mean business suits. I'm talking about like sort of 582 00:28:10,119 --> 00:28:12,960 Speaker 2: decontamination suits. They walk work or own things on their feet. 583 00:28:13,359 --> 00:28:17,880 Speaker 2: It's heavily heavily heavily controlled, very very strict, and so 584 00:28:17,920 --> 00:28:19,680 Speaker 2: that sort of makes sense to me when you said 585 00:28:19,720 --> 00:28:23,240 Speaker 2: that about the nutrient world or about pharmaceuticals. At least 586 00:28:23,760 --> 00:28:26,680 Speaker 2: you add pharmaceuticals to your protein. 587 00:28:26,920 --> 00:28:29,520 Speaker 3: Not this one. No, so almost all the ingredients from 588 00:28:29,560 --> 00:28:32,800 Speaker 3: there will be from Australian, New Zealand or Europe. With 589 00:28:32,880 --> 00:28:34,960 Speaker 3: the protein and its tiny a little bit of artificial 590 00:28:35,000 --> 00:28:37,640 Speaker 3: sweetenert but we use that the safest artificial sweetener. 591 00:28:38,600 --> 00:28:40,600 Speaker 1: Sucralose sucerlose. Yeah, now what is that? 592 00:28:41,160 --> 00:28:43,800 Speaker 3: So it basically modified sugar, but it's about six hundred 593 00:28:43,840 --> 00:28:45,240 Speaker 3: times sweeter than sugar. 594 00:28:45,120 --> 00:28:46,680 Speaker 1: Right, so you don't have to use use a little bit, 595 00:28:46,800 --> 00:28:47,160 Speaker 1: that's right. 596 00:28:47,160 --> 00:28:48,760 Speaker 3: And the reason why we can't use the sugar is 597 00:28:48,760 --> 00:28:50,520 Speaker 3: because it adds all the carbs and you are yes 598 00:28:50,920 --> 00:28:52,920 Speaker 3: as low carb as possible. That said We've got some 599 00:28:53,000 --> 00:28:56,040 Speaker 3: natural varieties where we use a combination of stevia and 600 00:28:56,360 --> 00:29:00,520 Speaker 3: the martin, which is an ingredient and a natural sweeteners ingredient, 601 00:29:00,800 --> 00:29:03,720 Speaker 3: and they're getting pretty close in terms of how close 602 00:29:03,800 --> 00:29:06,480 Speaker 3: they taste to a real sugar. 603 00:29:06,600 --> 00:29:09,080 Speaker 1: You have some body they're standing there all day long 604 00:29:09,120 --> 00:29:09,960 Speaker 1: taste and everything. 605 00:29:10,120 --> 00:29:11,760 Speaker 3: Well, we do a lot of a lot of R 606 00:29:11,760 --> 00:29:13,400 Speaker 3: and D and a lot of tasting and that's sort 607 00:29:13,440 --> 00:29:15,600 Speaker 3: of the part of the development that I really love. 608 00:29:16,320 --> 00:29:19,320 Speaker 3: But yeah, look, our staff at constantly tasting stuff, you know, 609 00:29:19,360 --> 00:29:22,680 Speaker 3: because our R and D team working away testing new formulas, 610 00:29:22,720 --> 00:29:25,640 Speaker 3: looking at competitors products, and if you work at both nutrients, 611 00:29:25,680 --> 00:29:27,440 Speaker 3: you'll be pretty used to it. We've got on a 612 00:29:27,520 --> 00:29:29,680 Speaker 3: B tests, you know, you'll have two tests in front 613 00:29:29,720 --> 00:29:31,840 Speaker 3: of you and you have to give you a score, 614 00:29:31,920 --> 00:29:35,440 Speaker 3: and that's normally we do them blind. Yep. Yeah, So 615 00:29:35,480 --> 00:29:38,400 Speaker 3: if you don't like taking supplements and sipping on different 616 00:29:38,400 --> 00:29:41,520 Speaker 3: things and giving feedback, probably not for you. Working for 617 00:29:41,520 --> 00:29:42,560 Speaker 3: Bok Nutrients. 618 00:29:42,840 --> 00:29:44,520 Speaker 1: How many people got work for you now. 619 00:29:44,680 --> 00:29:47,840 Speaker 3: I think it's close to one hundred and twenty, So all. 620 00:29:47,680 --> 00:29:49,760 Speaker 1: Down and Tasi, all in Tasy, Yeah, we're all but 621 00:29:49,880 --> 00:29:50,480 Speaker 1: one in Tasi. 622 00:29:50,560 --> 00:29:52,520 Speaker 3: We do have a special guy in Sydney that's worked 623 00:29:52,560 --> 00:29:54,080 Speaker 3: for us for oh gosh, it must be about ten 624 00:29:54,160 --> 00:29:58,640 Speaker 3: years now, your customer service guy. But yeah, otherwise all 625 00:29:58,640 --> 00:30:01,600 Speaker 3: in Tasy and we just love live there. It's a beautiful. 626 00:30:01,200 --> 00:30:02,920 Speaker 1: Place, sure is. I mean I was down there this 627 00:30:02,960 --> 00:30:03,520 Speaker 1: week as you know. 628 00:30:04,080 --> 00:30:07,880 Speaker 2: So, but in terms of people who work for you, 629 00:30:07,920 --> 00:30:09,840 Speaker 2: how many when you first kick this business off? 630 00:30:09,920 --> 00:30:10,840 Speaker 1: How many people were there? 631 00:30:11,120 --> 00:30:13,120 Speaker 3: So look, well it was it was just me and 632 00:30:13,160 --> 00:30:15,920 Speaker 3: I was working for the government part time, and I 633 00:30:15,960 --> 00:30:17,880 Speaker 3: think it was about I had about four or five 634 00:30:17,960 --> 00:30:20,920 Speaker 3: staff before, and they were part timers. Before I looked 635 00:30:20,920 --> 00:30:22,800 Speaker 3: at all the invoices. One day I said to my 636 00:30:22,840 --> 00:30:25,440 Speaker 3: wife said, I don't think I need this job anymore. 637 00:30:25,480 --> 00:30:27,000 Speaker 3: I think I can just you know, keep kicking on 638 00:30:27,080 --> 00:30:28,200 Speaker 3: with this folk Nutrients thing. 639 00:30:28,840 --> 00:30:32,040 Speaker 2: So that's from how you literally started started the business 640 00:30:32,280 --> 00:30:34,720 Speaker 2: actually a part time job, part time, part time. 641 00:30:34,720 --> 00:30:36,920 Speaker 3: I always wanted to be, you know, the thing that 642 00:30:37,000 --> 00:30:40,480 Speaker 3: I do. But I'm reasonably I would say that I'm 643 00:30:40,560 --> 00:30:43,680 Speaker 3: quite aspirational and a bit radical, my deears, But economically 644 00:30:43,680 --> 00:30:47,280 Speaker 3: I've always been pretty conservative, you know, so invested cash 645 00:30:47,280 --> 00:30:49,840 Speaker 3: flow as much as possible, borrowed as little as possible, 646 00:30:50,480 --> 00:30:52,600 Speaker 3: but made a lot of smart decisions in terms of 647 00:30:52,600 --> 00:30:54,360 Speaker 3: building the business while de risking. 648 00:30:54,440 --> 00:30:56,120 Speaker 2: So how did you get your so how did your 649 00:30:57,120 --> 00:30:59,400 Speaker 2: your distribution is all online, but you had to be 650 00:30:59,520 --> 00:31:01,840 Speaker 2: a lot of gis behind it. Yes, in other words, ie, 651 00:31:01,840 --> 00:31:05,400 Speaker 2: you online, I buy one of these, I get the dojesfusion, 652 00:31:05,720 --> 00:31:08,040 Speaker 2: I tick a box, whatever it is, go into the cart, 653 00:31:08,200 --> 00:31:08,480 Speaker 2: put it. 654 00:31:08,440 --> 00:31:09,280 Speaker 1: In my card, buy it. 655 00:31:10,160 --> 00:31:11,840 Speaker 2: So the first thing you had to do was establish 656 00:31:11,840 --> 00:31:15,280 Speaker 2: your website and all the all the e commerce on there. 657 00:31:15,360 --> 00:31:16,920 Speaker 1: Yes, how do you do that sort of stuff? 658 00:31:17,120 --> 00:31:19,560 Speaker 3: Yeah, well that's actually an area I'm not particularly strong at. 659 00:31:19,600 --> 00:31:23,360 Speaker 3: So my my sort of real strength is around I 660 00:31:23,360 --> 00:31:25,840 Speaker 3: guess that the business structure and the model in terms 661 00:31:25,840 --> 00:31:29,920 Speaker 3: of you know, suppliers, manufacturers, blending the product or the 662 00:31:29,960 --> 00:31:35,040 Speaker 3: recipe development, that kind of thing. The e commerce side, 663 00:31:35,120 --> 00:31:37,640 Speaker 3: I think I use some friends and you know, so 664 00:31:37,800 --> 00:31:40,480 Speaker 3: sits and whatever else to start with. But now, you know, 665 00:31:40,520 --> 00:31:42,400 Speaker 3: I mean, we've got a team of oh gosh, I've 666 00:31:42,400 --> 00:31:44,400 Speaker 3: got to get this wrong. It's like two or three 667 00:31:44,480 --> 00:31:46,720 Speaker 3: data guys and about six web devs in our team, 668 00:31:46,840 --> 00:31:51,840 Speaker 3: you know, So it's completely different proposition now. But yeah, 669 00:31:51,840 --> 00:31:53,840 Speaker 3: those guys are probably lucky because I never get in 670 00:31:53,880 --> 00:31:54,920 Speaker 3: their way because. 671 00:31:54,720 --> 00:31:57,120 Speaker 1: Because I don't know what they're doing, they know more 672 00:31:57,120 --> 00:31:57,840 Speaker 1: about it than you do. 673 00:31:58,280 --> 00:32:00,720 Speaker 2: And so you got so then you you've got and 674 00:32:00,760 --> 00:32:03,200 Speaker 2: then you've got the logistics. So I mean getting stuff, 675 00:32:03,240 --> 00:32:06,880 Speaker 2: I mean the last mile or the delivery piece is critical, 676 00:32:07,240 --> 00:32:10,200 Speaker 2: you know, in terms of experience. Yes, if I'm a 677 00:32:10,200 --> 00:32:12,800 Speaker 2: customer first, especially for my first time customer, I'm trying 678 00:32:12,800 --> 00:32:15,640 Speaker 2: you out, and the thing gets thrown over the bloody 679 00:32:15,640 --> 00:32:17,720 Speaker 2: fence or something, the dog gets hold of it or whatever, 680 00:32:18,840 --> 00:32:21,920 Speaker 2: how did you go about organizing the logistics and the 681 00:32:21,960 --> 00:32:23,080 Speaker 2: last mile party business? 682 00:32:23,840 --> 00:32:27,200 Speaker 3: So we deal with I guess different postage partners, but 683 00:32:27,320 --> 00:32:29,520 Speaker 3: predominantly for the last ten years on what it's been 684 00:32:29,560 --> 00:32:33,320 Speaker 3: Australia post and we have a really good relationship with them. Yeah, 685 00:32:33,360 --> 00:32:36,920 Speaker 3: so I guess we've kind of really pushed their level 686 00:32:36,920 --> 00:32:39,120 Speaker 3: of service because one of the problems within any kind 687 00:32:39,160 --> 00:32:42,040 Speaker 3: of business is that if you've got associates that you're 688 00:32:42,080 --> 00:32:46,600 Speaker 3: dealing with, your service is only the standard of those 689 00:32:46,600 --> 00:32:49,800 Speaker 3: of theirs. Yeah, yep, yep. So we certainly push customer 690 00:32:49,800 --> 00:32:53,080 Speaker 3: service as much as we can. We take stuff off 691 00:32:53,120 --> 00:32:54,960 Speaker 3: their hands we can. In terms of tracking, there's lots 692 00:32:55,000 --> 00:32:57,560 Speaker 3: of automation and stuff now. But I'd say as a 693 00:32:57,640 --> 00:32:59,960 Speaker 3: larger company, we just get a better level of service too. 694 00:33:00,480 --> 00:33:02,880 Speaker 3: But where we're always pushing them and look to be honest, 695 00:33:03,160 --> 00:33:05,120 Speaker 3: we actually consider them a great partner. They're a big 696 00:33:05,160 --> 00:33:06,280 Speaker 3: part of our success story. 697 00:33:06,800 --> 00:33:10,240 Speaker 2: So yeah, and through Star Trek Wars, through Australia Posts, 698 00:33:10,240 --> 00:33:10,840 Speaker 2: through Austraight Post. 699 00:33:11,000 --> 00:33:13,120 Speaker 3: Of the biggest difference between us and a lot of 700 00:33:13,120 --> 00:33:16,520 Speaker 3: companies based on what we call the mainland as Tasmanians 701 00:33:16,800 --> 00:33:19,200 Speaker 3: is that we send about eighty percent or more of 702 00:33:19,200 --> 00:33:21,760 Speaker 3: our orders go express post. So if you order anything 703 00:33:21,840 --> 00:33:24,320 Speaker 3: under three and a half kilos, we'll send that express 704 00:33:24,320 --> 00:33:25,680 Speaker 3: and that way it'll get to you in a day 705 00:33:25,800 --> 00:33:28,560 Speaker 3: or two. And that tends to take the stress off 706 00:33:28,600 --> 00:33:30,440 Speaker 3: the customer service team and the rest of the business 707 00:33:30,480 --> 00:33:32,720 Speaker 3: because you've got the order before you've thought too much 708 00:33:32,760 --> 00:33:33,200 Speaker 3: about it. 709 00:33:33,320 --> 00:33:33,480 Speaker 1: Yeah. 710 00:33:33,560 --> 00:33:38,560 Speaker 2: Perfect, So you've got your e commerce piece, you put 711 00:33:38,600 --> 00:33:41,000 Speaker 2: your experts in there, You've got your logistics, which is 712 00:33:41,000 --> 00:33:42,760 Speaker 2: making sure I get the product that I go on 713 00:33:42,800 --> 00:33:45,280 Speaker 2: to through the e commerce site. And then the most 714 00:33:45,280 --> 00:33:47,920 Speaker 2: important part now is a product. Yes, and that's where 715 00:33:47,920 --> 00:33:50,960 Speaker 2: you get involved. And you said to me that most 716 00:33:51,000 --> 00:33:52,880 Speaker 2: people working a joint at some stage or raither go 717 00:33:52,960 --> 00:33:55,400 Speaker 2: to do an A B test where their test taste. 718 00:33:55,440 --> 00:33:57,800 Speaker 2: It's just everyone, like even the econmost dudes, they get 719 00:33:57,800 --> 00:33:58,480 Speaker 2: to get it and do it. 720 00:33:59,240 --> 00:34:01,920 Speaker 3: Absolutely. Yeah, No, we have. We've we've got two sites. 721 00:34:01,960 --> 00:34:05,360 Speaker 3: We've got one where our main factory and the supporting 722 00:34:05,400 --> 00:34:09,360 Speaker 3: staff there. We've got managers and manly based there, so 723 00:34:09,400 --> 00:34:11,919 Speaker 3: all that dispatch and production happens there. And then we've 724 00:34:11,920 --> 00:34:15,000 Speaker 3: got another site which I mostly work from, where our marketing, 725 00:34:15,120 --> 00:34:18,960 Speaker 3: customer service and webdev team is. And yeah, but our 726 00:34:19,000 --> 00:34:21,080 Speaker 3: taste testers, the guys in R and D will come 727 00:34:21,160 --> 00:34:23,240 Speaker 3: up there sort of one day a week and ensure 728 00:34:23,239 --> 00:34:25,880 Speaker 3: that they get involved to and we're pretty big like that, 729 00:34:26,000 --> 00:34:28,759 Speaker 3: Like you know, we have extended team meetings in our 730 00:34:28,960 --> 00:34:33,479 Speaker 3: Christmas parties and midyear parties. Like we very diverse range 731 00:34:33,520 --> 00:34:36,200 Speaker 3: of jobs, you know, skills and pay levels and whatever. 732 00:34:36,239 --> 00:34:38,000 Speaker 3: But whenever we can kind of get together and you know, 733 00:34:38,080 --> 00:34:41,000 Speaker 3: celebrate that big team we have. We look for every opportunity. 734 00:34:41,120 --> 00:34:45,520 Speaker 3: You good with your people culturally, Yeah, look, it's huge 735 00:34:45,520 --> 00:34:47,719 Speaker 3: for me, so I've I think that one of the 736 00:34:47,760 --> 00:34:50,880 Speaker 3: things that inspired me most about starting a business is 737 00:34:51,280 --> 00:34:53,360 Speaker 3: wanting to create a place that people really wanted to 738 00:34:53,400 --> 00:34:57,359 Speaker 3: work and they felt respected and loved and supported because 739 00:34:57,360 --> 00:34:59,760 Speaker 3: I've had some pretty bad jobs and pretty bad bosses, 740 00:35:00,000 --> 00:35:02,560 Speaker 3: and for me, that's it's something that makes me most 741 00:35:02,560 --> 00:35:04,919 Speaker 3: proud about the company. And my sister in law, Jess, 742 00:35:04,920 --> 00:35:07,880 Speaker 3: so she's our general manager. I should mention her because 743 00:35:07,920 --> 00:35:11,400 Speaker 3: she's been an amazing part of the growth journeys in 744 00:35:11,440 --> 00:35:14,200 Speaker 3: the organization. But her and I have very similar values 745 00:35:14,239 --> 00:35:17,600 Speaker 3: when it comes to looking after people, supporting them and yeah, 746 00:35:17,680 --> 00:35:20,279 Speaker 3: just creat I think I'll give you this number. I 747 00:35:20,280 --> 00:35:23,200 Speaker 3: think of the ten people that started working for us, 748 00:35:23,239 --> 00:35:25,759 Speaker 3: our first ten employees, I think like seven are still 749 00:35:25,800 --> 00:35:27,920 Speaker 3: with us. And the reason why those others aren't is 750 00:35:27,920 --> 00:35:31,040 Speaker 3: that one became a full time mum, one retired, and 751 00:35:31,120 --> 00:35:32,680 Speaker 3: you know we have great staff retention. 752 00:35:33,040 --> 00:35:36,120 Speaker 2: Yeah, well, if I asked you, then mean I used 753 00:35:36,160 --> 00:35:38,719 Speaker 2: to often get us, still get us. So what do 754 00:35:38,760 --> 00:35:44,720 Speaker 2: you think therefore, is the definition for you in relation 755 00:35:44,840 --> 00:35:51,680 Speaker 2: to bog nutrients anyway this business? How would you define success? 756 00:35:52,200 --> 00:35:58,759 Speaker 3: I would say creating a creating a community around yourself 757 00:35:58,840 --> 00:36:02,640 Speaker 3: where you're supporting people and adding value and making their 758 00:36:02,680 --> 00:36:06,360 Speaker 3: lives better. And personally, I'd say putting myself in a 759 00:36:06,400 --> 00:36:10,200 Speaker 3: situation where I have autonomy in that I can choose 760 00:36:10,200 --> 00:36:11,839 Speaker 3: to do what I want, you know, choose to work 761 00:36:11,920 --> 00:36:14,120 Speaker 3: the way I want, and go and see things and 762 00:36:14,200 --> 00:36:17,200 Speaker 3: you know, buy things I want, et cetera. Having maximal 763 00:36:17,280 --> 00:36:21,719 Speaker 3: choice around that. Yeah, and then being able to spend 764 00:36:21,760 --> 00:36:24,000 Speaker 3: time with my family and friends and that kind of thing. 765 00:36:24,080 --> 00:36:30,160 Speaker 1: So your business has been and or has been funded 766 00:36:30,200 --> 00:36:33,319 Speaker 1: or whatever were the words I through the business profits? 767 00:36:33,360 --> 00:36:33,680 Speaker 3: Correct? 768 00:36:33,760 --> 00:36:35,799 Speaker 1: Yeah, And you haven't gone out to markets. 769 00:36:35,760 --> 00:36:38,560 Speaker 3: No, we haven't. We have lots of people always approaching us. 770 00:36:38,960 --> 00:36:41,520 Speaker 3: But we've been very fortunate, and that we've banked lots 771 00:36:41,560 --> 00:36:46,400 Speaker 3: of money tell us something probably really interesting about our company, 772 00:36:46,520 --> 00:36:50,320 Speaker 3: and this signifies how much we've grown. But that original 773 00:36:50,320 --> 00:36:52,399 Speaker 3: factory site that we're on at the moment, so it's 774 00:36:52,760 --> 00:36:56,520 Speaker 3: what is it, four acres of land, sixteen thousand square meters. 775 00:36:56,840 --> 00:36:59,400 Speaker 3: The factory itself is about original building was about two 776 00:36:59,400 --> 00:37:01,680 Speaker 3: and a half thousand square meters. Now we bought that 777 00:37:01,760 --> 00:37:05,319 Speaker 3: eleven years ago. Now we only used a tiny bit 778 00:37:05,360 --> 00:37:07,080 Speaker 3: of it at the time, and we got the building 779 00:37:07,200 --> 00:37:09,279 Speaker 3: very cheap. So it was an old Apple cool store, 780 00:37:09,280 --> 00:37:11,799 Speaker 3: which we've spent millions on since you know, we've we've 781 00:37:11,800 --> 00:37:13,840 Speaker 3: decked it out it's beautiful. You walk inside there and 782 00:37:13,880 --> 00:37:16,200 Speaker 3: it's kind of state of the art. But the original 783 00:37:16,239 --> 00:37:18,359 Speaker 3: price we paid for that building and land, which we're 784 00:37:18,400 --> 00:37:24,200 Speaker 3: at now is equivalent to two days turnover, well two 785 00:37:24,280 --> 00:37:27,719 Speaker 3: days two days turnover of today's turnover, yeah, some way 786 00:37:27,719 --> 00:37:29,480 Speaker 3: back then. But just I mean, that's one of the 787 00:37:29,520 --> 00:37:32,120 Speaker 3: beauties of Tasmani. It's like, you can't build a business 788 00:37:32,160 --> 00:37:34,440 Speaker 3: like that in Sydney or Victoria. You know, you you 789 00:37:34,480 --> 00:37:37,880 Speaker 3: would have to buy, renovate, sell, move. You would have 790 00:37:37,880 --> 00:37:39,640 Speaker 3: had to move three or four times, you know. 791 00:37:39,920 --> 00:37:41,840 Speaker 2: Yeah, that mays to be difference in terms of efficiency 792 00:37:41,840 --> 00:37:43,600 Speaker 2: because you're not uprooting all the time. 793 00:37:43,719 --> 00:37:47,000 Speaker 3: Absolutely, yeah. Yeah, And look we've renovated that building more 794 00:37:47,040 --> 00:37:49,120 Speaker 3: and more as we've gone along, and we've even added 795 00:37:49,120 --> 00:37:51,320 Speaker 3: a building out the back. And again we've spent many 796 00:37:51,320 --> 00:37:53,600 Speaker 3: more times in the original purchase price. But you know, 797 00:37:53,680 --> 00:37:56,160 Speaker 3: that flexibility was just amazing for us. You know. 798 00:37:56,400 --> 00:38:01,120 Speaker 2: So, how many skews or product lines do you have now, 799 00:38:01,200 --> 00:38:02,640 Speaker 2: because I'm where we've got three in front of it. 800 00:38:02,719 --> 00:38:04,520 Speaker 3: Yeah, we're at about one hundred and fifty. So our 801 00:38:04,560 --> 00:38:07,080 Speaker 3: goal is always been to be one stops upment shops. 802 00:38:07,120 --> 00:38:10,880 Speaker 3: So the idea is if you're a sportsperson, athlete, someone 803 00:38:10,960 --> 00:38:14,600 Speaker 3: involved in in that kind of sports nutrition, we want 804 00:38:14,640 --> 00:38:16,520 Speaker 3: to be giving you as many products as you can 805 00:38:16,640 --> 00:38:17,120 Speaker 3: from us. 806 00:38:17,560 --> 00:38:19,520 Speaker 1: So let me throw a few act you've got what 807 00:38:19,600 --> 00:38:20,400 Speaker 1: about and. 808 00:38:23,160 --> 00:38:23,520 Speaker 3: In amen? 809 00:38:23,640 --> 00:38:26,719 Speaker 1: Correct, yeah or ad and do whatever have you got 810 00:38:26,760 --> 00:38:27,680 Speaker 1: that's so sure. 811 00:38:27,520 --> 00:38:29,239 Speaker 3: To Yeah, yeah, no, it's a big one for us. 812 00:38:29,320 --> 00:38:32,879 Speaker 3: And we recently changed our capsual size from two fifty 813 00:38:32,880 --> 00:38:36,040 Speaker 3: to five hundred grams, and we're very responsive. So what 814 00:38:36,160 --> 00:38:38,480 Speaker 3: happens with these ingredients is when they come out, they're 815 00:38:38,480 --> 00:38:42,440 Speaker 3: only very expensive. Not many manufacturers synthesizing the ingredients, and 816 00:38:42,560 --> 00:38:44,960 Speaker 3: over time there'll be more competition in the market and 817 00:38:45,000 --> 00:38:48,440 Speaker 3: those prices will come down. And so we recently increase 818 00:38:48,480 --> 00:38:50,720 Speaker 3: our capsual size from two fifty to five hundred grams, 819 00:38:51,040 --> 00:38:52,640 Speaker 3: but didn't increase the price of the product, you know, 820 00:38:52,760 --> 00:38:54,360 Speaker 3: so we passed that saving onto customers. 821 00:38:54,800 --> 00:38:58,440 Speaker 2: So, and how do you work out which what's trending 822 00:38:58,560 --> 00:39:01,120 Speaker 2: or whatever the word is, and and what's and also 823 00:39:01,200 --> 00:39:02,560 Speaker 2: what's of value? I mean, how do you work at 824 00:39:02,880 --> 00:39:05,919 Speaker 2: somebody might be dreading but then you might say, well, yeah, 825 00:39:05,960 --> 00:39:08,200 Speaker 2: but it's all bullshit, it's not worth it. 826 00:39:08,480 --> 00:39:11,280 Speaker 3: And look for us legitimacy is so important, so anytime 827 00:39:11,400 --> 00:39:14,040 Speaker 3: that we look very very closely the science, and we 828 00:39:14,120 --> 00:39:16,719 Speaker 3: don't want to sell snake all. You know, there's no 829 00:39:16,880 --> 00:39:19,799 Speaker 3: smoke and mirrors and transperency. Experience is a big part 830 00:39:19,800 --> 00:39:22,840 Speaker 3: of what we do. Certainly something has to be around 831 00:39:22,880 --> 00:39:26,440 Speaker 3: for long enough time, but we would normally look at 832 00:39:26,440 --> 00:39:28,400 Speaker 3: the established science and kind of go, do we think 833 00:39:28,440 --> 00:39:31,280 Speaker 3: this is legitimate enough? And everyone's rule here is different. 834 00:39:31,320 --> 00:39:34,360 Speaker 3: I mean, there's some sports scientists that think there are 835 00:39:34,400 --> 00:39:36,920 Speaker 3: only three ingredients in this contru space that are worth 836 00:39:36,960 --> 00:39:39,360 Speaker 3: looking at, and then there's others that think there are hundreds, 837 00:39:39,480 --> 00:39:41,560 Speaker 3: you know, and we're obviously somewhere between those points. 838 00:39:41,760 --> 00:39:43,040 Speaker 2: So I. 839 00:39:44,600 --> 00:39:48,120 Speaker 1: Must say I'm like a I'm actually quite a big. 840 00:39:49,920 --> 00:39:52,000 Speaker 2: After having learned a lot doing my Broat Project one 841 00:39:52,080 --> 00:39:58,080 Speaker 2: hundred through speed into various physicians and so called experts, 842 00:39:58,120 --> 00:40:02,160 Speaker 2: et cetera, I'm a big bever in the benefits of creasing. Now, yes, 843 00:40:02,840 --> 00:40:06,800 Speaker 2: not not just before women too, particularly if you're you know, 844 00:40:07,239 --> 00:40:09,319 Speaker 2: I was amate fighter, but like you know, if you've 845 00:40:09,360 --> 00:40:12,919 Speaker 2: been knocked around a bit, and because it's actually quite 846 00:40:12,960 --> 00:40:15,880 Speaker 2: good for the brain, especially as we get older. I mean, 847 00:40:15,920 --> 00:40:18,320 Speaker 2: I don't take it too. I don't take you like 848 00:40:18,400 --> 00:40:20,759 Speaker 2: the bodybuilders do. They take a lot more than I do. 849 00:40:20,880 --> 00:40:23,279 Speaker 2: I take like five grams or milligrams or whatever, two 850 00:40:23,280 --> 00:40:28,399 Speaker 2: spoon worth. What is that five milligrams? So I take 851 00:40:28,440 --> 00:40:30,440 Speaker 2: it to spoon. I just know it by two spoons. Yea, 852 00:40:31,040 --> 00:40:34,320 Speaker 2: how much I obtained by two spoon? And and I 853 00:40:34,400 --> 00:40:37,480 Speaker 2: tell you every day, let's say nearly every day. And 854 00:40:37,600 --> 00:40:39,640 Speaker 2: I just mix with the product that's going to taste. 855 00:40:40,120 --> 00:40:42,359 Speaker 2: She doesn't say that good with water. It's a bit 856 00:40:42,360 --> 00:40:43,759 Speaker 2: of a sickly taste. So but if I mix it 857 00:40:43,800 --> 00:40:46,800 Speaker 2: with somebody that that's something else. I can't taste it 858 00:40:46,800 --> 00:40:49,000 Speaker 2: at all. But I'm a big believer in it. And 859 00:40:50,360 --> 00:40:52,839 Speaker 2: what what do you what would you you know, you're 860 00:40:52,880 --> 00:40:54,520 Speaker 2: in the business. Do you look at guys all the science. 861 00:40:54,560 --> 00:40:57,400 Speaker 2: What would you tell me about creating? 862 00:40:58,320 --> 00:41:00,400 Speaker 3: Well, yeah, I definitely say that's good idea to take it. 863 00:41:00,840 --> 00:41:02,799 Speaker 3: One of the things about creatine people don't realize how 864 00:41:02,840 --> 00:41:06,319 Speaker 3: cost effective it is. I think a killo creatine from 865 00:41:06,400 --> 00:41:10,120 Speaker 3: us at the moment might be thirty or forty dollars forever. Yeah, 866 00:41:10,160 --> 00:41:11,839 Speaker 3: but you've got two hundred serves there. You know, it's 867 00:41:11,840 --> 00:41:14,399 Speaker 3: the eight months work and that's totally decent sized, does 868 00:41:14,600 --> 00:41:18,880 Speaker 3: so every day every day. Yeah, yeah, absolutely so crazily 869 00:41:18,960 --> 00:41:22,840 Speaker 3: cost effective, and I would say out of every ingredient, 870 00:41:23,040 --> 00:41:26,800 Speaker 3: it's the most verified in terms of increasing strength and performance. 871 00:41:26,920 --> 00:41:30,359 Speaker 3: You know, even has some benefits and endurance too. It's 872 00:41:30,520 --> 00:41:33,120 Speaker 3: been studied, you know, there literally be thousands of studies 873 00:41:33,120 --> 00:41:37,640 Speaker 3: that involve creantine. But that's that's creatine predominantly is involved 874 00:41:37,680 --> 00:41:40,480 Speaker 3: in the energy cycle, which is used for muscle contractions. 875 00:41:42,360 --> 00:41:44,000 Speaker 3: Kind of, it's not worth me going into the science. 876 00:41:44,040 --> 00:41:46,800 Speaker 3: They're how it works and replenishment of the atp et cetera. 877 00:41:47,200 --> 00:41:51,160 Speaker 3: But yeah, look, as you've just said before, there's there's 878 00:41:51,160 --> 00:41:52,960 Speaker 3: all sorts of research now in terms of you know, 879 00:41:53,000 --> 00:41:58,960 Speaker 3: anti aging benefits, you know, cognitive ability, you know, warding off, 880 00:41:59,000 --> 00:42:02,520 Speaker 3: all sorts of you know, age related stuff. Specifically some 881 00:42:02,640 --> 00:42:04,680 Speaker 3: benefits for women too. Just seems to be a bit 882 00:42:04,719 --> 00:42:05,520 Speaker 3: of a wonder compound. 883 00:42:05,600 --> 00:42:08,040 Speaker 2: But yeah, because I saw something the other day which 884 00:42:08,080 --> 00:42:12,759 Speaker 2: I thought was very interesting that women tend to it 885 00:42:12,880 --> 00:42:15,040 Speaker 2: tends to be busy a statistical sense, more women get 886 00:42:15,360 --> 00:42:18,960 Speaker 2: dementia than men, and that creatane is actually very good 887 00:42:19,040 --> 00:42:23,680 Speaker 2: for well, the science suggests that cretan is very good 888 00:42:23,760 --> 00:42:27,000 Speaker 2: in helping to not necessarily stop you from getting a 889 00:42:27,040 --> 00:42:30,360 Speaker 2: dementia or and or else office but delaying it, and 890 00:42:30,800 --> 00:42:35,400 Speaker 2: particularly if you have had two traumatic brain injury. And 891 00:42:35,520 --> 00:42:37,839 Speaker 2: I don't mean by traumatic brain injury by the way 892 00:42:37,920 --> 00:42:39,960 Speaker 2: going through the front window or something you can't I'm 893 00:42:39,960 --> 00:42:43,200 Speaker 2: talking about played footy, or you were a basketballer, or 894 00:42:43,280 --> 00:42:45,200 Speaker 2: you're a netball or you're a soccer player you're heading 895 00:42:45,239 --> 00:42:47,120 Speaker 2: the ball, or you played robility or your box or 896 00:42:47,120 --> 00:42:50,520 Speaker 2: whatever the case be. And I'm talking about little little TBI. 897 00:42:51,719 --> 00:42:54,200 Speaker 2: Not necessarily trauma doesn't have to be huge, it can 898 00:42:54,239 --> 00:42:56,960 Speaker 2: be just small, and Creatan is very good for that. 899 00:42:57,120 --> 00:42:59,880 Speaker 2: In fact, there's a lot of studies are saying that 900 00:43:00,400 --> 00:43:02,880 Speaker 2: if someone has just played a game of football or 901 00:43:03,000 --> 00:43:05,000 Speaker 2: is about to play a game roby League for example, 902 00:43:05,280 --> 00:43:10,160 Speaker 2: that they should have like twenty middle grams do this 903 00:43:10,800 --> 00:43:13,959 Speaker 2: before they play because it helps you actually your brain 904 00:43:14,080 --> 00:43:17,920 Speaker 2: deal with the trauma you're going to get. And a 905 00:43:17,960 --> 00:43:20,480 Speaker 2: lot of footballers get this trauma, they accept the proposition, 906 00:43:20,640 --> 00:43:24,080 Speaker 2: they get it. But I just think this underdone, way, 907 00:43:24,200 --> 00:43:28,000 Speaker 2: way underdone, creatine, and it's so easy. There's absolutely no 908 00:43:28,080 --> 00:43:30,959 Speaker 2: excuse for it, especially if it's you know, just sitting 909 00:43:30,960 --> 00:43:33,160 Speaker 2: in your cupboard and where you get up first in 910 00:43:33,239 --> 00:43:34,640 Speaker 2: the morning when you have a first drink of water. 911 00:43:34,960 --> 00:43:37,680 Speaker 2: I do want to talk about another really important product 912 00:43:37,680 --> 00:43:41,120 Speaker 2: that you have is hydration product. So you have a 913 00:43:42,680 --> 00:43:46,359 Speaker 2: a hydration product which is made up of minerals, made 914 00:43:46,400 --> 00:43:48,400 Speaker 2: up of minerals salts, basically mineral salts. 915 00:43:49,400 --> 00:43:50,800 Speaker 1: How long you've had that product? And why does it 916 00:43:50,880 --> 00:43:51,480 Speaker 1: so important have. 917 00:43:52,520 --> 00:43:54,600 Speaker 3: Just before I do that just in terms of the 918 00:43:54,680 --> 00:43:59,040 Speaker 3: crew scene. Yeah, so there's evidence about improving improving cognitive 919 00:43:59,080 --> 00:44:03,440 Speaker 3: performance during stressful situations, even helping people if they're affected 920 00:44:03,480 --> 00:44:06,000 Speaker 3: by sleep deprivation. We have to be careful not making 921 00:44:06,040 --> 00:44:09,240 Speaker 3: therapeutic claims here, but yeah, it is. It is shown 922 00:44:09,280 --> 00:44:10,799 Speaker 3: to be beneficial for so many things. 923 00:44:10,880 --> 00:44:14,520 Speaker 2: You know. I for me, when I read the paper, 924 00:44:14,560 --> 00:44:16,040 Speaker 2: will work on it. And that's the sort of thing 925 00:44:16,040 --> 00:44:19,200 Speaker 2: I do. I read, you know, like abstracts and studies publications. 926 00:44:19,680 --> 00:44:23,840 Speaker 2: It covers so many things. Yeah, Like it's crazy like sleep, 927 00:44:24,360 --> 00:44:28,239 Speaker 2: as you say, cognitive cognitive cognitive ability, you know, like 928 00:44:28,360 --> 00:44:30,680 Speaker 2: if you're looking from my point of view, particularly as 929 00:44:30,719 --> 00:44:33,759 Speaker 2: you get older. From my point of view, performance is 930 00:44:33,800 --> 00:44:35,920 Speaker 2: really big deal. Being able to perform like it if 931 00:44:35,920 --> 00:44:38,759 Speaker 2: when younger I mean, like may I don't hold you, 932 00:44:38,840 --> 00:44:39,600 Speaker 2: but you look pretty young. 933 00:44:39,800 --> 00:44:40,320 Speaker 1: Someone like you. 934 00:44:40,640 --> 00:44:43,920 Speaker 2: You're probably sweet if you just eat, you know, you 935 00:44:44,280 --> 00:44:47,520 Speaker 2: know everything, Like you all have good vegetables and good 936 00:44:47,560 --> 00:44:50,160 Speaker 2: steak or whatever it is. But when you get older, 937 00:44:50,360 --> 00:44:51,960 Speaker 2: it's not the case. And we don't and because we 938 00:44:52,040 --> 00:44:54,040 Speaker 2: don't and we don't digestive thing as well as we 939 00:44:54,160 --> 00:44:56,680 Speaker 2: used to either, because you know, we're producing less acid in. 940 00:44:56,680 --> 00:44:58,840 Speaker 1: The stomach, and there's a whole lot. It's quite complex. 941 00:44:59,200 --> 00:45:02,600 Speaker 2: So when the thing that you get from creeding is 942 00:45:02,840 --> 00:45:06,239 Speaker 2: like massive, like in terms of dish or stuff proty, yes, 943 00:45:06,360 --> 00:45:09,000 Speaker 2: really important because you just need protein. But this stuff 944 00:45:09,040 --> 00:45:11,000 Speaker 2: here does so many other things or is involved in 945 00:45:11,120 --> 00:45:13,279 Speaker 2: so many other processes the body. I just don't think 946 00:45:13,280 --> 00:45:14,799 Speaker 2: you can do without it. I mean, that's my point 947 00:45:14,800 --> 00:45:18,400 Speaker 2: of view. And this one here does support what is that. 948 00:45:18,680 --> 00:45:21,279 Speaker 3: Diffusion talking about. Yah, so if you talked about some 949 00:45:21,360 --> 00:45:23,560 Speaker 3: of the jestive problems that people have when they age. 950 00:45:24,160 --> 00:45:26,360 Speaker 3: And just to be clear, so I'm forty. 951 00:45:26,160 --> 00:45:29,000 Speaker 2: Five, so obviously look then if you've been taking this, 952 00:45:29,160 --> 00:45:30,440 Speaker 2: you'll go, you're about twenty five. 953 00:45:31,320 --> 00:45:34,160 Speaker 3: Look, I'm younger than you, but I'm certainly old enough 954 00:45:34,239 --> 00:45:36,640 Speaker 3: to have a lot of niggling, you know, knee and 955 00:45:36,719 --> 00:45:39,600 Speaker 3: back issues, and you know, a lot of the longevity 956 00:45:39,680 --> 00:45:42,560 Speaker 3: benefits I get from these products. Yeah, I'm sort of 957 00:45:42,640 --> 00:45:44,600 Speaker 3: relling to really into that realm. You know. When I 958 00:45:44,719 --> 00:45:47,120 Speaker 3: was sort of thirty and below, you know, it's like 959 00:45:47,239 --> 00:45:48,839 Speaker 3: you don't think about your body. It's just your wake 960 00:45:48,920 --> 00:45:51,560 Speaker 3: up and you know, you bounce really well. But now 961 00:45:51,800 --> 00:45:54,200 Speaker 3: I'm certainly old enough to be getting the benefits of 962 00:45:54,320 --> 00:45:55,439 Speaker 3: living in a healthy way. 963 00:45:55,560 --> 00:45:59,000 Speaker 2: You know. Well, I've only sort of more recently been 964 00:45:59,040 --> 00:46:02,400 Speaker 2: involved in supplement yep. And you know, prior to that, 965 00:46:03,040 --> 00:46:05,359 Speaker 2: I've always trained, but I've always had injuries and stuff 966 00:46:05,360 --> 00:46:08,319 Speaker 2: like that. But I've always trained. But now I don't 967 00:46:08,320 --> 00:46:11,480 Speaker 2: think I can get by without supplements. So and I 968 00:46:11,680 --> 00:46:15,560 Speaker 2: just also think that sourcing the right food and sourcing 969 00:46:15,640 --> 00:46:18,080 Speaker 2: the right amount of the supplements that I need is 970 00:46:18,160 --> 00:46:19,719 Speaker 2: not an easy thing to do. And then you've got 971 00:46:19,800 --> 00:46:22,280 Speaker 2: to cook, and you know, blah blah blah. And sometimes 972 00:46:22,360 --> 00:46:24,399 Speaker 2: you know, like at night, I don't want to eat 973 00:46:24,400 --> 00:46:26,040 Speaker 2: a big meal because I want to sleep properly and 974 00:46:26,480 --> 00:46:29,080 Speaker 2: I might get home late. So then then for me, 975 00:46:29,120 --> 00:46:31,960 Speaker 2: it's a no brainer. Gets these things up together. I 976 00:46:32,040 --> 00:46:35,280 Speaker 2: did want to talk about the infusion and the salts 977 00:46:36,960 --> 00:46:41,480 Speaker 2: because I've had I had a conversation with Jordan Sullivan, 978 00:46:41,520 --> 00:46:44,160 Speaker 2: who's the fight dietician who is very famous when it 979 00:46:44,200 --> 00:46:45,920 Speaker 2: comes to hydration. 980 00:46:46,200 --> 00:46:47,279 Speaker 1: It's a big deal for him. 981 00:46:48,160 --> 00:46:50,560 Speaker 2: And I see that you've got your own hydration product 982 00:46:50,600 --> 00:46:54,759 Speaker 2: as well. I've got it in my office. Actually, let's 983 00:46:54,920 --> 00:46:57,399 Speaker 2: just have a quick talk about hydration. Like I can't 984 00:46:57,400 --> 00:47:02,040 Speaker 2: remember the three middles. I think a sodium, I think 985 00:47:02,080 --> 00:47:05,480 Speaker 2: of sodium, ignesium and potassium potassium. Yeah, yeah, yep, that's 986 00:47:05,520 --> 00:47:09,360 Speaker 2: in yours, correct, yep. So, and there are other products 987 00:47:09,440 --> 00:47:11,160 Speaker 2: like that. It doesn't need to be sweet. It doesn't 988 00:47:11,200 --> 00:47:12,520 Speaker 2: need to be the one you buy for when you 989 00:47:12,560 --> 00:47:17,560 Speaker 2: get diary, you know the thing that everyone get. What's 990 00:47:17,600 --> 00:47:20,200 Speaker 2: your how's your standout? How does your process look? 991 00:47:20,640 --> 00:47:23,040 Speaker 3: Ours is, well, we're very transparent in terms of what 992 00:47:23,239 --> 00:47:25,360 Speaker 3: ingredients we use in the ratios. I'd say that we 993 00:47:25,480 --> 00:47:27,320 Speaker 3: spent a lot of time looking at the literature and 994 00:47:27,360 --> 00:47:30,880 Speaker 3: worked out what the opten ratios were. And it's completely 995 00:47:30,960 --> 00:47:33,839 Speaker 3: carb free. And some people like adding carbs, but they're cheap, 996 00:47:33,920 --> 00:47:35,400 Speaker 3: so if you want to add them, you can, but 997 00:47:35,560 --> 00:47:37,240 Speaker 3: otherwise we want to give you a carb free product. 998 00:47:37,239 --> 00:47:40,240 Speaker 3: So you've got that choice, and it's just really cost effective. 999 00:47:40,360 --> 00:47:43,120 Speaker 3: You know, off the top of my head, that might 1000 00:47:43,200 --> 00:47:45,279 Speaker 3: be one where it's like, you know, fifty or sixty 1001 00:47:45,320 --> 00:47:47,680 Speaker 3: cents a doze. And again there might be some competitives 1002 00:47:47,719 --> 00:47:49,799 Speaker 3: products which are more like a couple of dollars a dose. 1003 00:47:49,920 --> 00:47:52,400 Speaker 3: So yeah, classic bulk nutrients product. We look at the 1004 00:47:52,480 --> 00:47:55,080 Speaker 3: market and said what exists? Can we make a better product? 1005 00:47:55,320 --> 00:47:57,160 Speaker 3: Can we make it more cost effective? You know, and 1006 00:47:57,480 --> 00:47:59,600 Speaker 3: you get it in a tub rather than individual's sachets, 1007 00:47:59,600 --> 00:48:03,080 Speaker 3: which you can makes it more cost effective. That's a yeah, very. 1008 00:48:03,000 --> 00:48:05,920 Speaker 2: Popular product and we just I just want to hone 1009 00:48:05,920 --> 00:48:10,000 Speaker 2: in on this one here the gut health what are 1010 00:48:10,000 --> 00:48:13,480 Speaker 2: you talking mean? Because is es like the Greens a 1011 00:48:13,520 --> 00:48:15,560 Speaker 2: little bit more sophisticated than just the Greens product. 1012 00:48:15,640 --> 00:48:18,359 Speaker 3: So with the digestic fusion, we use as many natural 1013 00:48:18,480 --> 00:48:20,319 Speaker 3: ingredients as we can. So we've got the pea fire 1014 00:48:20,400 --> 00:48:24,200 Speaker 3: but the weak grass, barley grass, colrell and spillina and 1015 00:48:24,280 --> 00:48:27,120 Speaker 3: then a variety of fruit powders. But this is both 1016 00:48:27,200 --> 00:48:29,800 Speaker 3: a combination of probiotics which we have in there, but 1017 00:48:29,840 --> 00:48:32,640 Speaker 3: also some probiotics, and the idea there is you're keeping 1018 00:48:32,640 --> 00:48:35,120 Speaker 3: your your guts nice and health in the first place. 1019 00:48:34,880 --> 00:48:36,279 Speaker 1: We're giving the microbes something to it. 1020 00:48:36,600 --> 00:48:37,360 Speaker 3: That's right exactly. 1021 00:48:37,600 --> 00:48:40,279 Speaker 2: Basically you're feeding the microbes in your gut and you're 1022 00:48:40,320 --> 00:48:41,480 Speaker 2: feeding them with the good stuff. 1023 00:48:41,880 --> 00:48:43,880 Speaker 3: They say that everyone's got microbes in the gut, but 1024 00:48:43,960 --> 00:48:46,000 Speaker 3: it's you know what to what level they are, and 1025 00:48:46,080 --> 00:48:47,960 Speaker 3: you know which ones you've got more of and less of. 1026 00:48:48,200 --> 00:48:50,080 Speaker 3: Is obviously changes spending on the food. 1027 00:48:50,360 --> 00:48:52,640 Speaker 2: So you're you know, you've got all these skews or 1028 00:48:52,719 --> 00:48:56,800 Speaker 2: product lines. You know, you're obviously doing quite well. Just 1029 00:48:56,920 --> 00:48:58,879 Speaker 2: when you say that the cost of the land you bought, 1030 00:48:58,920 --> 00:49:03,600 Speaker 2: which is riggers, the building and the building is equal 1031 00:49:03,640 --> 00:49:07,400 Speaker 2: to two days turnover. So they just just give us 1032 00:49:07,400 --> 00:49:10,080 Speaker 2: a broad idea like would you be number one in 1033 00:49:10,200 --> 00:49:12,399 Speaker 2: terms of nutritional products in Australia today? 1034 00:49:12,600 --> 00:49:14,759 Speaker 3: It look good questions. So it's hard for us to 1035 00:49:14,800 --> 00:49:17,440 Speaker 3: know the Australian base. Yeah, yeah, look well I think 1036 00:49:17,480 --> 00:49:20,160 Speaker 3: so because when I look at compared to so we've 1037 00:49:20,200 --> 00:49:22,480 Speaker 3: got our direct to consumer brand, so that's what we are. 1038 00:49:22,520 --> 00:49:25,239 Speaker 3: We manufacturing and sell direct. I think we're probably like 1039 00:49:25,400 --> 00:49:28,120 Speaker 3: three to four times bigger than maybe the next biggest 1040 00:49:28,160 --> 00:49:30,880 Speaker 3: of those. Yeah, maybe two to three actually, depending on 1041 00:49:30,960 --> 00:49:33,840 Speaker 3: which sector of the market you're talking about. But in 1042 00:49:34,000 --> 00:49:38,279 Speaker 3: terms of those established brands, you know, there's you've got 1043 00:49:38,400 --> 00:49:42,080 Speaker 3: what we've got Aussie Bodies and balance and nutrition. It's 1044 00:49:42,120 --> 00:49:44,200 Speaker 3: hard to know exactly how big they are, but we 1045 00:49:44,360 --> 00:49:46,600 Speaker 3: do know that when they're part of a conglomerate, which 1046 00:49:46,640 --> 00:49:48,080 Speaker 3: some of them are, you can look at the total 1047 00:49:48,120 --> 00:49:52,399 Speaker 3: Turno vigas and then kind of do some estimations and yeah, look, 1048 00:49:52,480 --> 00:49:55,080 Speaker 3: I think confidently say that we're bigger than those brands, 1049 00:49:55,120 --> 00:49:56,760 Speaker 3: and we certainly tell a whole lot more protein. 1050 00:49:57,120 --> 00:49:58,800 Speaker 2: Yeah, And it's sort of been under the radar a 1051 00:49:58,880 --> 00:50:01,880 Speaker 2: bit though, because as you're online and you know, sitting 1052 00:50:01,880 --> 00:50:04,920 Speaker 2: on shelves in those shops where you're looking at everything's 1053 00:50:04,920 --> 00:50:07,040 Speaker 2: sort of for sale, and we get mesmerized by walking 1054 00:50:07,040 --> 00:50:10,000 Speaker 2: around the room and then you get confused because you 1055 00:50:10,000 --> 00:50:12,399 Speaker 2: wouldn't know which one to buy because there's so many 1056 00:50:12,480 --> 00:50:12,719 Speaker 2: of them. 1057 00:50:13,560 --> 00:50:15,080 Speaker 1: But you've been one. Therefore you've been on the raid 1058 00:50:15,120 --> 00:50:16,680 Speaker 1: because your director consumer. 1059 00:50:16,719 --> 00:50:19,000 Speaker 3: And also to a customer base. I don't know what 1060 00:50:19,120 --> 00:50:22,080 Speaker 3: the current percentages are, but something like you know, ten 1061 00:50:22,120 --> 00:50:25,080 Speaker 3: to fifteen percent of Australians you would use approchain. Really, 1062 00:50:25,400 --> 00:50:27,880 Speaker 3: it's something like that, and what people used to say 1063 00:50:27,920 --> 00:50:30,960 Speaker 3: to me, I've never heard of you, and I actually 1064 00:50:31,040 --> 00:50:32,680 Speaker 3: realized that that's a bit of a compliment in a way, 1065 00:50:32,760 --> 00:50:34,719 Speaker 3: because it's like, if you're not buying our products, we 1066 00:50:34,800 --> 00:50:37,120 Speaker 3: don't necessarily want to waste that marketing budget on you. 1067 00:50:37,320 --> 00:50:39,759 Speaker 3: So we're very very specific with how we market to people, 1068 00:50:40,800 --> 00:50:43,800 Speaker 3: whether it's through you know, fitness expos, you know, bodybuilding shows, 1069 00:50:43,920 --> 00:50:47,080 Speaker 3: powerlifting events. Online marketing is a huge part of what 1070 00:50:47,160 --> 00:50:49,480 Speaker 3: we do, so I can talk about that also. We've 1071 00:50:49,520 --> 00:50:52,600 Speaker 3: got a massive budget for that social media, but we're 1072 00:50:52,719 --> 00:50:54,960 Speaker 3: very good at targeting people who are likely to buy 1073 00:50:55,000 --> 00:50:58,120 Speaker 3: our products. We are broadening over time because you know, 1074 00:50:58,200 --> 00:50:59,719 Speaker 3: there might be a lot of people that are sort 1075 00:50:59,760 --> 00:51:01,840 Speaker 3: of dipping into this market that aren't aware of us, 1076 00:51:02,320 --> 00:51:05,400 Speaker 3: and if they go into a supplement store or have 1077 00:51:05,480 --> 00:51:07,560 Speaker 3: a look at Wullies on the shelves, we want them 1078 00:51:07,560 --> 00:51:09,520 Speaker 3: to be aware of us too, because we used to 1079 00:51:09,560 --> 00:51:11,839 Speaker 3: be a brand that people would come to after using 1080 00:51:11,960 --> 00:51:14,040 Speaker 3: name brands and kind of going, I want better value, 1081 00:51:14,280 --> 00:51:16,279 Speaker 3: whereas now we want people to see us early on 1082 00:51:16,360 --> 00:51:17,879 Speaker 3: and going and I'm going to go straight to bulk 1083 00:51:17,960 --> 00:51:19,440 Speaker 3: nutrients because that's where value is. 1084 00:51:19,560 --> 00:51:21,400 Speaker 2: Well, I was going to say, what would you think then, 1085 00:51:21,680 --> 00:51:26,600 Speaker 2: is your probably your number one highlight as far as 1086 00:51:26,640 --> 00:51:31,000 Speaker 2: consumers concern? Is it because is it because of the pricing? 1087 00:51:31,640 --> 00:51:34,040 Speaker 2: Is it because of the ingredients or I mean, obviously 1088 00:51:34,160 --> 00:51:36,040 Speaker 2: you'd probably say some combination. But what is the one 1089 00:51:36,080 --> 00:51:37,480 Speaker 2: thing that most people think of when they think of 1090 00:51:37,520 --> 00:51:39,440 Speaker 2: bulk nutrients that actually are a consumer of it? 1091 00:51:40,280 --> 00:51:44,560 Speaker 3: Yeah, I would say that the being very cost effective. Yeah, 1092 00:51:44,680 --> 00:51:49,000 Speaker 3: certainly compared to stores and gyms and things. But word 1093 00:51:49,040 --> 00:51:51,360 Speaker 3: of mouth for us is massive too, So you know, 1094 00:51:51,520 --> 00:51:54,359 Speaker 3: so many personal trainers and competitive athletes and others are 1095 00:51:54,480 --> 00:51:57,200 Speaker 3: using our product. And that's why even though we literally 1096 00:51:57,239 --> 00:52:00,600 Speaker 3: spend you know, many many millions a year on digital 1097 00:52:00,640 --> 00:52:03,600 Speaker 3: advertising and things, whenever we do our surveying, word of 1098 00:52:03,640 --> 00:52:05,759 Speaker 3: mouth is still our best advertisement. 1099 00:52:06,200 --> 00:52:09,080 Speaker 2: Wow, and where to from here? So you know we've 1100 00:52:09,080 --> 00:52:13,200 Speaker 2: got You're doing really well from my point of view, 1101 00:52:13,320 --> 00:52:17,960 Speaker 2: Very young you and your fairly new business. You're only 1102 00:52:18,120 --> 00:52:21,920 Speaker 2: twenty years old, yeah, fifteen twenty years Yeah for me, 1103 00:52:22,080 --> 00:52:26,359 Speaker 2: that's nothing in a lifetime business lifetime. What's your plan? 1104 00:52:26,840 --> 00:52:30,200 Speaker 3: So about three years ago we started four years ago, 1105 00:52:30,239 --> 00:52:33,640 Speaker 3: we started TGA project, which is Therapeutic Goods Administration. So 1106 00:52:34,440 --> 00:52:37,560 Speaker 3: we had capsulated products as foods, which we still have 1107 00:52:37,680 --> 00:52:40,359 Speaker 3: some of them, but we understood that legislation was going 1108 00:52:40,400 --> 00:52:44,640 Speaker 3: to change, and if you were to manufacture and sell capsules, 1109 00:52:44,880 --> 00:52:46,439 Speaker 3: they needs to be under therapeutic goods. 1110 00:52:46,520 --> 00:52:47,880 Speaker 1: Now, is it because it's in a capsule. 1111 00:52:48,200 --> 00:52:52,160 Speaker 3: Yeah, it's a long story here, and crazily it looks 1112 00:52:52,200 --> 00:52:54,960 Speaker 3: like medicine. Yeah, that's right. But the legislation was due 1113 00:52:54,960 --> 00:52:57,480 Speaker 3: to change in the eleventh hour, literally about two months 1114 00:52:57,560 --> 00:53:00,960 Speaker 3: from the date change, after we'd invested many minutillions. They 1115 00:53:01,040 --> 00:53:03,319 Speaker 3: basically said, oh, maybe it won't change so much after all. 1116 00:53:03,920 --> 00:53:06,719 Speaker 3: That's a story in itself, and you know, bureaucrats a like. 1117 00:53:07,920 --> 00:53:10,480 Speaker 3: But we now have a therapeutic goods plant, which is good, 1118 00:53:10,520 --> 00:53:12,120 Speaker 3: so that that's probably the biggest thing we've done in 1119 00:53:12,160 --> 00:53:15,160 Speaker 3: a while. So we manufacture. We always manufactured our captual products, 1120 00:53:15,160 --> 00:53:17,360 Speaker 3: but now we manufacture some of them are starting to 1121 00:53:17,600 --> 00:53:21,879 Speaker 3: therapeutic goods, which kind of means that we have opportunities 1122 00:53:21,920 --> 00:53:25,280 Speaker 3: into that sort of much wider range of complementary medicines 1123 00:53:25,360 --> 00:53:27,680 Speaker 3: and those kinds of pharmaceuticals. So that will be a 1124 00:53:27,719 --> 00:53:31,400 Speaker 3: bigger push for us. So, you know, weight loss products, 1125 00:53:31,640 --> 00:53:35,560 Speaker 3: performance based products in the capsual form, and yeah. 1126 00:53:35,880 --> 00:53:37,680 Speaker 1: What does a performance based product mean, what do you mean? 1127 00:53:38,520 --> 00:53:41,960 Speaker 3: I guess that anything that will give you eogenic benefits, 1128 00:53:42,040 --> 00:53:45,280 Speaker 3: So something that will help you add muscle or get fitter, 1129 00:53:45,600 --> 00:53:49,840 Speaker 3: or muscular endurance or you know, yet just straight endurance. 1130 00:53:49,920 --> 00:53:51,800 Speaker 1: You mean outside of creating for example. 1131 00:53:52,000 --> 00:53:54,440 Speaker 3: Yeah, so I'd say that most of our products, like 1132 00:53:54,480 --> 00:53:58,000 Speaker 3: a pre workout product, our branch shann amino acids, our proteins, 1133 00:53:58,000 --> 00:54:01,160 Speaker 3: et cetera. All of these things that designed to improve 1134 00:54:01,280 --> 00:54:04,359 Speaker 3: performance in some way. Yeah, rather than well, I mean, 1135 00:54:04,520 --> 00:54:07,040 Speaker 3: we would say general health is also performance though, isn't 1136 00:54:07,080 --> 00:54:09,680 Speaker 3: it big taking it's better? Yeah that that that line 1137 00:54:09,760 --> 00:54:12,400 Speaker 3: is probably blurred. But in the past, at least from 1138 00:54:12,400 --> 00:54:14,359 Speaker 3: my perspective, I used to look upon it and say, 1139 00:54:14,400 --> 00:54:17,440 Speaker 3: we were a sports nutrition company, so that's aligned with 1140 00:54:17,600 --> 00:54:20,359 Speaker 3: kind of performance and muscle building, et cetera. And then 1141 00:54:20,400 --> 00:54:22,279 Speaker 3: there was the kind of the general health, which is 1142 00:54:22,360 --> 00:54:25,359 Speaker 3: more the black Wars and traditional products like that. But yeah, 1143 00:54:25,680 --> 00:54:28,080 Speaker 3: there's been a much greater kind of merging because they're 1144 00:54:28,160 --> 00:54:29,799 Speaker 3: more in our space and we're more in their space 1145 00:54:29,920 --> 00:54:30,279 Speaker 3: now too. 1146 00:54:30,360 --> 00:54:32,960 Speaker 2: Yeah, because I mean I've seen a couple of other 1147 00:54:33,000 --> 00:54:35,680 Speaker 2: because there are some more there are. There is one 1148 00:54:35,800 --> 00:54:37,759 Speaker 2: particular and I'm not going to mention the name, but 1149 00:54:37,800 --> 00:54:43,480 Speaker 2: there's one particular provider who sells everything in a capsule 1150 00:54:43,520 --> 00:54:46,520 Speaker 2: or table of form and the you know, the chemist warehouses. 1151 00:54:46,080 --> 00:54:46,399 Speaker 1: Of the world. 1152 00:54:46,520 --> 00:54:48,920 Speaker 2: Like it's just got a million there of this particular 1153 00:54:49,080 --> 00:54:52,960 Speaker 2: individual's brand in there, but it's all sort of nearly 1154 00:54:53,040 --> 00:54:58,120 Speaker 2: homeopathic or it's all like stinging nettle and all these 1155 00:54:58,160 --> 00:55:00,239 Speaker 2: sorts of things. You know, these sorts of things will 1156 00:55:00,320 --> 00:55:05,560 Speaker 2: kind of hurt and marketing is unbelievable because they're everywhere. 1157 00:55:06,560 --> 00:55:07,800 Speaker 2: What do you think about that sort of stuff? Is 1158 00:55:07,840 --> 00:55:09,720 Speaker 2: that sort of territory where you guys go down. 1159 00:55:09,880 --> 00:55:13,879 Speaker 3: Look, not really, I mean I'm not sure of Yeah, 1160 00:55:14,280 --> 00:55:16,480 Speaker 3: like we'd have to get into the weeds about which 1161 00:55:16,520 --> 00:55:19,520 Speaker 3: products and what's effective and whatever else. But I think 1162 00:55:19,600 --> 00:55:23,000 Speaker 3: that for us, that that cost per serve and that 1163 00:55:23,080 --> 00:55:27,480 Speaker 3: real value and ingredients that generally better known is going 1164 00:55:27,560 --> 00:55:29,320 Speaker 3: to be something that we kind of stick to. But 1165 00:55:29,920 --> 00:55:32,040 Speaker 3: that said, I mean, we're getting into the longevity space 1166 00:55:32,120 --> 00:55:33,880 Speaker 3: quite a bit. You know, we have the nm N product, 1167 00:55:34,280 --> 00:55:36,439 Speaker 3: We've got a lot of different ingredients that you used 1168 00:55:36,480 --> 00:55:38,680 Speaker 3: for that, and we've got some formulas that we're due 1169 00:55:38,680 --> 00:55:40,399 Speaker 3: to release which will be you know, in that kind 1170 00:55:40,400 --> 00:55:41,640 Speaker 3: of longevity, anti. 1171 00:55:41,840 --> 00:55:43,160 Speaker 1: Weight because I want some of them. 1172 00:55:43,400 --> 00:55:46,759 Speaker 3: Yeah a good let me be your. 1173 00:55:48,280 --> 00:55:50,319 Speaker 1: Yeah test umy. 1174 00:55:50,400 --> 00:55:53,520 Speaker 2: I mean no, I'm serious because I actually some sage 1175 00:55:53,560 --> 00:55:54,640 Speaker 2: you love to come down and have a look at 1176 00:55:54,640 --> 00:55:57,920 Speaker 2: your free tractor. Absolute, it'd be good to come down 1177 00:55:57,960 --> 00:55:58,440 Speaker 2: and have a look at that. 1178 00:55:58,719 --> 00:56:00,640 Speaker 1: You know. I should have thought about that on because 1179 00:56:00,920 --> 00:56:02,319 Speaker 1: I was just quick in and out meeting. 1180 00:56:02,360 --> 00:56:05,080 Speaker 2: But I could have if I had got probably organized 1181 00:56:05,120 --> 00:56:07,239 Speaker 2: the probably could have come down and spent another half 1182 00:56:07,280 --> 00:56:09,759 Speaker 2: a day looking around the joint because I was you're 1183 00:56:09,760 --> 00:56:10,920 Speaker 2: not far from her butt. 1184 00:56:10,760 --> 00:56:12,360 Speaker 3: No, I look only about half an hour. And we 1185 00:56:12,480 --> 00:56:15,040 Speaker 3: love nothing more than you know, showing people the factory. 1186 00:56:15,120 --> 00:56:17,000 Speaker 1: So I love, I love know him and have a look. 1187 00:56:17,360 --> 00:56:19,600 Speaker 3: Well. The good thing about ours From the outside that 1188 00:56:19,680 --> 00:56:21,920 Speaker 3: original site they're at, it looks like a pretty basic 1189 00:56:22,000 --> 00:56:24,480 Speaker 3: building and then you go inside and it's kind of transformed. 1190 00:56:24,600 --> 00:56:25,319 Speaker 1: Get blown away. 1191 00:56:25,560 --> 00:56:28,240 Speaker 3: Yeah yeah, And just the team are beautiful and everyone's 1192 00:56:28,280 --> 00:56:30,600 Speaker 3: very friendly. And I think you'll you'll know straight away, 1193 00:56:30,680 --> 00:56:32,880 Speaker 3: you'll say this is a workplace that people are happy in, 1194 00:56:33,000 --> 00:56:34,160 Speaker 3: you know, Well, that makes it. 1195 00:56:34,200 --> 00:56:35,800 Speaker 2: I think that makes a big difference to the product, 1196 00:56:36,080 --> 00:56:37,840 Speaker 2: you know, and I think that's a good place for 1197 00:56:37,920 --> 00:56:38,520 Speaker 2: us to wrap. 1198 00:56:39,360 --> 00:56:41,600 Speaker 1: You know, it's it's for me. 1199 00:56:41,680 --> 00:56:44,280 Speaker 2: You're a relative to the young man, and this business 1200 00:56:44,360 --> 00:56:46,880 Speaker 2: is relatively speaking, young business, but you've actually been out 1201 00:56:46,920 --> 00:56:48,680 Speaker 2: of carve out a real corner of. 1202 00:56:48,719 --> 00:56:50,560 Speaker 1: It for yourself. You know you're doing a great job. 1203 00:56:50,880 --> 00:56:52,800 Speaker 2: I can say to anybody who's listening, I mean I 1204 00:56:52,960 --> 00:56:54,200 Speaker 2: use the products and I'm not here. 1205 00:56:55,160 --> 00:56:56,719 Speaker 1: Look, I will be straight up. 1206 00:56:56,760 --> 00:56:59,400 Speaker 2: We do have a commercial relationship, and particularly in RELATIONSIP 1207 00:56:59,400 --> 00:57:02,240 Speaker 2: Project one Hunter, but it suit's been a commercial relationship 1208 00:57:02,320 --> 00:57:05,040 Speaker 2: only with people that I understand that I know how 1209 00:57:05,080 --> 00:57:07,600 Speaker 2: the business works, and that I try their product and 1210 00:57:07,719 --> 00:57:08,640 Speaker 2: I read what's on the back of it. 1211 00:57:08,760 --> 00:57:10,600 Speaker 1: I read everything about these sorts of products. 1212 00:57:10,640 --> 00:57:12,120 Speaker 2: I mean, I might be asked some questions today, but 1213 00:57:12,520 --> 00:57:14,680 Speaker 2: that's something because that's how our podcast goes. He's got 1214 00:57:14,719 --> 00:57:16,240 Speaker 2: to do the answering. I've got to do the questioning. 1215 00:57:16,400 --> 00:57:18,760 Speaker 2: But I have read about these sort of things, their products. 1216 00:57:18,800 --> 00:57:20,840 Speaker 2: I know a lot about their products, and I think 1217 00:57:20,920 --> 00:57:23,480 Speaker 2: you've done a bloody great job. Seriously, a really great job. 1218 00:57:23,520 --> 00:57:23,960 Speaker 1: And your team. 1219 00:57:24,000 --> 00:57:26,800 Speaker 2: Obviously, success is always built up on the broad shoulders 1220 00:57:26,840 --> 00:57:29,600 Speaker 2: above us. They're really on one person. Even though one 1221 00:57:29,640 --> 00:57:31,959 Speaker 2: person can sort of stand up on top of everyone 1222 00:57:32,000 --> 00:57:34,400 Speaker 2: else's shoulders. But that's how it works. And you've done 1223 00:57:34,400 --> 00:57:36,720 Speaker 2: a great job. And I know, I actually want to 1224 00:57:36,720 --> 00:57:38,000 Speaker 2: come in and meet your team. Now you've got me 1225 00:57:38,120 --> 00:57:41,560 Speaker 2: sort of going. And then when it comes to longevity, mate, 1226 00:57:42,440 --> 00:57:45,040 Speaker 2: And if you've got some longevity thing that's you know, 1227 00:57:45,160 --> 00:57:47,120 Speaker 2: like everybody else in the world is talking about, and 1228 00:57:47,200 --> 00:57:49,400 Speaker 2: that it's and you've done the work. I don't have 1229 00:57:49,480 --> 00:57:51,360 Speaker 2: to do the research. You can do the research. You've 1230 00:57:51,360 --> 00:57:52,840 Speaker 2: got the people do the research. You can do that 1231 00:57:53,200 --> 00:57:56,880 Speaker 2: got the teams you can actually verify or quantify or qualify. 1232 00:57:57,880 --> 00:57:59,720 Speaker 2: Please let me know because I'd love to try these things. 1233 00:58:00,080 --> 00:58:02,280 Speaker 3: Yeah. Absolutely, And one thing I would say too is 1234 00:58:02,400 --> 00:58:04,120 Speaker 3: when we get you down the factory, you know, we'll 1235 00:58:04,160 --> 00:58:06,040 Speaker 3: get you involved in the taste testing and we'll get 1236 00:58:06,080 --> 00:58:08,800 Speaker 3: your fear that go through the ingredients. And that's always 1237 00:58:08,800 --> 00:58:10,400 Speaker 3: been a huge part of what we've done too. Like 1238 00:58:10,560 --> 00:58:13,920 Speaker 3: we use customers a lot when it comes to developing formulas. 1239 00:58:14,360 --> 00:58:16,520 Speaker 3: We're getting advice from them all the time. I mean, obviously, 1240 00:58:16,600 --> 00:58:18,720 Speaker 3: you know, the detail of the formulas is done by us, 1241 00:58:18,840 --> 00:58:21,800 Speaker 3: but we're really really collaborative with our customers too, because 1242 00:58:21,840 --> 00:58:23,720 Speaker 3: they're you know, they're kind of part of a business. 1243 00:58:23,720 --> 00:58:25,360 Speaker 3: And I think that even though we're in much larger 1244 00:58:25,400 --> 00:58:28,280 Speaker 3: business now, we still act like a smaller business in 1245 00:58:28,360 --> 00:58:30,720 Speaker 3: that way with that customer relationship, which is pretty cool. 1246 00:58:30,840 --> 00:58:33,040 Speaker 2: So I love the sound of that small business, small 1247 00:58:33,080 --> 00:58:36,200 Speaker 2: business acting like a big business. Yeah, I love it, 1248 00:58:36,800 --> 00:58:38,880 Speaker 2: you know, or a big business acting like a small 1249 00:58:38,880 --> 00:58:39,520 Speaker 2: business is better. 1250 00:58:39,880 --> 00:58:40,080 Speaker 3: Yeah. 1251 00:58:41,040 --> 00:58:43,160 Speaker 2: Congratulations building this from where you have to where it 1252 00:58:43,240 --> 00:58:45,600 Speaker 2: is made. Yeah, no worries in all this you've been yep. 1253 00:58:45,640 --> 00:58:47,200 Speaker 2: Thanks love for having me on, Thanks for coming off 1254 00:58:47,200 --> 00:58:48,360 Speaker 2: from I'll see it down there. 1255 00:59:00,440 --> 00:59:03,080 Speaker 3: Want me to do do do Do