Homepage / Technology / Kobe Bryant wants to be No. 1 again, this time in business
1win Casino Resmi Site, Bahis Ofisi, Slotlar, Oyun Makineler Игры В Онлайн Казино Бесплатно и Без Регистраци Игры В Онлайн Казино Бесплатно и Без Регистраци 1xbet Обзор 2024 ️ Отзывы Игроков И Рейтинг Эксперто Online Casino Games Play Now And Win Bi Glory On Line Casino Android Ve Ios Cihazlar Için Mobil Uygulamayı Ücretsiz Indiri Türkiyede Fame Casino Giriş Çevrimiçi Slot Ve Diğer Oyunları Oynay Mostbet İncelemesi 2024 » Spor Bahisleri, Giriş & Oyunla Başkanın ilk icraatı işçi kıyımı olmuştur! 719 7slots kumarhane 90 Business Online Solutions What Is a Board Analysis? The Importance of Planning and Programs Development How Board Governance Software Improves Meetings and Governance How to Craft a Successful Board Meeting Reminder Benefits of a Virtual Data Room for Bankruptcy VDR Example for Business Hong Kong ユースカジノの登録方法を初心者にも分かりやすく図解入りで解説 チェリカジ 5 Как быстро пополнить счет в Казино Х в любой валюте Официальный сайт Up X казино и мгновенные игры Paşa Casino Mobil Uygulama 2025 Giriş Üyelik Bonusu Freespin No Deposit Bonus Casino Free Spins In New Zealand What Are The Best Online Casinos For Real Money Pokies And Bonuses In Australia Дэдди Казино официальный сайт Джойказино: информация про официальный сайт Glory Casino giriş için buraya tıkla ve Türkiyede en popüler casino kullanıcısı ol Les Gambling establishments en Ligne en France 2024 200% Reward + 300 Free Rotates LevelUp Internet casino Melbourne En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi En İyi ve Güvenilir Casino Siteleri Canlı Casino Siteleri 2023 Listesi Le meilleur casino en ligne franзais Extra Casino avec le dйpфt minimal le in addition bas Yeni Casino Siteleri ᐈ Çevrimiçi Kumarhaneler Mart 2024 Les gambling establishments en ligne proposent une grande variйtй de jeux de internet casino gratuits. Türkiye’deki Resmi Web Sitesi Google Play, Türkiye’de kumar oyunlarına izin verecek Her Gün Tatil Olsa ORDU’DA PAZARTESİ GÜNÜ FINDIK FİYATI NASIL? كازينو اون لاين الكازينوهات الممتازة على الإنترنت ألعاب الكازينو المباشرة مينا كازينو العر Google Play, Türkiye’de kumar oyunlarına izin verecek Domain Sorgulama & Domain Fýrsatlarý Canlı Casino Siteleri: 2024 Güvenilir Siteler Seçilmiştir Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın Golden Easter Slot İncelemesi 2024, Demoyu Ücretsiz Oynayın 1xbet Türkiye Giriş Empieza Kayıt 202 Kumar Ve Kumarhaneler Hakkında Pek İlginç 21 Bilgi Kumarhane Doğru Yazımı Nedir? Tdk Ile Kumarhane Kelimesinin Doğru Yazılışı! Mobilbahiste En İyi Kumar Bonusları Ve Kazançlar Mobilbahis Giriş Sayfası On Line Casino Siteleri En Iyi Casino Siteleri 2024 Mostbet: Türkiye’de Internet Casino Mostbet Online Slotlar Ve Canlı-casin Pin Up Casino Oyna Türkiye, Pinup’un Sah Web Sites Ifade Haberleri Son Dakika Ifade Hakkında Güncel Haber Ve Bilgiler “önceliğimiz Transferin Önünü Açmak, Görüştüğümüz Yerler Var” On Line Casino Nuh’un Gemisi Deluxe Resort & Spa, Kıbrıs The Benefits of Document Management Bonus Veren Siteler 3 000 Den Fazla Online Oyunu Ücretsiz Oyna En Tehlikeli Kumar Oyunu Ekşi Sözlük Deneme Bonusu Veren Siteler Deneme Bonusu 2024 Explore the Magic of WildCardCity Güvenilir Bahis Siteleri En İyi Kumar Siteleri Balıkesir Triatlonuna Avrupadan Ödül Tricks of the Aviator gambling establishment game by Spribe Çevrim Içi Kumar Siteleri “bonus” Yalanıyla Kandırıyor En Güvenilir Canlı On Line Casino Siteleri Xbetting-tips Com Uncovering the Abundant Tapestry of Ozwin Gambling establishment Evaluating Board Portal Providers Uncovering the Wealthy Tapestry of Ozwin On line casino Electronic Data Area Providers Evaluation Cobra Internet casino: Raising the Australian On the internet Video gaming Practical experience 4 Things to Search for in Safeguarded Cloud Safe-keeping Fastpay On line casino Australia – Simple and No-Taxation Wagering Web page officielle franзaise de Joka Gambling establishment The Software Development Universe Game Woo Internet casino – Enjoy Slot machine games around australia Ostdeutsche Biersorten What Are Virtual Data Rooms? Vitamin D Receptor Polymorphisms Revue du Casino BlackLabel Faktory, kterй ovlivnujн hodnocenн ceskэch online kasin How to Make the Most of Your Web Development Organization and Advertising Efforts L’essor des casinos en ligne en France Boost Meeting Efficiency With Boardroom Technology Developments WildJoker Casino WildCardCity On line casino – Guaranteed Australian Gambling Portal New Post WildCardCity Casino – The Ideal On the internet Gambling establishment within australia Modern Technologies Produce Sharing Documents Online Faster and More Protect Free Virtual Info Room pertaining to Speedy Due Diligence A Review of Data Area Software For people who do buiness Five Board Bedroom Features Which will help You Acquire a More Productive Boardroom Electronic Systems To your Business Understanding Legal Terms and Laws in Today’s World The Laws and Contracts of Hollywood: A Sunset Blvd. Tale Legal Discussion Between Johnny Cash and Antonin Scalia Legal Insights: What Teens Should Know Legal Issues and Exceptions: What You Need to Know Legal Insights and Expert Analysis Celebrity Dialogue: Legal Matters in the 21st Century Famous Personalities Discuss Legal Issues

Technology

Kobe Bryant wants to be No. 1 again, this time in business

Kobe Bryant hung up his basketball shoes with the goal of conquering the business world the same way he dominated the hardwood.

One key part of that plan resides in a small but rapidly growing sports drink company called BodyArmor. Bryant invested and began working tirelessly to turn the brand into a competitor for industry titans Pepsi‘s Gatorade and Coca-Cola‘s Powerade.

The company has set an ambitious goal of being the number one sports drink by the year 2025.

CNBC got behind-the-scenes access with Bryant while he met with CEOs of convenience stores and touted his product at NACS Show 2017, a retail trade show.

Five years ago, Bryant met Mike Repole, the Queens native credited with the creation of VitaminWater and SmartWater, billion-dollar drink brands that Coca-Cola purchased in 2007.

Repole said the last thing he wanted to do was get back into the beverage industry but in Bryant he saw a huge opportunity that he couldn’t pass up.

“I watched sports evolve from equipment to training to uniforms, and the same sport drink from 1965 is still the drink that people are going to,” Repole said. “We created a better-for-you sports drink — natural ingredients, potassium-packed electrolytes, coconut water, vitamins.”

Bryant and Repole’s relationship evolved, and after the basketball star tore his Achilles tendon, Bryant knew he needed to think beyond basketball. He had been an endorser of Coca-Cola for many years, but the idea of starting a company from the ground up was just the challenge he wanted.

“The best way for me to learn is to actually jump into something,” said Bryant, who wrote a seven-figure check to become the company’s third largest investor.

“I told him you could lose all your money,” said Repole.

While much has been made of “super teams” in the NBA, Bryant joined what he thought would be a super team, combining the business prowess of a beverage icon with the logistics and massive distribution of a well-established brand. Dr. Pepper/Snapple group has invested more than $26 million into BodyArmor, making it the second largest investor behind Repole.

Today, BodyArmor is nationally distributed, available in convenience stores, grocery chains and sports clubs. Revenues are on track to hit $200 million this year. The company says it saw 110 percent year-over-year growth in convenience stores.

Just this month, UFC signed BodyArmor as the league’s official sports drink.

Still, despite the growth, BodyArmor is dwarfed by Gatorade and Powerade in the $6 billion category. According to Nielsen, Gatorade has a 78 percent share of the market, while Powerade has 19 percent. BodyArmor sits at a 3 percent share.

But Pepsi’s sales are slowing. In its latest earnings call, the Purchase, New York, company blamed weak convenience store traffic and weather for disappointing sales.

“We had the same weather they had. It didn’t seem to affect us,” Repole added.

Analysts are also bullish.

“Given the scale, marketing muscle, and distribution strength of the incumbents (i.e., PepsiCo and Coke), BodyArmor’s success in the sports drink industry has certainly been impressive,” said Kevin Grundy, an analyst at Jefferies.

While many athletes finish their careers and become pitchmen, Bryant is more than that. From securing sponsorship deals with international soccer tournaments to being creative director on BodyArmor’s advertising campaign, he is involved in nearly ever facet large and small of the company.

“Right from the beginning, it was always about being a partners and less about being an endorser,” said Repole. He described Bryant as a meticulous and obsessive business partner, just like he was on the basketball court.

“When you talk about obsession, I mean between us, we don’t sleep. Our best conversations are like 2:30, 3 in the morning that go on for hours,” he added.

Bryant may have a leg up in the business world as basketball has opened many doors for him and allowed him unique access to some of the top CEOs in the world.

The former MVP says he’s taken every opportunity to get advice from some of the greats from Nike’s Mark Parker to Tesla’s Elon Musk to Apple’s Tim Cook and Jony Ive.

“I speak to Mark quite often. He’s really been hands on, I’ve asked him a lot of questions about leadership…I’ve been very fortunate to have access to these people…to be able to pick up the phone and ask for advice,” Kobe said.

“We know there is a process to get there and there’s a long-term vision,” Repole said.

They’ve got an all-star lineup of endorsers including James Harden, Dustin Johnson, and Dez Bryant. Now they need to find more consumers.

Source: Tech CNBC
Kobe Bryant wants to be No. 1 again, this time in business

Comments are closed.