{"podcast":{"title":"The Foundr Podcast with Nathan Chan","slug":"the-foundr-podcast-with-nathan-chan-974008","podcast_index_feed_id":974008,"rss_url":"https://feeds.megaphone.fm/YAP2464511803","website_url":"http://www.foundr.com","image_url":"https://megaphone.imgix.net/podcasts/a05eea46-5a0e-11ed-ad4d-7ba38e01bc89/image/ba743e807d05cc0b025845c0eaf7ee98.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Nathan Chan","episode_count":642,"summary":"Hear the stories, learn the proven methods, and accelerate your growth and future through entrepreneurship. Welcome to The Foundr Podcast with Nathan Chan. About the show: For over a decade, The Foundr Podcast with Nathan Chan has been a leading entrepreneurship podcast for open-book conversations with, by, and for founders. Whether you're starting, building, or dreaming about your business, The Foundr Podcast is where you can access experienced founders who've been in your shoes to learn their proven methods, lessons from failure, and inspirational stories. Past guests include Emma Grede, Mark Cuban, Neil Patel, Kendra Scott, Alex Hormozi, Trinny Woodall, Tim Ferriss, Sophia Amoruso, Simon Sinek, Tony Robbins, Amy Porterfield, Ed Mylett, Michelle Zatlyn, Reid Hoffman, Scooter Braun, Dany Garcia, Marc Lore, Ariana Huffington, Pat Flynn, Lewis Howes, Jordan Harbinger, and many more. About the host: Nathan Chan is the CEO of Foundr and the creator of The Foundr Podcast. Chan literally started from knowing nothing. He was just an average guy working in a 9-5 job he utterly hated. He knew nothing about entrepreneurship, nothing about startups, nothing about marketing, and nothing abou…","last_synced_at":"2026-07-23T02:19:36.248441+00:00","page_url":"https://stenobird.com/podcast/the-foundr-podcast-with-nathan-chan-974008"},"episode":{"title":"682: From $2M in Debt to a $250M Gum Company | Pur Gum","slug":"682-from-2m-in-debt-to-a-250m-gum-company-pur-gum","published_at":"2026-07-09T14:00:00+00:00","page_url":"https://stenobird.com/podcast/the-foundr-podcast-with-nathan-chan-974008/682-from-2m-in-debt-to-a-250m-gum-company-pur-gum","show_page_url":"https://stenobird.com/podcast/the-foundr-podcast-with-nathan-chan-974008","url":"https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/chrt.fm/track/5DA136/traffic.megaphone.fm/FMPL3399063339.mp3","audio_url":"https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/chrt.fm/track/5DA136/traffic.megaphone.fm/FMPL3399063339.mp3","summary":"Jay Klein lost $2 million on a gum nobody wanted. He sold the remaining stock to a pig feed company for $13,000 - then used every cent of it to launch Pur. Sixteen years later, Pur is the fastest-growing gum in North America, the #1 selling gum on Amazon, sells in over 50 countries, and does over $250 million in retail sales annually. All bootstrapped. All founder-owned. And built in a $20 billion industry controlled by fewer than ten giants who still haven't managed to take him out. In this interview, the founder of The Pur Company breaks down how he discovered his winning product insight for free at 30,000 feet, why he deliberately ignored Walmart and Tesco to win thousands of tiny independent stores first, and how he absorbed a brutal 39% tariff - without raising a dollar or passing a cent to his customers - and still grew 30% that year. What you'll learn in this interview: • How losing $2 million on his first gum brand rewired everything - and why getting back to zero was his greatest victory • The airplane focus group: how he discovered the aspartame insight for free that became the entire Pur thesis • Why he targeted independent health food stores instead of big retailers - and the \"major league attitude in a minor league setting\" strategy behind it • How he convinced his manufacturer to extend 30-day credit on a $250K first order with only $13K to his name • The \"assemble the crumbs to make the cookie\" philosophy: why Pur has never been built on a single big retail relationship • How duty free airports became his global expansion engine - and why he treated them like his version of New York City • Why he turned down the Dragon's Den deal even after it went through - and what he got out of it anyway • The 39% Swiss tariff crisis: how he absorbed the full hit rath…","meta_description":"Jay Klein lost $2 million on a gum nobody wanted. He sold the remaining stock to a pig feed company for $13,000 - then used every cent of it to launch Pur…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3537,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-foundr-podcast-with-nathan-chan-974008/episodes/682-from-2m-in-debt-to-a-250m-gum-company-pur-gum/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-foundr-podcast-with-nathan-chan-974008/682-from-2m-in-debt-to-a-250m-gum-company-pur-gum.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}