Episode #398: Reviving a 200-Year-Old Whisky Distillery with David Prior

David Prior is a lifelong entrepreneur. He founded Baroda Packaging, which was acquired in 2007, before turning his eye to yoghurt, with Five:AM Organics, which after just three years in the market was acquired for $80 million. A year later, in 2015, David proceeded to invest half of his net worth into the acquisition of Bladnoch Distillery, a 200 year old whisky distillery in the Scottish lowlands that was in administration; destitute and downtrodden, having not produced any Scotch Whisky for almost a decade. David saw an opportunity to bring life back, not only to the distillery, but to the people of Bladnoch; after the purchase, he returned jobs to everyone who had lost them and was dedicated to restoring value to the community's history and heritage, empowering them for a successful future. This was a fascinating conversation that unpacked some of David’s business philosophies. We unpacked: 1 - why your business doesn’t necessarily need a unique value proposition to be successful 2 - why David decided to pour all of his money into Bladnoch and a non-for-profit foundation, instead of sailing into the sunset 3 - how David regulates stress 4 - what it takes to build a successful FMCG business We covered this, and more, so strap yourself in for my conversation with David Prior. Show Notes: Bladnoch.com Priorfoundation.org  https://www.facebook.com/bladnochwhisky/ https://www.instagram.com/bladnochwhisky/ https://www.youtube.com/channel/UCVqyvNS5DZQG-3m8ZcBVeVA https://www.linkedin.com/company/bladnoch-distillery/ https://twitter.com/bladnochwhisky --- www.nofilter.media GET COACHED BY LUCAS: https://www.ergogenic.health/product/coaching GET LUCAS TO DESIGN YOUR SUPPLEMENT PROTOCOL: https://www.ergogenic.health/product/custom-stack --- Sponsored By: Future Squared listeners can get 20% off and free shipping on all Manscaped products at MANSCAPED.COM, with code FUTURESQUARED. That’s 20% off at MANSCAPED.COM with code, FUTURESQUARED. Hosted on Acast. See acast.com/privacy for more information.

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Future Squared, hosted by Steve Glaveski, brings you conversations with icons from across different fields to help you make better decisions, kick goals in your professional and personal life and better navigate a fast-changing and uncertain world. Learn from luminaries like Tyler Cowen, Jason Calacanis, Brad Feld, Seth Godin, Gretchen Rubin, Annie Duke, Kevin Kelly, Scott Belsky, Neil Patel, Adam Grant, Nir Eyal, Oliver Burkeman, Brad Feld, Steve Blank, and so many others. Find out more: https://www.futuresquared.xyzSpotify: https://open.spotify.com/show/5LH1aSj8WQYWnYQdn9AmuW?si=c48263a4f73340fc Apple Podcasts: https://podcasts.apple.com/au/podcast/future-squared-with-steve-glaveski/id1087213640Twitter: https://www.twitter.com/steveglaveskiInstagram: https://www.instagram.com/thesteveglaveskiYouTube: https://www.youtube.com/channel/UC63t7PVnhh6YaS1OSzELGng Hosted on Acast. See acast.com/privacy for more information.