In this episode, I sit down with Bill Shufelt, co-founder and CEO of Athletic Brewing, to discuss his journey from Wall Street to redefining non-alcoholic beer. Athletic Brewing has grown from an idea to a $800M valuation, disrupting an industry and carving out a new market in craft brewing.
We talk about:
- The bold decision to leave a lucrative hedge fund career for entrepreneurship.
- The science and innovation behind brewing non-alcoholic beer.
- Overcoming early rejection and building a loyal community.
- Lessons on scaling, fundraising, and maintaining a strong company culture.
Bill’s story is an inspiring testament to taking calculated risks and staying true to a mission. Whether you're an entrepreneur, craft beer enthusiast, or just curious about the non-alcoholic beverage revolution, this episode has something for you.
Tune in to hear how Athletic Brewing is making waves while staying grounded in community impact.
CHAPTERS
00:00 Intro
01:32 Leaving Wall Street
02:12 Discovering the Need for Non-Alcoholic Beer
07:28 The Importance of a Strong Support System
10:30 Quitting a Stable Job
15:09 Finding the Right Co-Founder: John Walker
19:11 Launching the First Product
23:55 Crafting Company Culture
26:14 Working With the Right People
27:50 Meeting Investors
31:40 Launching, E-Commerce and Retail Distribution
33:02 The Keys to Building Community
36:40 Sober October, Dry January, Market Timing