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

57:32
 
Share
 

Manage episode 275632498 series 1531230
By Collective Campus and Steve Glaveski. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

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:

  1. Bladnoch.com
  2. Priorfoundation.org
  3. https://www.facebook.com/bladnochwhisky/
  4. https://www.instagram.com/bladnochwhisky/
  5. https://www.youtube.com/channel/UCVqyvNS5DZQG-3m8ZcBVeVA
  6. https://www.linkedin.com/company/bladnoch-distillery/
  7. https://twitter.com/bladnochwhisky

---

www.nofilter.media

---

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.

429 episodes