How Much is My Company Run Gum Worth After 7 Years?

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  • čas přidán 9. 09. 2024

Komentáře • 90

  • @NickSymmondsToo
    @NickSymmondsToo  Před 2 lety +22

    Appreciate all the support over the years! Use code NICK20 for 20% off your order at RunGum.com

  • @Thomas-fk3cw
    @Thomas-fk3cw Před 2 lety +60

    So refreshing to have someone on YT be so transparent and just straightshoot. Really interesting video and rooting for your company to continue to grow!

  • @ipoddish
    @ipoddish Před 2 lety +67

    How did you go about finding a manufacturer and communicating what you wanted? Also for the boxes and packaging, how did you find those people to complete your orders? That’s the part of a business I have never know how to do and I would really love to know the process there.

  • @laurainthehaute918
    @laurainthehaute918 Před 2 lety +5

    Nick, I’m one of your first RunGum subscribers. Still getting that box every month. Went from mint to cinnamon and now it’s wintergreen and spearmint, because more is more! You’ve taken me through 23 marathons and loads of other races, not to mention 700-mile solo car trips. Thanks, Founder!

  • @Munthegun
    @Munthegun Před 2 lety +10

    Nick man I’ve got to admit, I respect the hell out of you for always being so real and transparent. Only makes me want to a fan even more. Major props to your journeys and sucess

  • @paulvanraamsdonk6300
    @paulvanraamsdonk6300 Před 2 lety +6

    Big revelation: Like run gum but in energy drink form?

  • @KAyLA_K
    @KAyLA_K Před 2 lety +6

    Awesome!! Love how open you are about it!! It’s so cool to learn about how people get started with their business and how it’s going right now. Thanks for sharing!!😊

  • @Athleticramirez
    @Athleticramirez Před 2 lety +1

    THIS VIDEO motivated me to start making calls for an endurance product I've had brewing for 3yrs.

  • @Carternc8
    @Carternc8 Před 2 lety +5

    Love this stuff!

  • @trancemaster5009
    @trancemaster5009 Před 2 lety

    Nick, All the success your company gets is so well deserved! Let´s get this product Global asap!

  • @all-caps3927
    @all-caps3927 Před 2 lety +2

    Great video Nick, it’s really inspiring to see how far rungum has come. I would love to see a video about how took your idea to the next level, finding manufacturers, profit calculations etc. I’m sure it will help many others out there!

  • @yodamaster757
    @yodamaster757 Před 2 lety

    Loved hearing about the beginning of a small business like run gum! Love it and congratulations! The little story behind it was awesome too!

  • @OF4Feet
    @OF4Feet Před 2 lety +3

    The 2nd most popular comment: "Where has fan favorite Evan been?" 💪💯

  • @postedbyneal
    @postedbyneal Před 2 lety +1

    Surprised there's no thread trying to guess the announcement!
    My guesses:
    Starting a track team
    Announcing 2-4 sponsored athletes
    Announcing collab with other running sites or CZcamsrs
    Something 'boring' like new flavours.

  • @orcazfn1279
    @orcazfn1279 Před 2 lety +1

    His announcement is about a new energy drink that has no caffeine and is basically just liquid gum

  • @Stigmah
    @Stigmah Před 2 lety +29

    Nick I have a question. So I know you say the guy on the outside shoulder of the leader controls the race. But since this puts me in the outside of lane 1 I have to run longer. I know this works good for an 800 or 1600 but is 3200 too long for this strategy because you have to run longer?

    • @johnmckenna3224
      @johnmckenna3224 Před 2 lety +11

      For a longer race, you really don’t need to worry about this until 300-200m left

    • @Andrewk19837
      @Andrewk19837 Před 2 lety +13

      For longer races you can sit behind and then pull up on the leaders shoulder once the finish line gets closer.

    • @thomasschilling3024
      @thomasschilling3024 Před 2 lety +1

      nah bc it may only add a couple feet each lap so it’s not a noticeable difference

    • @nick5422
      @nick5422 Před 2 lety +2

      You can just tuck in during the 3200, but like the other guy said it’s not a huge difference

    • @tylerstogsdill
      @tylerstogsdill Před 2 lety +4

      I’m pretty sure it’s either 4 or 8 meters per lap you add on being in lane 2. In the 3200 it’s definitely a significant amount. Sit on the rail in 2nd or even 3rd until you see an opening within the last few laps. If someone makes a move though, make sure you aren’t too boxed to go with.

  • @daveconvoy5793
    @daveconvoy5793 Před 2 lety

    Respect to you Nick for taking the risk and making it pay off. Oh, and for the great videos too

  • @Zawazuki
    @Zawazuki Před 2 lety

    Love this second channel, Nick!

  • @JCJeffrey
    @JCJeffrey Před 2 lety +12

    Hey Nick,
    My wife loves the gum, but due to her TMJ, she can't really chew. Do you have it in like a cough drop form?

    • @Erhnam_Djinn
      @Erhnam_Djinn Před 2 lety +1

      Just go with an energy drink lol. Coming back full circle.

  • @williambaird24
    @williambaird24 Před 2 lety

    I started buying run gum in 2021 and I really like it! It's a very good product 👌

  • @nolanventi5057
    @nolanventi5057 Před 2 lety +2

    What on earth is the announcement I so exited

  • @soglod4572
    @soglod4572 Před 2 lety

    I live in western New York and I am yet to have ever seen run gum in any store

  • @randomwithtitan973
    @randomwithtitan973 Před 2 lety

    Great video Nick I was wondering about this.

  • @newchannel7102
    @newchannel7102 Před 2 lety +3

    Nick you should go on shark tank

  • @joshpinchuk7061
    @joshpinchuk7061 Před 2 lety +8

    Josh Pinchuk? Don't respond to THAT doofus.

  • @charlotteg8293
    @charlotteg8293 Před 2 lety

    Nick is evidence of hard work paying off

    • @itskelvinn
      @itskelvinn Před 2 lety +1

      Example, not evidence, but yes

  • @Florence0
    @Florence0 Před 2 lety

    Nick please come to England and do your challenges and races!Plus keep up the good content

  • @ericdurak4918
    @ericdurak4918 Před 2 lety

    Excellent video. Been following your career - and your generosity for a while. The idea is a great one. I would say that if you did an EBIDTA you may be worth 3X that figure today. Post this next year. Planning on selling the company once you get to an agreed upon figure??

  • @nikeswoosh7575
    @nikeswoosh7575 Před 2 lety +2

    Was hoping to hear if it was profitable…. 👂🏻

  • @pds-fl9gy
    @pds-fl9gy Před 2 lety

    Nick, you said the bit about a manufacturing company saying they could make the product for you, but could you talk about developing the formula for run gum (i.e. coke's secret formula supposedly being locked in a vault) did your background in biochemistry help? Is this another step in this business paying someone to develop the formula?

  • @maxattackgaming
    @maxattackgaming Před 2 lety

    "May SHAKE things up." I see what you did there.

  • @jfer721
    @jfer721 Před 2 lety +2

    Calculate a discount rate appropriate for run gum, forecast your cash flows, then discount them for your new valuation

  • @Swqim
    @Swqim Před 2 lety +1

    Will you ever go public with the company.

  • @charlesbromberick4247
    @charlesbromberick4247 Před 2 lety

    You and Donald-the-Duper - peas in a pod.

  • @jonaskoturenka6681
    @jonaskoturenka6681 Před 2 lety +1

    When are you going international with run gun? I wanna buy it here in Germany

  • @nathanieleskelson9280
    @nathanieleskelson9280 Před 2 lety +2

    I ran a 400m PR today of 57.1 seconds using RUNGUM!!

  • @igloozoo3771
    @igloozoo3771 Před 2 lety

    Nick looks fit in his Run Gum clothes.

  • @georgemuellertrickshots6249

    Hey Nick, in an 800 race, is it better to run on the inside rail, or be on the leaders shoulder in lane 2? What I am asking is how long are you making your race if you run in lane 2?

    • @luke_222
      @luke_222 Před 2 lety

      It's like 2 meters long or something

    • @diegoramos3115
      @diegoramos3115 Před 2 lety +3

      It’s really not to big of a difference, and the worst spot to be in a race is on the rail, especially if you’re boxed. My coach always tells this story of our best 800 runner at state. The race was packed for so long that he ran all the way in lane 3 until 200 left, and he still won and ran 1:52.

  • @bryanblenolds2038
    @bryanblenolds2038 Před 2 lety

    You should make an extra strength run gum

  • @bendtondover
    @bendtondover Před 2 lety +1

    Are you ever going to take your company public?

  • @suezucchini4481
    @suezucchini4481 Před 2 lety

    4:18 for answer to the name of the video

  • @iamanniboy
    @iamanniboy Před 2 lety

    sheeeeesh! 8.5 million!

  • @bvreid18
    @bvreid18 Před 2 lety

    What are your thoughts on stimulants being ingested to enhance your performance even if they’re considered low level stimulants?

  • @tysonusher2274
    @tysonusher2274 Před 2 lety

    When is rungum coming to Australia

  • @thehumanspider7
    @thehumanspider7 Před 2 lety

    What’s the new revelation? Run Gum in Run form?

  • @Anarchy27
    @Anarchy27 Před 2 lety +1

    What is your net worth?

  • @leorunsoregon2082
    @leorunsoregon2082 Před 2 lety

    It’s gonna go public

  • @nolanventi5057
    @nolanventi5057 Před 2 lety +1

    Really interesting

  • @murbal7679
    @murbal7679 Před 2 lety

    I bet the announcement is, that Run Gum is coming to europe 👀

  • @neilianparker6487
    @neilianparker6487 Před 2 lety

    Are you launching in Europe or more specifically the UK? We want Run Gum here 🏴󠁧󠁢󠁥󠁮󠁧󠁿

  • @moto-_-moto
    @moto-_-moto Před 2 lety +1

    Need a new box

  • @Eli_Wagner
    @Eli_Wagner Před 2 lety

    Is it possible that you could add flavor to Run Gum?

  • @iamanniboy
    @iamanniboy Před 2 lety

    has anyone here tried rungum? How does it taste? how much does it help u?

  • @ericandjandahle9017
    @ericandjandahle9017 Před 2 lety

    Hey Nick, I'm a long time follower, amateur 5k,10k,HM, & Marathon runner (soon to be Ultra runner) but living in Canada I cant find your Run Gum products anywhere... Do you have any Canadian suppliers? Trying to get something across the Canada-USA boarder costs so much in duty

  • @CornyDookie
    @CornyDookie Před 2 lety

    Why didn’t you mention that you crowdsourced on Kickstarter?

  • @masonrosales5496
    @masonrosales5496 Před 2 lety

    Nick, have you thought of making a pro running team?

  • @YP2016
    @YP2016 Před 2 lety +1

    My guess is that Run Gum is going public.

    • @Exachad
      @Exachad Před 2 lety +1

      Too early for that, imo. Would be more profitable for him to wait first.

  • @Fireman-cz5lf
    @Fireman-cz5lf Před 2 lety +1

    If you do not mind can you please send me so run gum if not it is s fine

  • @ryanw5569
    @ryanw5569 Před 2 lety

    How did the logo for Run Gum come about (what’s its meaning)?

  • @michaelyoung6837
    @michaelyoung6837 Před 2 lety

    I'm guessing you are putting out an ipo

  • @robertbellamy7866
    @robertbellamy7866 Před 2 lety

    I am pretty sure Oviedo High school makes up half of run gums profit

  • @esotericpig
    @esotericpig Před 2 lety

    Even though you don't own the company, if you ever got fired (not left on your own), I'd probably stop buying Run Gum 😂

  • @josephdavenport2185
    @josephdavenport2185 Před 2 lety +1

    If your looking for more race recaps
    czcams.com/video/K_TbC4GPQkM/video.html
    I was red with white head band
    Second place by .01 hundredth of a second, time was 16:20.5

  • @ianweaver534
    @ianweaver534 Před 2 lety

    Have you thought about going on Shark Tank? 😀

  • @jasminegeorgariou3606
    @jasminegeorgariou3606 Před 2 lety +1

    i love you

  • @iamanniboy
    @iamanniboy Před 2 lety

    u shd go on shark tank!

  • @Humannn8ss8
    @Humannn8ss8 Před 2 lety

    What’s the gross profit and mark-up like?

  • @alexp8931
    @alexp8931 Před 2 lety

    How have you managed to underdose the product on caffeine. Loads of energy drinks have loads of other ingredients with tiny doeses just so they can put it on the label but they at least put enough caffeine in. Nearly all caffeine and sport related research is based on 3 to 6mg per kg of body weight, so unless you weigh 30kg this isn't enough caffeine to be properly beneficial, unless you having multiple packs.

  • @nick5422
    @nick5422 Před 2 lety +1

    Rungum IPO incoming?

    • @Humannn8ss8
      @Humannn8ss8 Před 2 lety

      Epo?

    • @nick5422
      @nick5422 Před 2 lety +1

      @@Humannn8ss8 initial public offering

    • @Humannn8ss8
      @Humannn8ss8 Před 2 lety

      @@nick5422 ok thanks for clearing that up. wait but actually epo in gun form. Can that be done?

    • @nick5422
      @nick5422 Před 2 lety

      @@Humannn8ss8 I don’t know tbh😂😂😂 I’d be afraid to try it

  • @dontworryabit9128
    @dontworryabit9128 Před 2 lety

    dude ur gum is way overpriced 😂😂 not a chance in h3II i’m buying it. nice try