While the kombucha industry has been enjoying wholesome success in the West since the 1990s, Asian startups have just started banking on the Chinese-origin ancient drink
Steven Kehler keeps his “big momma” in the storeroom. The momma in question is a hunk of gelatinous and, well, rather gross-looking bacteria and yeast floating atop a vat of regular tea that will soon turn it into kombucha, a drink which is alive, probiotic, good for gut health and touted as a tonic for digestion, hair loss, even cancer. Kehler started brewing the effervescent and mildly alcoholic beverage after first tasting it at a local restaurant in Vietnam’s Ho Chi Minh City. “When we (wife and him) were introduced to kombucha, we instantly inquired about making it ourselves,” says the Calgary born, who came to Vietnam, along with his wife, seven years ago to adopt a child and made the “beautiful” Ho Chi Minh City home.
Two years later, in April 2017, Kehler turned his hobby of making kombucha at home for friends and family into a startup, Steve’s!, with an investment of US$20. The brand has since grown to include six flavors, including hibiscus rosehip, passion fruit, green tea and ginger lime, with a monthly sale of 500 bottles via Facebook, website and phone. His 300ml bottle costs 50,000 VND ($2.25 USD); 500 ml, 80,000 VND ($3.75 USD); and one litre 150,000 VND ($7.00 USD). “It’s still a small business but I never had to add any additional cash, it has been self growing,” says Kehler, adding 80 per cent of his customers are foreigners. “Most of these people have tasted it in the West. They understand the importance of a health drink like kombucha.”
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How To Ask Family For Money
Your friends-and-family fundraising round doesn't have to be scary and awkward. Here's advice from one of the world's leading investors.
Data Breach Drama: When Trust Turns Costly In A Digital Age
Amid data breaches surges, Indian businesses are prone to financial and reputational fallout. Can cyber insurance emerge as a safeguard?
THE TERRAIN TAMER
Spearheading a California-based, Series D SaaS company is no easy feat. It requires a blend of ownership, innovation, and the ability to handle stress. But Anand Jain, co-founder and chief product officer of Clever Tap, finds his calm by escaping to rough terrain whenever he gets the chance-be it India or Colombia.
THE INTELLIGENT READS
Hardika Shah founded Kinara Capital in 2011 with the mission to address the acute credit gap in the micro-small-medium-enterprises (MSME) sector in India, by providing fast and flexible business capital to small business entrepreneurs. Despite operating in highly competitive and tough market of collateral free loans, Kinara Capital has been steadily growing in Hardika's leadership. In conversation with Entrepreneur, Hardika shares insights on her favourite books.
THE CURSE OF GROWING TOO FAST
FAIRE is a platform for small businesses, but it grew big the wrong way-almost becoming a $12 billion wreck. Here's how it fixed the problem, and why you should think twice before skyrocketing.
There's No Perfect Answer
I worked the same job for 19 years. I hated it, but it paid the bills. Then, in 2017, I entertained an exciting but terrifying question: Could I be an entrepreneur? I wasn't sure, so I needed something that felt like a guarantee. I searched for signs that would feel like a big, clear \"yes!\"
Give Yourself the Gift of Time
Happy holidays! Emmy Award-winning tech expert Mario Armstrong has five recs to get more hours in the day.
How to Become a Main Street Millionaire
It started when I bought one little laundromat. Now I have a whole portfolio of small local businesses that bring in tens of millions in revenue a year. Here's why following my playbook could be your ticket to financial freedom-and saving America's local small businesses.
Want to Better Serve Your Clients? Become Them.
As a designer for brands, starting my own product company gave me a dose of humility-and it changed the way I relate to clients.
How to Succeed With Gen Z Workers
People often say that younger employees are different. But are they? We asked six business leaders what they've learned, and how their teams thrive.