Business Breakdowns
Episode 197 Filterbuy: Fresh Air
Business Breakdowns

Episode 197: Filterbuy: Fresh Air

Business Breakdowns

Episode 197

Filterbuy: Fresh Air

David Heacock is the Founder and CEO of Filterbuy. We cover the challenges of setting up a manufacturing process from scratch, the importance of a founder getting their hands dirty, and the economics of a direct-to-consumer model versus third-party logistics.

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Show Notes:

(00:00:00) Welcome to Business Breakdowns

(00:04:52) Meet David Heacock: From Goldman Sachs to Filterbuy

(00:06:36) The Journey of Entrepreneurship

(00:12:27) The Economics of Air Filters

(00:18:15) Challenges in Manufacturing

(00:23:25) Building a Team and Scaling Up

(00:26:51) Logistics and Cost Efficiency

(00:30:23) Challenges with FBA Fees

(00:31:43) Sales and Competitive Dynamics

(00:32:04) Residential vs. Commercial Air Filtration

(00:33:16) Retail Strategy and Market Expansion

(00:37:22) Building a Brand and Logistics

(00:38:09) Importance of Delivery Speed

(00:39:29) Navigating Big Box Retailers

(00:42:50) Vision for the Future

(00:48:00) Lessons Learned and Key Takeaways

Filterbuy: Fresh Air

Introduction

Matt
This is Matt Reustle, and today we are breaking down Filterbuy. From time to time, I come across a compelling founder that is willing to cover everything about their business, and David Heacock, founder of Filterbuy, is exactly that. So we covered the wide spectrum here. We got into the psychology of David going from Goldman options trader to starting an air filter business in Alabama just over 10 years ago and growing that business into something that generates over 250 million in revenue as of today 2024.

We got into the economics of air filters like we like to do, and David shares this great story about how he found this specific market and what makes it so unique to something like ink cartridges, which he was also looking at at that time. We cover various business considerations like manufacturing location, how you handle logistics, direct to consumer versus Big Box. It's really hard not to be inspired after listening to David.

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