- Money Making Story
- Posts
- How Two Entrepreneurs Took on Pepsi & Coca-Cola—and Won
How Two Entrepreneurs Took on Pepsi & Coca-Cola—and Won
How Ben and David turned a struggling probiotic soda into Olipop, a $200M success story.
Welcome to Money Making Story,

Today, we’re thrilled to share the story of Ben and David, who turned a $100K investment into Olipop, a prebiotic soda, a $200M soda empire.
In this discussion, we’ll discuss his:
Top Advice
Meet the Founders Behind Olipop
The Foundation of Olipop’s Success
From Gut Health Enthusiast to Beverage Entrepreneur
AI Tools for Interview Preparations
The $100,000 Mistake That Led to Olipop
The Birth of Olipop: A Two-Year Journey
Getting Olipop on Store Shelves: A Hustler’s Approach
Olipop’s Explosive Growth: From $8.6M to $200M
Going Viral: Social Media and Celebrity Investors
Competing with Pepsi & Coca-Cola
The Road to $1 Billion
Lessons for Aspiring Entrepreneurs
A Story Worth Reading
Top Advice:
"The success we're having now is really built on the mistakes we've made in the past."
Learn AI in 5 minutes a day
This is the easiest way for a busy person wanting to learn AI in as little time as possible:
Sign up for The Rundown AI newsletter
They send you 5-minute email updates on the latest AI news and how to use it
You learn how to become 2x more productive by leveraging AI
In the ever-evolving beverage industry, a unique prebiotic soda brand has managed to carve out a significant niche for itself. Olipop, co-founded by Ben Goodwin and David Lester, is a health-conscious alternative to traditional sodas. With a mission to create a drink that is both delicious and beneficial for gut health, the duo set out on a journey that turned their $100,000 investment into a multi-million-dollar enterprise.
Meet the Founders Behind Olipop
For over a decade, Ben Goodwin and David Lester had one mission: create a soda that was delicious, gut-healthy, full of fiber, and low in sugar.
The catch? It had to taste just as good as classic sodas.
In 2018, they launched Olipop, a prebiotic soda packed with plant-based ingredients designed to support digestive and gut health.
Fast forward to today, and Olipop has gone from a small launch in 40 grocery stores to $200 million in projected 2023 sales, shaking up the soda industry alongside giants like Coca-Cola and Pepsi.
The Foundation of Olipop’s Success
Olipop’s explosive growth is built on three key pillars:
Identifying a Market Gap – Gut health was an emerging trend, but no one had cracked the code on making a healthy soda that actually tasted good.
Trial and Error – Ben and David failed with their first soda brand, learned from their mistakes, and came back stronger.
Branding & Distribution Strategy – They created a familiar, nostalgic product with a modern, health-conscious twist and aggressively expanded into national retailers.
"I think we both reflected on our prior venture and thought to ourselves, ‘Okay, we got really good traction with our customers, but we didn’t quite get it right. We need to take what we learned and go again.’”
From Gut Health Enthusiast to Beverage Entrepreneur
Ben Goodwin’s passion for nutrition came from personal experience. Growing up in San Francisco, he ate what he called the “standard American diet”, leading to weight struggles.
At 14, he made a personal commitment to health and wellness, a decision that would shape his future.
By age 20, he had dropped out of college and helped a friend start a kombucha company.
Meanwhile, David Lester, who had spent nearly a decade working for global spirits giant Diageo, was looking for something more entrepreneurial.
Through a mutual connection, they met for coffee, where Ben presented his prototype soda—handmade in SodaStream bottles and poured into champagne bottles.
David was blown away by Ben’s deep knowledge of gut health and microbiome science, and two weeks later, they became business partners.
Turn Anonymous Website Visitors Into Customers With Our AI BDR
Stop letting anonymous site traffic slip away. Our AI BDR Ava identifies individuals on your website without them providing any contact information and autonomously enrolls them into multi-channel sequences.
She operates within the Artisan platform, which consolidates every tool you need for outbound:
300M+ High-Quality B2B Prospects, including E-Commerce and Local Business Leads
Automated Lead Enrichment With 10+ Data Sources
Full Email Deliverability Management
Multi-Channel Outreach Across Email & LinkedIn
Human-Level Personalization
Convert warm leads into your next customers.
Their First Failure: The $100,000 Mistake That Led to Olipop
Before Olipop, Ben and David launched a different soda brand called Obi—a probiotic drink with a similar health focus.
But it didn’t gain traction in the way they had hoped.
Rather than give up, they sold Obi in 2016, took their $100,000 in earnings, and reinvested every dollar into a second attempt.
$70,000 went toward branding.
$30,000 went into formulating a scalable product.
Most investors told them a “healthy soda” was a terrible idea—but they believed otherwise.
"At the time, soda was a declining category in the beverage industry. But we saw that as an opportunity."
Their goal was to recreate the experience of drinking soda, but with a healthier nutrition label—without sacrificing taste.
The Birth of Olipop: A Two-Year Journey
Ben spent two years perfecting a new formula that mimicked the flavors of classic sodas but included fiber, prebiotics, and plant-based ingredients.
The name Olipop was inspired by:
“Pop” – A reference to soda, commonly used in the Midwest.
“Oli” – Short for oligosaccharides, a type of prebiotic fiber.
By late 2018, Olipop was ready for launch—but getting onto store shelves was its own challenge.
Getting Olipop on Store Shelves: A Hustler’s Approach
Olipop needed a distributor—but distributors wouldn’t work with them unless they had confirmed retail placements.
So, Ben and David drove store to store, pitching Olipop to natural grocery stores around the Bay Area.
They needed 100 store pre-orders but only secured 40-50.
"I don't know if the distributor took pity on us or just got excited, but they decided to move forward anyway."
With distribution in place, Olipop launched in January 2019 in 40 stores with three flavors:
✅ Ginger Lemon
✅ Strawberry Vanilla
✅ Cinnamon Cola (later rebranded as Vintage Cola)
By the end of the year, Root Beer was added, and Olipop was slowly building momentum.
Today, Olipop has nine flavors, including:
✅ Classic Root Beer
✅ Vintage Cola
✅ Classic Grape
✅ Cherry Vanilla
Each can contains 2-5g of sugar and 9g of fiber, compared to a standard soda’s 39g of sugar.
Olipop’s Explosive Growth: From $8.6M to $200M
Olipop’s revenue skyrocketed:
2019: $852,000
2020: $8.6 million
2021: $29.7 million
2022: $73.4 million
2023 (Projected): $200 million
As sales grew, Ben continued refining and expanding the flavor lineup, ensuring each product delivered both taste and functional health benefits.
"I invest hundreds of hours in each product, ensuring it delivers both function and flavor."
Going Viral: Social Media and Celebrity Investors
One of Olipop’s biggest growth engines? Social media—especially TikTok and Instagram.
Gen Z and millennial users began sharing their love for the brand, posting DIY Olipop mocktail recipes and taste-test videos.
Between December 2022 and January 2023, Google searches for Olipop spiked, leading to record-breaking sales.
This organic hype caught the attention of major investors, and in 2022, Olipop secured $39.7 million in Series B funding from high-profile names like:
🌟 Gwyneth Paltrow
🌟 Mindy Kaling
🌟 The Jonas Brothers
And in 2023, Olipop named singer Camila Cabello as its first celebrity spokesperson and investor.
Competing with Pepsi & Coca-Cola
Olipop is now outselling major soda brands in certain stores:
At one national retailer, Olipop’s Root Beer outsells A&W.
In some locations, Olipop is larger than Pepsi, Mountain Dew, and Canada Dry.
With 23,000+ stores carrying Olipop, including Whole Foods, Target, and Kroger, it’s on track to be in 30,000 stores by the end of 2023.
Olipop is proving that soda doesn’t have to be unhealthy—and customers are responding.
"We want to take this product well beyond $1 billion. The potential is there."
The Road to $1 Billion
Olipop’s journey is far from over. The brand is doubling down on:
🚀 Expanding into more national retailers
🚀 Developing new nostalgic flavors
🚀 Tapping into the $21.2 billion prebiotic market
Their ultimate goal? Redefine soda for the next generation.
Despite their massive success, Ben and David remain grounded in their original vision—a soda that delivers health without sacrificing taste.
“We’re going to keep working the way we always have—hustling, innovating, and putting our customers first.”
Lessons for Aspiring Entrepreneurs
Failure is a Stepping Stone: Their first soda brand, Obi, failed—but they used that experience to create Olipop.
Hustle is Everything: They personally pitched stores door-to-door before securing a distributor.
Social Media is a Superpower: TikTok and Instagram helped fuel Olipop’s rapid growth without a massive ad budget.
Authenticity Wins: Their commitment to real ingredients and transparency resonated with health-conscious consumers.
Timing Matters: Soda was a declining category, but gut health was on the rise—Olipop positioned itself at the intersection of both.
Learn More About Ben Goodwin & David Lester
From a $100,000 reinvestment to a $200 million company, Olipop’s story is proof that consumer trends, innovation, and persistence can completely disrupt a market.
As they continue scaling, one thing is clear:
Healthy soda isn’t just a niche trend—it’s the future.
Ben and David failed before they succeeded.
They listened to consumer demand, iterated on their formula, and hustled to get their product into stores.
So, what’s stopping you from launching your big idea? 🚀
A Story Worth Reading
Your 9-to-5 job is dying.
By 2034, it'll be extinct.
That's Reid Hoffman's latest prediction – the founder of LinkedIn who predicted the rise of social media in 1997.
Here's what he said next:
— RiseShineCo (@RiseShineCo)
12:57 PM • Jan 31, 2025
We Value Your Feedback
Was this featured story helpful? Rate it, and let us know how we can improve.
How would you evaluate our today's newsletter?We read your emails, comments, and poll replies regularly. Your feedbacks help us to improve and deliver the best possible newsletter. |
Stay tuned for more stories that showcase the diverse ways people are achieving financial success. Until next time, keep exploring and keep learning.