“Trust is not what makes successful cofounding relationships. Having the worldclass skillset that you need to succeed is what will then form that trust that will allow you to succeed.” – Delian Asparahouv 


We explore space manufacturing, microgravity, and building factories in outer space. We’re joined by Delian Asparouhov, CoFounder of Varda Space Industries. We cover leaning into your superpowers when investing, common mistakes in venture capital, and problem solving with space manufacturing.






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Chapters


(00:00:00) – Introduction


(00:02:43) – Delian’s background in robotics and path to entrepreneurship


(00:07:32) – Mentorship from Jack Dorsey and Keith Rabois


(00:21:43) – Leaning into your superpowers when investing


(00:25:01) – Cultivating optimism in investing


(00:29:29) – Common mistakes in venture capital


(00:33:48) – Incubating a company


(00:38:59) – Getting started in the space industry


(00:42:09) – What is a space factory?


(00:45:38) – Problem solving with space manufacturing


(00:51:35) – Exciting changes in the space industry


(00:55:43) – Recommended resources in the space industry






About Varda.


Varda Space Industries is building the world's first space factories. You heard that right, literally factories in outer space, all for earthbound products. What Varda is building, literally wouldn't have been possible even two, three, maybe five years ago, but as launch costs to get mass up to low earth orbit have come down at an incredible pace, it's unlocked the next wave of innovation, including new players and possibilities like what Varda is building with their space factories. 






Chapters


(00:00:00) Introduction


(00:01:19) Getting Fired from 13 Jobs and Discovering Entrepreneurship


(00:08:34) The Origin Story of Kettle & Fire


(00:15:39) Evolution of Kettle & Fire’s Branding and Packaging


(00:19:10) Distribution: DirecttoConsumer vs Wholesale & Retail


(00:22:10) How to Compete with Generic Store Brands


(00:24:27) The Challenges of Building a Sustainably Profitable Business


(00:27:13) Raising Venture Capital for Consumer Brands


(00:33:01) Painful Lessons: $800k in Unpaid Invoices and Why Finance is Strategic


(00:39:24) Launching Perfect Keto and Surely NonAlcoholic Wine


(00:41:48) Justin’s Annual Review and Goal Setting Process


(00:45:44) Why Extreme People Have Extreme Outcomes


(00:49:32) How to Become an Extreme Person






About Kettle & Fire, Perfect Keto, and Surely Wine.


Kettle & Fire, Perfect Keto, and Surely Wine all have something in common. They were founded by Justin Mares and built to own an emerging health and wellness trend—from drinking more bone broth, to making the move to a keto diet, or deciding to drink only nonalcoholic wine.


Listeners can save 15% off any nonsubscription Kettle & Fire order by using promo code Outlier15 when checking out on KettleAndFire.com.






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