How Innocent Drinks Became a $500M Brand with Richard Reed

Screw It Just DO It with Alex Chisnall

In this Bite-sized Screw It Just DO It episode, I revisit my conversation with Richard Reed, co-founder of Innocent Drinks, who sold the smoothie brand to Coca-Cola for over $500 million. Richard shares how Innocent started as three friends selling smoothies at festivals and grew into Europe’s leading healthy drinks company without a master plan or exit strategy.

He explains why mission and friendship mattered more than chasing returns, how resilience carried them through setbacks like 2008, and why Jam Jar Investments was launched just 48 hours after selling Innocent to support the next wave of UK founders. This episode is a direct look at scaling a brand, surviving challenges, and giving back to the startup ecosystem.

Key Takeaways:

• Growth often comes without a master plan—execution matters more than theory
• Mission-driven businesses outlast founder-driven ones
• Resilience is key, even when setbacks wipe out years of progress
• Friendship and shared values can sustain a founding team for the long haul
• Supporting other entrepreneurs is as important as building your own success

🎧 New episodes of Screw It Just DO It drop every Tuesday & Thursday - so makes sure you follow wherever you listen. You’ll hear real conversations with founders who’ve taken a risk, built something from scratch, and figured it out along the way.

🔥 Want to take things further? Join me in person this October at the Festival of Entrepreneurs on the 8–9th October at the NEC in Birmingham. The Festival of Entrepreneurs is where 5-10,000 ambitious founders come together to learn from the people who've actually done it. I'm giving my listeners free 2-day passes.

Real entrepreneurs, real stories, real strategies – exactly like what you're hearing right now, but live and in person. Go to www.festivalofentrepreneurs.co.uk and grab your free pass before they're gone.

https://eventdata.uk/Visitor/FestivalOfEntrepreneurs2025.aspx?TrackingCode=ACHISNALL

👉 Follow the show. Turn up in October. Screw It Just DO It!

#ScrewItJustDoIt #FestivalOfEntrepreneurs #StartupLife #Entrepreneurship