What To Do Next
Novisa Petrusich, CFO and co-founder of Graymatter, left a high-paying career in finance to help build Graymatter, a plant-based cognitive supplement company offering a natural alternative to traditional stimulants for improved focus and mental clarity. In this episode of What to Do Next, Novisa joins host David Segal to talk about the operational realities of building a modern consumer brand. He shares how Graymatter navigated a manufacturer's bankruptcy shortly after the founders went all in on the business, how the company approaches forecasting and inventory risk, and why customer segmentation became central to its growth strategy. Novisa also reflects on applying his finance background to the realities of operating a consumer business, what he has learned while scaling Graymatter, and how the company thinks about brand, positioning, and long-term growth. — Brought to you by: Highbeam—Grow your brand with Highbeam’s cash management platform: https://www.highbeam.com/ [https://www.highbeam.com/] — Where to find Novisa Petrusich: • Instagram: https://www.instagram.com/novi_p [https://www.instagram.com/novi_p] • LinkedIn: https://www.linkedin.com/in/novisa-m-petrusich-ba5358118 [https://www.linkedin.com/in/novisa-m-petrusich-ba5358118] Where to find David Segal: • Website: https://www.highbeam.com/ [https://www.highbeam.com/] • YouTube: https://www.youtube.com/@wtdn.podcast [https://www.youtube.com/@wtdn.podcast] • LinkedIn: https://www.linkedin.com/in/david-segal-80b6079 [https://www.linkedin.com/in/david-segal-80b6079] — Timestamps: (00:00) Intro (01:15) An overview of Graymatter (02:25) Novisa’s background (03:30) How Novisa met Jim and cofounded Graymatter (07:58) Quitting their jobs to go all in on Graymatter (14:38) Saving their manufacturer after a bankruptcy crisis (18:54) Graymatter’s contingency plans (20:47) How Graymatter’s forecasting limits inventory risk (23:20) Maintaining safety stock with the supplier (25:20) How Novisa and Jim complement each other across product, finance, and go-to-market (27:15) How Graymatter identified its three ICPs (34:49) Turning customer data into insights (35:38) How Novisa learned to think like a CFO (39:24) The value of a beginner’s mindset (41:19) What’s next for Graymatter (43:00) Graymatter’s backup plans if channels fail (45:02) Leveraging AI to scale (47:04) Novisa’s strengths, and what he’s still learning (50:56) Lightning round — Referenced: • Graymatter: https://trygraymatter.com [https://trygraymatter.com] • PwC: https://www.pwc.com [https://www.pwc.com] • Shopify: https://www.shopify.com [https://www.shopify.com] • Klaviyo: https://www.klaviyo.com [https://www.klaviyo.com] • Jim Phillips on LinkedIn: https://www.linkedin.com/in/jim-phillips-5978827 [https://www.linkedin.com/in/jim-phillips-5978827] • Charm: https://info.charm.io [https://info.charm.io] • Jimmy Hugill on LinkedIn: https://www.linkedin.com/in/james-hugill [https://www.linkedin.com/in/james-hugill] • Driver: https://www.driver.ai [https://www.driver.ai] • The Way: https://www.thewayapp.com [https://www.thewayapp.com] • Athletic Greens: https://drinkag1.com [https://drinkag1.com] • Nik Sharma’s website: https://www.nik.co [https://www.nik.co]
9 episodios
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