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Entrepreneurship podcast about starting a business, building a startup, and launching a consumer product brand. In this episode of the Based Business Podcast, Parker McCumber interviews Kevin Schmidt, founder of STEEP, about building a yerba mate energy drink startup, validating a product idea, and overcoming fear in entrepreneurship. If you're an entrepreneur, startup founder, or aspiring business owner, this episode breaks down the real process of launching a product and building a company from scratch. Kevin Schmidt shares how he built STEEP, a zero-sugar yerba mate energy drink, despite having no background in beverage manufacturing, consumer packaged goods (CPG), or product formulation. Instead of waiting for the perfect plan, Kevin simply started building. He reached out to food formulators, developed the drink, built a brand, and validated demand through word-of-mouth sales. This conversation explores the startup mindset, entrepreneurship lessons, and business strategies required to launch a successful product brand. As Kevin explains: “I have no idea what I’m doing… but that’s the first thing I say.” Kevin Schmidt Based Business Tr… That mindset allowed him to detach self-worth from outcomes and pursue entrepreneurship with real conviction. If you're interested in starting a beverage company, building a consumer brand, or launching a startup, this episode will give you a realistic look at the early stages of entrepreneurship. Topics Covered • How Kevin Schmidt built the STEEP energy drink brand • Starting a beverage brand from scratch • Product formulation and beverage manufacturing • Validating a startup idea without ads • Building a consumer packaged goods (CPG) startup • The fear of looking stupid in entrepreneurship • Why action beats waiting for the perfect plan • Startup marketing and word-of-mouth growth • Founder mindset and entrepreneurial persistence • Scaling a startup energy drink brand About Kevin Schmidt Kevin Schmidt is the founder of STEEP, a zero-sugar carbonated yerba mate energy drink startup focused on clean energy and organic brand growth. Kevin previously worked in tech startups and now applies those lessons to building a consumer beverage brand. About the Based Business Podcast The Based Business Podcast with Parker McCumber interviews entrepreneurs, founders, and builders about how they started their businesses, overcame challenges, and built successful companies. Episodes focus on entrepreneurship, startup strategy, leadership, and business growth. Chapters 00:00 Fear of Looking Stupid 01:04 Meet Kevin Schmidt & STEEP 03:20 Risk Appetite and Responsibility 05:50 Opportunity Cost and Hustle 10:00 Early Wins and Word-of-Mouth Sales 13:54 Build Around Passion 17:05 From Money to Freedom 20:23 The Muse and Entrepreneur Ideas 28:55 Simulation Theory Rabbit Hole 34:09 Equivalent Exchange Mindset 41:22 How STEEP Got Started 44:45 Finding a Food Formulator 47:37 Building the Brand and Team 51:59 Lessons in Action and Humility 57:20 Monetizing the Podcast Studio 01:02:05 Scaling Strategy 01:06:04 Variety Packs and Sampling Funnel 01:16:30 Organic Social Growth 01:21:11 Final Takeaways Keywords entrepreneurship podcast startup founder story how to start a beverage brand energy drink startup yerba mate energy drink consumer packaged goods startup CPG business how to validate a startup idea founder mindset starting a business from scratch