Did you know that the founder of 5-hour energy drink, once lived as a monk for 12 years?
5 Hour Energy was founded by Manoj Bhargava in 2004, he is an Indian-American entrepreneur known for his innovative thinking and focus on social impact.
Born in India, he moved to the United States at 14. After dropping out of Princeton in his first year, came to India where he became a member of the Hanslok Ashram order and lived the lifestyle of a Buddhist “monk” for 12 years.
In 1990, he started his first firm, a plastics company, which was later sold to a private equity firm.
The idea for 5-hour Energy came to Bhargava when he observed the need for a quick and effective energy boost in a fast-paced world.
Around 2003, Manoj was attending a natural products trade show in Anaheim, California.
During the show, he noticed a company selling, a 16-ounce concoction claiming an hours-long productivity boost.
He took inspiration from the ingredients of this drink and took just a couple of months to launch his own version of the drink with two ounces of caffeine-infused B vitamins, mixed with acids that would provide “5 hours of energy”.
Bhargava mostly refers to this as the conception of a 5-hour energy drink.
His drink introduced the concept of an energy shot, a compact, concentrated energy supplement that required no refrigeration.
Though hugely successful and popular among the adults, it is not recommended for the kids.
Bhargava's ideology to start small and bootstrap the business was a key factor in its success.
GNC, a popular health centre chain, at the time, was the first to give this product a chance and soon after initial success, Bhargava managed to Launch a 5-Hour energy drink in Walgreens and Sheetz.
Bharagava’s marketing genius is the foundation of the 5-Hour energy business, he has always believed in educating the user rather than selling something to them.
His most memorable campaign is the “2:30 concept” Scientific studies state that the afternoon energy slump that many people experience around 2:30 PM is actually very common.
Bhargava understood that this could be a potential problem that could be solved for a larger customer base and used this phenomenon as the central tool of his marketing campaigns for the energy shot.
The brand's advertising campaigns emphasised how 5-hour Energy could provide the needed energy to power through the afternoon, stay alert, and be productive.
Users who related to the mid-afternoon energy dip felt heard by the campaign and it played a significant role in the product's success.
1. Be Frugal & Start Small
2. Product Innovation
3. Solve a Real Problem
4. Adaptability
5. Social Impact
5-Hour energy brand currently holds 88.4% market share in the energy shot market globally, selling more than $300 Million globally every year as of 2023.
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