$20M Fort Myers water bottle company overcomes debt, inventory issues

Now that a painful lesson in taking on too much debt — some $4 million — is behind it, water bottle manufacturer Coldest is primed for a growth surge.


Coldest executives Twins David and Joe Ahmad say they like engineering and problem solving.
Coldest executives Twins David and Joe Ahmad say they like engineering and problem solving.
Photo by Stefania Pifferi
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David Ahmad’s multiple attempts to create businesses related to building video game communities didn’t pan out. But the serial entrepreneur knew eventually something would click.

“With every single business, you learn a lot and take those lessons and put them into the next business,” he says. “You’ve got to figure out a way to pivot.”

 

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