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Advice Line with Pete Maldonado of Chomps

Advice Line with Pete Maldonado of Chomps

Released Thursday, 2nd May 2024
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Advice Line with Pete Maldonado of Chomps

Advice Line with Pete Maldonado of Chomps

Advice Line with Pete Maldonado of Chomps

Advice Line with Pete Maldonado of Chomps

Thursday, 2nd May 2024
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at acura.com. Hello

2:11

and welcome to How I Built This Lab. I'm

2:13

Guy Raj. So over the next

2:16

few months, we're going to be taking

2:18

your calls about the challenges you're facing

2:20

and hopefully we can help you get

2:22

closer to solving them. And

2:24

helping me out each week will be a past

2:26

guest from this show, a legendary

2:28

founder who is here to help

2:30

new founders trying to build their

2:32

own amazing businesses. And by

2:34

the way, if you are building something and you

2:37

need advice or help, give us a

2:39

call and you might be the next guest on the

2:41

show. Our number is 1-800-433-1298 and we'll also put

2:43

it in the podcast description. All

2:49

right, ready? Let's go. Today,

2:52

I'm so excited to be joined

2:54

by Pete Maldonado. He's a co-founder

2:56

and co-CEO of Chomps, the

2:58

grass-fed meat stick brand that is, man,

3:01

Pete, it's everywhere. I just bought a multi-pack

3:03

of them at Costco last week, actually. Pete

3:06

and his co-founder, Rashid Ali, joined me in January

3:08

of 2023 to tell the story of turning

3:12

their side hustle into a national

3:14

brand. Pete, welcome back. Thank

3:16

you for having me. One of the things

3:19

that I remember about your appearance on the

3:21

show is how you really work to

3:23

learn how to be a better dealmaker,

3:25

right? Which is a critical skill for

3:28

any entrepreneur to learn. For sure, yeah.

3:30

I think my background was

3:32

a number of different roles

3:34

and jobs and I think

3:37

probably real estate was the one that really

3:39

got me into dealmaking, dealing

3:41

with big numbers and just putting big

3:43

deals together. I think having that skill

3:46

set, especially at this stage, just dealing

3:48

with the big dollar amounts, I think

3:50

that could really scare people away or

3:52

really get them a little nervous. So

3:55

I think for me, just having those reps in

3:57

the arsenal, I think that was it. and

4:00

again. Yeah, that was really helpful. Well,

4:02

Pete, all of our founders calling

4:05

in today are they're all exploring

4:07

different ways to reach new customers,

4:09

especially by trying to build partnerships

4:11

with retailers. And we thought

4:13

you would be the perfect mentor

4:15

to help us hopefully answer some

4:17

of their questions. When

4:20

you started to explore retail partnerships, what is

4:22

something that you wish you knew at the

4:25

beginning that you maybe learned the hard way

4:27

or, you know, you just

4:29

learned with experience? There's

4:31

a few things. So one of them

4:33

is, you know, you selling to the

4:35

retailer and getting out on the shelf is

4:38

the easy part. That's when the work starts.

4:40

Yeah. And I think a lot of

4:42

new founders or new startups when they're when

4:44

they're starting selling to retail, that's

4:47

they don't know they're celebrating the win. They

4:49

celebrate the, you know, they're like, I'm on

4:51

Trader Joe's shelves, but that's just the beginning,

4:53

I guess. And it really is. And so

4:56

it's everything you could possibly think of when

4:58

it comes to new quality

5:00

control issues that you need to put

5:02

into place, trade spend and figuring that

5:04

whole animal out, which is massive. It's

5:06

a big part of any any CPG

5:08

brand or any brand that's selling in

5:10

retail. It's going to be a huge

5:13

part of their spend. And how

5:15

do you manage that? How do you get the most impact out

5:17

of that? And then on top of it,

5:19

I think you want to get even just

5:21

the initial trade spend is it where it

5:23

ends? Now you start getting chargebacks and fees

5:25

and penalties. And there's an aspect, the

5:27

bigger the retailers, the more that they're going to charge

5:29

you. And you need to get you know, be on

5:31

your toes and on your a game. A

5:34

lot of people don't realize that retail stores,

5:36

big retail stores are sort of like billboards

5:38

in Times Square, you actually

5:40

have to pay essentially to get shelf

5:42

space. And it's hard to get

5:44

in there. And then once you're in there, if

5:46

you don't sell product, they toss you out.

5:48

So the pressure really starts that's when you

5:51

really have to start selling. Oh,

5:53

absolutely. And you know, and these these, you know,

5:56

retailers most they make more more money from slotting

5:58

fees and then they do from out. actually

6:00

selling product. So you've got to. It's an

6:02

amazing business, by the way. Grocery

6:04

stores and amazing, because they have

6:06

all these revenue streams coming in. Yeah, and that's the

6:08

thing. You know, you have to understand as the brand

6:11

owner, you're putting your product in the

6:13

store, you're taking all the risks there. They're gonna do

6:15

everything they possibly can to eliminate the risk and make

6:17

sure that they're getting paid up front or

6:20

along the way. And it's

6:22

coming from you. All right, peace. What

6:25

do you say we take a call? What

6:27

do you think? Let's do it. You ready?

6:29

Coming in our first caller, caller, you are

6:31

on the line. Hello, welcome. Hi,

6:33

how are you? Hello, who is

6:36

this? This is, I'm Jennifer Ballen,

6:38

and I own Badass Bagels. Welcome.

6:41

We are 100% sourdough, and we

6:43

are the masters of fermentation. Okay,

6:46

what is your question for Pete, Jennifer?

6:48

My question is really, we're

6:50

sort of at a crossroads now

6:52

these days because we've established several

6:54

brick and mortar locations. We are

6:57

making upwards of 8,000 sourdough bagels

6:59

a week. We participate in a

7:01

dozen farmer's markets. We have

7:04

a bunch of different products now, almost

7:06

like a brand, an accidental brand that

7:08

we call Badass. We have

7:10

12 cream cheeses, spreads.

7:12

They're all like farm to bagel.

7:14

We support the local farmers in

7:17

our area. And I'm

7:19

just wondering, I mean, I have

7:21

franchise companies calling me. I have

7:23

investors asking me, do I want

7:25

money? At this point, I'm

7:28

really happy being a bagel slinger.

7:31

I'm always knee deep in dough. It's

7:33

like super fun. Everyone's happy. Everybody loves

7:35

the bagels. But like, how do I

7:37

know what direction to go in? Do I wanna put

7:39

all my eggs in the consumer product goods basket? Do

7:42

I want to open more brick and mortars? Jennifer,

7:45

we're gonna get to your questions, but before,

7:47

if you don't mind, can we ask a

7:49

couple of background questions? 100%, yes. All

7:52

right, so you're based in Norwalk, Connecticut. Is

7:54

that right? Yes. And tell me

7:56

the story. By the way, great website. I'm

7:58

looking at Badass Bagel. Now tell me

8:01

the story of I mean did

8:03

you come from a value a baker is that your profession? Did

8:05

you train it tell me a little bit about how it happened?

8:07

Well, I was a stay-at-home mom with

8:09

my kids and I opened a restaurant and

8:11

was open for years and years 10 years

8:14

The pandemic came I was thinking

8:16

about Shutting it because it was a

8:18

good time to do that I started

8:20

I slipped down that slippery slope

8:22

of sourdough and I started bread

8:24

like everybody everybody Yes, everybody but

8:27

I figured it out sort of quickly and

8:30

was making loaf after loaf They were laying all over

8:32

my house. My kids were like, please stop making bread.

8:35

So I made a babka then I

8:38

put Bobka chocolate and cinnamon hmm

8:40

and Then

8:42

I started with the sourdough bagels and

8:44

I realized that there were no recipes

8:46

There were no stores selling sourdough bagels

8:48

sourdough bagels weren't really a thing So

8:51

I love a good challenge because I tend to get

8:53

bored very easily So the

8:55

challenge was how the heck do you make a sourdough

8:58

bagel? Well, let me tell you it is not easy

9:01

It's not easy. It's not because traditional

9:03

bagels are made with just like dry yeast

9:05

or Not right and

9:07

sourdough is a starter that right is it.

9:10

I'm in the Bay Area So there's so

9:12

much sourdough here, but it's a fundamentally a

9:14

different taste Well, not only is it a

9:16

different taste but when you are making a yeast Leavened

9:19

bread a commercial yeast leaven bread you can do that in

9:21

45 minutes when you're making

9:23

a sourdough leavened pastry or bread

9:25

It is a slow process because

9:28

the fermentation is what's good

9:30

for you And the bagel structure is very

9:32

different than a loaf of bread Many

9:34

of us bake sourdough bread in a Dutch oven that

9:36

has sides a bagel is free Freestanding

9:39

on its own on a sheet or on a in

9:41

a hearth oven There's a million combinations

9:43

and a million ways you can do it All

9:46

right, so you pivoted from the restaurant to the bagel shop and

9:48

now I think you've got Two

9:50

shops two locations in Norwalk, Connecticut.

9:53

I've got one location in Westchester County in Armand,

9:55

New York and one location right here In Norwalk

9:57

right near Westport where I live about a month

10:00

mile from my house. I often go to work at

10:02

night in my pajamas to check on my sourdough

10:05

starter. I'm about a mile away.

10:07

It's a lot of work, but now I've

10:09

got an incredible staff and we crank out

10:11

a lot of bagels. So initially,

10:14

you know, just listening to your background here, you

10:17

mentioned that this is what makes you very happy.

10:19

And so I guess my first question is, you

10:21

know, what is

10:23

it about what you're doing right now that needs

10:26

to change if you're already happy? What is

10:28

your vision for this that would make, you

10:30

know, you feel really excited

10:32

about badass bagels? So

10:34

I think I'm happy because I love

10:36

my customers, but I do see the

10:38

scaling potential and it is

10:41

profitable in a great and positive way,

10:43

shocking as that sounds because it's

10:45

not easy to be profitable. Bagels

10:47

are very labor-intensive. I think I could see

10:49

myself with many stores in many areas of

10:52

the country. We spend a lot of time

10:54

shipping bagels. Like I spend at least three

10:56

hours a day shipping boxes of bagels to

10:59

Utah to Colorado to Los Angeles to

11:01

Florida. You sell them by the

11:03

way D2C. People order on the website or

11:05

do they other retailers that sell them? We

11:08

are the only distributor really of our bagels.

11:10

So they order through me. I did just

11:12

pick up a local distributor a couple

11:15

of weeks ago. Wow. My bagels are

11:17

freezeable. That's the other thing about sourdough. They're like

11:19

70% water, so they freeze

11:22

beautifully. So if I gave you a frozen

11:24

bagel, you could pop it in your oven

11:26

in a minute. It would taste like I

11:28

just baked it for you. Wow.

11:30

So Pete, the question I think that you asked is

11:32

a really good question, which is, is Jennifer happy? It

11:36

seems like she's looking for some help and

11:38

advice to figure out whether she should consider

11:41

bringing on partners to

11:44

grow this thing in a bigger way. Let's just say she

11:46

does. What do you think about the

11:48

idea of bringing on a partner to maybe

11:52

try and franchise this thing? I

11:54

think that could work. I

11:57

Think you've done this at two locations right

11:59

now. The Replicate it. I

12:01

guess my question is here on. Are

12:04

you? Are you comfortable enough to teach somebody

12:06

else how to run it in the same

12:08

way that you do? Because. And. The

12:10

franchise model. You know you're not there to

12:12

operate at so you to find some that's

12:14

a really good operator. Is there some special

12:16

sauce or dude you are Things you have

12:18

going on in your view. A year team

12:20

that you could potentially lose by scaling that's

12:23

who, Franchising. It definitely

12:25

is Scalable is teachable. I did so

12:27

you how to do it without a

12:29

doubt actually started working on i'm a

12:32

manual that would give everybody a foolproof

12:34

way as of replicating. Ah, I'm that's

12:36

that's one avenue for sure. So

12:39

if you are going to do these things

12:41

and you expect somebody come in and pay

12:43

you money to franchise your model. What?

12:46

Is it? What value does I get by

12:48

paying you that franchise fee? In What stops

12:50

them from creating this really on their own?

12:54

I. Guess what? they're getting his, for example,

12:56

Our. Proprietary.

12:58

Like we have a whole gluten free line

13:00

of bagels. Sell these fan size. Other

13:03

locations would be able to them by

13:05

some the mother Sept. All of these

13:07

great products that we've already figured out

13:09

how to make me franchising isn't necessarily

13:11

my first avenue of choice. I mean,

13:13

I think. You. Know increase

13:15

in the world of cream cheese? Do I

13:18

really want to cheat on Philadelphia? Like.

13:20

I've got really big boxing gloves that can I

13:22

do that? I mean the world. A dairy is

13:24

like a whole nother thing. That it

13:26

seems to me to cease me, Jennifer that

13:28

your competitor damages your is your brand, right?

13:31

And and also their sourdough bagels, which is

13:33

it, which is somewhat of a differentiator be

13:35

suppressed Bad as bagels, you've got a great

13:37

logo, you've got a great look. You know

13:40

we have an episode of our show, but

13:42

days have chicken. And. That brand

13:44

was started in a in a

13:46

basic parking lot. Was a couple

13:48

of friends and they. Basically.

13:50

Decided to sell sell fried chicken

13:53

sandwiches. Within a year. they were

13:55

approached by somebody who had experienced

13:57

franchising and paid them a significant

13:59

amount. Money. And that's actually

14:01

really worked for them, but, you know,

14:04

Pete seems to me that if if

14:06

Jeff awarded do this, she would wanna

14:08

really. Mindful about who

14:10

that partnered, he is. Absolutely.

14:13

I think you know. Signing.

14:15

People that are going to be. This. Is

14:17

what they're going to do for a living.

14:19

Not you don't want to find somebody that's

14:22

gonna be And I've looked at various friend

14:24

size models over the years to says looking

14:26

at like side investments potentially I'm not the

14:28

guy that you are France as to where

14:30

I guess I've got my my main business

14:32

has got my day job. If you're gonna

14:34

franchise it should be that person's day job.

14:36

I think that's that's probably critical to the

14:38

success of any any franchise. A regular guy

14:40

like that the chick Fillet model would allow

14:42

allow them so own one ah unit. I

14:44

think that's a relief at a good. Probably

14:47

a better model. More more are tasked success

14:49

right? That's true. The the other thing that

14:51

I would I would add is that that

14:53

and maybe you can weigh in a little

14:56

bit on as because you're you've got such

14:58

a strong brand and. He'll. Have

15:00

If you were to look at a atrocities

15:03

see case website for bad as Bagels idea.

15:05

What can you give chair for some helpful

15:07

feedback on things that you might you know

15:09

you might adjust or you might come to

15:11

think about and lean into? Yeah so I

15:14

love the story obviously I think you know

15:16

and going back to when I was talking

15:18

about the differentiation peace like mean of the

15:20

sourdough angle and I like I love the

15:22

background to have your story about. Transitioning.

15:25

From a restaurant over to the

15:27

bagels. I love all that on.

15:29

A six year if I was the. That.

15:32

Make a little easier to. Actually

15:34

order for me as we say something from Adidas

15:37

he perspective I think there's a lot going on

15:39

in the website says cleaning things up a little

15:41

bit would be a little easier on. Which.

15:44

Platform Is this on? Any way that is,

15:46

You have this. Doesn't look like it's shopify.

15:48

That. It's not. It's a simple square space

15:50

and that I have a third. Party Ordering.

15:53

Both. Sponsors the podcast so we're not going

15:55

away and the. Have to say I love square

15:57

space as a fabulous to work on the Us to.

16:01

Yeah so I think I and I I've

16:03

got. So here's the other thing I really

16:05

like the are are your gift boxes in

16:07

the way you package those up or you

16:09

get the bagels and the smears of that

16:11

cream cheese with it I say about that

16:13

was really cool on and you're doing the

16:15

right saying it looks like you're by by

16:17

creating more of a higher order value in

16:19

allow you to handle law in and absorbed

16:21

lol that shipping costs are. Selling.

16:23

You do a lot of things right here

16:26

on. To. Supercharge that again to

16:28

my for I was a a significant If you

16:30

could figure out a way to to streamline it

16:32

a little bit, make the whoring process a little

16:34

bit easier. As from Adidas City A see the.

16:37

I know some questions were it were going

16:39

Cpg and going into retail what can I

16:41

answer for you are on that like were

16:44

you thinking. Well, it's interesting because.

16:47

I didn't know anything about this whole

16:49

industry and now I'm working with. A

16:52

couple of coal packers. I'm about

16:54

to start call packing so I

16:56

have three dairy farms single origin

16:58

grass said. Milk and see.

17:00

I mean it isn't right. literally. I mean

17:03

I didn't even know it existed like that

17:05

and that in right in my in my

17:07

roots and what happens is. Is

17:09

sort of like can I sir I can make this

17:11

product but. Can I mean stream

17:14

and and us? I mean the flavors

17:16

we make preserve lemon and fried caper,

17:18

smoky black garlic, hot honey, pistachio salad

17:20

and french vinegar. Had this get or

17:22

rhubarb? I mean which one do you.

17:24

Want Measure all I know? Yeah. So

17:27

here's the thing. Like people come in and

17:29

they buy three cream cheeses and a dozen

17:31

bagels. That. Is like the average person.

17:33

That's a lot. Of classes and your margins

17:35

Higher on cream cheese and on bagels.

17:38

They actually are. Yeah, yes, eight

17:40

ounces from cream cheese is ten

17:42

dollars. As you know, people are

17:44

spending thirty authors on cream cheese.

17:46

Now we're dealing cultured, Cream

17:48

cheese. So this also has the beautiful

17:50

probiotic quality like yogurt am I just

17:53

wonder can I take on like the

17:55

big men and women of the dairy.

17:58

World because it's really a monopoly. There's a

18:00

big one. Pete, I'm not sure that

18:02

she has to worry about taking them on, right?

18:04

I mean, you weren't thinking, how does that take

18:06

on Slim Jim? You were thinking, I'm gonna introduce

18:09

Chomps. Yeah, you know, so like

18:12

Chomps, we've grown substantially. We'll do somewhere

18:14

around the, we're approaching the half a

18:16

billion dollar mark in retail sales this

18:18

year, right? Wow. I still

18:20

would never even think about trying to compete with

18:22

the big guys in the space, right? It just,

18:24

it doesn't work. And I would, they would bleed

18:27

us to death. Like it just wouldn't work. The

18:31

reason we've been successful is we serve an

18:35

entirely incremental customer. So incrementality

18:37

is a keyword for you to think about

18:39

and how to think, when I talk about

18:41

differentiation, I think about like positioning yourself as

18:44

a brand that's for a

18:46

different customer, that's not currently being served

18:48

at a retailer. That's how you find

18:50

success. And now these big guys, they're

18:52

trying to hit the masses. They don't, you know,

18:54

they're not gonna do all the, and put the

18:56

blood, sweat and tears and creating those amazing flavor

18:58

profiles that you have. I

19:00

don't remember ever seeing, is there a grass

19:03

fed cream cheese now? I don't even know.

19:06

There probably is, but you don't really see

19:08

anybody leaning into that, right? No, you don't.

19:10

Yeah, you're in an enviable position, right? You've

19:12

got some that's already working right now and

19:15

you're just, and you have all these opportunities and

19:17

people interested in working with you to build it

19:20

up and build something else out of this, which

19:22

is great to have, right? I think what you

19:24

needed to do for yourself though, is think about

19:26

my early question I started with, is like, what's

19:28

gonna make you the most happy? Because running

19:30

a big business and driving a lot of revenue

19:32

and making money, that doesn't

19:34

always make people happy. And you're gonna

19:37

be basically living for this. So

19:41

you need to kind of think through, what do

19:43

you wanna be doing with all of your time? And

19:45

what's the most meaningful to you? So you

19:47

could franchise the bagel stores. You could go to the CPG

19:49

route. I think you'd be successful on all of them, but

19:51

I think it's up to you to really determine like, what's,

19:54

where are you gonna focus? And

19:56

Then once you get that, then you just, then you kind

19:58

of back into, what's the strategy? The to get their yeah. right?

20:02

Jennifer. My take away here. Is.

20:05

If you go the route

20:07

of franchising, interview all of

20:09

your suitors, study them, or

20:11

research them, and really, Really

20:14

know? And. Try to

20:16

understand who the best potential partners. Same

20:18

with distribution. if you can find somebody to

20:20

help you with distribution. I mean that he

20:22

was go back on sorcery about Kaaba does

20:25

act that can be really helpful. They'd

20:27

also distribute their dips and spreads and that

20:29

was a whole business. had started before the

20:31

franchise. I'm so I might take away his.

20:34

Really? Think deeply carefully about

20:36

who that partner is. Jeff

20:38

Allen that as bagels. good

20:40

luck. Think so much. Thanks

20:42

to doesn't and hope to see above him. A

20:45

classless to take care. All right? Okay, this

20:47

exciting we may have. we may be at

20:49

the cusp of a bagel empire. A new

20:52

bagel empire. The next Einstein I like at

20:54

the Eagles as I don't ever want to

20:56

see Einstein not the biggest. Our twenty as

20:59

a different the any weight is an airport

21:01

bagel. Okay we're gonna take a quick break

21:03

the we come back or going to take

21:05

another call and answers or question stay with

21:08

us I'm Guy Rise In are listening to

21:10

the advice line and how I built this

21:12

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American Express. Dot Com/with an. Hey.

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Welcome back to the advice line here on how

24:55

I built this lab. I'm Guy Rise and so

24:57

they were talking about one to scale up and

25:00

how to build the right partnerships and one of

25:02

the things are member p when you run the

25:04

show. Was A. You were

25:06

contacted by Trader Joe's like pretty early on

25:08

in Trump's life cycle and initial you said

25:11

no right? Yeah it was as we know

25:13

we can't we can support that type of

25:15

growth and I'm new at the it was

25:17

it was more so around the of the

25:19

specific ask you know they wanted us to

25:22

do a private label product line from Fright

25:24

which would have been on. I'm a huge

25:26

undertaking for a small team like ours. was

25:28

just me and recede working full time and

25:31

it was hard enough to manage one brand

25:33

and as a prime with a private. Label

25:35

brand you're essentially is adding another brand to

25:37

the are under them saw the Umbrella So

25:40

I mean a A A pretty bold decision

25:42

of the time because it would have been

25:44

a large cash coming and would have been

25:46

a nice be in a revenue stream. but

25:49

at the same time you wouldn't be able

25:51

to focus on building the Champs brand which

25:53

of course today is available at Trader Joe's

25:56

as Stomps not as a White Labels meet

25:58

Stick Yeah and being a branded. They

26:00

don't. That Trader Joe's where it's You

26:02

know it's a private label shop. that's

26:04

a big deal for us. Awesome! Dare

26:06

millions of shoppers that that shop there

26:08

all the time snuff or at least

26:11

bring on our next caller. I think

26:13

we have brandies on the line. Hello

26:15

Brandy! Hey. The air the

26:17

hello Brandy welcome I'm tell introduce yourself

26:19

tell us first and last name what's

26:22

your businesses where you where you live

26:24

Yes my name is from the shelter

26:26

and I'm the founder include owner of

26:28

just infancy companies are some people and

26:31

it loses t companies here in Atlanta

26:33

Georgia. Amazing. Okay, and

26:35

what's the question you brought for pizza?

26:37

The. Yeah. So we've

26:39

been in business now seventeen.

26:42

Years with started as a

26:45

professional hobby is now a

26:47

retail. Facility: A Production facility

26:49

is just opened and seen

26:52

Garden and Salon Mine. We

26:54

have some small mom and pop

26:57

shops and sell teams around his

26:59

his ass. and now we're looking

27:01

to get into the Fox and

27:03

now it's like are you, how

27:05

do we moved into this without

27:07

losing. Our shirts to some next to the new.

27:11

Yeah, how do you get into the bus

27:13

or get we're gonna go to get into

27:15

that? Let's flip final a bit more about

27:17

just and honey Do you started this. I

27:20

think back in two thousand and six a tell me about what

27:22

were you doing at the time and has given to the T

27:24

business. Yeah. Warns: several

27:27

professional have. My. Last

27:29

one in two thousand and six and was. A War

27:31

Two and props. Sanders was. Print.

27:34

As advertising commercial and it's

27:36

either in and rama noodles

27:38

are safe. So during the

27:40

ramen noodle times I would

27:42

create and make kind of

27:44

during a D I y

27:46

se. As season

27:49

all of the companies team around

27:51

in so I would always make

27:53

things but I always some himself.

27:55

Folding cut. A crown

27:57

to me is said to me. And.

28:00

It was so many different combinations you

28:02

can do to a cup of tea

28:04

and on somebody gave it away actually

28:07

as gifts to friends and family and

28:09

then somebody asked some by South and

28:11

I'm like oh wait a minute, I

28:14

have a business for As and that's

28:16

literally houses. Yeah, it's how I. Started

28:18

I started to and farmers markets

28:20

incest of all open a brick

28:22

and mortar about ten years ago.

28:24

And to kind of. He. Far

28:27

from there, As a cofounder of,

28:29

my husband joined the company about

28:31

eight years ago on. Now.

28:33

A senior all is an employee

28:36

of the A Thirty eight employees.

28:38

Are you laughing? It's still fun

28:40

and I've just wanna keep that

28:42

trying. Don't. I'm looking

28:44

your website and ten seats see that

28:46

you are loved about You Here says

28:48

you're born in New Orleans and you

28:51

grew up drinking tea because every time

28:53

you are set your grandma had a

28:55

key or for whatever was ala you.

28:57

yeah I mean. A call.

29:00

Coffee. The one hit wonders. You know exactly

29:02

where it's them. Thank you. For with

29:04

see it has some media in uses

29:07

like. If you're not feeling when

29:09

habits of a t if you feeling great

29:11

in one to keep going have a cup

29:13

of tea in the the evening have a

29:15

cup of tea So I love said she.

29:17

Has all this is wonderful. Endless

29:20

possibilities and some trains do that.

29:22

Whether it's somewhere that you've traveled

29:24

far, or if it's a memory

29:27

of with your grandmother like myself.

29:29

or if it's just some wild

29:31

and crazy concoction that on we

29:34

do with our cheese of the

29:36

month. Every month we create something

29:38

funny, crazy. Or. Eight. So

29:41

now you've been in business for a while.

29:43

You've got a brick and mortar and you've

29:45

got a D D to see. Ah, open

29:47

a. Here I've

29:49

ordered direct online. Now you're

29:51

looking to get into. The

29:53

big time you wanted to be in

29:56

the Targets and Wal marts and the

29:58

Kroeber's of America is at first. Absolutely.

30:01

I want to be the

30:03

first nationally sold

30:06

black owned tea company in the US.

30:08

And I

30:12

just, like I said, I really,

30:14

really love it. I mean, nobody does something for

30:17

17 years. Unless

30:19

they love it or they're crazy, or a little bit

30:21

of bone. All right, peace.

30:24

What's your take? Yeah, Brandy, nice to meet

30:26

you. Yeah, love hearing the story

30:28

here. Looks kind of like a lot of passion behind this. So

30:30

I guess a couple questions for you. I see here a lot

30:33

of the packaging and I love actually the way

30:35

that you're breaking things

30:37

up by functionality. So like get up and

30:39

go and then you have your wellness tea,

30:41

sip and relax. So from

30:43

a branding perspective, how do you plan

30:45

to lead with these things and retail?

30:48

Because when someone looks at the packaging on a

30:50

shelf, they need to know immediately what is it

30:52

going to do for me and why should I

30:54

buy this? Can you talk a little bit about

30:56

that? Like what did you do when you created

30:59

this packaging to thinking about

31:01

retail? Yes, I use the farmers

31:03

market as our experimentation

31:05

with that. All of our jars

31:08

in our stores and at our

31:10

farmers markets are in clear containers,

31:13

because people shop with their eyes.

31:16

So if you go on

31:18

a lot of retail shelves, you'll see

31:20

stainless steel tins. So we still offer

31:22

that with a wraparound

31:24

edge, but the window on top is

31:26

clear. So you can see the tea

31:29

and you know exactly what you're going

31:31

to enjoy. And so that's our tins

31:33

that have a longer shelf life. Our

31:35

quick grab and go, we just updated

31:37

it for this big box

31:40

push that we're doing, where it has

31:42

this really fun hexagon window that's on

31:45

front and back. So it's

31:47

bright orange And yellow,

31:49

which feels fresh. It feels sophisticated and fun.

31:51

And Then that hexagon that kind of sticks

31:54

with our branding is clear on either side.

31:56

So You still get to see that with

31:58

each grab and go. Bears which

32:00

is a lower price points to sign

32:02

of entry way into the sole. Source:

32:05

Of your thing about a lot of the right

32:07

things which is great to hear a lot that

32:09

you're taking see back at your learning. You're hearing

32:12

from the farmers' markets and taking that in. Modern

32:14

that in the form some rather decisions from a

32:16

scale ability standpoint. Power: Is this a Cold Packer

32:18

model? Are you selling your blending a lot of

32:20

this yourself? Are you do this yourself? Manufacturing Yes.

32:23

We I travel couple times a year.

32:25

I'd try and work with as many.

32:28

Small growers around the worst

32:30

possible. Visited. India. Ten years

32:32

we markers, Signer to T

32:34

S and so it works now

32:37

because which is Julie a couple

32:39

of hundred thousand kilos and year

32:41

in seems I know as we've

32:43

grown up as will have to

32:45

work with a treat organization and

32:47

or kind of a middle. me

32:49

and selfless with that scale abilities

32:52

were trying to stay as close

32:54

to the ground as possible for

32:56

them to cup process began. We

32:58

still do everything and house we

33:00

have machinery we have quit needs

33:02

where we are passing. For consistency

33:05

but it is still. Us.

33:08

An. Ss doing it

33:10

on. As this equipment and

33:12

assorted you have in their the labour

33:14

let you have right now is that

33:16

enough to support a big box retailer?

33:18

Candidly, it's not put a week, you

33:20

know how to get there. We have

33:23

the quit need lined up to grow

33:25

with Appear. for that it's it's. one

33:27

of those things. You. Know the chicken

33:29

or the a google search. Yeah,

33:31

you know I wonder Brandy? Have

33:34

you guys and you may have

33:36

done this? Have you approached? Whole

33:39

Foods locally. I see it

33:41

when a. I was doing other

33:44

things like I was. The

33:46

farmers' markets I was suggesting or

33:48

others sounds. Person. Behind them

33:50

on the bar Cia and at

33:52

a time I knew I wasn't

33:55

ready say ass' in So. i

33:57

have some light and decline and

33:59

as have been growing, it's just

34:01

not something I've circled back around

34:03

to. The

34:06

reason why I ask is because Whole Foods

34:08

is, as you know, it's a company that

34:10

is interested, particularly in local brands. When you

34:12

go in, they'll say locally made, and they're

34:14

really open, the regional buyers are really open

34:16

to bringing on local brands.

34:18

And it's a great testing ground because

34:20

you can go in, you start with

34:23

a few stores, you can sample the

34:25

product, and you can really build it

34:27

out from there and focus on getting

34:29

national distribution, which then becomes, then

34:32

it's like, then it's a great launching pad

34:34

to get to the targets and the Kroger's and

34:36

the other places. We've seen this with other brands

34:38

on the show, New Me Tea. We did New

34:40

Me Tea on the show several years ago. And

34:43

that's why Whole Foods comes to mind because

34:45

it is a pretty innovative company when it

34:48

comes to being open. Pete, you guys, I

34:50

know you're at, you guys are at Whole

34:52

Foods, I'm pretty sure, right? Yeah, we're at

34:54

Whole Foods and most retailers nowadays. And I

34:56

think, God, it's a great idea too

34:59

because starting small and regionally like

35:01

that, for one, they're going to

35:03

prioritize you guys and they actually have a nice

35:05

end cap in a lot of the

35:07

stores that really drive trial. But

35:10

what it's going to do for you is let

35:12

you see what the velocities might be so you

35:14

can forecast, if I am successful

35:16

here and then I have a national rollout, this is

35:19

what it could potentially look like. Brandi,

35:22

can I, I want to give you

35:24

some feedback on the branding side and

35:27

on what I'm seeing on your website

35:29

because what you've

35:31

told us here is not clear

35:33

on the website. I mean, you're

35:36

doing three, four trips to Asia to

35:38

source these tea leaves. I want to see you

35:40

there. I want to see pictures of you at

35:43

Those tea farms. I Want to

35:45

see, I Want to read more

35:47

about that. That's incredible that you

35:49

are sourcing that. Also, there's something

35:51

about the story of your grandmother

35:54

and just the warmth of a

35:56

hot cup of tea that I

35:58

feel needs to be told. Somehow

36:00

on the bag in a small way.

36:02

I don't know if you're doing that,

36:04

but I feel like that story about

36:07

your grandma having different T blends growing

36:09

up in an environment in New Orleans

36:11

is so powerful it is so much

36:14

so. Other right Part of me is

36:16

like I I I would even consider

36:18

having blends with i don't own some

36:21

names of i've made your grandma's name,

36:23

you know or just names that evokes

36:25

your direct connection. Does you've got his

36:27

double connects and you've got your Grandma.

36:30

And growing up and then going to

36:32

the the T Farms and sourcing the

36:34

to yourself. I mean that is an

36:36

incredible story and I wanna see more

36:38

of that up front. I totally

36:40

agree and we've got. I have a

36:42

brand video which is very prominently displayed

36:44

on the website and we've got it's

36:46

it's receipt and I my coat my

36:48

cofounder an ice at the farmers bomb

36:51

pastures your with with the animals the

36:53

her with the cows of they're raising

36:55

and and we're out there. Shaking.

36:57

Hands with people were out there eating dinner

36:59

with them and yeah people loved to see

37:01

that they want to know where their food

37:03

comes from arm and they also appreciate I

37:06

think that.the relationship that you have with those

37:08

suppliers as was. Just for them

37:10

to see that first hand is amazing. Content

37:12

in and make some kind of fall in

37:14

love with the brand's a little more and and

37:16

two guys guys point that that should be.

37:19

All. Of your website you've gotta tell that

37:21

story is that Submit No one else to

37:23

replicate. Know else could take that from you.

37:25

Your your grandmother's sorry Grandma New Orleans I

37:27

mean are you kidding me? Toy: Honorable. Toy

37:29

differentiated and you know it's it is is

37:31

a crowded market obviously rice. If you're going

37:33

into big boss at what is it that's

37:36

going to differentiate you guys is creating that

37:38

brand and that brand story around it. And

37:40

I as a real loyal following some

37:43

death every. See sample Do it on

37:45

social all the time. Yeah, he does.

37:47

it's it's quick easy snippets to have

37:49

it on our website with the of

37:51

briefly awkward some lives and on your

37:53

bags Brand your bags and. Tell

37:56

that just a little paragraph. it doesn't have to

37:58

be a not use this season. The be

38:00

nine, six and the she

38:02

was just. Just an

38:05

amazing. Woman who was

38:07

a. Great. For some my

38:09

life so tough pay homage to her

38:11

was. Just. As. I'm

38:14

concerned. I mean, maybe there's

38:16

even like a stylized photo of her

38:18

that you would put on on an

38:20

island. Something anything like that. It's such

38:22

a cool story. I'm Brandy. It's my

38:24

take away here. He is. Consider.

38:27

Starting with Whole Foods, And.

38:30

To. Scaling America's I think I'm you have

38:32

so much experience. Obviously, you're making a great

38:34

premium product now. It's just a matter of

38:36

okay. let me take the next step. and

38:39

then it's like one sort of. Pretty.

38:41

Big step in and one giant leap after

38:43

that. I would say I'm near

38:45

with this type of product. One of the

38:47

other things when you go into retail don't

38:49

fall into the trap of try to compete

38:51

on price. You are going to be the

38:53

little guy coming into the space mean into

38:55

your story, when into the premium aspects of

38:57

the products and put a premium price on

38:59

it because people will won't have a problem

39:01

paying for it as long as they in

39:03

are you telling his story the right way

39:05

He up and t is the new wine

39:07

brandy. No one's drinking booze anymore. Everyone wants

39:09

to drink so they want the flavors they

39:11

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39:42

T. Hey,

39:44

we're getting another quick break but when we come back

39:46

and just a moment, we're gonna hear from our third

39:48

and final call. Or stay with us and Guy Rise

39:51

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netsweet.com/built. Hey,

42:33

welcome back to the Advice Line here on

42:35

How I Built This Lab. I'm Guy Roz.

42:37

Pete, what do you think? Should we take

42:39

another call? Let's do it. Alright, who

42:42

is on the line? I think it's Jake.

42:44

Is this Jake? This is Jake. How are you?

42:47

Welcome, Jake. Introduce yourself. Tell us the name

42:49

of your business and where

42:51

you from. Yeah, my name is Jake

42:53

Meyer. I own Annie Alaska, Inc. I

42:56

am from Alaska originally and

42:58

we have a commercial salmon business

43:00

out in Bristol Bay out in

43:02

the bush. And what's your

43:05

question for Pete? Yeah, my big question

43:07

is I'm trying to take

43:09

our salmon that we catch and go

43:12

the direct-to- consumer route if

43:14

I should. I'm kind of exploring all

43:16

the different options. We're in the baby

43:18

stages. I just purchased this operation I

43:20

used to work for but the

43:23

price for salmon is pretty volatile out

43:25

in Alaska. And so

43:27

what I'm nervous about is putting all our

43:29

life savings into this company and if we

43:31

get a bad price, like we're

43:33

probably going to lose a lot

43:35

of the life we've tried to build. So

43:38

that's why I'm trying to go direct to consumer,

43:40

get a little bit better margins

43:44

and make the business a little more

43:46

stable rather than just hope that there's

43:48

a good price. In

43:50

this baby stage we're pretty slim

43:52

on cash. We just invested in

43:55

two boats, four nets. I've tried

43:57

a few different marketing strategies on

43:59

Instagram and Facebook. book, we've tried

44:01

Google ads, we've tried really just

44:04

trying to get our name out

44:06

there, at least here in Utah is where we live

44:08

currently. But my questions are

44:10

like what's the best route to go

44:13

in this baby stage? Is

44:15

it advertising? Should I approach

44:18

grocery stores? A lot

44:20

of the stories that even you've told Pete

44:22

have me kind of worried about even talking

44:24

to grocery stores or should I

44:26

start those then go direct to consumer? So you

44:29

you're going to be spending the summer because

44:31

that's the season right for fishing. You're going

44:33

to be spending the summer, you yourself presumably

44:36

fishing for salmon and instead of trying

44:39

to sell it to distributors because there's

44:41

less predictability, you want to go D

44:43

to C. You want to go directly to consumers, ideally

44:45

in Utah and sell to

44:48

people there because you know that you can get better

44:50

prices. Is that is that more or less right? Yeah

44:52

that's correct. And how did you come

44:55

into this world? How did you do I mean did

44:57

you grow up fishing? Like how did you come into

44:59

to starting this business?

45:01

Yeah so I was born and raised

45:03

small little town Kenai, Alaska. It's

45:06

funny because I'm not a big fisherman.

45:09

Fishing to me is more of a job. A

45:11

lot of people die to go fish and for

45:14

some reason go throw a line out and wait for

45:16

a fish. But to me it's a job. It's not

45:19

my hobby of choice. I used

45:21

to work for a good family friend. I

45:24

was a deckhand and kind of got promoted

45:26

to a captain and I'm

45:28

making this small percentage on a

45:31

decent operation where the owners didn't really

45:33

do anything. It was very hands-off and

45:36

the last year in a month

45:38

I made $40,000 but I

45:41

was just the captain and the owners really

45:43

I saw the potential of why

45:45

don't I go buy this thing and I would

45:47

love to be in their position because I was

45:49

only making a small percentage. And

45:51

you can make enough for the entire

45:53

year easily in one season.

45:55

Like you can if it's a good

45:58

season you can crush even hundreds of thousands of dollars. right?

46:00

Yeah. The last year I was out

46:03

there on the operation and six. It's

46:05

about a six week season, but it

46:07

polls close to three hundred fifty thousand

46:09

dollars. net that says that. Wow, Spencer's

46:11

so that basically sets you up to

46:14

see you. Not to really do you

46:16

have to work for less the year

46:18

if it's a good season, right? Yeah,

46:20

and then on a bad season like

46:22

this last year it only made like

46:25

maybe forty or fifty thousand dollars. And

46:27

so that's where the ball equality of

46:29

the prices really scares. Me some excited

46:31

for the the half years but

46:34

I'm also I'm on kind of

46:36

for some storms and. Due. Due

46:38

to see yeah and I did

46:40

take touch the right. Seems like

46:42

you wanted to bring all the

46:44

salmon to Utah and then distributed

46:46

at a As and site there

46:48

but I wonder is there a

46:50

world where you would consider working

46:52

with a third party fulfillment group

46:54

to ship salmon and then and

46:56

then to maybe expand the potential

46:58

customer base from just northern into

47:00

Utah of because I keep seeing

47:02

a butcher box with on the

47:04

show but it sounds like you

47:06

want your derby fishing. The sammy her

47:09

be cleaning them and and butchering them

47:11

and you're gonna be flying them to

47:13

Utah and then delivering them to people

47:15

And mean that is an amazing That's

47:18

amazing service. So you're really going for

47:20

a very premium product, but To is

47:22

a relatively small. Customer.

47:24

Bases is at fair to say. Yes,

47:27

Maybe that's why we're just focusing on Utah.

47:29

The one thing we do our source is

47:31

for landing so there is a facility next

47:33

to our operation that will fillet it and

47:36

they have their licenses to fillet and things

47:38

like that's the window through the sack the

47:40

Us and then it's up to us. I

47:42

mean her we're gonna sell it to. So

47:44

pete if he wanted to go to grocery,

47:47

let's say. Or. How would he

47:49

starts? So going to groceries gonna

47:51

be just. Networking. write something

47:53

big walking into the grocery store and by the way

47:55

where the way i would start this is not going

47:58

to the chains i would go to independent

48:00

grocery stores first, because you're

48:02

not gonna go to a big grocery chain and say,

48:04

hey, I wanna take over all of your salmon supply.

48:07

You do need to show some track record. I

48:09

think for any new item going to a grocery

48:12

store, they do wanna see some sort of record

48:14

of success. So you've gotta show that

48:17

and get people comfortable with that. A

48:20

few other things I would think about is, how are you

48:23

gonna be packaging this? Is it gonna be in soles? I

48:25

think I read somewhere that you keep the bones in. Is

48:28

that normal or is that, or are these

48:30

usually deboned? Cause I actually don't buy a

48:32

lot of salmon, quite honestly. So I

48:34

just wanna understand. No, there's bones. You gotta get pliers

48:36

and pull them out. You gotta

48:38

eat your salmon, Pete. What we really

48:40

need Pete is we need to make a salmon

48:43

chomp. Yeah. That

48:45

would sell. So that led me

48:47

to another question for you is, if

48:50

selling the salmon fillets, if

48:53

that is kind of a difficult uphill battle,

48:55

is there some sort of value add product

48:58

whether it's can salmon or is it salmon jerky

49:00

or some other format that you can get into

49:03

to go into grocery and help build a brand?

49:05

Is that something to think about? To

49:08

get in front of people now, one of the

49:10

things that work for us the best is driving

49:12

trial and driving trial means like sampling. Like what

49:15

can I do to get my product into people's

49:17

mouths because that's what sells more chomps, right? I

49:20

think that's one of the things that you need to

49:22

do. I think it's really difficult to do that through

49:24

a website. So you getting out to, are you doing

49:26

the farmer's markets and getting

49:28

in front of people and helping them try the product

49:30

first hand before asking them to buy? So

49:33

not yet an issue with farmers markets

49:35

it's right during our salmon season. So

49:37

we're gone for most of them. We

49:40

do have a farmer, they're

49:43

pretty popular here in Utah that they sell a lot

49:45

of fruit. And we have him on

49:47

board. He wants 3000 pounds to just sell out

49:49

of his and that'll hopefully

49:52

get the word out. And we've given it

49:54

out to everybody we know here in Utah

49:56

and we've gotten a few orders from there.

50:00

have about 500 pounds ordered, but

50:02

it was just this excitement on like Facebook

50:04

Marketplace was literally where 90% of the 500

50:06

pounds came from, and then it just

50:10

kind of died. But Jake, you

50:12

now have a few months before the

50:15

season starts, right, before you

50:17

are actually in Bristol Bay or wherever you're

50:19

gonna be fishing for the salmon,

50:22

you have to use this time to sell and

50:24

sell and sell, right? And so I'm looking at

50:26

your website, I'm reading a little bit about you,

50:28

I see that you are a missionary for

50:30

the Church of Jesus Christ of Latter-day Saints.

50:33

It would seem to me that the

50:35

natural place to start is in your

50:37

community, right? It is with the people

50:39

you know emails, ask

50:42

them to email people. I'm sure you've done versions

50:44

of this, but you've got to do it again

50:46

and again. I mean, you know this as a

50:49

missionary, you gotta knock on a hundred doors before

50:51

one person's gonna talk to you, right? So it's

50:53

about persistence, about going out there,

50:56

talking about your product, and because

50:58

it's your first year, you've

51:00

got to start with the people you know,

51:02

because it's next year that you're working

51:04

on. It's the repeat orders and the other people

51:07

who are like, wow, where can I get that

51:09

amazing salmon, right? Does that make sense? Yes,

51:11

a hundred percent, and to

51:13

be honest, I also, I did, after I

51:16

fished on this boat, I went and did

51:18

five years of door-to-door sales for

51:20

solar out in California. Amazing! And I

51:22

could go knock doors if that's what

51:24

it's gonna take, but are

51:26

there better routes to get it

51:28

off the ground? What if you can

51:31

cut a deal with a local restaurant? What if you go

51:33

to some local restaurants and say, look, I'm

51:35

gonna bring the best salmon in the United

51:37

States here to Utah, and I will,

51:39

you know, I will sell it to you for, you

51:42

know, $12 a pound or something like

51:44

that. It's just, just to see, but

51:46

in exchange, I want you on your

51:48

menu to say, you know, this comes

51:50

from any Alaska, from Bristol Bay. Something

51:53

like that. I've made a few phone calls there,

51:55

and of course, probably not enough. I just don't

51:57

know. Should I go that route? Should I keep

51:59

knocking? Knocking those doors or

52:01

which way to go? Knocking

52:04

on doors is going to be your best bet, like hands

52:07

down. I mean if I could scale that with what

52:09

I do, I would do that all day long because

52:11

I'm going to get to sale man every time. And

52:14

to be honest with you, someone actually knocked on

52:16

my door yesterday selling meat and fish and

52:18

my wife's like, took his card and she's going to call him

52:20

and she's going to order stuff. So it

52:23

works and it worked at our house. So a

52:27

few things here. So you have a really cool

52:29

story. I was looking on the website, just reading

52:31

about the family, the whole family angle, where

52:33

you started, the fact that you like knocked

52:35

on doors to go raise enough money to

52:38

start this business is also really cool. I

52:40

think you have a goldmine of various

52:43

types of content that you should be

52:45

putting out, getting out there, getting footage

52:47

of you guys actually catching the fish.

52:50

People want to find out, they want to know where the

52:52

product came from. This does not cost a lot of money.

52:54

You could use your iPhone, put it on your

52:57

social media channels, get it on TikTok, you

52:59

can get it on Instagram. I

53:01

think you have to start telling your story. Even

53:04

if you've got 10 followers, people, you've got

53:06

the benefits of wild salmon on your website,

53:09

but shout it from the rafters. Go just

53:11

use your iPhone, go walk around wherever you

53:13

are, if you're in Alaska or in Utah

53:15

and say, wild salmon is different than farm

53:18

salmon. Farm salmon is not the

53:20

same thing and you only get fresh wild

53:22

salmon these months of the year and I

53:24

can get it to you. Here's what's amazing

53:27

about wild salmon. Yeah, Jake, I think leaning

53:30

into recipes and cooking, if you could work with some

53:32

chefs or maybe if your wife or you are a

53:34

good cook, start doing that, show

53:36

people how to use the product. I

53:38

would probably leverage it. People get excited about the product

53:40

being delivered to them or

53:43

just again, reviews, people eating their dinner

53:45

and enjoying your product and have them

53:47

talking to the camera saying this is

53:49

amazing, you should order it. What

53:52

you're talking about is exactly what you should be

53:54

focused on, Jake, which is setting yourself up for

53:56

year two. Year one, it's going

53:58

to be all about nine. Working on doors,

54:00

talking to people getting people to restaurants

54:03

whoever you can order a year to,

54:05

it's getting those people who ordered to

54:07

do exactly what Peta saying to write

54:09

reviews to post them on the web

54:11

sites. job have photos of which are

54:14

doing a recipes and you can take

54:16

one your salmon Yale, salmon tails and

54:18

a make grub lox right? Salt, sugar,

54:20

some deal you read that thing up

54:22

and slice of them. You. Know

54:24

how delicious that is right? Yeah, of course

54:27

none were were biggest consumer as has else.

54:29

we eat it all the time. I super

54:31

believe in it. To. Give have

54:34

content from you guys fishing. Yeah, it's is

54:36

not professional and my wife and I were

54:38

were both china marketed and I'm the guy

54:40

that I just want to push it. push

54:42

it, push it, push it. And she's kind

54:45

of the one that I know. That that

54:47

that doesn't look good, That doesn't. Look

54:49

professional, just get pushed that out to

54:51

just put it out. That. A specific

54:53

I think if you could just tell your family,

54:56

your your story. Exactly. As as

54:58

what's on the website. Tell that to

55:00

the camera, talk, talk to it, make

55:02

a thirty second video and get every

55:04

everybody you can share it. Now gearing

55:06

up for as this season on. And

55:09

they give you spend a couple days working on magically

55:11

Even Doesn't have to be the best in the continent.

55:13

Their quality of the video. Do not even worry about

55:15

that because people totally get out. Or

55:17

it take my take away for you

55:19

is. Not. Lock lox sell

55:22

sell, sell, Still, Out there

55:24

now and start thinking about building your

55:26

customer base for next season. This for

55:28

seasons Emil a Harder but she gotta

55:30

go out there and you've got a

55:32

pound the pavement and you've just gotta

55:34

make the sale. You know how to

55:36

do it clearly. So. You got

55:38

a start? Over do that. People.

55:41

but. I'm I'm fired up by the

55:43

Us. I think you're you're You're on the some

55:45

big here as since you've I am. I commend

55:47

you for him pivoting the way you have and

55:49

doing all the things that you've you've done to

55:51

get to this point. But don't stop now because

55:53

you used to take indoors as a good attitude.

55:55

again exactly what guy said. That's your big opportunity

55:57

the you go shaking hands with people, the telling

55:59

them what you're working on and they're gonna want

56:01

to support you. Take. My are

56:04

any Alaska? Good. Luck will be

56:06

falling. You think so much of a knock

56:08

on doors? And I

56:10

really wanted some grub lox right now. I can't

56:12

be your like a paleo guy. Can't leave. You

56:14

don't need Sam. I don't. You know I don't

56:16

need any specified on Potter. And them

56:18

and Dahlia as I am in Florida

56:20

stays warm Yet how to my he

56:22

A gruber, a snapper and I smoked

56:24

salmon I've had. I've had a front

56:27

of my May that was amazing. South's

56:29

if I could replicate that I would

56:31

do it. Nine come to my house

56:33

your muscle cell on that same year

56:35

up here in the Bay Area. Awesome!

56:37

On and Pete we've had bagels and

56:40

salmon. And t I mean I

56:42

love it. I mean this will have of

56:44

are so that we though that everyone who

56:46

listens lost his entrepreneur or has business A

56:48

lot of people do and they're set This

56:50

I mean you were there you are. They.

56:52

Are not the laws of trafficker out or it how

56:54

we get this? Meet stick

56:56

into one store and and five stores.

56:58

And and to five Down Source: Exactly

57:01

Again, it's as being bold and getting out

57:03

and doing things that other people won't And

57:06

as I think that's the name again, And

57:09

you're gonna get knows. I think that's

57:11

the biggest thing you'll hear more knows

57:13

the Nasa's as. By. Prisoners everywhere I

57:15

go. but it's about being resilience, set your

57:18

eyes in the prize that your vision and

57:20

do not break. it was keep our deal.

57:23

By the if you guys haven't heard

57:25

the tops episode it is so good.

57:27

It's full of the best kind of

57:30

things that we love our show. failure,

57:32

setbacks, you know crises, disasters and then

57:34

this incredible a success story to check

57:36

it out and thank you for listen

57:38

to the show this week. If you

57:41

are working a business and you would

57:43

like some advice one of the other

57:45

so I'm send us a one minute

57:47

message that tells us about your business

57:49

and issues are questions that you like

57:52

help with. And please make sure to

57:54

tell us how to reach. You can

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send us a voice memo at. Each

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58:00

can call 1-800-433-1298 and you can leave a message

58:02

there and we'll also put all this

58:08

info in the podcast description so you can see it

58:10

on your smartphone. Thanks for listening, Pete. Thank

58:12

you so much. Thank you for having me. Appreciate

58:15

it. And once again, if

58:17

you want to be on the show, give us a call 1-800-433-1298

58:19

or send us a voice memo to hibt at id.wondery.com. This

58:26

episode was produced by J.C. Howard with

58:29

music composed by Ramtin Arablui. It was

58:31

edited by John Isabella. Our audio

58:33

engineer was Gilly Moon. Our production

58:35

staff also includes Alex Chung, Carla

58:37

Estesvez, Casey Herman, Chris Messini, Elaine

58:39

Coates, Catherine Seifer, Gary Thompson, Malia

58:41

Agadello, Viva Grant, and Sam Paulsen.

58:43

I'm Guy Roz and you've been

58:45

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58:48

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59:08

Apple Podcasts. Prime members can listen

59:10

ad-free on Amazon Music. Before you

59:12

go, tell us about yourself by

59:14

filling out a short survey at

59:16

wondery.com/survey. Back in the 90s,

59:19

Pepsi and Coca-Cola were in a

59:21

heated race to try and win

59:23

loyal customers by any means necessary.

59:26

But when Pepsi launched an ambitious

59:28

promotion that encouraged people to buy

59:30

Pepsi and redeem points for prizes,

59:32

they overlooked their own fine print

59:35

in a major way. I'm Misha

59:37

Brown and I'm the host of

59:39

Wondery's podcast The Big Flop. Every

59:41

week, guests join me to chronicle

59:43

one of the biggest pop culture fails

59:46

of all time, like Who at

59:48

Pepsi? I thought it would be a

59:50

good idea to advertise that people could

59:52

earn enough points to redeem a military

59:55

jet as a prize. They never imagined

59:57

somebody might act like a

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