Success story of Stacy's Pita Chips and Bebold Energy Bars
TLDR Stacy Madison, co-founder of Stacy's Pita Chips, started her successful snack company by baking leftover pita bread into chips, securing loans for expansion by showing potential demand, and eventually selling the company to start new ventures like Bebold energy bars.
Timestamped Summary
00:00
Stacy Madison of Stacy's Pita Chips was one of the businesses featured on the podcast.
02:35
Stacy Madison and her team, who had no prior experience in the food industry, accidentally started their successful snack company by baking leftover pita bread into chips and giving them away for free until people were willing to pay for them.
04:49
Stacy Madison's snack company, Stacy's Pita Chips, benefitted from the natural food trend early on due to their simple ingredient list, faced challenges in funding and potential competition from larger companies, and initially operated out of borrowed space before expanding to their own factory.
06:52
Stacy Madison secured loans for expanding her business by showing potential demand from customers like Trader Joe's, allowing Stacy's Pita Chips to grow without taking on additional outside funding.
09:09
Stacy Madison's passion for the food business grew as others started to believe in her, leading to the eventual sale of Stacey's Pita Chips and the start of new ventures like Bebold energy bars and a juice bar.
11:28
Stacy Madison feels the pressure and nerves of starting a new venture with Bebold energy bars, but is fueled by the confidence and belief of her team members who have joined her on this journey.
13:44
Stacey Madison, co-founder of Stacey's Pita Chips and founder of Be Bold Energy Bars, was a guest at the How I Built This Summit in San Francisco.
Categories:
Business