Taste Radio
Ep. 225: How The Founder Of Stacy’s Pita Chips Went From Struggling To Find Laundry Quarters To A Quarter-Billion Dollar Exit
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:45:25
- More information
Informações:
Synopsis
A few months before launching Stacy’s Pita Chips, co-founder Stacy Madison was struggling to find quarters to pay for her laundry. That became less of an issue a few years later, when she sold her company to PepsiCo for a reported $250 million. A social worker by training, Stacy founded Stacy’s Pita Chips with ex-husband Marc Andrus in 1997. By the time the brand was acquired in 2006, its products were distributed nationally and generating $65 million in annual revenue. In an interview included in this episode, Madison explained that the story of how her namesake chips became a grocery staple has little to do with a sophisticated business strategy and was instead driven by a determination to never again scrounge for laundry quarters. Within our conversation, she shared essential lessons learned from building her company, including those that she’s applying to her latest venture, BeBold, a brand of nut-based refrigerated energy bars, and as an advisor for Stacy’s Rise Project, a grant and mentorship program