Episode Transcript
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on how I built this lab.
3:00
I'm Guy Ross. This is the
3:02
place where we help try to
3:04
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3:06
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3:11
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at Guy ross.com. And we'll put all
3:48
this info in the podcast in the
3:50
podcast description. All right. Let's get
3:52
to it. Joining me this week is
3:54
Jenny Britton. She's the founder of Jenny's Splendid
3:56
Ice Creams. Jenny, it's great to have you
3:58
back on the show. Hey Guy, it's so,
4:01
so great to be back. You were
4:03
a guest on the show back in
4:05
2018. We did a live show in
4:07
Columbus, Ohio. It was so fun. And
4:10
by the way, guys, if you haven't
4:12
heard that original episode, we will put
4:14
a link in the episode description. You,
4:16
of course, started Jenny's. Your first location
4:19
was in a food hall, and then
4:21
you opened your first scoop shop a
4:23
few years later. And I think most
4:25
people know your ice cream. Cream powder
4:28
jelly donut and brambleberry crisp and Texas
4:30
sheetcake. And my current favorite, I have
4:32
to say, brown butter brittle. That's my
4:34
favorite. Yeah, we have a pint and
4:37
a half. My son eats a pint
4:39
of your ice cream like almost daily.
4:41
It's very, it's just really amazing when
4:43
they're growing how much ice cream they
4:46
eat. Yeah, well, I know that very
4:48
well too. My kids eat a lot
4:50
of ice cream as well. We are
4:52
an ice cream family, of course. But
4:55
yes, that one's my favorite too, and
4:57
the one that I always, always, always,
4:59
always have in my freezer. It's so
5:01
good. Today, your ice creams are sold,
5:03
I think in about 80, at least
5:06
80 scoop shops, across the country, 12,000
5:08
retail locations. You built an incredible business.
5:10
Jenny, before we get to today's call
5:12
today's callers, I want to you a
5:15
couple questions about your story. were in
5:17
college, right? You had this moment when
5:19
you knew you want to make ice
5:21
cream, right, basically for the rest of
5:24
your life. And you dropped out of
5:26
the Ohio State University to start what
5:28
would become jadees, first called scream ice
5:30
cream. Yeah, in 1996 I walked out
5:33
of art class, literally. I mean, yeah,
5:35
you walked out. And so a lot
5:37
of, you know, a lot of collars
5:39
have asked this in the past, which
5:42
is when, like, how do you know
5:44
that it was the right thing to
5:46
do at that that time? It wasn't
5:48
something that I sat and thought, is
5:50
this really right? Is it not right?
5:52
I just knew that I couldn't do
5:54
art anymore. And I had spent my
5:56
entire life in art. My grandmother's an
5:58
art teacher. My mother's an artist. And
6:00
it just wasn't for me anymore. I
6:02
just wanted to be making ice cream
6:04
and I wanted to be serving ice
6:06
cream and I wanted to light people
6:08
up in that way and I didn't
6:10
know at all what I was doing
6:12
and I just thought it was just
6:14
gonna be you know you make ice
6:16
cream you serve it people love it
6:18
and then you know you become Ben
6:20
and Jerry's overnight yeah right and obviously
6:22
that's not true you know that was
6:24
just the beginning yeah I think a
6:26
lot of people assume that brand start
6:28
in you know, coastal cities, LA, New
6:30
York, San Francisco. But you started this
6:32
in Columbus and built a national brand
6:34
really on the sheer force of the
6:36
quality of the product and the branding
6:38
and the look of it. Tell me
6:40
why do you think Columbus turned out
6:42
to be the perfect place where you
6:44
launch the business? Columbus is a perfect
6:46
place and these smaller markets are really
6:48
perfect for a lot of reasons actually.
6:50
I was in Columbus and one of
6:52
the reasons that I wanted to be
6:54
an ice cream maker is because I
6:57
drove by farms every day. You go
6:59
20 minutes outside of downtown and you're
7:01
driving by dairy farms. So I knew
7:03
that we were a dairy state because
7:05
I saw it in front of me.
7:07
So I thought, okay, great, it's awesome
7:09
for ice cream. And we forget that
7:11
a lot of innovation can come from
7:13
the middle of the country, whether it's
7:15
in food, especially in food, where we
7:17
have ag states. But also, when you're
7:19
in a smaller, small to mid-sized city,
7:21
the city gets behind it in a
7:23
different way. You know, you can really
7:25
try things and also fail a lot,
7:27
and people still stick with you. And
7:29
I have noticed that in big cities,
7:31
everybody's trying new things. Everybody's got something
7:33
going on, and it's really hard to
7:35
stand out. And, of course, the cost
7:37
of doing business is lower. Just the
7:39
start-up costs are lower, in a place
7:41
like Columbus versus Brooklyn, Brooklyn, New York.
7:43
you know, rent and paying people and
7:45
all the things that you have to
7:47
do in Brooklyn that would be different
7:49
from Columbus. Yeah. And here we can
7:51
put it all in the ice cream.
7:53
And that's just a huge difference. Yeah.
7:55
Jamie, before we get to our callers,
7:57
you have a new product that you've
7:59
launched. I think it's a completely separate
8:01
company. It is. Yeah. These are energy
8:03
bars or bars, but they're like high
8:05
in fiber, like 13, 14 grams of
8:07
fiber per bar. Tell me about this
8:09
new business that you've launched. Yeah, Flora
8:11
is a fiber company. We actually make
8:13
fiber or pull fiber from produce trimmings.
8:15
So we are located actually inside of
8:17
a 600,000 square foot produce processing company
8:19
that. makes cut produce for all your
8:21
favorite grocers. Like baby carrots or you
8:23
know stuff like that? Mott's apples for
8:25
instance. And so we can take the
8:27
apple cores and then make them into
8:29
a paste which becomes the base of
8:31
our bars. And so we also work
8:33
with watermelon rines. We actually ferment the
8:35
watermelon rines a little bit, which opens
8:37
up cellulose and pectin and prebiotic fiber
8:39
there. We work with honey tube, cantalope,
8:41
rines, mango skins. These are really high
8:43
in fiber. And then 95% of Americans
8:45
are deficient in fiber. And it's the
8:47
cause of many chronic illnesses across America.
8:49
So I don't know, you know, people
8:51
are like, how do you go from
8:54
ice cream to fiber? And to me,
8:56
it's just the same thing. It's about
8:58
making people feel better. I learned after
9:00
I was able to kind of step
9:02
back a little bit from Jenny's over
9:04
the last five years, how important fiber
9:06
is and how absent it is from
9:08
our food system. And we really need
9:10
this to have a healthy microbiome. So
9:12
yeah, so Flora exists to get people
9:14
fiber every day. That's so cool. Congrats
9:16
on that. It's really true. I mean,
9:18
I... I eat so many vegetables and
9:20
I still add cilium husk to my
9:22
morning smoothie. I eat cheese seed pudding
9:24
every day. We don't eat enough fiber.
9:26
And you have to work to do
9:28
it. You have to actually try. It's
9:30
really hard. It's really hard. And also,
9:32
you know, of course, there's this sustainability
9:34
aspect because all of these ingredients were
9:36
going into the landfill, but they are
9:38
really good for you. You should be
9:40
eating them. Yeah, for sure. Well, all
9:42
right. Well, all right. All right. Well,
9:44
all right. All right. All right. Let's
9:46
bring in our first caller. Hello, welcome
9:48
to the advice line. You're on with
9:50
me and Jenny Britton. Welcome. Please tell
9:52
us your name, where you're calling from,
9:54
and just a little bit about your
9:56
business. Hey, guys. Hey Jenny, my name
9:58
is Jesse Koenig, I'm calling in from
10:00
Washington DC. I'm one of the co-founders
10:02
of Jesse and Ben's and what makes
10:04
our fries special is that we don't
10:06
use seed oils or any weird ingredients,
10:08
it's just non-GMO potatoes, healthy fats like
10:10
grass-fed beef tallow or avocado oil and
10:12
salts and seasonings, that's it, just real
10:14
ingredients you can pronounce and none of
10:16
the bad stuff. incredible. I love it.
10:18
Welcome to the show Jesse. Thanks for
10:20
calling in. So these are you these
10:22
are sold frozen in a bag like
10:24
that you would get at the grocery
10:26
store in the freezer aisle. Exactly. Yep.
10:28
They are frozen french fries you'd find
10:30
right in the freezer aisle next to
10:32
some of the big red bags you
10:34
probably recognize from from a long time
10:36
they've been there. And then you take
10:38
them home and you just put them
10:40
on a baking sheet and you bake
10:42
them? Yeah exactly right in the air
10:44
fryer. Air fryers great. People love their
10:46
air fryers. I like to make them
10:49
in the oven too. They're great in
10:51
the oven as well. It's kind of
10:53
like a twice fried Belgian style fry
10:55
you get at a restaurant and we
10:57
do the first fry and you're basically
10:59
doing that finished cooking at home either
11:01
in the air fryer or in the
11:03
oven. I got it cool. Well tell
11:05
me a little bit about how you
11:07
started the business. Our background is actually
11:09
in restaurants and you say are you've
11:11
got you've got a partner that's that
11:13
would be Ben that would be Ben
11:15
exactly I guess the Ben and Jesse
11:17
and Ben's yes we're the guys behind
11:19
the fries I'm one half of the
11:21
equation being Jesse right at night we
11:23
met in college we were friends we
11:25
decided this brilliant idea that we were
11:27
going to get into the food industry
11:29
with no experience jumped right into it
11:31
in DC in 2014 with food with
11:33
food in 2014 with food and farmers
11:35
markets and kind of running around the
11:37
city what kind of food It actually
11:39
started out with gourmet grass-fed beef spiral-cut
11:41
hot dogs of all things. It was
11:43
a very niche, funky thing. Hand-cut fries
11:45
were a huge part of the menu
11:47
from day one. And we eventually pivoted
11:49
the concept a little bit more into
11:51
the burger space and building a better
11:53
fast food concept. We've had our best
11:55
year ever in 2019. We signed our
11:57
first lease getting ready to open. in
11:59
May. And that actually led us to
12:01
this kind of idea for french fries
12:03
because we were trying to solve a
12:05
problem at our restaurant. We were hand-cutting
12:07
fries for our food trucks and farmers
12:09
markets and now this new restaurant and
12:11
we thought we need to survive. We
12:13
don't know what we're going to do.
12:15
What if we could use a frozen
12:17
french try? But since it's always been...
12:19
a core part of our business from
12:21
the earliest days. We couldn't sacrifice the
12:23
quality of our fries. We decided to
12:25
make our own frozen french fries because
12:27
the only one we could find that
12:29
we really worked. And then we had
12:31
these frozen fries and we walked the
12:33
grocery store aisles and we just saw
12:35
that sea of sameness we learned about
12:37
from being long-time listeners of how I
12:39
built this and realized there was a
12:41
real problem that needed solving. Amazing. All
12:43
right, just to clarify though, these are
12:46
sold. In stores, not direct to consumer,
12:48
it's kind of hard, I'm assuming to
12:50
ship these, right? Yeah, we've had people
12:52
all over the country trying to get
12:54
us to ship french fries, which we've
12:56
decided not to do for the time
12:58
being. Dry ice, it's hard. So where
13:00
are they sold? How many shops or
13:02
grocery stores are you in right now?
13:04
So we just launched into retail in
13:06
June of last year. So June 2024,
13:08
so... We've got a lot going on
13:10
this year and we're just trying to
13:12
figure out one step at a time
13:14
of what to do next. All right,
13:16
what's your question for us today? Yes,
13:18
my questions related to just how we
13:20
should focus our marketing efforts. I know
13:22
we're a... you know, small business, we
13:24
don't have the budgets of the big
13:26
guys, and we're getting ready for this
13:28
nationwide launch and sprouts, and we're trying
13:30
to think about, you know, as we
13:32
get into these new places, how should
13:34
we be allocating our resources and our
13:36
time and our budget? On one hand,
13:38
it seems like there's a good case
13:40
to be made to go and find
13:42
the people that are already removing ultra-processed
13:44
foods and seed oils from their diet
13:46
because they kind of get it, they
13:48
can be those early brand evangelists, It
13:50
kind of seems like it could make
13:52
sense to go find people who are
13:54
buying lots of fries and don't even
13:56
know about this problem. And if we
13:58
can... educate them and get them to
14:00
know, hey, these fries not only taste
14:02
better, but they might be better for
14:04
you and your family too. So we're
14:06
just trying to figure out how we
14:08
should, you know, really focus our effort
14:10
when it comes to marketing as we're
14:12
rolling into new places. All right, we'll
14:14
get to your question a moment. I
14:16
want to bring Jenny in. Jenny, you
14:18
may have some answers to this question,
14:20
but you may have questions of your
14:22
own before we get to it. Hi
14:24
Jesse. Hello. Congratulations on your business. Thank
14:26
you. How cool. It's amazing. I feel
14:28
like there's like a problem with like
14:30
french fries right now. You guys identified
14:32
it inside your company where it's like
14:34
you can't actually buy like decent french
14:36
fries, but making them is actually really
14:38
hard too. And if you're feeling it,
14:40
I think the consumer is feeling it
14:43
as well. I would love to know
14:45
where are you manufacturing? How are you
14:47
manufacturing these? So we make all of
14:49
our own french fries ourselves. We actually
14:51
just opened a brand new 6,000 square
14:53
foot facility in Rockville, Maryland. Because we
14:55
are doing grass-fed beef tallow and avocado
14:57
oil, and we think we have a
14:59
very true-to-form process for these hand-cut, Belgian-style
15:01
fries, we don't really think there is
15:03
an option elsewhere to do co-manufacturing that
15:05
part of the process. So we do
15:07
it all. That's actually kind of what
15:09
Ben's specialty is. And what are your,
15:11
I mean, your established businesses, are people
15:13
just sort of super excited about the
15:15
fries? You know, I mean, is that
15:17
something that, I mean, it sounds like
15:19
it. But in addition to your burgers
15:21
and the dogs and everything. Yeah, at
15:23
the restaurant level, I think for us,
15:25
we were able to execute on making
15:27
a fry that tastes as good as
15:29
any frenchra you ever had, but. the
15:31
sort of magic behind the scenes for
15:33
us as operators is that we just
15:35
open up a bag of our Jesse
15:37
and Ben's fries, drop them into the
15:39
fryer and we've got a great french
15:41
fryer right there. And we actually do
15:43
sell fries to other restaurants. It's kind
15:45
of a sneaky wholesale business that we
15:47
have that helps us grow our business
15:49
and run our manufacturing plant profitably. Hopefully
15:51
that's the idea at least. Easier said
15:53
than done. Totally. It's really interesting. Can
15:55
you give me a sense of what
15:57
your what your what your sales are
15:59
what your sales are right now with
16:01
the fries are right now with the
16:03
fries? Yeah, so in our first 12
16:05
months in business we've done into seven
16:07
figures in sales. Great. So it's been
16:09
going pretty quick. Incredible. Let me let
16:11
me try to get a crack at
16:13
your question because I think there's a
16:15
parallel with what Jenny's done and you
16:17
mentioned this is an idea of like
16:19
a higher quality version of something that
16:21
you were used to, right? There's a
16:23
lot of awareness on social media about.
16:25
about seed oils and people are getting
16:27
sort of weirded out about about using
16:29
them. And there's still some disputes about
16:31
whether that's, you know, accurate or not.
16:33
But I think that most of the
16:35
people that you want to appeal to
16:37
aren't really going to care about that
16:40
as much yet. I still think it's
16:42
new. I think most of the people
16:44
are just going to like your product
16:46
because it's delicious. It's a higher quality
16:48
product and you can taste it. Do
16:50
you do you think there's something to
16:52
that, Jenny or do you disagree? I
16:54
really do. If you go super deep
16:56
on the seed oil thing, that science
16:58
has not reached consensus yet. So it
17:00
can be fad-like right now. And so
17:02
you don't want to just be known
17:04
for that. People who follow that will
17:06
find you. They'll see Talo, they'll see
17:08
avocado, and they'll find you. They'll see
17:10
avocado oil, and they'll find you. But
17:12
I will say, there is another component
17:14
or an element that you're in grocery.
17:16
their customers, it's the buyer. And what
17:18
the buyer wants to see is, yeah,
17:20
sure, you can split some votes, that's
17:22
okay. Are you bringing new people to
17:24
the category? And so the new people
17:26
that you're bringing, sure, it's some of
17:28
the seed oil people, it's some of
17:30
the health conscious people, it's also just
17:32
people who love fries, who just don't
17:34
think you can get good fries in
17:36
the grocery store, and you can't make
17:38
them at home. What are you guys
17:40
doing for sampling? I mean, do you
17:42
have air fryers set up in some
17:44
of these grocery stores and just handing
17:46
out hot fresh fry while you're shopping
17:48
for groceries? I mean, my God. We've
17:50
done it a couple of times. We
17:52
actually just were joking. serious but joking
17:54
about this idea of like what if
17:56
we just got a giant food truck
17:58
and drove it down the East Coast
18:00
and had a French ride tour bus
18:02
and just did cool activations but I
18:04
think tasting definitely is believing we've had
18:06
a lot of success just finding these
18:08
really influential people online and on social
18:10
media ceding out the product having them
18:12
give honest reviews and giving their experience
18:14
and that's been really effective but I
18:16
think you're right we When you put
18:18
an air fryer out and you give
18:20
somebody a couple french fries in the
18:22
grocery store, it's very hard to keep
18:24
them on the shelf. We're selling out
18:26
stores that way, definitely. Yeah, and you
18:28
go right to your customer in the
18:30
grocery store. I mean, it's a really
18:32
great way. Sir Kensington's actually did a
18:34
really cool thing. You should partner with
18:37
it. Sir Kensington's actually did a really
18:39
cool thing. You should partner with them.
18:41
You should partner with my whole foods.
18:43
Yeah, I mean, you're like, as Jenny
18:45
said, like, when people would ask her
18:47
to describe the flavor, she would say,
18:49
we packed more, as much chocolate into
18:51
this pine as we could possibly get.
18:53
When you have people, trained people, who
18:55
are sampling Jesse and Ben's at Sproughts
18:57
or wherever it is, then they can
18:59
say, and it's made with avocado oil
19:01
or beef tallow, and, you know, whatever
19:03
the pitch is, I mean, here you
19:05
know, it's gonna change your mind about
19:07
oven fries and about oven fries and
19:09
fries and fries and it's available in
19:11
the freezer fries and it's available in
19:13
the freezer. I love that. That's a
19:15
pretty good pitch too, guy. We have
19:17
to hire you to do some samples.
19:19
I love selling other people's products for
19:21
them. I think it's so great. And
19:23
in fact, it's a good thing to
19:25
do to listen to how other people
19:27
talk about your products, because you'll talk
19:29
about it one way, but listen to
19:31
what other people are saying. And then
19:33
also when you're thinking about your pitch,
19:35
to your customers, think about what do
19:37
I want them to say to say
19:39
to other people? and talk to them
19:41
the exact way because what you say
19:43
they often sort of say in your
19:45
words to somebody else. And that word
19:47
of mouth is going to be everything.
19:49
I think that's great advice. I really
19:51
appreciate the help. Jesse Koenig, the brand
19:53
is called Jesse and Ben's. Thanks for
19:55
calling in. Good luck, thanks so much.
19:57
You really appreciate you guys. Great having
19:59
you. Yeah, I
20:01
love french fries and Jenny, you
20:03
know, french fries and a great
20:06
steak for me is like one
20:08
of the greatest moments ever. Oh,
20:10
same. I'm really excited about this,
20:12
this tallow and sea salt though
20:14
and I agree, like I know
20:16
a lot of people are talking
20:19
about tallow, but you know, like
20:21
we're just going back to like
20:23
some first principles of like how
20:25
do you make great french fries?
20:27
I know I'm in the Midwest,
20:29
so I'm hoping that my stores
20:31
carry them. Okay, next step after
20:34
the break, another caller with another
20:36
business challenge. I'm Guy Ross and
20:38
we're answering your questions right here
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23:01
shave, welcome to the
23:03
club. Welcome back to
23:05
the advice line on
23:07
how I built this lab.
23:10
I'm Guy Ross and my
23:12
guest today is Jenny's
23:14
Splendid Ice Creams, founder
23:17
Jenny Britain. Jenny, why
23:19
don't we? Let's take
23:22
her another call. Okay.
23:24
Welcome to the Vice Line. You're on
23:27
with Jenny Britton. Please tell us your
23:29
name, where you're calling from, and
23:31
just a little bit about your
23:33
business. Hello, nice to meet you,
23:35
Brooke. My name's Casey White, and
23:38
I'm calling from Boston, Massachusetts, and
23:40
I'm the co-founder of Jaju Perogi.
23:42
And we specialize in high-quality Polish
23:45
jumplings at scale, using our grandfathers
23:47
recipes to grocery stores throughout the
23:49
country. Amazing. Well, thanks for
23:51
calling in, Casey. And so, parogi's
23:54
dumplings, these are, I think most
23:56
people know they are, stuffed with
23:58
potatoes and cheese. and I think
24:00
you can get it with meat. You
24:03
can put anything you want and it's
24:05
inside pasta, right? So we make a
24:07
bunch of different flavors from potato and
24:09
cheese, colbasa, which is a pork sausage
24:12
and red belt pepper, a sweet potato,
24:14
caramelized onion, a Halipino cheddar, can name
24:16
it, we can put it inside. Yeah.
24:18
So this sold frozen in bags in
24:21
the grocery store and like you just
24:23
heat it up in the oven. Yeah,
24:25
so we boil them and freeze them,
24:27
so you can air fry them, you
24:30
can bake them. My favorite is sautting
24:32
that with some butter oil for about
24:34
8 to 10 minutes on the stove,
24:37
you could even microwave them if you
24:39
wanted to, so just reheating them. And
24:41
tell me how you started the business,
24:43
tell me the story behind it. Yes,
24:46
so my sister and I grew up
24:48
on our grandfathers, Progi, so Jaju is
24:50
our brand name, and that's the phonetic
24:52
spelling of Grandfather of Grandfather in Polish.
24:55
So we grew up on his parogi
24:57
and always had them, like in the
24:59
freezer, like our craft mac and cheese,
25:01
like that was our snack, our go-to
25:04
thing. All of our friends would ask,
25:06
hey, where did you get those? Like
25:08
I can't find handmade dumplings anywhere. And
25:10
we were like, really? Because we always
25:13
had them. So we just assumed that
25:15
everybody had them. Yeah. Yeah, so. We
25:17
actually drove back to our grandfather's store
25:19
and found his handwritten recipes in the
25:22
back of the store and just started
25:24
tinkering on our kitchen table and kind
25:26
of like that small business story right
25:28
started going to pop-ups, farmers markets. We
25:31
started doing this around the time and
25:33
breweries were like really hot and new
25:35
so parogee and beers like the perfect
25:37
combination so we would hop around and
25:40
do that and quickly realized that yeah
25:42
people could not find parogi anywhere. People
25:44
were like driving from neighboring states to
25:46
come to our events. It was crazy,
25:49
but it was awesome. So we kept
25:51
going with it once we saw that
25:53
demand. Wow, that's super cool. All right.
25:55
So you're not sold direct to consumer
25:58
or you are? We do sell. direct-to-consumer
26:00
on our website. We don't do, it's
26:02
on a large part of our business
26:04
because as you said before, you know,
26:07
frozen is pretty expensive. It's challenging, yes.
26:09
Yep, not easy to do, but we
26:11
do offer it, but most of our
26:13
business is to grocery, so now we're
26:16
in about 2,700 stores throughout the country,
26:18
Whole Foods, sprouts, a lot of stores
26:20
in the natural channel, and then we
26:22
still do... We do have a big
26:25
event part of our business that we
26:27
still operate mostly in the summer months,
26:29
like music festivals and stuff like that.
26:31
Right. And give us a sense of
26:34
your sales right now. So last year
26:36
we finished at 2.5 million. That's great.
26:38
This year we should do almost four
26:41
because we're actually getting into Costco, which
26:43
is exciting. Oh, wow. All right. So
26:45
before we dive in with more questions.
26:47
What's your question for us? So my
26:50
question is, how does a company sustainably
26:52
grow in the CPG industry without raising
26:54
a ton of capital or is raising
26:57
a ton of capital just part of
26:59
the equation? All right, big question and
27:01
Jenny, I know you've got a lot
27:04
of thoughts on that. Jenny, questions for
27:06
Casey? Hey Casey, first of all, congratulations.
27:08
What an accomplishment, I mean, to have...
27:10
2,700 plus stores is, I mean, I
27:13
know from my experience at Jenny's, this
27:15
is a slog that is not easy
27:17
to do, and I just applaud you.
27:20
Thank you. I just, I guess, when
27:22
I think of bringing capital, I think
27:24
the first thing I think of is
27:26
that entrepreneurs are entrepreneurs for a reason,
27:29
and that's because we like to do
27:31
things our way and differently, and we
27:33
like to explore and discover and all
27:36
of that, and when you bring in
27:38
outside capital, you lose all of that,
27:40
you lose all of that. like let
27:43
go of that kind of control. Yeah
27:45
that's the hard part right because it's
27:47
like we're a very small lean team
27:49
still we've been very methodical and our
27:52
growth like we've been around for nine
27:54
years and so a lot of people
27:56
right they say oh like nine years
27:59
like maybe you should be in 10,000
28:01
store. or whatever, and we say, like,
28:03
well, we've just methodically grown because we
28:05
didn't want to take, you know, outside
28:08
investment and stuff like that. And so
28:10
it's kind of just like that point,
28:12
like, okay, if we want to get
28:15
into the club stores, the bigger guys,
28:17
like, we need some upfront money to
28:19
do packaging, like, just all of the
28:22
logistics and all of that piece of
28:24
it. And so that's what I struggle
28:26
with, because it's like, right. where do
28:28
I get the money from to do
28:31
so? Yeah, yeah, yeah. Well, and that's
28:33
that's always that sort of catch 22
28:35
or whatever, you know, where you're trying
28:38
to to grow and and you need
28:40
the money to grow. Have you looked
28:42
into like SBA and like the sort
28:45
of SBA and bank loans? Because I
28:47
think, you know, the thing is we
28:49
don't really ever talk about that and
28:51
it can be such an incredible resource,
28:54
especially, you know. The first answer is
28:56
you're doing it. This is how you
28:58
do it. This is actually how you
29:01
raise a company in the best way
29:03
because you have control and you're growing
29:05
and you're doing it. And that's another
29:07
question too for you is like, what
29:10
would you do with the money? I
29:12
mean, if it's just packaging and getting
29:14
into a store, you might be able
29:17
to get a loan for that. Have
29:19
you looked into bank loans and if
29:21
that's something that you would consider versus
29:24
bringing in a partner? COVID was a
29:26
great time to get federal money, so
29:28
that really helped us. So there's definitely
29:30
that avenue. It's just funny, like being
29:33
in the industry, the CPG industry, I
29:35
don't know if it's because you're just
29:37
surrounded by people, right, who are always
29:40
like, I raised X and I raised
29:42
this in this Brown series A-B-C-D-E. Like,
29:44
it's like, is this what I'm supposed
29:46
to be doing, right? But I agree
29:49
with you, it's like, fine, you can
29:51
get creative. with how you need to
29:53
front load anything, right? If it's just
29:56
packaging, like in this case, most of
29:58
it is, right? It's just accomplishing the
30:00
execution of a new store, then why
30:03
give? 25% of your business away to
30:05
someone who is never going to care
30:07
as much as I do. Yeah, and
30:09
they're going to have a lot of
30:12
opinions on how you do things. And
30:14
I mean, look, and to be frank,
30:16
it is a, we've talked about this
30:19
on the advice line before, it happens
30:21
to be a more challenging environment to
30:23
raise money, especially in food and CPG
30:25
businesses now. You know, what I'm hearing
30:28
from investors right now in the food
30:30
space is they're waiting, they're really looking
30:32
for brands to hit 50, really a
30:35
hundred million dollars in sales. You know,
30:37
it was a couple years ago, it
30:39
was 20. If a brand hit 20
30:42
million dollars in sales, it was a
30:44
target for acquisition, you know. That being
30:46
said, I mean, you have some friends
30:48
and family who have invested in the
30:51
business, right? Right, yeah. And so, I
30:53
mean, is there talk or thought about
30:55
maybe going back to them and if
30:58
that's something that you need, is that
31:00
an option? Yeah, that's also, that's part
31:02
of my plan of attack, right? It's
31:05
like, when we did that round, you,
31:07
I learned a lot about myself and
31:09
my connections, right? Like, people want to
31:11
help you, whether they're giving you money
31:14
or not, they want to help you,
31:16
and they want to help you, and
31:18
they give you the advice that kind
31:21
of leads you to the next person
31:23
that might, you know, write that check,
31:25
the people that I trust and have
31:27
believed in this product tap them first
31:30
because I was pleasantly surprised the first
31:32
time. So I probably will be pleasantly
31:34
surprised the second time I do this.
31:37
Well just to get to this other
31:39
this other point that you're making which
31:41
is like it does feel like and
31:44
I felt like this at Jenny's too
31:46
it does feel like even now, like,
31:48
like, your success as an entrepreneur is
31:50
not whether you're actually selling or creating
31:53
value for your customers. It's about whether
31:55
you've gotten what round of funding you're
31:57
in. And I'm so fundamentally against that.
32:00
I mean, I think that it has
32:02
to be, as entrepreneurs, it has to
32:04
be by our customers. really creating value
32:06
for people and honestly I think the
32:09
best way to do it is this
32:11
I'm talking about this Jenny's all the
32:13
time to like start small and build
32:16
just keep building. Jenny's took on partners
32:18
in 2015 but that was when we
32:20
started in 2002 from from 1996 you
32:23
know I was learning that whole time
32:25
I built my brand so that when
32:27
we brought in a private equity firm
32:29
who we're still with and we love
32:32
I mean we're very lucky on that
32:34
front but when we brought them the
32:36
brand was established enough that I still
32:39
had power, you know, to put it
32:41
frankly. Do you have a board of
32:43
advisors or a board of some people
32:45
that you lean on? We do, we
32:48
have a few. We haven't fully built
32:50
out a board, which I think we
32:52
need to do. I have found that
32:55
very helpful. I thought that was helpful
32:57
at Jenny's. When we brought in the
32:59
private equity firm in 2016, actually, we
33:02
organized a board, and that just made
33:04
us kind of prepare for... We had
33:06
to sort of tell everybody what we
33:08
were doing every month. We had to
33:11
get prepared for that meeting and we
33:13
had to, you know, but it also
33:15
helped us just organize together as a
33:18
team. They were so helpful to us.
33:20
So I have a new company now,
33:22
Flora, and we've already formed a board,
33:24
and we've already formed a board, and
33:27
we went out and found people who
33:29
are real experts there, and I think
33:31
there are a lot of people who
33:34
would want to help you, because you're
33:36
already out extra leverage. I think that's
33:38
great advice. Casey White, the brand is
33:41
called Jaju Perogi. Good luck. Good luck.
33:43
Thank you so much. Yeah, I mean
33:45
Jenny, do you know, obviously it's a
33:47
different like it's a different time environment
33:50
to raise outside capital and food, right,
33:52
in the food business, but it was
33:54
important, right? I mean, it really helped
33:57
you kind of super scale your business.
33:59
Yeah, and we looked for partners and
34:01
doing this at Florida too, we looked
34:04
for partners who could be, could add
34:06
more value to the company who could
34:08
really help us. I mean, we were
34:10
just a scrappy team and when they
34:13
came in, we sort of an executive
34:15
team of professionals. how to do it
34:17
and that was a game changer because
34:20
there are methods that we just you
34:22
just have to know you have to
34:24
learn. Yeah. What are you hearing I
34:26
mean if anything about fundraising for especially
34:29
for food brands right now? Well it's
34:31
funny you should ask because I'm literally
34:33
in the middle of it I've been
34:36
doing this for the last. I've been
34:38
building this company for two years really
34:40
scrappy and we've gotten some angel investors
34:43
for early stage just to get us
34:45
to kind of figure out what we're
34:47
doing. And now we're kind of going
34:49
after the bigger funding, but we are
34:52
finding, yes, of course, it's very tight,
34:54
very, very tight. And I think you
34:56
have to have a massive opportunity. I'm
34:59
hearing people say that, you know, they're
35:01
looking for companies who could become a
35:03
billion dollar company. Yeah. And if you
35:05
think about food, that's just global scale
35:08
almost. They're throwing around that B-word a
35:10
lot. Yeah. Stay with us because after
35:12
the break we'll talk to another founder
35:15
working to take their business to the
35:17
next level. I'm Guy Ross and you're
35:19
listening to the advice line right here
35:22
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back to the device line on how
36:58
I built this lab. I'm Guy Ross
37:00
and today I'm taking your calls with
37:02
Jenny Britton, founder of Jenny's Splendid Ice
37:04
Creams. So Jenny, let's get back into
37:07
it and take another call. Okay, sure,
37:09
let's go. Hello, welcome to the advice
37:11
line. You're on with Jenny Britton. Tell
37:13
us your name where you're calling from
37:15
and a little bit about your business.
37:18
Hi Guy, hi Jenny, my name is
37:20
Kali Zayher. I'm calling in from Los
37:22
Angeles California. I'm the founder of Ube.co
37:24
and we make organic purple sweet potato
37:27
pet treats tailored to sensitive stomach and
37:29
skin pets. So purple sweet potato, tell
37:31
me the connection between purple sweet potatoes
37:33
and like dog treats for sensitive stomachs.
37:36
Yeah, for sure. They're made of organic
37:38
purple sweet potatoes as our main ingredient.
37:40
The term for it is oubae. So
37:42
a Filipino, yeah, a lot of Filipino
37:45
community loves that as a really high
37:47
fiber ingredient in a lot of food
37:49
and desserts. So I was looking at
37:51
just. in general in the market, there's
37:54
not a lot of treats that's tailored
37:56
to sensitive stomach pets. And I have
37:58
a dog that has a very sensitive
38:00
stomach. He is a kavapoo and he's
38:03
just from when he was young, it
38:05
was really hard to find high fiber
38:07
treats for him. So I was cooking
38:09
a lot of sweet potatoes, a lot
38:12
of pumpkin, things like that for him.
38:14
And then I found purple sweet potatoes.
38:16
And then I was doing a lot
38:18
of research because my background is in
38:21
science and I found that there's a
38:23
lot of antioxidants and minerals that are
38:25
really good for their health in purple
38:27
sweet potatoes. So that's how it started.
38:29
Wow. And tell me where you're selling
38:32
them. Are they is direct to consumer
38:34
through website right now? Yeah, mainly direct
38:36
to consumers. We have we're in 10
38:38
local stores around LA and two in
38:41
Hawaii. Yeah. Cool. I mean, give me
38:43
a sense a little bit about your
38:45
sales. Have you guys broken $25,000, $50,000
38:47
in sales, but not to $100,000 yet?
38:50
Right. Okay, cool. And what's your question
38:52
for us today? So my question is,
38:54
right now, currently we have only relied
38:56
on organic growth, achieving about like 30%
38:59
return returning customer rate online. But we're
39:01
facing like a really big challenge in
39:03
reaching new customers. And I think to
39:05
scale the business effectively, I think it's
39:08
time to like partner with a PR
39:10
firm for marketing to allow me to
39:12
focus on product development. So how can
39:14
I find a reputable PR firm to
39:17
help promote oubay.co and expand our reach?
39:19
All right, Jenny, I want to bring
39:21
you in. Dog treats, census stomachs, makes
39:23
a lot of sense, sweet potatoes. Let's
39:26
go, let's figure this out. Amazing, Kelly,
39:28
congrats on your business, it's so cool.
39:30
I mean, I'm always floored, I have
39:32
two animals. I adore them and I
39:34
always just like, I'm really tuned into
39:37
this idea that people spend so much
39:39
money on their pets. And you know,
39:41
we need to like care for our
39:43
pets. We do. We care for them
39:46
like there are children. We do. I
39:48
love your background in science and I
39:50
think this can really carry you. And
39:52
I'm just curious as a scientist. What
39:55
was your, how does that specifically help
39:57
you wade through the research? Because when
39:59
you get a PR firm, I think
40:01
what we're going to do is figure
40:04
out what your messages. You're a scientist,
40:06
you looked through all the research, you
40:08
created this, you know, this idea based
40:10
on what you know, and now you're
40:13
sharing it with other people. And so,
40:15
have you thought about, like, how to
40:17
use your experience in a way that
40:19
community to communicate that with others? And
40:22
I think that would be like, what
40:24
a PR firm might help you do
40:26
too. Yeah. I thought a lot about
40:28
this, actually. I was planning to do
40:31
like a fun ingredient list for each
40:33
product that I launched. with the scientific
40:35
terms of the ingredients in it. But
40:37
also there's like a little bit of
40:39
hesitant in the sense that, oh, would
40:42
people think that it's like more like
40:44
medicinal or like, you know, is it
40:46
chemical? You know, the words kind of
40:48
sound like scary. So I try to
40:51
use just like simpler terms, antioxidants, and
40:53
fiber, things like that. Like my message
40:55
right now is not coming out as
40:57
clear as they want it to be.
41:00
Yeah, that's so much a part of
41:02
our, what we tackle as entrepreneurs, especially
41:04
in the beginning when it's just us
41:06
doing everything. Getting your communications, what you're
41:09
saying, right? And because you're right, even
41:11
though it matters that the science is
41:13
accurate and that it's there. What are
41:15
you actually communicating to the customer that
41:18
activates your customer? And you learn that
41:20
by selling, by selling to people and
41:22
listening to feedback with your audience. What's
41:24
resonating? What are people really, I mean,
41:27
yes, the product works, we hope, yes,
41:29
it works, but why? And what is
41:31
the thing that you can then use?
41:33
Because then that becomes your communication strategy,
41:36
which then leads into like, when you
41:38
go and try to get on the
41:40
today show? Yeah, I think, from last
41:42
year, we did a lot of farmers
41:44
market and like sell directly to customers.
41:47
And we found that one of the
41:49
things they're most like interested about is
41:51
just the oobae itself. We have a
41:53
slogan called oobae for my bay and
41:56
everyone's like, oh, I love oobae. So
41:58
my dogs must love oobae too. And
42:00
it turns out they do. Like, so
42:02
I think that's a good. way to
42:05
attract people, but I think what kept
42:07
the people coming back is the health
42:09
benefits. The fiber, the vitamin, the antioxidants,
42:11
you can see you can see the
42:14
improvement in their gut health by by
42:16
feeding them the treats. What about, I
42:18
mean, I know you're small and you're
42:20
probably scrappy, but I mean, have you
42:23
tried putting, playing around with social media
42:25
ads? Yes, I've done it just me
42:27
and my husband learning from like YouTube
42:29
and everything and just launched the ads
42:32
and Yeah, it didn't turn out so
42:34
well like much we broke even on
42:36
what we spent Okay, customer acquisition is
42:38
getting harder and harder on social media,
42:41
but I will just say this We
42:43
have a an episode of the show
42:45
coming up on misfits market which sells
42:47
like food that would otherwise get thrown
42:49
away, you know, an apple with a
42:52
blemish or something. And what they did,
42:54
and again, this is in 2018, so
42:56
it's a little slightly different environment, but
42:58
still effective today, I think, instead of
43:01
focusing on, hey, you know, this is
43:03
still edible or we sell food for,
43:05
you know, these 30% less, they would
43:07
literally have like a weird freakish-looking carrot,
43:10
right, a photo of it, and it
43:12
would just say, this carrot needs a
43:14
home, that was the. and people would
43:16
click on it because it was so
43:19
weird. You have a product that's unusual.
43:21
You're using purple sweet potatoes. I know
43:23
them, right? But if you go to,
43:25
you can get them at Trader Joe's,
43:28
but a lot of people would be
43:30
like a purple sweet potato. What is
43:32
that? Right. And so because you've got
43:34
this sort of literally, like what Seth
43:37
Goden would call a purple. cow product
43:39
right is it's so it's unusual it
43:41
stands out I feel like that could
43:43
be really just an interesting thing to
43:46
try right right I think I think
43:48
we just need a lot of guidance
43:50
in in marketing and PR right now
43:52
because I've tried a few things and
43:54
I'm I honestly am not good at
43:57
social media and I have hired a
43:59
part-time person to help me with TikTok
44:01
and it's not working as well as
44:03
I wanted to because obviously people don't
44:06
care as much as I do. So,
44:08
and I've been reached out by so
44:10
many PR firms in Los Angeles, obviously,
44:12
that like they could help, they could
44:15
help pitch, they could help get us
44:17
into stores, they could help. They promised
44:19
so many, it's not like a promise,
44:21
but they're trying to sell their PR
44:24
firms, obviously. But it's just hard to
44:26
find who I can trust. I find
44:28
that. PR firms can be really awesome,
44:30
but you have to have somebody, you
44:33
have to have somebody at that firm
44:35
who is your champion, who adores you,
44:37
who believes in you, who wants to
44:39
push it forward. Otherwise, it falls flat
44:42
and you just, you kind of go
44:44
nowhere and it's very expensive. You might
44:46
be better suited to spend that money
44:48
on somebody who can work for you
44:51
and multiple. places who could have some
44:53
contacts with media or know how to
44:55
speak to them might be able to
44:57
also help you with social media or
44:59
even do that, but who can really
45:02
organize this communication, just somebody who's like
45:04
saying this is our message out there
45:06
and where are we going to put
45:08
it? Who are we going to tell
45:11
this to who can just kind of
45:13
come in and help organize all that?
45:15
And then that is their only job.
45:17
And it wouldn't even, it doesn't even
45:20
have to be full-time yet, you know.
45:22
Yeah, I think that's really your advice.
45:24
PR firms are tricky, right? Yeah, I
45:26
mean, if you find, it's that perfect
45:29
fit and Jenny's right. I mean, they
45:31
have to love the product. And if
45:33
you could find somebody, I mean, look,
45:35
if you find a firm that has
45:38
made a pitch, and you say to
45:40
them, look, my buddy. is $10,000 or
45:42
$5,000, like this is what we can
45:44
pay. So show us what you can
45:47
do with that. I mean, there's an
45:49
argument to be made that you could,
45:51
if you're willing to take that kind
45:53
of risk with that amount of money.
45:56
it might be worth the risk. You
45:58
say, you know, I don't know social
46:00
media well, and I think most people
46:02
feel that way. Like, I don't know
46:04
how to do it, but the reality
46:07
is most people who do know how
46:09
to do it, they just figured it
46:11
out by doing it. I love the
46:13
idea of really going into social media.
46:16
I know that it's all very scary.
46:18
But guy is right, you learn by
46:20
doing it. And also just remember that
46:22
people like authenticity, and especially now, when
46:25
it doesn't seem like anything is authentic...
46:27
person, I can tell, you know, I
46:29
mean, obviously. And people like that realness
46:31
and just saying, just going on and
46:34
saying, try to keep it under 30
46:36
seconds or even under 15, just try
46:38
to say like, this is why I
46:40
did this. This is why it's good
46:43
for your puppy. Just show the behind
46:45
the scenes. And just start doing it.
46:47
And then part of social media too,
46:49
a big part of it is just
46:52
talking to everybody else. So going on
46:54
every other, everybody who's talking about dogs
46:56
or pets, being on their feed, talking
46:58
to talking to them, talking to them.
47:01
I was doing that a lot last
47:03
year. That's why it started hiring another
47:05
person to help me with the comments,
47:07
the likes, the messaging, all that, because
47:09
it was taking a lot of my
47:12
time. I'm still a full-time scientist at
47:14
UCLA. And so this is like a
47:16
part-time passion business side thing that I
47:18
hope that it will turn into a
47:21
full-time one day. But we depend a
47:23
lot on brand ambassadors. Like we use
47:25
an app that... like you know search
47:27
for bad brand ambassadors and they get
47:30
like a percentage of the sales so
47:32
that's has been really helpful they make
47:34
really good contents but I do think
47:36
the messaging needs to be a little
47:39
more clear. I just want to say
47:41
like when you said I'm a full-time
47:43
scientist at UCLA like I'm a full-time
47:45
scientist at UCLA I started a dog
47:48
food company because I needed something to
47:50
feed my dog totally you know. And
47:52
I decided to use Ubay because it's
47:54
purple, you need color, you need vibrancy,
47:57
you need fiber, or dogs, you know,
47:59
we all do. I love that so
48:01
much, just that message over and over
48:03
and over and over again. Yeah. People
48:06
invest in you, even consumers and customers,
48:08
like they want to know that like,
48:10
oh, this came from somebody who really
48:12
cares and really knows what they're doing.
48:15
Yeah, totally. Yeah, 100% agree. The brand
48:17
is called Ubay. Ubay. CO. CO. CO.
48:19
Cali. Cali. Cali. Cali. Cali. Jenny, I've
48:21
already asked you about luck or skill
48:23
on the show many years ago, but
48:26
I have a different question for you,
48:28
which is if you were able to
48:30
go back, you know, even not just
48:32
at the beginning, but like 2005, 2010,
48:35
you know, when you were still really
48:37
scrappy business, you weren't this national brand
48:39
yet, what advice now, you know, now
48:41
that you know what you know here
48:44
at this point in your life and
48:46
career, do you think might have been
48:48
helpful for you to have known then?
48:50
This is what I say when if
48:53
people say, what would you have done
48:55
differently? Yeah. And there are a lot
48:57
of things I would have done differently,
48:59
but it's all about who. In 2005,
49:02
2007, what I needed on my team
49:04
were, I needed a coach, I needed
49:06
to understand how founders carry power in
49:08
companies as we were beginning to grow.
49:11
There are leadership things that you can
49:13
learn pretty quickly, especially if you have
49:15
somebody on your side who can help
49:17
you. A business advisor. That was so
49:20
important to me, especially as we started
49:22
to grow and to like bring on
49:24
people from the outside. I needed to
49:26
learn how to speak that language. I
49:28
need somebody on my side, outside of
49:31
the company. And then I would just
49:33
say a great attorney. As a founder,
49:35
you know, you have your company attorney
49:37
or whatever, but you do need to
49:40
have kind of your own really great
49:42
attorney, just to have somebody to ask
49:44
questions. There's so much. And if you're
49:46
a leader in your company, you really
49:49
need to have an understanding of law.
49:51
So those people I would have had
49:53
definitely on my side. Now, going back
49:55
a little earlier than that, I think
49:58
we get to like where Cali is,
50:00
and I would have. say communications. That
50:02
was something that I spent a lot
50:04
of time trying to figure out and
50:07
it would have been really cool to
50:09
have somebody who could just could come
50:11
and say here's what you're doing really
50:13
well this is what people are resonating
50:16
with because you might whatever you think
50:18
is probably not the same as what's
50:20
going on over the counter. So having
50:22
that communications person just to help me
50:25
know what I should be saying every
50:27
single day. Yeah. That's great advice. That's
50:29
Jenny Britton, founder of Jenny's Splendid Ice
50:31
Creams. Jenny, thanks so much for coming
50:33
back on the show. Oh my gosh,
50:36
this has been so much fun. Thank
50:38
you for inviting me, Guy, and your
50:40
team. You're the best. You're the best.
50:42
You're the best. It's great having. And
50:45
by the way, if you haven't heard
50:47
Jenny's original, I built this episode, you've
50:49
got to go back and check it
50:51
out. tested positive for Listeria. So we
50:54
decided that we were going to recall
50:56
everything, which meant that 265 tons of
50:58
ice cream that had been out in
51:00
the world came back to us and
51:03
there we were. Did you think there
51:05
was a possibility that you would shut
51:07
down? That your business could basically end?
51:09
I think at that point we realized
51:12
that that was it. And it was
51:14
weird because I kept a journal at
51:16
the time and I was like, I
51:18
don't even have any ideas. Thanks
51:22
so much for listening to the
51:25
show this week. Please make sure
51:27
to check out my newsletter. You
51:29
can sign up for it for
51:31
free at guyraz.com. Each week it's
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51:36
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51:38
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51:40
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51:45
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52:09
this in the podcast description as
52:11
well. This episode was produced by
52:14
Catherine Sifer with music composed by
52:16
Rumtine Arablui. He was edited by
52:18
John Isabella. Our audio engineer was
52:20
Neil Rauch. Our production staff also
52:23
includes Alex Chung, Elaine Coates, Casey
52:25
Herman, J.C. Howard, Yman Mahani, Kirsmasini,
52:27
Kerry Thompson, Neva Grant, and Sam
52:29
Paulson. I'm Guy Ross and you've
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