Business Wars Sponsored: When Small Businesses Think Big - Chobani & Wrigley (Dell Podference) | 2
May 7, 2020
Discover the inspiring journeys of two entrepreneurs who transformed their dreams into successful empires. A Kurdish immigrant revives an abandoned factory to create Chobani, revolutionizing the Greek yogurt market and challenging giants like Yoplait and Dannon. Meanwhile, William Wrigley Jr. navigates the competitive chewing gum landscape with innovative flavors and savvy advertising, ultimately becoming the nation's top gum supplier. Their stories celebrate ambition, creativity, and the spirit of small businesses taking on industry titans.
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Chobani's Beginnings
- Hamdi Ulukaya, a Kurdish immigrant, bought an abandoned Kraft yogurt factory in upstate New York.
- Despite lacking funds, he secured financing through banks, the Small Business Administration, and a county grant.
First Steps at Argo Farms
- After acquiring the factory, Ulukaya's first action was to repaint the dilapidated walls white.
- This seemingly insignificant act fostered team unity and prepared them for the challenges ahead.
Packaging over Advertising
- Recognizing limited advertising resources, Ulukaya invested heavily in distinctive packaging.
- He created shorter, wider cups with vibrant graphics to attract attention on supermarket shelves.