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The Modern Acre
336: The Story of The Wonderful Company
Feb 27, 2024
Exploring the billion-dollar empire of The Wonderful Company owned by power couple Stewart and Lynda Resnick. From owning brands like POM and Fiji Water to being one of the largest farmland owners in the US. The podcast discusses early farming days, controversies surrounding water control, and the success of their various agricultural businesses. Also highlighted are their innovative marketing strategies, revenue, recent lawsuit, and Stewart's big personality.
01:07:09
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Quick takeaways
- The Resnicks' diverse business ventures showcase their entrepreneurial spirit and ability to scale operations successfully.
- Marketing pomegranates for health benefits revolutionized the fruit industry and created consumer demand for nutritious products.
Deep dives
The Building of the Wonderful Company
Stuart and Linda Resnick, known for their entrepreneurial spirit, started by acquiring businesses such as the Franklin Mint and Teleflora, showcasing their knack for turning opportunities into successful ventures. Their aggressive approach led to the growth of their business empire, including Paramount Citrus for oranges, Paramount Farms for pistachios and almonds, and expansion into agriculture with massive farmland investments. The Resnicks demonstrated their ability to diversify and scale business operations across different sectors with remarkable success.
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Discover
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