How I Built This with Guy Raz
Advice Line with Pete Maldonado of Chomps (April 2024)
Jul 18, 2024
Pete Maldonado, co-founder of Chomps, shares invaluable insights on scaling businesses with early-stage entrepreneurs. Jennifer Ballin seeks advice on expanding her sourdough bagel business while considering franchising. Brandi Shelton discusses entering big-box retail without losing her brand's essence. The conversation highlights partnership strategies, the intricacies of retail pricing, and the importance of storytelling for brand growth. It's a treasure trove of practical tips for aspiring food entrepreneurs on navigating the competitive landscape.
51:44
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Quick takeaways
- Consider direct-to-consumer sales for business stability amid price fluctuations.
- Initiate partnerships with local businesses before pursuing big retailers to showcase products.
Deep dives
Focus on Building a Direct-to-Consumer Strategy
Consider exploring direct-to-consumer sales to stabilize your business amid volatile salmon prices. Utilize your knowledge to sell directly to consumers, starting with your community in Utah.
