Ep. 153: Making Money or Changing the World? Justin’s Founder on Why There’s No Reason You Can't Do Both.

Show of hands — if you sold your company for $286 million, would you go back to work for the new owner? We’re guessing there’s not many arms raised. For Justin Gold, however, leaving the company he founded in 2004 after it was acquired by Hormel Foods in 2016 was never an option. Justin’s, a pioneering brand of better-for-you nut butters and snacks, is not just his namesake — it’s his legacy and one that continues to grow.

“The brand stands for something,” he said in an interview included in this episode. “It has values. It has personality. It has charisma. But those values all hinge on me. And if I’m there, it really drives the connection back to the consumer, back to the retailer, back to the broker, back to the person -- and that’s really important. It gives the brand a life outside of just a product.”

In our interview, Gold spoke about his decision to stay with Justin’s after the Hormel acquisition. He also discussed the brand’s evolution and how a new take on a familiar snack and a key hire were game-changers for Justin’s. Gold also explained his belief that making a lot of money and having a mission to change the world are not mutually exclusive.

Show notes:

2:34: Interview: Justin Gold, Founder, Justin’s --  In our interview, recorded at Natural Products Expo West 2019, Gold spoke about his current role with the company following its acquisition by Hormel Foods, and his why he’s “still the heart of the organization.” He also explained his perspective that Justin’s was a “10-year overnight success,” the decision to align with Hormel, and what he views as the keys to innovation and improving the food system. Gold also discussed the growth of the brand following the hire of Peter Burns as CEO and what he learned from the longtime industry executive, and finally, how he hopes consumers perceive Justin’s.

Brands in this episode: Justin’s, Reese’s, Hormel Foods