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Ep. 150: The Two Rules That Helped This Juice Entrepreneur Build a $60 Million Business

Ep. 150: The Two Rules That Helped This Juice Entrepreneur Build a $60 Million Business

FromTaste Radio


Ep. 150: The Two Rules That Helped This Juice Entrepreneur Build a $60 Million Business

FromTaste Radio

ratings:
Length:
21 minutes
Released:
Feb 19, 2019
Format:
Podcast episode

Description

Three decades ago, Marygrace Sexton launched Natalie’s Orchid Island Juice Co. with an ambitious goal: give consumers across the country access to high-quality, fresh-squeezed juice. While the dream was big, Sexton launched the company in a production facility about the size of a one-bedroom apartment and the first bottles were shipped in a delivery truck borrowed from a local meat company. Natalie’s, named after Sexton’s first daughter, has since grown by leaps and bounds in the years since. Its juices are sold in over 30 states and 40 countries and annual revenue reached $63 million in 2018. The company is family-owned and operated, and Sexton says that its commitment to quality and customer service have remained the same since day one. In the following interview, she spoke about the brand’s origins and the two rules that govern its business strategy. Sexton also explained why she’s determined to change her leadership style, discussed the company’s succession plan and how she’s preparing her daughter to take the reins. Show notes: 1:41: Marygrace Sexton, Founder/CEO, Natalie's Orchid Island Juice Co. -- In an interview recorded via weblink, Sexton explained how seeing her mother live in poverty motivated her to succeed as an entrepreneur. She also discussed navigating challenges within the competitive juice category and how the company overcame a costly recall. Sexton also spoke about why it’s difficult to change her management style, the business advice she gives to her daughter and likely successor and the reason she launched A-GAP, a non-profit that encourages time off from technology. Brands in this episode: Natalie’s Orchid Island Juice Co.
Released:
Feb 19, 2019
Format:
Podcast episode

Titles in the series (100)

The top podcasts for food and beverage professionals, BevNET’s Taste Radio and Taste Radio Insider feature interviews with the leaders and rising stars of our fast-evolving industry. The shows also include discussion on emerging trends, innovation and news of the week from our regular cadre of hosts from the BevNET and NOSH teams. Tell us what you think at ask@tasteradio.com. You can also email us if you are interested in Taste Radio sponsorship opportunities. If you like Taste Radio, share it with a colleague, will ya? See you every Tuesday and Friday!