What we are reading and listening to this week:
192: Bootstrapped Cupcakes: How Rob and Jen Built a Successful Business
Have you ever dreamt of opening up your own bakery or restaurant? Jen and Rob did, too. They opened Cupcakeology in Philadelphia due to a love of desserts and management. Jen and Rob learned a ton about running their own business, and that’s what they’re here today to chat about. You’ll learn about how they overcame the difficulties of starting their own business, how they decided to hire help, and why they eventually started a blog.
Recent Crackdowns Muddy the Waters Around CBD in Food And Beverages
CBD is a rising star in the food and beverage world, but recent crackdowns at state and local levels have made the already hazy regulation of the product even more confusing. Food and beverages infused with CBD emerged as the top culinary trend of 2019, according to chefs surveyed by the National Restaurant Association. Bars and restaurants have been embracing it as an addition to drinks, desserts and other menu items. The reception by consumers has been positive, and sales of CBD products can be lucrative.
This Nearly $8 Million Tea Brand Was Built on Its Founders Knocking on 500 Doors
At the start of their loose leaf tea business in 2010, Tiesta Tea founders Dan Klein and Patrick Tannous said they knocked on an estimated 500 doors within 20 days to sell their product. The pair, friends since preschool, aimed for their business to capture their experience drinking loose leaf tea in a Czech tea house during a European vacation while college students. Like many Americans, they were not familiar with tea outside of bottles (even bagged tea significantly lags behind ready-to-drink tea).
Can This At-home Chef Booking Platform Redefine Luxury Dining?
I’ve landed Chef Pierre through Cozymeal, the rapidly growing on-demand cooking platform. The online cooking class marketplace has been compared to Airbnb, but unlike the home rental behemoth, everything has been thoroughly vetted to ensure quality. In just four years, Cozymeal expanded from two cities to 26, with 50 more markets planned for 2019. There are now more than 1,200 classes.
Failed Meal-kit Service Munchery Owes $6 Million To Gift Card Holder, Vendors
Several weeks after a sudden shutdown left customers and vendors in the lurch, meal-kit service Munchery has filed for bankruptcy. In the Chapter 11 filing, Munchery chief executive officer James Beriker cites increased competition, over-funding, aggressive expansion efforts and Blue Apron’s failed IPO as reasons for its demise.