This is the story of The Wonderful Company and Stewart and Lynda Resnick, the billionaire power couple that started one of the largest private holding companies in the world. In addition to owning notable brands like POM, Teleflora, Fiji Water, and more, the Resnicks are also one of the largest farmland owners in the US and are market leaders across almonds, pistachios, pomegranates, mandarins, and lemons.
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This episode is presented by Local Line. Learn more HERE. Check out our interview with Cole.
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Show Notes:
(01:26) The Story of the Wonderful Company
(03:24) Stewart Resnick
(06:37) Lynda Resnick
(11:19) Flowers by Wire: Teleflora
(18:34) The Franklin Mint: “Startups are a bitch”
(24:23) Early Farming Days
(31:18) Roll International and Water Controversy
(38:53) POM
(45:50) Fiji Water from Fiji, not Cleveland!
(49:45) Mandarins, Cuties, and Halos Oh My!
(54:43) The Wonderful Company and Wonderful Pistachios
(56:36) Stewart’s Big Personality
(59:00) Revenue
(59:32) Other Ag Businesses
(1:00:04) Wine and Lemons, too?!
(1:01:27) Recent Lawsuit
(1:02:17) Closing Thoughts and Analysis
331: Rolling Up Legacy Processors with Phil Taylor, Co-Founder of Mad Ag & Mad Markets
330: Predicting the Shelf Life of Produce with Strella's CEO & Co-Founder Katherine Sizov
329: Acre Insights - Our Experience with Produce Box Delivery, David Friedberg's Move to Ohalo, and Starlink-Deere Deal Thoughts
328: Blue River Founder on Deere Acquisition, Starlink Deal, and Deere’s Focus on Technology
327: Emerging Markets, Processing Technologies, & "Agrihoods" with Bobby Chang
326: Investing in Regenerative Farmland with David Leon and Tim Luckow - Co-op Members Call Preview
325: The Ag Dealership Model with the President of an Innovative John Deere Dealer
324: Agribusiness M&A Integration with Joe Mosher, Founder of Mosher Consulting Group
323: Growth Mindset in Legacy Agribusiness with Matt Nicoletti, Director of Business Development at Penny Newman Grain Company
The 2023 Acre Awards - Part 2
The 2023 Acre Awards - Part 1
320: Lundberg Family Farm's Brita and Bryce Lundberg on Regen Ag, Marketing, and Growing a Family Business
319: Realistic AgTech Valuations, Cold Plasma Tech & Going Broad and Narrow with Dan White, Co-Founder and CEO of Clean Crop
318: Lessons from Steve Jobs, Bill Gates & Michael Dell and Building a New Autonomy Platform for Ag
317: Understanding the Farm Team - Topsoil Series with Ariel Patton
316: Entrepreneur Bill Camarillo on Building a Compost Business Before It Was Cool
315: Implementing Regenerative Ag FOR Farmers and Landowners with Kevin Wolz, CEO of Canopy Farm Management
314: Marketing in Ag and When a Farm Should Develop Its Own Brand with Ali Cox, Founder & CEO of Noble West
312: Acre Insights - The Idea of Compounding and 2023 Farm Season In Review
312: Pivot Bio's New CEO Chris Abbott on Scaling and Partnerships in AgTech
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