What Does Success Look Like? Our portfolio company, The Real Cereal Company, is growing rapidly, and yesterday, Yair Vardi had the pleasure of visiting their logistics center in Los Angeles. Seeing their success up close was truly inspiring. Founded in 2023 by Daniel Abramovich and Tom Binder, the company entered the U.S. market with a unique product: kosher, gluten-free, sugar-free, fat-free breakfast cereals that are still packed with flavor. Produced in California, their cereals are now available on Amazon and in stores across the U.S. In 2024, they made an incredible leap from supplying 30 stores to distributing to over 1,000 (!). We’re proud of their vision, goals, and outstanding execution! ?????? Guy Katsovich | Yair Vardi | Amit Shechter
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... When milk ferments, it becomes yogurt, a more valuable product. Further fermentation turns it into cheese, which surpasses both milk and yogurt in value. Similarly, when grape juice sours, it becomes wine, a pricier commodity. Just as Christopher Columbus' navigational mistake led to the discovery of America and Alexander Fleming's error resulted in the invention of Penicillin, your mistakes contribute to your growth and value as an individual. ... Don't be discouraged by mistakes; they are opportunities for learning and improvement. Remember, perfection is not achieved through practice alone, but through learning from our mistakes... #motivation #attitude #facevalue #growth
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Cheese is back! ?? This is my latest category report for The Grocer. It's a fascinating deep dive into cheesy waters on a mission to discover some pearls of wisdom...(rickety metaphor falls apart predictably at this point). I'm very proud of it. Some of the main take aways: ?'The Big Night In' is trending, with indulgent cheeses a frequent choice. ?Traditional cheeses may do increasingly well as concerns over ultra-processed foods grow. ?Cheese demand is picking up as consumers feel better off but milk supply remains tight across Europe. One processor predicts record milk prices by the end of the year.
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#leadership. If the milk spoils, it becomes yogurt. Yogurt is more valuable than milk. If it gets even worse, it turns into cheese. Cheese is more valuable than yogurt and milk. And if the grape juice turns bitter, it is transformed into wine, which is even more expensive than grape juice. You are not bad because you made mistakes. Mistakes are the experiences that make you more valuable as a person. Don't let your mistakes get you down. It is not practice that makes perfection. It is the mistakes we learn from that make perfection.
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#McCormick, a global leader in flavor with brands like?McCormick,?#Cholula, and?Frank’s #RedHot, should be thriving with its recession-resilient staples. Spices and seasonings remain essential for enhancing affordable meals like rice and pasta, keeping demand steady. Despite its product lines, the company faces volatility in #pepper prices, potential #tariff pressures in key sourcing regions, and slowing growth in #China, which it has already cited as a challenge. With most of its business rooted in the U.S., McCormick must balance #geopolitical and #supplychain hurdles while addressing rising #consumer scrutiny including heavy metals in food products which has caused recalls across the industry. The real test lies in how it navigates these pressures while sustaining its global leadership and consumer trust. #SupplyChainMusings
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In the 1920’s, Post was the category leader in the ready-to-eat cereal game.?? By the turn of the 1930’s, Kellogg’s was moving in and creating competition in the market.?? At the time, breakfast cereal was still a relatively new concept.?? People didn’t really understand ‘ready-made’ cereal.?? At the time people were eating oatmeal, cream of wheat, and sometimes even salted meat and pickles for breakfast — which was wreaking havoc on their digestive systems.?? So, when the Great Depression hit, no one had the playbook for how to continue growing consumer demand when community confidence (and resources) were drying up.? Post did what most do when presented with uncertainty - they ruthlessly cut expenses, and pulled back on marketing. But, you can’t cost cut your way to success. On the other side, Kelloggs doubled its investment into marketing, research and development, while aggressively pushing their new offering - Rice Krispies. Within a few years, even as the rest of the economy was hurting, Kellogg’s profits had risen almost 30 percent and it had become what it remains today… The market leader. Here’s the even bigger point to drive home. Because of that single proactive decision back in the 1930’s - and the increased market position, it has lead to, not millions, but billions, of increased sales over the past 90 years. Fast forward to today, and Kelloggs have some of the most iconic cereals and breakfast foods - many of which have fond memories in our yesteryears. Coco Pops, Rice Krispies, Frosted Flakes, Fruit Loops, Special K, All Bran, Mini Wheats, Eggos, Pop Tarts to name a few. Post has one brand I can recognise; Raisin Bran, which isn’t even available in Australia. When the going gets tough, take a step back and realign your strategy - hard times create some of the biggest opportunities, and some of the most iconic companies currently leading their markets, were born from periods of market decline. Food for thought.??
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A lesson from being more valuable rather than perfection: If milk spoils, it transforms into yogurt, which holds greater value than milk. Furthermore, if the yogurt undergoes further fermentation, it matures into cheese, surpassing both milk and yogurt in terms of value. Similarly, when grape juice gets sour, it undergoes a transformation into wine, commanding a more expensive price than the original juice. In the same vein, when we make mistakes, they present an opportunity for personal growth and increased value as individuals, provided we do not succumb to discouragement. It is not merely practice that leads to perfection; rather, it is the lessons we learn from our mistakes that ultimately pave the way for excellence. Therefore, we must persevere and continue our journey towards improvement. #weeklylessonforlife
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When milk spoils, it turns into yogurt, which is more precious than milk. ?? When it ages further, it becomes cheese, more valuable than both milk and yogurt. ?? Similarly, when grape juice ferments, it becomes wine, which surpasses the original juice in value. ?? Mistakes don't diminish your worth. ?? They enrich your journey, offering lessons that add to your personal value. Don't be discouraged by your mistakes. Growth and progress emerge from them. ?? Remember, it's not practice that perfects us but the lessons learned from our errors that do. #growthmindset?#thinkbig?#growth?#inspiratio
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In the 1920’s, Post was the category leader in the ready-to-eat cereal game.?? By the turn of the 1930’s, Kellogg’s was moving in and creating competition in the market.?? At the time, breakfast cereal was still a relatively new concept.?? People didn’t really understand ‘ready-made’ cereal.?? At the time people were eating oatmeal, cream of wheat, and sometimes even salted meat and pickles for breakfast — which was wreaking havoc on their digestive systems.?? So, when the Great Depression hit, no one had the playbook for how to continue growing consumer demand when community confidence (and resources) were drying up.? Post did what most do when presented with uncertainty - they ruthlessly cut expenses, and pulled back on marketing. But, you can’t cost cut your way to success. On the other side, Kelloggs doubled its investment into marketing, research and development, while aggressively pushing their new offering - Rice Krispies. Within a few years, even as the rest of the economy was hurting, Kellogg’s profits had risen almost 30 percent and it had become what it remains today… The market leader. Here’s the even bigger point to drive home. Because of that single proactive decision back in the 1930’s - and the increased market position, it has lead to, not millions, but billions, of increased sales over the past 90 years. Fast forward to today, and Kelloggs have some of the most iconic cereals and breakfast foods - many of which have fond memories in our yesteryears. Coco Pops, Rice Krispies, Frosted Flakes, Fruit Loops, Special K, All Bran, Mini Wheats, Eggos, Pop Tarts to name a few. Post has one brand I can recognise; Raisin Bran, which isn’t even available in Australia. When the going gets tough, take a step back and realign your strategy - hard times create some of the biggest opportunities, and some of the most iconic companies currently leading their markets, were born from periods of market decline. Food for thought.??
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If milk ?? is left to spoil, it becomes yogurt. Yogurt is more valuable than milk. If it ferments further, it becomes cheese ??. Cheese is more valuable than both yogurt and milk. Similarly, if grape juice ?? ferments, it turns into wine ??. Wine is even more expensive than grape juice. You're not bad because you made mistakes. Mistakes are experiences that make you more valuable as a person. ?? Christopher Columbus made a navigation error that led him to discover America ??. Alexander Fleming's mistake led him to invent penicillin ??. Don't let your mistakes depress you. It's not practice that makes perfect. It's the mistakes we learn from that make us perfect! ? #ValueInMistakes #LearningFromMistakes #PersonalGrowth #Innovation #MistakesToSuccess #GrowthMindset #Resilience #EmbraceFailure #ContinuousImprovement #SuccessJourney #ProfessionalDevelopment #Leadership #Motivation #Inspiration
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Marcom Manager at Bold
1 个月Daniel Abramovich Tom Binder Amazing! ????