How this 24-year-old created a low-sugar gummy bear company now bringing in $40 million a year

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How this 24-year-old created a low-sugar gummy bear company now bringing in $40 million a year. (via CNBCMakeIt)

To create the candy, Bosch combined the stevia extract with tapioca, a starch often used in puddings as a thickening agent, and chicory root to help create that gummy-like feel, among other ingredients for color and flavor.

"I felt like if I really wanted to bring this [product] from a kitchen to people's pantry, I really needed to be fully dedicated," Bosch says. With the full support of her mother and grandmother, Bosch moved into a cheaper apartment and devoted herself to making her first gummy bear product.Bosch had CA$15,000 she had saved from working part-time jobs over the years, but to fund her first manufacturing run, she needed CA$105,000 .

She also developed three additional products including "Sweet Fish" , "Sour Blast Buddies" and "Peach Rings," all of which retail for $3.29 a bag.

 

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MakeIt LikeAGirl

MakeIt Feel sorry for all those poor gummy bears that missed the cut....

MakeIt It won’t last. Sorry. When the masses have to be frugal discretionary spending locks down. And I bet see is levered to the hilt in debt.

MakeIt for real?

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 /  🏆 12. in TH

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