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Our initial application was pretty simple: We emailed some gmail account with two to three sentences about ourselves and a silly photo of us. Robert offered $150, 000 for 40% equity shares but Barbara offered a $150, 000 line of credit for 20% equity, with the stipulation that she would not work with Robert. Bottle Bright also has a social mission. Mark Cuban dropped out first because he wasn't interested in investing. Then sign up here for our CarterMatt Newsletter. But the story of how they came together detailed on their website... that's nothing short of sweet serendipity. Scratch and Grain Baking Company was founded by two mothers from Portland, Oregon, Leah Tutin and Taya Geiger.
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These cookie kingpins say Barbara has done a lot for them since the deal was signed. One person says her name, then the other, and together you announce your business? With the new machines, they should be able to produce up to 50, 000 cookie kits weekly, assuming the machines run 5 days a week. They actually have a trick to combat filming jitters: Ever notice how most pitches on the show feature two people doing a joint introduction? They want to cook without having to haul out a cookbook, and our kits gave them everything they needed, all portioned out. We've seen other baking kits pop up just recently, but what really differentiates us is that we manufacture each ingredient separately. 89 to produce, which causes all the Sharks to come to reality with Scratch and Grain Baking Company; both Kevin and Robert look exasperated. Scratch and Grain Baking Company cookie kits cost $8-$10 each and yield about a dozen cookies. He tells them good luck; he is out. There are no other baking kits that package ingredients separately; there's not a single other one on the market. The show's producers warned this would happen. We didn't even know retail. We all know that "Shark Tank" has featured a ton of innovative kitchen tools and tasty foods over the years, and it should come as little surprise that many of these products relate specifically to baking.
As they describe on their website, Tutin and Geiger came together to create a simpler way to make delicious, all natural cookies less out of a desire to create a business and make a lot of money, and more because of a parental hope that they could help their kids have a fun experience in the kitchen without spending exorbitant amounts of money on ingredients, and ending up with those pricey ingredients all over the floor — or worse, bad cookies. According to Shark Tank Tales, Geiger asked the sharks for $150k in exchange for 20% equity in Scratch and Grain Baking Co. Barbara Corcoran offered a $150k line of credit for 20% equity, which Geiger accepted. Yes, the company provides nutritious, gluten-free cookies. If you don't love it, others won't either. This causes Kevin to press her for more details, giving the scenario of him investing $150, 000 and the two moms creating a new model. You have to really think about your business — where you've been, where you're going, who you're customers are, your marketing efforts and what's been most profitable. Had I known that, I would have went at the pitch differently. Are Scratch and Grain Baking Company cookies healthy? If you'd rather check out the kits in person, they're available in different stores across the country, listed on their website. People would be lying to you if they said these kits aren't their favorite chocolate chip cookies. The cookies are great.
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Company Information. They have also introduced three gluten-free mixes: Chocolate Truffle, Snicker Doodle, and Chewy Peanut Butter. In the tank, Tutin and Geiger explain that they left comfortable careers because they wanted to pursue something they could be truly passionate about, and a cookie-kit business allowed them to build something they could enjoy with their kids. After being on the show, I've heard that several deals on the show ultimately don't work out. Barbara's deal with Scratch and Grain Baking Company was concluded, and Barbara appeared in a season seven update at the New York Food Show with Scratch and Grain Baking Company. But while on a shopping trip to Barbur World Foods last spring, Tutin casually mentioned Scratch and Grain to a store employee. For example, if you couldn't have cane sugar, you could still use our products and swap out one particular ingredient because each ingredient is individually packaged in the kit. If You Give a Shark a Cookie... Tutin and Geiger created a product and a company that fulfilled a need for their households, but the question remains, does this product meet the needs of many? We'll recommend healthier mixes we think you'll love -- and skip the sugar! Companies in this episode: Scratch and Grain Baking Co., EvRewares, VestPakz, Bottle Bright. Barb asks for the background of the two, and Leah starts with herself; she had a bad experience baking with her children, and since she had a go-getter neighbor that she knew wanted to start a business, she fired off a random text message one day to Taya. Bottle Bright – Lori Greiner invested the first time around, and for the most part we like the product, and the idea of using to provide clean water containers around the globe.
Is Scratch and Grain Baking Company still in business? Target offered the company a deal for product placement in 1, 500 stores, but as great as the "Target effect" would have been for sales, Geiger and Tutin didn't have the $100k it would cost to fulfill the order, and Corcoran was reluctant to keep handing them money. So where is Scratch and Grain today? Typical baking mixes are all in one bag, and maybe all the ingredients for the frosting is in a separate bag, and the sprinkles in another. Robert Herjavec made an offer of $150, 000 in exchange for 40% equity, but he would only make the offer if Barbara Corcoran joined in to partner as well.
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They created the cookie kit that is packaged and numbered to give you the exact ingredients to make fantastic tasting cookies. LAKE OSWEGO, Ore. -- We first met Taya Geiger and Leah Tutin back in January after the pair pitched their take-home cookie baking kit, Scratch and Grain, on "Shark Tank. We are launching an entire line of cupcake kits, such as salted caramel chocolate and seasonal varieties, such as one focusing on Christmas toppings. That started creating problems in July as demand for the kits boomed and the lease on their east Portland location drew to an end. She's been amazing to work with, and her insights on consumer behavior online have been incredible. We are definitely the only product out there that has all organic, full-blown baking kits. With a love for the outdoors and the hospitality industry, Cy moved to Boulder, Colorado where he worked at Frasca Food and Wine under James Beard nominee, Master Sommelier, Bobby Stuckey. Charles Suenram was quoted saying "We strive for the best customer service possible. Not your typical "Hello my name is" tag, these stickers' charming look and themed designs offer a much more interesting kind of conversation starter.
Not because of the tears, but I had to listen between the tears to really get what the heck they were talking about... So the fact that we were on Shark Tank, means they will take our phone calls and hear how we felt about the experience. They don't even leave any residue after they're gone. The two ladies were looking for a Shark to help them with distribution and funding for order fulfillment. In the way that all great relationships are formed these days, she texted Geiger, "I have this business idea, want to come over and talk about it? " She worked the booth with Leah and Taya, attracting buyers. They also sell combo packs with three, four, or six kits included for $24-$45.
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But that's the thing I wish I knew before filming: My whole business wasn't riding on us scoring the best possible deal (or even inking a deal) in that moment. She says the tiers make it way better. They mostly love them, because they taste amazing. The first day we got the product in our hands, we went to a local grocery store and asked if they carried local products, and they placed an order for our kits that day. Kevin then says he wishes to make a statement, and says that the reality is that unless the two get the cost down to $1.
So what happened next for the entrepreneurs? Robert says that he thinks the two are hustling in the best way, since Taya left an industry that she had little passion in and started to work for herself in an admirable way. Most of the products are sold out, though, so there is a strong question if these products sold out quickly or if they sold poorly and will not be coming back. In the first 14 months since launching, they had only generated $52, 000 in total sales, which was ultimately concerning. Leah Tutin and Taya Geiger, two Portland parents who share a passion for baking, have both worked in the corporate world. 350, 000 dollars invested in 2 deals|. We practiced on camera a million times, because we wanted to be ready and engaging.
No matter how much you rehearse, revise, and review your pitch, when you're standing under those stage lights and that red light's on, it's easy to go completely blank. We had been in business for four months, selling GMO- and preservative-free baking mixes. Yes, the firm sells kosher cookie kits. Mark Cuban's idea of baking is smelling the food, and he has no clue so, he is out. The Sharks like numbers, and with distribution like that, and cookie kits starting at just $7. He was seven or eight weeks early; that's how stressed I was. My neighbor baked with her two girls, but she was a terrible cook. In October 2012, Tutin baked cookies with her six-year-old daughter. What is in the future for you? Just be prepared to spend a lot more time and money on your dream than you first thought, and be passionate about your product. Scratch & Grain packages premium dry ingredients to offer easy make-it-from-scratch cookies to the consumer market.
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