5 • 854 Ratings
🗓️ 18 August 2022
⏱️ 47 minutes
🧾️ Download transcript
“I was forced to do this,” says Laura Shafferman, Founder of Legally Addictive, “I don’t think I would have done it if I hadn’t been forced to turn my life around.” After her commercial real estate firm laid her off and held her to a non-compete clause for a year, Laura wasn’t sure what she would do next. By chance, she baked a batch of chocolate and toffee covered crackers, a staple treat found in kitchens throughout the South and Midwest, to sell at a local Christmas market. And to her surprise, it sold out nearly instantly. Without any real kitchen experience, Laura set out to recreate the snack using responsibly-sourced, shelf-stable chocolate. And before long, Dylan’s Candy Bar reached out, requesting to have it on their shelves.
Laura readily admits it wasn’t easy. Between finding the right kitchen, ingredients, and shipping process, there was a lot of trial and error. Like many entrepreneurs, she worked side jobs while her business got off the ground, and had to patiently wait a few years for the company to turn a profit. She worried, as many do, that brands who reached out to work with her were looking to steal her product. So one of the things Laura prioritized first was taking necessary legal steps to ensure her brand was protected.
Ultimately, Laura’s story is an example of what happens when change forces you to pivot. Even though change can be intimidating, it can be the perfect opportunity to dive headfirst into something you love. So when you recognize a good idea, stick with it because amazing things can happen.
• “A mentor said, ‘You really need to get into retail because it’s going to be predictable. You’re going to have a lot more control over it, and be able to sell more products at the same time. It’s excellent marketing and will drive back direct sales for you.”(24:37-24:55 | Laura)
• “Be open to changing your idea and your plan. A lot of business owners, myself included at the beginning, I was very adamant about what I wanted to do, how I wanted it done, and how I wanted this business to be perceived.” (43:51-44:05 | Laura)
Connect with Laura Shafferman:
Website | http://www.legallyaddictivefoods.com
Instagram | http://www.instagram.com/legallyaddictivefoods
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0:00.0 | Dear Founder, as you know, there's no blueprint for entrepreneurship. You wear so many hats, |
0:09.7 | you burn the men'side oil, you pour your heart and soul into everything that you do. But without a |
0:14.8 | doubt, the journey is worth every single second that you put into it. I'm Lindsay Pinchuk, |
0:20.5 | host of the Dear Founder podcast. I say this |
0:23.3 | because I've lived it for over a decade. I started my first company with $500 in my pocket and a |
0:29.1 | baby in my belly. I grew it and I sold it all. This podcast is my weekly letter to you. We'll |
0:35.8 | talk all things starting, growing, nurturing, and in some |
0:39.7 | cases even selling a business. Together with some of my closest contacts, I'm here to help you find |
0:45.1 | your own success, whatever that means to you. The ride as a founder is the ride of your life. |
0:50.8 | So come on and join me for another episode that will get you one step closer to |
0:54.9 | reaching your own founder goals. Welcome back to another episode of Dear Founder. I met today's |
1:01.0 | guest on Instagram after she had reached out to me to connect, but that was long after I had |
1:05.8 | taken notice of her incredibly tasting product in specialty markets all over Chicago. |
1:11.8 | Laura Schaeferman started legally addictive when she was laid off and held to a non-compete |
1:16.1 | in an industry she had been in for over 10 years. |
1:19.2 | Yes, you can be laid off and held to a non-compete. |
1:22.8 | Realizing she was burnt out from the competitive and toxic environment of real estate |
1:26.6 | development, she decided to take a widely made homemade cookie and turn it into a shelf, stable one. |
1:32.5 | She started this in her home kitchen in New York in 2015, selling it at markets and on Etsy. |
1:39.6 | And now she's in over 1,600 retail locations and moving to a 6,800 square foot production space |
1:46.9 | in Asheville, North Carolina this year. Please come on in and meet the incredible Laura Schaeferman, |
1:52.5 | founder of Legally Addictive. All right. Today on Dear Founder, we have Laura Schaeferman, |
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