How She Built a $360 Million Candy Company at 26
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- čas přidán 15. 09. 2023
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How Tara Bosch built SmartSweets to be a multimillion dollar company and sold a majority stake for $360 million.
Tara's Instagram:
/ tarabosch
Try SmartSweets: smartsweets.com/
Vlog Channel: / othershelby
Instagram: / shelbychurch
Twitter: @shelbychurch
Snapchat: shelbychurch
Follow me on LinkedIn: / shelby-church-58b5aa56
What Equipment I Use:
a.co/9uNkPmD
For business inquiries please contact shelbychurch@underscoretalent.com - Jak na to + styl
Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.
Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?
I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.
Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.
My CFA ’’ Vivian Carol Gioia, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..!
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
That is SOOOOOO much effort. I can't believe she went through all that. You just never know how hard someone works. From doing test batches for 4 months...To potentially giving away her only car...To emailing companies 50 times....To rejecting $100,000. This girl has ALOT of faith and grit. Wow! Talk about persistence.
These companies aren’t worth that much , overvalued nonsense that won’t stand the test of time.
@@ihatekillerclowns That is capitalist. You start something and sell it when it is still trendy for lots of money than it is worth. You just have to do it right but it takes a lot of effort. Facebook was not thought to be worthy in the early days.
@@ihatekillerclowns 😂 the fact that her candies are in stores nationwide with such unique and good offering for children is already enough to show that the company is worth that much if not much more. You don't know much about business, do you?
@@jovanleon7bollocks. You have toy companies have their product in every major retail store, but are losing money despite the valuation of the company being grossly overvalued. It means literally nothing. The valuations are just that until someone wishes to do a takeover for that much. If she gets bought out by the big multinationals, they won't pay as much as you think - but she'll sell out and be happy with it - selling junk to kids.
and she is also hot
Not taking that 100k was the smartest decision she made, great story, she’s an inspiration to everyone of all walks of life.
Also very risky. If she didnt have publicity she could have gone under
without risk there is no reward, that's why most people become complacent. Comfort is easy and comfort is safe@@Technie87
Makes you wonder how many people out there sold companies worth billions of dollars for basically nothing.
i guess but the candys really arent good for you, not much better anyways. the amount of gut wrenching fibre is insane in these
+ stevia which will destroy your gut too sadly
Omg her saying that she already saw success and only had to reverse engineer the process. WOW. I’m so inspired.
Selling sugar ….. human beings are the stupidest
We need stories like these more than ever in today's world
What do you mean by today's world?
@@markkasprzyk3287 blud is just wafflin
Lies again? Smart Bundesliga
@@gorilla9388 more like crying
She didn't get this on her own. She blew her back out legs spread. See the fake things believe on the internet. She will never be married with kids. Already has a dog. Simp men built her an empire and will get paid pennies on a dollar. People will believe anything. Pathetic.
Love your straightforwardness in the manner you show us the mix-ups as well as the triumphs. Your posts are genuinely uplifting, showing us all the significance of profit investing...my prompt for students is to assemble here and get an enduring answer for their effective financial planning nightmares...no information is a waste.
Because their entire skill set is built around trading long and short at the same time, utilizing profit-oriented strategies and reducing risk as a hedge against inevitable downtrends, coupled with insider information and analysis, it's practically impossible not to outperform. Since hiring a coach for about two years, the return on investment has surpassed $1.5 million.
Most times people with little or no knowledge of the stock market try investing by themselves. Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional investment coach
That's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
@@hushbash2989Credits goes to Marisol Cordova, one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Thanks for the advice. The search for your coach was simple. I investigated her well before using her services.
Best video of yours so far. You were a great interviewer, never interrupting or giving your own personal views
You let Tara talk and show her humility and perseverance
Great job and awesome subject matter. Like a short documentary
When you said that I thought of Tyra Banks and Drew Barrymore. They interupt guest to talk about themselves. lol
agreed
I really needed to hear this today. I am so glad she didn't let that company take advantage of her with that $100k offer. Amazing story and super motivational!
I’m so glad you’ve done this video, there are thousands of bro vids with bros interviewing other bros about how they got so successful at such a young age and barely any about women who’ve done it.
If you're interested in successful women entrepreneurs definitely look up Codie Sanchez! she's kickass
Not hundred percent sure but I think men are more accessible and don’t think too much when they are being contacted for an interview.
Not hundred percent sure but I think men are more accessible and don’t think too much when they are being contacted for an interview.
@@shrimpkinsyou can’t even speak proper English. Typical
@@nanaadjoasakyi and there are a lot more male entrepreneurs
This is one of the best videos I have ever seen. Great story! Perhaps the only thing missing would have been some tough times that she probably experienced when creating this company. I know she got a lot of no's. It would have been interesting to hear how many no's she got, how she felt, whether she was ever discouraged, and why she continued even though there were so many no's along the way.
She's only 26 and made millions. She didn't get many no's but will make it sound like she did just to seem more hardworking. She likely approached a bunch of horny male investors who saw her good looks and allowed them to give her money based on their desire to date her. Doesn't mean she dated them but they surely wanted to use her. There is no way that a candy product that is truly so basic could sell so much unless it was backed by infantile horny dudes who chase pleasure above all.
As a good-looking female entrepreneur, I can attest that 95% of investor leads are garbage and are more interested in using the female in business for clout than actual belief in the product. Her product is far from being the only less toxic one on the market. There is way more to her story than she's saying. She was used as a pawn.
@victoriajonas44 all of you shut up
I love seeing young women go against the grain of what they're "supposed" to do (go to college, get a good job, be a corporate contributor, etc) and instead, going for what they're heart and passion is telling them to do. You and Tara are both great examples of the fact that believing in yourself and making sh*t happen is possible! Thanks for the video, I love your stuff!
Me too ❤
Actually worse than gambling but ok.
same! literally my fav types of stories!
@@toxic-skeptic- Lol, what an appropriate handle, you have.
@@XOChristianaNicole You should see my other comments
A crash and bullish market provides equal high-yield potential, it's all about information and strategy application, I've seen folks make huge 7figure profit in a crashing market and pull it off much easily in a bull market Unequivocally the crash/recession is getting somebody somewhere rich.
On occasion you can beat the market with blind luck, but I wouldn't depend on it. Having a science background there is a saying, 'Luck favors the informed', I've found it to be true, allowed me in great part to retire early
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Impressive! How can I contact this advisor? My portfolio has underperformed, and I need guidance
ANGELA LYNN SCHILLING' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Her confidence is so inspiring! Love to here that she wasn’t surprised when her hard work paid off. ✨
Yes it is inspiring and also beautiful.
Thanks for being such a positive person nice one.
Insane to learn she was offered so little for such a big share of her company. Truly inspiring story and video
Yeah I would’ve emailed those guys 3 years later and said remember when you fools offered me 100k? I just got a check for 350million
@@timgoat556 You have to realize that a lot of these businesses fail. She had to work very hard and be very careful with her decisions a mistake could have made the business worthless. Alternatively, she could have taken the guaranteed 100k and walked away. Hindsight is always 20-20.
No the 100k is always stupid even if failure... They basically knew it had potential and wanted an extremely greedy unequal low risk high reward investment that parasites off her luck/business @@michael6909
@@michael6909true true but either way she won in the end
@Karitheachiever Yes, she did. However, for a lot of people, the win would have been to take the $100,000 payout and not potentially lose the company and even go into debt. Business is a combination of luck and skill. Sometimes you can be the best and still lose massively or you get extremely lucky and win it big with no skill.
Shelby, you’re amazing for sharing this super inspirational video, I seriously needed to watch this and the Smart Sweets story is remarkable. Following your heart and intuition is key to everything ❤
I admire her so much! The way she visualized her success is such an impactful lesson to everyone not just in Busniess but in life.
Great job Shelby! While I've enjoyed all of your videos, I feel like this one really showcased your editing skills. Would love to see more documentary type videos like this. It would be awesome if you could feature other companies started by women!
Or men... we still matter...
The ETF and stock markets are still quite volatile, just like the property market. My $670K portfolio is down by 15% even as the stock market is on the rise lately. what’s the best way to correct my portfolio?
Many people are still getting fantastic returns on their investments during this time. Simply maintain a strong sense of reality or ask for professional assistance.
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation
Just research the name Angela Lynn Shilling. You’d find necessary details to work with a correspondence to set up an appointment.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Great video Shelby!! Love these entrepreneurial focussed videos. So inspiring! I usually just watch the vlogs and after seeing the behind the scenes in your vlog of this video I was so excited to see it uploaded
Her story is so amazing, it’s amazing that she did what she did.
I did enjoy learning about this as much as you enjoyed making it. Amazing job Shelby! And Monica coming through with the videography ‼️ I’m a huge fan of these types of videos
I think it is inspiring to see her so successful and shows that you don’t always need college but still knowledge and executing on the skills she has and can develop. Truly someone to look up to
My favourite interview you’ve done. Love seeing young female success stories.
Loved this video, Shelby! As a food product founder, this was so inspiring! I’d love to see more videos about other people who have created and grown their brands in the future.
Your videos just keep getting better. This is the best one yet! I started watching because of your Tesla content and have stayed because you are the most interesting content creator I have watched. I wish you continued success and am eager to see what you do next
Great video and her story is so interesting! The part I liked the most was her talking about how she visualized her successful future. Even though she worked very hard, she still thinks that visualizing and believing that the company would succeed (even though she struggled sometimes with doubts about herself), played a big part and I think that her explaining all this was a highlight of the video.
A great example of finding a way to do an existing business better and working your ass off to make it happen. Congratulations to Tara!
Appreciate you bringing in stories like this to us Shelby! This is your first video for me, and I just subscribed! Keep up the great work! 👍
Great question about how she financed it. You put out a ton of different types of content and this is another solid one that's informative and easier to watch than a standard interview.
i couldn't understand her. How did she finance it again?
@@phyzyc6765 she took out a loan x
This was just such an incredibly inspiring story! Thank you so much for sharing your journey 🙏 I cried when I watched this! I am pouring everything I have in my business as a dance studio owner and just seeing this just reminded me why I am so grateful for having this opportunity and all the sacrifices I make❤️ thank you!
Wow! What an incredible story and level of sacrifice. Truly amazing when you see someone discover their passion in life and have the courage to live it out despite tremendous struggle. All that, and equally important...she brought a product to the world that actually makes a positive difference.
Tara Bosch reminded about "Vocal Fry" video.
It's great her grandmother gave her that advice early on about regretting sugar. My mother wouldn't let us have sugar when we were kids, so I never developed a craving for it. The lack of sugar in my diet saved me a fortune in dental care and healthcare compared to other people my age.
Love this setup and everything about this video! So entertaining and inspiring!
In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.
Thanks for the advice! I'm new to financial planning and wasn't sure where to start.Any tips on finding a reliable financial adviser or resource to guide beginners?
I agree,based on personal experience working with an investment adviser,I currently have $1m in a well diversified portfolio,that has experienced,exponential growth,is not about having money to invest in stocks,but also you need to be knowledgeable, persistent,and have strong hands to back it up.
How can I participate in this?I sincerely aspire to establish a secure financial future and am eager to participate.who is the driving force behind your success?.
Marie Ann Treloar is the licensed coach I use.just research the name .You'd find necessary details to work with a correspondence to set up an appointment.
Yes, Marie Ann Treloar is also a very highly recommended go-to financial adviser, she can be researched with her name on Google.
Ok, one of the best videos you have ever put out. What an amazing story and one that I want my daughter to see! So impactful!
This was an amazing video Shelby!!! I would love to see more in this format
I saw this at the grocery store today, its so great to learn about the creator who made them. Definitely will check it out next time I go!
Lol. Check the ingredients list.
Did you try them? They fill the chewy candy fix, but are a little odd in flavoring. Not bad by any means but different from what one grew up eating. But that's obvious because they are made different. It Depends on what you value in a treat.
I love Swedish fish but it's too expensive in most stores. I guess I will eat fruit instead
This is an amazing video with awesome pacing and editing. Loved it!
Thanks so much Edward!! Spent a long time on the edit 🙌🏻
cant stand how she talks. the high vocal inflection at the end of her words, AAAAAH
I had to turn it off a few minutes in because I could not take it any longer. Like the proverbial nails on a chalkboard.😖
It’s the combination of vo-cal fryyyy and uptaaaaalk????. I can’t stand that or the candy. Impressive story of entrepreneurship though.
It is horrific
I think the same way, At the same time It helps me realize how overrated is who is running a successful business, its 99% about the product
I could feel my ears bleeding every time there was an AAAAAH..😅
Beautiful example of rethinking a product and solving a problem it creates. I love this story!
What a terrific video Shelby. I could see in your eyes that twinkle that said "I can do this also" The camera work was Steller and this has been one of my favorite videos from you. Thank you!!!
It is always good to have a financial plan. I work with a professional planner and fixed-income strategist. I've come to realize that the key to amassing wealth lies in making sound investments.
Could you kindly elaborate on the advisor's background and qualifications?'.
I just came across her web page, I went through her resume and I must say it was quite impressive. I reached out to her and I have booked a session with her`
Been looking forward to watching this video!! You did a great job!
Awesome video Shelby! Love seeing Canadian success stories featured!
Wonderful to see entrepreneurs who see a problem and then they set about to fix it. She has really done something remarkable.
Look forward to seeing more stories like this. Your channel is really branching out in new directions.
So inspirational! I love this product & loved hearing the backstory ❤
So proud of my fellow Canadian! This is an amazing story!
Thanks for making this video! It's always nice to have a reminder that manifestation and inspired action is still helping people build the dream life they aspire to. Tara has an amazing story and you provided a great platform to share it . The way you put the video together is so professional as usual. Keep up the good work!
What a great story. I'll grab this when I see it in the store. Would love to see more interviews like this.
This is actually a Vancouver Canadian success story. Very rare 🎉
Loved this video Shelby! You are such a good interviewer and asked such good questions!
Obsessed with your content! You've grown into such a smart and creative woman . Keep up the amazing work!
Fingers crossed this video will blow up. You deserve it!! 🎉❤
Loved this video!! So inspiring.
Such a great video☺️ Tara’s story has inspired me to dream big! Thank you for sharing this with us.
Fantastic story! It’s lovely to get to hear her talk a about her mindset as well. Thank you for sharing this! ✨
Such an inspiring and incredible story, good for her! ❤
another great video idea, you never fail to impress Shelby
This is so good! Love everything she said on visualization and affirmations!
This was awesome to hear! Thanks for doing this video. Amazing she was able to do this and stay motivated.
It was really inspiring to hear her achieve her vision for the company. Very impressed to see a young entrepreneur that didn’t start out as a celebrity.
I love her story, its an awesome one but just how you talked about people getting money from parents to buy homes, we should also talk about the privilege/access of things like taking out life insurance for thousands of dollars for a business, still being able to say “ill be in debt and on the couch maybe”, and let alone dropping out of college
Exactly! Love these stories and how Shelby doesn’t wash these elements away. But would be cool to see an even deeper focus on how out balanced the systems can be
I still don't understand the concept of taking out life insurance as a business loan. What does that mean?
@@annas.8902 some healthy wealthy people crap. i just know that it’s harder for people with disabilities to get life insurance at all so that within itself shows you’re using the system to your advantage
@@annas.8902 When you have an insurance policy open you can take out a loan against the cash value of the policy. This is basically the component of insurance that you have the ability to access currently if need be for various expenses. There are two ways of accessing the cash value, which are 1. surrendering the contract (getting cash and terminating the policy) and 2. loans. The problem with 1 is that on most basic policies you'll get less money than you put into the actual premiums. And also, your policy is terminated so your death benefit (what passes onto your heirs in case of death and usually the largest value of the three components of life insurance) is gone. By taking out a loan, you can keep the policy in force, all the while getting more than you would by surrendering the contract in most circumstances. Only caveat is interest. Hope that helps! 👍
If you take out a large enough business they will require you to buy life insurance and sign it over to the lender (not your family) in case you die. @@annas.8902
Your best main channel video I watched in awhile. Inspiring
These stories help allot of people. Thanks.
Really great inspiring story... I like where she said "If i just looked at numbers and logic I would have went a different path" This is something with every business I ever started would deter me at first. But you have to remember is that if others have started with nothing and achieved great things.... thats there is no reason you can't do it too!
most businesses fail, that's what deters me!
@@jj-if6itThat’s very true, but if you look into the stories of big businesses, you’ll see many of them failed multiple times in the early stages of building to where they are now. That’s what differentiates those who give up vs those who continue until they succeed. The way Tara believed in her product so much that she realized there is no other option, but to make it happen. That’s the mentality an entrepreneur needs to have.
Really impressive. . its great she ended up getting publicity otherwise it may have gone downhill fast. I'm interested to see how she structured her LLC(nitty gritty), or if she even made one right off the bat when she was coming up. THATS the important stuff because it will keep others out of hot water. If possible please schedule another interview with her
Thank you for the video! I just liked and subbed
Great effort with the questions and Great video as a whole !
The best motivational story ever! I love how she said she teleported herself 10 years ahead, to see what success looked like and to see her vision as a reality
So much of what she said resonates with me! Manifesting and reprogramming our subconscious really is 💯% key!
Such a unique story!!
Love your mindset and passion!!!!
Fascinating story, and I must say I am amazed by the quality of your CZcams content. You are getting so god at this.
I tried smart sweets a few years ago and I didn’t really like them. Had no idea the story behind who made then. Definitely want to give them another try now. What a great video and inspiring business story!
how did they taste?
Agree they don’t taste good
@@jj-if6itlike thick condensed gummies (fruit leather texture) and mildy sweet (like healthy fruit juice)
@@jj-if6it.. not very good and also very expensive for a small bag.
Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022
How please? Am a newbie in crypto investment, please can you guide me through on how you made
Mrs Diane Walter service is a talk of the town in North Holland Netherlands , I started with a little amount of 14k ETH, and she made huge returns, and I have been constantly investing with her
Please educate me, l've come across this name before and Now I'm interested, how can I connect with her?
she often interacts on Telegrams, using the user below
@DIANEWFX
So inspiring! Thank you for these videos🎉
Good on you not only helping people be healthy but inspiring people too
Great video!! Monica did an excellent job as cameraman. It shows in how much effort you put into this video. Hope the views pile on for you.
cameraman?
Her vlog explains that Monica agreed to help out @@jj-if6it
The vocal fry doe…
very very proud of this woman she's the reason " why you should believe in yourself ". and I'm also really happy for her.
How did she go from desperately needing $100k and debating trading it for 40% of her business, to keeping that 40% and raising $3.6 million dollars? That is a very huge and pivotal change in circumstance.
Venture capitalists.
Sugar daddy
@@FronkG Kick the sugar out of daddy.
@@FronkG Smart sweets dont have sugar tho
@@George-nd7ot it literally does, yall have been brainwashed so much, in fact the sugar in here is even way worse than the regular sugar. Yall see the words "zero sugar" and somehow think its healthier, so its not surprising how all these companies grow, because they trick low iq people into buying it cuz its "healthy", classic marketing tactic
$2M first year revenue, $16M second year, $60M third year, $125M fourth year. Holy shit.
I really enjoyed watching this video! Love this kind of content about small brands making it big. Especially love this since I love smart sweets
Thanks for this valuble and informative interview with Tara it was really interesting and inspiring keep these gems coming peace and blessings.
Let’s be honest, her being very attractive helped immensely to sell this product and get publicity. Nothing wrong with that, use the gifts God gave you.
This is such an awesome video. I want to feel passionate about something like Tara and create a business supporting that vision. I just don’t know what I want to do though…
thank you so much for this video so informative and inspiring. Hopefully younger kids watch this so they build something successful!! thank you shelby love you!!
Inspirational! This is the candy I will buy! And great video, I am now subbed! 😊 Looking forward for more!
How do you find people to do your videos? It's so cool. Do you do a lot of research on them first before ask them if they're willing to make a video?
Tons of research! I found Tara’s story back in 2019, I don’t even remember how. I messaged her years ago and we finally made it happen!
100k for 40% of her company is a scam, glad she said no
Great Job Shelby! Thanks super interesting story and message!
Thank you for this, this was an AMAZING video! I needed to hear and see this today, Thank you!
$360 million is incredible, but I've never heard of this company, are the sweets big in America? I'd like to try them in Australia. Also am curious to know what she uses instead of sugar and hope it's not artificial. Assume it's stevia
This is so good!!!! I love these candies and I had no idea about the story behind it 😭 going to buy them for all my friends and family now 💗
Hi Shelby, I love your videos and am obsessed with your vlogs. I would love to learn more about how you edit your videos. Specifically how smooth they look and the color editing!
I loved this. Keep them coming, please!
She was born rich!
This is my favorite candy! Now that I know the story behind it, I like it even more! I'm hoping that Costco picks it up in the future bc the price is steep at Whole foods.
you shouldn' eat candy anyway
Yeah for the price it's cheaper to buy a piece of actual fruit. Still a better (healthier) option than other candies at the same price point though
@@Danuxsythen don’t eat candy. More candy for me.
Really love these types of videos! I remember really liking your Scentbird one
Wow, Shelby! What a great video! You and Tara were "right at home" for the interview. The magic was there!
The rich stays rich by spending like the poor and investing without stopping then the poor stays poor by spending like the rich yet not investiing like the rich
I will drop his tel in bits cos of CZcams rules⏬⏬😊
十𝟒𝟒𝟕𝟒𝟖𝟎𝟔𝟓𝟕𝟐𝟏𝟗🇬🇧👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻✅__________👍🏻👍🏻👍🏻👍🏻.....„ „
Tell her I referred you