.jpg)
Small Business Survival Conversations
It is hard to run your business and keep up with new trends and resources to help you build a profitable company. Each Tuesday, join Anna Steinfest and Dr. Michael Troyer will share with you business tools, insights, and ideas. If you are a business owner or thinking about starting a new company or just want to hear some business advice this podcast is for you.
Small Business Survival Conversations
S3E21: The Rise and Fall of Huy Fong’s Sriracha: Lessons in Supply Chain, Branding, and Business Relationships
In this week’s Monday Morning Motivation, host Anna Steinfest dives into the fascinating story of Huy Fong’s Sriracha, the iconic “rooster sauce,” and the lessons small business owners can learn from its rise—and fall.
Discover how missteps in supply chain management, branding, and business relationships allowed competitors like Tabasco-maker McIlhenny to seize the market. Anna breaks down three critical takeaways for small business owners, including the importance of diversifying suppliers, protecting your brand, and building strategic partnerships.
Tune in to learn how to avoid these pitfalls and position your business for sustainable growth and success in a competitive market.
#MondayMotivation #SmallBusinessSuccess #BusinessLessons #Entrepreneurship #BrandingTips #SupplyChainManagement #GrowthMindset