How We Built Chomps Into a $1B Snack Brand - Co-Founder & CEO Rashid Ali
Description
Rashid Ali, Co-Founder & CEO of Chomps, he told us something I can’t forget:
👉 “Our moms were our best customers.”
That’s how Chomps started.
A frozen steak business that couldn’t scale. No traction. Just moms buying to keep the lights on.
Then one day — Trader Joe’s calls.
At the time, they were doing only ~$400K in sales. The order was so big they needed to raise $1M in a single weekend just to deliver.
That was the turning point.
Today, Chomps is valued at over $1B.
But here’s the kicker — as Rashid put it:
💡 “It was an 8-year overnight success story.”
The biggest takeaways for me from this conversation:
1️⃣ Failure is data — the wrong customers showed them who the right ones were.
2️⃣ The biggest breaks often arrive when you’re barely hanging on.
3️⃣ Resilience beats speed — billion-dollar brands are built brick by brick.
From moms as their only customers → to Trader Joe’s → to $1B.
That’s not just a brand story. That’s a founder’s playbook.
👉 For other entrepreneurs: what was your own “mom was my only customer” moment?
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Step past the Red Velvet Rope.
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