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Mom Turns Family Cereal Recipe into a Million-Dollar Healthy Brand

Fox BusinessDecember 5, 20252 min15,052 views
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Founding Three Wishes Cereal

  • πŸ’‘ Margaret Wishingrad started Three Wishes cereal in 2019, motivated by a desire for healthier breakfast options for her own child.
  • 🎯 The initial idea stemmed from realizing the lack of nutritious cereal options in the market, prompting her to create a product with more protein and less sugar.

Product Development and Funding

  • πŸ’° Wishingrad and her co-founder initially invested $250,000 of their personal savings to develop the product.
  • 🀝 Before launching, they successfully raised $2 million from friends and family to scale the business.

Business Growth and Distribution

  • πŸ“ˆ Three Wishes cereal is now available in approximately 15,000 stores nationwide.
  • πŸ›’ Key retail partners include major chains like Walmart and Whole Foods.

Future Vision and Pricing

  • πŸš€ The company's mission is to make Three Wishes a household staple, aiming to be in 90% of American homes.
  • πŸ’² The retail price for a box of Three Wishes cereal is $6.99.
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Transcript8 segments

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What’s Discussed

Healthy CerealEntrepreneurshipFemale EntrepreneursFamily RecipeProduct DevelopmentSeed FundingRetail DistributionWalmartWhole FoodsBrand BuildingStartup Growth
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