Starter Story - Local foods goldmine

Hey,

This is Pat, founder of Starter Story — And today we're going to talk about a super interesting opportunity: taking local foods globally. The food e-commerce space is exploding, and this is a great way to have a unique product and take advantage of it..

But first, I wanted to give a warm welcome to the 383 people who joined us since our last newsletter. To anyone reading this, your support means a lot! I hope you enjoy reading our content as much as we enjoy creating it.

And now, let's get a coffee and dive in:

Local foods goldmine

Philly cheesesteak, lobster roll, pad thai, kimchi,...

What do these dishes have in common?

Exactly, they’re local foods that are now known globally.

Have you ever wondered if your favorite local food could also be turned into a million-dollar business?

Think back to a special dish or dessert that you loved growing up, perhaps a unique local delicacy that you can't find anywhere else. Or even something homemade you used to get on special occasions.

Well, what if I told you that it could potentially become a lucrative business opportunity?

Let's take a look at the market analysis:

🔐 Try Starter Story for $1 to unlock insights like this.

People have been reluctant to buy food online. Totally understandable. But those days are gone now.

Non-perishable items such as coffee or tea were great to get things going. And educate customers.

But now that logistics have become super refined, there are no limitations to shipping anything. Even cooked or frozen food travels perfectly.

Take a look at these 17 people who turned local food into highly profitable ventures,

#1. Cameron has built a $3M/year business by shipping a 10-legged creature around the US.

#2. At just 15, this founder started his own $120K/year applesauce company.

#3. Patrick started a $1.5M/year BBQ rubs and spices biz after retiring from the Army.

🔐 Try Starter Story for $1 to unlock all 17 case studies.

The beauty of this business idea is that it is almost plug-and-play. Develop the product in your own kitchen, test it at a couple of farmers' markets, and get people’s feedback.

Growing? Just rent a commercial kitchen; no need to make huge investments.

A great way to get your first customers: 🔐 Try Starter Story for $1 to unlock insights like this.

Love food, want to pocket some money but don’t feel like getting into e-commerce? Try content creation.

These food content creators are thriving,

Lexi creates plant-based recipes and makes $204K/year.

🔐 Try Starter Story for $1 to unlock all additional case studies.

Conclusion

If there’s a local crowd that loves a particular food, many others around the world would probably do too.

This potential for a global customer base is what makes this business idea so lucrative. And, it's not just limited to food businesses. Anything that’s popular locally, has the potential to become a global success.

In conclusion, local food can be a million-dollar business opportunity waiting to be explored. With the right strategy and execution, entrepreneurs can turn their passion for local food into a profitable venture.

Quick hitters

This solo founder built a 7-figures conference business. Worked in the industry for a while, built a network (always a great asset to have), and thought about ways conferences could be better.