Alternative Sweetener Products
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Andrew experimented with creating a health-conscious bakery business focused on sugar-free treats using modern alternative sweeteners. The concept aimed to create a "90% as good" healthy alternative to traditional baked goods, similar to how Halo Top revolutionized ice cream.
Key Points:
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Product Concept:
- Sugar-free cookies using modern alternative sweeteners
- Used ingredients like allulose, stevia, and monk fruit
- Targeted health-conscious consumers wanting to reduce sugar intake
- Aimed for 90% taste similarity to regular cookies
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Business Model:
- Operated as a ghost kitchen from their office
- Planned to sell through delivery platforms (DoorDash and Uber Eats)
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Key Challenge:
- Regulatory issues in Canada
- Main ingredient (allulose) not approved by Canadian health authorities
- Had to shut down despite ingredient being "generally regarded as safe"
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Market Positioning:
- Similar to Halo Top's approach to ice cream
- Slightly compromised taste for significant health benefits
- Focused on allowing consumers to eat larger quantities without guilt
The business was ultimately halted due to regulatory constraints, though Andrew indicated he might revisit the concept in the future.
15:10 - 16:30
Full video: 52:24AW
Andrew Wilkinson
Co-founder of Tiny
Wilkinson is the co-founder of Tiny Capital, which owns companies including AeroPress, MetaLab and Dribble. He is also the co-founder and chairman of WeCommerce, a holding company that starts, buys, and invests in the world’s top Shopify businesses.