How I Built This with Guy Raz
How I Built This with Guy Raz

Advice Line with Stacy Madison of Stacy’s Pita Chips

Stacy’s Pita Chips co-founder Stacy Madison joins Guy on the Advice Line to answer questions from three early-stage entrepreneurs. Plus, Stacy talks about her hard-won experience of knowing when to stick with an idea… and when to walk away. First up, Sam wants to figure out how to leverage his popul

Featured Speakers

Guy Raz | Wondery HostStacey Madison Guest

Topics Discussed

Episode Summary

Executive Summary: Guy Raz and Stacey Madison advise three founders on turning category education into brand-led growth. They discuss when to pivot from a side hustle to the core product, how a founder’s personal presence can power an early brand, and how heritage companies and niche spirits can use storytelling, retail strategy, and community to broaden demand.

Main Topics: Stacey Madison’s post-Stacey’s journey and pivot lessons (Priority: 5/5): Stacey reflects on life after Stacey’s Pita Chips, including her juice bar and energy bar efforts, the pandemic’s impact, and how to recognize when a product deserves a full pivot based on customer demand. Founder-led brands and social media dependence (Priority: 5/5): In advising Dough Guy, Stacey and Guy emphasize that early-stage brands often rely on the founder as the face of the brand, especially when growth is driven by Instagram and personal content. How to build a category through a brand first (Priority: 5/5): Suyo Pisco’s challenge is whether to educate consumers about pisco or lead with the brand. The discussion favors making the brand synonymous with the category, similar to Aperol or Patron. Reviving a heritage brand for a new generation (Priority: 4/5): Stephanie Stuckey asks how to modernize a legacy pecan brand without losing loyal customers. The advice balances leaning into existing older consumers while exploring selective innovation and refreshed storytelling. Retail, channel, and product strategy (Priority: 4/5): The callers and hosts discuss where products should live in stores, how bars and restaurants can serve as educational entry points, and why different channels can shape consumer understanding and trial. Authenticity, simplicity, and customer listening (Priority: 4/5): Across all calls, the recurring advice is to keep products simple, listen to customers, and avoid overcomplicating products that already have traction or a clear use case.

Key Arguments: Stacey’s original pita chip business worked because she listened to customer demand and proved the product outside the cart before fully pivoting. A founder is often the brand at the start; hiring can come later, but only after the audience and product-market fit are established. For niche spirits like pisco, the strongest path is to build brand awareness first and let the category follow, rather than expecting consumers to learn the category before buying the brand. A brand with heritage should not automatically chase younger consumers by changing its core product; it can first deepen loyalty among existing buyers and then test selective innovation. Retail strategy should match the product’s role: bars and restaurants can educate consumers, while off-premise channels build repeat purchase and scale. Making products easy and approachable is a competitive advantage, whether it is home pizza, a cocktail, or pecan snacks.

Data Points: Stacey’s Pita Chips founding year of pivot to chips-only: 1997 - Stacey says the business eventually moved to doing just chips after testing demand and market fit. Stacey’s Pita Chips sale to Pepsi: 2006 - Referenced as the exit from the original business. Years since Stacey’s original HIBT appearance: 2019 - Guy notes Stacey was first on the show in 2019. Dough Guy sales since launch: just north of $300,000 - Sam reports revenue since April for his pizza steel business. Dough Guy Instagram following: about 130,000 followers - Sam describes the community he built around homemade pizza content. Dough Guy retail price: $119 - The pizza steel’s selling price discussed during the call. Suyo Pisco annual revenue projection: a little over $400,000 - Alex estimates expected full-year sales. Suyo Pisco sales mix: roughly 80% bars/restaurants, 20% liquor stores - Alex describes the channel split for the brand. Suyo Pisco bottle cost to bars: $30-$33 per bottle - Alex explains trade pricing by tier and market. Suyo Pisco suggested retail price: about $45 SRP - Alex states the target retail price. Stuckey’s sales growth: from $2 million to $10 million - Stephanie says the rebuilt pecan business grew substantially after the pivot. Stuckey’s employee count: 65 employees - Stephanie notes current staffing. Stuckey’s retail distribution: about 4,000 doors nationwide - Stephanie describes current placement in stores. Original Stuckey’s store peak: 370 stores in 40 states - Stephanie recounts the company’s historical reach. Stuckey’s repurchase price: $500,000 - Stephanie says she bought the brand back with her life savings. Pecan log roll protein: 2 grams - Discussed in the context of whether to reformulate into a protein-forward product. Stuckey’s shelf life: 7 months for log roll, 12 months for bagged pecans - Stephanie answers a question about product life and inventory.

Pivotal Quotes: "you need to prove out the Concept outside of just where you are." — Stacey Madison: Advice to Sam on when to know a side product or concept deserves a larger-scale pivot. "the brand is the tip of the spear here" — Guy Raz: Advice to Alex on making Suyo synonymous with pisco in the U.S. market. "I would flood the current older population." — Stacey Madison: Advice to Stephanie to double down on current loyal consumers before chasing younger buyers.

Implications: The episode argues that early brands win by choosing a clear hero product, using founders as storytellers, and educating consumers through one memorable brand. Heritage and niche-category businesses can grow by balancing loyalty, simplicity, and selective experimentation.

🔓 Sign Up for Unlimited Episode Search

About How I Built This with Guy Raz

Guy Raz interviews the world’s best-known entrepreneurs to learn how they built their iconic brands. In each episode, founders reveal deep, intimate moments of doubt and failure, and share insights on their eventual success. How I Built This is a master-class on innovation, creativity, leadership and how to navigate challenges of all kinds.New episodes release on Mondays and Thursdays. Listen to How I Built This on the Wondery App or wherever you listen to your podcasts. You can lis...

View all episodes from How I Built This with Guy Raz