Barenaked Foods Noodles, 6 x 380g

£9.9
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Barenaked Foods Noodles, 6 x 380g

Barenaked Foods Noodles, 6 x 380g

RRP: £99
Price: £9.9
£9.9 FREE Shipping

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Description

Appearing on BBC2 Dragons’ Den seeking investment after my wife's third miscarriage. It was terribly emotional but I needed to seek investment to help grow my business. What was your biggest business mistake? I needed investment and exposure to help my business grow. Dragons’ Den is an amazing platform to help people with great ideas turn them into reality. All of the Dragons areextremely clever people with a wealth of experience. The hard work really starts when you get the investment. The biggest tip I have for people is to learn. We currently sell in Dubai. We are looking for distributors in the USA, Canada, and Europe. The world is our oyster. I always said after Dragons' Den that I wanted to take on the world! Describe your growth funding path: Konyaku noodels are essential to my dietary plans, and the Barenaked brand is a significant technological advance; the noodles are white rather than clear, and in strands rather than bunches - so are superior to other brands. We have a turnover of 600, 000 as of June 2015, a 110 per cent increase on the previous year. With our extended distribution, turnover for the next year will hit 1m. I started off by importing 3, 000 units of product, and now we import 80, 000 units every six weeks.

Bare Naked Foods specialises in low-carbohydrate, gluten-free noodles, pastas, rice and ready meals. Description in one line: Innovative manufacturer of healthy, gluten-free, pasta, rice and ready meals It's expanding year on year. Consumers are always looking at healthy alternatives. In the future, there will be a healthy gluten-free alternative for every product. What is the single most important piece of advice you would offer to a less experienced entrepreneur? To find out more, Business Advice caught up with Mendham and asked him how Jones has contributed and what his tips for dealing with supermarkets are.The language barrier was difficult but he knew that he had to find a factory which met UK food production standards. His patience paid off when he found the ideal place to produce his own style of konjac (or shirataki) noodles. Having more confidence in my abilities. Sometimes even managing directors have bad days! What one thing do you wish you’d known when you started? Barenaked noodles and rice have also caught the attention of celebrities and influencers, who now enjoy them as part of a balanced/restricted diet or to aid their weight management plans. He had a difficult pitch with Deborah Meaden and Kelly Hoppen opting out very early. After an emotional explanation of funding, Mendham received interesting offers from Duncan Bannatyne, Piers Linney, and Peter Jones. Entrepreneurs are so eager to succeed that they sometimes have unrealistic expectations. I ALWAYS see entrepreneurs overvalue their business. It happens in the Den all the time! You must also be willing to listen to advice. How will your market look in three years?

Since then, Bare Naked Foods has gone from strength to strength and is now on the shelves of big-name grocery stores. With the help of Peter Jones, who provided 60, 000 for a 50 per cent stake in Barenaked Foods, Mendham has launched Barenaked Rice which has only 16 calories per 100g. This product joins Barenaked Noodles and Barenaked Protein Noodles in a growing roster of sought-after products. I don’t have ANY regrets. Any decision I make I stand by. Even if I was wrong, I learn by it and it makes me a better businessman. What is the most common serious mistake you see entrepreneurs make? Barenaked Foods was founded in 2011 by Ross Mendham, who after years of dieting and worrying about the food he was eating, decided that ‘enough was enough.’ It was time to do something about it…

“…people suggested I should appear on Dragon’s Den…”

Sadly, after hours upon hours of trawling through the internet, searching supermarkets and health food shops, he had no success. However, after further research, he discovered konjac, a food crop grown across south-east Asia. Ross was given initial funding from his future father-in-law, to get the business started. He travelled to the Chamber of Commerce, in China, to find out more about noodle manufacture. How hard and competitive the food industry is and how difficult it is to create a recognised food brand. I still would have done it though! The tougher something is, the more I want it! Business book: The only downside is the chicanery around declared weights (common to all konyaku noodle suppliers), which makes price comparison treacherous; as the noodles must be delivered in liquid, the drained weight vs full weight is rather important. Barenaked seems to be delivered in a minimum amount of liquid (good) but the drained weight is 350g, not the 380g claimed. I learnt everything as I went. I was willing to learn off veterans in the industry and of course, Peter Jones. What would make you a better leader?

Breaking into the multiple grocery market. Our first listing in the UK was in Morrisons. What numbers do you look at every day in your business? Ross admits that he has always found weight loss ‘especially difficult’ due to his love of pasta and rice. He thought ‘there must be a low fat, low carbohydrate version of the foods that he craves and loves – especially pasta!’These products are made from the konjac plant. Each serving (125g) of noodles or rice is only 15kcal! Each serving (125g) is only 22kcal! They also contain Glucomannan, which supposedly encourages weight loss. Since I first featured on Dragons’ Den it’s been an emotional roller-coaster and as with any business, it’s been challenging to get to the top. Even when you get investment, success is not guaranteed. But with hard work, we have managed to take Barenaked Foods to where it is today.

Konjac (‘Shirataki’) noodles can be created by harvesting fibre from the konjac root by mashing it down into a flour, before mixing it with water and calcium hydroxide to create a gel which can be cut into strips. I had the idea for a low-carbohydrate pasta and rice in 2010. I didn’t have the guts to start the business because I was scared of failing. Bare Naked Foods is a brand of plant-based noodles, protein noodles, and rice that are low-carb, low-calorie, and have zero fat in them. They are also 100% vegan friendly. Although he admits to constantly working towards “world domination” with his business, the one thing Ross is most proud of is the birth of his son, Oliver-Jude.Ross Mendham is the Managing Director and brain behind Bare Naked Foods. He took his idea of low-carb, low-calorie, and zero fat noodles and protein noodles to the Dragons in season 11. Set realistic goals and work hard to achieve each one. You are not a success because you have a great idea; even the best ideas fail because a founder has made a wrong decision. Be willing to learn, work hard and never give up.



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