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Toms of Maine : An insurance salesman to a Multi-Millionaire

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Tom Chappell and his wife Kate started making soap, shampoo and then toothpaste in an old warehouse in Maine.

They started making this stuff because they were part of a movement, a movement that took off in the late sixties and early seventies of people who were worried about toxins and artificial ingredients and the things we use every day.

Initially it was difficult but slowly it took off and finally, they sold it for more than $100 million.

What you could learn from this episode:

  • Why he quit his job
  • How he got the idea to start natural personal care products.
  • How he decided to start manufacturing Toothpaste
  • The problems he faced from the government.
  • A manufacturing problem and how they fixed it.
  • His personal crisis even when the company was doing well
  • How he refinanced his company’s mission and refocused it in the right way


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