Page 61 - Introduction & Preamble
P. 61
Areas Covered
• Start-up,
• growth,
• entrepreneurship,
• finance,
• production,
• marketing,
• venture capitalism.
In 2000, after twenty
years in farming potatoes, William Chase was faced with
potential business failure. Chase loved farming but his
traumatic experiences, especially those associated with the
large supermarkets, which squeezed product margins and
spawned red-tape and meetings, persuaded him to look for
other avenues of activity which freed him from the drudgery
of a ‘captured supplier'.
With a strong desire to remain in farming he sought a
solution to his problem both, practical, psychological, and
ethological and hit upon the idea to turn his potatoes into
chips.
Production started in July 2002, with four flavours and were
an immediate success as customers bought into the
'pedigree' of his ‘heritage’ product.
Tyrrells' potatoes are home grown without pesticides using
the “old-fashioned” potato varieties. Chase controls the
whole process from seed to chip, a processing cycle of
twelve months, and from picked potato to packaged potato
chip within a day.