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.
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