Skip to content
Stonyfield Yogurt: Gary Hirshberg artwork

Stonyfield Yogurt: Gary Hirshberg

How I Built This with Guy Raz

October 2, 2017

In 1983, two hippie farmers decided to sell homemade organic yogurt to help raise money for their educational farm in New Hampshire. As the enterprise grew into a business, it faced one near-death experience after another, but it never quite died.

Speakers Guy Raz, Gary Hirshberg, Steve Humble

TopicsBusiness

Guy Raz (0:00)

Wondery Plus subscribers can listen to How I Built This early and ad free right now. Join Wondery Plus in the Wondery app or on Apple podcasts.

Get closer to the best you. Audible lets you enjoy all your entertainment in one app. You'll always find the best of what you love or something new to discover. I personally enjoy learning as much as I can about the health and wellness space. And as an Audible member, you can choose one title a month from the entire catalog to keep.

I recently listened to Outlive by Peter Attia, and it's changed the way I think about how I eat and exercise. New members can try Audible free for 30 days. Visit audible.com/built or text built to 500500 That's audible.com/built or text built to 500500 to try Audible free for 30 days. audible.com/built. There is no shortage of business and leadership podcasts, but few explore solutions to solving the world's most complex issues, which is why I recommend If Then, the new podcast from our friends at Stanford Graduate School of Business.

If Then features in-depth conversations with Stanford GSB faculty professors about their cutting edge research around topics like AI, sustainability and power, all framed around an if then statement. Like their recent episode, if we want to get people back to the office, then we need to find the right reasons to do it. As you can imagine, this leads to incisive and sometimes surprising takeaways. So don't wait, follow if then wherever you get podcasts and tell them I sent you.

SPEAKER_2 (1:38)

Apple Card is the credit card created by Apple. You earn 3% daily cash back when you use it to buy the new Apple Vision Pro or any products at Apple. And you can automatically grow your daily cash at 4.50% annual percentage yield when you open a high yield savings account. Apply for Apple Card in the Wallet App on iPhone.

Apple Card subject to credit approval, savings available to Apple Card owners subject to eligibility. Apple Card and savings by Goldman Sachs Bank, USA, Salt Lake City branch, member FDIC, terms apply.

Gary Hirshberg (2:12)

On many occasions, I would tiptoe over to the office to call my mother-in-law to have a chat to see if I could borrow another $3,500 or $2,500 to make ends meet.

One night, I heard the click-click of call waiting on my mother-in-law's phone. Meg was calling from the house to say, Mom, don't do this.

Guy Raz (2:30)

Wait, your wife was telling her mom not to lend you money for the business?

Gary Hirshberg (2:35)

Right.

Guy Raz (2:35)

Because it sounds like maybe she didn't believe in it.

Gary Hirshberg (2:38)

Well, she had no reason to believe in it. It was insane.

Guy Raz (2:47)

From NPR, it's How I Built This, a show about innovators, entrepreneurs, idealists, and the stories behind the movements they built.

I'm Guy Raz, and on today's show, how two hippie farmers and a cow named Lily Bell started a side business in a drafty barn and grew it into Stonyfield, one of the biggest yogurt brands in America.

So, of all the stories that we've told on this show so far, I think it's fairly safe to say that Stonyfield Yogurt has had more ups and downs, and really more downs, than just about any other. And it's a pretty unlikely tale to begin with. Two eco-hippie farmers, with no real desire to build a company, wind up building a company. They start small, milking their own cows, making their own yogurts, selling locally to nuns, and then eventually spreading themselves way too thin, and sliding into deep debt. Now, over the years, Stonyfield has had a whole slew of near-death experiences, but it never quite died, and in fact, it grew. It grew into one of the most popular yogurt brands in the United States. And one thing about Stonyfield's co-founder, Gary Hirshberg, is that even though he didn't really set out to build a company, he knew what it took to run one. Because when he was growing up in Manchester, New Hampshire, his dad owned and ran a pretty big shoe company.

Gary Hirshberg (4:19)

You know, it was, in those days, there were probably 50 shoe manufacturers in New Hampshire alone, and probably 150 in New Hampshire, Maine and Vermont.

Guy Raz (4:29)

So how many people did your dad's company employ?

Gary Hirshberg (4:33)

Several thousand. I think at their peak, they were at 2,800.

Guy Raz (4:37)

Wow.

Gary Hirshberg (4:38)

These were true company towns. Of course, in those days, manufacturing was, you know, the state was built, and the region and the country were built on things that we made.

55 more minutes of transcript below

Thousands of transcripts fetched by people building searchable podcast archives

Fetch the whole transcript

The demo key returns a sample episode in full, no card needed:

request
curl -H "x-api-key: pt_demo" \
  https://spoken.md/transcripts/1000651996090

Markdown with the speakers named, for your notes, your knowledge base, or anything that makes HTTP calls.

From $0.10 per transcript. No subscription. Credits never expire. Prices exclude VAT, added at checkout for EU customers. Not what you expected? Email us within 14 days with 20 or fewer credits used and we refund the pack in full.

Using your own key:

request
curl -H "x-api-key: YOUR_KEY" \
  https://spoken.md/transcripts/1000392954894