In this powerful episode of Profits on Purpose, host Nate Littlewood sits down with Spencer Oberg, a true testament to overcoming adversity and the power of second chances. Spencer shares his remarkable, candid journey from incarceration to becoming a successful entrepreneur in the highly competitive plant-based food industry.
Spencer walks us through his transformative years in prison - a period of intense personal growth where he dedicated himself to education and ignited his entrepreneurial spirit after connecting with influential figures. He then dives into the challenging yet rewarding experience of being on the founding team for Good Planet Foods, detailing the intricate process of scaling businesses to a $22 million revenue and the necessary business lessons learned from navigating complex venture capital dynamics.
From the mindset of a successful founder to the complexities of a CEO, Spencer discusses the future of the food industry through his new ventures, Prospera Ventures (acquiring and optimizing profitable food businesses) and Sunday Supper (a new branding and manufacturing project). This episode is a masterclass in leadership, strategic shifts, and the crucial distinction between startup culture and professionalization.
🔥 Key Takeaways & Business Lessons:
Overcoming Adversity: Spencer Oberg's path is proof that it’s about second chances and turning your life around after serving time.
The Power of Education: Education was a key focus during Spencer's time in prison, shaping his future.
Scaling Rapidly: Learn how Good Planet Foods grew quickly, reaching $22 million in revenue, and the challenges of scaling businesses.
Venture Capital Dynamics: Navigating the complexities of venture capital was a significant learning experience for Spencer.
Founder vs. CEO: Understanding the differences between a founder and a CEO is crucial for sustainable business leadership and success.
Strategic Shifts: The importance of balancing startup culture with professionalization in business growth.
New Ventures: Insights into Prospera Ventures (acquiring food businesses) and Sunday Supper (a new approach to plant-based food).
Connect with Spencer here:
Linkedin: https://www.linkedin.com/in/spenceroberg001/
Email: spencer@sundaysupper.com
Prospera Ventures Instagram: https://www.instagram.com/prosperaventures/
Prospera Ventures Facebook: https://www.facebook.com/weprospera
Prospera Ventures YouTube: https://www.youtube.com/@ProsperaVentures
Prospera Ventures LI: https://www.linkedin.com/company/prospera-ventures
Sunday Supper Facebook: https://www.facebook.com/vegansundaysupper
Sunday Supper Instagram: https://www.instagram.com/sundaysupperfoods?igsh=MWhjemtlcnA1a3J2bg==
Sunday Supper LinkedIn: https://www.linkedin.com/company/sunday-supper/
I hope you enjoy this episode!
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– Nate and the Profits on Purpose podcast team
Connect with Nathan Littlewood on LinkedIn: https://www.linkedin.com/in/nathanlittlewood/
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Welcome to the Profits on Purpose podcast, where we explore the journeys of purpose-led founders and the financial strategies that help them survive and thrive. Host Nate Littlewood sits down with eCommerce and CPG founders to unpack the real-life tension between a brand's mission and the practical realities of generating profit.
Each episode digs into the leadership insights and financial approaches that empower consumer products businesses to grow with clarity, resilience, and impact. You'll get a behind-the-scenes look at how visionary founders reconcile their purpose with the everyday demands of scaling a successful brand and leading with both mission and margin.
If you're a founder, finance leader, or simply navigating the purpose-profit paradox, this podcast is for you.
#empowergrowth #weprospera #sundaysupper #exitstrategy