Hyman Golden, Founder of “Snapple” – Businessman and Entrepreneur

Hyman Golden, a businessman was a co-founder of the Snapple Beverage Corporation and served as its chairman as Snapple’s flavored teas and juices and became a national phenomenon.

Started Business with Two Partners

With a small investment in 1972, Mr. Golden and two partners started a business that would eventually produce one of the nation’s leading flavored beverages.  By the time the company was purchased by Quaker Oats Company for about $1.7 billion in 1994, it had annual sales of $700 million, and its bottles of juices with their familiar blue-and-white logos could be found in delis, supermarkets, vending machines and homes across the country.

Little Formal Education

Mr. Golden, who had little formal education, had a humble upbringing in Queens, working first as a window washer for his father, a Romanian immigrant. Along the way he also worked as a business broker and founded a maintenance company with his brother-in-law, Leonard Marsh.

Joining Forces

Then, in 1972, Mr. Marsh introduced Mr. Golden to Arnold Greenberg, a childhood friend who ran a health food store in the East Village neighborhood of Manhattan. The three decided to join forces and founded a company — called Unadulterated Food Products — selling juices to health-food stores.  In 1980, the company introduced a line of all-natural juices with the Snapple name, which came from one of its first products, a carbonated apple juice that had a “snappy apple taste.”

Tips

-You can educate yourself along the way to success

-Formal educations area not required to be successful

 

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