485: Side Hustle to Peanut Butter CEO | Jill Van Gyn

Dec 04, 2019, 09:00 AM

Jill Van Gyn is a Canadian who had hit absolute rock bottom before crawling her way up to the top. It has not been easy but it her hard work is definitely paying off.

She is the founder of Fatso peanut butter, an all-natural peanut butter that began as a side hustle in the back kitchen of a local restaurant.

In the end, she walked away from the deal.

Now, let's hack...

Jill Van Gyn.

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Jill Van Gyn is a Canadian who had hit absolute rock bottom before crawling her way up to the top. It has not been easy but it her hard work is definitely paying off.

She is the founder of Fatso peanut butter, an all-natural peanut butter that began as a side hustle in the back kitchen of a local restaurant.

In October 2018, Jill went on Dragon's Den, Canada's version of Shark Tank. Her ask on the show was $200,000 for 15 percent of the company. Jill received four offers in the episode and she made a handshake deal for $200,000 for 30 per cent of the company.

After the recording, Jill met the Dragons' to formalize the deal with new numbers. FATSO peanut butter had been evaluated at twice its original amount and Jill Van Gyn wanted the deal to reflect that.

In the end, she walked away from the deal.

Now, let's hack...

Jill Van Gyn.