VBT 169: Mitchell Scott of The Very Good Butchers on Scaling from Farmers’ Markets to Going Public within 4 Years

Podcast EpisodePodcast: Play in new window | Download | EmbedSubscribe: Apple Podcasts | Google Podcasts | Spotify | RSSIn this episode I interview Mitchell Scott, co-founder and CEO of The Very Good Butchers, a Canadian plant-based meat company.
After selling out the farmers’ markets on Denman Island, British Columbia, Mitchell and his co-founder and fellow ‘bean butcher’ James Davison knew they were onto something.
They brought their beans to Victoria and opened the Canadian West Coast’s first plant-based butchery.
The pair are currently opening a new facility that will be able to produce up to $100 million more in product a year which is an increase of more than 2,500%.
Last year they became the second plant-based meat company to release an IPO.
In this interview Mitchell discusses:
• Why they use the terms ‘butcher’ and ‘butchery’
• How they raised $600k from 240 investors in an equity crowdfunding campaign in 2018
• The unexpected turn of events after they received several offers of a deal on Dragon’s Den (Canada)
• Why they went public last year and the benefits and challenges it’s brought
• How to go public and how much it costs
• And more

Visit The Very Good Butchers website
RESOURCES:
My Online PR Course for Vegan Business Owners & Entrepreneurs: Vegans in the Limelight
My book Vegan Ventures: Start and Grow an Ethical Business
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Podcast: Play in new window | Download | EmbedSubscribe: Apple Podcasts | Google Podcasts | Spotify | RSSKatrina Fox is an award-winning vegan journalist, publisher, speaker, PR consultant and media trainer who teaches vegan business owners, entrepreneurs and change makers how to get free publicity by sharing their stories. Katrina was a regular contributor to Forbes for a year, writing about vegan and plant-based business. She is the founder and editor-in-chief of Vegan Business Media, the host of Vegan Business Talk podcast, and the author of Vegan Ventures: Start and Grow an Ethical Business. Katrina is also the creator of Vegans in the Limelight: Online PR course for Vegan Business Owners and Entrepreneurs. For more information and to hire Katrina, email her at katrina [at] veganbusinessmedia [dotcom]

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