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The Good Food CFO podcast

The Good Food CFO podcast

By: The Good Food CFO
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Join Food Industry Finance Expert Sarah Delevan as she breaks down the need-to-know financial concepts for running a profitable food business, shares case studies and lessons from around the food industry, and highlights the many different ways to build a successful food business on your own terms through conversations with founders and industry experts.

thegoodfoodcfo.substack.comThe Good Food CFO
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Episodes
  • Thrive Market vs. KeHe: Who Really Gives Better Margin?
    Mar 31 2026
    This is a free preview of a paid episode. To hear more, visit thegoodfoodcfo.substack.com

    Thrive Market has built a loyal following of health-conscious consumers who are actively looking for better-for-you brands.For good food founders, it’s a direct line to your target audience. And the conventional wisdom has always been that selling direct to retail, cutting out the distributor, means better margins and more money staying in your business.

    But the Thrive Market relationship isn’t as cut and dry as we assumed, and as Sarah uncovered many founders don’t realize the financial impacts until it’s too late.

    In this episode

    Sarah breaks down the real cost of selling through Thrive Market -including what she learned from founders actively selling there right now - and pulls back the curtain on how Thrive's price negotiation process works.

    You’ll hear:

    * What Thrive Market actually charges brands on every invoice

    * Why the direct-to-retail margin assumption doesn’t always hold

    * How Thrive Market margins stack up against national distributor KeHE (the numbers might surprise you)

    * The 5 steps every founder should take before signing with any retail or distribution partner

    Before you say yes to Thrive Market, or any retail partner, listen to this episode.

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    26 mins
  • Angel Investor Katie Dunn: Warm Intros, Thesis Fit, and Financial Models That Get Investors to Say Yes
    Dec 22 2025

    Most food founders think fundraising means perfecting your pitch deck. Angel investor Katie Dunn says you’re starting in the wrong place.

    In our conversation, Katie breaks down the three fundamentals that actually get investors to meet with you, and say yes: understanding investor thesis (and why it saves you from wasting time), leveraging warm introductions instead of cold pitching, and building a financial model that shows exactly how you’ll reach profitability.

    We cover the investment basics every founder needs to know—what a safe note actually is, why angels want equity, and whether regional brands can get funded (spoiler: yes, but with different deal structures). Katie also shares her strong recommendation on why your first hire should be finance, not marketing, and how to make it ridiculously easy for investors to want to help you.

    If you’re considering fundraising or just want to understand how investment actually works in food CPG, this episode gives you the straight talk you need.

    Connect with Katie:

    Website: katiedunn.com

    Advisory Board: The Masthead Strategy

    LinkedIn: Katie Dunn

    Instagram: @iamkatiedunn

    TikTok: @iamkatiedunn

    Join The Good Food CFO Community:

    Follow us on Instagram: @thegoodfoodcfo

    Watch on YouTube: @thegoodfoodcfo



    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit thegoodfoodcfo.substack.com/subscribe
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    1 hr and 7 mins
  • BABOYOT with Daniel Goetz of Good Pop: Putting Profit First, Going Deep Not Wide, and How Mission Keeps You Going
    Dec 8 2025

    Building a profitable food business without investors isn’t just possible—it’s a strategic choice.

    Sarah sits down with Daniel Goetz, founder of Good Pop, who’s bootstrapped his popsicle brand for 16 years by prioritizing profitability over growth headlines.

    Daniel shares practical strategies that kept Good Pop alive and thriving:

    * Why he sold just 4 popsicles at his “big launch” (and what happened next)

    * The 3am working capital discovery that kept his business going

    * Why he focused on going “deep not wide” with retail expansion

    * How to get packaging and ingredient suppliers invested in your vision

    Hear how forcing profitability from day one shaped every business decision—and why Daniel chose this path after watching funded peers struggle under investor pressure.

    Connect with Daniel:

    Website: GoodPop

    Instagram: @GoodPop

    LinkedIn: @Daniel Goetz

    The Good Food Collective

    Join The Good Food CFO Community:

    Follow us on Instagram: @thegoodfoodcfo

    Watch on YouTube: @thegoodfoodcfo

    Become a Member: BABOYOT



    This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit thegoodfoodcfo.substack.com/subscribe
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    50 mins
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