Cynthia Tice

10 statements across 2 episodes · 0 bullish · 0 bearish · 2 people on the record · first statement Sep 30, 2024 by Cynthia Tice · said 2 times in 2 episodes since 2024 · across every show →

On the record as a speaker too: Cynthia Tice's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Guy Raz (2)

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2024 2 mentions in 2 episodes 1 per episode

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Everything said about Cynthia Tice, oldest first

Sep 30, 2024 neutral
Insight
Cynthia Tice: Product Innovations Should Stand Alone Without Novel Flavors
“You know, my belief is that when you have an innovation, the innovation should stand on its own, and you shouldn't innovate with flavors outside of The innovation itself.”
Cynthia Tice Sep 30, 2024 ▶ 38:19 Lily’s Sweets: Cynthia Tice
Sep 30, 2024
Assertion Not checkable as stated
Tice: Lily's Sweets was run virtually by a four-person team
“And we continued to run the company virtually. My two kids came in and joined, and we were, from that point forward, a team of four.”
Cynthia Tice Sep 30, 2024 ▶ 48:10 Lily’s Sweets: Cynthia Tice
Sep 30, 2024 neutral
Opinion
Tice attributes Lily's success fifty-fifty to retail experience and timing
“I mean, I think, fifty-fifty. I think my experience was instrumental, but I think there was a big aspect of luck with regards to timing that I didn't really understand at the time. I took advantage of it, but I didn't, you know, I did not know that there would…”
Cynthia Tice Sep 30, 2024 ▶ 1:05:02 Lily’s Sweets: Cynthia Tice
Sep 30, 2024 neutral
Assertion Not checkable as stated
Tice: Founded first natural food store with unpaid $10,000 loan from father
“So, that was in 1977, and he literally lent me 10 grand, which I never paid him back, but it was technically a loan. And he helped me find a location, which at that point was on South Street in Philadelphia.”
Cynthia Tice Sep 30, 2024 ▶ 8:57 Lily’s Sweets: Cynthia Tice
Sep 30, 2024
Assertion Not checkable as stated
Tice: Early Philadelphia grocery store was almost never profitable
“It was almost never truly profitable, but back in those days, I was single. I really didn't care about money. I truly didn't. I lived in a really small, not good apartment in a bad part of town, and I just really didn't care. I was on a mission, but the profit…”
Cynthia Tice Sep 30, 2024 ▶ 10:50 Lily’s Sweets: Cynthia Tice
Sep 30, 2024 neutral
Disclosure
Tice stepped aside because she couldn't manage Lily's rapid growth
“So it wasn't that I didn't want to do it as much as I knew that I wasn't capable of it. I mean, Lily's was a category disruptor, and it was growing beyond, you know, we, you know, it was, we hit the marketplace at the right time when there was this growing awa…”
Cynthia Tice Sep 30, 2024 ▶ 1:01:16 Lily’s Sweets: Cynthia Tice
Sep 30, 2024
Assertion Supported
Tice: 1989 Alar scare drove first-time shoppers to natural food stores
“What we saw was people that had never before come into a natural food store came in for the very first time, because apples were When you think about it, apple and apple juice and applesauce is like one of children's first foods. Right. So, you know, it, like …”
Cynthia Tice Sep 30, 2024 ▶ 12:44 Lily’s Sweets: Cynthia Tice
Sep 30, 2024
Insight
Tice: Founders must communicate desired post-acquisition roles to new partners
“And I really, really encourage any founder to spend some time developing your own thoughts and communicating that effectively to your next set of partners. You know, the old paradigm is that you have to sort of wipe out the old team, but that's an old paradigm…”
Cynthia Tice Sep 30, 2024 ▶ 1:00:00 Lily’s Sweets: Cynthia Tice
Sep 30, 2024
Disclosure
Tice secretly planned to shut down Lily's if Whole Foods passed
“And I had decided that if Whole Foods didn't say yes, we weren't going to move forward. Like, I, like, I, like, Chuck didn't know that.”
Cynthia Tice Sep 30, 2024 ▶ 40:20 Lily’s Sweets: Cynthia Tice
Oct 31, 2024
Assertion Supported
Cynthia Tice founded Lily's Chocolate at 57 and sold for $425 million
“Cynthia Tice. 57 started Lily's Chocolate, sold it for four hundred twenty-five million dollars 10 years later.”
Guy Raz Oct 31, 2024 ▶ 23:01 Advice Line with Angie Hicks of Angi
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