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Million Dollar Cup of Tea: What You Can Learn from a Mother-daughter Team Who Turned a Simple Idea into Oregon Chai: a $75 Million Business
 
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Million Dollar Cup of Tea: What You Can Learn from a Mother-daughter Team Who Turned a Simple Idea into Oregon Chai: a $75 Million Business [Paperback]

Tedde Mcmillen (Author)
3.5 out of 5 stars  See all reviews (6 customer reviews)

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Book Description

March 16, 2009
Million Dollar Cup of Tea is all that and more. It s the true life story of a mother-daughter entrepreneurial team who built a business in completely unfamiliar terrain and sold it less than a decade later for $75 million. Heather, a college student at the time, discovered and fell in love with an ancient spicy, milky tea called chai while hiking in the Himalayas. She and her mother took the drink, brewed up a classic kitchen start up, and brought this unheard of drink to the American market. Find out how the now famous brand almost collapsed before it actually started and how partnerships, cleaver branding, and strategies led to a 430% growth rate.

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About the Author

After agreeing to help daughter Heather launch Oregon Chai, Teddy McMillen served as Chair of the Board of Directors for the first three years of the company s founding and guided them to one-million dollars in sales. She was responsible for all manufacturing of Oregon Chai and developed six new beverages at NAFT s Fancy Food Show. She led Oregon Chai to huge profitability and to become the leader of the new beverage category. Oregon Chai sold in 2004 to Kerry Group for over $75 million.

Heather Hale is a screenwriter and television and film producer with over 45 hours of award winning credits which include The Courage to Love and several PBS series which won Emmy s. Tellys and ACE awards. Heather s keen eye and adventurous spirit were responsible for the discovery of Chai tea during a trip through the Himalayas. Upon returning home her idea of taking this new drink and making it available to the masses not only became a reality but was successful beyond her dreams. Heather now dedicates her time to the arts and enjoys performing as a stand up comedian.

Product Details

  • Paperback: 272 pages
  • Publisher: Wbusiness Books (March 16, 2009)
  • Language: English
  • ISBN-10: 083295022X
  • ISBN-13: 978-0832950223
  • Product Dimensions: 8.9 x 6 x 0.8 inches
  • Shipping Weight: 5.6 ounces (View shipping rates and policies)
  • Average Customer Review: 3.5 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Best Sellers Rank: #851,303 in Books (See Top 100 in Books)

More About the Author

Hello Readers,

I'm writing to tell you a little more about myself.

My Mother cried when I was born. She wanted a boy, plus I was covered with black hair. She told me I looked like a monkey. A few months later, Dad came home from World War II and when he picked me up, I screamed, I wanted nothing to do with him. That pretty much sealed our relationship. So much for my beginning.

But I had a good childhood: tap dancing lessons, ballet, loved school, joined Camp Fire Girls and sold enough candy to pay my way to camp two years in a row. We moved around a lot so it was difficult to keep the few friends I made. Spent nearly all four years at one high school so met and still cherish friends from that time. In high school I sang in the choir and Vagabonds, the smaller vocal ensemble. Loved math classes, congratulated myself, foolishly, for never reading an assigned book all the way through, yet still got good marks on my book reports - shame on me - and now I realize how much I missed. Awarded first-runner-up in the Oregon Junior Miss pageant - the same year Diane Sawyer was America's Junior Miss.

Trained to be an electroencephalograph (EEG) technician. Got pregnant, got married, and gave birth to a wonderful little boy. Worked while my husband finished school. Gave birth to a baby girl. Stayed home with my children, working on occasion to fill in for other EEG technicians. Directed the children's choir at our local Presbyterian church. Had roles in community theatre - all musicals.

When my daughter, our youngest, was 5 years old and in kindergarten, I started working part-time. My mother-in-law, Marie, who I adored, passed away suddenly. She had a small insurance plan which my husband inherited so we took the family to Europe for nine months spending most of our time in London and Paris.

Upon our return, we moved to the San Francisco Bay Area where my husband opened an architectural firm with a friend. I auditioned for and was accepted into a jazzy vocal ensemble, similar to Manhattan Transfer, called Trend. We performed in SF for about 3 years. We had a great time, had a few good reviews but success passed us by. When the group disbanded, I returned to school and completed my Associates Degree in music. The next year both my kids needed braces. I couldn't afford school and braces so I applied for and got a job with the San Francisco Symphony Orchestra. I not only worked in the office for a few years but sang in the chorus as well. What a thrill that was. My favorite choral work is Carmina Burana.

My husband's work situation didn't work out so we moved back to Portland, Oregon. I was lucky to get a job with the Oregon Symphony but after a few years I was pretty burnt out. My sister and I opened a little vintage clothing store in downtown Portland. Only problem, she didn't like vintage clothes, she preferred new ones. The switch from vintage to new was gradual, going through a phase of consignment. We didn't get rich but we both learned a lot and had fun. Seven years later after a couple of burglaries, till taps and shop lifts we decided to close the doors.

While we had the store, we both also worked part-time at the Performing Arts Center. Sis as a doorperson and I as a house manager. I was lucky to be promoted several times until I became the Manager of Admissions with over 200 employees that I hired, trained and supervised. Unfortunately, Portland, as many public agencies, fell on hard times so they decided to privatize part of the buildings we worked in which meant the middle management was laid-off. Luckily, I worked long enough to qualify for a little pension for my later years.

Since I had never finished my Bachelor's Degree, I decided that this was a good time to go back to school. I took as many business classes as I could without being a business major because I wanted to finish school before my 50th birthday. I succeeded. While in school my daughter, by now 26, came to me with a beverage I had never tasted, chai. She said she discovered it while she was in India. She loved chai but couldn't find any in Portland so she started making her own and one day she said, "You know Mom, I think we could sell this stuff," and that's how Oregon Chai began (read the book).

Several years later, I started writing our story. Sometimes the words flew onto my computer. Other times, I would open a file and tears would start to roll down my cheeks and I couldn't work on the story for days. To keep me motivated and to improve my writing, I took a class at Portland Community College on writing a memoir. After a year my instructor suggested I try to publish the book.

I went downtown to the Multnomah County Library and researched the publishing business. It recommended finding an agent and/or submitting proposals to publishers that did not require an agent. Since there was a list of publishers I could contact without an agent I sent out about 15 proposals. No response. Next I joined Willamette Writers' and attended their conference in August. There I met an agent who wanted to sign me up immediately. She was a fan of Oregon Chai and even brought a container of the original concentrate with her to the conference. I signed the contract, gave her a copy of the manuscript, and went home and celebrated.

The next day my agent phoned. She said, "I had you sign a contract BEFORE I read your manuscript." Oh! Oh! She was not pleased. I had written my story in segments with each chapter about a different part of the business: start-up, financing, research and development, marketing, publicity, etc. I even paid a copy editor to clean it up - she changed my "be" verbs into action verbs. But my agent wanted it rewritten in chronological order and to read like a novel. She told me to hire a "developmental" editor. I said ok!

Luckily, at the same conference I met Heather Hale (not to be confused with my daughter Heather Howitt). Heather was not only smart and funny but she had written and had produced scripts for a movie and for television. I hired Heather to rewrite the story per my agent's request and to add warmth and humor to the story. I also secretly hoped that someday our story would appear on Lifetime or Oxygen or even as a concept for a series on the Food Network.

Once a new proposal was complete, my agent contacted about 30 publishers. Two were interested. The first also wanted my daughter to write her story and when she refused, because she had a newborn and a three year old, they withdrew their offer. The second publisher wanted the format changed. They liked my earlier format. I told my agent, after paying $22,000 to have the entire story redone, that I just could not afford nor had the energy to rewrite it again. My agent told me I was too difficult to work with and quit.

I was back where I started. I loved the story that Heather Hale helped to produce (buy the book.) I thought I wouldn't find another agent or publisher so decided to publish it myself. Nirvana in a Cup came off the press and I started furiously marketing it. The first thing I discovered was that no one would review a "self-published" book. Luckily though, I found two small papers that gave it good reviews. The second problem was distribution. Large booksellers won't stock self-published books and very few distributors will handle them. I did find a small distributor but getting it into bookstores was left up to me. Got it into a few bookstores and sold books whenever I gave a presentation.

I didn't print a whole lot of books and after a year I was concerned that I may run out and there was no way I could afford to print more. I needed a publisher who would not only print the book but give the book the credibility it lacked as a self-published book.

So, I flew to New York to attend Book Expo America. Once there I slipped on some good walking shoes and made my way through what seemed like hundreds of aisles and talked to everyone who would listen to me. Towards the end of the second day, I met a young woman who told me she would show my book to her boss, Arthur Chou of WBusiness Books. A few months later Arthur called and said he would like to publish my book but he wanted to change the name to Million Dollar Cup of Tea. I was exceedingly happy.

The book underwent another round of editing. I was surprised at the typos we found in the first edition - I'm sure I read it a thousand times. With a new cover and layout the book finally hit distribution in February of 2008 (read the book.) Again, it was hard to get shelf space, especially for an unknown author, but my publisher got it into most chains. I was pleased with the result. My hopes were that the book would inspire entrepreneurs and provide a good read for those interested in the story (you definitely want to read this book.) Luckily, readers have had good responses with a couple even calling it a "real page-turner."

So Readers, I hope you will purchase Million Dollar Cup of Tea, and enjoy it and find that it was well worth your money. Thank you for your support.

Sincerely,
Tedde McMillen

 

Customer Reviews

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Average Customer Review
3.5 out of 5 stars (6 customer reviews)
 
 
 
 
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6 of 6 people found the following review helpful:
5.0 out of 5 stars A Winning Recipe for Success, May 3, 2009
By 
This review is from: Million Dollar Cup of Tea: What You Can Learn from a Mother-daughter Team Who Turned a Simple Idea into Oregon Chai: a $75 Million Business (Paperback)
This book is a wild romp through the world of entrepreneurship. If you are dreaming of turning your "little idea" into a big and profitable business, you've got to start turning these pages!

For a woman business owner who turned making chai tea into a steeping success, Tedde McMillen sure managed to land herself in hot water! You cry with her at every set back from rancid honey to salsa-tasting tea to a huge recall of poor packaging that supported mold growth. And, yet, you continue to enjoy her ride of the ups and downs of starting, financing, expanding, and eventually selling the Oregon Chai Tea Company.

Million Dollar Cup of Tea is hugely entertaining while also showcasing the importance of relying upon experts, working with experts, the power of publicity, and the never-ending belief that her passion could be profitable. If you can avoid just one of Tedde's expensive missteps en route to creating one of the most successful beverage launches in the 1990s, then this book is well worth every penny of its cover price.
Go put up your feet, brew a cup of tea, and start reading!
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3 of 3 people found the following review helpful:
4.0 out of 5 stars A story book, not a biz book per se. If read along with a few good biz books this tome will provide value 2the wanta-be entrepre, March 20, 2009
This review is from: Million Dollar Cup of Tea: What You Can Learn from a Mother-daughter Team Who Turned a Simple Idea into Oregon Chai: a $75 Million Business (Paperback)

I liked this book very much. I didn't love it, but I really liked it. Before I opened it to read I thought back to my childhood days when I was a competitive cyclist in the 1970's. There was a big bike racing event in Colorado each year called the Red Zinger Stage Race (later called the Coors Classic) that I was too young to compete in. At that time I become acquainted with Mo Siegel's story regarding Celestial Seasonings, Inc., a pioneer of the herb tea industry, the company that sold Red Zinger tea and sponsored the race.

The instant book being reviewed involves Oregon Chai, Inc., another pioneering company focusing on tea. In this book we are introduced to the author and her daughter (the two original founders of Oregon Chai, Inc.) in 1989. However, the story covered here really begins in 1992 and concludes in 2004, the time period where their company was created, grown, and then sold. The main characters in this story were Tedde (the author), Heather (the author's daughter), Lori (Heather's good friend), Carla (the author's good friend), and Brian (a friend of Heather's fiance/husband). Heather had the idea, and Tedde had the entrepreneurial spirit and the husband with the financial resources. Heather and Tedde were able to create a sensational product that could practically sell itself. Tedde mastered her skill of producing product. And Heather apparently was a natural-born salesperson. Lori was knowledgeable about advertising, public relations, and marketing. She complimented Heather well. And Carla clearly was a major force helping Tedde stay on top of the venture. Brian fit in where he was needed, but he provided good help in documenting a business plan, strategic planning, and obtaining the financing that such documents can help attract.

This book is a story about how Oregon Chai, Inc., was created, grown, and eventually sold over a 12 year period. It is 100% from the perspective of Tedde. All the other characters we meet as one turns the book's pages enter the story from the perspective of the author. I mention this because I think the book could have been better if there had been half the chapters from Tedde and half the chapters from Heather. So much of what made the company successful were the sales expeditions Heather orchestrated, and we hear little about them. And it was Heather who ultimately became CEO of the company. We don't really hear anything about her work sitting in that position. I think readers would be very interested in hearing about those things.

I have read a lot of business books, and I have business experience, too. As a result I am kind of knowledgeable about how a company should be started and how it probably shouldn't be started. The way this book is written it merely explains how the author and her daughter actually started the company. And in my humble opinion they did it wrong. They did not prepare a business plan. Instead they just winged it. And as a result they made many mistakes - some costly. They didn't know what startup capital would be required. They just kept doing what they were doing and working for nothing for three years I think. That's not good business. So it's hard to recommend this book to someone who needs a guide of how things should be done. But I think it is a good book to read if you use it to supplement other books that tell you how to do things correctly. It certainly is a case to study!

Other books I have read that are similar to this book in a way are: "The Bear Necessities of Business" (ISBN: 0470139056), "Brownie Points" (ISBN: 1932841261), and "Mommie Millionaire" (ISBN: 0312354576). I rank this book behind the first two, but definitely ahead of the last. See my reviews for each that I have posted on Amazon. I cannot give this book a 5-star rating since it does not objectively evaluate where good business practices were not followed (i.e., no business plans at the outset), and when good business practices were followed. It's just a story that has a happy ending. Of course, things can be learned from reading this story. And I highly recommend a wanta-be entrepreneur read this book along with "Growing a Business" (ISBN: 0671671642). In my humble opinion both books compliment each other tremendously. 4 stars!

PS. Don't confuse the two Heathers. One is the author's daughter. And the other is the co-author of the book.
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2 of 2 people found the following review helpful:
5.0 out of 5 stars I loved this book! First Hand Account!!, July 25, 2009
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This review is from: Million Dollar Cup of Tea: What You Can Learn from a Mother-daughter Team Who Turned a Simple Idea into Oregon Chai: a $75 Million Business (Paperback)
Thank you so much for putting out this book. With the economy the way it is, entrepreneurs need help with motivation and inspiration instead of another gloomy news article.

I was taken a back one of the reviews on here were so poor. I personally loved the book. It went down like candy and it was so fun to be on someone else's ride. I've read so many business books -- you name it: The EMyth Revisited, several Guerrilla Marketing Books by Jay Conrad L., there's more and I would have to look at my shelf to remember the names. What does that tell you? I've even read company profile books like ones studying Starbucks..they are just not as fun!

Maybe it was the right book at the right time for me but this book made me feel great about being an imperfect human with vision and desire. It also is inspiring after how many set backs they had that they kept moving forward. Good for them!! I'm glad that they shared as well!

If you enjoy hearing about other peoples businesses or if you are new to a product based industry --- get it. I only wish there were more books like this.
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