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PAGE Entrepreneurs in Their Own Words – Hamdi Ulukaya

Nov212014

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Posted at 2:20 PM

PAGE Entrepreneurs in Their Own Words – Hamdi Ulukaya

Born into a family of Turkish cheese and yogurt makers, Hamdi Ulukaya landed in New York at the age of 23 with a little money and the intent of learning English. That plan soon turned into a dream of producing affordable, natural Greek yogurt in the United States, and providing more access to delicious, healthy food.

In 2005, the Turkish cheese-maker received a piece of junk mail from a local real-estate company – the local Kraft Foods plant closed down. Ulukaya saw this as an opportunity and bought the plant with the help of a loan from the U.S. Small Business Administration. He spent the next 18 months learning everything he could to create the perfect Greek yogurt recipe. In 2007, Chobani (meaning shepherd in Turkish) opened for business.

From a factory that has grown from five employees to two plants in the US, Chobani is the  #1 yogurt brand in the US with $1 billion in revenue.

Forbes has called him “the Steve Jobs of yogurt” and Ernst & Young named Ulukaya the World Entrepreneur of the Year in 2013.

As a believer in “doing good business,” Ulukaya created the Chobani Foundation which directs 10% of brand profits to charitable groups working for positive and long lasting change.

“A cup of yogurt won’t change the world, but how we make it just might,” Ulukaya said.

Earlier this month, Ulukaya launched the Chobani Food Incubator to inspire more entrepreneurship in the food industry – and to make “Good food for more people.” He wants to start a food revolution and help nurture, support and celebrate today’s entrepreneurs.

As an inaugural member of the Presidential Ambassadors for Global Entrepreneurship (PAGE) initiative, Ulukaya wants to help more Americans and people around the world believe in and gain access to their own dreams. Among the many events he has attended to inspire others by sharing his entrepreneurial journey, Ulukaya recently participated in the Social Innovation Summit and Entrepreneurship Summit, both hosted in New York City.

In November at the Cornell Entrepreneurship Summit in New York City, Ulukaya talked about the strategies and vision that helped make his brand successful – to be able to manage the details but look ahead for longevity.

This week, Ulukaya joined Commerce Secretary Penny Pritzker at the Global Entrepreneurship Summit in Morocco to promote and speak about the importance of entrepreneurship. Ulukaya believes that: “Entrepreneurship is a powerful force for creating value and doing good in our world—and it’s a source of hope that more people need access to. The PAGE program and gatherings like the Global Entrepreneurship Summit spread the spirit of entrepreneurism, which make them so important.”

About PAGE:

Established by the Department of Commerce, the Presidential Ambassadors for Global Entrepreneurship (PAGE) is a group of successful American businesspeople eager to share their knowledge and experience to help develop the next generation of entrepreneurs at home and abroad. Members have agreed to participate in an ongoing dialogue with policy makers globally, acting as goodwill ambassadors in discussions about how to create an environment where creativity, innovation, and entrepreneurship can grow and thrive. They will also participate in outreach and mentorship activities to help promote start-up culture, and energize their own personal and professional networks to challenge and inspire budding entrepreneurs and raise awareness of the many resources available to them.

PAGE Entrepreneurs in Their Own Words – Hamdi Ulukaya
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Hamdi Ulukaya, founder and CEO of Chobani. I’m native Turkish, grew up in Turkey, moved to the U.S. in 1994.

I was 23 when I moved with no English of course, only a few words. And I made home in upstate new in a small town called New Berlin. In 2005 after I purchased an old Kraft factory, and I’ve been living there since. Started the company in 2005, launched the brand in 2007, and now we have 3000 employees, few plants around the world, we are #1 brand in the country. My journey from a small town in Turkey to a small town in upstate New York, even though faraway from each other, it’s human relationship, it’s dream, access to dream, and following what you learned from your parents and also taking opportunity and what’s in front of you.

We’re forgetting that the mass majority of the population is still living in these rural areas, and the culture is still alive. The dream, the American dream is still alive. How can we make sure that the vast majority is not separated from this entrepreneurship?  I don’t’ think there’s education needed to be done. We just need to make sure that the stories that come from these areas are still highlighted in the big picture, financial assistance is truly there  like it is in the big cities and certain sectors, and also you want to make sure that entrepreneurship is not something elitist. The way that you look or the education that you have or certain sectors. Then we’re going to create a problem. It’s not a problem in this country yet, but certainly it’s a problem in a lot of other countries in the part of the world.  The problem there is a little different. A vast majority don’t believe they have access to this dream to begin with, so that has to be broken. Here the kids wake up in the morning and says “Mom, I’m going to the Moon when I grow up.” I’m going to be a president, I’m going to build one of the best companies. The mom, automatically by believing, of course you can. But unfortunately that’s not the case in a lot of other places, so I think we can encourage, inspire, and transfer this culture, and it’s okay to transfer this culture. It’s an equal opportunity to all to put their dream in the work.   

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Source URL: https://2014-2017.commerce.gov/news/blog/2014/11/page-entrepreneurs-their-own-words-hamdi-ulukaya

Links:
[1] https://2014-2017.commerce.gov/news/blog/2014/11/page-entrepreneurs-their-own-words-hamdi-ulukaya
[2] https://2014-2017.commerce.gov/node/855#comment-form-collapsed
[3] https://2014-2017.commerce.gov/categories/innovation
[4] https://2014-2017.commerce.gov/tags/presidential-ambassadors-global-entrepreneurship-page
[5] https://2014-2017.commerce.gov/tags/hamdi-ulukaya
[6] https://2014-2017.commerce.gov/tags/entrepreneurship
[7] https://2014-2017.commerce.gov/media/photo/hamdi-ulukayajpg-0
[8] https://2014-2017.commerce.gov/file/535/download?token=zo29n-6g