Poi to the World - Information About Hawaiian Poi 
 
 Poi Facts
 
 Cooking With Poi
 Poi as an Ingredient
 Poi Recipes
 
 Poi Products
 
 Newsletter
 
 Links
Search

Amazon Honor System Click Here to Pay Learn More

Newsletter Last Updated: Mar 24, 2009 - 3:48:49 AM


Poi Company for Sale?
By Craig W. Walsh
Jan 20, 2005 - 3:45:00 AM

Email this article
 Printer friendly page
 Page Hits: 1805

We ran a promotion of some sort on KITV-TV in late 2001 or early 2002, and something went wrong.  I don't even remember what it was, but I do recall that KITV-TV offered us a complimentary block of ads to apologize.

When we sadly decided to close The Poi Company, Inc. we decided to use these free ads to try to sell the Company --- our desire, in particular, was to save our colleagues' jobs.

The ads ran quite prominently, but we received few calls, and none from qualified (or serious) purchasers.  I just ran across the ad when clearing out some old computer files, and it was quite a sentimental journey.  While the Company is no longer for sale --- the ad is fun to watch.

Poi Video Button


Copyright 1998-2009 by Craig W Walsh

Top of Page

Comments

josh qina
29 Mar 2008, 05:31
ive been searching for a poi grinder in the internet still with no luck..your help will be highly appreciated
Josh qina
29 Mar 2008, 05:34
looking for a poi grinder....your help will be higly appreciated
Craig Walsh
30 Mar 2008, 06:28
A "poi grinder" covers a multitude of things. The Poi Company had a $168,000 Koruma grinder, made in Switzerland. As a back-up, we had a much smaller flour grinder -- cost (new) about $2,000.

You won't find a grinder made to grind poi. You have to find a generic grinder that will grind taro. Trust me, it won't be an easy task. Most grinders are made to grind dry material, and the taro corm is a very gnarly, wet beast!
Vicki Nelson
02 Oct 2008, 15:50
Did you ever sell your business? I am an employer of persons with disabilities and we are interested in starting our poi business. Do you still have the flour mill, what model and make was it? Would you help us start up this? 200 lbs of corms a day?
If you still have your business for sale, how much are you asking?
Craig Walsh
03 Oct 2008, 02:06
We were unable to sell The Poi Company as a going concern, so had no choice but to close it down in May 2002.

Are you growing your own taro (the 200lbs per day that you mention)? If you don't own/control your supply of taro, I couldn't possibly recommend the poi business.

Don't let a love of poi and the culture and history of Hawaii blind you to the stark economic realities of the poi business. Taro supply is the key.

The other huge problem is the cost of distribution, particularly when you only sell one product. The grocery stores in Hawaii --- at least when we were making poi (1998-2002) --- expected their suppliers to do all the work. This means delivery, stocking shelves, removing product that is about to go out-of-date. The supplier was also expected to take all of the losses on unsold product.

It's one thing if you're a big supplier delivering a multitude of products: such as breakfast cereal or cans of vegetables. But when you're just delivering poi it's difficult.

Each store delivery took (at the store) a minimum of 15 minutes, if we were lucky. Receiving hours were limited, and traffic often meant missing our delivery "window." When you're spending, say, 30 minutes to deliver to one grocery store --- and your delivering maybe $30 of product at wholesale prices --- its hard. There's the driver's salary, workers' comp, cost of truck, insurance on truck, etc.

And the grocery chains would say, "Deliver to one, deliver to all." So we'd have to deliver to Laie and other distant stores, and deliver to stores in areas where people just didn't buy poi.

Stores would also insist that we contribute to advertising costs, HawaiianMiles, etc. And even pay "fees" to introduce new products. If you wanted more shelf space, you usually had to pay for it.

Maybe things have changed in the past six years....

I have lived in Europe since 2002 so am not really able to help set up a poi business. And ours failed: never get advice from someone who failed!
Susanne Friend
16 Dec 2008, 01:00
Aloha nui!!

So, you're a long way from Home....

If I may ask some help and advice from you, it would be greatly appreciated. We have a 7 acre farm on the Hamakua coast of the Island of Hawaii, as we are implementing a recirculating wetland taro system, although we are on dry land. (Please see www.FriendlyAquaponics.com/taro.html for more details and some photos.)

We'd love to learn from you what the biggest obstacles were for your poi business, and to share a little bit about our long-term plans. Is there a way to contact you directly? (I will see if I can find a better contact link here on your site).

Thanks!

**Susanne**
Jeff M.
16 Jun 2009, 23:03
Never get advice from someone who failed? I think not ! If i was gonna start a business - I'd wanna chat with CRAIG !! GARANS !

it's been a long time -- you won't remember me - but I miss my POI - and i still have two cans of the FREEZE-DRIED - UNOPENED- HMMM wonder if they're still good ?
Hope you can e-mail me so we can talk story sometime.
Ciao Sayonara ! J
Craig Walsh
17 Jun 2009, 05:08
Aloha Jeff --

I am flattered that you have two cans of freeze-dried poi unopened. We have about four ourselves, also unopened. They're collectors items.

I am tempted to open one and see if it's still good -- seven years after manufacture. I just need to figure out how to make a lau lau in England. We do have a banana bush (not large enough to b a "tree") growing in our hothouse.

I'll e-mail you directly.

Mahalo for your message.

Craig
*Name:
Email:
Notify me about new comments on this page
Hide my email
*Text:
Security Image:

Visual CAPTCHA


 
Latest Headlines
Poi Facts
What Is Poi Anyway?
What's There to Know About Poi?
Got Poi? The Original Hawaiian Diet
Cooking With Poi
Waimea Poi Cocktail
Poi Cakes
Poi Pudding
Poi Products
Where Can I Buy Poi?
An Ode To The Poi Bag -- And John Thomas
Haleiwa Powdered Poi
Newsletter
Poi Company for Sale?
Poi Press Release
Links
Taro and Poi Links
The Poi Photo Gallery
Listen to Hawaiian Music on HawaiianRainbow.com