Dad, who was £200,000 in debt when he left, now controls a multi-million pound business.
A DAD went from being £200,000 in debt to owning a multi-million pound food business.
Jake Lavelle, 28, was deeply in debt during his first year as the CEO of JPL Flavours, when he failed to make a single sale. However, the risk and hard work paid off, and the company now generates over £6 million in annual revenue, with Jake planning to expand internationally.
He “fell into” the sector when he applied to work as a junior flavorist at Hagelin at the age of 16, a company that was subsequently bought up and liquidated in 2013.
Jake decided to “make a go” of his own business the next year, and despite being in grave financial straits at the time, the company managed to turn over £250,000 before skyrocketing to a remarkable £1.8 million in 2017.
“It was a lot of debt – I was £200,000 in debt before I completed a sale because it can take a long time for something to get signed off,” the savvy businessman told Cheshire Live.
“It’s just that I have this desire to outperform the larger corporations. ‘Yeah, we’ll have a meeting, about a meeting, about a meeting,’ I don’t always agree with how they function because it’s very corporate and ‘oh, we’ll have a meeting, about a meeting, about a meeting.’
“We just want to get the job done, and I think that’s why we’ve become so popular.
“It’s simply about getting started; I have a candle that says ‘smells like this meeting might have been in an email.’”
Jake, who grew up in Bebington, Merseyside, now works with some of the country’s most well-known companies, including cookie manufacturers and sports nutrition companies.
His company, which employs 27 people and is based in Neston, Cheshire, analyzes chemical ingredients in meals to create new flavors or adapt old ones.
“Basically, you take something natural like an apple, smash it up, and then analyze it,” the father explained.
“Everything, including the food we eat, contains a large number of chemical components, and our job is to essentially look at things at the molecular level.
“I was absolutely immersed in it. While my parents advised me to quit being lazy when I wasn’t in school, I went out and got a job.
“The majority of people are unaware of this.” Brinkwire Summary News.