Catherine Smart thought she and her co-founder were building the next great consumer brand. Instead, they found themselves navigating the painful realities of fundraising, retail pressure and ultimately shutting down their business.

In this episode, Catherine, who launched premium sauce and dressing brand Not Just Co. and is the creator and host of podcast Not From Concentrate, shares an unusually candid look at what went wrong, what she learned and how the experience pushed her back toward the food media career she always loved.

Show notes:

0:20: Catherine Smart, Co-Founder, Not Just Co. – Catherine discussed her path from restaurant reviewing, recipe development and television work at food media platform Milk Street to launching Not Just Co., a sauce company inspired by a vegetable-packed pasta sauce she created as a personal chef. She candidly reflected on the realities of building a food brand in a crowded category, explaining how investor pressure pushed the company into large retail accounts like Target before it was financially ready to support them. Catherine also discussed the hidden costs of distribution, the emotional burden of fundraising and the difficulty of balancing operations with marketing, while acknowledging that the brand may never have achieved true product-market fit in mainstream retail. Despite the company's closure, she described the experience as "business school," emphasizing the lessons she learned about resilience, entrepreneurship and identity beyond a startup. She also shared how shutting down Not Just Co. ultimately led her back to food media through her podcast and upcoming cookbook, both titled Not From Concentrate, where she's now focused on storytelling, creativity and food culture.

Brands in this episode: Not Just Co., Sauz