ChopSaver is an all-natural, herbal lip balm created by professional trumpet player Dan Gosling. Used by musicians around the world, it is now recommended by dermatologists as a superior lip product. Our mission is to make a real difference in the quality of life for musicians and non-musicians alike.
ChopSaver has been in business since 2004. Over that time, we've developed a uniquely formulated lip balm product and have gained traction in our initial niche segment. ChopSaver is now sold in over 7,400 CVS/pharmacy locations nationwide. In addition, ChopSaver is available in over 100 Midwest Kroger locations, Amazon.com and hundreds of music and specialty retailers around the world including physicians’ offices.
With production and sales processes in place, revenue track record established, ChopSaver is poised to continue driving adoption in our musician and dermatologist customer segments as well as begin expansion into broader categories.
The money raised will go towards increased marketing and advertising and increased production.
Financial Summary
Previous Fundraise Summary
| Security Type | Convertible Note | |
|---|---|---|
| Investor Eligibility | All Investors | |
| Minimum Investment | $2,500 | |
| Interest Rate | 6.00% | |
| Term | 3 years |
Offering Materials
There are no offering materials available for this business. Check back soon.
Financials
Financial projections are subject to certain risks of the business and may not be achieved. Projections only contemplate projected cash flows, are unaudited and may not be formulated in accordance with US Generally Accepted Accounting Principles. Consult the investment materials for more information on business specific risks and a discussion of the key risks that may impede the achievement of the revenue forecasts presented. There is no guarantee that an investment may achieve any level of return. Review our Risks of Investing before making an investment decision.
Q&A
Team
Dan Gosling
ChopSaver creator Dan Gosling has enjoyed a highly successful career as a professional trumpet player in Central Indiana and surrounding areas. A native of Elkhart, Indiana, his music degrees come from the University of Illinois where he was a Bronze Tablet Scholar and Northwestern University. A former member of the Indianapolis Symphony Orchestra, Dan has also taught at both Butler University and Ball State University and also served as both Principal Trumpet and Personnel Manager of the Indianapolis Chamber Orchestra. Having made the successful transition from inventor to entrepreneur to business owner and manager, Dan’s creative energy, people skills, and the discipline he learned while training for a rigorous performance career have prepared him well for this next phase of his life as the face and leader of the ChopSaver brand. As both a leader and team builder, Dan has been able to assemble a company that both compliments his strengths and fills in his knowledge gaps.
Curt Behrens
As president of P2B, Inc., Curt Behrens and his team bring extensive experience in marketing and sales in the North American retail mass markets with specific expertise in brand and product launches. During his corporate career, Curt was instrumental in the initial launch and phenomenal growth of Rembrandt® oral care, Pharmenex® Nutritional Supplements, and Butler GUM® dental products. Founded in 1997, P2B has been a pioneer in identifying and growing the homeopathic and halitosis categories through the successful North American launch of Similasan® and TheraBreath® as well as the retail expansion of Stiefel® skin care. P2B was also involved with the re-launch of such well-known brands as Contact®, Geritol® and Vivarin®, as well as the launch of Alkalol® Nasal Rinse. P2B is extremely well-versed in OTC product marketing and sales with companies of all sizes and understands both the challenges and the opportunities inherent in that space. As a premium, all-natural brand in a commodity driven world, ChopSaver represents the type of product line P2B knows how to position and sell effectively. Curt and his firm are hired on a commission basis.
John Hanak
John Hanak, Entrepreneur in Residence and Venture Funding Relations Officer at the Purdue Foundry, is the former Statewide Director of the Purdue Technology Centers. He has held officer-level positions at a Fortune 500 metals manufacturer, a middle-market machine-building company and a technology product development firm. Additionally, Hanak co-founded a technology commercialization and consulting firm (North Riverside Partners) and a small investment partnership (CN Associates).
Prior to co-founding North Riverside Partners in 2003 and arriving at the Purdue Technology Center of Northwest Indiana in 2005, Hanak served as President, CEO and board member of Digital Innovations, a Chicago-based technology product development and marketing firm. Before joining Digital Innovations, he spent more than 20 years in the steel industry and was a Vice President at Ispat Inland Steel, a $2.3 billion subsidiary of Ispat International (now ArcelorMittal), with responsibility for all administration and legal matters.
HendrixRaderWise
All design work for the ChopSaver brand is created by HendrixRaderWise, including logos, packaging, website, printed materials and digital images. HRW is an award-winning design firm based in Indianapolis. Their expertise covers the entire spectrum of product design including logos, ad campaigns, packaging, website and app development, building interiors, TV, print and radio.
Third Street
Experts in all marketing venues including social media, the THIRD STREET partners bring with them over 50 years previous experience with some of the biggest brands in the world including KFC, Cabot Wood Stain, Gatorade, Coors and Kraft.
Raining Rose, Inc.
ChopSaver products are produced by Raining Rose, Inc. of Cedar Rapids, Iowa. They are an award-winning, FDA audited company that has enjoyed phenomenal growth and success since their founding in 1996. Their primary focus is creating and making lip balm and related products for several clients, many of which are enjoying tremendous success in the marketplace as a result of Raining Rose’s top notch customer service, high quality products and fair pricing. The company moved into a new, 122,000 sq. ft. state of the art facility in October of 2012.
Professional Business Services of Indiana
Professional Business Services of Indiana, LLC provides financial and bookkeeping services for Good for the Goose Products, LLC on a contract basis. PBS Indy provides services that enable growing companies and entrepreneurs to do what they do best; build, market and sell products and services to customers.
PBS Indy exists to provide all back office and financial management services. Their principals have over 25 years of management experience in privately and publicly held businesses, in a variety of industries.
PBS Indy strives to provide customers a cafeteria style selection of services, custom designed to meet the needs of each individual customer. PBS Indy has assembled a team of professional staff and contractors to provide the highest level of services for each client.
PBS Indy professionals have worked in the areas of Manufacturing, Distribution, E-commerce, Contracting and Professional Services. Additionally, PBS Indy staff have been key in preparing companies for public offerings and maximizing the value of companies that wish to sell all or part of their business.
John Hanak
John Hanak, Entrepreneur in Residence and Venture Funding Relations Officer at the Purdue Foundry, is the former Statewide Director of the Purdue Technology Centers. He has held officer-level positions at a Fortune 500 metals manufacturer, a middle-market machine-building company and a technology product development firm. Additionally, Hanak co-founded a technology commercialization and consulting firm (North Riverside Partners) and a small investment partnership (CN Associates).
Prior to co-founding North Riverside Partners in 2003 and arriving at the Purdue Technology Center of Northwest Indiana in 2005, Hanak served as President, CEO and board member of Digital Innovations, a Chicago-based technology product development and marketing firm. Before joining Digital Innovations, he spent more than 20 years in the steel industry and was a Vice President at Ispat Inland Steel, a $2.3 billion subsidiary of Ispat International (now ArcelorMittal), with responsibility for all administration and legal matters.
About ChopSaver
Company Updates
ChopSaver 2017 Review
January 26, 2018
Friends,
2017 was our best year ever! Key metrics include CVS sales that are up 38% in the last quarter over same time last year and Amazon sales up 70% for the same period. The famous "Flying Instruments" video (viewable on our homepage - www.chopsaver.com) has been seen over 3 million times with over 1 million consumer engagements in the form of likes, shares, comments and website visits. A new video created for non-musicians has also just been released. https://www.youtube.com/watch?v=G4dtR1LhjGc
We have had productive meetings with all major retailers including Walgreens, Walmart, Target and Rite Aid. Walgreens is showing the most interest and we hope to have another meeting on February. No guarantees, of course, but our story becomes more compelling all the time. If any of you would like to learn more about our growth strategy, there is no better time than right now. You can email me directly at dan@chopsaver.com.
Thank you!
Dan
ChopSaver growth in Q4
January 19, 2017
Hi Friends,
Just a quick note to say Happy New Year and to let you know that we have made some significant progress in the last 2 months. I am very pleased to report that recent marketing initiatives have caused CVS/pharmacy sales to double in the last 3 months and we are up 43% over this time last year. Our 2016 Amazon sales are also up 44% over 2015. But we must continue to increase our sales to finally become an established “player” in the industry as we know we are still just scratching the surface. We are crafting an updated marketing campaign for CVS as we speak and it will require additional funds to properly implement.
That we have accomplished this with such limited resources compared to our competitors is truly remarkable. If you or anyone else in your network would like to get involved in an exciting, $1 billion industry, please don’t hesitate to reply. The progress is real but the task remains a challenge and any and all assistance is appreciated.
Thank you!
All the best,
Dan
Dan Gosling
Creator of Gosling’s Original ChopSaver Lip Care
ChopSaver progress
November 23, 2016
Dear Friends,
I trust things are well with all of you as you prepare for the holidays. We continue to receive a steady stream of sample requests from schools and colleges across the country in addition to requests from dermatologists. Our sales in CVS are up 20% over last year and our social media campaign is driving 3-4 thousand NEW visitors to our website every week.
Steady progress to be sure and we are thrilled with what we were able to generate through Localstake. But we are still actively looking for supporters to help us during the next phase of negotiations with other retailers. Our competitors are well funded operations, but they are not selling ChopSaver and nothing can compete with the authenticity of our brand.
Attached is our most recent presentation and there are still ways for people to get involved. If you know of others who might want to join us, please don't hesitate to reach out to them as every day is crucial.
Thank you and Happy Thanksgiving!
Dan Gosling
Creator - ChopSaver Lip Care
ChopSaver investment - final hours
October 14, 2016
Dear Friends,
The ChopSaver investment opportunity will close at midnight Saturday night, October 15th. ChopSaver is a superior product, we have a great team and we have major customers in place. Over the next few years, we will get our share of the $1 billion lip care market. There is still time and we would be honored if you should choose to join us.
I would also like to publicly thank our friends at Localstake for all they have done to help us raise a significant sum of money at this crucial time. They have been great to work with every step of the way.
Thank you all for your consideration and a special thank you to those who have chosen to invest.
All the best,
Dan
ChopSaver offering closing this Friday, October 15
October 10, 2016
Friends,
New ventures are often successful simply based on the sheer vision and determination of the founder. Others are based purely on the superiority of the product and still others have great marketing as their main strength. At ChopSaver, we are proud to say we have all three!
As we begin to negotiate with larger investors, our crowdfunding offering on Localstake will be closing this Friday, October 15. ChopSaver matters because we are solving a need for both musicians and non-musicians alike in ways the other brands simply don’t. I urge you to complete your review in the coming days and reach out with any questions. We'd love for you to be a part of this great new American brand story and relieve a lot of dry, chapped lips in the process!
Thank you!
All the best,
Dan
Discussion
Company Updates
ChopSaver 2017 Review
January 26, 2018
Friends,
2017 was our best year ever! Key metrics include CVS sales that are up 38% in the last quarter over same time last year and Amazon sales up 70% for the same period. The famous "Flying Instruments" video (viewable on our homepage - www.chopsaver.com) has been seen over 3 million times with over 1 million consumer engagements in the form of likes, shares, comments and website visits. A new video created for non-musicians has also just been released. https://www.youtube.com/watch?v=G4dtR1LhjGc
We have had productive meetings with all major retailers including Walgreens, Walmart, Target and Rite Aid. Walgreens is showing the most interest and we hope to have another meeting on February. No guarantees, of course, but our story becomes more compelling all the time. If any of you would like to learn more about our growth strategy, there is no better time than right now. You can email me directly at dan@chopsaver.com.
Thank you!
Dan
ChopSaver growth in Q4
January 19, 2017
Hi Friends,
Just a quick note to say Happy New Year and to let you know that we have made some significant progress in the last 2 months. I am very pleased to report that recent marketing initiatives have caused CVS/pharmacy sales to double in the last 3 months and we are up 43% over this time last year. Our 2016 Amazon sales are also up 44% over 2015. But we must continue to increase our sales to finally become an established “player” in the industry as we know we are still just scratching the surface. We are crafting an updated marketing campaign for CVS as we speak and it will require additional funds to properly implement.
That we have accomplished this with such limited resources compared to our competitors is truly remarkable. If you or anyone else in your network would like to get involved in an exciting, $1 billion industry, please don’t hesitate to reply. The progress is real but the task remains a challenge and any and all assistance is appreciated.
Thank you!
All the best,
Dan
Dan Gosling
Creator of Gosling’s Original ChopSaver Lip Care
ChopSaver progress
November 23, 2016
Dear Friends,
I trust things are well with all of you as you prepare for the holidays. We continue to receive a steady stream of sample requests from schools and colleges across the country in addition to requests from dermatologists. Our sales in CVS are up 20% over last year and our social media campaign is driving 3-4 thousand NEW visitors to our website every week.
Steady progress to be sure and we are thrilled with what we were able to generate through Localstake. But we are still actively looking for supporters to help us during the next phase of negotiations with other retailers. Our competitors are well funded operations, but they are not selling ChopSaver and nothing can compete with the authenticity of our brand.
Attached is our most recent presentation and there are still ways for people to get involved. If you know of others who might want to join us, please don't hesitate to reach out to them as every day is crucial.
Thank you and Happy Thanksgiving!
Dan Gosling
Creator - ChopSaver Lip Care
ChopSaver investment - final hours
October 14, 2016
Dear Friends,
The ChopSaver investment opportunity will close at midnight Saturday night, October 15th. ChopSaver is a superior product, we have a great team and we have major customers in place. Over the next few years, we will get our share of the $1 billion lip care market. There is still time and we would be honored if you should choose to join us.
I would also like to publicly thank our friends at Localstake for all they have done to help us raise a significant sum of money at this crucial time. They have been great to work with every step of the way.
Thank you all for your consideration and a special thank you to those who have chosen to invest.
All the best,
Dan
ChopSaver offering closing this Friday, October 15
October 10, 2016
Friends,
New ventures are often successful simply based on the sheer vision and determination of the founder. Others are based purely on the superiority of the product and still others have great marketing as their main strength. At ChopSaver, we are proud to say we have all three!
As we begin to negotiate with larger investors, our crowdfunding offering on Localstake will be closing this Friday, October 15. ChopSaver matters because we are solving a need for both musicians and non-musicians alike in ways the other brands simply don’t. I urge you to complete your review in the coming days and reach out with any questions. We'd love for you to be a part of this great new American brand story and relieve a lot of dry, chapped lips in the process!
Thank you!
All the best,
Dan