This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Lifeway Foods CEO Preps for the Post-Greek Yogurt Boom

Stocks in this article: LWAY TGT KR COST WFM

I started my career in social services. I was an in-home family counselor in Chicago working with kids who had been taken out of their homes. I had worked in some really tough neighborhoods and navigated that terrain. I had also been a crisis counselor for a sexual assault community group here in Chicago, a rape victim advocate. I honestly think I got a lot of my crisis-management skills from these experiences , which really came in handy when I had to jump in and lead Lifeway overnight.

One thing that I really relate to -- and I think that my dad even saw was that he had a hard time relating to his path of the consumer market -- was young mothers and women. He was a Russian man with a thick Russian accent, so when they heard the message from him, it was a little different. When they hear it from a young woman who's kind of faced with the same challenges that they are -- balancing family life and career in many cases or just trying to put healthy foods on the table -- I will not put anything out into the marketplace that I wouldn't give my own children. I think that's kind of the dominating force with how we think about innovation and looking at new products that we're going to develop.

>>>How One Woman Broke Into the Auto-Supply Industry

>>>Style Me Pretty's Larson: Women Business Leaders

What lessons did you have to learn right away when you stepped into this position?

Smolyansky: It's really easy to be overwhelmed by a task of running a company or what that even means or looks like. I took it day by day. I managed one issue at a time. I made sure that my team was on board and I collectively brought them all in together and made sure that they felt comfortable with my leadership. I don't know how comfortable they were, but they all stayed on when they could have decided to jump ship.

What do you think is the hardest part about running a public company, especially as you are still young, relatively speaking?

Smolyansky: The biggest challenge right now is just dealing with all the regulatory issues. Unfortunately, a big part of the day is managing regulatory issues as it relates to stocks. It's definitely gotten harder to do it. It's certainly helped us be a stronger, more efficient company, that's really focused on continuing growth all the time.

3 of 5

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs