Skip to main content

What are Banks Really for??????????

So having said all that and being wrapped up six ways to Sunday. It was what was. It was definitely a death sentence, but maybe a slow walk to the rifle range. You see a lot of people blamed me for the position we were in! You know when Araban was small and our sales were 5.7 million dollars a year, we were solid! Yeah i would have to agree with that but where was it going? The other thing was nobody realized the old owner was making $1,000,000 bucks a year and not putting a dime back in to grow the company. I didn't even know that until I bought it and had control of the books so, what are you going to do tell everyone a boohoo story of how the owner underpaid you, overworked you never even knew half your names but it is going to be ok?
No I had a different plan a more transparent plan, but I needed help, I needed to change the culture in a hurry and I felt like I was part of the culture. I needed a few good men to be on a management team that could implement my vision of changing the culture. It was a difficult time at best. In debt up to my ears, I was personally guaranteeing things I couldn't possibly follow through on , but the bank had what they thought they wanted, a sacrificial lamb, and their ironclad security in what was a complete shitshow three months earlier. You know I never even got a thanks from them. That is the trouble with banks, a have theory that could virtually eliminate the workout section of banks but that's for another post. I am talking about revolutionizing the banking industry, but do you think anyone would listen? You know what industry is keeping the economy from growing? It is banks, oh do you know how much money they got in the bail out years? Do you know what small business got in those same years?
We need change and we need it fast, because everyone I have met in the banking industry in the last 20 years should be teaching micro economics at a high school in their hometown!! IT IS A JOKE!!! And no one is standing up to them, why? Really Why? enough for tonight, but there will be plenty more detailed posts to come! Follow, you might find it interesting! That's the plan Stan. Joe

Popular posts from this blog

How To Roast Your Own Coffee At Home!

How To Roast Your Own Coffee At Home!How to roast your own coffee at home! This is a question I have been asked by many people, especially lately. I haven't been actively updating the blog lately because this is one area of my return to the coffee business that I have really been working on.
First of all, coming from a commercial coffee roasting plant, with over 25 years of experience, this question was one I really had to think about. I was thinking, is it even possible to roast a quality cup of coffee at home and secondly, is it worth your time, effort and expense?
Well the answer is a resounding, ABSOLUTELY! Now, with Black Friday right around the corner, I thought this would be a fantastic time to talk a little about the process, the equipment required and some of the nuances you must eventually master to experience the Freshest cup of coffee you will EVER drink!
Now for me, I was lucky enough to pick whatever coffee or blend from my plant on a daily basis, throw a pound in my 1…

Has The Coffee Roasting Business In The U.S. Taken Its Last J.A.B.?#coffee#coffeebusinessnews

Has The Coffee Roasting Business In The U.S. Taken Its Last J.A.B.?
Unless you have been hiding in an unmarked oil well over the past few months, you already must have realized there has been a significant change in the coffee roasting industry. The $40 billion U.S. market has another bully on the block and watch out Nestle, these gentleman are playing for all the marbles.#entrepreneurship

Coffee beans, which is the second largest traded commodity in the world is apparently a target of one of the richest families in Europe. The Reimann family has not so quietly, been actively targeting U.S roasters and using a “price is not an issue" formula!



The cash is there, and they are clearly not afraid to be buying based on future earnings projections. This isn't a strange occurrence for J.A.B., they purchased D.E. Master Blenders, Douwe Egbert for a cool $10 billion. Many analysts refer to this transaction as, "a pure play coffee company".

Their coffee portfolio no…

The Future of The Coffee Roasting Business In The U.S.#coffeefacts#businessopinions#entrepreneurs

The Future Of The Coffee Business in The U.S.

So where do you think the coffee business is going in the U.S.? As I have written in previous posts, there has been major consolidation within this industry over the past few years. Long overdue by any industry standard.

Let's take a look at the factors, roadblocks, and issues this business has, moving forward in the U.S. marketplace. It is far from unique as many industries are in the same boat. But where is the next big breakthrough? Will there be another Keurig? Well no one has a crystal ball, but there are things happening, and most of them, like the 1 cup k cup machines are not on a lot of people's radar yet. But, for someone like me, who has spent more than half of their lives in this industry, I have to believe that will come along.

Again, that next big thing in my mind is still only half the equation! Consolidation of this industry is still in the really early stages, as far as I'm concerned. But, as I sit here an…