Skip to main content

Using What Leverage You Have To the Maximum Extent!

So I finally had a small amount of working capital. working capital that by the way, the bank can't touch! Thank God, right! Because believe it or not, as much as we were struggling and as much as that money would have majorly helped(i know majorly is just made up, but still a cool word), anything that I got regarding assistance in cash, they were going to take.
So that was another great learning experience, negotiating with a bank who wants whatever it can get, to sign off on a loan that they have no power of. You want to talk about negotiations? Like they say in NY, "forget about it". What a learning experience. Again, one that has served me very well in my consulting business. I got a bank that was approximately $3 million dollars underwater, to agree to let me do whatI may with the money!
Hey if that isn't a resounding, "we kinda believe in you", I don't know what is! Let's just say, I felt good!
The plan was finally working and, it was really just the start. Because now, I had to implement my short and long term marketing, and sales growth plan, or I am more in debt!! Hey, what the heck at this point right?
WRONG!!! I just had an unbelievable sense of invincibility, and danger to me became a second thought financially. I was going for it, all in. I was going to win, or lose it all. I became comfortable with that thought process! Hey, I was 37. Enough said.

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…