Skip to main content

Back To Business!#entrepreurs#lifestories#businesssuccessstories#businessadvice

So in December of 2007, it was a new era for my company. W had the capital, we had new energy, and we had me focused after a 5 month, semi-absence. Well Full-absence if you ask me!
Like I said the financials were, thank god, flawless! You know for all you financial wizards out there! I am still laughed at to this very day, but after its all said and done. If you have more money in the bank than you did the previous Monday, HEY, you were doing pretty good! Now I know that's over simplified, but in a way not really. You see, if you started the week with say, $16,000 and the next week after all your bills are paid and nothing is owed in the company, you have a balance of say $22,000! That means you had a pretty good week!! It is that simple! Cash Flow is EVERYTHING!!
Here I'll save you probably $80,000 for a Harvard B school MBA!
#1 Get The Money!!!
#2 Cash Flow!!!!!
I should just stop there! This is already the most informative blog I have posted! Yeah, really people it is THAT simple to start a business and run one successfully!
So by the middle of December of that year, I was already into talks with companies that were looking to sell in the industry! This was fascinating! It was a whole new world, negotiating to buy a privately held company! This was invigorating it was powerful. I lived to learn and compete! It was the perfect foil for what I needed at the time. I felt alive again!!
Somehow, someway I realized I was a survivor. That is for sure, because out of all the trials and tribulations it took me to get to this point, there was nothing that could stop me. It would sound completely cocky, I know. But if you knew me, that would be the furthest thing from your mind. I just mean, the planets aligned, and I could see it happening. I really can't explain it. Hmm, interesting now I am thinking about this now... Anyway, the deals were on, and things were back on track! It felt good! Really good to get back on track!


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…