80. Navigating the Different Seasons of Business in Coffee

SUMMARY:

Join hosts Aaron, Drew, and Ben as they brew up a lively discussion about the ever-changing seasons of running a coffee business, with a focus on the drive-thru game. Whether you’re dreaming of your first stand, bootstrapping a startup, or scaling to multiple locations, the trio shares wisdom from their ventures in the U.S. and Belize. They explore how strategies evolve over time—think of it like outgrowing your fifth-grade pants—and emphasize the importance of setting milestones to guide your growth, from hiring and equipment to property decisions.

 

The hosts dive into three key areas: when to bring on staff like a regional manager, whether to stick with used gear or invest in new machines, and how to balance leasing versus buying land without stunting your progress. They highlight cash flow as a critical indicator, warn against overspending or getting stuck in startup mode, and unpack the X factor—those curveballs like market copycats that demand flexibility. With real talk from their own journey, they reveal how cutting costs early (think Square POS and second-hand equipment) can pave the way for strategic investments later.

 

Tune in for practical tips on multiplying revenue through smart moves like delivery or new product lines, all while keeping that rebellious coffee spirit alive. This episode blends humor, stories, and actionable advice to help you pour your passion into a thriving business, no matter the season. Visit myfirstdrivethru.coffee for more insights and expert guidance to fuel your coffee dreams!

 

Minute by Minute:

0:00 Introduction

4:11 Cashflow in different stages of your business

9:42 Looking at your stage holistically 

15:30 Don’t get too married to your plan

18:29 Looking for ways to grow revenue