First Things We'd Do If We Were Starting a Coffee Shop Today – 07/19/2022

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Intro: 0:00
Laying Out The Episode: 35:12
Step 1 – What Do You Want?: 37:45
Step 2 – Why Do You Want It?: 58:00
Step 3 – Logistics Lineup: 1:04:05

We just ran a series on the questions we are most often asked by those starting coffee shops. Here we discuss the next step – actually putting a plan into action. We detail the first three steps we would take if starting from scratch – simple things you can do mostly for free.

Step 1:
What do you want?
- Career Trajectory
- Work-life balance

Step 2:
Why do you want to do it?
Listen to our Mission, Vision, Values Podcast: https://www.buzzsprout.com/1915210/10124361-how-to-pick-your-core-values-02-22-2022
- Mission: The train – “Uplifting People Through Coffee”
- Vision: The destination – “Match the top 1% of coffee with the top 1% of service”
- Values: The tracks – Put Empathy Into Action, Details Matter, Get Your Freak On

Step 3:
Logistics Lineup
- Concept
    - Full Service
    - Walk-up
    - Drive-thru
    - Kitchen
    - Outsourced Pastry
    - Social vs laptop/work vibes
- Location
    - Sized based on concept
    - Geographical location base on concept and preference
        - Destination spot vs foot traffic/Multi Use Development
    - Rent based on volume and location
    - Competition – kinda.
    - Condition of space you’re looking at
- Funding
    - How does the concept and size & condition of location play into how much money you need
    - Furniture is expensive
    - Spend the cash on the better versions of the boring stuff (refrigeration, dishwashers, etc.)
    - Types of funding
        - Working capital from pop-ups
        - SBA loan
        - Personal Loans
        - Personal Investments
        - Investor
        - Crowdfunding
        - Tenant Improvement Allowance (TI)

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