Latest / Coffee People Podcast / Brad Gutwein of Copper Moon Coffee Joins The Coffee People Podcast.
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- 0:52Hey there everyone. Welcome to another episode of
- 0:55the Coffee People podcast presented by Rostar Coffee
- 0:58Packaging, found@rostar.com. Thank you for being here with me
- 1:03today. I'm your host, Ryan Walt.
- 1:05We're near the end of season 15. If you've missed any of our
- 1:09episodes, we'll curate them in our newsletter, which you can
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- 1:20Apple, Spotify, or YouTube. Thank you for watching and
- 1:23listening, for liking and subscribing, and generally just
- 1:27appreciating the world of coffee and of course, the
- 1:30entrepreneurial efforts that we share that go into your coffee
- 1:33mug. Now that that is out of the way,
- 1:36I hope that you have a cup of good coffee ready because it's
- 1:39time for another Coffee People conversation.
- 1:47We usually start these shows by. I ask my guest to tell everyone
- 1:51who they are and where they are and what the name of their
- 1:54company is. You know what they?
- 1:55Do there. Yeah.
- 1:56Awesome. Yeah.
- 1:57Brad Bootlein, Copper Moon Coffee.
- 2:00We're based in Lafayette, IN, So we've been in business since
- 2:042007. We are a manufacturer.
- 2:08We're a roaster, a packager of coffee.
- 2:11We do cake cups primarily, that's really a major focus of
- 2:16what we do. We also do large bags of coffee,
- 2:19£5 down to 2 LB. Then also we do 12 ounce bags
- 2:23down to fractional bags like 2 ounce little packets of coffee.
- 2:28And so coffee is our focus and that's what what we do everyday.
- 2:33Coffee is your focus today. I know that wasn't always the
- 2:36case. I'm wondering if you'd give us a
- 2:38little background on you. You know how you got your start
- 2:41in business and hospitality generally.
- 2:43You know where where this all started from.
- 2:46Yeah, really began, you know, I guess in the early days, I began
- 2:51working as a as a young kid, We, we, my father had a business and
- 2:57we were expected to, you know, clean the office every Saturday,
- 3:01that type of thing. You know, whether it's mopping
- 3:03floors, filling the pot machine, the candy machine, whatever it
- 3:07may be, whatever was asked upon us, that that's what we did.
- 3:11And you know, like a lot of kids growing up, you know, we would
- 3:15mow lawns and, and do all kinds of house chores, that kind of
- 3:20thing. I also had a leather shop when I
- 3:23was a kid. I started when I was nine years
- 3:26old. I made leather goods like belts
- 3:29and wristbands and and things like that.
- 3:33That was always kind of a fun thing.
- 3:36And and then, you know, played a lot of sports also throughout my
- 3:39life, you know, football, basketball, baseball.
- 3:42So really had a great a great childhood.
- 3:46Yeah, You used the term there. You were expected to do the work
- 3:50for the family. And I think that's an
- 3:52interesting way of, of remembering it.
- 3:56I have a very clear memory of quitting on my family business,
- 4:00which was a restaurant in Wisconsin, you know, going home,
- 4:04which was next door. And of course, a few minutes
- 4:06later, my dad showed up and asked what I was doing.
- 4:09And I told him I was quitting and I didn't want to work for
- 4:12less than minimum wage anymore. I think I was probably in like
- 4:14early teens. And he said, OK, well, that's
- 4:17fine. You're you're allowed to quit.
- 4:18He goes, but now you have to work for free because this is
- 4:21our family business and it's how we pay for things.
- 4:24That expectation of supporting, you know, family because they're
- 4:29family. Yeah, yeah, that's, that's very
- 4:33interesting. It's, you know, yeah, when I say
- 4:36expectation, it was like there's always work to be done.
- 4:40And we didn't have a lot of idle time.
- 4:42You know, we were expected to, to do the things around the home
- 4:48and then things to help in the family business on the weekends.
- 4:51And it was really, in retrospect, very good, you know,
- 4:54really good experiences to learn how to do things, learn how to
- 4:57take care of responsibilities, learn how to, you know, properly
- 5:04clean and office, whether it's sweeping, mopping, dusting.
- 5:09And it really taught me also that there's nothing that's
- 5:11beneath you. You know that if you're called
- 5:14upon to do something or it needs done, you jump in and you get it
- 5:17done. Speaking of family, I know now
- 5:21you work with your brother and I believe your daughter has come
- 5:23on board as well. When you were first starting out
- 5:26in the family business and kind of working past that, being a
- 5:29kid working for the family, what was that that like, I don't
- 5:32believe you were in coffee or your family wasn't in coffee at
- 5:35that time. How did that all get started and
- 5:37and what made you think you wanted to follow that path that
- 5:41you know had been, I don't want to say laid out, but been role
- 5:43modeled for you? I always had, I think growing up
- 5:47in the family business always had a desire because I saw the,
- 5:53I think the benefits of operating and and working in a
- 5:56family business. So it was always a desire of
- 5:59mine to do so. We grew up in, in a business
- 6:03that my family business was a feed milling business.
- 6:08So it was livestock feeds distribution business.
- 6:12And it was a really a business that it started in 1920 for my
- 6:18great grandfather. And that business survived over
- 6:22the years. And that when I went through
- 6:24school, I went to Purdue University, graduated in 1989.
- 6:29My first job was to, I work for Marriott Corporation for a
- 6:32period of time. I really didn't enjoy it and I
- 6:36didn't have any vested interest in the business.
- 6:40And I thought, man, there's got to be something better.
- 6:44And my father's business kind of needed some help at the time.
- 6:47And so I left Marriott to join the family business and there
- 6:52was no looking back. Once I did that, I knew that's
- 6:54what I wanted to do. I believe that business was, you
- 7:00mentioned distribution and agriculture.
- 7:03Bird feed at some point became a big part of that.
- 7:06I believe with your brother. At some point you're running,
- 7:09you're running businesses. You, your focus has to turn to
- 7:13coffee for some reason. What was the impetus for that?
- 7:17I mean, what made you think, oh, this is, this is an industry
- 7:20that I is appealing to me. I'm assuming you're drinking
- 7:24coffee at this point and you're looking at your coffee cup.
- 7:27What happened there to make you go?
- 7:29We're going to totally change what this family focus has been
- 7:32all this time into a new industry.
- 7:34It really, I guess it probably started even even before, before
- 7:39I went to college. I grew up with my my parents
- 7:42drank coffee all the time. My grandmother drank coffee all
- 7:45the time. Coffee was always kind of a part
- 7:46of our staple of our day. And so I really saw the
- 7:50benefits, I guess you would say, of drinking coffee because it
- 7:54just brought people together. It spurred a lot of good
- 7:57conversations. It was a time of relaxation when
- 8:02we were running our bird food company, which was morning song
- 8:06wild bird food. I had a private label coffee
- 8:11made for our company. It was a bird friendly coffee
- 8:14and I thought that was really a great tie in because around our
- 8:18facilities we, we all drink coffee every day.
- 8:21And so why not have a private label bird friendly coffee to
- 8:24serve to our employees and to give them as gifts, you know,
- 8:27during the holiday season. And so once we we sold that
- 8:34business in 2007, or excuse me, 2005, I began looking for a
- 8:41coffee business just because coffee just seemed to be the
- 8:45thing that interested me the most.
- 8:48I looked at other businesses that had different consumer
- 8:52products, but everything kept coming back to coffee in terms
- 8:57of what I was really interested in doing and what I thought I
- 9:00would enjoy for years to come and that proved proved to be
- 9:05true. That's it.
- 9:06It has been. It's been a business that I
- 9:09enjoy it. It's not without its challenges,
- 9:11like any business, but everything pointed to coffee and
- 9:15it was the right choice. You acquired a company when you
- 9:20got into this business, Copper Moon Coffee, instead of
- 9:23launching a new say, and I hope I'm pronouncing this right.
- 9:26Gootwin Brothers brand, for example.
- 9:29Yeah, Gootwine, Yeah. Gootwine apologies.
- 9:32Why look to acquire instead of startup?
- 9:36Yeah, that's a good question. You know, I felt, I felt it
- 9:40would be better to try and acquire a business if there was,
- 9:45if there was 1 available at the time that I wanted to purchase
- 9:47one. I felt it would be better to
- 9:49acquire if we could find a good foundation, a business with a
- 9:55good foundation, meaning a good group of people, a good group of
- 9:58capabilities that were already in place and that would have
- 10:04been easier and was easier than starting it from a Greenfield,
- 10:08starting it from scratch. We also along with not only the,
- 10:14the people, the capabilities, it it's nice to have a book of
- 10:17business to begin with as well to have some good cash flow
- 10:21right out of the gate and to have people that already were
- 10:26knowledgeable in the category. So we we were able to learn at A
- 10:31at a pretty quick pace. How did you go about looking for
- 10:35this business? I find when I'm looking at
- 10:37businesses for sale, often I see people looking to get enough
- 10:42money to cover what they owe out of it, but not necessarily
- 10:46offering a smart business plan for the next person to succeed.
- 10:51So what was it that you you saw about this business that made
- 10:54you think this was the right one beyond just there?
- 10:57There's some good people in a book of business.
- 10:59You know what was more specifically?
- 11:00Yeah, it was a number of things really.
- 11:05The location was really critical.
- 11:07It the business was located in Indianapolis, which is near my
- 11:12hometown of West Lafayette, IN. That was a critical component of
- 11:17of this making making sense. If it would have been located,
- 11:21you know, in some other state, that would have been probably a
- 11:24no, But this one was located in the right spot.
- 11:28It was also owned by a private equity firm.
- 11:33The private equity firm that owned it, really, when I reached
- 11:37out to them to inquire whether or not they were interested in
- 11:40selling, they really shared with me that, you know, it's really
- 11:45not a core asset. It was, it was part of a bundle
- 11:48purchase of, of something else they purchased.
- 11:52It not being a core asset for them allowed it to make sense
- 11:57for us. Sure.
- 11:59When you say that, I, what I imagine is there's not somebody
- 12:03at this equity firm that's day-to-day paying attention,
- 12:06hands on caring about it in the same way that I'm assuming you
- 12:11and and your team does. Yeah, yeah.
- 12:15They've had some really good people and but they didn't have
- 12:18a long term vision for what they wanted to do with the business.
- 12:25And so I think the timing was really good.
- 12:27And you know, many times that's kind of the case.
- 12:30If you find something that's a good fit and the timing is right
- 12:34it it it all can work out really well.
- 12:38You mentioned the timing. You know, you've, you've had
- 12:40Copper Moon now for quite some time.
- 12:42What was it that you bought then, and what have you grown it
- 12:45into? Yeah.
- 12:47I think what we bought then was a a little bit of structure.
- 12:52We we had a facility that was based in Indianapolis.
- 12:57It was a lease facility. We then moved the facility, the
- 13:01entire facility, all the equipment actually we bought all
- 13:04new equipment, built a brand new plant in Lafayette, IN which is
- 13:09about 50 miles north of Indianapolis.
- 13:12That worked out really well because along with that we we
- 13:15bought 25 acres of land and we have over the years just
- 13:21continued to expand our facility and our footprint and our
- 13:25capabilities since since the original purchase.
- 13:31Once you buy this, I mean, it's, it's, it's different to think
- 13:35about it than to actually be in it.
- 13:38So I'm wondering, you know, what happened after the purchase that
- 13:41maybe you weren't expecting, You know, what sort of challenges
- 13:44did you meet and and how did you work through those?
- 13:46Yeah. Well, you know, that's a good
- 13:49question. That's one thing I'd say about
- 13:51the coffee category. It's a really, really big
- 13:54category. You know, it's you know 60 to
- 13:57$80 billion category and it reaches globally of course.
- 14:03So there are challenges, no question.
- 14:06It's, it's a, it's a business that has presented many
- 14:09challenges. I think different challenges
- 14:11from year to year. Those challenges currently are
- 14:15the fact that we're we're dealing with green coffee at an
- 14:18all time high in terms of cost, we're dealing with tariffs.
- 14:22So, you know, that translates into dealing with passing along
- 14:26very necessary price increases to our customers, which we don't
- 14:31like to do, but you have to do it to maintain a healthy
- 14:35business. So those are the challenges.
- 14:38And it's interesting, we went for a long period of time where
- 14:43the cost of green coffee, which is the, you know, green coffee
- 14:46before it's roasted, of course, we didn't have price pressure on
- 14:51green coffee for a number of years with very stable market
- 14:54conditions. But that's changed in the last,
- 14:57you know, 18 to 24 months. So that, that's been kind of a,
- 15:02the most recent challenge. I think other challenges that
- 15:05we've had along the way, you know, finding the right people
- 15:08to bring into our business, you know, we look for really good
- 15:12quality people that share our our values and share our
- 15:16mission. And we really like to find and
- 15:19have found so many good people that are just really great to
- 15:22work with. But you know, that's, that's
- 15:24always a challenge I think of pretty much any business.
- 15:29You mentioned tariffs, which is day-to-day.
- 15:33I mean, today as we're talking, I know it's going before the
- 15:35Supreme Court and it is a very, it's a, it's something that's
- 15:40impacting not just coffee, but most everyone because everything
- 15:44that we're purchasing is getting impacted to some extent.
- 15:47I'm wondering if the customers that you have, as you're saying,
- 15:50hey, our prices are going up. Are you feeling that they're
- 15:55understanding because they're seeing the situation in the
- 15:57world as well politically and with economic economically with
- 16:01the tariff situation and are they accepting of the raised
- 16:05prices or are they saying, look, we just can't do this anymore in
- 16:09this way, we need to find alternatives.
- 16:11I mean, what has been that customer reaction to you is one
- 16:15thing to say we're passing, we we need to pass these costs
- 16:18along. But at some point, there's going
- 16:19to be a customer who says, yeah, we can't do that.
- 16:22Right. Yeah.
- 16:23And and it is a little bit of a of a blend, a blend of what you
- 16:27mentioned. Some are accepting and
- 16:29understanding, some are understanding and not accepting.
- 16:33So they may, they may, they may understand these are the market
- 16:38conditions, but we're not going to accept.
- 16:41Those are the challenging ones for sure.
- 16:44And so you have to make some tough calls and find ways to,
- 16:49you know, you know, develop and build business with the
- 16:52customers that are really going to be reasonable to deal with.
- 16:58That combined with a high C market price.
- 17:02How has your sourcing changed over the last couple of years?
- 17:06You know, in coffee in particular, we a lot of brand
- 17:10identities revolve around sustainability and green coffee
- 17:14sourcing and how they do that. How does Copper Moon approach
- 17:17that? I mean, what has been the, the
- 17:19mission there and goal? You mentioned mission and and
- 17:21ethos, so I assume there's something tied in there.
- 17:25Yeah, we've been, we've been fortunately we have really good
- 17:28suppliers that have have been very resourceful for us.
- 17:32So that's, that's been really good.
- 17:37So we've we've, we've had challenges, you know, we talked
- 17:40about all these challenges. We've had challenges sourcing
- 17:42the right kind of coffees, getting them in on time.
- 17:45But at the end of the day, we haven't had any, any major
- 17:50hiccups, any major supply chain issues.
- 17:54But it's a little bit different in terms of where we're getting
- 17:57our coffee. And we're making sure that our
- 18:00the integrity of all of our blends is maintained.
- 18:04And I think for the foreseeable future, we'll we'll continue to
- 18:08have some of these challenges maybe until these tariffs are
- 18:11relieved. Hopefully the cost of coffee
- 18:14comes down when the terrace came off, that would be ideal.
- 18:17I feel like once things go up, they rarely go back down, Brad.
- 18:22But that's just my experience when I'm reading through your
- 18:26website, Googling, you know, Copper Moon Coffee and you, I
- 18:31find that there are a lot of, a lot of things that you, you
- 18:36support causes or connections. There's a whole space science
- 18:40STEM connection listed on your website, which was unusual.
- 18:44Most coffee businesses and most businesses have things outside
- 18:47of that that they are passionate about.
- 18:49But that one I felt was unique. Why that why the focus there?
- 18:53And, and how does the, how do you use this platform and this
- 18:58company? You have to do other things in
- 19:00the world. Yeah, good question.
- 19:03The connection for us to space is it really kind of goes back
- 19:08to in, in, in 2019, we wanted to do a, a real brand overhaul and
- 19:14not not just a refresh, but a real brand overhaul and we
- 19:17wanted to capitalize on the name Copper Moon.
- 19:21And I think in doing that, we, we just kind of took a step back
- 19:24and we said, let's think about, you know, how our brand could be
- 19:28very authentic and really talk about not only the, the proper
- 19:34moon, which is the perfect alignment of the Earth, the sun
- 19:38and the moon. You know, it's, it's a total
- 19:40eclipse, but we wanted to align ourselves with things that made
- 19:44sense that, that were transparent.
- 19:48And so we thought it would really be great to capitalize
- 19:52also on the, the surging interest an activity in the
- 19:59world of space exploration. And so as we began to think
- 20:04about that and think about the fact that, well, we're also in
- 20:07West Lafayette IN the home of Crude University, the home of
- 20:10the cradle of astronauts and all that's going on in space
- 20:14exploration. We thought it would also give us
- 20:18an opportunity to to have a brand developer brand in a way
- 20:21that would be less serious and more fun and it'd have a little
- 20:26bit of blend of both. But it would be less serious
- 20:29than what a lot of brands we saw were pursuing, like a real
- 20:32serious, pretentious kind of identity.
- 20:36And we didn't really want that because that's not who we are.
- 20:39You know, we're more, we're a family business and we wanted to
- 20:42really be able to portray the right kind of branding.
- 20:44So we redid all of our branding with a theme of space and space
- 20:50exploration. And then we thought who could we
- 20:55connect with and support that is connected to the world of space.
- 21:00And so we reached out to the Astronaut Scholarship
- 21:05Foundation, which is based in in Florida and developed a, a
- 21:09really nice partnership with ASF.
- 21:12That partnership was began in I believe, 2020.
- 21:16It's really been nice. It's really been good because
- 21:18we've, we've hosted astronauts at our facility in Indiana,
- 21:24given them tours of our facility and they've tasted our coffees.
- 21:29We had great discussions and you know, really nice opportunities
- 21:34with them not only at our facility, but then every year we
- 21:37attend the ASF Gala in Cape Canaveral where we're a sponsor
- 21:42of the the event. We're one of many, but we're one
- 21:46of the sponsors of the event. We've donated over $75,000 to
- 21:51them and have provided 5 scholarships that are given to
- 21:55students that are pursuing STEM degrees.
- 21:58So. Has any of the copper Moon
- 22:01coffee made it up into space? I know weight is pretty
- 22:04restricted there. Not yet, but that is.
- 22:07That isn't the game plan. I would hope so, yeah.
- 22:10Speaking of Florida, you're the CEO of Manatee Coffee as well.
- 22:15How does that fit in? Why look for another brand
- 22:17separate from Copper Moon? You know, What was it that
- 22:21intrigued you enough to make that leap later on in this
- 22:24business? Yeah.
- 22:26Manatee was an opportunity that we saw.
- 22:29It was a brand that was started probably in you know around 2005
- 22:35I want to say. And we were looking for a brand
- 22:39that would have more of an ecological identity and it would
- 22:44be kind of A cause oriented brand as well.
- 22:48And we noticed the Manatee brand in the Florida market.
- 22:52I approached the owner of the brand and we purchased that in
- 22:562010. And it's really been a very good
- 23:00direct to consumer brand for us. And also we are on the retail
- 23:05shelf in some club environments as well with that brand and it's
- 23:08growing, it continues to grow every year with that particular
- 23:12brand. We support various organizations
- 23:15like the Mote Marine Lab, we support the Save the Manatee
- 23:20Foundation, the Clearwater Marina and a few others like
- 23:26Friends of Manatee Laguna. They're doing the work to
- 23:29support manatee habitats. I don't mean to be terribly
- 23:33cynical, but sometimes cause based brands in all industries,
- 23:39they either lean so far to the 'cause that they forget about
- 23:43the thing that they're selling because you're just paying for
- 23:45the cause or they're using the cause kind of just to sell, you
- 23:50know, a product, which I'm, I'm pretty OK with it as long as the
- 23:55money is going to the right places.
- 23:57How do you find that balance, you know, coffee versus cause?
- 24:01How do you say like, well, we're selling this idea that we're
- 24:04supporting this thing, whether it's STEM or manatees or
- 24:06whatever, but we're also trying to give you a product we hope
- 24:10you'll enjoy. Oh, yeah, yeah, for for us,
- 24:14which I think that's a really good question.
- 24:16For us, coffee is always first. We are first coffee and we have
- 24:22to have a very good high quality coffee because if we don't have
- 24:25a coffee, there's you can't support anything.
- 24:30So we have to have a really good quality coffee.
- 24:32That's really our focus. And the more success we can have
- 24:36a coffee, the better support we can provide to A cause.
- 24:41There's a program in the Midwest, I'm not sure if Indiana
- 24:44has it, called Junior Achievement.
- 24:45Are you familiar with that program?
- 24:47Young business entrepreneur program that I went through as a
- 24:50kid and I think it's a, it was a good example of this idea that
- 24:57sometimes people will support things just to support them,
- 25:02even if the product isn't great. In that case, we were, I was
- 25:05selling I think popcorn baskets, right for I don't think anyone
- 25:09really want to pay $10.00 for a popcorn basket, but they
- 25:12supported that program at the time.
- 25:14Does it matter to you if your customers care one way or
- 25:18another about the causes or is that is the idea that we're just
- 25:24going to get this out there? I'm assuming these are causes
- 25:26you are also interested in and or you know your team is in a
- 25:30way. Is it a situation where you like
- 25:33any any Ave. into their life to present this thing that we care
- 25:37about? Or does it matter that they care
- 25:39about the coffee? Or do you find that they care
- 25:41one way or another? I believe that they do care
- 25:46about the the the coffee for sure, because the repeat sales
- 25:52would would indicate that I think it would be interesting
- 25:57and we don't know how many people are really purchasing the
- 26:00coffee because of the 'cause we believe there'd be a pretty high
- 26:04percentage, but not sure. You we've mentioned several
- 26:09times family business. Who in the family is part of
- 26:14this business and how do you put up with them every day?
- 26:18Yeah. So of course, my, myself and my
- 26:21brother Carrie, we are the ones that purchased the business back
- 26:25in 2007. And currently in the business
- 26:28also is my oldest daughter who is our marketing communication
- 26:33specialist. What what are the what is the
- 26:36benefit to working with family? You know, why make that choice
- 26:40as opposed to say, go out into the world and find someone who
- 26:43matches your business ethos or you know your mission.
- 26:47You know, what are the benefits, what are the challenges that led
- 26:51you to that with your brother and now with your daughter?
- 26:54Yeah, well, with, with my brother, he and I, he, he and I
- 26:59have worked together since we were kids.
- 27:01So we know each other really well.
- 27:05He is wonderful to work with in so many ways.
- 27:10He has great capabilities, really a good, he's a good,
- 27:14steady, hard working person that just understands a lot of things
- 27:19about business. So he's he's a joy to work with.
- 27:22There's also a tremendous level of trust that you have when you
- 27:26work together your entire lives and you understand how you work,
- 27:30how you think that we don't, you know, always think the same on
- 27:34everything and that's healthy. That's good.
- 27:36We don't really see the things the same way.
- 27:38That's that's healthy and good too.
- 27:40We're always interested in the best outcome, you know, for the
- 27:43business. And so, so that's been really
- 27:47good. And then my daughter really, she
- 27:50began doing an internship with us in, in her final semester of
- 27:55college and we had no intentions whatsoever for her to come into
- 27:59the business. She was going to graduate and go
- 28:02pursue her own career. That career just happened to be
- 28:05in in social media marketing and communications.
- 28:10And as she did the internship, we're like, wow, this is really
- 28:14good. It just made sense and she was
- 28:17the best talent that we could find and continues to be great
- 28:20to this day. I worked with both of my parents
- 28:25and with my dad more specifically.
- 28:27And now that I don't, I, I sometimes wonder how on earth
- 28:33did I survive that? But I also bring, you know,
- 28:36these wonderful life lessons and I talked about it quite a bit on
- 28:39this show. How do you feel about the idea
- 28:42that this family business will continue to be family or that
- 28:46your daughter's going to kind of continue bringing it up?
- 28:49I know you had mentioned early in our chat that there was a
- 28:53family business this whole time. And even though it's not called
- 28:56the the good wine family business, how does that make
- 29:00you, you know, what is your feeling about the legacy of that
- 29:03and in particular in the Indiana, you know, region?
- 29:08You know, that's an interesting question.
- 29:11I don't really think a lot about legacy.
- 29:14I would say I, I probably think more about like lasting impact.
- 29:19I think about our people that work at Copper Moon, I think
- 29:22about their families, really the, the difference that we can
- 29:26make just running a good business, the difference that we
- 29:29can make by, by them working at Copper Moon, the quality of life
- 29:34that they can have by working at Copper Moon.
- 29:38So I, I think more about, about that than I do even about
- 29:43needing to be sure we pass this business on to the next
- 29:48generation. I think about, you know, today,
- 29:51let's make sure that we've done things really well and taking
- 29:55care of everybody that that, you know, devotes a lot of time and
- 29:58effort and energy to to making copper movement what it is
- 30:01today. Roast our coffee packaging
- 30:04supports this show based out of Wisconsin, just north of you.
- 30:07There, they've asked me to try to glean some advice for other
- 30:12entrepreneurs. And so you acquired this
- 30:16business. What question should young
- 30:19entrepreneurs who are considering buying a business or
- 30:22buying into a business, you know, what should they be
- 30:25asking? You know, what advice would you
- 30:27offer them if they came to you and said, hey, Brad, I'm
- 30:30thinking about getting into business.
- 30:31I think I'm going to look for something to buy.
- 30:34What should I know? I think about, I think about
- 30:39what I the way I went about it. That's kind of all that I know
- 30:43is that I would ask and did ask, what do I want to do with my
- 30:48life? What do I want to do with my
- 30:50time? How am I wired up?
- 30:53What am I made to do? How do I want to invest the
- 30:57next, you know, several years in a career?
- 31:01And then I would consider, you know, what are what level of
- 31:05risk if I'm willing, willing to take and, and then what type of
- 31:10business do I want to operate? You know, I look at these other
- 31:13so many different, whether it's consumer goods or industrials or
- 31:18technology, whatever it may be. And then I would find that area
- 31:23that seemed to be of most interest to me.
- 31:27And that was really the process I went through.
- 31:30And that's why I mentioned earlier, I kept coming up with
- 31:33coffee. Coffee was still, you know,
- 31:37piquing my interest more than anything else.
- 31:40You mentioned what level of risk you're willing to take on and I
- 31:43think about that a lot because the level of risk that I'm
- 31:47willing to take on has to also match up with the level of risk
- 31:51my wife is willing to take on as a small business.
- 31:54And so when you're working with family or you are taking on a, a
- 31:59challenge, you have to, you have to make sure everyone's on board
- 32:03because if they're not supportive, you know, it's going
- 32:05to be real tough to come home and say, we had a bad day and
- 32:10tomorrow there'll be a good day. You know, what do you do when
- 32:12businesses, how do you stay uplifted?
- 32:15How do you stay, you know, pushing forward when things are
- 32:18challenging? Yeah, that's a good question.
- 32:22You know, 1st is my faith. Honestly, you know, I think if
- 32:25you have a rough, rough day yesterday or rough day today or
- 32:29tomorrow, whatever it it, it all really in the big picture of
- 32:32things isn't a big deal. You know, I granted my faith in
- 32:37Christ. That's that's number one for me.
- 32:41So I really get most of my daily guidance in, in God's word.
- 32:49So that's, that's number one. I also have an incredibly
- 32:52supportive spouse. My wife is the best,
- 32:56encouraging, supportive. And you know, most things are
- 32:59pretty temporary. Most of our problems, most of
- 33:01our issues, challenges are pretty temporary.
- 33:03So if you can push through, have a hopefully positive vision for
- 33:10what the outcome would be and you know, keep moving, keep
- 33:15fighting, stay passionate, stay connected, have good friends
- 33:20around you, you know, people that you can talk to that that's
- 33:24been my approach and it it's worked for me.
- 33:28I only talked to the dog and he never, you know, he always
- 33:32agrees with me, which is great. I don't mean to presume that
- 33:36you're a football fan, but if you are, Indiana football is
- 33:39kind of having a moment up there.
- 33:40How excited is everyone in Indiana?
- 33:43Well, that's a that's a very, very good question.
- 33:47I've got to say, I've watched more IU football this year than
- 33:51ever before. And I'm a Purdue grad, so the IU
- 33:55football team and the folks there have done an incredible
- 33:59job, been a pleasure to watch. I've definitely had more, more
- 34:04comments about being a Purdue fan, you know, this year, of
- 34:07course. Well, they're finally tasting a
- 34:10little bit of the joy that you've already experienced in
- 34:13your life. You know that's.
- 34:14Kind of. How I look at it?
- 34:16So yeah, the only thing I, I have to shoot back right now is,
- 34:18you know, Purdue basketball's ranked #1 so, so we've got that.
- 34:24And college basketball just started.
- 34:25I've been looking forward to it myself.
- 34:28What comes next for you and, and for Copper Moon and Manatee or
- 34:32for this coffee business that you're, you know, you've been
- 34:34building and and are continuing? You know, we, we, we continue to
- 34:39be innovative. We continue to want to increase
- 34:45our market share. We're focused on doing that
- 34:47whether it be brick and mortar or direct to consumer.
- 34:52We continue to be challenged by many things that present, you
- 34:56know good opportunities for us. So our our mission really is to
- 35:00continue to grow the business, stay innovative, stay hungry and
- 35:06continue to find great people to work with in the company and
- 35:10great customers to acquire to grow our business for the
- 35:13future. Did I miss anything today that
- 35:16you wanted to mention or that we just, you know, I just kind of,
- 35:19I didn't give enough time to. I don't believe so.
- 35:23I, I, I think, I think it's really, really good.
- 35:27You know, I think your questions are great.
- 35:30I appreciate that, Brad. My last question for everyone is
- 35:34always when you stop into a brick and mortar cafe, what are
- 35:39you going to order? I always go for a ice I I go for
- 35:46an iced americano. Double shot iced americano is my
- 35:49go to. Even in the winter time.
- 35:52Even in the winter time? Yep.
- 35:54Oh man, those Indiana winters can be a little brutal.
- 35:58They're brutal. Brad, I really appreciate you
- 36:02being here on the show and giving us some of your time.
- 36:05Copper mooncoffee.com, manateecoffee.com.
- 36:08We're going to share all of those links in our show notes in
- 36:11our newsletter, which anyone listening can find if they
- 36:13search for coffee People Podcast coffee peoplepodcast.com.
- 36:18Thank you for listening to our friends and supporters like
- 36:21Rostar Coffee Packaging. Thank you for helping us share
- 36:25the stories of coffee people like Brad.
- 36:27Cheers, everyone. Don't forget to tip your
- 36:29baristas and thank you for drinking good coffee.
- 36:35Hey everyone, I hope you enjoyed that episode with Brad.
- 36:38I just wanted to pop in here at the end to say thank you for
- 36:41listening and sharing. Please tip your baristas and be
- 36:45sure to drink good coffee. The.