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The How of Business - How to start, run, grow and exit a small business.

433: Entrepreneurship Journey with Mike McFall

The How of Business - How to start, run, grow and exit a small business.

Henry Lopez, Levante Business Group

Entrepreneurship, Business

4.7522 Ratings

🗓️ 1 August 2022

⏱️ 55 minutes

🧾️ Download transcript

Summary

Tips and advice for starting and growing a small business, based on Mike's 23+ years of entrepreneurship experience and co-founding Biggby Coffee. Michael J. McFall is the Co-Founder and Co-CEO of Biggby Coffee - a fast-growing $200-million-dollar coffee franchise with 300+ locations across the Midwest - and the author of "Grind: A No-BS Approach to Take Your Business from Concept to Cash Flow".

Henry Lopez is the host of The How of Business podcast – helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs.

Transcript

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0:00.0

Welcome to the how of business with your host, Henry Lopez, the podcast that helps you start, run and grow your small business.

0:13.5

And now here is your host.

0:15.6

Welcome to this episode of the how of business.

0:17.8

This is Henry Lopez.

0:19.0

And my guest today is Mike McFall.

0:21.7

Mike, welcome to the show. Thanks, Henry. Great to be here.

0:25.4

Great to have you. Mike's going to share tips and advice for starting and growing a small

0:30.8

business. And we'll also talk a little bit about franchising based on his over 23 years of experience, primarily with Big Bee Coffee, but also as you'll hear

0:40.8

the experiences you've had working with prospective entrepreneurs at the University of Michigan.

0:48.5

You want to receive more information about the How a Business, including the links of the show notes page

0:53.6

for this episode

0:54.3

and how you can continue to support my show and receive exclusive content and discounts

0:59.2

through a Patreon membership. Just visit Thehowab business.com. So Michael J. McFall is the co-founder

1:06.8

and co-CEO of Big Bee Coffee. Big Bee Coffee is a fast-growing $200 million coffee franchise with over 300

1:16.6

plus locations across the Midwest. And he's also the author of the book, Grind, a no-b-S approach

1:24.2

to take your business from concept to cash flow.

1:28.0

If Mike's business philosophy can be distilled down to its essence, it would be this.

1:33.1

Be brave, be humble, be thoughtful, be aware of others and be yourself.

1:40.1

As I mentioned, he also teaches a class called Finding Your Vision at the Center for Entrepreneurship

1:46.9

at the University of Michigan. And we'll chat about that a little bit more in a moment as well.

1:51.6

Mike lives in the Ann Arbor, Michigan area. And so once again, Mike McFall, welcome to the show.

1:57.5

Thanks, Henry. It's great to be here. Looking forward to this. Absolutely. A lot's for you to share.

...

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