How Can you Generate Growth in a Hyper-competitive Marketplace?

July 25, 2019 00:17:20
How Can you Generate Growth in a Hyper-competitive Marketplace?
The Family Business Voice
How Can you Generate Growth in a Hyper-competitive Marketplace?

Jul 25 2019 | 00:17:20

/

Show Notes

On this episode of The Family Business Voice, Kelly Spiker, second-generation coffee entrepreneur and COO of Woods Coffee, talks to Ramia about generating growth in a hyper-competitive marketplace while working to improve the lives of others in the community.

– Competition isn’t necessarily something to be afraid of; growing a coffee business at the same time as Starbucks’ rapid expansion worked in Woods’ favour.

– By carefully curating their products as well as their space, Woods has built up a loyal customer base that enjoys both the coffee and the community.

– Community is essential to philanthropy as well. Giving back is important, but so is engaging others to reflect on what they too can add.

Other Episodes

Episode 0

March 11, 2022 00:19:45
Episode Cover

What can we Learn from the World's 500 Largest Family Businesses?

More than half of all companies globally are family owned or operated, contributing to 70% of the world's GDP and accounting for 65% of...

Listen

Episode 0

July 02, 2019 00:26:38
Episode Cover

How Can Family Businesses Mitigate Disruption?

On this episode of The Family Business Voice, Amy Thompson from Monkey Business Catering dicusses her family’s non-linear journey to entrepreneurial success. – The...

Listen

Episode 0

December 04, 2019 00:18:10
Episode Cover

Where does Innovation Grow?

On this episode of The Family Business Voice, Sheel Tyle talks to Ramia about the immigrant dream of his parents, how this dream translated...

Listen