Michael J. McFall is the Everyman CEO. Mike doesn’t have a yacht or an MBA, and you won’t hear him talking about being disruptive, leveraging assets or changing paradigms. He is, however, the founder of Global Orange Development and the co-CEO of BIGGBY COFFEE®, a fast-growing $100-million-dollar coffee franchise with 250+ locations across the Midwest. At a time when there’s a lot of confident-sounding startup advice from academics or ultra-wealthy tycoons, Mike’s remarkable life journey from minimum-wage barista to business leader has given him a very different outlook. His perspective on business—shaped spending the last 23 years helping hundreds of people open and operate successful coffee shops—provides a much-needed road map for today’s entrepreneurs so they can turn their ideas into a profitable reality.
The purpose of starting a business is not to make a profit. The purpose of starting a business is to find profitable solutions to the problems of people and the planet. Conscious capitalism takes Milton Friedman’s theories of shareholder supremacy and throws them out the window. The philosophy of conscious capitalism has four tenets: Higher...
July 13, 2020
This $100 Million Biggby Coffee Empire Co-CEO Shares the Secret to Turning an Idea Into a Positive-Cash Flow Business
This excerpt appears in "Grind: A No-Bullsh*t Approach to Take Your Business from Concept to Cash Flow," written by BIGGBY COFFEE® co-CEO Mike McFall. For more information, visit grindthebook.com. Be patient with the results but aggressive in execution! If I have learned one thing in my career, it’s that nothing happens as quickly as I...
January 14, 2020