'That was the worst day of my business life'

  • 📰 BBCNews
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

How coffee company Equator managed to survive and grow after a major threat to its business.

Media playback is unsupported on your deviceEight years ago, Helen Russell and her wife Brooke McDonnell received some bad news that threatened the future of their business Equator Coffees.

"I didn't see how we could lose that much business and not lay people off at our roastery and default on coffee contracts with our farmer partners." Helen, who has the chief executive title, and Brooke, who is president, could only have dreamt of such success when they launched the business 25 years ago. The idea for Equator came one day when they were taking a coffee break from their job at the time - buying and selling houses.

"We were shocked by the lack of information we would receive from our roaster partners," she says."No one would share what was in the blends, let alone what they were paying to their farmer partners." Helen and Brooke were also female pioneers."When we started in 1995, there were only five women [including us] roasting coffee in the US."Today Equator has a number of high profile business customers, including the restaurants of top US chefs Thomas Keller and Dominique Crenn, and the cafes and coffee bars at the headquarters of Twitter, Google and LinkedIn.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Chalk one up for the entrepreneur...

Sorry

What I see... 'That was the worst day of my business life'

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTSE 100 plunges 8.5% on fears of global recession triggered by coronavirus – business liveRolling coverage of the latest economic and financial news, as stocks slump across the world amid the deepening coronavirus crisis Paniced into recession. Good job. perfevt reason y the free market is not compatable with human life whenever it contradicts human need it crashes 8.5%? ITEOTWAWKI
Source: The Guardian - 🏆 84. / 53 Read more »

Australia heads for recession as stock market falls 7.33% in worst day since GFCMarket loses around $140bn and economists forecast first slump since 1991, as two Sydney schools are closed and coronavirus cases grow Stock prices aren’t what makes a recession I suspect the world will fall into a recession before all of this is over. Will Trump buy Australia? 🤔
Source: The Guardian - 🏆 84. / 53 Read more »

Stock market has worst day since 2008 meltdownMarkets posted worst day since December 2008 when markets were still reeling from Lehman Brothers collapse and housing crisis Wow, never saw this coming ... (!) Keep falling You need to specify which stock market since you are a UK news site reporting on purportedly US news. Know your borders.
Source: The Independent - 🏆 80. / 59 Read more »