Tapping into an Untapped Market with Josh Goodman
Show Notes & Resources
Josh Goodman is Founder and CEO of PourMyBeer, a leading self-serve dispense technology company providing restaurant operators increased efficiencies and sales, while providing patrons with a better experience. Goodman has been recognized as an Inc. 5,000 award-winner, a two-time entrepreneur, 360-award winner, and a leader in his industry. PourMyBeer has over 10,000 taps in 23 countries, and most recently Coca-Cola European Partners chose to invest in the company. Goodman’s investment in his own technology and his people has provided a foundation for the company’s growth and success.
0:41 - Introducing Josh Goodman
1:25 - PourMyBeer
3:51 - What Sparked the Idea
7:40 - No Need to Panic
14:10 - Measuring Sucess
18:09 - Solving an Issue
21:32 - Big Mistakes, Big Lessons
- Learn how to solve problems without panicking.
- Until the business doesn't need you, you don't have a business, you have a job. So you know, where I've been focusing, a lot of my energy is building and getting the right people and the right processes in place.
- The universe keeps throwing the same problems at you until you learn how to figure them out.
- I'll never be the smartest person in the room. Uh, but I can tell you I don't make the same mistake twice. And I do believe that I've made more mistakes than anyone else out there. In fact, I would go as far as saying we've made more mistakes than all of our competitors combined. But we've never made the same mistake.
- Learn how to do your own bookkeeping, learn how to do your own finances, watch videos, talk to the smartest people, you know, um, it doesn't mean you have to do your own bookkeeping longterm, but be conscious of what your balance sheet looks like.
- But I guess my lesson there was don't sign contracts with expecting that the person on the other side sees a life the same way you do.
- That’s another lesson learned, do your due diligence on people that you're going to go into business with.
- I think it's always important to look at how the dots are connected.
- We may not get it right 100% of the time, but we will make it right 100% of the time.