we have job openings 24/7 365. i never post about them on linkedin. “hey, i have a job open” every day for a decade probably won't do much. but this is a big one. big enough for my first, "hey, i have a job" post. our company directly competes with 20,000 other companies that make and sell alcoholic beverages. none of us really have much of an advantage - this business scales down pretty nicely so while abi/mcbc certainly has economic advantages over your local brewery, your local brewery has a (consumer&customer) narrative advantage over abi/mcbc. so it comes down to team. the best team will win. while every manager is responsible for the hires they make, nobody will have a larger impact on the quality of our team than our director of talent. if you know someone who might fit this role, please send me a note. or apply: https://lnkd.in/eVuGu5b7
Ross Brockman’s Post
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problem: we’re outgrowing our current production facility (i guess i could use past tense considering use of 3PL and some contract manufacturing). we’ll sell around 1.4 million cases this year and while we can continue to operate with supplemental 3PL and co-man, our gross margin will get even more banged up. we got some early pricing on the build for our next production facility. our debt ratio has always been minuscule and the potential debt to build this new thing scares the shit out of me. we’ve never grown less than 20% YoY - 5 year cagr for most key metrics (volume, rev, gp, ebitda) is around 25% - but i’m not naïve enough to think the music won’t stop some day. that’s fine, challenges get me fired up, but it’s horrifying to think about it happening in close proximity to the debt early in the loan, not to mention the big question mark hanging over interest rates. equity financing to hedge the risk is probably the easy answer, given my brother and i own 100% of the equity, but that feels like a last resort. i asked chatGPT…it didn’t have an answer. 🤷♂️
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i started making these things with no real intent. i saw a video from friday beers and it made me think of something from my own experience, so i made the video. and here we are. it's probably just a way to blow off some creative steam now that i'm not involved on the front lines of downeast marketing. but i did start something new at downeast and i can immediately feel my energy for this waning. which is good, because this isn't very productive. follow @frostypopdonates on instagram to (eventually) see what that new thing is.
Regional Director of The Alpha Group
11moThanks for sharing