On this episode, you will hear the Self Made Strategies of Nick Bayer, CEO and Founder of Saxbys Coffee. Nick Bayer has always been in the business of bringing people together, whether it’s as one of Philadelphia Business Journal’s “Most Admired CEOs” or as a consummate team captain since Little League. So when he created Saxbys in 2005, Nick never really considered it to be a coffee company — instead, it’s a social impact company fueled by amazing food, beverage and hospitality. Philadelphia-based Saxbys has since grown from one corner cafe to nearly 30 units with a singular mission:
MAKE LIFE BETTER.
Saxbys is a hospitality business fueled by great coffee. We pair the local, friendly atmosphere of a neighborhood coffee shop with consistently delicious products you’d find at a big name coffee place.
Today, that team spans over 700 members across the Northeast that represent the change-makers of tomorrow. To that point, Nick introduced Saxbys’ pioneering Experiential Learning Platform (ELP) in 2015 in partnership with Drexel University — the nation’s first entirely student-run cafe where students earn full academic credit and wages through a university cooperative education platform. Nick’s vision for the platform is to embolden the next generation of entrepreneurs, providing undergrad students with tangible experience as a supplement to traditional classroom learning. In three short years, one ELP cafe has blossomed to twelve.
Nick is joining us today to discuss how he developed the concept for Saxbys, and a system that is repeatable and scalable by college students. For those of you who don’t believe millennials can pull off amazing things prepare to be blown away.
NOW also available on the Self Made Strategies YouTube Channel: https://www.youtube.com/channel/UCOG-mybCfvYWhoXo4vPoB5g
On this episode you will hear Nick discuss:
- How Nick developed the idea for Saxbys
- Out of all the mission statements Nick could have selected, why he decided on “Make Life Better”
- Pitfalls and issues in developing a system that focused on college student’s essentially running the majority of Saxbys’ business
- How to overcome the pitfalls in running a business focused on college students
- How Saxbys developed a system that was repeatable and transferable to students with little/no career experience
- Why Nick trusts student CEOs to run $1,000,000+ businesses
This Self Made Strategies Podcast is a SoftStix Productions LLC jawn. This episode was hosted, produced and edited by Tony Lopes, in Philly, PA USA. Nick joined us remotely, via Zoom, from Philly, PA USA.
The Self Made Strategies Podcast is sponsored by Lopes Law LLC (www.LopesLawLLC.com)
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