51 - Building a 7-Figure Coffee Business with Mouyyad Abdulhadi

🚨MY NEWSLETTER https://nikolas-newsletter-241a64.beehiiv.com/subscribe 🚨Join me, Nik (https://x.com/CoFoundersNik), as I talk with Mouyad Abdelhadi (https://x.com/MouyyadA), CEO and co-founder of Pax & Beneficia Coffee. In this episode, we dive deep into Mouyad's inspiring journey of turning his passion for coffee into a successful business with six thriving locations in the highly competitive Dallas-Fort Worth market. We explore how he created a unique coffee experience that goes far beyond just serving a cup of coffee, and why focusing on the 5% of customers who truly appreciate quality can be a game-changer for your brand.Mouyad shares his insights on how to carve out a niche in a saturated market, the challenges of scaling a business without sacrificing quality, and the importance of creating a memorable ambiance that keeps customers coming back. We also discuss the role of customer experience in building a loyal customer base and how to balance the fine line between maintaining the brand’s integrity and pursuing growth. Questions this Episode Answers:How do you turn a passion into a scalable business in a crowded market?What are the key elements to creating a coffee experience that stands out?Why is it crucial to focus on the 5% of customers who appreciate quality?How can you scale a business while maintaining product quality and brand integrity?What strategies can help build a loyal customer base in the coffee industry?___________________________Love it or hate it, I'd love your feedback.Please fill out this brief survey with your opinion or send me an email at [email protected] with your thoughts.___________________________Spotify: https://tinyurl.com/5avyu98yApple: https://tinyurl.com/bdxbr284YouTube: https://tinyurl.com/nikonomicsYT___________________________This week we covered:01:10 Meet Mouyyad Abdulhadi02:44 The Origin of Pax and Beneficia Coffee04:26 Challenges of the Coffee Business04:49 The Passion for Coffee07:04 The Coffee Experience08:13 Understanding Coffee Varieties11:20 The Coffee Production Process14:12 The Evolution of Coffee Popularity19:43 Specialty Coffee and Market Positioning22:14 Focusing on the 5%: Quality Over Quantity22:38 The Coffee Experience: Flavor Profiles and Pricing23:40 Niche Market Strategy: Targeting the Right Audience24:29 Creating the Perfect Cafe Ambiance25:46 Honored Guest Experience: Customer-Centric Approach27:01 Comparing Coffee Cultures: Middle East vs. USA28:28 Revenue and Growth: Financial Insights33:36 Future Plans: Expansion and Challenges35:31 Rapid Fire Questions: Personal Insights39:12 Conclusion and Final Thoughts