Dropping Bombs

Strategies for Rapid Business Growth: Episode 764 With The Real Brad Lea (TRBL)

Nov 27, 2024

Richard Moyer, founder of innovative self-pour bar franchise Hoppin', shares his inspiring entrepreneurial journey. He discusses the importance of calculated risks and a success-driven mindset in achieving multi-million dollar business exits. Richard reveals the unique technology behind Hoppin’ that enhances customer experience while mitigating liability. He emphasizes mentorship and community support for overcoming financial challenges and personal growth, along with insights on integrating novel concepts into established markets for future success.

53:28

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Episode guests

Richard Moyer

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Quick takeaways

Rich Moyer's entrepreneurial journey highlights the critical importance of taking calculated risks and embracing failure as a stepping stone to success.

The innovative self-pour bar concept, Hoppin, exemplifies how leveraging technology can create unique customer experiences and address common industry challenges.

Moyer emphasizes the power of networking and building meaningful relationships, asserting that success is often a reflection of personal connections fostered over time.

Deep dives

Rich Moyer's Early Success

Rich Moyer launched his first company in the construction industry at the age of 26 and achieved remarkable success by selling it for a multi-million dollar exit within three years. He experienced rapid growth, achieving gross sales of $1.8 million in his first year, doubling to $3.6 million in the second year, and $6.8 million in the third year. His success stemmed from recognizing the value of referrals and maintaining a reputation for reliability, as he consistently delivered on promises. Moyer emphasizes the importance of sales and marketing skills, which he considers essential for anyone aspiring to succeed in business.

Intro

1min

Rapid Entrepreneurial Success and Innovative Ventures

2min

Innovative Self-Serve Bar Technology and Franchise Expansion

2min

Navigating Financial Challenges and Personal Growth

23min

Entrepreneurial Journeys and Innovations

11min

Innovative Strategies for Business Expansion with Hoppin'

2min

Innovative Bar Concepts and Mentorship

13min

What’s Up Bomb Squad?! It’s your boy, Brad Lea, back with another dynamite episode of Dropping Bombs. Today, I’ve got Richard Moyer in the house. Not only is his name “Rich,” but this dude’s rich in life and financially. From humble beginnings to multi-million-dollar business exits, Rich has done it all—and he’s here to share the lessons that got him there.

Rich founded his first company at 26, sold it at 29 for multi-millions $$$, and hasn’t looked back since. Now he’s the mastermind behind Hoppin’, a cutting-edge self-pour bar franchise with locations popping up nationwide. If you’re sitting on the fence about taking that leap into entrepreneurship, you’re going to want to tune in for this one!

What You'll Learn: The importance of taking calculated risks, fostering a success-driven mindset, leveraging mentorship, and building scalable businesses through innovative strategies and relentless action.

Highlights: