EP 705 Anne Djerai - The Reality of The Next 10 Years In Coffee - The Daily Coffee Pro Podcast by Map It Forward
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Welcome to the 5th episode of a five-part series on The Daily Coffee Pro by the Map It Forward Podcast, hosted by Lee Safar.
Our guest in this series is Anne Djerai, the CEO of Metropolis Coffee Company, based in Chicago. Anne was invited to the podcast after a recent LinkedIn post describing the impact of market volatility on a company like Metropolis Coffee Company which has been around for 20+ years.
The 5 episodes in this series are:
1. 2024 Has Been Different For Coffee CEOs - https://youtu.be/cA-tqPCzqoA
2. The Role Change Is Playing in 2024 in Coffee - https://youtu.be/OxJ2_LVAL0A
3. The Impact of Chaos On A Larger Coffee Company - https://youtu.be/PqQAZwMwFz0
4. The Myths Around Larger Specialty Coffee Businesses - https://youtu.be/ZUaK-5nixIU
5. The Reality of The Next 10 Years In Coffee - https://youtu.be/ICc19e7xRC4
In this insightful episode of The Daily Coffee Pro by Map It Forward, Lee and Anne discuss the future landscape of the coffee industry with a focus on rising costs, specifically the increasing price of green coffee, projected to hit $5 per pound.
The conversation delves into the challenges this poses for coffee businesses, including potential closures, acquisitions, and the necessity for financial strategies to cope with increased overhead.
Predictions on market consolidation, the impact on small to medium-sized roasters, and the evolving role of private equity in the industry are examined.
The episode ends on a note of optimism and resilience, encouraging coffee professionals to adapt, learn, and prepare for a challenging but promising future.
00:00 Introduction to Rising Coffee Prices
00:40 Impact on Specialty Coffee Companies
00:52 Upcoming Mastermind Groups
02:10 Reflecting on 2024 and Future Plans
02:41 Adapting to Market Changes
04:02 Challenges and Strategies for Coffee Businesses
10:29 Consumer Trends and Inflation
18:52 Private Equity and Industry Consolidation
22:25 Conclusion and Final Thoughts
Connect with Anne and Metropolis Coffee Company here:https://www.linkedin.com/in/anne-djerai-8b4a63b1/
https://www.metropoliscoffee.com/
https://www.instagram.com/metropoliscoffeeco/
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🤑 This episode is brought to you by Map It Forward's revised on-demand online workshop "It's Time to Become a Coffee Consultant" available now on our website with additional new bonus material including the coffee consultant career map. Get more details on how you can create an alternative revenue stream today at https://mapitforward.coffee/workshops
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