So, what then? How can we make great decisions in business and in life if we don’t focus on our objectives? Tim Ferriss encourages us to fully envision, and write down, our fears in detail, in a simple but powerful exercise he calls “fear-setting”. This practice can help you thrive in high-stress environments, and take risks in business. Many gurus tell
Month: April 2018
Uganda: The Government Promoting Coffee Production
Uganda’s minister of Agriculture, Vincent Sempijja, has expressed concern over Ugandans not embracing coffee production which, to him, will help in poverty alleviation. Mr Sempijja says that government is doing its best by promoting coffee production through programs like Operation Wealth Creation, yet evidence shows that farmers are not embracing these efforts. He emphasized the favorable coffee market situation, with
Italy First In Europe For Vending Machines
The data for the sector was released in Milan for the presentation of the twentieth edition of Venditalia, the most important European event for the sector, scheduled at Fieramilanocity from 6 to 9 June. The event, organized every two years by Venditalia Servizi and promoted by CONFIDA, the Italian Automatic Distribution Association, will be attended by 247 exhibitors from 20
Mexico, The Symbol Of The Changes In The Coffee Sector
The 121st International Coffee Council is taking place in Mexico, from 9th to 13th April 2018. This is the first time that the Council has met in Mexico, a country that is at the forefront of the process of modernization in the coffee sector. According to Mr José Sette, the Executive Director of the International Coffee Organization, “Mexico is an
The Importance of WHY… To Open Your Coffee Business!
Do you sometimes think that you don’t need to do marketing for your cafe, coffee shop or roasting business? Would you rather spend your tight budget on more important stuff like equipment, coffee gear, hiring skilled staff, etc.? You’re right, these things are important. The thing is, building a coffee business and competing based on great coffee alone, won’t bring customers in in the long run.
Kenya’s Government Plans to Pay Coffee Farmers Monthly
Small-scale coffee farm holders in Kenya may now have a financially secure future as the coffee sector regulator is planning to pay them monthly for deliveries. It should be understood that coffee farmers have a six-month payment cycle, which has made many producers struggle to keep up with their financial obligations, as reported by Daily Business. It should be noted
Are Women The New Leaders In The Coffee Sector?
The Boston Consulting Group (BCG) reveals that in 10 years we will be facing the worst global workforce crisis, due to the lack of skilled people in developed countries. The BCG is a global management consulting firm with over 80 offices around the world, who, in 2013, undertook a global survey of two hundred thousand job seekers in 189 countries
Price of Robusta Drops in Brazil
Last month, the CEPEA/ESALQ index for Robusta type 6, screen 13, Espirito Santo State, has averaged $94.26 per 60kg bag, a 3.9% fall compared to February that grossed $97.94 per bag and lower than the March 17 $123.67 per bag (a 31.2% low). March 15, index was closed at $91.58 per 60kg bag representing, a 4.2% decrease when compared to
The United States Leaves The International Coffee Agreement
The United States are withdrawing from the International Coffee Agreement 2007, the international commodity agreement between coffee producing and consuming countries, whose objective is to strengthen the global coffee sector and promote its sustainable expansion. As reported by Ico, the withdrawal of the United States will take effect on 3 June 2018 according to the Rules of the Organization. Mr José
How to Open A Successful Coffee Shop
It certainly seems it’s a good time to close one if you are Jamies Italian – 12, or Byron Burgers -20 or Prezzo – 100 or Strada – 11. These brands were at the top of their game until a few years ago, so what happened and what can we learn from their difficulties? The 4 C’s have