Buying & Rebuilding a Business w/ Maxwell Richardson-Davis
This week on The Hurdle, Jade and Max chat with Maxwell Richardson-Davis, the new owner of Lox, Stocks & Bagels, a popular spot for authentic boiled bagels. Maxwell shares his journey from managing the shop to buying it, rebuilding from financial chaos, and working 100-hour weeks to turn it into a thriving local favorite.We explore his creative rebranding efforts, operational challenges, and ambitious plans to expand with pop-ups, wholesale items, and new locations. Hear how Maxwell revived a struggling business, built a strong team, and achieved success through grit, determination, and community focus.Connect with Maxwell & MoreLinkedIn: / maxwelldavistheartistFacebook: / loxstocksandbagelsInstagram: / loxstocksandbagelsWebsite: https://loxstocksandbagels.com/LivePlan Social & WebsiteInstagram: / liveplan Facebook: / liveplanTikTok: / liveplanLinkedIn: / liveplanWebsite: liveplan.comNewsletter & More: linkin.bio/liveplansoftwareTimestamps00:00 Intro00:29 Introducing Maxwell Richardson-Davis02:17 How Maxwell Got Started in the Bagel Business04:54 Securing the Right Investment11:09 Learning the Ropes of Running the Business17:39 Adjusting Operations for Success21:34 The Importance of Administrative Organization26:52 Struggles in the First Few Months41:40 Growth & Strategic Challenges46:03 Supplier Relationships & Cost Management50:22 Focusing on Coffee & Beverages53:32 Strategic Sellouts & Demand58:46 Future Expansion Plans01:09:00 The Lightning Round