Buying & Rebuilding a Business w/ Maxwell Richardson-Davis
DEC 20, 202473 MIN
Buying & Rebuilding a Business w/ Maxwell Richardson-Davis
DEC 20, 202473 MIN
Description
<p>This week on <em>The Hurdle</em>, 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.</p><p>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.</p><p><strong>Connect with Maxwell & More</strong></p><p>LinkedIn: / maxwelldavistheartist</p><p>Facebook: / loxstocksandbagels</p><p>Instagram: / loxstocksandbagels</p><p>Website: https://loxstocksandbagels.com/</p><p><br></p><p><strong>LivePlan Social & Website</strong></p><p>Instagram: / liveplan </p><p>Facebook: / liveplan</p><p>TikTok: / liveplan</p><p>LinkedIn: / liveplan</p><p>Website: liveplan.com</p><p>Newsletter & More: linkin.bio/liveplansoftware</p><p><br></p><p><strong>Timestamps</strong></p><p>00:00 Intro</p><p>00:29 Introducing Maxwell Richardson-Davis</p><p>02:17 How Maxwell Got Started in the Bagel Business</p><p>04:54 Securing the Right Investment</p><p>11:09 Learning the Ropes of Running the Business</p><p>17:39 Adjusting Operations for Success</p><p>21:34 The Importance of Administrative Organization</p><p>26:52 Struggles in the First Few Months</p><p>41:40 Growth & Strategic Challenges</p><p>46:03 Supplier Relationships & Cost Management</p><p>50:22 Focusing on Coffee & Beverages</p><p>53:32 Strategic Sellouts & Demand</p><p>58:46 Future Expansion Plans</p><p>01:09:00 The Lightning Round</p>