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Beer derail, now that's a topic I can get behind. Any BWM stories of idiots running running breweries into the ground? That seems like it would be the 2010s version of the restaurant owner with zero experience.
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Aug 10, 2018 14:40
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The only thing we have left preventing Christmas from taking over half the calendar year is our Maginot Line of Pumpkin Spice and Halloween. Embrace it as the alternative is worse.
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Aug 10, 2018 14:43
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crazypeltast52 posted:Like I don’t think I’ve seen a car commercial that has an interest rate above 3%, how does 20% seem reasonable if you have seen a car commercial before? It doesn’t matter - most people have no concept of interest. We have seen from reddit alone people who think that interest is a one time charge, all the way to those who think that interest rates are monthly instead of annual (and yet still go through with the purchase!). I’d bet most don’t even look at the interest rate they’re given. My first car I had to ask what it was (9%, naive but quick refinance). My first lease I was asked to write on a piece of paper the monthly payment I was willing to pay and he would make it happen (I declined, less naive). And leases, lol, the terminology is different and hard to calculate on the napkin (money factor, residual value) if you’ve never seen it before.
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Aug 10, 2018 14:44
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Devonaut posted:Beer derail, now that's a topic I can get behind. From what I've seen of the local scene if they are going to crash it will happen before they actually open, and if they actually make it to that point ongoing operating costs are actually low. Lot of start up costs on equipment but then you can run the place with fewer staff than you would expect.
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Aug 10, 2018 14:50
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Devonaut posted:Beer derail, now that's a topic I can get behind. The tipping point has been reached where there are more breweries closing than in the past several years but afaik its a pretty hard business model to fantastically and hilariously run into the ground since its a pretty simple formula and its very heavily regulated. I'm sure its happened at least once though.
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Aug 10, 2018 15:07
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epic bird guy posted:The tipping point has been reached where there are more breweries closing than in the past several years but afaik its a pretty hard business model to fantastically and hilariously run into the ground since its a pretty simple formula and its very heavily regulated. There was a huge crash in the late 90s. Volumes were going up something like 40-60% per year, investors were throwing briefcases full of cash at anyone who knew what yeast was, and Generic Brewpub was opening in pretty much every minimall across the land, pretty much all of them serving the exact same IPA, light later, and raspberry wheat, along with mediocre bar food. Then market saturation hit, in 1997 demand flatlined, and a whole honking shitload of them went out of business.
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Aug 10, 2018 15:34
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Sounds like a night out drinking tbh.
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Aug 10, 2018 15:36
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Right now opening a brewery is extremely GWM as long as you can brew a halfway decent hazy IPA. Just put it in cans with an abstract label and call it something ridiculous like Virtuous Moon Gazebo. Charge $16-20 per four pack and make it a “limited release”. People will line up to get their hands on your overprice “rare” beer.
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Aug 10, 2018 15:40
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very stable genius posted:Right now opening a brewery is extremely GWM as long as you can brew a halfway decent hazy IPA. Just put it in cans with an abstract label and call it something ridiculous like Virtuous Moon Gazebo. Charge $16-20 per four pack and make it a “limited release”. People will line up to get their hands on your overprice “rare” beer.
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Aug 10, 2018 16:20
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Submarine Sandpaper posted:i dunno this works like once if you're in a competitive city Not really, and not to derail the thread too much, but there are a lot of extremely mediocre breweries putting out extremely mediocre beer and making a lot of money using this model. All it takes is a decent amount of hype on social media. Hype is way more important than quality.
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Aug 10, 2018 16:30
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very stable genius posted:Right now opening a brewery is extremely GWM as long as you can brew a halfway decent hazy IPA. Just put it in cans with an abstract label and call it something ridiculous like Virtuous Moon Gazebo. Charge $16-20 per four pack and make it a “limited release”. People will line up to get their hands on your overprice “rare” beer. Who doesn't love a good hazy IPA? 
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Aug 10, 2018 16:31
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very stable genius posted:Right now opening a brewery is extremely GWM as long as you can brew a halfway decent hazy IPA. Just put it in cans with an abstract label and call it something ridiculous like Virtuous Moon Gazebo. Charge $16-20 per four pack and make it a “limited release”. People will line up to get their hands on your overprice “rare” beer. I hate how true this is in San Diego. We have an awesome brewing scene that I can barely enjoy because I'm so loving sick of IPAs. For every two dozen super-hoppy bitter fuckers there's like one decent brown ale or stout.
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Aug 10, 2018 16:42
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Krispy Wafer posted:The only thing we have left preventing Christmas from taking over half the calendar year is our Maginot Line of Pumpkin Spice and Halloween. I work in R&D for Starbucks, there is no defined calendar. I have a new pumpkin spice product launching in grocery stores next week that I was working on since January. I was at a production plant this week that was running peppermint mocha. Appreciate the relatively defined seasons that you have!
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Aug 10, 2018 16:59
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Devonaut posted:Beer derail, now that's a topic I can get behind. Someone who is definitely not me will have some good (for you, bad for me) stories about the accountant embezzling every single penny of profit that his brewery ever made, as soon as the court case is finished 
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Aug 10, 2018 17:01
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GoGoGadgetChris posted:Someone who is definitely not me will have some good (for you, bad for me) stories about the accountant embezzling every single penny of profit that his brewery ever made, as soon as the court case is finished Heh, YEESH. That's exciting.
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Aug 10, 2018 17:11
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The real BWM is trading beer. You stand in line for hours to buy $100 worth of barrel-aged stout or hazy IPA and then you spend $50 shipping it across the country so that someone else will ship you a box full of identical beers from another brewery. Inevitably you end up with far more beer than you could ever hope to drink or you do try to drink it all and regret it. Bonus points for joining a brewery's rare beer club and spending $200 to get six bottles of ketchup sour and anise barleywine. lavaca fucked around with this message at 17:19 on Aug 10, 2018 |
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Aug 10, 2018 17:17
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Involuntary Sparkle posted:I work in R&D for Starbucks, there is no defined calendar. I have a new pumpkin spice product launching in grocery stores next week that I was working on since January. I was at a production plant this week that was running peppermint mocha. Which one of you puked up that unicorn poo poo?
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Aug 10, 2018 17:31
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Rotten Red Rod posted:I hate how true this is in San Diego. We have an awesome brewing scene that I can barely enjoy because I'm so loving sick of IPAs. For every two dozen super-hoppy bitter fuckers there's like one decent brown ale or stout. Remember, if you cant make a good ipa, just shovel on the hops until they overwhelm anything else.
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Aug 10, 2018 17:35
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Krispy Wafer posted:Which one of you puked up that unicorn poo poo? Whoever drank one, technically
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Aug 10, 2018 17:36
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beer used to be fun
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Aug 10, 2018 18:01
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I remember a story a few years back about a woman whose car got repoed with her kid still in it. One thing that stood out (besides the fact that the repo men didn't notice a crying toddler in a car seat in the back) was the fact that the car was a used car with incredibly sketchy financing that required mom to pay weekly cash payments to the used car dealership. People have been talking about how 20% interest on a used car is nuts, just imagine how much of a ripoff you are getting if the dealer demands you pay them cash EVERY WEEK or they take the car back.
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Aug 10, 2018 18:08
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Devonaut posted:Beer derail, now that's a topic I can get behind. No but beer isn't like frozen yogurt, cupcakes, or other fad franchise ideas that have faded fast
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Aug 10, 2018 18:09
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Panfilo posted:I remember a story a few years back about a woman whose car got repoed with her kid still in it. One thing that stood out (besides the fact that the repo men didn't notice a crying toddler in a car seat in the back) was the fact that the car was a used car with incredibly sketchy financing that required mom to pay weekly cash payments to the used car dealership. https://www.youtube.com/watch?v=5pkzLqGkw1Y epic bird guy fucked around with this message at 18:16 on Aug 10, 2018 |
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Aug 10, 2018 18:11
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FAUXTON posted:No but beer isn't like frozen yogurt, cupcakes, or other fad franchise ideas that have faded fast Ah yes, the passing fad of "beer", invented by literally every civilization since the ancient sumerians
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Aug 10, 2018 18:17
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epic bird guy posted:beer used to be fun Beer is still fun, just don't be that guy about it and ignore the overpriced bullshit. There is no better time in human history to enjoy beer than right now.
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Aug 10, 2018 18:21
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Vox Nihili posted:Beer is still fun, just don't be that guy about it and ignore the overpriced bullshit. There is no better time in human history to enjoy beer than right now. It's definitely been BWM and BWL (Bad With Liver) but working the past few years in the brewery district in my town has been awesome.
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Aug 10, 2018 18:26
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epic bird guy posted:https://www.youtube.com/watch?v=5pkzLqGkw1Y You weren't kidding, that's a pro-click.
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Aug 10, 2018 18:28
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The reason people are willing to pay 20% interest is because either 1) they don't know any better, or 2) they can't do any better, and they need a loving car, because  . It's not like we go out of our way in this country to make people financially literate. We have whole industries that depend on that financial illiteracy.
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Aug 10, 2018 18:39
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IllegallySober posted:You weren't kidding, that's a pro-click. Holy cannoli this one is amazing.
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Aug 10, 2018 18:40
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IllegallySober posted:You weren't kidding, that's a pro-click. I can't follow what he is talking about depositing cash in people's bank accounts
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Aug 10, 2018 18:53
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epic bird guy posted:https://www.youtube.com/watch?v=5pkzLqGkw1Y 6 min is pretty good. Because #JustFordThings.
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Aug 10, 2018 18:54
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BEHOLD: MY CAPE posted:I can't follow what he is talking about depositing cash in people's bank accounts What he's saying is a customer would write him a bad check (insufficient funds) that wouldn't clear. He was friendly enough with bank tellers where they'd let him know about how much he'd have to put in to be able to clear the check, so he deposits $500 into that guy's account so he can cash the $3500 check. Presumably $3500 for this poo poo car was fat enough that the $500 still made the deal worth it.
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Aug 10, 2018 18:54
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DEMAG posted:6 min is pretty good. Because #JustFordThings. Yeah I liked that bit too, the whole video was good honestly. Interesting model.
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Aug 10, 2018 18:55
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EAT FASTER!!!!!! posted:What he's saying is a customer would write him a bad check (insufficient funds) that wouldn't clear. He was friendly enough with bank tellers where they'd let him know about how much he'd have to put in to be able to clear the check, so he deposits $500 into that guy's account so he can cash the $3500 check. Presumably $3500 for this poo poo car was fat enough that the $500 still made the deal worth it. genius
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Aug 10, 2018 19:07
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Krispy Wafer posted:Which one of you puked up that unicorn poo poo? My cube neighbor. I just work on at-home products (K-Cups etc).
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Aug 10, 2018 19:10
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EugeneJ posted:genius It really is.
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Aug 10, 2018 19:29
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EAT FASTER!!!!!! posted:What he's saying is a customer would write him a bad check (insufficient funds) that wouldn't clear. He was friendly enough with bank tellers where they'd let him know about how much he'd have to put in to be able to clear the check, so he deposits $500 into that guy's account so he can cash the $3500 check. Presumably $3500 for this poo poo car was fat enough that the $500 still made the deal worth it. At a decent bank they won't tell you this info. But then what happens is the dude deposits a dollar at a time until he can cash if if he thinks he is close. therobit fucked around with this message at 19:47 on Aug 10, 2018 |
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Aug 10, 2018 19:39
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EAT FASTER!!!!!! posted:What he's saying is a customer would write him a bad check (insufficient funds) that wouldn't clear. He was friendly enough with bank tellers where they'd let him know about how much he'd have to put in to be able to clear the check, so he deposits $500 into that guy's account so he can cash the $3500 check. Presumably $3500 for this poo poo car was fat enough that the $500 still made the deal worth it. Oh I get it. Cleaning their bank account out even if the check was bad. My bank does not allow you to deposit cash in the random people's checking accounts, they stopped this some time ago. I used to have tenants that would pay me rent like this. The potential for abuse and money laundering with this kind of arrangement is very high as you can see.
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Aug 10, 2018 19:48
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The microbrewery thing has gone on for a surprisingly long time and done actual damage to big breweries to the extent where the only way they can grow their markets is to merge or gobble up microbreweries. Still really like Miller High Life. Still don't care what anyone else thinks. Involuntary Sparkle posted:My cube neighbor. I just work on at-home products (K-Cups etc). And the beer derail is itself derailed when the guy responsible for K-Cups pops in.
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Aug 10, 2018 19:52
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BEHOLD: MY CAPE posted:Oh I get it. Cleaning their bank account out even if the check was bad. My bank does not allow you to deposit cash in the random people's checking accounts, they stopped this some time ago. I used to have tenants that would pay me rent like this. The potential for abuse and money laundering with this kind of arrangement is very high as you can see. If has a check, he has an account number, and could presumably just fill out a deposit slip. Does your bank really ID for deposits? I'm not sure I would say it is abusive to get what you can out of someone who wrote you a hot check.
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Aug 10, 2018 19:57
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