What Happened to Scotty's Brewhouse?
Scott Wise
Food
Business to Know
Podcast Summary
I sat down with Scott Wise, the founder of Scotty's Brewhouse.
We talked about his roller coaster journey opening, growing, and eventually closing Scotty's Brewhouse.
This is insight from Scott Wise, sharing his perspective on how events transpired.
You are going to learn about:
-The vulnerabilities and victories of entrepreneurship
-Lessons while running a company in a hyper growth stage
-Mistakes made through 20 years of restaurant ownership
Check out these clips from the show:
01:34 The Journey of Scotty's Brewhouse
02:24 Early Challenges and Lessons Learned
02:46 College and Entrepreneurial Aspirations
03:42 Opening the First Scotty's Brewhouse
05:42 Expansion and Early Success
10:14 Facing Failure and Learning from Mistakes
15:03 The Second Scotty's and Non-Smoking Initiative
20:02 Rapid Growth and Reflections
33:43 Challenges in Downtown Indy
37:17 Management Contracts and Continued Growth
38:37 The Dream of Brewing Beer
39:02 Challenges and Advice from Jeff Mies
39:16 Scotty's Niche: 30 Beers on Tap
39:46 Opening the Brewery: Three Wise Men
41:51 Broad Ripple and the Brewery's Success
42:32 The Concept of Centralized Supply
43:24 Competitors and the Brewing Industry
44:36 The Goal to Sell and Burnout
47:00 The Nightmare of Selling the Business
51:42 Post-Sale Challenges and Bankruptcy
56:46 Rebuilding and Lessons Learned
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Note from the host: I realized I said "like" WAY too much in this interview. We are going to clean that up in 2025.
Guest(s)
Scott Wise
Date Published
January 8, 2024