The Bar Bet That Paid Off

THAT PAID OFF Ten years of perseverance takes a self-serve beer company to success.

- Joe Keohane

Josh Goodman was on “a problem-solving quest.” Pushing 30, he had lost his enthusiasm for his career in IT staffing and was looking for business ideas. One night, he met some friends at a crowded bar in Baltimore but couldn’t get a beer. It happened again the next time they went out. And again. Goodman thought, There’s got to be a better way to get a drink. He envisioned a simple solution: a self-serve beer tap system, where customers could fill up a debit card, pour their own drinks, and be charged by the ounce. Like an ATM, but for beer. This was 2007. “I thought I’d be sipping mojitos on an island in the Caribbean by 2013 or ’14,” he says. And the entrepreneurial gods laughed and laughed. 

What followed was a 10-year odyssey of malfunctioning tech, unreliable partners, and cruel breaks, culminating in the lesson all company founders must eventually learn:

Even the simplest ideas can be maddeningly complex, and only the most persistent entrepreneurs survive.