He Quit Wall Street to Buy a Frozen Yogurt Shop
- Jun 2
- 1 min read
Episode 111: Neil Hershman
In this episode of the Matthews Mentality Podcast, Kyle Matthews interviews Neil Hershman, CEO of 16 Handles, entrepreneur, franchise operator, Everest summiter, endurance athlete, and business owner. Neil shares how he left a hedge fund career at 23 years old, bought a single 16 Handles frozen yogurt franchise with an SBA loan, and scaled it into a rapidly growing national franchise brand with nearly 80 locations. This episode covers entrepreneurship, franchising, business growth, leadership, scaling a company, SBA loans, franchise ownership, investing, mental toughness, endurance training, and building a successful consumer brand.
Show Notes:
This episode covers entrepreneurship, franchising, business growth, leadership, scaling a company, SBA loans, franchise ownership, investing, mental toughness, endurance training, and building a successful consumer brand.
Topics covered in this episode:
* How Neil Hershman bought and scaled 16 Handles
* Growing a franchise business from 1 location to nearly 80 stores
* Using SBA loans to buy a business
* Entrepreneurship and startup lessons
* Scaling operations and franchise systems
* Leadership lessons from business and endurance sports
* Climbing Mount Everest and completing ultra-endurance races
* Balancing business growth, family, and personal performance
* The future expansion of 16 Handles across the United States
* How community-driven brands win in today’s market
