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Hard Work and Dedication Pay Off for 91桃色 Alum

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Author(s)

Greg Glasgow

How a business plan created in graduate school turned into a growing brewery

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Storm Peak beer cans

Everything he needed to know about opening a brewery, Wyatt Patterson learned in business school.

That鈥檚 because Patterson, like many graduate students at 91桃色鈥檚听, entered his MBA program with a specific business idea in mind. For Patterson, that idea was听, which he and his brother Tyler opened in Steamboat Springs, Colo., in June 2014.

鈥淲e had spent a long time in the garage, toiling away making beer, and when I decided to come to 91桃色 and get my MBA, there were a lot of classes and projects based around entrepreneurial stuff,鈥 Wyatt Patterson says. 鈥淚 took a business plan class, and I wrote the business plan for the brewery in the class. I spent the whole two years of grad school focused on learning how to run and manage this business.鈥

His dedication paid off 鈥 after just two years, Storm Peak already has plans to expand, bringing its canning operation in house (the brewery currently contracts with Crazy Mountain Brewing in nearby Edwards, Colo., for its canning), increasing production and enlarging its tasting room.

Wyatt Patterson at Storm Peak
Wyatt Patterson on the floor at Storm Peak

鈥淚t will allow us to be more widespread in Steamboat than we are right now,鈥 Patterson says. 鈥淲e hate having to turn people down, especially local accounts who want to have us on draft. We鈥檒l be able to satisfy everything in Steamboat with this.鈥

And Steamboat is satisfied with Storm Peak 鈥 the brewery鈥檚 tasting room is one of just a few places in town for beer geeks to gather, and it has quickly become a favorite spot both for locals and for tourists in town during ski season.

鈥淲e really feel like we鈥檙e part of the community up there, which is cool,鈥 says Patterson, who with his brother considered opening the brewery in Denver before deciding to settle in Steamboat. 鈥淲e鈥檙e very involved in everything going on in the town. You don鈥檛 get that in a bigger city.鈥

Not to say that Storm Peak doesn鈥檛 have a presence in Denver 鈥 the Patterson brothers are in the city regularly, and their beers are on tap and in liquor stores throughout the metro area. The brothers also will be in town Oct. 8鈥10 for the听听(GABF), one of the country鈥檚 largest beer fests and expos. The annual event, hosted by the Boulder-based Brewers Association, helps brewers get their product in front of beer lovers from around the globe.

鈥淣ot only are we getting that exposure, but we鈥檙e able to talk to [consumers] directly,鈥 Patterson says. 鈥淚t鈥檚 one thing to be sitting on the liquor store shelf, but it鈥檚 another to be there talking to the consumer, getting the feedback, hearing their excitement. It helps us stay in touch with what the consumers want 鈥 what they鈥檙e liking, what they鈥檙e not liking, where their tastes are evolving 鈥 so that we can better serve them.鈥

Just as important at the GABF, he says, is being able to network and share stories and advice with other small breweries from around the country, many of which share the same struggles.

鈥淚t鈥檚 great seeing people who you might only see once a year during GABF. It鈥檚 good to connect back with them and see what鈥檚 going on in their world,鈥 he says. 鈥淓verybody hangs out and catches up and enjoys themselves 鈥 it鈥檚 a really fun atmosphere for the brewers. We鈥檙e all artists in our own right, so we enjoy sharing our product and talking about it. Everybody鈥檚 passionate about what they do.鈥