John Macatangay imparts business insights from lived experiences that he wants other future entrepreneurs to learn from, having started several businesses thus far, all with their own unique stories.
-- John Macatangay, former insurance broker and founder of multiple successful businesses, including ASM Insurance & Financial Services, Hopportunities Taproom, Twenty Percent Solutions, and Hopp the Hobby, continues to make his mark as a resilient and forward-thinking entrepreneur. His journey, which began in the insurance industry, has evolved into a broader passion for launching innovative ventures and sharing hard-earned lessons with aspiring business owners.
Macatangay began his professional career in 2011 by launching ASM Insurance & Financial Services, a business that quickly grew to become a highly rated, 5-star Google Review firm. After seven years of continued success in the financial services sector, his entrepreneurial drive led him to explore new industries and opportunities.
In mid-2018, Macatangay set his sights on the hospitality sector with the vision of creating a unique self-serve taproom concept in Delray Beach, Florida. By late 2019, Hopportunities Taproom opened its doors with 55 self-pour taps, becoming a local hotspot. However, just months later, the global COVID-19 pandemic threatened the momentum of his new venture. Despite the significant challenges, Macatangay pivoted creatively, adapting his business model to survive and sustain operations throughout the crisis.
The pandemic brought valuable insights that John Macatangay now shares openly to help guide other entrepreneurs. One of the most profound lessons involved municipal policy. “When scouting for a business location, most owners focus on the tangible elements—leases, vendors, staffing, and equipment,” said Macatangay. “What I overlooked was how local government policies could directly impact the viability of my specific business model.”
He now urges entrepreneurs to engage early with local municipal leaders or economic development offices to understand whether their business concept aligns with the goals and regulations of the community. “Municipalities may be pro-business, but that doesn’t necessarily mean they support your business,” he emphasizes.
Another key takeaway: the importance of supply chain preparedness. During COVID-19, disruptions in product availability proved especially challenging. Macatangay advises entrepreneurs to not only identify secondary suppliers but also establish active relationships with them in advance. “Don’t wait for a crisis to test your backup plans,” he said. “Develop those relationships now.”
About John Macatangay
John Macatangay was born and raised in Staten Island, New York, attended the University of Scranton in Pennsylvania, and moved to South Florida in the Fall of 2001. John is a dedicated entrepreneur known for his ability to overcome business challenges through resilience and strategic insight. His experiences offer valuable lessons on perseverance and adaptability in the business world.
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Organization: InsideOut Consulting
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Video URL: https://www.facebook.com/watch/?v=796304054692839
Release ID: 89164824
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