Entrepreneur

How the CEO of Smoothie King Went From Small-Business Owner to Wearing the Crown

Under his leadership, Smoothie King plans to open an additional 125 locations and bring its global storefront tally to 950 in 2017.
Source: Smoothie King

For most college students, healthy eating goes out the window the minute freshman orientation gets under way. Wan Kim was no exception. He came to the U.S. from South Korea to study and became quickly alarmed at how many calories he was taking in. So Kim started replacing greasy meals with nutrient-rich drinks from and developed a love of the brand’s with him. In 2003, he opened that country’s first-ever Smoothie King, a full 30 years after the brand launched in the U.S. Then he kept opening them. By 2010, he owned more than 100 locations -- but he still wanted more. So he approached founder and then-CEO Steve Kuhnau and made an offer to buy the company. 

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur3 min read
Making the Midlife Leap
Sometimes, building the life you want requires a big risk. That’s what Keri Gardner realized when she cashed in $100,000 of her retirement savings to buy a franchise. It was November 2020, and she had just been laid off from her executive role at a h
Entrepreneur5 min readCorporate Finance
How to Build the Next Huge Thing
Want to start, fund, and sell a major company? Spencer Rascoff has some advice on that—because he’s seen it from all sides. As a founder, he first cofounded the travel-booking site Hotwire, which he sold to Expedia. He then cofounded Zillow, which he
Entrepreneur2 min read
The Loss That Changed My Company
When I was 17, I founded a company to save police officers’ lives. We distribute and manufacture body armor and other protective equipment. And yet, I will admit: For the first eight years, this work felt abstract—like watching war unfold on the nigh

Related Books & Audiobooks