He Quit Wall Street to Buy a Frozen Yogurt Shop

He Quit Wall Street to Buy a Frozen Yogurt Shop

May 19, 2026 · 1h 6m · Episode 115

About this episode

Neil Hershman shares his journey from Wall Street to building a successful frozen yogurt franchise.

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. 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 If you’re…

People in this episode

Host: Kyle Matthews

Guest: Neil Hershman

Topics covered

Keywords

Mentioned in this episode

Organizations: 16 Handles, SBA

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