Really Good Conversations

← Really Good Conversations23 Mar · 39 min

What Happens After a $47M Exit? Phillip Di Bella on What Success Really Is

What Happens After a $47M Exit? Phillip Di Bella on What Success Really Is23 Mar39 min

Summary Phillip Di Bella built one of Australia's most successful coffee businesses, and sold it for $47 million. In this episode, we find what it actually felt like the day after he sold, how his definition of success has changed over the years, and what the next generation needs to hear about work and leadership.

This isn't just a story about building and selling a business, it's about what success really costs, and what's actually worth chasing.

Guest Phillip Di Bella is an Australian entrepreneur and founder of Di Bella Coffee and The Coffee Commune. He is also a mentor, speaker and advocate for innovation and collaboration in the hospitality industry.

Overview Phillip Di Bella is the founder of Di Bella Coffee, which he launched in Brisbane in 2002 with just $5,000 and scaled into one of Australia's largest specialty coffee brands. After selling the business for $47 million, Phillip could have stepped away. Instead, he doubled down on building community, mentoring entrepreneurs, and reshaping what success looks like.

In this episode of Really Good Conversations, Phillip shares the emotional impact of selling a business with your name on it, the cost of relentless growth, and how he lost 80kg to take his life back after burnout.

He challenges the hype around startup exits, investment culture, and the "get rich quick" narrative flooding social media.

You'll hear his views on leadership, resilience, and what today's business owners need to understand about patience, failure, and building something that lasts.

Key takeaways What it really felt like to sell a business for $47 million and why Phillip asked for the cheque, not a bank transfer The personal cost of growth: burnout, weight gain, and what he changed after the exit Phillip's definition of success today and why it has nothing to do with status or stuff Why the next generation is being sold the wrong version of ambition Startup myths, VC hype, and what founders should focus on before chasing investment The importance of meaningful conversations, with others, and with yourself The one piece of advice that changed the direction of Phillip's life

For more information:

The Coffee Commune https://www.coffeecommune.com.au/

Private Coffee Collection https://privatecollection.coffee/

Transcript  Welcome to the Really Good Conversations podcast. Today I am joined by Phillip Di Bella, entrepreneur, mentor, and one of the most recognised names in Australian coffee. He started Di Bella Coffee in 2002 with just $5,000 and built it into Australia's largest specialty coffee brand, later selling it for $47 million. He's done what many dream of, but instead of stepping away, he stayed active, launching the Coffee Commune and mentoring the next generation.