{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"FULL COMP: The Voice of the Restaurant Industry Revolution","title":"Doubling Down on Your Dreams: Daniel Shemtob, chef/owner TLT Foods & Hatch Yakitori","html":"","width":"100%","height":180,"duration":2015,"description":"You’ve gotta bet big to win big\nIn 2019, Daniel Shemtob leveraged millions to build the hospitality empire of his dreams. Food trucks to fine dining and even a catering company, he’s focused on absolute domination of the industry. Daniel built a big ship and now he needs to captain it through an economic disaster.\nOn this episode we cover the lessons he’s learned over the last 4 months and the plan he’s created to thrive in the future.\nClick to sign up for our weekly newsletter.\nClick here to book time on my personal calendar.\nClick here to download our Restaurant Recovery Guide.\nWant to streamline your front-of-house operations and increase sales? Head over to http://restaurants.yelp.com/fullcomppodcast to claim your free page and learn more about these powerful tools for your business.\nSHOW NOTES\n\n Successes in 2019\n Daniel considers himself an entrepreneur first and foremost\n Redefining goals in 2020\n Changing perspectives with assets and liabilities\n Preux and Proper was 6000sq ft\n Was an asset\n Now a liability - too much space\n Honing focus can help avoid this shift\n Taking on too much can turn an asset into a liability\n Fixed costs have been the most challenging\n Rent\n Opportunities during Covid\n Big shifts in the market cause opportunities\n Previously would jump on opportunities\n Now considers things for longer\n Josh realized he struggled with focus\n Busy isn’t successful\n Busy isn’t profitable\n Pairing down from 15 objectives to 3\n Best decisions made during the first 90days of the pandemic\n Getting ENDL loans\n He wanted as much capital as possible to have a runway\n Thinking like a startup\n Being willing to pivot\n Deploying funds correctly\n Rolling out a late-night experience\n Compensating for losing 40% of dine-in revenue\n Daniel lost a lot during the pandemic\n Becoming charitable\n Giving away shoes\n 100s shoes to those who needed them\n Giving away food\n 1500 meals\n Daniel’s mentor felt inspired by his positivity\n ...","thumbnail_url":"https://img.transistorcdn.com/6OAanP6N7rKCCEP4OYgZT_i74QmCwgk2rH1cSWqhfvs/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zYzkz/MGQ5M2Y5MWZmM2E0/NGM3MzFmNzQ0OGZl/NDhhYi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}