849: Peter LeSar author of Restaurant Strong
Restaurant Unstoppable with Eric Cacciatore
The Law of Diminishing Returns
The longer we've been opened, the slower that growth rate gets. We might be adding something once in a while, xstanding the bar, or adding a bar or whatever. And then we'll get atle another growth curve, right? But essentially, we are all buying in to this fact that pretty much eventually, we're growing more or less what the market grows at - and that is the law of diminishing returns. It's a law, right? If you open exacty, it's a law. So nobody can escape the law of dumation.
Check out Peter's book: Restaurant Strong: The First Principles of Restaurant Outperformance and How to Make Them Yours
Show notes… Calls to ACTION!!!- Join Restaurant Unstoppable Network and get your first 30 days on me! Connect with my past guest and a community of superfans.
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- "There's a lot more that we don't know about our own spot in the world than we even realize we don't know."
In today's episode with Peter Lesar we will discuss:
- Everything covered in the book +PLUS MORE
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Knowledge bombs
- Which "it factor" habit, trait, or characteristic you believe most contributes to your success?
- Conviction
- What is your biggest weakness?
- Too creative
- What's a current challenge? How are you dealing with it?
- Getting the word out
- Share one code of conduct or behavior you teach your team.
- Take off time for thinking
- What is one uncommon standard of service you teach your staff?
- Be yourself
- What's one book we must read to become a better person or restaurant owner?
- Setting The Table by Danny Meyer
- GET THIS BOOK FOR FREE AT AUDIBLE.COM
- What's one thing you feel restaurateurs don't know well enough or do often enough?
- Learn
- Name one service you've hired.
- If you got the news that you'd be leaving this world tomorrow and all memories of you, your work, and your restaurants would be lost with your departure with the exception of 3 pieces of wisdom you could leave behind for the good of humanity, what would they be?
- One on one counts more than anything else
- The history of the relationships with people matters incredibly
- Get a dog
Restaurant Strong Community on Facebook
Email: peter@peterlesar.com
Thanks for listening!Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below!
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Huge thanks to Peter LeSar for joining me for another awesome episode. Until next time!
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