2min chapter

How I Built This with Guy Raz cover image

Chipotle: Steve Ells (2017)

How I Built This with Guy Raz

CHAPTER

What Is So Special About the Restaurant Industry?

The investment cost was very and in a typical fast food at the time had to have room for a drive through. With chipole, we were going into stripmalls, often in the inexpensive centre units,. not the more desirable end caps. And our production system, or ther service form at really was an assembly line. As volumes increased, as we served more customers, you would get, you know, a higher and higher margin, a higher contribution margin. So the resulting returns on investment were extraordinary. There would nothing like this in the restaurant industry....

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode