Restaurant Unstoppable with Eric Cacciatore

853: Krimsey Lilleth - Why I Closed My Restaurant

21 snips

Jan 6, 2022

Krimsey Lilleth looks back on building and closing her vegan restaurant during the pandemic, from underestimating the workload to facing the emotional toll of letting go. She discusses exit planning, the value of partners and community, and why she stepped away from social media to seek more meaningful connections and a new path.

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Introduction

00:00 • 4min

When You Know It's Time to Close Your Restaurant

03:58 • 2min

Are You Feeling Unstoppable to Day?

06:13 • 5min

How Hard Is It to Own a Restaurant?

10:59 • 2min

When You Know It's Time to Give Up

12:29 • 5min

When Do You Know When It's Time to Close?

17:28 • 3min

Is Your Exit Strategy Really Important?

20:40 • 5min

Pop Menu - Your Restaurant's New Marketing Tool

25:32 • 2min

Slash Unstoppable

27:11 • 3min

Scriptedi, I Would Love to Have a Network Like Yours

30:16 • 2min

You Need a Partner to Open a Restaurant

31:59 • 5min

How to Close a Real Estate Deal

37:26 • 4min

The Silver Linings to the Pandemic

41:15 • 4min

You Don't Want to Tell Your Partner When You're Not in My Life, You Know?

45:31 • 2min

Do You Really Want to Center Your Business Around You?

47:20 • 4min

YU a Sring Budget, You Know?

51:42 • 2min

Is Your Restaurant Over Capitalized?

53:27 • 5min

The Scaries Part, Yn

58:54 • 4min

Are You Still Searching for That or Have You Found It?

01:02:38 • 2min

Do You Want to Be a Millionaire?

01:05:02 • 5min

Talk to the Manager - The Best Way to Improve Your Restaurant's Bottom Line

01:09:40 • 5min

Social Media - What Is Social Media?

01:14:13 • 4min

Four Walls Marketing Is the Way to Go

01:18:26 • 5min

The Benefits of Social Media

01:23:09 • 4min

How to Get Your Book Available?

01:26:46 • 2min

Restaurant and Stoppable - The Network

01:29:10 • 3min

Check out Finish Big: How Great Entrepreneurs Exit Their Companies On Top by Bo Burlingham as mentioned in today's episode.

Check out episode 705 with Krimsey Lilleth.

Show notes… Calls to ACTION!!!

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Favorite success quote or mantra:

"I would just like to remind everyone that we're all going to die."

Today's sponsor:

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Talk To The Manager - Nowadays, most guests don't want to call you on the phone or give you their feedback face-to-face. With TalkToTheManager, guests can avoid making a scene by sending you comments and questions anonymously by text message, allowing you to respond and handle issues in real-time. It's easy to set up and simple to use for both staff and visitors. No software integration. No downloads, and no apps to install.

At Popmenu, we know that in today's world, a great hospitality experience usually begins online. Keeping the conversation with guests going beyond the meal also requires simple, powerful, fun technology capable of expression through all kinds of channels. Our team takes pride in helping restaurants put their best foot forward digitally so they can focus on what they do best. We think PDF menus are super boring, we believe 3rd party platforms have had too much say in how consumers find their next dining experience and we deeply feel that sharing your beautiful menu doesn't have to be so difficult, time-consuming and expensive. As a listener of the Restaurant Unstoppable, you'll receive $100 off your first month of Popmenu!

Contact info:

Krimsey's website

Krimsey's book: The Cajun Vegan Cookbook

Thanks for listening!

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Huge thanks to Krimsey Lilleth for joining me for another awesome episode. Until next time!

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