The Dirt Dog Pod Don't Skips Steps & Don't Get Caught Speeding - Andrew Smith, Managing Director of The Savory Fund
Apr 11, 2025
Andrew Smith, Managing Director & Co-Founder of The Savory Fund, transitioned from tech to the restaurant industry, diving into entrepreneurship with his wife, Shauna. They discuss the essential balance between rapid growth and sustainable success, likening it to a marathon. Andrew shares his insights on strategic growth for restaurant ventures and the importance of data-driven decisions. The couple also reflects on the unique challenges of running a business together while navigating industry complexities, showcasing their commitment to nurturing emerging brands.
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Sustainable Growth Over Speed
- Avoid overexpansion, especially early on, as rapid growth can damage a brand.
- Prioritize disciplined, sustainable growth over quick expansion.
Mo’Bettahs Investment
- Andrew Smith was drawn to Mo’Bettahs because of the founders' values and the brand's existing success.
- Smith appreciated their focus on employees' growth and the quality of the food.
Ideal Investment Size
- Savory Fund prefers to invest in restaurant brands with 5-15 units, allowing for sufficient data and flexibility.
- This range indicates market validation while leaving room for adaptation and scaling.