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Career Change
- Danny Meyer was a successful salesman before becoming a restaurateur, influenced by his entrepreneurial family.
- His uncle's question, "Why don't you just do what you've been thinking about doing your whole life?", prompted his career change.
Family Influences
- Meyer's grandfather, Irving Harris, achieved business success through strategic investments and evaluating human potential.
- His father, Morty, was an inventive but financially unstable entrepreneur with repeated bankruptcies.
Lessons from Failure
- Morty's businesses, including Open Road Tours and Caesar Associates, ultimately failed due to overexpansion and lack of competent support.
- Meyer learned to prioritize controlled growth and strong teams to avoid repeating his father's mistakes.