LIVE from the Fast Casual Executive Summit in Louisville, Kentucky, the guys catch up with the visionaries of emerging restaurant brands, unpacking their innovative concepts and roadmaps to expansion!In today's episode of Hospitality Hangout, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” are joined by Prakash Karamchandani, Chief Executive Officer of Balance Pan-Asian Grille; Chris Medhurst, President and Chief Operating Officer of District Taco; and Chad Coulter, Founder and CEO of Biscuit Belly.Key Takeaways:(02:01) Prakash Karamchandani: Opening an Asian restaurant after losing his finance job in the 2008 recession.(3:05) Growing your own produce using an aquaponics system.(6:57) Post-Covid growth.(12:30) Hot topics with respect to hospitality and technology.(20:29) Chris Medhurst: Growth plans for New York and other East Coast markets.(26:42) Using AI to improve restaurant operations.(32:26) Chad Coulter: Focusing biscuit business growth in Southeastern US.(35:31) Pivoting from selling wine to opening biscuit restaurants.(41:45) Chad says speed kills when it comes to reckless franchise growth.(49:09) Chad first invested in a self-pour beer company.(53:16) The Price is Right loss as inspiration?(56:39) Jennifer Lawrence as favorite Kentucky celebrity?(59:10) Thank Kentucky for inventing Mother's Day!
Fast Casual Revolution Part 2: The Sizzle Behind Emerging Restaurant Brands
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