101 episodes
The Restaurant Prosperity Formula David Scott Peters
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- Business
If you’re ready to stop being a prisoner in your restaurant and finally have the life you’ve been working for, you are in the right place. Podcast host David Scott Peters has been coaching restaurant owners since 2003 how to transform their restaurants and their lives by becoming the leader their restaurant requires for success. He has taught thousands of other restaurant owners how to do less and lead more, how to delegate and trust their teams, and use task-based systems to make it all work. The lessons he teaches and the solutions for the moment he offers are based on his Restaurant Prosperity Formula. To learn more about David and his formula, visit davidscottpeters.com or pick up a copy of his book, "The Restaurant Prosperity Formula: What Successful Restaurateurs Do."
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A Collection of the Best Tips for Cutting Restaurant Food Cost
For this special episode of my podcast, The Restaurant Prosperity Formula, I’m sharing some of the best tips from previous episodes, focusing on key areas such as food cost systems, leadership, and labor cost. This episode is dedicated to food cost. We’ll explore how high food costs are often self-inflicted, provide a quick walkthrough on calculating food cost, delve into the concept of ideal food cost, and finish with some menu engineering basics. Whether you're a new listener or a long-time follower, this episode is packed with valuable insights. Let’s get started!
🖥️ Get My Latest Training Video: https://dsp.coach/training-opt-in
👍 Book a Call – https://dsp.coach/podcast-ryan-call
Sponsor – Margin Edge: http://www.marginedge.com/dsp
Visit my website for more information about my restaurant coaching program: www.davidscottpeters.com -
The Key to Running a Great Restaurant Is Your Attitude
Achieving prosperity in the restaurant business means gaining financial freedom and the freedom to enjoy your life beyond the restaurant. It’s not just a dream; it’s a reality you can attain by following a specific formula. In this episode of my restaurant podcast, The Restaurant Prosperity Formula, I take you through a critical component of that formula: the power of a professional attitude. Incorporating the principles I review in this episode can transform your restaurant. Not only will you see improvements in customer satisfaction and sales, but you'll also create a thriving work environment for your team.
🖥️ Get My Latest Training Video: https://dsp.coach/training-opt-in
👍 Book a Call – https://dsp.coach/podcast-ryan-call
Sponsor – Margin Edge: http://www.marginedge.com/dsp
Visit my website for more information about my restaurant coaching program: www.davidscottpeters.com -
Rely on Your Team to Help You Identify a Toxic Restaurant Manager
You might have heard the saying, "People don't quit jobs; they quit managers." This is particularly true in our fast-paced, high-stress industry. A toxic manager can create a negative atmosphere and fail to lead by example, significantly affecting morale and productivity. In this episode of my restaurant podcast, The Restaurant Prosperity Formula, I am breaking down undeniable impact toxic managers have on your restaurant. I also outline how you can create and maintain a positive work environment, specifically by creating a positive culture in your restaurant. I will also cover how to build up your team’s confidence in that culture so they help you keep toxic managers out of your restaurant.
🖥️ Get My Latest Training Video: https://dsp.coach/training-opt-in
👍 Book a Call – https://dsp.coach/podcast-ryan-call
Sponsor – Margin Edge: http://www.marginedge.com/dsp
Visit my website for more information about my restaurant coaching program: www.davidscottpeters.com -
How AI Is Changing Marketing for Restaurants with Eric Shellenberger
A lot of restaurant owners think the secret to making money is marketing, but so often it ends up costing way more money than it ever generates because there is a right way and many wrong ways to do it. Since I focus on teaching restaurant owners how to make money through operational systems, I like to bring in outside experts to talk about restaurant marketing. This episode of The Restaurant Prosperity Formula podcast is a discussion with Eric Shellenberger. He is an author and owner of Bar Marketing Basics, a marketing firm that focuses on bringing in new customers into your restaurant or bar. Shellenberger is a repeat guest here. He has been on a quest to help restaurant and bar owners stop buying into the myth that other restaurant marketing companies are selling and start bringing in real traffic through your doors. I've brought him back not be just because his first episode was so popular but because he released a new book entitled "If I Could Give It Zero Stars, I Would." During our discussion he shares with you the importance of understanding how AI has changed what a restaurant needs to do to stay ahead of their competition and increase your sales.
Find Eric Shellenberger's book: If I Could Give It Zero Stars, I Would
🖥️ Get My Latest Training Video: https://dsp.coach/training-opt-in
👍 Book a Call – https://dsp.coach/podcast-ryan-call
Sponsor – Margin Edge: http://www.marginedge.com/dsp
Visit my website for more information about my restaurant coaching program: www.davidscottpeters.com -
How to Increase Your Restaurant Profits with Advanced Food Costing Software
When it comes to being profitable in the restaurant business, it’s important to maximize your efficiencies. One way to do that is to upgrade how you track your food cost, making food costing software a critical component of running your restaurant. Food costing software isn't just an upgrade; it's a revolutionary shift in how you approach your operation from managing expenses to optimizing each dish that comes out of your kitchen. In this episode of my restaurant podcast, The Restaurant Prosperity Formula, I’m teaching you how to use food costing software to boost your restaurant's efficiency and profitability. Listen to learn five key benefits and the impact each one has on your restaurant.
🖥️ Get My Latest Training Video: https://dsp.coach/training-opt-in
👍 Book a Call – https://dsp.coach/podcast-ryan-call
Sponsor – Margin Edge: http://www.marginedge.com/dsp
Visit my website for more information about my restaurant coaching program: www.davidscottpeters.com -
Where to Begin: A Roadmap to Restaurant Success
If there's one thing I've heard time and again from restaurant owners, it's, “I love your stuff, David. I've read your book, seen you speak, listen to your podcast and watch your YouTube videos, but I just don't know where to start.” If you want to take action and start to improve your restaurant and your life, and you’re asking the same question, you're in exactly the right place. For this episode of my restaurant podcast, The Restaurant Prosperity Formula, I’m tackling that very question, laying out a clear and actionable road map to not just start but to thrive. To make it easy to follow and understand, I've broken it up into seven segments: back to basics, the power of checklist and cash controls, vision and goals, the backbone of daily operations, crafting your financial blueprint, maximizing margins and managing labor efficiently.
🖥️ Get My Latest Training Video: https://dsp.coach/training-opt-in
👍 Book a Call – https://dsp.coach/podcast-ryan-call
Sponsor – Margin Edge: http://www.marginedge.com/dsp
Visit my website for more information about my restaurant coaching program: www.davidscottpeters.com
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