100 episodes

OUT TO LUNCH finds economist and Tulane finance professor Peter Ricchiuti conducting business New Orleans style: over lunch at Commander's Palace restaurant. Each week Peter invites guests from the New Orleans business renaissance to join him. The Wall Street Journal, Forbes, and Inc magazine have all named New Orleans the best city in the USA to be an entrepreneur. Out to Lunch is the cafeteria of the new New Orleans entrepreneurial movement. You can also hear the show on WWNO 89.9FM.

It's New Orleans: Out to Lunch itsneworleans.com

    • Business News

OUT TO LUNCH finds economist and Tulane finance professor Peter Ricchiuti conducting business New Orleans style: over lunch at Commander's Palace restaurant. Each week Peter invites guests from the New Orleans business renaissance to join him. The Wall Street Journal, Forbes, and Inc magazine have all named New Orleans the best city in the USA to be an entrepreneur. Out to Lunch is the cafeteria of the new New Orleans entrepreneurial movement. You can also hear the show on WWNO 89.9FM.

    Rural and Urban Dirt

    Rural and Urban Dirt

    We like to divide things up into opposites. Like married or single. Man or woman. Rural or urban. Increasingly, though, we’re coming to find out that things are not so black and white. Marriage alternatives and pansexuality are subjects for shows that probably don’t wander into the realm of business, but the dichotomy of rural and urban does. Even right down to rural and urban dirt.

    We’ve spent generations building cities and suburbs that have pushed anything rural out to where dirt is cheap. And we’ve thrown organic waste into plastic bags - when we could have been recycling it as compost.

    Times are changing. Today, right here in New Orleans, whether you have a home or business, you can recycle your organic waste and have it made into compost. And you can buy compost for your garden or farm, by the bag or by the ton.

    All this is thanks to Nico Krebill and Nico’s business, Schmelly’s Dirt Farm.

    Very few people are doing more to blur the line between urban and rural than Grant Estrade. Grant and his wife Kate are the founders and operators of Laughing Buddha Nursery and Local Cooling Farms.

    Under these two banners, it’s extraordinary how much Grant and Kate have going on. Here’s a short list:
    - Their nursery in Metairie specializes in helping people grow plants naturally and organically.
    - They sell all the material you need to brew your own beer, wine, or vinegar. 
    - They sell everything you need for hydroponics and aquaponics.
    - They organically raise pigs, goats, and chickens.
    - They sell their own brand of soil, called Bag of Plenty.
    - They sell their organically raised meat and produce at their Metairie location.
    - You can subscribe to their co-op and get organic protein and produce delivered.

    The drift away from urban dwellers getting our hands dirty started a long time ago. Probably around the time of the industrial revolution, in 1800. It would take an Armageddon-like catastrophe to turn us all back into farmers, but there is definitely some middle ground between urban and rural dirt that gives us the best of both worlds.

    Out to Lunch is recorded live over lunch at Commander's Palace. You can find photos from this show by Jill Lafleur, and more, at our website https://link.chtbl.com/LYuaasWe

    You can hear more lunchtime conversation about New Orleans urban farming here.

    • 23 min
    Your New Car and New Job

    Your New Car and New Job

    "Your new Car and New Job" might at one time have been the subject line of a targeted marketing email. We have left those days behind. Way behind.

    Today, if you spend any time online – and specially on social media – you’ve no doubt noticed what’s going on with personalized advertisements. Ads seem to be getting increasingly specific. Targeted. And timely.

    At one time we were able to explain this by assuming Google knew what we were searching for, and was selling our search information to advertisers. Then it started looking like advertisers weren't sending us email, they were reading our email! And lately personalized ad targeting has gotten so specialized that we’ve begun to wonder if our phones and other voice activated devices are listening to us.

    Whether or not they are, the truth of what is going on with online marketing is even more unsettling. Online marketing people are reading our minds. For real. Thanks to Artificial Intelligence. Or A.I.

    When applied to marketing, A.I knows when you want to buy a product – before you do. This is not some sort of futuristic science fiction. It is science. But it’s not fiction. And it’s not the future. It’s here now.

    Perhaps surprisingly, one of the leaders in the field of A.I. marketing is from Lafayette. His name is Frankie Russo.

    Frankie’s venture capital, company Russo Capital, invests in startups. And Frankie is founder and CEO of the A.I marketing company, 360 IA.

    Whether an automated bot decides it’s time for you buy something new, or you decide it for yourself, you’re still going to need money to buy it with. For most of us, the only way to get that money is by having a job.

    Latest estimates are that around fifty percent of us work in a small business. If you’re a part of that 50%, you know that the way you get hired and get trained on the job in a small business is different from the way you get hired and trained at a bigger company.

    And if you own a small business, you know that hiring good people and retaining them can be a major headache, and a drain on resources. Which is where a company called HR NOLA comes in. HR NOLA steps in for just a few weeks, days, or even hours, to give small businesses an HR department with the same advantages of big business.

    The founder and CEO of HR NOLA is Amy Bakay.

    Out to Lunch is recorded over lunch at Commander's Palace. Find photos by Jill Lafleur and more at our website https://link.chtbl.com/LYuaasWe

    • 37 min
    The Continuing Evolution of New Orleans

    The Continuing Evolution of New Orleans

    After Hurricane Katrina nearly destroyed New Orleans in 2005, we were all focused on the same thing: rebuilding the city. Apart from large areas of the Lower 9th Ward which still remain uninhabited, we have succeeded beyond, what were then, most people’s wildest dreams. Beyond simply rebuilding the city that was, we have moved into what has become the continuing evolution of New Orleans.

    Take housing for example. After years of blight and abandoned homes being the city’s biggest problems, our housing problems today are the exact opposite - gentrification and an increasing population causing soaring rents.

    Simone Bruni Crouere has been a part of this process all along. You may know Simone better by her company name, Demo Diva. 

    Like the city itself, Demo Diva continues to evolve, diversifying from knocking down buildings to putting them back together again. Demo Diva’s sister business is called Reclaimed Diva.

     

    Jonathan Leit is Director of the New Orleans office of a New York property development company with a community building mission. The company is called Alembic Community Development.

    Under Jonathan’s leadership the company developed the Palmyra Street Apartments  the Dryades Public Market on Oretha Castle Hailey Boulevard, and the Donald Harrison Senior Cultural Arts Museum in the Upper 9th Ward.

    As the devastation of Hurricane Katrina and the almost equally devastating slow drip of population and resource-depletion that preceded it have been reversed, the continuing evolution of New Orleans is both a social and economic work in progress.

    Out to Lunch is recorded over lunch at Commander's Palace in New Orleans. You can see photos from this show by Jill Lafleur and more at our website https://link.chtbl.com/LYuaasWe

     

    • 23 min
    The Other Side of Cancer Alley

    The Other Side of Cancer Alley

    The industrial corridor between New Orleans and Baton Rouge is sometimes referred to around here as "Cancer Alley." The name comes from the refineries and chemical plants that dump waste into the air, land and water. If Oleander Medical Technologies succeeds in its plan, “Cancer Alley” is going to have a whole new meaning. On this edition of Out to Lunch, Peter Ricchiuti is looking at the other side of Cancer Alley.

    Based between New Orleans and Baton Rouge, the two ends of Cancer Alley, Oleander Medical Technologies are pioneering a revolutionary breakthrough in what may - very soon - turn out to be a real cure for many types of cancer.

    Paige Miller, President of Oleander Medical Technologies, explains what seems to be almost impossible to imagine: far from the months of tortuous chemo-therapy we're used to, this new treatment takes 15 minutes, in clinical trials it appears to be working, and its side effects are at worst "flu-like symptoms."

    In the best of all possible worlds, we will learn how to prevent contracting cancer in the first place through what's called "preventive medicine." We've begun walking down this path already in recent years as we’ve come to realize there’s a link between our health and our diet.

    But, although we now take much more individual responsibility for eating healthy, the medical profession as a whole isn’t keeping up with us. Think about this: When was the last time your doctor asked you what you eat? And wrote your answer into your medical records? 

    Now, thanks to a piece of technology called Junum, your doctor can do just that. Molly Hegarty combined her background in engineering and her career in nutrition to found Junum in 2017 and runs the growing healthcare company today as its CEO.

    Junum is a tech tool for doctors. It's a secure platform that helps clinicians easily record relevant nutrition information about a patient so that this info becomes part of electronic health records and helps doctors make nutrition-related medical diagnoses.

    You're going to walk away from this conversation inspired and amazed at what is happening on the other side of Cancer Alley.

    Out to Lunch is recorded over lunch at Commander's Palace restaurant in New Orleans. You can see photos from this show by Alison Moon at our website https://link.chtbl.com/LYuaasWe

    Check out more about local healthcare startups here.

     

    • 23 min
    The Reality of 21st Century Healthcare

    The Reality of 21st Century Healthcare

    Human beings have probably been talking about their health since language was invented. Today, the reality of 21st Century healthcare compels us to deal with everything from the cost of an ambulance ride to the fallout of over-prescribed painkillers. 

    Let's start with the latter. Locally, in Louisiana there are reportedly more prescriptions for opioids than there are citizens of the state.

    One of the cures for this problem is to have doctors stop writing so many prescriptions. That's all well and good as a long-term plan for the future, but for New Orleanians addicted to drugs today, who want to cure their addiction now, getting into a rehab program has often meant leaving New Orleans and Louisiana.

    Chris McMahon is President and CEO of a company that is addressing this issue. Longbranch Healthcare runs Longbranch Recovery with an outpatient clinic in Old Metairie, and an inpatient residential facility, in Abita Springs.

    If you’ve ever had a medical emergency and called an ambulance, you will have discovered that if your insurance doesn’t cover it, your transportation to hospital costs you somewhere around a thousand dollars.

    And the only place the ambulance will take you is a hospital emergency room. This might, on the face of it, sound sensible, but the reality of 21st Century healthcare is that hospital emergency rooms are generally swamped, over-run with patients. The reason for this is that a percentage of patients waiting for care are in the wrong place: because their condition is not actually a medical emergency.

    A local New Orleans company is setting out to solve both the ambulance and the emergency room issues.

    Ready Responders has a network of alternative EMT workers who arrive at the scene of an emergency on foot, by bicycle, or in their own car. Rather than automatically take the patient to the ER, the responder makes a case-based decision about what should happen to the patient. That might be patching them up and sending them on their way, or putting them in touch with the right medical professional in the community, other than the ER.

    Justin Dangel is CEO and co-founder of Ready Responders. In a sales pitch kind of way, the concept is kind of "the Uber of EMS" but it's actually based on a working model that predates Uber and has some real-world testing that Justin witnessed first-hand on the ground in Israel.

    Out to Lunch is recorded over lunch at Commander's Palace in New Orleans. See photos from this show by Kallistia Bilinsky and more at our website https://link.chtbl.com/LYuaasWe

    Check out another investigation into 21st Century healthcare in Louisiana, here. 

     

    • 23 min
    Working On Your Business

    Working On Your Business

    Even if you know nothing about business – if your only link to business is listening to this show – you’ve probably heard about the distinction between working in your business and working on your business.

    Working in your business is what you have to do to get it up and running. Working on your business is what you have to do to keep it running -- and specially to grow it.

    How you make that transition - from starting a business to running a business - is vital. It’s the pathway to success. And that pathway is not always easy to find.

    To help you, there are a wide range of books that might best be described as self-help literature for business. There are business gurus. And there are whole companies of business consultants. All of these options offer various techniques for working on your business.

    Now there’s a new product that pulls a lot of these threads together. It’s a piece of business development software, appropriately called Align.

    Align was founded in 2014. So far it’s been used by over 15,000 clients in 64 countries. The company is headquartered in New Orleans, under the leadership of CEO Doug Walner.

    Bill Hines is a prime example of a person who moved from working in his business to working on his business.

    For 20 years, Bill worked as a corporate attorney. He specialized in transactions and financing for public and private companies, both domestically and internationally.

    You might have heard at the beginning of this show, some information about our sponsor, the law firm of Jones Walker. That announcement says, "Jones Walker has over 375 attorneys in offices throughout the US." Well, the person who manages all of those attorneys, and most other aspects of Jones Walker’s business, is none other than Bill Hines.

    Bill started at Jones Walker in 1982. In 2006 he stopped working in the business and started working on the business as the company’s Managing Partner.

    Out to Lunch is recorded live over lunch at Commander's Palace restaurant in New Orleans. Photos by Jill Lafleur.

     

    • 29 min

Customer Reviews

Thurnis Rollie ,

Great way to learn about the city

Always entertaining and interesting guests that cover all aspects of business.

DouglasRyan ,

Always Entertaining

Peter Ricchiuti is a popular business professor at Tulane University who founded the Burkenroad Report. More importantly for podcast listeners, he is always entertaining, no matter the subject matter. Each week he entertains successful entrepreneurs over lunch at Commander’s Palace in New Orleans. He is witty, creative and informative and his podcast rarely disappoints. New Orleans is a hotbed of entrepreneurship and startups, and Peter’s podcast shines a light on all the good things going on there.

EnzoNola ,

changing face of new orleans

hard to believe this show comes out of NO. Reminds me of the kind of entrepreneur tales from years ago in NYC or SiliconV. but with total New Orleans treatment - irreverent and fun with tons of personality tho manages to be NPR quality. it's actually on WWNO the NPR station in NO

Top Podcasts In Business News

Listeners Also Subscribed To