96 episodes

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."

The Restaurant Prosperity Formula David Scott Peters

    • Business
    • 4.9 • 29 Ratings

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."

    Where to Begin: A Roadmap to Restaurant Success

    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

    • 23 min
    Why Restaurant Owners Must Embrace Change to Succeed in the Restaurant Industry

    Why Restaurant Owners Must Embrace Change to Succeed in the Restaurant Industry

    Four years after the pandemic, I’m working with restaurant owners who are still suffering whiplash and struggling to find a path forward for their restaurants. I don’t have to tell you, but it was an intense time. Restaurant owners went from a complete shutdown of their restaurants and sending employees to the unemployment office to the frantic offer of money from the government and the incentives offered to employees to work through the unknown challenges. These days restaurant owners are working through the long-term consequences of taking that money and how to run their restaurants in this new landscape. The bottom line is things changed after pandemic. Costs are up, staff have different expectations and restaurant owners don’t want to be prisoners to their restaurants. In this episode of my restaurant podcast, The Restaurant Prosperity Formula, I am talking about how it's time for every restaurant owner to embark on change or possibly get swallowed up by the shifting sands of industry change and financial stresses you’re facing as a restaurant operator today.
    🖥️ 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

    • 15 min
    When the Restaurant Struggle Is Too Big for You Alone

    When the Restaurant Struggle Is Too Big for You Alone

    I recently had a coaching call with a restaurant owner whose business was struggling. He and his wife needed an outside perspective, and they turned to me to help them review their options. The call we had highlights the transformative power of resilience, strategic planning and the courage to embrace change. In this episode of my restaurant podcast, The Restaurant Prosperity Formula, learn more about what exactly was challenging their establishment, the discoveries we made and the next steps I recommended they take. The situation the restaurant owners are in isn’t uncommon but the resources they tapped are what make this situation stand apart. I’m confident they got the best counsel and insight from me and their fellow members, and I hope listeners can benefit as well.
    🖥️ 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

    • 19 min
    10 Critical Mindset Questions for Restaurant Owners

    10 Critical Mindset Questions for Restaurant Owners

    As a restaurant owner, there are many things you have to do right to be successful. It really is a business of spinning many plates at once. One thing I’ve found in the most successful restaurant owners I know is how they approach their role as a leader and how their mindset makes all the difference. In this episode of my restaurant podcast, The Restaurant Prosperity Formula, I’m sharing 10 critical mindset questions that serve as reflections into how your leadership is shaping your team's environment. Reflecting on these questions and engaging with the answers can be a game-changer for restaurant owners. The goal is to create a culture where challenges are met with courage, feedback fuels growth, and every team member feels valued and empowered.

    • 12 min
    How to Perfect Restaurant 101 with Systems

    How to Perfect Restaurant 101 with Systems

    A successful restaurant is one that delivers on the promise to it guests. That's hot food hot, cold food cold, a clean safe work environment for your guests and employees, WOW customer service and providing an incredible product. That's what restaurant owners are put on this earth to do, right? To create memories. We have the pleasure and the privilege to create memories in people's lives. In this episode of my restaurant podcast, the Restaurant Prosperity Formula, I focus on Restaurant 101, exploring the alchemy of perfect meal temperatures, the sanctuary of our dining havens, the ballet of exemplary service, the craftsmanship behind an unforgettable product and the finesse of the now indispensable to-go experience. Join me to uncover the blueprint of systems, training and the art of hospitality that transform a simple meal into an incredible memory. You’ll learn how diligently applying systems, committing to continuous training, maintaining unwavering consistency and delivering soulful hospitality, you can create experiences that linger long after the last bite.
    🖥️ 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

    • 11 min
    Expert Tips to Maximize Your Restaurant POS System

    Expert Tips to Maximize Your Restaurant POS System

    I tell restaurant owners all the time that their POS system is the most important piece of equipment they will ever purchase for their restaurant. The POS system is much more than a glorified cash register; it’s data central. It holds the key data you can use to change your business, prevent theft and make meaningful changes to your operations. In this episode of my podcast, The Restaurant Prosperity Formula, I review some of the most powerful and little-known reports your POS system has to offer. This includes four underutilized, yet essential, reports that are critical to harnessing the power of your POS system. With only the reports you have at your fingertips in your POS system, you will have the building blocks of informed decision-making so you can lead with confidence, and ensure efficiency, profitability and success in 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

    • 16 min

Customer Reviews

4.9 out of 5
29 Ratings

29 Ratings

Zubizarreta C ,

DSP for President!

My journey in the restaurant industry began when my father took ownership of a small restaurant, when I was 14 years old. 17 years later, I am still learning. I can’t express how lucky I am to be a part of this amazing industry. I am very grateful to have stumbled upon your platform on YouTube. I want to thank you for sharing helpful knowledge about this industry. It has helped me grow as a business owner and person. It helped me to maintain my passion for this industry. I hope to one day be able to join your coaching program someday.

Carlos Zubizarreta ,

Enlightening!

Thank you for your knowledge and motivation! I am pumped up every time I listen to one of your podcasts/videos.

I have been struggling with myself mentally, emotionally and physically due to being a slave to my business. My mentality and my emotions have been improving since I’ve found your videos/podcast. THANK YOU DAVID!

nerowolfe ,

Restaurant Prosperity

Do yourself a favor and take David’s 2 day seminar. Best money ever spent on getting tools to drill down on restaurant operations. Clay Taylor

Top Podcasts In Business

Private Equity Podcast: Karma School of Business
BluWave
Money Rehab with Nicole Lapin
Money News Network
The Prof G Pod with Scott Galloway
Vox Media Podcast Network
REAL AF with Andy Frisella
Andy Frisella #100to0
The Ramsey Show
Ramsey Network
The Money Mondays
Dan Fleyshman

You Might Also Like

Build A Better Restaurant with Peter Harman
Peter Harman
The Restaurant Coach Podcast
Donald Burns
RESTAURANT STRATEGY
Chip Klose
Restaurant Rockstars Podcast
Roger Beaudoin
Founders
David Senra
Restaurant Unstoppable with Eric Cacciatore
Inspiring interviews with todays most successful restaurateurs 2-days a wee