How did Everytable, a social enterprise in Los Angeles, create a food service business that can solve two persistent symptoms of racism -- food deserts and the wealth gap? When Sam Polk quit his coveted job on Wall Street, he watched a Netflix documentary about poverty and food that lit a fire...eventually leading to Everytable, a brilliant restaurant chain in South L.A. Everytable has figured out how to sell high quality, incredibly healthy food that is affordable for residents of underserved communities, while giving them the opportunity to be owners.
In this episode, Sam shares how his team disrupted the restaurant business model, taking lessons from unlikely Goliaths like Amazon and McDonald's.
See below for what you'll learn in this episode.
* How to find inefficiency in existing business models
* What can be borrowed from Jeff Bezos' playbook at Amazon
* How to raise investment capital from philanthropic foundations
* How to fix the "30-30-30" profit margin problem in restaurants
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