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February 19, 2025 49 mins
In this episode, I sit down with Chris Tripoli, a hospitality industry veteran with over 45 years of experience as a concept developer, owner-operator, and restaurant consultant. Chris shares the key ingredients for building a successful restaurant, from the foundational elements of a winning concept to navigating industry challenges like rising costs and staff shortages. He also dives into his Tripoli 10 Commandments, including the 3 P’s, and why financial discipline is crucial for long-term sustainability. With experience across the US, Mexico, the Caribbean, and the Middle East, Chris discusses global trends shaping the restaurant industry and how operators can adapt. As the host of Corner Booth Podcast, he reflects on the most inspiring lessons from his conversations with restaurant entrepreneurs. Whether you're a first-time restaurant owner or an industry veteran, this episode is packed with actionable insights to help you thrive. Tune in now! 🎧 Key Takeaways: ✅ A strong restaurant concept is built on consistency, adaptability, and financial discipline.✅ Service is still a critical element, despite industry challenges—operators must find innovative ways to maintain high standards.✅ Understanding the 3 P’s (People, Product, and Process) is essential for long-term sustainability.✅ First-time entrepreneurs must prioritise budgeting, location strategy, and operational efficiency.✅ Global trends such as digital transformation and experiential dining are shaping the industry. 🔗 Connect with Chris Tripoli: Corner Booth Podcast Website: https://www.christripoli.com 📢 Follow Us for More Hospitality Insights: Website: https://www.michellepascoe.com/ LinkedIn: https://www.linkedin.com/in/michellepascoe/
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