In this episode of CULINARY MECHANIC, Simon Zatyrka sits down with Geordy Murphy, founder of Fobesoft, to explore the critical intersection of culinary excellence and financial acumen. With over two decades of experience from busboy to restaurant owner, Geordy shares his journey from the high-energy San Francisco restaurant scene to revolutionizing restaurant financial management through technology.
The conversation dives deep into why talented chefs often struggle with business success, the myth of constant inventory counting, and how real-time financial data is transforming restaurant operations. Whether you're running a single location or managing multiple units, this episode offers practical insights into making your restaurant more profitable and sustainable.
4 Key Takeaways:
- The restaurant business is traditionally a "rear-view mirror" industry, but modern technology enables daily financial tracking and proactive management.
- Understanding financials is crucial for restaurant success - even celebrated chefs like Evan Funke and José Andrés emphasize this as fundamental.
- Many restaurant operators focus too heavily on inventory counting without understanding how to use that data effectively for business improvement.
- Systems and organization are more important than individual talent - successful restaurants need both culinary excellence and strong financial management.
Connect with Geordy
LinkedIn: https://www.linkedin.com/in/geordy-murphy-055b855/
Website: https://fobesoft.com/us
Connect with Simon
Email: simon@culinarymechanic.com
Book a Call: https://calendly.com/culinarymechanic/connect
Website: https://www.simonsez.me/
If you're interested in Starfish: https://www.usestarfish.com/
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