From Wealth Management To Launching Successful Restaurants | David Steele In this episode of the Beyond the Wealth Podcast, host Andres Sanchez welcomes David Steele, cofounder and CEO of One Wealth Advisors and executive chairman of Flour and Water Hospitality Group. David shares his journey from starting a financial planning practice at age 24 to founding one of the most successful restaurant groups in the San Francisco Bay Area. David’s philosophy of building businesses “the right way” offers a refreshing perspective in an age of quick exits and viral successes. From creating lasting client relationships in financial services to scaling multiple restaurants into a thriving consumer brand, his story is a masterclass in entrepreneurship, resilience, and strategic growth. What You’ll Learn in This Episode: - Why focusing on slow, sustainable growth outshines the allure of quick wins. - How to navigate entrepreneurship while balancing risks and responsibilities. - Insights into scaling a restaurant business during and after the COVID-19 crisis. - The importance of people skills in building a lasting business legacy. - Why setting clear, authentic goals is the foundation of success. Who Should Watch: This episode is a must-watch for aspiring and seasoned entrepreneurs, financial planners, and anyone curious about balancing passion and business while creating a lasting impact. Subscribe for More: Don’t miss inspiring stories and actionable strategies from top entrepreneurs, creators, and business leaders. Subscribe to the Beyond the Wealth Podcast today! -------------------------------------------- Connect with David Steele: LinkedIn: https://www.linkedin.com/in/david-steele-76088a/ Website: onewealth.net Connect with Andres: Twitter: https://x.com/_Andres_Sanch_ Instagram: https://www.instagram.com/beyondthewealthpod/ -------------------------------------------- 00:00 Began in finance, succeeded in restaurant industry. 04:21 Power law encourages quick-scaling business models. 08:39 Financial pressures may lead to risky decisions. 10:46 Dependents hinder entrepreneurial success, personality matters. 15:44 Build a side project alongside a tech job. 17:33 Sustainable business built by nurturing, managing talent. 21:35 Restaurant failures high due to romanticization, inexperience. 24:41 Goal setting is crucial for achieving success. 27:22 Consult seasoned advisers, develop a business plan. 32:11 Culinary excellence, fair prices, cool atmosphere succeeded. 35:38 Entrepreneurship demands flexibility and resilience through challenges. 38:31 Stay grounded despite endless opportunities and ideas. 42:47 Service to others brings true happiness, success. 46:16 Sharing wisdom through podcasting, preferring speaking over writing.
Popular Podcasts
True Crime Tonight
If you eat, sleep, and breathe true crime, TRUE CRIME TONIGHT is serving up your nightly fix. Five nights a week, KT STUDIOS & iHEART RADIO invite listeners to pull up a seat for an unfiltered look at the biggest cases making headlines, celebrity scandals, and the trials everyone is watching. With a mix of expert analysis, hot takes, and listener call-ins, TRUE CRIME TONIGHT goes beyond the headlines to uncover the twists, turns, and unanswered questions that keep us all obsessed—because, at TRUE CRIME TONIGHT, there’s a seat for everyone. Whether breaking down crime scene forensics, scrutinizing serial killers, or debating the most binge-worthy true crime docs, True Crime Tonight is the fresh, fast-paced, and slightly addictive home for true crime lovers.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
The Clay Travis and Buck Sexton Show
The Clay Travis and Buck Sexton Show. Clay Travis and Buck Sexton tackle the biggest stories in news, politics and current events with intelligence and humor. From the border crisis, to the madness of cancel culture and far-left missteps, Clay and Buck guide listeners through the latest headlines and hot topics with fun and entertaining conversations and opinions.