Episodios

  • Use these Leadership Tips to Run a Successful Restaurant
    Jul 24 2024

    Leadership is not just a buzzword; it’s the driving force behind every successful restaurant. By combining leadership with action, systems and training, you can create prosperity for yourself and your restaurant. In this episode of The Restaurant Prosperity Formula, I’m sharing some of my best leadership insights from past podcast episodes to highlight the critical importance of leadership in the restaurant industry. I explore why leaders matter, the role of a growth mindset in developing leadership skills, and specific behaviors and attitudes that hinder effective leadership. Additionally, I’ll share four action steps to increase your management team's responsibilities, allowing you to lead your restaurant instead of merely running it.

    🖥️ 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

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    31 m
  • Not Using Restaurant Systems? Don’t Miss this Episode!
    Jul 10 2024

    Today's special recap episode of my restaurant podcast, The Restaurant Prosperity Formula, is focused on systems and why they’re so important in restaurant management. You’ll learn what I mean by systems, why they are crucial and how you can use them specifically in the kitchen to safeguard your restaurant when you lack a culinary background. We'll also discuss how systems impact your restaurant and ultimately your life. And last but not least, I share a portion of an interview with restaurant employee Brandon Anderson, who helped his owner implement systems that significantly benefited the restaurant, the owner, and Brandon himself. Whether you're new to my podcast or a longtime listener, this is an episode you won't want to miss.

    🖥️ 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

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    20 m
  • A Collection of the Best Tips for Cutting Restaurant Food Cost
    Jun 26 2024

    For this special episode of my podcast, The Restaurant Prosperity Formula, I’m sharing some of the best tips from previous episodes, focusing on key areas such as food cost systems, leadership, and labor cost. This episode is dedicated to food cost. We’ll explore how high food costs are often self-inflicted, provide a quick walkthrough on calculating food cost, delve into the concept of ideal food cost, and finish with some menu engineering basics. Whether you're a new listener or a long-time follower, this episode is packed with valuable insights. Let’s get started!

    🖥️ 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

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    25 m
  • The Key to Running a Great Restaurant Is Your Attitude
    Jun 12 2024

    Achieving prosperity in the restaurant business means gaining financial freedom and the freedom to enjoy your life beyond the restaurant. It’s not just a dream; it’s a reality you can attain by following a specific formula. In this episode of my restaurant podcast, The Restaurant Prosperity Formula, I take you through a critical component of that formula: the power of a professional attitude. Incorporating the principles I review in this episode can transform your restaurant. Not only will you see improvements in customer satisfaction and sales, but you'll also create a thriving work environment for your team.

    🖥️ 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

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    15 m
  • Rely on Your Team to Help You Identify a Toxic Restaurant Manager
    May 29 2024

    You might have heard the saying, "People don't quit jobs; they quit managers." This is particularly true in our fast-paced, high-stress industry. A toxic manager can create a negative atmosphere and fail to lead by example, significantly affecting morale and productivity. In this episode of my restaurant podcast, The Restaurant Prosperity Formula, I am breaking down undeniable impact toxic managers have on your restaurant. I also outline how you can create and maintain a positive work environment, specifically by creating a positive culture in your restaurant. I will also cover how to build up your team’s confidence in that culture so they help you keep toxic managers out of 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

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    21 m
  • How AI Is Changing Marketing for Restaurants
    May 15 2024

    A lot of restaurant owners think the secret to making money is marketing, but so often it ends up costing way more money than it ever generates because there is a right way and many wrong ways to do it. Since I focus on teaching restaurant owners how to make money through operational systems, I like to bring in outside experts to talk about restaurant marketing. This episode of The Restaurant Prosperity Formula podcast is a discussion with Eric Shellenberger. He is an author and owner of Bar Marketing Basics, a marketing firm that focuses on bringing in new customers into your restaurant or bar. Shellenberger is a repeat guest here. He has been on a quest to help restaurant and bar owners stop buying into the myth that other restaurant marketing companies are selling and start bringing in real traffic through your doors. I've brought him back not be just because his first episode was so popular but because he released a new book entitled "If I Could Give It Zero Stars, I Would." During our discussion he shares with you the importance of understanding how AI has changed what a restaurant needs to do to stay ahead of their competition and increase your sales.

    Find Eric Shellenberger's book: If I Could Give It Zero Stars, I Would

    🖥️ 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

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    53 m
  • How to Increase Your Restaurant Profits with Advanced Food Costing Software
    May 1 2024

    When it comes to being profitable in the restaurant business, it’s important to maximize your efficiencies. One way to do that is to upgrade how you track your food cost, making food costing software a critical component of running your restaurant. Food costing software isn't just an upgrade; it's a revolutionary shift in how you approach your operation from managing expenses to optimizing each dish that comes out of your kitchen. In this episode of my restaurant podcast, The Restaurant Prosperity Formula, I’m teaching you how to use food costing software to boost your restaurant's efficiency and profitability. Listen to learn five key benefits and the impact each one has on 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

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    15 m
  • Where to Begin: A Roadmap to Restaurant Success
    Apr 17 2024

    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

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    23 m