Danny Meyer – The Power of Hospitality - [Invest Like the Best, EP.203]

<p>My guest today is Danny Meyer, the founder and CEO of Union Square Hospitality Group, which compromises some of the most acclaimed restaurants in New York like Gramercy Tavern and Union Square Café. He’s also the founder and chairman of Shake Shack, which began in New York City but is now a publicly traded company with hundreds of locations worldwide. Our conversation focuses on how great hospitality leads to a great business, regardless of what sector its in. We discuss why hospitality is the starting point for Danny’s business philosophy, why first impressions matter, Danny’s concept of ABCD - always be connecting dots, how to scale hospitality, and how to build a business with essentialism and soul. The other day, when my young son went ice skating and fell a lot he said to me “well you learn from your mistake so you try to make as many of them as you can.” You’ll hear Danny say something powerfully similar late in the conversation. It’s a lovely thought, then, that I found out my son, my firstborn, was a boy in one of Danny’s restaurants, in a reveal orchestrated by his incredible team. I really hope you enjoy our conversation.</p> <p><strong> </strong></p> <p><strong>This episode of Invest like the Best is brought to you by</strong> <a href= "https://www.tegus.co/patrick"><strong>Tegus</strong></a><strong>. Tegus has built the most extensive primary information platform available for investors.<br /> <br /> With Tegus, you can learn everything you’d want to know about a company in an on-demand digital platform. Investors share their expert calls, allowing others to instantly access more than 10,000 calls on Square, Snowflake, or almost any company of interest. All you have to do is log in.<br /> <br /> Visit</strong> <a href= "https://www.tegus.co/patrick"><strong>https://www.tegus.co/patrick</strong></a> <strong>to learn more.</strong></p> <p><strong> </strong></p> <p><strong> </strong></p> <p><strong>This episode of Invest Like The Best is also sponsored by Assure. Assure is changing the way investors m