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Today's episode pivots into real estate investing. Joining Dan is two experts of hospitality financing and investments, Nate Edgerly and Tom Donaldson, the CEO and Chairman of Enzo Group Inc. The discussion goes into the motivations behind investing in hospitality, the critical role of strong management teams, and the unique challenges and opportunities in scaling restaurant businesses. They explore the financial metrics used to evaluate investments, the impact of macroeconomic factors on the industry, and the potential for growth in fast-casual dining. This conversation provides valuable insights for investors, restaurateurs, and industry professionals looking to understand the complexities of hospitality investments.Takeaways: When considering an investment or running a restaurant, focus on delivering a strong perceived value to customers. Make sure the food quality, service, and overall experience justify the price they pay.Before expanding, ensure you have replicable systems and processes in place. Detailed documentation and standard operating procedures can help new locations maintain consistency and operational efficiency.Keep an eye on essential financial metrics. Aim for high unit volumes and substantial store-level EBITDA margins, while managing build-out costs effectively.Recognize the critical role of a general manager in each unit. Investing in their development can create a significant positive impact on operational performance. Make the GM role a career-worthy position.Weigh the risks and benefits of lease commitments. Striking the right balance between prime locations and manageable lease liability can be crucial for long-term sustainability.Stay informed about macroeconomic trends and consumer behavior, as these can significantly impact the restaurant industry. Adjust strategies accordingly to maintain a competitive edge.Quote of the Show:“What I love most about hospitality is the human connection.” - Nate EdgerlyLinks:LinkedIn: https://www.linkedin.com/in/tom-donaldson-8468a54/ LinkedIn: https://www.linkedin.com/in/nathan-edgerly-00084b3/ Website: https://enzogroup.com/ Shout Outs:15:53 - Outback Steakhouse https://www.outback.com/ 17:10 - Taco Bamba https://www.tacobamba.com/ 29:25 - Bojangles https://www.bojangles.com/ 43:24 - Setting the Table https://www.amazon.com/Setting-Table-Transforming-Hospitality-Business/dp/0060742763 46:03 - Carbone https://carboneofficial.com/ 47:01 - Sweetgreen https://www.sweetgreen.com/ 47:35 - Chopt Creative Salad https://www.choptsalad.com/ 48:11 - Chipotle https://www.chipotle.com/ 48:13 - Panera https://www.panerabread.com/en-us/home.html 50:15 - Investors Business Daily https://www.investors.com/ 50:17 - Wall Street Journal https://www.wsj.com/ 50:32 - Tiffany's https://www.tiffany.com/ 50:49 - Kohl's https://www.kohls.com/ 50:52 - Walmart https://www.walmart.com/ 51:01 - Apple https://www.apple.com/ 51:50 - Pret a Manger https://www.pret.com/en-US 55:07 - AOL https://www.aol.com/ 57:29 - Chick-fil-A https://www.chick-fil-a.com/ 58:09 - Subway https://www.subway.com/en-us/ 58:10 - Dunkin Donuts https://www.dunkindonuts.com/en 59:03 - McDonald's https://www.mcdonalds.com/us/en-us.html 59:04 - Wendy's https://www.wendys.com/
Business Owners are often too engrossed in operating their business to deliberately drive the value of their company up as they prepare to exit. Joining Chris to explain the offerings of an outsourced service called Exit Factor, are Exit Strategists Jessica Starks and Tom Donaldson!
Tom Donaldson, Managing Partner and Founder of Blystone & Donaldson, joins Trent and Patrick on “At Home with Roby”. The guys catch up on their Legion baseball and college days, and talk about Tom's education and career path to Blystone & Donaldson. https://blystoneanddonaldson.com/See omnystudio.com/listener for privacy information.
Dr. Wilfred Reilly from KSU is filling in for Larry and he's got special guests political satirist Alex Stein and Tom Donaldson from America's Majority Foundation in hour 2. See omnystudio.com/listener for privacy information.
Pastor at St. Alphonsus Rock Church talks about the importance of Holy Thursday, the symbolism of washing someone's feet, and much more.
Featuring Tom Donaldson, the Mark Winkelman Professor of Legal Studies and Business Ethics at the Wharton School, U. PA. He is one of the pioneers of business ethics. (Recorded 12/20/21)
Mark O. Winkelman Professor of Legal Studies and Business Ethics, University of Pennsylvania, Wharton School of Business.
The Stock Day Podcast welcomed Signet International Holdings, Inc. (SIGN)(“the Company”), a publicly traded, multi-faceted company whose primary focus is in developing advanced technologies, energy solutions, and medical devices. President-Designate of the Company, Tom Donaldson, joined Stock Day host Everett Jolly.
President Tom Donaldson of Signet International Holdings, Inc. (OTC: SIGN), joins host Everett Jolly to talk new patented InCharge energy source, hopes for monetizing, and other technology patents. # 3D Graphene # ConnREAP™ # Diabetes # Diabetic Foot Ulcers # inCharge # Intellectual Property # Kinetic Image Translator Eye # Live Dimensional Photography # Minerals # multi-faceted media company # SeproSight(TM) # technology
This week, we had a tri-coastal conversation with special guest Tom Donaldson, VP Creative Play Lab at Lego Group, and Adam Simon, our head of strategy, about how technology is changing the future of play. The tri-coastal trio tackles a range of topics including AR & VR, voice-enabled devices, the role of education and end with a conversation about the growing concerns around screen time.What We Covered: How digital technology is changing play todayOpportunities and limitations of AR & VRWe discuss the definition of play as it pertains to esports and gamingVoice-enabled devices and their potential impact on playThe role of education in playWe end with a conversation on screen timeRelated Links:Lego Bugatti Chiron [YouTube]Floor 9 listener survey [Link] See acast.com/privacy for privacy and opt-out information.
Tom Donaldson is the VP of the Creative Play Lab at the LEGO Group and Jill Wilfert is the company’s VP of Global Licensing and Entertainment. Together they are helping to continually re-invent the LEGO brand and redefine how it engages with its millions of fans around the world. Whether it’s entertainment and film franchises or the creative possibilities of technologies like AR and VR, the pair focus on the power of play and what it can do to help the brand and deliver results. In this episode of Asking Out Loud, they sit down with The New School’s Melissa Rancourt to explore the power of play and why LEGO remains one of the world’s most loved brands.
In this episode we talk with Stephen Stich, a Philosophy professor at Rutgers University about his career, addressing moral/ethical issues in the classroom, and much more.Opening InvocationNorse MythologyInformation provide by Stephen Stich:Here is a link to our Templeton "Geography of Philosophy" Project website:https://www.geographyofphilosophy.com/And here's a link to a Templeton site based on an interview with my co-PI, Edouard Machery:https://www.templeton.org/grant/the-geography-of-philosophy-an-interdisciplinary-cross-cultural-exploration-of-universality-and-diversity-in-fundamental-philosophical-conceptsThere is more information on the book I was plugging here:https://global.oup.com/academic/product/epistemology-for-the-rest-of-the-world-9780190865085?cc=us&lang=enand here:https://www.amazon.com/Epistemology-Rest-World-Stephen-Stich-ebook/dp/B07DFP8XY5/ref=sr_1_1?ie=UTF8&qid=1530988099&sr=8-1&keywords=epistemology+for+the+rest+of+the+worldThere is information about the new Intro text that I wrote with Tom Donaldson here:https://global.oup.com/ushe/product/philosophy-9780199329960?cc=us&lang=en&
This is part two of our show on Tuesday, July 3, 2012. Tom Donaldson shares numbers and breaks down demographics and diversity of voters within ethnic groups, especially among Latino voters. Ben talks about forthcoming articles written by him on ObamaCare and the power of the Public Court of Opinion, and Steven Greenhut’s piece on […]
The crisis at Hewlett-Packard over allegations that its chairwoman Patricia Dunn authorized illegal surveillance of HP board members in order to find out who leaked sensitive company information to the press is dragging on perhaps longer than most people first expected. And it has raised a number of important issues about corporate governance privacy protection and surveillance of employees. Tom Donaldson professor of legal studies and business ethics at Wharton joins Knowledge at Wharton to talk about HP's woes as they relate to business practices both in the U.S. and abroad. Donaldson's research areas include business ethics leadership risk management and corporate compliance. He has consulted with companies ranging from Goldman Sachs and Wachovia to Exelon and KPMG and is currently working on articles about corporate risk management programs and cash management practices at non-profit organizations. See acast.com/privacy for privacy and opt-out information.