Discover the latest episode of the BWR Podcast as hosts David & Jalen sit down with Derrick Hayes, the visionary CEO behind Big Dave’s Cheesesteaks. Hailing from Philadelphia, Derrick ventured into Atlanta, introducing the iconic Philly Cheesesteak to the southern city and spearheading one of the fastest-growing restaurant startups, now boasting a team of over 144 employees.
Tune in as Derrick candidly shares his journey, delving into pivotal moments that shaped his success. Learn how he rebounded from a staggering $1 million loss, leveraging his last resources to establish and nurture his restaurant brand. He opens up about overcoming significant setbacks while scaling his company to a remarkable annual revenue exceeding $1 million.
Key Highlights:
5:05 – Unveiling the fusion of culture and culinary artistry
12:30 – Insights on the significance of networking and access in business
16:00 – Exploring the psychology of leveraging someone else's wealth
20:07 – Embracing the challenges of the entrepreneurial journey
28:45 – Recognizing the tipping point for expansion, marked by hours-long queues
31:31 – Empowering veteran employees through phantom equity
39:10 – The power of hiring expertise beyond your own
47:30 – Quality control strategies drawn from the Blue Apron model
54:07 – Final insights and reflections
Make sure to take advantage of Derrick's invaluable wisdom! Join the conversation, gain insights, and leave your feedback by giving us a 5-star rating & review ⭐️⭐️⭐️⭐️⭐️
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Keep Up With the Guest
Derrick Hayes
https://www.instagram.com/officialdhayes/
https://www.linkedin.com/in/derrick-hayes
Keep Up With the Hosts
David Bellard
https://instagram.com/david_bellard
https://twitter.com/daviddagoliath_
Jalen Clark
https://instagram.com/_jclark06
https://twitter.com/jefeklap
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11/29/2023