Entrepreneur Month: The Power of Hospitality with Danny Meyer

Rule Breaker Investing

The Motley Fool

Business, Investing, Invest, Rulebreaker, Stocks, Company, Growth, Stockmarket, Fool, Foolish

4.5 • 928 Ratings

🗓️ 16 November 2016

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Danny Meyer is famous for opening more than a dozen highly successful New York restaurants. And those restaurants – from Union Square Café to Shake Shack – are famous for their hospitality. More than mere service, hospitality is a measure of how a dining experience makes us feel. Today Danny speaks with David about how to differentiate your business in the age of plagiarism, how to glean entrepreneurial ideas from Seinfeld, how to pronounce Zagat, and more. Plus, an update on 5 lesser-known Rule Breaker stocks David picked on the show last year!

Transcript

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0:00.0	This episode of Rule Breaker Investing is brought to you by Rocket Mortgage.
0:03.5	By Quicken Loans, rocket mortgage brings the mortgage process into the 21st century
0:07.4	with a fast, easy, and completely online process.
0:10.8	Check out Rocket Mortgage today at quicken Loans.com slash Fool.
0:15.0	It's the Rule Breaker Investing Podcast with Motley Fool co-founder, David Gardner.
0:27.0	And welcome back to Rule Breaker Investing. It is Entrepreneur Month and we have a very special guest this week.
0:31.0	One of my favorite CEOs, his name is Danny Meyer.
0:35.0	Danny oversees the Union Square Hospitality Group of Shake Shack Fame among other things.
0:41.1	If you're a New Yorker, you almost certainly know Danny Meyer. If you're a New Yorker you almost certainly know Danny Meyer.
0:43.8	If you're not in New York, haven't heard of the man before, have never enjoyed one of his
0:47.6	restaurants, he has a wonderful book called Setting the Table, which is
0:51.4	outstanding business advice for entrepreneurs, which is outstanding business advice for entrepreneurs which is why I wanted
0:55.4	to have him on this week's show.
0:57.6	So that's coming up but we have a little bit of housekeeping to do in advance of that
1:01.1	because one year ago this week I did one of those things I do
1:04.8	every nine or ten podcasts I pick some stocks I pick five stocks and as I've always
1:10.4	said I like to score myself and I like to hold myself accountable, come back to you, let you know how
1:15.3	we're doing with those picks.
1:17.6	So it's one of those weeks.
1:19.6	And I'm happy to say I'm rubbing my hands together a little bit here because this group of stocks
1:24.8	has done pretty well.
1:26.6	Now before I share the results I want to mention the stock market's performance over
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