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Earn Your Leisure

EYL #245 The Path to $100 Million: Restaurants, Hospitality, Night Life, Family, & Health with Larry Morrow

Earn Your Leisure

iHeartPodcasts

Entrepreneurship, Education, Careers, News, Investing, Business, Business News

4.97.9K Ratings

🗓️ 18 July 2023

⏱️ 78 minutes

🧾️ Download transcript

Summary

Join us as we dive deep into an enlightening conversation with Larry Morrow, a renowned figure in the restaurant and hospitality industry. In this candid interview, Larry discusses the importance of building a strong team, and shares wisdom gained from his mentors in the restaurant business.


He opens up about his early struggles and the invaluable lessons learned, which helped him successfully expand his restaurant portfolio. He also explores the stark differences between running clubs and restaurants and shares insider secrets about the restaurant business.


Highlighting his new Asian fusion restaurant, Larry gives us a glimpse into how this venture pays homage to his grandmother. We also delve into personal topics like his family life, his commitment to fitness, working alongside his mother, and dealing with 'survivor's remorse.'


From leasing versus buying locations to managing customer retention and thinking about selling a company, Larry provides a treasure trove of knowledge. He shares a fascinating story of Jay-Z buying a painting from one of his restaurants and his ambitious goal to reach a $100 million valuation.


We round off the conversation with Larry discussing the importance of helping others, the financial lessons he's learned, and how he strategically builds separate brands. Don't miss out on this compelling journey through Larry Morrow's life and career. Remember to like, share, and subscribe for more insightful conversations. Tune in! #larrymorrow #hospitality #restaurantindustry



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Transcript

Click on a timestamp to play from that location

0:00.0

The time is come ladies and gentlemen, invest fest. That's right. That's right. Invest

0:03.9

best 2023 is here. August 25th, 26th and 27th in Atlanta, Georgia. We are taking into a new level.

0:11.2

Bigger than ever. This year we're going through 20,000 people in Atlanta, Georgia.

0:17.1

I want you to do yourself a favor. Head over to InvestFest.com right now. We will have

0:21.5

activations from Friday, Saturday and Sunday, three days, musical performances, billionaires.

0:27.9

Everything is going to be a completely life-changing experience.

0:32.6

Vendor Marketplace, food truck, village, you know how we do.

0:35.1

Don't wait. Don't hesitate. Head over now.

0:37.1

Yes, so we are here at the Baldwin and Co. Coffee Shop in bookstore and we're about to

0:45.4

interview legendary entrepreneur in the city. Yes, yes, yes.

0:50.6

Want to do an introduction? Yeah, man. I mean, it's been a minute, man. We've been trying to

0:55.6

sit down with this guy for a while just because of the value that he's added. Not only to our community,

1:00.1

but to his city. And anytime we run into the level of hospitality. When we talk about

1:04.7

Southern hospitality, this dude and bodyship, man. And so I got Larry Marles with us.

1:10.5

The legend himself. So we appreciate you joining us, my guy.

1:14.0

And I appreciate Sean's platform, man. You know, we've been talking about it for a minute and

1:18.4

there's just the honor just to be able to be here and do this in New Orleans doing a beautiful

1:22.5

black weekend. Yeah, we're in your city, man. We're in your city.

1:25.3

Oh, man, man. Thank you.

1:27.0

Um, okay, this is dope, man. You know, I've been watching what you're doing for a long time and

1:30.5

just be sitting right here doing this with y'all in New Orleans means a lot.

1:34.7

You just enlightened us. So I feel like you could you can do the education of where we are

...

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