#107: FREE AT LAST! How One Restaurant Owner Broke Free from Frustration

September 18, 2024 by David Scott Peters

Running a restaurant is no easy task. For Daniel Herrero, taking over his family's 35-year-old restaurant business in Panama meant inheriting four restaurants, a bakery, and a commissary — and all the chaos that came with them. It’s a familiar story for many restaurant owners, one of hard work, long hours and personal sacrifice.

In this episode of the restaurant podcast, The Restaurant Prosperity Formula, Herrero shares his journey and shows that even when you're knee-deep in problems, there's a path to success — if you're willing to make bold decisions.

Desperate for a solution, Herrero found David Scott Peters and his Restaurant Prosperity Formula. He attended Peters’ two-day seminar for restaurant owners that gave him a new perspective on how to run a restaurant.

“David was like the Tony Robbins of restaurants,” Herrero said, laughing. “He talked about how restaurant owners needed to work on their business, not in it. That hit me hard. I had been in survival mode for so long, I couldn’t see a way out.”

Herrero’s story is a powerful reminder of what’s possible when you embrace systems in your restaurant. So, if you’re feeling overwhelmed or stuck in the daily grind, take a page from Herrero’s playbook. Invest in systems, find the right people, and most importantly, remember that success means having the freedom to live life on your own terms.

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Learn the 3 principles the most successful restaurant owners follow and how you can learn to follow them, too: https://dsp.coach/principlesx3

Sponsor – Repeat Returns: http://repeatreturns.com/dsp 

Sponsor

This episode is being brought to you by MarginEdge. Managing costs is one of the most important parts of running a profitable restaurant—especially now. But between fluctuating vendor prices, waste, labor, and the never-ending list of daily tasks demanding your attention, it can be challenging for even the most experienced operators to keep up. That’s where MarginEdge comes in.

MarginEdge is a complete restaurant management software that automatically pulls data from your POS and invoices to give you real-time insights into your food and labor costs. No more waiting until it’s too late. With MarginEdge, you get the tools to make decisions in the moment: a daily P&L, price alerts for key ingredients, real-time plate costs. And best of all? No spreadsheets required. Take control of your costs, work more efficiently, and boost your profitability. Visit www.marginedge.com/DSP to learn more and schedule your demo today.

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