Sorry, We're Closed with Pat Light

Ep. 280 Defining Success for The Next Generation


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In this episode of 'Sorry We're Closed', Pat and Tevo discuss the recent launch of the Christmas theme at the Waiting Room, the challenges of managing a busy/growing restaurant. They also explore Gen Z's perception of success in terms of salary expectations, comparing it to millennials and boomers, and conclude with insights on the average US salary. They explore the financial realities faced by young professionals, the changing dynamics of the bar industry, and the opportunities presented by the creator economy. The discussion also touches on the struggles of living in high-cost areas like New York City and the evolving expectations of financial success across generations.


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00:00 Welcome and Introduction

02:50 The Waiting Room's Holiday Launch

06:02 Challenges of Managing a Busy Restaurant

08:57 Streaming Trends During COVID

11:53 Gen Z's Perception of Success

21:11 Average US Salary Insights

21:36 Challenges in Hiring and Managing Costs

30:44 Changing Demographics in the Bar Industry

32:41 The Struggles of Young Professionals

34:23 The Cost of Living in New York City

36:43 Pricing Strategies in the Bar Industry

38:09 Transforming Business Models for Success

46:14 Generational Perspectives on Financial Success

...more
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