In this engaging conversation, Pat and Tevo reflect on their personal experiences and the concept of 'the good ole days.' They discuss the importance of enjoying life's journey, even amidst challenges. The conversation shifts to current hospitality news, highlighting rising prices and changes in the restaurant industry, including the introduction of tariff menus due to trade policies. The hosts explore the implications of these changes on consumers and businesses alike, emphasizing the need for resilience and perspective in navigating life's ups and downs. They delve into the challenges of micromanagement in business, the importance of setting goals for staff, and the necessity of adapting marketing strategies in a digital age. The discussion highlights the complexities of economic policies and their implications for businesses and consumers alike.

Chapters

00:00 The Good Old Days: Reflecting on Memories

10:33 Navigating Life's Challenges: Enjoying the Journey

11:03 Hospitality News: Rising Prices and Industry Changes

13:22 Tariff Menus: The Impact of Trade Policies on Restaurants

28:47 Impact of Federal Reserve on Interest Rates

29:30 Market Dynamics and Housing

30:55 Tariffs and Economic Implications

32:13 The Role of AI in Business

33:37 Taxation and Tariff Revenue

35:33 Challenges of Implementing Tariffs

37:54 Political Strategy and Economic Pain

39:46 Micromanagement in Business

40:59 The Effects of Micromanagement

42:34 Learning Through Micromanagement

44:56 Setting Goals for Staff

46:52 Adapting to Market Changes

48:46 Problem Solving in Management

51:44 Marketing Strategies and Social Media

54:33 Engaging Customers Through Content

56:33 The Future of Business in a Digital Age

YouTube and Socials

https://mtr.bio/sorry-were-closed-Pod