Two-and-a-half years after selling his namesake restaurant chain Scotty's, entrepreneur Scott Wise is launching another eatery. Roots Burger Bar will be located in the same Muncie location as his original restaurant but will have a more casual feel and tighter menu.

Wise tells IBJ Podcast host Mason King that he's both emotional and excited about the new start, which he says has been like hitting control-alt-delete on his career.

But it hasn't been an easy path. Wise explains why he believed selling Scotty's was a good move, why he planned to stay with the company that bought it for five years and what happened to make him leave so quickly. He also talks about the impact his parents and a near-death experience had on his life.

Scotty’s Holdings LLC, which filed for Chapter 11 bankruptcy protection in December and has closed several restaurants, did not return a request for comment about Wise's comments in the podcast. 

IBJ reporter Susan Orr has more about Wise's new Roots restaurant. 

This edition of the IBJ Podcast is sponsored by the Office of Minority and Women Business Development.