Ep# 12 | WTF is The Restaurant Game? Nikhil w/ Pooja Dhingra, Zorawar Kalra & Riyaaz Amlani |
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It’s easier to set up an arms factory than to sell a sandwich or a drink. This reflects the hidden complexity the restaurant world possesses.
As Indians, we are culturally inclined to want options when it comes to our food, we go to multicuisine restaurants with our families, cafés with our work friends, fine dining for our dates, and pubs with our friends! We judge the temperature, the music, the food, the service, the cutlery, and everything in between. This involves not only recipe building but also mastering technology, marketing, interior design, and much more. With this episode, we will walk you through a checklist of crucial decisions to start and thrive in this space. We have with us Riyaaz Amlani, best known for his brands like SOCIAL, Smoke House Deli, and Boss Burgers; Zorawar Kalra, famous for his appearances on Masterchef and his brands like Farzi Cafe, Masala Library, and Pa Pa Ya; Pooja Dhingra, renowned for Le15, known for their macaroon; currently a judge in Masterchef India and an author. If you’re below 22 and are working on building something in the F&B space, here’s the chance to get the support you’ve been looking for ➡️Apply here: https://tally.so/r/mBp7LN #NikhilKamath: Co-founder of Zerodha, True Beacon and Gruhas Follow Nikhil here: Twitter https://x.com/nikhilkamathcio/ Instagram https://www.instagram.com/nikhilkamathcio/ Facebook https://www.facebook.com/nikhilkamathcio/ Linkedin https://in.linkedin.com/in/nikhilkamathcio Koo https://www.kooapp.com/profile/Nikhilkamath #ZorawarKalra: Founder & MD - Massive Restaurants; TV Show Host, and MasterChef India Judge Follow Zorawar here: Twitter https://twitter.com/ZorawarKalra Instagram https://www.instagram.com/zkalra/ Linkedin https://www.linkedin.com/in/zorawar-kalra-2051375/ Facebook https://www.facebook.com/zkalra/ #RiyaazAmlani: Founder & CEO - Impresario Entertainment and Hospitality Pvt. Ltd. Follow Riyaaz here: Twitter https://twitter.com/RiyaazAmlani Instagram https://www.instagram.com/riyaazamlani/ Linkedin https://www.linkedin.com/in/riyaaz-amlani-52193b1/ Facebook https://www.facebook.com/RiyaazAmlaniOfficial/ #PoojaDhingra: Founder & CEO of Le15 Patisserie, MasterChef India Judge, and Author Follow Pooja here: Twitter https://twitter.com/poojadhingraa/ Instagram https://www.instagram.com/poojadhingra/ Linkedin https://www.linkedin.com/in/poojadhingraa/ Facebook https://www.facebook.com/ChefPoojaDhingra/ Pooja’s Youtube Channel https://www.youtube.com/@poojajdhingra/ #FoodServices #Chef #Cooking #Restaurants #Cafes #Lounges #QSR #Business #Startups #Funding #Entrepreneurship #WTFiswithNikhilKamath #WTFisPodcast 00:00 - Intro 01:39 - Pooja's Childhood 04:11 - Why Pooja Quit Law School 08:09 - Early Hustle to Macaroon Fame 15:47 - Pooja’s World: Books, Masterchef, & Podcasts 16:53 - How Covid Changed Pooja 17:58 - Reason for Scarcity of Female Chefs 22:36 - Zorawar's Passion for Food 24:05 - Father-Son Dynamics: Jiggs Kalra's Legacy 36:58 - Zorawar's Personal life 38:09 - Riyaaz’s Karate-filled Childhood 39:50 - Regulations & Restaurants: Bottleneck 44:05 - Riyaaz's Personal Life and Parsi History 48:04 - Riyaaz & Music: DJ Days 49:35 - Story of Berry’s & Riyaaz's Upbringing 52:13 - Riyaaz Reveals Prithvi Cafe’s History 56:32 - Innovative Monetisation: Restaurant Hacks 01:01:12 - Role of Restaurants: The Bigger Picture 01:02:10 - Why Most Restaurants Fail 01:07:05 - India's Increasing Dine-Out Trend 01:08:32 - Premiumisation & Its Success 01:10:30 - SOCIAL's Product-Market Fit 01:11:30 - Ease of Credit & Cloud Kitchens 01:13:10 - Upsurge in Western Cuisine: Economics 01:16:20 - Using Data: Location & City Selection 01:21:25 - Real Estate & Rentals Dynamics 01:25:20 - Scaling Up & Valuation in Restaurants 01:28:48 - Evolution of Dessert Market: Trends 01:33:27 - QSR & India’s Consumption Future 01:34:50 - Riyaaz's Take on Cost of Goods 01:36:49 - Social Media & Marketing: Game Changers 01:40:23 - Nikhil's Investing Checklist & Food Culture 01:46:13 - Opportunity in Organised Space 01:57:20 - Premiumization Potential in Indian Market 02:00:45 - Why Celebrity Restaurants Fail 02:06:18 - Aggregator Dynamics: Commissions 02:13:30 - Aggregators and Restaurants 02:15:54 - Delivery Alternatives & Negotiations 02:18:42 - Delivery Cost Analysis & ONDC 02:22:05 - Cloud Kitchens: Do They Work? 02:23:33 - Cuisine Selection: Untold Hacks 02:27:50 - Cracking Supply Chain & Location 02:34:40 - Importance of Accounting: ERP & Software 02:40:00 - Art & Science of Menus 02:46:23 - AI & Tech in Food Biz 02:48:33 - Interior Design: How to Do It Right? 02:53:27 - Virality & UGC 02:56:50 - Supremacy of “Word of Mouth” 02:29:30 - Navigating Chef Relationships 03:02:35 - Hiring & Staff Retention 03:11:00 - Seasonal Shifts & Festivals’ Impact 03:16:20 - WTF Fund: 2nd Edition 03:19:40 - Blind Taste Game: Test the Experts! Subscribe 😊 |