Tue, 15 August 2017
Matt Bodnar is a partner at early stage investment firm Fresh Hospitality, who are on a mission to help entrepreneurs grow by providing financial and intellectual capital to growing businesses in the food service value chain. He’s also the creator and host of The Science of Success podcast, which is focused on improving decision-making and understanding psychology.
Matt’s work earned him a spot on the Forbes “30 Under 30”, called a “Rising Restaurateur Star” by the National Restaurant Association, and labeled a “Strategy Pro” by Restaurant Hospitality Magazine.
In This Interview I Ask:
Value Added Investors
There are two fundamental investment strategies:
Fresh Hospitality doesn’t invest in companies hoping to discover a gem that increases in value – they go in every single day to add as much value to that investment as possible.
They do still want to invest in companies with a lot of potential, so they heavily consider the Founder and how the brand is positioned in the marketplace.
Investing in Systems, Processes, and Technology
Restaurants are a fairly complex and low-margin business, so you have to have really good systems and processes in place. Fresh Hospitality specializes in implementing effective systems and process to add value to their investments, and that’s one of the keys to their success in the industry.
The result is complete visibility in operations and minute control over costs.
How High Achievers Learn to Leverage Time
At some point, there’s a hard limit on the amount of time you can work. Bill Gates, Warren Buffett, and other high achievers are more high leverage in how they use their time than most other people.
They can produce exponentially larger results than most people, in the same amount of time… but how?
If you want to start leveraging your time more effectively, head over to successpodcast.com/better to pick up Matt’s “4 Steps to Making Better Decisions” guide.