In this episode, Pat and Tevo discuss the current state of the bar industry in Hoboken, exploring shifts in consumer behavior, the importance of signature dishes, and the challenges of cost management. They delve into innovative happy hour strategies, the impact of regulations on promotions, and the evolving drinking culture. Engaging with the audience for feedback and ideas is emphasized as a key component for bar owners to adapt and thrive in the changing landscape.
Chapters
00:00 Introduction to the Bar Industry Landscape
02:25 Shifts in Consumer Behavior and Spending
04:40 The Importance of Signature Menu Items
07:41 Pricing Strategies and Customer Expectations
10:13 Navigating Legal Restrictions in Promotions
12:55 Engaging Customers Through Unique Offers
15:55 Understanding Pricing Dynamics in the Bar Business
18:36 Creating an Elevated Bar Experience
21:36 Feedback and Future Directions for Bars
30:20 Understanding the Waiting Room Experience
36:20 The Changing Demographics of Hoboken
41:25 Adapting to Health Consciousness in Dining
44:30 Engaging with the Community for Better Experiences
51:23 The Social Aspect of Drinking
55:06 Navigating Alcohol Regulations in the Industry
In this conversation, Pat and Tevo discuss the evolution of the Sorry We're Closed brand, integrating it with the Light Group, and the dynamics of bar operations in Hoboken. They explore social media strategies, customer behavior, and sales trends, particularly focusing on the impact of events and nightlife culture on bar sales. The discussion highlights the importance of engaging customers and adapting to changing nightlife trends.
Chapters
00:00 Celebrating Five Years of Sorry We're Closed
01:46 Integrating Bars and Social Media Strategies
06:30 Analyzing Customer Behavior and Sales Trends
16:37 Exploring the Impact of Live Events on Sales Dynamics
40:00 Turning a Bar into a Restaurant
60:00 Charlie Sheen on Bars
The conversation explores Robinhood's new social media venture aimed at engaging everyday traders and integrating finance with social media. The hosts discuss the challenges and opportunities this presents, particularly in light of past events like the GameStop saga, which impacted Robinhood's reputation. They delve into user experience, liquidity concerns, and the generational shift in investing strategies, emphasizing the importance of financial literacy and adapting to a changing financial landscape.
Chapters
00:00 Robinhood's Entry into Social Media and Trading
02:44 The Future of Finance and Social Media Integration
05:28 User Experience and Engagement in Trading Platforms
08:16 The Challenges of Building a Financial Community
11:29 Liquidity and Safety Concerns in Trading
14:00 The GameStop Saga and Its Implications
17:12 The Evolution of Investment Strategies
19:49 The Disconnect Between Traditional and Modern Investing
28:49 The Impact of Events on Investment Perception
32:38 Understanding Robinhood's Role in Modern Investing
36:43 The Misconceptions Surrounding Robinhood
39:55 The Evolution of Investment Strategies
49:53 Navigating Capitalism in Today's Economy
In this conversation, Pat and Tevo discuss the recent decision by NFL Red Zone to introduce commercials, expressing their disappointment and nostalgia for the old ESPN. They explore the business implications of this change, viewer reactions, and the potential future of NFL Red Zone amidst the evolving landscape of sports broadcasting and advertising. The discussion also touches on the importance of audience retention and the impact of streaming wars on content quality.
Chapters
00:00 NFL Red Zone's New Commercials
02:49 Nostalgia for Old ESPN
05:36 The Business of NFL Red Zone
08:45 Viewer Reactions and Trends
11:20 The Future of NFL Red Zone
14:07 Advertising Strategies in Sports
16:39 The Impact of Streaming Wars
19:28 The Value of Audience Retention
22:18 Comparing Ad Models
25:03 The Role of Content Quality
27:55 Final Thoughts on NFL Red Zone
In this episode, Pat Light and Tevo discuss the return of college football, the competitive landscape of sports media, and the impact of personalities like Dave Portnoy on viewership. They explore the dynamics between College Game Day and Big Noon Kickoff, viewer trends, and the recent controversy surrounding Cracker Barrel's logo change. The conversation highlights the excitement of the upcoming season and the evolving nature of sports media.
Chapters
00:00 The Return of College Football
04:16 The Battle of College Football Shows
08:46 Dave Portnoy's Impact on Big Noon Kickoff
12:28 Ohio State's Controversy with Portnoy
16:25 The Future of College Football Broadcasting
27:05 The Appeal of Casual Sports Conversations
29:15 Viewer Statistics and Competition Analysis
31:57 Predictions for Big Noon Kickoff
35:09 The Impact of Game Selection on Viewership
37:20 The Business of College Football Shows
40:56 Cracker Barrel's Logo Controversy and Marketing Strategies
In this conversation, Pat Light and Tevo discuss the recent controversy surrounding Cracker Barrel's logo redesign, exploring the implications for the brand and its nostalgic value. They delve into the impact on the company's stock and the importance of customer experience. The discussion then shifts to Jake Paul, highlighting his marketing prowess and the upcoming fight against Tank Davis, examining the dynamics of boxing and entertainment in modern sports.
Chapters
00:00 Introduction and Technical Difficulties
01:59 Cracker Barrel Logo Controversy
10:18 Stock Market Reactions and Corporate Decisions
18:59 Aesthetic Changes and Customer Experience
24:59 Branding and Customer Experience
31:27 Business Strategy and Market Dynamics
39:38 The Jake Paul Phenomenon
55:13 Concluding Thoughts on Marketing and Engagement
In this episode, Pat and Tevo discuss their eventful weekend experiences, the impact of celebrity podcasts like New Heights with Taylor Swift, and delve into the recent media deals involving ESPN and the NFL. They explore the implications of these deals on the sports industry, particularly focusing on the UFC's transition to a streaming model with Paramount Plus. The conversation wraps up with predictions for an upcoming UFC fight and the importance of fan engagement in sports.
Chapters
00:00 Weekend Adventures and Reflections
11:21 The Impact of Celebrity Podcasts
22:24 ESPN and NFL Media Deal Insights
36:50 UFC's Streaming Revolution
55:57 Predictions and Fan Engagement
In this episode, Pat Light and Tevo discuss the evolution of their podcast as they go live on YouTube, emphasizing the importance of community building and engagement. They explore the restaurant industry's focus on value, innovative customer acquisition strategies, and the challenges of navigating social media. The conversation also delves into the impact of personal experiences on opinions, the future of mobile ordering in bars, and the potential for AI to revolutionize industries. Overall, the episode highlights the dynamic nature of business and the need for adaptability in a rapidly changing environment.
Chapters
00:00 Welcome to the Live Podcast Experience
02:34 Building Community Through Content
07:08 Value Over Discounts in the Restaurant Industry
12:17 Understanding Customer Acquisition Costs
20:11 Navigating Social Media Engagement and Accountability
27:16 Perception and Experience in Business Discussions
31:02 Understanding Customer Feedback and Pricing Challenges
33:26 The Rise of Mobile Ordering in Hospitality
38:27 Economic Factors Affecting Drinking Habits
51:27 Innovations in Mobile Ordering and Customer Experience
58:16 The Future of AI and Its Impact on the Workforce
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
In this episode, Pat Light and Tevo discuss the transition from summer to fall, touching on the challenges of the heat and the anticipation of cooler weather. They delve into the complexities of credit, particularly focusing on Bilt's business model and its relationship with Wells Fargo. The conversation shifts to the rise and fall of Hub's Life, exploring the pitfalls of influencer culture and the importance of authenticity in content creation. Finally, they navigate the intricacies of modern economics, discussing the challenges of inflation, trickle-down economics, and the importance of understanding financial narratives in today's world.
Chapters
00:00 Summer Reflections and Weather Patterns
04:20 Understanding the Bilt Credit Card
27:50 The Reality of Entrepreneurial Life and Social Media Influence
31:24 Navigating Content Creation and Authenticity
36:18 The Evolution of Influencer Brands
43:21 Relatable Questions in Media
48:25 Weeding Through Political Narratives
54:11 The Challenges of Modern Economics
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
In this episode, Pat Light and Tevo discuss the importance of gratitude amidst busy lives, reflect on personal milestones, and share insights on the impact of social media on business. They explore the relationship between reality shows and bar sales, and delve into the drinking trends of Gen Z, questioning whether they are truly drinking less or if it's a financial decision. The conversation highlights the evolving nature of bars as social platforms and the challenges faced by business owners in adapting to changing consumer behaviors.
Chapters
00:00 Gratitude in Busy Times
02:44 Navigating Business Hecticness
05:35 Reflections on Legends Lost
08:18 The Influence of Social Media
10:59 Marketing Strategies and Insights
27:26 Maximizing Revenue Through Marketing Strategies
29:56 The Impact of Viral Marketing on Engagement
31:22 Reality Shows as a Sales Driver for Bars
36:40 Navigating the Challenges of Reality Show Promotions
42:53 Gen Z's Drinking Habits and Bar Revenue Dynamics
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
the concept of "good debt" with a focus on real estate investments, challenging Dave Ramsey's traditional debt-avoidance approach. We debate that strategic debt can be a powerful tool for building wealth, using examples of Section 8 housing investments that generate positive cash flow. They demonstrate how purchasing properties with debt can lead to quick return on investment, with one example showing a $20,000 investment potentially returning money in just 2.7 years. The conversation emphasizes the importance of careful financial planning, understanding leverage, and making mathematically sound investment decisions.
0:00:00 Opening remarks about summer being over
0:01:51 Discussion of summer financial dynamics
0:07:24 Introduction of podcast topics
0:11:26 Explanation of good debt using real estate example
0:20:10 Credit card discussion
0:28:25 Rent vs. buy analysis
0:36:28 Detailed mortgage calculation breakdown
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
Summary
We threw a 30,000 person July 4th event. Here’s how we pulled it off.
Chapters
00:00 Introduction to the July 4th Event
02:15 The Planning and Execution of the Event
05:11 Success Metrics and Attendee Experience
07:56 Financial Breakdown and Sponsorship Insights
10:37 Long-Term Vision and Future Events
13:16 Challenges and Learning Experiences
16:05 Leveraging Media and Marketing Strategies
26:04 Navigating the Permit Process
26:54 Lessons Learned from the Event
28:08 Scaling Up: From 300 to 30,000
28:42 Planning for the Future: Bigger Acts Ahead
29:31 Creating Bucket List Experiences
31:11 Analyzing Event Success: Year-over-Year Growth
33:03 Hoboken's Summer Appeal
35:56 World Cup Strategies and Content Planning
39:00 Leveraging International Interest
42:35 Looking Ahead: Future Events and Community Engagement
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
In this episode, Pat Light and Tevo discuss various topics ranging from the viral $900 breakfast at Disneyland to the implications of AI in the job market. They explore the economics behind Disney's pricing strategies, the recent Travis Kelsey Pfizer deal, and the impact of AI on job displacement and marketing. The conversation highlights the need for financial planning and adaptation in a rapidly changing technological landscape.
Chapters
00:00 Introduction and July 4th Excitement
00:52 The $900 Disneyland Breakfast Controversy
05:22 Disney Adults and the Magic of Disney
10:18 Financial Implications of Disney Trips
17:22 Travis Kelsey's $20 Million Pfizer Deal
21:33 Health Ads and Pharmaceutical Marketing
23:58 The Health and Wellness Industry's Marketing Tactics
25:54 WhatsApp's Shift to In-App Advertising
30:21 The Impact of AI on Employment and Efficiency
36:05 AI in Advertising: The Future of Creative Work
47:15 The Future of AI Consulting and Business Opportunities
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
In this episode, Pat Light and Tevo discuss the planning and execution of a major July 4th event in Hoboken. They cover the logistics, expectations for attendance, and the selection of local bands and vendors for the event. The conversation highlights the importance of community engagement and the potential for the event to become a staple in Hoboken's summer activities.
Chapters
00:00 Welcome to Summer and Event Announcement
02:31 Planning the July 4th Event in Hoboken
05:21 Event Logistics and Setup
10:54 Community Impact and Expectations
16:24 Final Thoughts and Event Details
24:43 Supporting Small Businesses Through Community Events
30:09 The Importance of Local Bands and Entertainment
37:26 Balancing Costs and Event Success
41:13 Creating a Memorable Experience for Attendees
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
In this episode, Pat and Tevo discuss Meta's significant investment in AI, Travis Scott's viral meal collaboration with Raising Cane's, and Netflix's innovative pay-per-binge model. They explore the implications of these developments on marketing strategies and consumer behavior, emphasizing the importance of adapting to modern trends and the influence of celebrity endorsements in the fast food industry. In this conversation, the hosts delve into various topics surrounding AI, subscription models, and the future of content creation. They discuss the ethical implications of AI-generated content, particularly in personal contexts like wedding videos, and explore how AI is reshaping marketing and consumer behavior. The conversation also touches on Google's new AI concierge feature and its potential impact on local businesses.
Chapters
00:00 Meta's $15 Billion Superintelligence Play
09:07 Travis Scott's Viral Meal with Raising Cane's
21:55 Netflix's Pay-Per-Binge Model
30:03 Marketing Strategies in the Modern Age
30:10 Exploring Subscription Models and Consumer Behavior
31:02 AI in Wedding Videos: Ethics and Future Implications
34:36 The Role of AI in Content Creation and Marketing
38:56 The Soul of AI: Can Machines Create Meaning?
48:10 Google's AI Concierge: Revolutionizing Local Search
57:09 Preparing for the Biggest Event in Hoboken's History
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
Jam packed episode this week where Pat and Tevo cover ChatGPT's business growth, Bitcoin's potential value, Mr. Beast's YouTube success, and a high-profile feud between Elon Musk and Donald Trump. They discuss the economic implications of government spending, potential tax cuts, and the challenges of political negotiations. The hosts explore the luxury market through examples like a $33,000 cocktail at Poppy Steak and Rolex's price adjustments due to tariffs. The conversation culminates in a detailed breakdown of the Musk-Trump conflict, highlighting the complexities of political and business interactions.
0:00:00 - Intro0:02:04 - ChatGPT business users discussion0:12:21 - Bitcoin and cryptocurrency conversation0:25:04 - Mr. Beast subscriber milestone0:28:01 - $33,000 cocktail at Poppy Steak0:40:45 - Rolex sales experience and pricing0:46:19 - Elon Musk and Donald Trump feud begins1:06:36 - Political bill and tax cut negotiations
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
In this episode, Pat and Tevo discuss various topics including the buzz around Elon Musk's upcoming Robo Taxi announcement, the marketing battle between Gatorade and Prime, and the evolving landscape of college football and the NCAA. They explore how perception and marketing strategies impact consumer choices and the future of sports. They also explore the rise of AI influencers in the creator economy and the resurgence of 'The Office' on TikTok, examining how these trends affect marketing and viewer engagement.
Chapters
00:00 Introduction and Summer Kickoff
03:11 Elon Musk and the Robo Taxi Buzz
11:48 Gatorade vs. Prime: The Marketing Battle
28:49 The Future of College Football and NCAA Changes
32:07 The Return of NCAA Football
34:59 The Evolution of College Football and Its Impact
39:10 The Business of College Football
43:13 AI Influencers in the Creator Economy
52:15 The Office's Resurgence on TikTok
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
In this episode, Pat and Tevo discuss their weekend adventures in content creation, delve into the latest innovations in AI, particularly OpenAI's recent updates, and explore significant market moves including acquisitions of Apple's Lead Iphone Designer. They also reflect on investment strategies in the context of Bitcoin and AI, emphasizing the importance of long-term thinking in financial decisions. In this conversation, Pat and Tevo discuss the surprising viral resurgence of the All-American Rejects in the music scene. They explore how social media and unique performances can help reconnect artists with fans, while also delving into the business side of music, including streaming and marketing strategies. The discussion highlights the evolving landscape of the music industry and the potential for bands to engage with audiences in innovative ways.
Chapters
00:00 Weekend Adventures and Content Creation
02:51 AI Innovations and OpenAI's Impact
06:09 Acquisitions and Market Moves
09:12 GameStop's Resurgence and Meme Stocks
12:06 Investing in the Future: Bitcoin and AI
22:00 Reflections on Financial Strategies
24:55 Embracing Calculated Risks
25:52 Economic Policies and Tariffs
31:14 The All-American Rejects' Viral Comeback
39:00 Reconnecting with Fans through Unique Performances
49:12 The Business of Music and Streaming
56:33 Future Opportunities for Bands and Events
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
In this episode, Pat and Tevo discuss various topics ranging from the importance of marketing in business to the recent Starbucks strike over dress code policies. They delve into the current state of the economy, including inflation rates and market movements, while also addressing the political polarization surrounding economic discussions. The conversation highlights the challenges and opportunities faced by small businesses in a changing economic landscape. In this conversation, Pat and Tevo explore various pressing topics, including the implications of national debt on economic growth, the potential of brain-controlled technology, and the impact of AI on employment. They discuss Microsoft's recent job cuts in favor of AI development and delve into the burgeoning creator economy, highlighting how technology has democratized content creation. The conversation emphasizes the evolving landscape of work and the opportunities that arise from technological advancements.
Chapters
00:00 Introduction and Exciting Updates
03:42 Starbucks Strike: Dress Code Controversy
12:10 Market Movements and Economic Insights
22:43 Political Polarization and Economic Impacts
32:27 Navigating National Debt and Economic Growth
35:19 Innovations in Brain-Controlled Technology
39:18 The Future of AI and Human Integration
41:53 Microsoft's Job Cuts and AI's Impact on Employment
49:10 The Rise of the Creator Economy
01:00:41 The Evolution of Content Creation and Accessibility
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod
In this episode we discuss the competitive landscape between Google and Apple regarding AI innovations and the Innovators Dilemma. Is AI Killing Google Search? We also cover Disney's recent earnings surprise, and Nike's introduction of AI-designed sneakers. The conversation highlights the challenges and opportunities faced by these major companies in adapting to technological advancements and market demands. We also delve into the significant $350 million deal made by artist Zach Bryan for his music catalog, exploring the implications of such a move in the music industry.
Chapters
00:00 Welcome Back and Health Updates
04:22 AI in Podcasting and Content Creation
17:00 The Innovator's Dilemma: Google vs. Apple
24:11 Disney's Earnings Surprise and Future Prospects
28:42 Nike's AI-Designed Sneakers
29:10 The Rise of AI in Fashion
30:38 AI in Coffee: Starbucks' Innovative Drive-Thru
37:14 Zach Bryan's $350 Million Deal: A New Era in Music
55:49 The Future of AI: Transforming Industries
YouTube and Socials
https://mtr.bio/sorry-were-closed-Pod