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The Lean Restaurant Jeff Engler ScoreNYC February 26, 2011

The Lean Restaurant

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This presentation discusses presents an approach to applying the lean startup methodology to restaurants.

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Page 1: The Lean Restaurant

The Lean Restaurant

Jeff Engler

ScoreNYC

February 26, 2011

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90%(of restaurants fail)

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Ok, it’s really 60%

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But that’s still WAY too high

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How to open a restaurant, cheap and

reliable

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THE LEAN RESTAURANT

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The bloated way

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Too much $$$ for too little success

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The lean way

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Start todayBe flexible

Conserve cashGrow slowly

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1) Talk to customers

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1) Talk to customers2) What they want

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1) Talk to customers2) What they want

a) 5 assumptions

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1) Talk to customers2) What they want

a) 5 assumptionsb) a/b testing

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1) Talk to customers2) What they want

a) 5 assumptionsb) a/b testingc) 5 whys

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1) Talk to customers2) What they want3) Measure progress

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What’s changed?

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1) Distribution

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1) Distribution2) Advertising

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1) Distribution(farmers markets, food trucks, incubators, commercial kitchens)

2) Advertising(yelp, twitter)

3) Testing(survey monkey)

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Recap

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THE LEAN RESTAURANT

1) Talk to customers2) What they want3) Measure progress