Chapter
The Importance of Adapting in Business
1:23:47 - 1:36:19 (12:32)
Chef and restaurateur Nick Kokonas highlights the importance of constantly reassessing and adapting business strategies, even during times of success. He also discusses the potential consequences of not having fiscal caution and intelligence during uncertain times.
Clips
In this podcast, restaurant owner Nick Kokonas emphasizes the importance of adaptation and iteration in the face of changing circumstances, particularly during the pandemic.
1:23:47 - 1:28:26 (04:38)
Summary
In this podcast, restaurant owner Nick Kokonas emphasizes the importance of adaptation and iteration in the face of changing circumstances, particularly during the pandemic. He discusses the need to assess and adjust offerings and practices to ensure business survival while remaining attuned to the evolving situation.
ChapterThe Importance of Adapting in Business
Episode#429: Nick Kokonas on Resurrecting Restaurants, Skin in the Game, and Investing
PodcastThe Tim Ferriss Show
In this podcast, the guest speaker discusses how the airline CEOs have no skin in the game, despite popular belief, and that they may only pretend to care about their businesses.
1:28:26 - 1:32:32 (04:06)
Summary
In this podcast, the guest speaker discusses how the airline CEOs have no skin in the game, despite popular belief, and that they may only pretend to care about their businesses. Additionally, he talks about the importance of having reserves during a crisis, and why bootstrapped individuals have an advantage here.
ChapterThe Importance of Adapting in Business
Episode#429: Nick Kokonas on Resurrecting Restaurants, Skin in the Game, and Investing
PodcastThe Tim Ferriss Show
In this podcast, the importance of running a fiscally cautious and intelligent company is discussed with examples such as Apple's slow product development cycle and Yelp's recent layoffs.
1:32:32 - 1:34:14 (01:41)
Summary
In this podcast, the importance of running a fiscally cautious and intelligent company is discussed with examples such as Apple's slow product development cycle and Yelp's recent layoffs.
ChapterThe Importance of Adapting in Business
Episode#429: Nick Kokonas on Resurrecting Restaurants, Skin in the Game, and Investing
PodcastThe Tim Ferriss Show
The Lambda School's education model allows students to pay tuition after getting a job, and its online format has adapted to include virtual community aspects.
1:34:15 - 1:36:19 (02:04)
Summary
The Lambda School's education model allows students to pay tuition after getting a job, and its online format has adapted to include virtual community aspects. The model has had success in comparison to traditional school models.