The hottest Restaurant Industry Substack posts right now

And their main takeaways
Category
Top Food & Drink Topics
Kevin’s Rackhouse Ramblings 3 HN points 07 Mar 24
  1. Dynamic pricing worked for Uber because it's a system where demand and supply can be influenced economically, leading to a surplus of trips and a big economic win.
  2. Fast food like Wendy's operates in a non-stochastic system, making the effectiveness of dynamic pricing more limited compared to a system like Uber's.
  3. Implementing dynamic pricing at Wendy's could help shape consumer behavior, improve operational efficiency, and line up customer demand with employee staffing, but may not have the same revolutionary impact as it did for Uber.
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Penelope Trunk's Substack 0 implied HN points 17 Feb 23
  1. Entrepreneurship requires a certain level of 'craziness' due to its challenging nature with low success rates.
  2. Market research for business ideas should involve practical testing rather than just theoretical surveys, like setting up a pop-up business.
  3. Observing real-life needs and gaps in services can lead to innovative business ideas, like the need for more dog training services in Boston.