#37 Most Restaurants Fail. My Bro Talks Street Cred On How To Succeed

Wasup y'all, Man we had some fun on this episode! We had my brother, the restaurant HUSTLER Mutaz, on, along with the crazy, wacky, offensive and gotta-love-him comedian Noshod Barrow on. We started out talm'bout the markets - how's it possible that earnings for some companies -- like Apple, FedEx, are actually going DOWN, yet the stock market's going UP?! We then discuss Trump nominating a pizza chain CEO to the Fed board, and how maybe that's a good thing for investors, even though the dude's unqualified!  Finally, we asked my bro - how did he succeed in the restaurant bidness? What are some of his secrets to makin money in restaurants? And what's the craziest thing that's ever happened to him as a restaurant owner? (HINT: he almost burnt down a train station) Enjoy the episode! Thanks for tuning in!5:40 Markets 5:40 Markets   11:02 Fed Reserve Bank Propping up Market - they are like the captain of the titanic   12:50 Noshod question about Federal Reserve messing up economy   15:24 Federal Reserve Bank   15:55 Noshod qualifications for Fed  19:17 Could a chair run as governor of Virginia?   19:35 Herman Cain   22:14 Is Donald Trump a time traveler?   27:40 Mexican border shutdown   29:00 Brilliance of Trump: creates problem, presents solution   32:54 Trump cancels border shutdown to improve stock markets   34:35 Mutaz teaching us the restaurant business   36:17 Mutaz: "it ain't that glamorous"   40:46 Noshod’s restaurant idea - kick ass drive-thru   42:03 Amer asks Mutaz would you advise someone to open a “different” restaurant   45:24 “Love what you do” - Mutaz. Businesses fail b/c lack of knowledge of funding, management, customer service   48:03 Funny story of Mezza burning down   52:51 Logistics of restaurant business   57:22 Marketing food service establishments is important   1:01:23 When to close down a restaurant?   1:05:40 Tricks to make restaurant successful: Dad saying buy own produce from the “Farmers markets on steroids”   1:07:46 Cutting out middle man for produce to save money   1:09:44 How much to make price of food based on costs?   1:11:29 Economy slowing down - evidence? Retail rents going down   1:11:55 Uber Will go public at $100B valuation   1:16:20 Uber transformed transportation   1:17:40 Accents of Uber drivers and self driving cars   1:20:13 Amer doesn’t recommend buying Uber or Lyft   1:20:46 60/20/20 Rule   1:21:21 Are we in a time that is almost impossible to bring down America? Visit the BNOS PODCAST: https://itunes.apple.com/us/podcast/business-news-and-other-%24/id1438358922?mt=2  Visit the BNOS Blog: Coming soon! Like BNOS on Facebook: https://www.facebook.com/businessnewsandothershit Follow BNOS on Twitter: https://twitter.com/theAmerAbdullah Follow BNOS on Instagram: https://www.instagram.com/theAmerAbdullah Subscribe on Youtube: https://www.youtube.com/channel/UCUV4hDV5i4o0wHHydh6RcCA