Restaurant Economics & Market Shifts in Mumbai | Dr. Vikram Kamat | KamKamats Legacy | Ashish Airon

Description
Dive into the insightful journey of Vikram, a restaurateur who started from scratch and scaled his business by adapting to changing market dynamics. In this episode of the BlitzBusiness Indian Podcast, we explore:

The evolution of restaurant economics.
The challenges posed by high rental costs in Mumbai.
The shift from casual dining to premium fine dining.
Key trends in office and retail rental markets.
Whether you're an aspiring entrepreneur or a seasoned business owner, this video offers valuable lessons on overcoming challenges and staying relevant in a competitive industry.

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Key Highlights
[0:00 - 1:30]: Vikram's journey: From manager to owner and the evolution of leadership.
[1:31 - 2:45]: Changing employment trends and employee perceptions over generations.
[2:46 - 4:00]: Adapting to market changes: From casual dining to premium fine dining.
[4:01 - 5:20]: Impact of Mumbai's high rental costs on business strategies.
[5:21 - 6:30]: Challenges in running a restaurant: Self-improvement as the key to success.
[6:31 - 7:45]: The economics of bars vs. traditional restaurants.
[7:46 - 8:07]: Market shifts and the importance of adaptability in the restaurant industry.

Timestamps
0:00 - Intro
0:30 - Vikram's Journey: From Manager to Owner
2:00 - Generational Changes in Employment
3:15 - Adapting Business Models: Fine Dining Trends
4:30 - Impact of Rentals on Restaurants
6:00 - Challenges in Restaurant Management
7:15 - Bars vs. Restaurants: Revenue Insights
8:07 - Outro

#BusinessPodcast #RestaurantEconomics #MumbaiRentals #Entrepreneurship #FineDining #MarketTrends #BlitzBusiness #IndianEntrepreneurs #RestaurantManagement #adapttochange

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