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The Restaurant Prosperity Formula

The Restaurant Prosperity Formula

By: David Scott Peters
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About this listen

If you’re ready to stop being a prisoner in your restaurant and finally have the life you’ve been working for, you are in the right place. Podcast host David Scott Peters is a restaurant industry veteran and the original restaurant coach. He spent decades perfecting the systems that helped thousands of independent restaurants reclaim their profits and freedom. He created the Restaurant Prosperity Formula™, which includes a proprietary budgeting system, and it has the power to drive down restaurant owners' food and labor costs by an average of 23%. To learn more about David and his formula, visit www.davidscottpeters.com or pick up a copy of his book, "The Restaurant Prosperity Formula: What Successful Restaurateurs Do."© 2025 Take Action Enterprises, LLC. Economics Leadership Management Management & Leadership
Episodes
  • Restaurant Owners Share Their Struggles and How They Overcame Them
    Dec 10 2025

    You know things are bad in your restaurant when you’re so overwhelmed you forget to eat for three days and your debit card is declined at the gas pump. In this episode of “The Restaurant Prosperity Formula” podcast, I sit down with Kristi and Tracy Carter, owners of JAC’s Craft Smokehouse in West Monroe, Louisiana, to talk about how they went from that rock-bottom moment to running a profitable, values-driven barbecue restaurant with a management team that lets them travel without worrying. In our conversation, you’ll hear how they turned an award-winning sauce company into a full-service smokehouse, how they used systems to get out of survival mode, what changed when they finally embraced budgets and prime cost, how they rebuilt their marriage and work-life balance, and why they now feel confident opening a second concept. Tune in for a front-row seat to what it looks like when an operator fully commits to the Restaurant Prosperity Formula and uses leadership, systems, training, accountability and taking action to completely change their life.

    🖥️ Get My Latest Training Video: https://dsp.coach/training-opt-in

    👍 Book a Call ­– https://dsp.coach/podcast-ryan-call

    Sponsor – Service with Style: www.servicewithstyle.com/dsp

    Visit my website for more information about my restaurant coaching program: https://www.davidscottpeters.com

    Show More Show Less
    52 mins
  • Why Every Restaurant Needs to Think Like a Media Company
    Nov 26 2025

    If you’ve ever felt like you’re doing everything “right” in your restaurant and still not getting the results you want, this podcat episode is for you. In this conversation with restaurant pro and digital media legend Shawn P. Walchef of Cali BBQ and Cali BBQ Media, we dig into why “build it and they will come” is a lie, why no one is coming to save your restaurant, and why that’s actually great news. Walchef shares how he went from struggling with a bad location during the 2008 economic collapse to building a thriving restaurant and media company telling his story online. In this episode of “The Restaurant Prosperity” podcast, you’ll hear why every restaurant needs to think like a media company, what kind of stories really move the needle, how consistency beats perfection, why trolls and criticism are a sign you’re on the right track, and how using simple tools you already have can change your business, your brand and even your legacy.

    🖥️ Get My Latest Training Video: https://dsp.coach/training-opt-in

    👍 Book a Call ­– https://dsp.coach/podcast-ryan-call

    Sponsor – Service with Style: www.servicewithstyle.com/dsp

    Visit my website for more information about my restaurant coaching program: https://www.davidscottpeters.com

    Find Shawn P. Walchef on social media platforms: @shawpwalchef

    Show More Show Less
    48 mins
  • Why You Must Decide to Lead Your Restaurant
    Nov 12 2025

    I open this episode with a challenge: What if the difference between feeling chained to your restaurant and finally running it on your terms comes down to five leadership habits you can choose — every single day? In Episode 137 of the “Restaurant Prosperity Formula Podcast,” I dig into how visibility, consistency, development, clarity, accountability, passion, persistence, communication and action show up in thriving operations. You’ll hear real stories from owners who turned corners by documenting standards, steering with numbers, coaching their people and implementing systems that stick. If you’re wondering what leadership actually looks like in the trenches — and what you can expect when you commit to it — this one’s for you.

    🖥️ Get My Latest Training Video: https://dsp.coach/training-opt-in

    👍 Book a Call ­– https://dsp.coach/podcast-ryan-call

    Sponsor – Service with Style: www.servicewithstyle.com/dsp

    Visit my website for more information about my restaurant coaching program: https://www.davidscottpeters.com

    Show More Show Less
    17 mins
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