headshot-of-larry-reinstein
 
Larry Reinstein
Founder, LJR Hospitality Group
Read profile
 
June 7,  2019
 
Helen Jane Hearn, Sr. Director of Content for the National Restaurant Association steps in for Host Jerry White in this episode of the Fast Casual Insider. In a conversation recorded at the 2019 National Restaurant Association Show, Helen sits down with Larry Reinstein, founder of the LJR Hospitality Group to discuss Larry’s experience growing up in the restaurant industry, getting into consulting despite a lack of love for restaurant consultants and his best advice when it comes to raising capital. 
 
  • [00:58] - Growing up in the restaurant business
  • [02:20] - Where are you going and how do you get there
  • [03:06] - Confronting uncomfortable truths
  • [04:43] - When funding comes into play
  • [09:18] - The qualities of a good franchisee
  • [10:14] - The right time to bring in equity
  • [12:18] - Basic criteria for founders to consider before seeking capital
  • [14:22] - Larry's sweet spot is strategy
  • [16:08] - A typical consulting engagement
  • [17:17] - What's on Larry's bookshelf
  • [18:15] - Must see at the National Restaurant Association Show
  • [19:44] - Greatest consulting successes
  • [21:06] - Working with emotions and teams

Larry Reinstein is an industry veteran with a proven track record in growing successful brands. As president of LJR Hospitality Ventures, Mr. Reinstein now offers strategic counsel to his clients utilizing over 30 years of experience as a restaurant company owner, professional manager and industry consultant. He is a past chair of the National Restaurant Association Fast Casual Industry Council.

Our host, Jerry White, has worked in operations, in foodservice distribution, and then in media sales, holding top sales and management positions with several leading food media companies during the past 35+ years. Jerry joined the team at Plate magazine in early 2010 as associate publisher, and continues in that role providing solutions and opportunities for manufacturers and organizations as they anticipate tomorrow’s industry challenges.

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Episode produced by Dante32.