#63: Machine vs Human: Who Predicts Restaurant Sales Better
January 11, 2023 by David Scott Peters
When I first started developing operational systems in restaurants, I relied heavily on spreadsheets. Excel was revolutionary, and I pushed that program to the max. Spreadsheets were the best way to organize the systems, track numbers, track inventory and do all kinds of operational tasks in the restaurant. But they were dangerous because you could end up with duplicate copies, lost data, corrupt files, etc. So when technology came into the restaurant picture, I quickly adapted my methods and systems into technology – I even developed a restaurant management software!
Now we have AI – the machines are doing some incredible work for restaurant owners and making sorting restaurant data so much more efficient.
In this episode of my podcast, The Restaurant Prosperity Formula, I want to introduce you to Branden McRill, the co-founder of 5-Out, a forecasting tool for restaurants. Branden initially made his way into the restaurant business at age 15 parking cars and washing dishes. Now, he owns and operates three restaurants in Philadelphia to include a QSR burger restaurant, an American Beer Hall and a fine dining restaurant.
As two data wonks, Branden and I have a discussion that will help you understand all the factors that predict your restaurant’s sales.
Tune into this episode to hear Branden’s journey in the restaurant industry. and how he came to be a developer of an AI tool for restaurants, providing them with information to protect their business and maximize it at the same time.
Learn the 3 principles the most successful restaurant owners follow and how you can learn to follow them, too: https://dsp.coach/principlesx3
Sponsor – Repeat Returns: http://repeatreturns.com/dsp
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