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Talk about a small business big idea -- you take one restaurant in Philadelphia and turn it into a multi million dollar operation will Stephen Starr.
The founder of star restaurant group has done just that he's got seventeen popular restaurant brands.
In Philadelphia at New York Atlantic City Fort Lauderdale.
And Miami -- cells of a 125 million dollars I was just last year what's he doing minister Stephen Starr joins me now an end.
Your restaurants are some of the hottest restaurants in the industry right now more remote so here in new York and Philadelphia Buddha -- Celeb central here in New York.
You how to create these concepts were -- -- -- -- Well you know it all began I think in my early days I was that.
I was in television when I was 1819 years old -- wanted to be a TV producer.
I wanted to be Lauren Michaels actually met him work out so I -- to the music business putting on shows.
And I was a pretty successful concert promoter during Madonna's first tour and things like that I think the the sense of theatrics help me.
Do things in the restaurant business that had not previously been done.
Do you think that's why Hollywood has responded you're the way they -- -- I mean and an even -- behind clientele that you're catering to.
Philly Miami New York I mean if you walk and it is restaurants I mean they're they're beautiful the spaces are.
Artistic creations of the food is great as well but it's seems like it's the experience that people are buying and I think.
It's it's of course it has to be the food but when I first started in and wanted to do to -- in New York.
I put a lot of time and and and energy into the design into the theater of it.
And I remember Steven Spielberg walked into -- kind.
One night and I sat next to -- talked to for a moment.
And he told me walking into the restaurant was like walking into a movie so that was like them the best compliment I could have ever gotten.
And I think that had something to do with a.
Obama -- has been in movies many of them in particular Sex and the City that for the first many of those -- featured prominently.
-- let's talk about what's next for you mean you've got these huge high end properties they're you're making money hand over fist do you want to expand a word you want to expand for this year.
We're looking to expand we just expended a little bit more in Philadelphia.
With two or three new concepts of a beer garden and a farm to table restaurant things more simple simple -- concepts.
And then in New York were about to announce next week to.
New restaurants that we're doing here smaller.
Them but it kinda more -- -- but equally is I think impressive.
In terms of its concept both.
From a design standpoint and Colin apparently.
What advice would you give to someone who wants to start their own business in -- may be -- restaurant maybe something else times have been very tough for a lot of folks.
A lot of them have dreams like you did when you're young what would you say that -- in terms of business or restaurant business either one.
In terms of the restaurant business I would be very very careful -- now because.
The economy is not great we we are feeling -- but we're surviving was just such an infrastructure.
We have such a customer base I'd be really careful the main thing I would suggest in any business just before you tackle the idea.
Is to really play devil's advocate with an idea rip it apart.
Figure out all the reasons why it stinks why it won't work instead of being idealistic and thinking you're a genius -- oh -- god everyone's gonna love this.
Think the opposite.
Go through that process and if you survive that process -- go forward with the idea.
What about financing a lot of young business owners out there are looking for financing it's tough to come buyer right now.
It's brutal to -- I mean even honest with all of our success.
We have a hard time getting financing the way we want to yeah.
Even you -- even me.
Stephen Starr can't get financing -- -- at all now.
But we have to do is be creative you know if you do things cheaper smarter and you have to be persuasive and selling.
Stephen Starr from Philadelphia of the world you you've been doing great camp until I -- we do next I can't wait either can wait to show you.
Now Republican -- Ted Stevens star of course that's our restaurant -- thank.
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