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Entrepreneurial Lessons from the Cannabis Industry: Eli Foster’s Path from Restaurants to Edibles
Manage episode 450157120 series 3579941
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In this episode of The Sovereign Entrepreneur, we dive into the unique journey of Eli Foster, an ambitious entrepreneur who transformed his early experiences in the restaurant world into a thriving career in the cannabis industry.
From his start at Shake Shack to launching his own cannabis edibles brand, Taste Buds, Eli shares the entrepreneurial lessons that fueled his shift from managing kitchens to navigating the rapidly evolving world of cannabis.
Join us as Eli candidly recounts his path, from the Wild West days of cannabis delivery to pioneering high-quality edibles, offering insights into the grit, timing, and innovation essential for success in a dynamic industry.
IN THIS EPISODE YOU'LL LEARN:
00:00:00 Introduction and Eli Foster's Background
00:06:29 Origin of the Cannabis Business Decision
00:12:34 Starting a Business in Grand Junction
00:19:19 Transitioning into Cannabis Industry
00:25:11 The Journey to Opening a New Restaurant Concept
00:31:13 Overcoming Fear in Entrepreneurship
00:37:10 Financial Pressures of Running a Business
00:43:25 The Concept of Piranha Pats
00:49:33 The Importance of Owning Business Real Estate
00:56:01 Tour of Flanigan Foster Restaurant Empire
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