What Red Lobster Did Wrong and How You Can Avoid It

***FIVE MINUTE FRIDAY***  To kick off our summer special series, I’m unpacking Red Lobster's downfall and what it takes to avoid becoming part of the 91% of businesses that fail.  This episode dives into the real reasons behind Red Lobster's bankruptcy filing. Forget the media frenzy about "too much shrimp"! We uncover the decade-long mismanagement, ownership changes, and lack of innovation that crippled this seafood giant.  Entrepreneurs, listen up! This is a cautionary tale with valuable lessons. We'll discuss the dangers of blind spots, the importance of strategic partnerships, and why innovation is key to survival.  Chapters: 00:00 - Introduction 01:48 - Red Lobster Bankruptcy: The Headline 02:06 - Red Lobster Bankruptcy: The History 03:38 - Red Lobster Bankruptcy: The Mismanagement 03:43 - Red Lobster Bankruptcy: The Ownership Changes 05:56 - Red Lobster Bankruptcy: The Real Reason Connect with us on social media to stay updated on upcoming episodes and exclusive content! Subscribe To The Podcast Here: Apple Podcasts Spotify YouTube Connect With Me: Facebook Instagram LinkedIn TikTok For further business training opportunities visit Founders Organization: https://foundersorganization.com/event/ Order My #1 Bestselling Book “WEALTH HABITS” Here: https://www.candyvalentino.com/book Learn more about your ad choices. Visit podcastchoices.com/adchoices

Om Podcasten

Candy Valentino has been scaling businesses before she could legally drink! Join her every Monday as she talks about wealth habits, business models, profit plans, real estate investing, and much more. Listen and learn as Candy talks to some of the most successful minds in the world like Tony Robbins, Daymond John, Ed Mylett and Amy Lacey. Hear lessons directly from Candy leveraging her 25 years of knowledge and experience. Why focus on becoming rich when the true goal is to become wealthy? And not just with your finances! It doesn't matter if you belong to Generation X, Y or Z. The Candy Valentino Show is for you! Let's start investing. For more, follow Candy @candyvalentino on all social media platforms and subscribe to her channel on YouTube to watch your favorite episode.