In this conversation, William Steele discusses his journey from the restaurant industry to founding Supply Pay, a platform designed to address cash flow issues in cross-border trade, particularly in the perishable goods sector. He shares insights on the importance of community, the challenges of running a family business, and the future vision for Supply Pay. The discussion highlights the significance of relationships, leadership, and the human element in entrepreneurship, emphasizing the need for a purpose-driven culture in the restaurant industry.
00:00 Introduction to Supply Pay and Its Purpose
03:00 The Impact of Cross-Border Trade on Local Economy
05:56 William's Journey from Restaurant to Supply Pay
08:47 Building Supply Pay: The Story Behind the Business
11:56 Challenges and Opportunities in Cross-Border Transactions 14:50 The Importance of Community and Economic Growth
17:28 The Concept of Life Currency
18:50 Community and Family in the Restaurant Business
22:30 Challenges of Family Dynamics in Business
27:40 The Future of Supply Pay and Entrepreneurial Growth
31:38 Lessons from Influential Entrepreneurs
36:02 Creating a Purpose-Driven Culture in Restaurants
About us: Bob Lozano is the CEO of F&P Group, a company involved in restaurant management, commercial real estate, and digital marketing. Coming from a family of franchise owners, he's a passionate entrepreneur who builds successful businesses and creates positive company cultures. Bob is dedicated to exceeding expectations and making a positive impact.
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