Billion Dollar Buyer Season 2 Episode 4 Maybe You Should Stay A Small Business
- December 13, 2016
- 40 min
Billion Dollar Buyer follows the journey of Tilman Fertitta, a self-made Houston billionaire who owns the Landry's restaurant empire which includes over 600 properties. In this episode, titled "Maybe You Should Stay A Small Business," Tilman Fertitta is looking for the best small businesses to add to his vast restaurant portfolio.
The first company is a spice blend company that specializes in creating unique and flavorful mixes. Their products have the potential to elevate any dish, but they're struggling to get their products in front of the right audience. Tilman is intrigued by their offerings and wants to help them grow their business. However, there's a catch. They're currently producing their blends in a rented kitchen and don't have their own space. Tilman believes that if they want to really grow their business, they need to invest in a commercial kitchen. Will the spice blend company take the risk and make the investment they need to expand?
The second business is a company that makes organic bone broth. The founder has a personal connection to the product, as it helped her through her own health issues. The bone broth is already being sold in many health food stores, but they're barely breaking even. Tilman sees the potential in this product, but he's not convinced that the founder has enough business acumen to make it a success. Will the founder be able to convince Tilman that her passion for the product is enough to drive the business forward?
Finally, Tilman meets with a company that produces high-end jams and jellies. They have a unique approach to their flavors, with ingredients like habanero peppers and rose petals, and the jams are packaged in beautiful, reusable glass jars. The founder is passionate about sustainability and has plans to expand the business in a way that's environmentally friendly. However, the company is still in its early stages and has a lot to learn about scaling. Will Tilman see the potential in this young company?
Throughout the episode, Tilman meets with each business owner and puts them through a series of tests to see if they have what it takes to succeed. These tests include a taste test and a sales pitch to some of Tilman's top executives. The business owners are given honest feedback and advice on how to improve their products and grow their businesses.
Overall, "Maybe You Should Stay A Small Business" is an episode that highlights the struggles and opportunities that come with being a small business owner. Tilman Fertitta is looking for potential winners to join his portfolio, but he's also looking for businesses that have a strong vision for their future. Through his guidance and mentorship, the business owners are given the tools they need to take their companies to the next level.