Episode 89: How to Become Really Good from the Founder of San Francisco’s Leading Restaurant Group with David Steele
Synopsis
Episode 89. It’s hard to create one successful business, but if you can take what you learn from doing one thing and apply it to another the opportunities are endless. They key: getting really good at one thing.
In this episode of the Lifetime at Work Podcast, host Greg Martin interviews David Steele, a successful restaurateur and founder of One Wealth Advisors. They discuss David's journey from working in the restaurant industry during high school to founding a highly successful restaurant group in San Francisco and a thriving financial planning practice.
Key topics include his love for hospitality, the transition to wealth management, building successful businesses through systematic processes, and career advice for young professionals. David also shares insights on the evolution of the restaurant industry, the impact of the Me Too movement, and the role of technology and AI.
Additionally, David talks about his involvement in other entrepreneurial ventures, including a restaurant company in New York, a rock and roll band management company, and a yoga studio.
00:00 Introduction to the Podcast
00:23 Meet David Steele: Restaurateur and Financial Planner
01:16 David's Journey: From Restaurants to Wall Street
02:55 The Allure of the Restaurant Industry
05:15 Hospitality in Finance: A Unique Perspective
07:01 Starting Flour + Water: Challenges and Successes
12:16 Universal Business Principles for Success
16:21 David's Diverse Ventures and Board Roles
18:00 Building Systematic Processes for Success
30:23 Empowering Teams and Delegation
31:44 The Evolving Restaurant Industry
35:20 Final Thoughts and Contact Information
Background and Key Links
David Steele is the founder of Flour & Water Hospitality Group, a San Francisco-based restaurant group known for concepts such as Flour & Water, Penny Roma, and Flour & Water Pizzeria. He is also the founder of One Wealth Advisors, an independent wealth management firm serving individuals, families, and business owners across the United States.
David’s career spans finance and hospitality, with leadership experience in building both a successful restaurant group and a registered investment advisory firm. He continues to actively oversee growth initiatives across both businesses.
Find David Steele on LinkedIn and visit One Wealth Advisors and Flour & Water Hospitality Group to learn more.