STPI 003: Yuen Yung – CEO of “How Do You Roll?” Sushi




Shark Tank Podcast show

Summary: Next up on the Shark Tank Podcast ... - How Do YOU Roll??   There has only been a Million-Dollar offer in the tank 1 time before Yuen & Peter Yung showed up...and thanks to them we have seen our first million dollar deal handshake on the show.  And its for...sushi?? I caught up with Yuen for a few minutes to discuss this deal in greater detail, where he spent all that money, and get his thoughts on what happened in the tank.  A lot of great nuggets in here and I hope you enjoy it. In this episode you will hear: What the SHARK TANK effect has done to "How Do You Roll" (A hint - the sales are up as high as 300%) Why Yuen wasn't expecting to get a deal when he jumped in the tank. How filming the show is  akin to an audition or "reality TV" with eliminations as they go. Why "How Do You Roll" is perfect for Sushi Snobs, Noobs, and all of us in between. Why it makes sense to have Franchisee's buy more than one store. Why Yuen turned down an offer that would have put almost 5 million (before sending a check to Obama) in his pocket.  Could you turn down a check like that? A breakdown of what Yuen plans to do with the million dollars he receives (which you didn't hear on the show) Why Yuen was willing to do a deal with a valuation near half of where they started when they entered the tank. Drumroll....what its like working with Mr. Wonderful (Or The Undertaker, as the other sharks call him) A clear example of how Reality TV (Even when its as good as Shark Tank) is all about misdirection. We didn't get to see Yuen's "Magic Mike Moment" when Barbara told him he was too "buttoned-up" The response to Daymond claiming he isn't selling the food products that have the highest margins. The challenge of selling high quality fresh seafood vs. burgers, salads,  and french fries, etc. Elaboration on the real estate challenges we heard about on the show. What we should expect to see from "How Do You Roll" in the future. Yuen's recommendation for my first visit to the restaurant Success begets success Fail Often, Fail Fast, & Learn Quickly from It. Plus a whole lot more... Right click here if you would like to download the MP3 Useful links from this Podcast: Find a 'How Do You Roll' location near you  Click here to subscribe to the podcast in iTunes. Click here to join the 'Fans of Shark Tank  & ST Podcast' LinkedIn page. The podcast recap for this show will be up soon as well as my visit to the store, some pics, and a review.  Check back soon!! Thank you for checking out the Shark Tank Podcast.  Hopefully you get a feel for how much I love the show and sharing this medium with fellow fans. I welcome your feedback and comments.   If your feedback is brutal  please use the contact form to shoot me a note. Until Next Time... TJ Hear The Good Stuff As Soon As It Drops!