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Monday Morning Memo

50,000 new restaurants open in the United States each year. Most of them are out-of-business a few years later. David Page can tell you why they close, how they could have avoided it, and how you can profit from this knowledge, regardless of the business you are in. David is a two-time Emmy winner and the creator of Diners, Drive-Ins and Dives on the Food Network, as well as an expert on American entrepreneurship, culture, and cuisine. Join us at the table as roving reporter Rotbart and David Page share a feast of ideas, explanations, and secrets for small business owners. Bon Appétit!

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Random Quote:

“Ms. Papacharissi said that in her 20 years of researching and interviewing people about online behavior, one conclusion has remained consistent: people use the internet to get more of what they do not get enough of in everyday life. So while people have been socialized to resist being impulsive in the real world, on the internet they cave to their temptations to lash out. ‘The internet becomes an easy outlet for us to shout something and feel for a moment fulfilled even though we’re really just shouting out into the air,’ she said.”

- Brian X. Chen, New York Times, Aug. 8, 2018, speaking of Zizi Papacharissi, a professor of communication at the University of Illinois-Chicago

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