Ep 5. Hanley's & Pasturebird
- TV-PG
- January 31, 2018
- 41 min
In season 3 episode 5 of Billion Dollar Buyer, hospitality mogul Tilman Fertitta visits two businesses in search of new products for his restaurants and hotels. The first business he visits is Hanley's, a family-owned company that produces specialty cocktail syrups. Fertitta is impressed by the quality of their products but is concerned about their production capabilities. He challenges them to improve their process and increase their output to meet the demands of his businesses.
Next, Fertitta visits Pasturebird, a farm that specializes in pasture-raised chickens. He tours the farm and learns about their commitment to sustainable and humane practices. Fertitta is impressed by the quality of their products and sees potential for a long-term partnership. However, he challenges them to streamline their operations and increase their production capabilities to meet the demands of his businesses.
Back at his office, Fertitta evaluates both businesses and decides to move forward with a partnership with Pasturebird. He negotiates a deal with the owners and agrees to purchase their chicken products for his restaurants and hotels.
Throughout the episode, Fertitta emphasizes the importance of quality and production capabilities in building successful partnerships. He urges the companies to think big and scale their businesses to meet the demands of the market. His tough critiques and honest feedback serve as valuable lessons for the aspiring entrepreneurs and demonstrate the high stakes of the business world.
Overall, Billion Dollar Buyer season 3 episode 5 showcases the importance of quality and scalability in building successful partnerships. The episode highlights two unique businesses and the challenges they face in meeting the demands of the market. Fertitta's tough critiques and valuable feedback serve as a reminder that success in the business world requires hard work, dedication, and a willingness to think big.