Danny Meyer Says Regulation Is Part of the Game

The video discusses the evolution of a business from its inception in 1985 with the Union Square Cafe to launching five new businesses in 2017. It highlights the significant changes in the food industry, including the rise of foodies and the validation of hospitality as a career path. The speaker addresses challenges faced by small businesses, such as complex regulations and access to capital and skilled labor, emphasizing the importance of adapting to these challenges rather than complaining.

What does the speaker suggest is a necessary condition for creating a successful food business?

In what way does the speaker compare the challenges of business to surfing?