Chipotle of Sushi
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Shaan and his friends planned to create Sabi Sushi, a fast-casual sushi restaurant chain positioned as the "Chipotle of sushi." The concept was to replicate the assembly-line, customizable model that Subway uses for sandwiches and Chipotle uses for burritos, but applied to sushi.
Key Points:
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Business Model:
- Fast-casual sushi chain with customizable options
- Modeled after successful chains like Subway (sandwiches) and Chipotle (burritos)
- Apply the same assembly-line format to sushi
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Initial Funding:
- Won a business plan competition
- Received $25,000 in prize money
- Split between three co-founders (~$8,000 each to live on for a year)
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The Decision:
- Shaan chose this over a $120,000/year job
- Called it being "strategically broke" - money poor but time rich
- Committed to one year of living on minimal funds to pursue the idea
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His Father's Advice:
- His dad thought the sushi idea was "terrible" but encouraged him to do it anyway
- Reasoning: Shaan was "switched on" - energized, motivated, developing skills
- Key principle: "Sometimes life is about motion, not direction"
- Better to start paddling in the fog than wait for perfect clarity
- Once in motion, it's easier to change direction when you see a better path
02:43 - 04:05
Full video: 01:05:05SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.