When you tune in to Out to Lunch, you'll find economist and Tulane finance professor Peter Ricchiuti conducting business New Orleans style: over lunch at Commander's Palace restaurant.More from Out to Lunch »
This edition of Out to Lunch is a fascinating view of New Orleans business that looks at the past, present and future of the city and surrounding economies with unusual insight. Host Peter Ricchiuti is joined by Phyllis Jordan and Wes Palmisano.
If somebody walks up to you on Bourbon Street and says "I bet I know where you got them shoes," you've got a pretty good idea of how he's making a living. There's a phrase you hear even more often. It's, "Brought to you by." As in, "Today's show is brought to you by..." Like the "shoes on Bourbon Street", "brought to you by" is a phrase about revenue. You hear it on public radio. Including this show. But do you know what it means? Do you know the difference between public and commercial radio?
Over the past few years you've probably been hearing the word "entrepreneur" a lot around New Orleans. As business incubators like The Idea Village grow, and we hear success stories about all kinds of wildly imaginative local startups, you might wonder how someone gets to be an entrepreneur. Maybe you have a great idea for a business. Have you ever wondered how you get to be one of the hip crowd hanging out at coffee shops talking about your business plan? Do you even know what a business plan looks like?
When you look back at the human form – at Venus de Milo from 100 BC, or Michelangelo's David from the 1500's – the ideal human body hasn't changed much at all. But with the advent of progress like the automobile, and the ability to gather food while sitting in an automobile, retaining our ideal body shape has led to all kinds of creative ideas. This episode of Out to Lunch owes as much to Sesame Street as it does to Wall Street. Brought to us by the color orange, it's a look at New Orleans business from Orange Theory to orange orchards.
One of our favorite foods here in Louisiana is raw oysters. Oysters are also the favorite place to hang out for a couple of bacteria that are very unfriendly to human beings. Notwithstanding, few people in Louisiana has gotten sick from a raw oyster in some time. The reason for that is a company called AmeriPure. AmeriPure kills the bad bacteria in oysters without affecting the oyster's taste. Plus, salad dressings and Spotify.
It used to be that a single income could support a family — including owning a home. After 35 years of employment you could retire from the same company you'd been at all that time, with a pension. Times sure have changed. Now most of us need a savvy work and personal strategy just to navigate our way into the middle class. Peter Ricchiuti's guests on Out to Lunch today are all about helping you find ways to achieve the American dream — and hold onto it.
New businesses are springing up in New Orleans all the time. Some of them you may not have heard of. Others you can't miss. We talk with MHM Urgent Care, an Infusion Therapist, and an alcohol delivery service!