In this insightful episode, we sit down with Vikram Kamat, the third-generation entrepreneur behind the VITSKamats Group. Vikram shares his unique journey of balancing the legacy of his family's South Indian cuisine with modern business strategies. He discusses the challenges and advantages of being born into a legacy business, the importance of financial prudence in hospitality, and how he reimagined the family business to embrace innovative concepts like cloud kitchens and healthy food alternatives. Vikram also delves into leadership lessons, his focus on people management and finance, and his passion for continuous learning. Whether you're interested in entrepreneurship, hospitality, or just love a good success story, this episode is packed with valuable insights and inspiration. 00:00 Highlights of the Episode 01:37 Introduction to the Guest and His Legacy 02:05 Third Generation Entrepreneurial Challenges 03:44 Personal Preferences in Hospitality 04:40 Innovations in the Restaurant Industry 09:44 Training and Team Management 17:45 Earn While You Learn Program 20:53 Views on Diversity and Inclusion 22:31 Failures and Lessons in Business 30:46 International Ventures and Shiny Object Syndrome 33:19 International Business Insights 33:54 Advice for Expanding Hospitality Brands Globally 36:39 The Role of Technology in Hospitality 41:12 Balancing Personal Hobbies and Business 43:50 The Value of Self-Education 49:24 Future Growth and Business Strategies 52:34 Tips for Starting a Restaurant Business 56:19 Rapid Fire