Eleven Madison Park was crowned the Best Restaurant in the World in 2017. They are the epitome of hospitality, having earned four stars from the New York Times Review and three stars from the Michelin Guide. Today, when the restaurant opens its reservations on the first day of each month, they are typically fully booked within minutes.
To be absolutely honest I hesitated to include this case under the ‘Capital Cycle’ concept. It would be more accurate to call this a ‘credit cycle’ (because isn’t that what recessions are?)
I welcome your thoughts, and may recategorise this if enough people chime in.
Really enjoyed this one. When faced with challenges it can be easy to feel like there’s basically no room for creative maneuvering (or the challenge is so exhausting that there’s no energy left for it). Always inspiring to read about how it’s not only possible, but necessary to keep that creative energy and forward momentum