This week, Ira spoke with Tilman Fertitta, author of the new book, SHUT UP AND LISTEN: Hard Business Truths That Will Help You Succeed. In this 30-minute episode of Talk About Las Vegas, Fertitta talks about his elementary, but sophisticated approach to business success; his “Tilmanisms” for competing and winning; his realization that there are no spare customers; how he grew from a $6,000 loan to a $5 billion business; why it’s important to build a culture as well as a team; and why you must have passion and drive and never give up.
Fertitta is a Houston Native, accomplished businessman, and recognized as a world leader in the dining hospitality, entertainment and gaming industries, and is often referred to as, “the world’s richest restauranteur.” He is also the sole owner of Fertitta Entertainment, which owns the restaurant giant Landry’s, Five Golden Nugget Casinos and Hotels, and the NBA’s Houston Rockets, which he purchased for a record $2.2 billion. Fertitta is also the star of his own reality TV show on CNBC, “Billion Dollar Buyer.”
Through his restaurant and hospitality company Landry’s, Fertitta owns more than 600 properties in 36 states and in over 15 countries. He is also one of the largest employers in the nation, with more than 60,000 employees. His restaurants include a signature collection of eateries, such as Mastro’s Steakhouse and Ocean Club, Morton’s Steakhouse, Vic & Anthony’s, Bubba Gump Shrimp Company, Dos Caminos, Joe’s Crab Shack, and more.