Скачать или смотреть How the NYC King of Hot Dogs Made $1.5M Then Lost Everything | Networth & Chill with Your Rich BFF

This week on Networth and Chill, Vivian sits down with Dan Rossi, the legendary Hot Dog King of NYC, to unpack the remarkable financial journey behind one of New York's most iconic street food empires. From building a pushcart empire of nearly 500 permits across the city to losing it all through regulatory changes, Dan's story is a masterclass in entrepreneurial resilience and the brutal realities of small business ownership. Discover how this disabled Vietnam veteran went from controlling 16% of all pushcart permits in NYC to defending his single remaining cart outside the Metropolitan Museum of Art for over 16 years. Vivian explores the financial strategies that built Dan's multi-million dollar hot dog empire, the devastating impact of the 1995 law changes that stripped away his permits, and how he's maintained his prime real estate spot through sheer determination and unconventional tactics. Learn about the financial sacrifices behind his success, including sleeping in his cart and van for 11 years to protect his valuable location. Whether you're an aspiring entrepreneur, curious about the economics of street food, or want to understand how regulatory changes can reshape entire industries, this episode delivers essential insights on building wealth, weathering financial storms, and the true cost of protecting your networth in America's most competitive market.

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00:00:00 Challenges of New York City Hot Dog Business
00:06:04 Rising Costs and Challenges in the Hot Dog Business
00:10:55 From Blueprint to Hot Dog Cart: A Business Journey
00:16:04 Overcoming Business Challenges in the 80s
00:20:55 The Rise of a Push Cart Empire
00:26:13 The Dan Rossy Law and Political Tactics
00:31:45 Veterans Fighting for Permit Rights
00:37:17 The Challenge of Competing in the Tourist Hot Dog Market
00:42:27 David vs. Goliath: Beating the Odds

#money #podcast #finance #financialfreedom #investing #nyc #newyork #newyorkhotdogking
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