Operating a restaurant in Singapore is exceptionally challenging. With world-leading commercial rents, strict labour laws, and volatile food costs, traditional F&B margins are razor-thin. Joseph Ryan spent years navigating this system, opening major outlets like Five Guys for the Zouk Group in Malaysia. Seeing these structural flaws worsen after the pandemic, he realised the industry needed a completely new approach.



His answer is Freshpod. Founded in 2021 with an ex-Goldman Sachs banker, this autonomous food kiosk bypasses traditional restaurant leases entirely. Operating without a chef or cashier, the fully refrigerated machines assemble fresh, customisable meal bowls in under 90 seconds. Following three years of R&D, they are now deployed in high-footfall locations like Gleneagles Hospital and Grab's headquarters, and are replenished daily.



With over 60 locations locked in for expansion, Joseph joins us to discuss the business of automated food delivery. We explore the complex engineering required to keep machine-dispensed food fresh and safe, how the kiosk financial model compares to a traditional brick-and-mortar restaurant, and their possible expansion into Malaysia.

Operating a restaurant in Singapore is exceptionally challenging. With world-leading commercial rents, strict labour laws, and volatile food costs, traditional F&amp;B margins are razor-thin. Joseph Ryan spent years navigating this system, opening major outlets like Five Guys for the Zouk Group in Malaysia. Seeing these structural flaws worsen after the pandemic, he realised the industry needed a completely new approach.His answer is Freshpod. Founded in 2021 with an ex-Goldman Sachs banker, this autonomous food kiosk bypasses traditional restaurant leases entirely. Operating without a chef or cashier, the fully refrigerated machines assemble fresh, customisable meal bowls in under 90 seconds. Following three years of R&amp;D, they are now deployed in high-footfall locations like Gleneagles Hospital and Grab's headquarters, and are replenished daily.With over 60 locations locked in for expansion, Joseph joins us to discuss the business of automated food delivery. We explore the complex engineering required to keep machine-dispensed food fresh and safe, how the kiosk financial model compares to a traditional brick-and-mortar restaurant, and their possible expansion into Malaysia.

The flagship entrepreneurship show on BFM, featuring personal business stories from early stage start-ups, all the way to billionaire octogenarians in Malaysia and abroad. Notable guests include Martin Cooper (father of the mobile phone), Julian Assange (founder of WikiLeaks), Ralph Henry Baer (father of video games), Tony Buzan (Mindmap Guru), Isaac Tigrett (Hard Rock Cafe founder), Robert Kiyosaki (Financial Guru), Nick Vujicic (motivational speaker) and more. Tap into this valuable resource of shared experiences for the SME industry, which also touches on news, issues and trends affecting the business community and beyond.

Open For Business

Discover fresh concepts, tackle obstacles, and unleash growth - Open For Business is the dynamic show where BFM engages with entrepreneurs, business leaders, and industry trailblazers, igniting inspiration, sparking success, and exploring new business models.

The Restaurant Model Is Broken. Is Freshpod the Fix?

In 2016, a faded 1930s Art Deco building in Kuala Lumpur's Chinatown sold for RM29 million. Once the tallest building in the city, its architectural history had been completely obscured by commercial signboards and neglect. Justin Chen and his family's Singapore-based real estate group, Arcc Holdings, acquired the building and spent six years carefully determining its commercial future.



The result is Else, a 49-key boutique hotel that opened in September 2022 to fill a clear gap in the Malaysian hospitality market. Rather than importing foreign concepts, the property champions local creative talent through collaborations with Malaysian designers, chefs, and artists. Three years later, the hotel is operationally profitable, growing at a steady 15 to 20 percent year-on-year, and holds the rare distinction of being the only Malaysian property to earn both a Michelin Key and a spot on the Tatler Asia Top 100 Hotels list.



Justin joins us to discuss the financial realities of heritage hospitality, and what the group plans to build next now that they have successfully proven their concept.

In 2016, a faded 1930s Art Deco building in Kuala Lumpur's Chinatown sold for RM29 million. Once the tallest building in the city, its architectural history had been completely obscured by commercial signboards and neglect. Justin Chen and his family's Singapore-based real estate group, Arcc Holdings, acquired the building and spent six years carefully determining its commercial future.The result is Else, a 49-key boutique hotel that opened in September 2022 to fill a clear gap in the Malaysian hospitality market. Rather than importing foreign concepts, the property champions local creative talent through collaborations with Malaysian designers, chefs, and artists. Three years later, the hotel is operationally profitable, growing at a steady 15 to 20 percent year-on-year, and holds the rare distinction of being the only Malaysian property to earn both a Michelin Key and a spot on the Tatler Asia Top 100 Hotels list.Justin joins us to discuss the financial realities of heritage hospitality, and what the group plans to build next now that they have successfully proven their concept.

Turning an RM29M Heritage Site Into a Michelin Key Hotel

Every business deal relies on knowing exactly who you are dealing with, but mapping corporate relationships across Asia is an incredibly challenging task. Daryl Neo spent years as a regulator at the Singapore Exchange, manually tracing ownership chains and trying to uncover who was truly behind complex business structures. As corporate networks expanded and data volumes exploded, this painstaking process became entirely unsustainable.



In 2011, Daryl and his co-founder Charles Poon left the SGX to build Handshakes, the tool they always wished they had. Today, it is the largest aggregator of ASEAN and China private market data, visually mapping corporate relationships and hidden connections to reduce due diligence workflows from months to hours. Backed by investors like Nikkei Inc, SPH Media, and S&P Global, the platform has successfully exposed the networks behind cross-border investment scams, penny stock crashes, and major conflict-of-interest cases.



Daryl talks to us about the significance of having global financial giants on their cap table, the introduction of their new AI Map Summariser, and why Malaysian business leaders need to shift their mindset from viewing due diligence as a boring compliance cost to treating it as a valuable intelligence asset.

Every business deal relies on knowing exactly who you are dealing with, but mapping corporate relationships across Asia is an incredibly challenging task. Daryl Neo spent years as a regulator at the Singapore Exchange, manually tracing ownership chains and trying to uncover who was truly behind complex business structures. As corporate networks expanded and data volumes exploded, this painstaking process became entirely unsustainable.In 2011, Daryl and his co-founder Charles Poon left the SGX to build Handshakes, the tool they always wished they had. Today, it is the largest aggregator of ASEAN and China private market data, visually mapping corporate relationships and hidden connections to reduce due diligence workflows from months to hours. Backed by investors like Nikkei Inc, SPH Media, and S&amp;P Global, the platform has successfully exposed the networks behind cross-border investment scams, penny stock crashes, and major conflict-of-interest cases.Daryl talks to us about the significance of having global financial giants on their cap table, the introduction of their new AI Map Summariser, and why Malaysian business leaders need to shift their mindset from viewing due diligence as a boring compliance cost to treating it as a valuable intelligence asset.

Mapping Hidden Corporate Connections Across Asia

Small business owners often look at a declining pipeline and assume they have a sales problem, but what they usually have is a leadership deficit. Lacking the capital to hire a high-quality, full-time sales director, many SMEs resort to one-off, traditional sales training workshops. However, these event-based sessions often fail to produce sustainable results because they do not embed actual behavior changes or apply a data-driven, scientific rigor to the company's daily sales process.  



SalesGeek was founded to bridge this exact gap. Created by Richard Few, the company operates a fractional sales leadership model, providing businesses with part-time sales directors for as little as 5 percent of a full-time executive's salary. Through a rapidly growing franchise system, SalesGeek deploys highly experienced sales professionals to work directly with founders. These directors refine go-to-market strategies, build robust data processes, and actively mentor local teams over an average two-year engagement until they successfully make themselves redundant.  



Now establishing Malaysia as their Southeast Asian hub, Richard joins us to unpack the unit economics of a global, completely investor-free franchise. We discuss the severe limitations of traditional corporate sales roles that drive top talent toward franchise ownership, the financial structure distinguishing their "solo" and "scale-up" models, and why Malaysia's high concentration of SMEs makes it the perfect market for their expansion.

Small business owners often look at a declining pipeline and assume they have a sales problem, but what they usually have is a leadership deficit. Lacking the capital to hire a high-quality, full-time sales director, many SMEs resort to one-off, traditional sales training workshops. However, these event-based sessions often fail to produce sustainable results because they do not embed actual behavior changes or apply a data-driven, scientific rigor to the company's daily sales process.&nbsp;&nbsp;SalesGeek was founded to bridge this exact gap. Created by Richard Few, the company operates a fractional sales leadership model, providing businesses with part-time sales directors for as little as 5 percent of a full-time executive's salary. Through a rapidly growing franchise system, SalesGeek deploys highly experienced sales professionals to work directly with founders. These directors refine go-to-market strategies, build robust data processes, and actively mentor local teams over an average two-year engagement until they successfully make themselves redundant.&nbsp;&nbsp;Now establishing Malaysia as their Southeast Asian hub, Richard joins us to unpack the unit economics of a global, completely investor-free franchise. We discuss the severe limitations of traditional corporate sales roles that drive top talent toward franchise ownership, the financial structure distinguishing their "solo" and "scale-up" models, and why Malaysia's high concentration of SMEs makes it the perfect market for their expansion.

The Restaurant Model Is Broken. Is Freshpod the Fix?

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