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He makes a lot of mistakes that are just inexcusable though. For example, just when fights through the painful start, he shuts the restaurant down to give every
by ImSkeptical 9y ago
He makes a lot of mistakes that are just inexcusable though. For example, just when fights through the painful start, he shuts the restaurant down to give everyone a week off. A week! I've never run a restaurant, but my guess is that it's difficult to make money while being closed.
He doesn't do simple math to figure out how much money he'll need, what runway he has, or what he should be charging for his food. He pays three grand to incorporate a business, when a Google search tells him it could be done for far less. When he gets the opportunity to work for a few months in a restaurant, he squanders it.
Sure, hindsight is twenty twenty, but a lot of these obstacles aren't hard to see coming. If you're going to gamble with your life savings, your friend's money, and your family's financial future, you should do the research and put the thought in to make sure you aren't throwing it all away.