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There are a lot of factors we do not know here: I was an investor in a small restaurant as I wanted to keep it open after the owners quit. Upping anything on th

There are a lot of factors we do not know here: I was an investor in a small restaurant as I wanted to keep it open after the owners quit. Upping anything on the menu $1 would've killed the business dead because all surrounding restaurants where already cheaper, but we had better cooks, however people are frugal or poor or both and they were not that much better to make the difference that much bigger. We still ran at incredibly thin margins: amounts that seems weird to me as an IT guy. It depends: depending on your location (both country and inside that country) it can very well be that you cannot up your prices even a cent or people won't come back. We had that with beer: our neighbour's restaurant upped the price of a bottle of beer with 10cts and suddenly all the regulars came to drink at ours and eat at theirs (cheaper). A pizza place in the center of a popular city with high ratings probably can up the prices.

bsagdiyev 5y ago
Before we left San Diego I offered quite a few times to go in, unpaid, to help out. This man works 6 days a week, open to close. I don’t know what sort of upbringing people on this site seem to have but it doesn’t feel “working class” to me most of the time.
- Dudeman112 5y ago
  >what sort of upbringing people on this site seem to have but it doesn’t feel “working class” to me most of the time Some people around these parts have ardently defended that 100k USD is poverty wage and that having a net worth of 1 million doesn't make you rich. So I'm inclined to definitely not believe "working class".
  - Ma8ee 5y ago
    I must have missed those people. People here are in general not poor, but most are neither completely out of touch.
- tluyben2 5y ago
  Actually helping run this place showed me how skewed this world is. I met many hospitality service owners, small ones mostly and most of them are lucky to take 5-10k profit in a year in total: that while most people I know in software and management get angry when they cannot go on multiple 10k vacations a year...
- filoeleven 5y ago
  How is he living in San Diego on $416 / mo?
  - bsagdiyev 5y ago
    He isn’t, him and his wife earn around 40k total before tax. It’s possible but it isn’t fun. I talk about it elsewhere in the comments. She works as a preschool teacher.
rualca 5y ago
> Upping anything on the menu $1 would've killed the business dead (...) You could have a point if you didn't picked an example from an industry where you count on customers to expense additional charges to subsidize employees' wages in the form of tipping.

bsagdiyev 5y ago

Before we left San Diego I offered quite a few times to go in, unpaid, to help out. This man works 6 days a week, open to close. I don’t know what sort of upbringing people on this site seem to have but it doesn’t feel “working class” to me most of the time.

Dudeman112 5y ago
>what sort of upbringing people on this site seem to have but it doesn’t feel “working class” to me most of the time Some people around these parts have ardently defended that 100k USD is poverty wage and that having a net worth of 1 million doesn't make you rich. So I'm inclined to definitely not believe "working class".
- Ma8ee 5y ago
  I must have missed those people. People here are in general not poor, but most are neither completely out of touch.
tluyben2 5y ago
Actually helping run this place showed me how skewed this world is. I met many hospitality service owners, small ones mostly and most of them are lucky to take 5-10k profit in a year in total: that while most people I know in software and management get angry when they cannot go on multiple 10k vacations a year...
filoeleven 5y ago
How is he living in San Diego on $416 / mo?
- bsagdiyev 5y ago
  He isn’t, him and his wife earn around 40k total before tax. It’s possible but it isn’t fun. I talk about it elsewhere in the comments. She works as a preschool teacher.

rualca 5y ago

> Upping anything on the menu $1 would've killed the business dead (...) You could have a point if you didn't picked an example from an industry where you count on customers to expense additional charges to subsidize employees' wages in the form of tipping.