by John Sprague

Created on: July 17, 2008   Last Updated: July 18, 2008

Do You Have The Skin To Be A Successful Entrepreneur?

Success in Business involves focus, determination and drive. My advice here is mainly pertaining to a "Bricks and Mortar" operation but some of the same traits and principles can be applied to online business. Which ever direction you are heading in, it will require a great deal of your determination and focus on the goals you have set. You need all the drive you can muster to pull it off so be ready. Once you have set your goals and plans in place, it is time to buckle down.

In my case, I owned and operated a restaurant for ten years and a bar for eight years. It is a great feeling to have your own business but it isn't an easy task. The endeavor will take an incredible amount of time and energy to attempt to be a success. You have entered into a great adventure. Both of these types of operations here are difficult in their own right.
Hopefully, I can be of help to those of you who wish to enter into one of these exploits. These businesses are extremely hard to build up and require a lot of dough sometimes. There is no pun intended here. Perhaps it is a play on words but in the restaurant trade especially, you need to buy in large quantity if you are able. You are in a world of franchises and mega businesses like McD, BK and Wendy's. It is a big mistake to try to be like these last three. You can't compete with them and shouldn't try to. The franchises are able to buy in huge quantity and pay much less for wholesale than you would ever hope to. You may find it more favorable to stock the kitchen from the local Sam's or Cosco. Your distributors rarely can give you a good deal these days although they may tell you about things on special deal or sale. Unfortunately, the things on sale won't necessarily be regular menu items. Here is where you need to zero in on a basic menu that isn't out of control. If you are smart, you will keep it simple. The items you decide upon, need to be excellent recipe items and extremely consistent once you make your selection. You need to serve food that is the kind people think about and want to return for more of the same. Ideally, your recipe is unique to you and not a copy of a neighboring establishment's recipe. You should serve good quantity and good quality and try not to overprice your meals. If you can serve 6-8 dinner menu items and have great recipes for each of them, then that will work just fine. Maybe you can make great Lasagna, either a red variety or perhaps white

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