U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Economics > Business
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 09-20-2013, 03:26 AM
 
Location: US
20,721 posts, read 20,288,008 times
Reputation: 16729

Advertisements

The eduction in school for business ownership is mostly worthless and in many parts it can even be harmful because of all the political correctness teaching you the wrong things. Experience is the best way. Try to work at one that is successful and see what they are doing right and if anything could be improved.

Source: Personal experience... my family has owned 4 successful restaurants ranging from a small cafe to 600 person fine dining restaurant.
Rate this post positively Reply With Quote Quick reply to this message

 
Old 09-20-2013, 05:45 PM
 
Location: Under a bridge
2,422 posts, read 3,324,208 times
Reputation: 2486
Quote:
Originally Posted by NJ Brazen_3133 View Post
It is about location . . . location . . . location. Unless Real Estate prices plummet ten years from now, I would think your best bet is a food cart or truck. Like those you see in Manhattan. It should be cheap enough for you to start, and from there, you can maybe expand. You can learn all the basics too from working a food cart. It is like a sort of microcosm of an actual restaurants. They are the same except in a much much smaller proportion, so you can handle it easier.
I agree 100% about location. In the restaurant business it's all about location. Everything else is in distant 2nd place.

-Cheers.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 09-22-2013, 09:21 PM
 
9,470 posts, read 6,252,526 times
Reputation: 2169
There is NO substitute for experience. Every one of the banks that failed were run by people with high degrees and every learning advantage they could get. It meant very little.

Learn the business on someone else's dime, save your money, and learn what YOU do best.

Then leverage your skills to best advantage, and get help with the rest. Start without going to debt, if you can, so you can have the biggest chance of success possible.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Business
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top