When I openedmyfirstrestaurant, when I was 30, I had a lotofpeople, a lotofpeoplehave a lotofadvicewhenyoustartoffinsomethingnew, andyouhaven't doneitbefore.
Peopleoftenthink, whatdo I havetolosebytakingtherisk?
Whatdoyouhavetolosebynottakingitthatpressurethatyounowhaveinsideyourheadthatdissatisfactionwithyourselfthatalltheregretsallthewhatifthat's a lottobear.
And a lotofthetimewedon't thinkaboutthat.
Wethinkaboutwhathappensif I taketheriskanditdoesn't work.
Canyouunderstandwhen a businesswilldo a restaurantbusinesswilldowellandwhenitwon't likecanyouidentifycertainfactorsimmediatelywhenyouwalkinto a restaurant?
Sometimes I cansometimes, youknow, I will I havecertainsayingslikenevermistake a busyrestaurantfor a successfulrestaurantmeaningareyoumakingmoney?
I likedoingthisbusiness.
I alsolikemakingmoney.
So I canwalkinto a smallrestaurant, I canseeanarmyinthekitchen, I canseehighlabor, I canseehighfoodcosts.
I see a busyrestaurantandpeoplesay, they'rekillingit.
Lookatthem.
They'resobusy.
And I willsaytheywillbethey'llbedoneinoneyear.
And I'vebeengood.
I'vebeengoodatpickingouttherestaurantsthat I kindofanalyzethat I walkin, I seelocations, I seewhatthey'redoing.
I'm goodatcallinghowlongrestaurantswillwillbearound, I think.
But I'm fascinatedtothewayyou'retalkingabouteverythingyouhaven't mentionedoncethefood.
Oh, God, no, I knowthefood's obviouslygreat.
No, no, I know.
It's obviouslygreat.
But I feellikeintermsofsucceeding, andthat's suchanimportantlifelessonorbusinesslesson.
And I listenedto a lotofpeoplesaywecandothis, we'regettingmoney, andallthisfeedbackofwecandoitwheneverystepoftheway I saidthisisourtimetopull, pulltheplug.