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50% of marriages fail. More than 50% of restaurants fail in their first year. OP is a first time husband, first time restaurant worker. That is like a 25% chance of success at best. Not even married yet either
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Jan 20, 2016 05:08
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| # ? May 9, 2024 17:19 |
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Why did you start this thread in the first place? What did you expect? Alternatively; gently caress Toronto smd
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Jan 20, 2016 05:13
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To get the kind of feedback you can only get from mean spirited and distrustful interneters. I may be defensive but I'm here listening and answering.
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Jan 20, 2016 05:15
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Dr. Tommy John posted:I don't want to sound ungrateful or dismissive of concern of advice, but I will ask you this. If you had a promising business and a good opportunity that was going to provide even an outside shot at doing what you love every day a couple years ahead of schedule, would you take a shot? Taking a shot is a great, the ambition and desire you have to charge forward is a good reason you've done well with the pop-up / festival stuff, and will be an asset when you can open your own place. But to take a shot you need to have a loaded gun. You don't, you have a starter pistol with damp squibs. If you don't have the money to even open without going to kickstarter to close the gap, will you have the money to live on after a year of not paying yourself a salary? Because that's a completely normal thing for a new establishment. My sister is currently on year 2 of owning a cafe & bakery. Very different scale and line of food, but the same requirements are there. She had a year of cushion, and she needed it. poo poo happens and that always means money. Equipment breaks. Your food supplier could gently caress you over -- for example sending a shipment of flour that had bugs in it so she was buying from costco while arguing with them about it. It takes a while to build up a real clientele. And she had some big advantages besides just money, like working in the local high-end food scene for multiple years so she had connections and was selling wholesale to other restaurants on day one. I don't want to be mean to you just because GBS, even though this was not the best idea. But you are setting yourself up for a plan where you will need to be lucky with everything to not go under. Not just good at making food and connecting with customers, but lucky with stuff that will be 100% out of your control.
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Jan 20, 2016 05:44
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I'm not gonna quote it but you asked something like if I had the chance to jump the gun on my dream because a great opportunity came along would I do it? No - for the same reason I wouldn't induce my kid at 7 months if the hospital was offering the "great opportunity" of half-price pitocin. I want my dream not just to be born, but to have a good chance to live - not die gasping because I was impatient to see its beautiful blue face. I know you think we're being cynics, but maybe you're the cynical one? You think that a cheap place to open is some kind of once-in-a-lifetime deal? drat, dude. Cheap commercial real estate is available all the drat time. If you can't find any, wait few weeks or months at most and something decent will open up. Waiting until you've got more money saved up also gives you more opportunities, not fewer, by expanding the number of places you can afford. That lets you concentrate more on location, which is more important for a mostly-seasonal niche restaurant than slightly higher rent payments.
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Jan 20, 2016 05:44
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Neophyte posted:I know you think we're being cynics, but maybe you're the cynical one? You think that a cheap place to open is some kind of once-in-a-lifetime deal? drat, dude. Cheap commercial real estate is available all the drat time. If you can't find any, wait few weeks or months at most and something decent will open up. Also the Canadian economy is probably going to continue to poo poo the bed further for the next year or longer, so commercial rents will probably be even more affordable if you hold off until you have a decent cash reserve to start with. A bed making GBS threads economy may also have significant impacts on profit margins for a brand new restaurant if enough people start feeling crunched for income.
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Jan 20, 2016 05:58
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just a reminder that i have not criticised or insulted ur fiancee bc shes not the one posting shockingly ridiculous poo poo here and the posters doing so are being Dr. Tommy John posted:If you had a promising business and a good opportunity that was going to provide even an outside shot at doing what you love every day a couple years ahead of schedule, would you take a shot? Dr. Tommy John posted:We'd rather have taken more time, built up more capital and experience and opened with a larger staff and fuller operation. Dr. Tommy John posted:would you not see any value in the fact that failing a kickstarter still builds publicity that succeeding at a bank does not? Dr. Tommy John posted:Why have so many of you immediately assumed that we couldn't borrow this money u should close this thread and instead do ur pitch in the toronto thread in the LAN forum, it would make more sense there bc those people might actually be some of ur future guests. whoflungpoop fucked around with this message at 06:00 on Jan 20, 2016 |
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Jan 20, 2016 05:58
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These are excellent and well thought out posts, thank you both very much. I maybe should have been emphasizing some different parts of our plan and being less dismissive of what you guys are saying here, I realize I may have been coming off increasingly indignant. I refused to hear you about patience and executing this properly and more comfortably over a longer timeline, and I'm sorry if I seemed ignorant in that. But our understanding of what the costs are and our current financial standing are being harshly misrepresented here, even if I completely understand why. We will not live or die with the money from kickstarter. It will save us some money up front that, as we are discussing right now, is worth at least twice what it will be when we could otherwise afford it. We will be fine through the terms of our lease if we have to rent these items, even if you're right that this time could be less than happy if we are struggling to make enough profit to pay ourselves. We are saying the same thing here, except you're arguing as if I still may listen to reason and not go through with it. I'm saying what you are, were currently in an uncomfortable position to pull this off and some extra capital would be a good idea. But I'd appreciate at least a modicum of assumption that I might have some idea of how much we'll need for the first leg of a six-month renewable lease. E: and I hardly posted this here expecting this, though I did want to expose it to some people more critical than those who already support us and see the feedback. I did close this thread yesterday, but I guess it was hilarious enough that someone decided it needed to be revisited and I'm genuinely interested in some of your opinions. E2: and thank you for directing your vitriol at where it belongs. don't think I didn't notice (USER WAS PUT ON PROBATION FOR THIS POST)
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Jan 20, 2016 06:05
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Jan 20, 2016 06:15
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i doubt anyone thinks ur going to change ur mind, its the goon in the well scenario except the goon is shaking a change jar u should def close this thread tho i dont know why u havent been banned yet other than the mods reopened it for folks to dogpile on u. if u take one advice close it and take ur pitch to people who are actually in ur city
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Jan 20, 2016 06:19
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Dr. Tommy John posted:These are excellent and well thought out posts, thank you both very much. You clearly feel ashamed about something because you have closed this thread twice now.
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Jan 20, 2016 06:25
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whoflungpoop posted:i doubt anyone thinks ur going to change ur mind, its the goon in the well scenario except the goon is shaking a change jar This thread was never about changing his mind. He's doing whatever it is he's doing and taking his fiance with him no matter what happens.
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Jan 20, 2016 06:26
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swbm could u please let the op keep his thread closed?
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Jan 20, 2016 06:27
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Whoa and it's open again. This Canuck's cool calm facade is beginning to crack
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Jan 20, 2016 06:27
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Neophyte posted:Let's see: Masterful
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Jan 20, 2016 06:28
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Yeah, I'm tired. And no one who isn't being stupid here is wrong.
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Jan 20, 2016 06:30
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Dr. Tommy John posted:These are excellent and well thought out posts, thank you both very much. to be honest i am a little high and zoned out to this post in a pleasant daydream about how i could get suckers to give me money via ePanhandling. go to the loving bank and get a loan like a big boy, you lazy goddamned chode
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Jan 20, 2016 06:34
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The Butcher posted:Also the Canadian economy is probably going to continue to poo poo the bed further for the next year or longer, so commercial rents will probably be even more affordable if you hold off until you have a decent cash reserve to start with. His post was a clever plan to get his hand on some valuable US dollars since CAD is making GBS threads the bed.
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Jan 20, 2016 06:36
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Would it be better if I outright said that if this fails we will borrow the money from a bank?
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Jan 20, 2016 06:36
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Return Of JimmyJars posted:I'll fund your entire thing if you let me come impregnate your fiancé. This is a legit offer bring back mod challenges
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Jan 20, 2016 06:38
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ScrotoTurboSperg posted:bring back mod challenges Thought about it, but couldn't think of anything that was thematically appropriate and wasn't icky. So I just probated his rear end.
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Jan 20, 2016 07:55
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I'll be in Toronto from feb 24th to march 1st, so sorry I can't be an akward nerd at you irl.
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Jan 20, 2016 07:56
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OP several ppl (including me) have stod up for you and donated (believing in ur dream) yet you only choose to respond to neg-trolls trying to neg your dream  i think u have alot to learn in engaging ur fan base
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Jan 20, 2016 08:11
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Dr. Tommy John posted:Would it be better if I outright said that if this fails we will borrow the money from a bank? Honestly it was more dignified when it seemed like you just had bad credit.
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Jan 20, 2016 08:14
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Banks expect a real business proposal as part of the small business loan underwriting process.
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Jan 20, 2016 08:20
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Looks like most of the backers are friends pity donating $100 bucks. No wonder the OP decided to try his luck in GBS. I thought it was going to do ok, until I looked at the donation breakdown.
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Jan 20, 2016 08:28
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gently caress your hotdog stand
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Jan 20, 2016 08:30
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i don't think op is a real doctor
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Jan 20, 2016 08:32
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OP, if you're making legit filipino food you should be using your mom's kitchen and also your mom should be making it
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Jan 20, 2016 08:35
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whoflungpoop posted:it wont happen like that. itll happen slowly, like a frog(dog) being slowly boiled to death, and every month the numbers will look worse and extra expenses will pop up and you'll get to the point where you have to compromise and roll back parts of your ~master plan~ but not in a way that recoups any useful amount of your original investment
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Jan 20, 2016 08:39
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a whole year
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also one mor ething, my brother is a relaly big instagrammer so if you send me money for his plane ticket and hotel, i can ensure he makes your food really popular on the internet
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Jan 20, 2016 08:39
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genesplicer posted:Thought about it, but couldn't think of anything that was thematically appropriate and wasn't icky. So I just probated his rear end. All I want is an HD video of him making an eggroll while repeating the handful of tagalog words he knows over and over.
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Jan 20, 2016 09:07
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whoflungpoop posted:swbm could u please let the op keep his thread closed? His last few replies cracked through my bitter eggroll shell and I felt a glimmer of pity for him............. but then I remembered how bad phillipeno food was
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Jan 20, 2016 09:08
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wishful thinking piled high
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Jan 20, 2016 09:26
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Susmaryosep. I will only donate if OP shows his Filipino cred with a picture of a giant wooden spoon and fork hanging in his kitchen.
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Jan 20, 2016 09:52
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op take pictures of all your possessions and do a garage sale itt if you want to make some cash
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Jan 20, 2016 10:00
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Dr. Tommy John posted:E: and I hardly posted this here expecting this This is how we know your business is doomed.
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Jan 20, 2016 10:05
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a starwar betamax posted:His last few replies cracked through my bitter eggroll shell and I felt a glimmer of pity for him............. but then I remembered how bad phillipeno food was its not all bad but ang baho
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Jan 20, 2016 11:32
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Okay Lets pass the hat around, send him and his partners to reform Alabama. They guest cook at doobies. if they can make it in the dog shack they can make it anywhere.
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Jan 20, 2016 11:58
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| # ? May 9, 2024 17:19 |
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im sorry i didnt mean to suggest to him to do something (close the thread) if it meant that he would get probated, i figured since no one banned him for even posting it that the mods really didnt care it was the one piece of advice he took
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Jan 20, 2016 12:09
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