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7/22/2025, 10:16:16 PM
>>21482465
>why would anyone build a restaurant from the ground up when it's an inevitable failure?
As an accountant that's worked in a bunch of different industries and small businesses, the number one of rule of business that've discovered so far is this: "exciting" businesses always go under, and the most boring shit on Earth just prints cash.
Restaurants, bars, luxury RE, tech start-ups, etc, make zero fucking money and are constantly on a thin margin (or running off daddy's/hubby's money) always 12 seconds away from bankruptcy. Usually the owners are chasing a "dream" (aka social status) and banks are always willingly to loan out at >15% to these suckers, both to suck them dry and in the miniscule chance they become the next Chipotle. Meanwhile the man that owns a cardboard box factory or builds septic tanks or makes niche software for banks or whatever is always 100% unfathomably, degenerately wealthy and thinks nothing of dropping $100k in Aspen or daily drinking $500 scotch.
>why would anyone build a restaurant from the ground up when it's an inevitable failure?
As an accountant that's worked in a bunch of different industries and small businesses, the number one of rule of business that've discovered so far is this: "exciting" businesses always go under, and the most boring shit on Earth just prints cash.
Restaurants, bars, luxury RE, tech start-ups, etc, make zero fucking money and are constantly on a thin margin (or running off daddy's/hubby's money) always 12 seconds away from bankruptcy. Usually the owners are chasing a "dream" (aka social status) and banks are always willingly to loan out at >15% to these suckers, both to suck them dry and in the miniscule chance they become the next Chipotle. Meanwhile the man that owns a cardboard box factory or builds septic tanks or makes niche software for banks or whatever is always 100% unfathomably, degenerately wealthy and thinks nothing of dropping $100k in Aspen or daily drinking $500 scotch.
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