I think the margins are terrible, way worse than tech that's for sure.
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Everything has tradeoffs. I’d guess a successful tech startup is 10-100x harder to achieve than a successful small restaurant.
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Restaurants face tons of irrational competition in it for ego reasons rather than to make money. Leads to over supply and makes profit very hard.
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@jonathanmaze What do you think? Would love to hear your thoughts on this. -
No harder. It’s tougher in some respects it’s harder because it’s such a competitive industry. But conceptually it’s relatively simple.
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The short inventory shelf life is a pretty unique disadvantage.
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When is it a good idea to start one?