You think making money is hard? Especially in a business? So, I remember someone had said, “Three most important things in running a food business are “1.Location”, “2.Location” & “3.Location”.
Today my colleague & I went to a nearby restaurant [both of us are (still) strangers in this city & therefore, we spend weekends in office]. This restaurant, is least accessible from the main road. There’s no board that shows you the location of this restaurant. This restaurant is actually in a flat on the ground floor of a building!
We went inside and we couldn’t find a place to sit! All seats were occupied and few of the people were standing . What a business! The owner (I judged him from his attire) was busy serving. There was no counter, no computers, no bills – nothing! Just benches to sit & people serving the food. That’s it!
Simple, profitable business!
We had to pay Rs. 50/- for a simple meal. I bet that guy is earning Rs. 35/- profit on the cost of Rs. 15/- . That’s a HUGE profit!
…and while I’m typing this, that fellow must have earned about Rs. 1200/- [within 1 hour] , or even more.
and here I am, happy with my software engineering job. 😉
–The Big K–