Learning bar business the hard way

[readerc54]

Although he operates from the other side of the tracks, I found the message this owner of multiple Pattaya lady bars of interest. We see the bar business--as we should--from the consumer point of view. This guy has apparently walked the walk more than a few times from the other.

Excerpts from Pattaya One article

“I can’t believe how much guys value themselves at the start of businesses and paying themselves good salaries using investors money before the business actually starts making profit. This often causes conflicts with investors and between business partners.

I personally think you should eat dirt, suffer as you build up your business. Lots of guys pay for sex here which is great and perfectly normal, but why do it daily or 2-3 times per week, why not jerk off and suffer (a wank is money in the bank) until you start making money? If you do not suffer you wont push hard enough IMO.

Its just so important to get the fundamentals right and build up a business slowly. I am expanding our bar business fast as we speak, but I know exactly what I am doing and the risks/shortfalls. Besides I am only buying more bars which we are experienced to run, if I was going into new areas like clothing, I wouldn’t be so brave or fast.

It is just so important to start small and go through all the growing pains, cut backs, economies of scale, staffing problems, sorting the structure out, staff rules and regulations etc and discovering all the other benefits of having a larger business. Learn from the ground up and earn your stripes! Or you can lose your shit or someone elses IMO”.

http://pattayaone.news/en/pattaya-business-advice/

[Alex]

"A wank is money in the bank", that's catchy.

What I'm surprised about is that apparently there are investors who are willing to invest in a newcomer's bar. That sounds incredibly foolish to me.

[Gaybutton]

"A wank is money in the bank", that's catchy.

I'm not so sure I agree. Sending flowers to your hands can get expensive . . .