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The restaurant biz is brutal.

I had been in the management side for 16 years, and my partner had sold his software company so he had some money. He had always dreamed of owning a restaurant, so he ponied up a large % of the money.

Our food was good, our location was okay, our service was pretty good as well. We closed 3 months later.

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People get swept up with the idea of 'being your own boss' all the time, to avoid working A Job.

Many business owners are working A Job in disguise.

It is perversely fun to read stories of people who started their own business in order to not have a boss, only to realize that they suddenly have a dozen bosses who don't even coordinate with each other to keep their combined demands reasonable.

The only way to escape A Job is to earn passive income. The only way to do that in the Restaurant Industry is to own a chain/franchise.

I've never met a franchisee in the food business who was passive in any way. Most worked very long hours, ironically, more hours as they became more successful.

Own a franchise, not be a franchisee. Sorry I wasn't more clear, you're correct.

Interesting, any basic insights why that was? Not enough customers, bad margins etc.?

Not enough customers, prices a bit high, undercapitalized.

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