4 Mistakes To AVOID When Starting A Food Business | Food Business Success

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  • เผยแพร่เมื่อ 20 ก.ย. 2024

ความคิดเห็น • 83

  • @WilsonKLee
    @WilsonKLee  3 ปีที่แล้ว +11

    💎 [FREE COURSE] Learn how to start an online food business - swiy.co/start-FPF-program
    🚀 [FREE COURSE] Learn how to start a restaurant/brick&mortar business - swiy.co/Start-PRO-Academy

  • @curry2131
    @curry2131 ปีที่แล้ว +52

    As a food business owner, this guy is speaking super valuable facts!!

    • @amandabousheley3189
      @amandabousheley3189 ปีที่แล้ว +1

      Wish me luck! Are you still in business now?

    • @hustlerprince25
      @hustlerprince25 ปีที่แล้ว +2

      Don't just expect "luck", work till you make it.

  • @inkod9424
    @inkod9424 ปีที่แล้ว +10

    Jack of all trades, master of none.
    Though, often better than a master of one.

  • @user-us8pd6yv6h
    @user-us8pd6yv6h 3 วันที่ผ่านมา

    Just found your channel.
    I relate to things you talk about!!

  • @savannawinstead3678
    @savannawinstead3678 2 ปีที่แล้ว +5

    Thank you for paying it forward, I love your genuine and empathetic approach to helping others build their businesses

  • @Donnnny2010
    @Donnnny2010 2 ปีที่แล้ว +4

    Over reliance on e commerce platforms aswell.
    Hands on consumers are a must

  • @jocelynramirez9705
    @jocelynramirez9705 8 หลายเดือนก่อน +1

    I really love your content. Especially all about coffee business. Thank you so much. I am currently working here in Manhattan NY and planning to go back to my country soon and start a business. Food business. Thank you so much for your videos. I learned so much. Please keep making contents that help people planning to have business. Because of your videos I think I am now ready. All I need is to start and learn more along the way....❤🎉

  • @garciana3495
    @garciana3495 3 ปีที่แล้ว +11

    Thank you so much Wilson! I’m currently trying to run a vegan business in Mexico and I’m struggling a little bit, but your videos had been soooo helpful. 🙏🏼🙏🏼🙏🏼

    • @WilsonKLee
      @WilsonKLee  3 ปีที่แล้ว

      Glad my videos could help Ana! What are you struggling with right now?

    • @gio_32
      @gio_32 3 ปีที่แล้ว +6

      Your struggling because your watching you tube videos. Get back to work

    • @badrel-huni4394
      @badrel-huni4394 2 ปีที่แล้ว +4

      @@gio_32 What? that is some of the dumbest thing I've ever heard. They're on youtube to learn how to improve what they're doing wrong and learn from more experienced people.

    • @gio_32
      @gio_32 2 ปีที่แล้ว +8

      @@badrel-huni4394 obviously you could not sense the sarcasm in my comment. The real reason he is struggling is because he is trying to run a vegan restaurant. Maybe 10 percent of the people in any given area know exactly what vegan is and maybe 1 percent or people or less are actually vegan.
      He should have opened up a restaurant that sells regular food and have a nice vegan menu for people who live that lifestyle.
      This is a real good opportunity because for example a family with 2 kids has a vegan daughter and they want to go out to eat. The vegan daughter must compromise and do her best to “create” or “alter” a signature dish.
      Perhaps he is passionate about libinjbhhu he a vegan lifestyle. He can still incorporate that into hid mcç fine but understand the demand is low. U

    • @badrel-huni4394
      @badrel-huni4394 2 ปีที่แล้ว

      @@gio_32 oh my bad bro, didn't mean to come off that way, a lot of people would have meant it that way and I guess I thought the worst

  • @kitchenforall1
    @kitchenforall1 5 หลายเดือนก่อน +1

    Thank you very much for this Video. I am going into Breakfast Business and I’m glad to learn from you ❤❤❤❤

  • @simoneshowers-dorman1949
    @simoneshowers-dorman1949 7 หลายเดือนก่อน +2

    Love these videos
    Easy to understand and very helpful..

  • @antoniodossantos5960
    @antoniodossantos5960 2 ปีที่แล้ว +3

    Hospitality...I like it 🌎

  • @BingoHunt
    @BingoHunt 3 ปีที่แล้ว +3

    I scream my best YES for those 3 questions lol. wish I'll finish my degree asap so I can start running my caffe shop. I'm so blessed with your sharing. THANKYOUUU. I still have to learn much from you sir.👮‍♀️

    • @WilsonKLee
      @WilsonKLee  3 ปีที่แล้ว +5

      Haha then you maybe fit for this :) You don't need to wait until you finish your degree to add some useful skills/experience to your tool set. Maybe getting a job at a local coffee shop or learning some marketing on the side so you can use them in the future! Know that this is all a journey and anything you do before can be super valuable for what you want to do in the future. So be strategic with your time. Best of luck!

  • @voicsattel1122
    @voicsattel1122 21 วันที่ผ่านมา

    thank you so much for this ❤️

  • @thriving_adel
    @thriving_adel ปีที่แล้ว

    I'm learning so much from you, Wilson. Thank so much! I have signed up for the free masterclass and I'm so excited about my future as a food business owner!

    • @scorpio_MP
      @scorpio_MP ปีที่แล้ว

      How is it going mami

  • @antoniodossantos5960
    @antoniodossantos5960 2 ปีที่แล้ว +2

    Target market + Location has to match... figure out. Thanks. Greetings from Colombia. The Venezuelan Immigrant writer 🇻🇪

    • @WilsonKLee
      @WilsonKLee  2 ปีที่แล้ว

      thanks for tuning in antonio!

  • @dezvibes
    @dezvibes ปีที่แล้ว

    I appreciate your time and effort with this video! Very helpful 😊

  • @katyyung6247
    @katyyung6247 ปีที่แล้ว

    Thank you so much for sharing this! Lots of great information.

  • @elenaskinner6448
    @elenaskinner6448 2 ปีที่แล้ว

    Hi Wilson 👋
    Thanks for this very informative tips ,will be running a business soon ,U are so true and genuine✌️

  • @jamesvisitacion4379
    @jamesvisitacion4379 ปีที่แล้ว

    Thank you for all your food business info.

  • @Ambassador
    @Ambassador ปีที่แล้ว +1

    Appreciate the content

  • @mervisgowero3466
    @mervisgowero3466 4 หลายเดือนก่อน

    So helpful,
    Thanks

  • @marlonborre3891
    @marlonborre3891 8 หลายเดือนก่อน

    Facts, thank you!

  • @douniadebahi8102
    @douniadebahi8102 6 หลายเดือนก่อน

    Thank u so much , i'm really appreciate that ❤❤ and i learning with you , how can i make my own business successfully

  • @yusufakbar5977
    @yusufakbar5977 ปีที่แล้ว +9

    hmmm 40 hour/week...isn't that quite low at least for me...when i first started my food business, i worked min 12 hours per days, 7 days a week with no vacation for 5 years just so that i could get ahead of the competition...it was so brutal but fortunately i love doing it so it feels more like playing then working...and now everything pays off instead of working 12 hours per days, now i just show up to monitor for 2 hour max and then spend the rest of my days playing with friends and family while having the same amount of income (my salary) per month as head manager

    • @Chinoiserie9839
      @Chinoiserie9839 ปีที่แล้ว

      Yeah....40 hours a week is just like any other jobs. For me its not that bad because i used to work from 8-5 for six days a week then do business on weekends.

  • @bhavanijaiswal2458
    @bhavanijaiswal2458 8 หลายเดือนก่อน

    thank you so much for being inspiration

  • @maanecerezo7723
    @maanecerezo7723 3 หลายเดือนก่อน +1

    I'm. starting my business

  • @namgyaltsultrim4337
    @namgyaltsultrim4337 ปีที่แล้ว +2

    I was thinking of selling food from Deli style restaurant from 10 to 3pm and 6 to 11pm. Is that wise for closing in the mid day? Thanks for ur ideas

    • @carterfamily9096
      @carterfamily9096 ปีที่แล้ว +1

      Not it’s not wise to close.
      That’s throwing away sales. It may be slow, but your hours r off
      Busy hours up to 2 pm and start as early as 4 for dinner rush.
      If it’s about man hours, cut the staff hrs but keep them doing “busy work” by preparing for dinner rush. Probly needa close round 8-9 depending on the day of the week

  • @KamdemElecta-mp9eo
    @KamdemElecta-mp9eo 4 หลายเดือนก่อน

    Thank you so much 🙏

  • @amarairene1760
    @amarairene1760 ปีที่แล้ว

    Thank you Wilson

  • @brucencube7058
    @brucencube7058 3 ปีที่แล้ว +1

    Powerful lesson

    • @WilsonKLee
      @WilsonKLee  3 ปีที่แล้ว +1

      Thanks for tuning in Bruce!

  • @yasseralqerfan5077
    @yasseralqerfan5077 2 ปีที่แล้ว

    SO great !

  •  2 ปีที่แล้ว +1

    you are really great and very helpful !!! watching now all your free course, i really appreciate you for sharing everything you know with us ! MERCI BEAUCOUP WILSON !

  • @Monntyvlogs
    @Monntyvlogs 10 หลายเดือนก่อน

    Good analysis

  • @danielle2451
    @danielle2451 ปีที่แล้ว

    Great video

  • @bnazem7617
    @bnazem7617 20 วันที่ผ่านมา

    I can’t find your master class link

  • @paulafearon4889
    @paulafearon4889 2 ปีที่แล้ว +2

    Hi wilson. Thank you. I'm having an issue. I have a take out restaurant in Jamaica and I realised that my expenses are more than my sales. You have any video that can assist me?? Thank you

    • @mrclayteevee
      @mrclayteevee 2 ปีที่แล้ว

      Double check your prices maybe your profit margin is too low

    • @ChelseaMonetOfficial
      @ChelseaMonetOfficial ปีที่แล้ว

      Maybe too many things on menu!

  • @derrickjoy8627
    @derrickjoy8627 ปีที่แล้ว

    burn rate is the amount that i used in production of the food

  • @walteralexander7284
    @walteralexander7284 3 ปีที่แล้ว +1

    I notice that there are no videos about opening or starting fruterías. Why do you think that is? Would you dive into that category to share with us how people open those?

    • @WilsonKLee
      @WilsonKLee  3 ปีที่แล้ว

      What is a fruterias?

    • @genesiscruz4885
      @genesiscruz4885 2 ปีที่แล้ว +1

      A frutería could be one person by themselves selling nothing but fruit in a small stand and the other version would be like a small mom and pop shop that sells things like fruit but can also have smoothies sandwiches that sorta thing.

    • @franktompkin5065
      @franktompkin5065 2 ปีที่แล้ว +1

      It sounds like a fruit/deli. I believe it's happening in certain city in regards to fruit stands, but there's a lot regulations and license in the US especially if meat is involved.

  • @sabnicolas3160
    @sabnicolas3160 3 ปีที่แล้ว

    thank you

    • @WilsonKLee
      @WilsonKLee  3 ปีที่แล้ว

      You're welcome Sab!

  • @wokfire3027
    @wokfire3027 3 ปีที่แล้ว

    me recently found a place for open a restaurant, but right now very difficult to get a employee

    • @WilsonKLee
      @WilsonKLee  3 ปีที่แล้ว

      Yep it is something a lot of industries (not just food) are feeling. Congrats on spotting a location! What about that location makes it attractive for you?

  • @utopiakasina4129
    @utopiakasina4129 2 ปีที่แล้ว

    this is a big chunk of basic knowledge which can help any small startup business...thank you sooo much i found you on a right time of my life even. i wish you a more success and will be waiting for you in india as well, where ever in india will definitely travel and would love to visit

  • @justindomingo4533
    @justindomingo4533 ปีที่แล้ว +1

    Sir i just want to thank you, the lessons and guides that you teach are so valuable and knowledgeable, almost identical to what my accountant mother teaches me but without being angry. Just kidding hahahah but seriously man you're awesome and thank you for your videos, Truely.

  • @FatinQQ
    @FatinQQ ปีที่แล้ว +1

    What if the price of the ingredients just randomly when up? What should I do? Prices here never been consistent
    13:35

  • @dardaf904
    @dardaf904 ปีที่แล้ว

    Average order bundles

  • @hermanhanitio461
    @hermanhanitio461 7 หลายเดือนก่อน

    👍

  • @lipstickjelly6831
    @lipstickjelly6831 2 ปีที่แล้ว

    I’d like to start an online food business, because as a chef that’s helped open and ran 2 restaurants, there’s NO WAY I’d like to own a restaurant. Lol

    • @WilsonKLee
      @WilsonKLee  2 ปีที่แล้ว

      What kind of online food business are you thinking?

    • @lipstickjelly6831
      @lipstickjelly6831 2 ปีที่แล้ว +2

      @@WilsonKLeegourmet candy and confections

  • @davidlimm
    @davidlimm ปีที่แล้ว

    i dont get mistake number 2 can somebody explain ?

    • @filipito2
      @filipito2 ปีที่แล้ว

      Know who you're selling to. For example kids vs adults, richer vs poorer people,...
      Also, if you're a restaurant owner, you don't have a menu with taco's and thai food and pizza's and steaks and...

  • @mediatricen4705
    @mediatricen4705 ปีที่แล้ว

  • @meynardjuan8973
    @meynardjuan8973 ปีที่แล้ว

    Your rule of thumb is
    25% labour
    25% cogs
    25% rent.
    Others say 30,30,15
    Ano ba talaga ang rule of thumb?
    I thought there's only one rule of thumb!

  • @JosefinaQB
    @JosefinaQB ปีที่แล้ว

    Did this man really just tell me some people are running businesses right now without snide ring the cat of the goods and the labor and incorrectly pricing their food cause of it ??? I knew about that all when I was like 8, I was dreaming bout a restaurant since I was like 5 like, I WAS 8

  • @cheffedjudhy2486
    @cheffedjudhy2486 ปีที่แล้ว +1

    i need to contact you please

    • @ChelseaMonetOfficial
      @ChelseaMonetOfficial ปีที่แล้ว

      He retired from the food business. These videos are up just for the people some of his program still may be active check the links in the description❤

    • @karresagrant9640
      @karresagrant9640 ปีที่แล้ว

      @@ChelseaMonetOfficialoh wow I didn’t know he tired 😮why ?