A Quote by Raj Kundra
In March 2019, I was looking to make investments in the F&B sector. Ranjit Bindra approached me because he heard I was interested in this space with an offer to invest in his restaurant Bastian. I had been a regular patron at this popular restaurant and decided to invest in the same buying a 50 percent share stake along with management rights.
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I wanted to work in a restaurant. Le Cirque was looking for a chef and they approached me. I was excited to be able to be part of this restaurant with an amazing reputation, but not a good one for food at the time. I made it clear that if I was coming to Le Cirque it was going to change.
Howard Hughes himself was a regular at the restaurant, and in a way it became his headquarters, too. Howard had recently relocated to Las Vegas, so when he wanted to do business in Los Angeles, he went into the back of our restaurant to use the telephone.
Politics and government have been a terrible place to invest; education has been a terrible place to invest, but that is because the entrenched interests make it a terrible place to invest. The way you invest in those sectors is you go against the entrenched interests; you try and disrupt the entrenched interests, not to service them.
Buying a share of a good business is better than buying a share of a bad business. One way to do this is to purchase a business that can invest its own money at high rates of return rather than purchasing a business that can only invest at lower ones. In other words, businesses that earn a high return on capital are better than businesses that earn a low return on capital.
Marg Helgenberger and I were waitresses in the same restaurant in Evanston, Illinois. I'm happy to say that that restaurant has since been torn down. [...] We both had an audition for ABC soaps - different soaps, but we auditioned at the same time, and she got the part and went off to New York. Three years later, I went to L.A. So she was kind of an inspiration to me. And it makes sense that we will both be in Wonder Woman together, because we ARE Wonder Women.
I was told I had to go to business school to succeed. I gave it a shot, but eventually dropped out to bootstrap a restaurant with just a Visa card and a $20,000 line of credit. Everyone told me restaurants were hard work (and they were right! I have so much respect for anyone in the restaurant business). I ran the restaurant for two years, sold a franchise, decided to change paths, and sold the whole operation at a modest profit.
I first heard about TikTok because all my friends were using it and I would always see popular TikToks come up on my Instagram feed. I finally decided to download it at the end of 2019 and ever since then I've been addicted.
That so-called feminine ardor for clothes shopping had been flagging for some time. Between 1980 and 1986, at the same time that women were buying more houses, cars, restaurant dinners, and health care services, they were buying fewer pieces of clothing-from dresses to underwear.
Restaurant industry sales in 2011 are estimated to have reached a record high of $604 billion, up 3.6 percent from 2010. Restaurant employment grew 1.9 percent in 2011, with some 230,000 jobs added, the strongest gain in five years.
When I started at Puma, you had a restaurant that was a Puma restaurant, an Adidas restaurant, a bakery. The town was literally divided. If you were working for the wrong company, you wouldn't be served any food; you couldn't buy anything. So it was kind of an odd experience.
I always felt like if you get to a point where you've got enough money to invest in something real, you gotta invest in anything that's related to a natural resource because that's gonna be here forever - so you might as well invest in something that's gonna be here, rather than invest in something that's gonna wear out.
I decided at the outset to invest in a fairly broad range of businesses, as I didn't want to get pigeonholed into one sector.
I think every chef should have a food truck. It's a good way to test the markets, to invest in meeting the future restaurant goers.
I've heard people say putting is 50 percent technique and 50 percent mental. I really believe it is 50 percent technique and 90 percent positive thinking, see, but that adds up to 140 percent, which is why nobody is 100 percent sure how to putt.
Dysfunctional states like Afghanistan need business people who are deeply rooted in their country and invest in it. They can add stability. But all development programs of the United States and the European countries unfortunately exclude the private sector, which could make investments based on profitability.
The truth is that it has not been my pipe dream to have a restaurant. I know restaurateurs, and the amount of work that goes into a restaurant is nothing short of insanity. It's a real commitment, and most restaurants don't make it, so the odds are really against you.
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