According to Ohio State University, 60% of restaurants don’t make it after one year of being in business. A swooping 80% of restaurants close their doors after five years.
These are high statistics. Yet a lot of good can happen between one to five years.
A little bit before 2017, Gervontae Davis, 21 – 22 years old, at the time, dreamed of being a headliner Pay-Per View attraction.
He wanted to become the face of boxing 🥊
Back then, some agreed while others blatantly believed it was almost blasphemous for this young man to make such big predictions.
Same thing happened when you wanted to open your own restaurant. Or when you chose to dedicate the next years of your life to provide the best quality food in your area. Or when you decided to accept the new general manager position.
You believed in your abilities to be great. Which is one of the most important asset you can ever gift yourself with.
Because if you
- Doubt yourself
- Shame yourself
- Disinvest in yourself
- Coward yourself
Then, you’re unable to level up. You’ll remain where you are while complaining why you’re always in the same situations.
But when you believe in yourself and your team
- You become innerly more powerful
- You see possibilities you’ve never seen before
- You expand the trust you’ve been given to yourself and others
- You get the balls to have solution-based conversations with your team instead of drama-filled talks
On Saturday night, Gervonta became what he said he would more than 6 years ago.
He is the new face of boxing 🥊 👍🏿👏🏿💪🏿
As a restaurant owner, you don’t have to like boxing or even be a sport fan. But if you want your establishment(s) to become even better
- Back up your talk with actions
- Look for skilled people to help you do the work
- Stop assuming things are going to be given to you “just because”
- Keep at it even when plenty of others have quit
You have to know that the IMPOSSIBLE is actually possible.
If you don’t, then your restaurant will become another negative statistic and close while someone else will come in and take that spot.
Because you took too long to adjust and seek help