Podcast

3: How to Start and Run a Restaurant with Jose Bravo

I sat down with restaurant entrepreneur, founder and owner Jose Bravo of Mexican Grocery and Veracruz Mexican Restaurant and got the run down of going from the idea to start up, ups and downs of running and growing both businesses and I ask Jose why he decided to open the Mexican restaurant after starting running the Mexican grocery store, he told the market had become much more competitive in the grocery store business. He was able to see ahead that the restaurant business would most likely be a more stable business and transitioned well to that business. Of course that’s where the good cash flow, vision and experience came into play. Jose also said there is no best time start a business.

Jose is hoping this information will help other entrepreneurs grow a little faster with less bumps and maybe a little more success.

Some Takeaways:

  • Prepare for adequate cash flow
  • Clearly define your goals and set dates for achieving them
  • Learn – Learn – Learn
  • Organization is key, don’t assume that you don’t need every invoice or invoice
  • The real world is far different than what you learn in business school

I ask Jose why he decided to open the Mexican restaurant after starting running the Mexican grocery store, he told the market had become much more competitive in the grocery store business. He was able to see ahead that the restaurant business would most likely be a more stable business and transitioned well to that business. Of course that’s where the good cash flow, vision and experience came into play. Jose also said there is no best time star a business.

I ask him what other suggestions he might have for new entrepreneurs and he said to start out by using advice of professionals. The other thing was to advertise, not when you think you need it, but when business is good.

 

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