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Comment on I don't know what part of this headline depresses me the most: "52-year-old worked 90-hour weeks in an oil refinery to save money for his business—now he's worth $9.5 billion"

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AngryCommieKender@lemmy.world ⁨1⁩ ⁨month⁩ ago

Cane’s is being smart here. One of the biggest issues that a startup restaurant can have is attempting to carry “everything.” Do one or two things really really well, and have some extras that require basically no prep. This also helps reduce cleanup later.

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FlyingSquid@lemmy.world ⁨1⁩ ⁨month⁩ ago
It’s not a startup bu this point.

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- AngryCommieKender@lemmy.world ⁨1⁩ ⁨month⁩ ago
  No, but when they were a startup, that was certainly a consideration. As for now, well, why change a formula that clearly works?
  
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  - FlyingSquid@lemmy.world ⁨1⁩ ⁨month⁩ ago
    Aren’t companies generally supposed to diversify in order to grow past a certain size? I mean obviously it worked out, but I thought that was the rule of thumb.
    
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    AngryCommieKender@lemmy.world ⁨1⁩ ⁨month⁩ ago
    Diversification can be done on the back end of the business, doesn’t need to be customer facing. I’m certain that the founder has a healthy stock portfolio with his net worth.
    
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    BallsandBayonets@lemmings.world ⁨1⁩ ⁨month⁩ ago
    I have yet to see an example of a business diversifying and not getting worse. Find one thing you’re good at and do it well. Leave other things to other businesses.
    
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