No. of Recommendations: 4
Congrats Murph....

I've had similar experience as you did, although not in the restaurant industry.

Losing company turned into a very profitable company, $50million annual sales.

People working entry-level jobs trained to do jobs paying $50-60k. People out of high school given apprenticeships, today earning $80k. Many key people got equity stakes...their incomes exceeded $200k. TONS of income taxes paid, many local charities supported.

No money given by parents.

Raised money thru BB/T bank, paid them 15% return on investment. Great bank.

In a way, I'm GLAD that some of them like to rest on their laurels, nose stuck up, smugly proclaiming "silver spoon".... means less competition for those taking risks and succeeding!

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