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Well I thought I would share a project I am undertaking, got a business loan plus savings and put it in a Modern Fine Dining restaurant. Emphasis on guy food so Black Angus steaks, Wague burgers, Italian pastas....

https://instagram.com/filwa_gourmet?r=nametag

I am not a fan of social media, but it is a must for any modern business. I will be updating that as we go along.

The dream is to one day have several branches across the globe, where I can travel and manage them.

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Certified watch nut.

Very cool! I will be following along. I quit my job like 5 years ago and bought a restaurant. Bought a 2nd one 2 years ago. Now developing a new concept that I want to get off the ground this year so I very much admire and relate to your dream! Best of luck with the new venture!!

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Exciting project, Altair — best of luck!

Hope all goes well with your new ventures, too, natesen.

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Cheers,
Jim

Good to know another restaurantuer is on board! Best of luck to you as well!

It is rather daunting isn’t it? A million moving parts and it seems everything breaks down sooner rather than later, and we haven’t even opened yet!

Still, it has been a long-standing dream.

Forgot to link to my website:

https://www.filwagourmet.com

Let me know what you guys think and if you have any comments or suggestions. I’m all ears!

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Certified watch nut.

Thank you!

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Certified watch nut.

It is a huge venture to undertake and you are correct in that there are a million moving parts and details that all need attention for it to all come together properly. Both restaurants I have were existing when I bought them so I have yet to actually go through with opening a brand new one like you are doing right now. I'm working on that currently but I am definitely further behind in the process than you are right now!

And I don't have a restaurant background at all and came from the finance world so it was definitely a learning experience going into the first one. But I honestly really enjoy doing it and hope to continue growing in this industry and hopefully never having a normal job again haha.

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I have the utmost respect for the both of you. Running a restaurant, much less two is a daunting task. Here in the states statistics indicate that over 50% of new restaurants fail within the first 12-18 months. Altair, I wish you luck in the opening of your restaurant, I just love a good piece of prime rib! Natesen, continued success with both of your establishments. Drop me a line with the names and locations, I am always on the road and I travel by my stomach, not an atlas!

Yes, it is a very difficult business, profit margins are low too, 8% average. Not to mention the complexity of daily operations is truly maddening!

That said, the real pleasure in executing a restaurant is the possibility of delighting people, I never see people quite as happy as when they go out to a great restaurant. The anticipation of the upcoming great meal, the joy of companionship, the relaxation in a great setting, its wonderful if done right and I really am looking forward, when all is said and done, to walk in my restaurant and see people laughing and enjoying themselves in a fashion I designed. Truly a dream!

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Certified watch nut.

Awesome looking place Altair! If I ever find myself in KSA I'll definitely drop in for a bite!

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Driver8

Site Moderator

It would be an honor and a privilege to serve our esteemed moderator!

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Certified watch nut.

Very exciting indeed, Altair. What are you doing marketing-wise? May I suggest checking out Gary Vaynerchuk and what he has to say on that front. You won't regret it, I promise. The man lives and breaths entrepreneurship and marketing and gives all his info for free.

looks stunning. Just FYI on your home page, is says "deadest" when I think you meant "dead set". Every little bit helps....

Thanks for the heads up!

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Certified watch nut.

We have started posting pictures of our dishes!

https://www.instagram.com/p/Bu1kcTGh5ur ... qgen92t1xe

Very exiting!

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Certified watch nut.

Thanks very much for the hint, I will check him out for sure!

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Certified watch nut.