Question of the week #29
Aside from investments, have you ever been tempted to start a company? In what industry? For what purpose?
I have been tempted to start a company many times. I still have a passion for the brick and mortar space. I have always wanted to open a place that is a life style store around food. A place where people can pick up their goodies to make or buy something already made. A place that serves three meals included snacks but is mellow and communal. The restaurant that sits inside a deli/store that also sells art and trays.
The reality is I know exactly the time and energy that I'd have to put into it. It might happen it might not. Never say never. Right now I am working on the businesses that I have invested in and thinking about how we will have complete flexibility in our lives in another year or so and what will that mean.
One step at a time.
Comments (Archived):
I love that you see change as an opportunity to be embraced – which is exactly as it should be!
Big fan of change
Have you checked out http://formaggioessex.com/? Never been to their NYC location, but the two in Boston/Cambridge are hands down the best in the city.
It would be a great space if you did. Love that concept, too. Why do you think spaces like Market Table and Northern Spy Food Co scrapped the market aspect and floor space? Dollars to Sq Ft ratio?
They probably all scrapped the concept b/c of the dollars to sq ft ratio but I believe there is a way to do it. Go take a look at what the new Lobster Shop did in Chelsea Market. There has to be a feeling of community and remember NYers like to buy ready made products more than the ingredients so balance there is key too. Moving the inventory but listening to the customer it important as well. Don’t let anything sit there for more than a certain amount of time and move it out. Have the next person who touches the item after two weeks get a 30% discount. Lots of thoughts on this.
being an empty nester is different. our kids went to college and my wife went through a big transition that she is still managing. I don’t mind being an empty nester. It’s just finding your way down the path.
Interesting concept. The name “galstaurant” comes to mind when I think “gallery” and “restaurant” and “gotham gal”.I had a tenant years ago who rented a space to open a gallery and leased out the rooms to artists. She initially would display the work of the tenants but it turned into a real gallery and she became the decider and they are still open to this day many years later. This was at the beginning of the “Philly First Friday” galleries in 1991.http://artistshouse.com/
that’s cool