I wasn’t referring to NCAA March Madness. Some of you have been asking me for current status on the Mozzeria restaurant project. Last month has been quite challenging but it has definitely been a learning experience.
After meeting with food industry and real estate professionals, discussing with city officials on permits, and conferring with financial advisors to review the Mozzeria business plan, the startup costs weren’t what I first thought. I started scrutinizing details and logistics to make sure that every nut and bolt is covered in the budget so there wouldn’t be any BIG surprise later on.
There have been times when I doubted myself for pursuing the project, knowing there would be obstacles down the road. I wondered if I was being crazy for pursuing an expensive dream or if I should resort to playing safe by looking for a 8-5 job with benefits? If I do that, I will never know if I am built to be an entrepreneur. I know that I am in same boat with some of you, but how did you manage to go through the process? I keep telling myself that tomorrow is a new day and if you are struggling, these struggles are good.
As I had mentioned in previous posts, the banks don’t make any loans to startup businesses. I am now exploring and seeking other ways to get funding to launch Mozzeria. I have to be more creative and think out of the box. In the meantime, I am continuing research on locations, and searching experts in their fields to join my team.
I love these inspirational quotes:
Go confidently in the direction of your dreams. Live the life you have imagined.
~ Henry David Thoreau
Go back a little to leap further.
~ John Clarke