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<blockquote data-quote="abhi1984" data-source="post: 1940603" data-attributes="member: 38817"><p>Just wanted to highlight this post as I thought not much attention was paid to this one. When we talk about investing it comes down to FDs, stocks, and what not. And on top most of us "dream" of having a business. while the hard fact is that business is not for everyone, I think this should also be looked at from an investment perspective.</p><p>I had once invested over 75k with a friend in a restaurant . That thing really taught me lessons about the CMMi Levels <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick Out Tongue :p" loading="lazy" data-shortname=":p" /> The whole thing became quite successful and famous because of our cook -- the star performer. We conformed to all his demands - increased pay by over 200% in 2 yrs, got him a Galaxy phone and a Toshiba LED (yeah we got a bit cheapo on that one <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick Out Tongue :p" loading="lazy" data-shortname=":p" />) The cook got a 15 days leave..and never returned. There was then a downhill and we lost considerable base and I was left with some black utensils as a collateral. A loss? Yep. Invigorating? You bet. Now at least I have a life lesson in operating restaurants if next 2008/Satyam knocks on a company near me <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick Out Tongue :p" loading="lazy" data-shortname=":p" /></p></blockquote><p></p>
[QUOTE="abhi1984, post: 1940603, member: 38817"] Just wanted to highlight this post as I thought not much attention was paid to this one. When we talk about investing it comes down to FDs, stocks, and what not. And on top most of us "dream" of having a business. while the hard fact is that business is not for everyone, I think this should also be looked at from an investment perspective. I had once invested over 75k with a friend in a restaurant . That thing really taught me lessons about the CMMi Levels :p The whole thing became quite successful and famous because of our cook -- the star performer. We conformed to all his demands - increased pay by over 200% in 2 yrs, got him a Galaxy phone and a Toshiba LED (yeah we got a bit cheapo on that one :p) The cook got a 15 days leave..and never returned. There was then a downhill and we lost considerable base and I was left with some black utensils as a collateral. A loss? Yep. Invigorating? You bet. Now at least I have a life lesson in operating restaurants if next 2008/Satyam knocks on a company near me :p [/QUOTE]
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