Shocking opportunities of the Coronavirus and Global Recession for restaurant owners and entrepreneurs...
*DISCLAIMER* I'm not a medical professional or economist so for most accurate advice please refer to the CDC and WHO
This video is filmed March 2 2020.
Around the world, the Coronavirus has made Chinese restaurants ghost towns and affected millions of small businesses. With all this fear and panic happening, it has been reported that some Chinese restaurants are seeing as high as 70% sales drop. Some are forced to lay off workers and close down.
Although Chinese restaurants are feeling the brunt of this, know that a virus knows NO BORDERS and sees NO SKIN COLOUR. The business ramifications will leak onto other restaurants as people continue to be fearful of going out to eat and gather.
But as one person sees all the NEGATIVES of this, there is another who sees THE POSITIVES OF THIS.
As a business owner, I see the opportunities in all the fear and panic from this pandemic and global recession. Cause as Warren Buffet says, when everyone is fearful, you should be greedy. It is the prime time to use the fear as your advantage as things are cheaper and in favour of the growing trend to food delivery.
Life is all about how to react to problems. It is up to you how you react to this global phenomenon. Just know that riches are made in recessions.
So if you are a restaurant owner, restaurateur, food entrepreneur, small business owner, want to open a restaurant, want to start a business, then now is the time.
*Note: no way am I belittling the drastic and devastating effect both the coronavirus and recession has done and can do to people's livelihood and the lives taken.
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[COMMUNITY] Profitable Restaurant Owner’s Facebook Group - [ Ссылка ]
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I’m Wilson, your new restaurant business partner. I’m here to help turn your food and beverage concept into a reality with expert tips & tricks for success.
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