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by mattnewport
3148 days ago
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A point that Gordon Ramsay makes is that consistency is more important than peak food quality for a restaurant. Occasionally serving bad food does way more harm than occasionally serving amazing food does good since many customers will not return after one bad experience and you won't establish regulars if your quality is not consistent. What McDonalds and Starbucks do well is produce consistent (though not particularly high) quality at a price people are willing to pay and with staff who are not coming on board particularly well trained or talented. They also systematize / automate a lot of the other things you mention. |
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At some point in your life `Money` isn't really a problem anymore. What is more of a concern is the quality of the experience and the food. Considering if you've had a good, over-all happy meal then you don't think about the money and cherish the experience. On the other hand if the experience and food is sub-standard or poor then you hate it more because not only have you wasted your money but you've wasted your time and also other people time.
One thing I would say to restaurant owner's is procedures, standards, and having consistent meals is more important than anything. When taking my family out to a restaurant I just recently had a investor meeting with and the food is amazing and then the food is sub-standard then I feel cheated.