I love cooking and I love people loving my cooking. However, I don’t like getting told what to do for long term, so working in a kitchen or restaurant is probably a bad position for me. I’ve given years of thinking about working or running a food truck with a rotating menu. It’d be cool to travel around and see different people a day enjoying my different dishes, but I’ve never actually heard the everyday ins-and-outs of working in a food truck. What are some experiences (good or bad) working in a food truck that you could share?
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I see… thank you. I have a lot to think about
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And that 10% is still 8 hour days.
Don’t turn your hobby into your business.
This statement tells me more than what most people could tell me. Cheers, my friend
Happy to help!
Still better than turning your business into a hobby… which is what happens to most food trucks that want to become trendy.
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That and a rotating menu likely adds overhead costs as it prevents you from specializing (skills, equipment, and ingredients acquisition)
That’s good advice. Thank you
Alternatively, if you really prefer the rotating menu thing you could forget the food truck and do a supper club. Typically a reservation-only, once a week or once a month thing, or whenever you have time. If you could find a small local farm to partner with, they may be able to offer you dining or cooking space in return for showing off their veggies or something.
I don’t know about food trucks in particular, but I recall reading that restauranteering is a very competitive business, that the average lifetime of a restaurant is something like four years.
kagis
This says five years:
https://www.perrygroup.com/foodservice-expert-overview-on-how-long-restaurants-last/
Of those restaurants and foodservice businesses that made it beyond a year, 70% failed within the next 3 to 5 years. Of those that made it beyond then, 90% remained successful and stayed in business longer than 10 years. There is a more recent article this week in The News Press that reports similar results that our foodservice expert report concluded more than a dozen years ago. This excerpt, along with the full story, shows times have not really changed that much as a restaurant management consultant and what you can learn from these Florida restaurateurs: “According to therestaurantbrokers.com, the average restaurant’s life span is five years with up to 90 percent of independently owned restaurants closing in year one.
Holy fuck. No bueno. So you’re saying it’s not a long term career?
What are the numbers for other startups? As far as I recall, the numbers for non-food businesses are in the same ball park. I.e. founding a successful company is difficult.
It’s hot as balls.
Haha. This is a good tip. Thanks, bud
I started to turn my hobby into a business 17 years ago. 5 years later it became my main occupation. I don’t spend a lot of time on admin, maybe 15% top, because over the years, I made it a strategic game to streamline my processes, and I pay an accountant to help me with the taxes and other similar things.
It’s awesome to be paid to do what I love to do. How much time is too much when you do what you love? Just remember to balance your life after your business is stabilized, so that you have other hobbies on your time off. Also, make space for the important people in your life.
Expect to work all the time in the first few years though, so plan accordingly, for example, if you wanna have a social life, weave your business into it. If you wanna take some time off to play a game, bring your partners into the game.
Don’t worry, after your business is stable, you will get actual time off.
I suspect the “don’t turn your hobby into a business” idea was originally dreamt up by some business owner who didn’t want their employees to leave for a better life, and then we accepted it because it seems to make sense. It sure delayed me for years, before I decided to make the big jump.
That being said, I hear restaurants have low profit margins especially in large urban areas, so if you go for it, make sure to keep your costs extra low.
Spend time becoming extremely good at something you enjoy (and that your community needs) and you will find some people with disposable income will pay you to do it, because they want something good And they can afford it.
