- Open a small business in a desirable location but not in a building that you own. Lease the space from another business owner.
- Sell halfway decent products but sell them to politicians, musicians, and actors so people will think your products are actually better than they really are. This will make you an "icon" and apparently that is a difficult label to achieve.
- When your landlord decides to not renew your lease so he can sell the building to a large company that will bring in more jobs and tax money to the city - pitch a walleyed fit and call up your politician friends and ask for help.
- Pass around a petition to your customers and get their friends to sign it even if they have never been to your establishment. People like to bet on the underdog and stick it to big business. You can use this emotion to your advantage.
- Turn down an offer to help you relocate to a building you own a block away from the big business that is moving into your current location.
- Find something to use as leverage. Something like a right-of-way access at the building you own that the before mention big business wants to use. Hold out as long as you can until the City Council steps in to negotiate on your behalf.
- When negotiations fail, don't give up. Apply for a gift from a city fund set up to help small businesses like yours relocate. Even though you would qualify for a loan with your assets and real estate holdings, don't bother going to your bank. They will just make you pay the loan back. Wipe out the city's fund instead. You deserve it since you are an "icon."
- Laugh all the way to the bank after the City Council cuts you a big fat check to get you to back off from the right-of-way dispute with the big business. They will realize that's the only way you will go quietly to your new location in the building that you own.
Showing posts with label business. Show all posts
Showing posts with label business. Show all posts
Saturday, August 04, 2007
Business Lessons You Don't Learn In College
I'm so lucky to have read the Statesman today. I'm sure many of you are, too. I would like to thank our City Council and Las Manitas for teaching all of us a valuable lesson in how to successfully run a profitable small business in Austin, TX.
Tuesday, June 05, 2007
$750,000 Iconic Enchiladas?
I'm sure to ruffle a few feathers with this post, but I'm going to say it anyway.
Las Manitas is not that good.
There. I said it. In the 14 years I have been in Austin I have eaten at Las Manitas a dozen times. It was always a good spot for Saturday or Sunday breakfast grease to soak up the beer from the night before. The food was okay but I don't think it's worth a $750,000 mostly forgivable loan. Every "Keep Austin Weird"-O with a business is going to want a piece of that action now. Who wouldn't? Tacos and enchiladas are worth a $750,000 payoff from the city because big bad Marriot wants to build a hotel on private property not owned by the sisters of Las Manitas?
Give me a break. What happens when The Soup Peddler gets booted from Mary St. because a condo developer wants to build on that site? Do you give The Soup Peddler $750,000 to move and remodel his soup kitchen? Hey, that guy has a good story and he is quickly becoming a South Austin icon.
What really burns my beans about the article in today's Statesman is the quote at the end from Dina Flores, the owner of the child care facility Escuelita del Alma, which is next door to Las Manitas and is also being forced to shut down. She says it does not seem right that a restaurant gets that much assistance and a child care facility does not.
I'm with you, Ms. Flores. There is not a bowl of salsa in this town worth $750,000. Kids are more important than queso. It's too bad our City Council doesn't see it that way.
Las Manitas is not that good.
There. I said it. In the 14 years I have been in Austin I have eaten at Las Manitas a dozen times. It was always a good spot for Saturday or Sunday breakfast grease to soak up the beer from the night before. The food was okay but I don't think it's worth a $750,000 mostly forgivable loan. Every "Keep Austin Weird"-O with a business is going to want a piece of that action now. Who wouldn't? Tacos and enchiladas are worth a $750,000 payoff from the city because big bad Marriot wants to build a hotel on private property not owned by the sisters of Las Manitas?
Give me a break. What happens when The Soup Peddler gets booted from Mary St. because a condo developer wants to build on that site? Do you give The Soup Peddler $750,000 to move and remodel his soup kitchen? Hey, that guy has a good story and he is quickly becoming a South Austin icon.
What really burns my beans about the article in today's Statesman is the quote at the end from Dina Flores, the owner of the child care facility Escuelita del Alma, which is next door to Las Manitas and is also being forced to shut down. She says it does not seem right that a restaurant gets that much assistance and a child care facility does not.
I'm with you, Ms. Flores. There is not a bowl of salsa in this town worth $750,000. Kids are more important than queso. It's too bad our City Council doesn't see it that way.
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