Food is a very hard business to get right without experience and knowledge.

U can have a recipe and follow the recipe exactly but sometimes the taste will be off and the whole batch can be ruined 🤣🤣🤣. Sometimes like got ghost simply kacau with ur food liao, hahaha.

Taste while important, is not the only factor. A lot of things like location, promotion and even luck plays a factor.

Many times I see shop which I think the food is better has less customers than shop with more mediocre food.

after you ran your own business, come back to re-read this thread you will find out that the above is a better advice.

Learnt this by the hard way

Quality control and a genuine love of food is needed, even for "fast food" franchise. I'd argue ESPECIALLY for fast food because everyone knows how it tastes like, they expect a certain level of speed and quality

must train cooks to handle food properly n cleanly, make sure quality is consistent, and comes out on time....pay for vaccination for typhoid....learn how to handle unreasonable customers....get honest people to work at cash register...get an intelligent manager or two who have proper leadership skills...

if TS not a foodie and not a people person then going to be problem to even get past local council food safety inspection

There is a hinge called customer is king

Wait till he deals with KKM from food safety inspection then he will know difficult

Even AA trying to do food business and looks like gonna go downhill very soon

You don't need tech or pattern. That's for trader. Trader don't bother about fundamentals of company and they hol short term say few minutes to a week.
View stocks as business and not numbers bouncing up and down on your screen. If the business is good overtime the price will move up on it's own.

Your friend have been scam. Nowadays lots of people offering course say they have inside infor, special signal that will help you beat the market. All BS one. If their signal so good, why give to people? Cause they are not making much from signal but from selling the course. One course RM2k-4k. 10 people already RM20-40k.

You can learn everything you need online via blogs or youtube.

There are other ways to make money than being a trader. It is become an investor or you can go the dividend route. Buy companies and get paid to hold those companies. Over time as mentioned, good business the price will go up. Dividend received will also go up.

FYI, I spend nothing on stocks other than commission and I am generating at least RM20-30k/year off my investment. And no I never need to sell my stocks. The RM20-30k/year is from my dividends or my options premium). I am still holding on to my stocks I bought like 5-7 years back.

That's a very good idea to open a new business. What kind of business are you going to set up right now? I'm pretty interested in your business plan. For me, I already set up my business. And trying to promote it worldwide. I subscribed to the business newsletter from https://www.sebastiaanhooft.com/ The better thing is I always get up-to-date business ideas from there. You can also do it. I hope that helps!

How things going TS?
Hope you waded through the PKPs unscathed.

Seriously if you ask this , you’re not ready to start your own business.

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This post has been edited by Archemedia: Jul 17 2021, 01:44 PM