7 or 8 years ago, on one weekend night, me and three friends decide to go hunt down the first Botak Jones in Pioneer Sector One to see how the original stall taste like.
We spent like 2 hours driving in Jurong / Pioneer and finally found it. Turns out, that stall used to serve the community working in those industrial parts of Singapore, and when the community doesn’t work, the coffeeshop doesn’t work!
We ended up going to the one at Depot road for dinner. The wait is crazy long but it was worth it.
Yahoo yesterday ran the story of Bernie, who ran the chain of Botak Jones, on their new eatery at Big Bern’s American Grill.
Apparently, they got into business problems and now, at the age of 63, they are starting over. While folks are getting ready for retirement, they have to clear a six figure debt.
This sort of explains why, suddenly, I don’t see any Botak Jones around anymore.
Real business is tough. When we were about to graduate long time back, so many would say, while we are young, can afford to fail, we should try our hand starting our own business.
The returns rate is high but the success rate are likely to be much lower.
However, when you learn how to fish, you are likely to always have the chance of starting over. In the case of Bernie, the cooking, the know-how to run a small eatery, the costs and estimation that goes into it, will stick with them.
It is the same as other forms of investing. If you are greedy and want to be part of a mastermind group or a paid access group just for the stock tips and don’t want to learn how to fish, when the pillar is gone, your world comes crashing down.
Since then, I am a born again conscious food eater. I don’t agree with the food. I admire the creativity of the dishes created. This is a shout out for them in hopes that they cleared their debt.