July 2012
Beginner
201 pages
5h
English
Content preview from Get Rich with Dividends: A Proven System for Earning Double-Digit ReturnsBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Marc Lichtenfeld’s Authentic Italian Trattoria
Years ago, my wife and I were in Ashland, Oregon. We loved the town and started talking about escaping the rat race, moving to Ashland, and opening a pizza place. We’ve repeated that conversation on trips to Banff in the Canadian Rockies, Asheville, North Carolina, and even Tel Aviv, Israel.
Considering that I know nothing about how to run a restaurant, would be unhappy if not in close vicinity to a major American city, and am a lousy cook, the pizza joint remained a happy fantasy.
But for the purposes of this book, Marc Lichtenfeld’s Authentic Italian Trattoria will serve as an example of a business with revenue and profits. We’re also going to assume that I’m your brother-in-law (your sister was always a very good judge of character) and you’ve agreed to become my partner in the business.
One day I come to you, my favorite brother/sister-in-law, with my plans for the restaurant. I have the space lined up. It’s in a popular location with a lot of foot traffic. I’ve been talking with a wonderful young chef who is eager to make an impression on local diners and critics. All that’s missing is start-up capital.
This is where you come in. In exchange for a $100,000 investment, you will receive a 10% ownership stake. I show you my projections: The restaurant will break even the first year, make $100,000 in the second year and $200,000 in the third year.
One of the questions you may have is how you’ll get your money back. Do you have to ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.