Connect The Dots
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Kindle Notes & Highlights
Read between September 28 - October 27, 2017
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You need to be educated thoroughly in that line or in general.
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niche,
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I’m quite an average person, if I can do it, I’m sure every person can do it.
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horizons,
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predicament.
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Oriental Cuisines
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The turning point came one day while he was reading
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Arthur Hailey’s Hotel.
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flair
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affectionate.
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strenuous?”
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“When you enjoy doing something, you don’t feel the strain.
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“Everyday I saw people walking into the hotel, and spending so much!” In one night a businessman would blow up T 2000 on Chivas Regal and a few chicken tikkas. That was more than Mahadevan earned in a month - from both his jobs.
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An increment every three years, a promotion every decade. That was not good enough for Mahadevan.
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Brilliantly located premises came ‘free’.
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“I earned T 800 per month, so every rupee mattered. But I saw people coming and blowing up amounts equal to my entire month’s salary in a single day. I said, ‘This is ridiculous!’ That fire egged me on…”
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“We emphasised on two things - good food, and good price.
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we will not do a run of the mill kind of a thing.
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Let us tell people that for ten rupees, I can give hygiene, quality and good value for money.”
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I can’t cook, but my tongue is sharp!
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“I was a ‘cost man’,”
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“Income minus Expenditure = Profit.”
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acquainted
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The man would pull out a small notebook with a record of everything.
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What was supplied last year, at what rate, at what discount.
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“If your feedback is sensible, then people will like you, respect you, and take you as a leader. So, you have to know the job, it is not as if you have to do the job.”
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“Most of my restaurants have a glass kitchen. The moment the chef knows that the customer is looking at him, he will try to keep it clean, he will never put his fingers in
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Tic Tac - the Indian restaurant
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graciously obliged.”
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The restaurant was called The Cascade.
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food is a business where you can ‘trade on other people’s money’.
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I could do this because I looked at opportunities, and cashed in on them.”
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authentic
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but yet bring something new to the table.
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A restaurant is a risky business but if it clicks, there’s instant gratification.
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standalone restaurant,
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‘I want you to carry a smile!’ The minute you wear your jacket, your personal life is out. You might call this a plastic smile, but you have to smile. You have to greet people.”
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You have to stay within the laxman rekha.
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Kikomon soy sauce. Or even Ajinomoto.
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But there is this thing, even today, that if somebody is eating bread in South India, people wonder, “What is wrong with you? Are you sick?
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But first, Mahadevan had to sell the idea to that panel.
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pictorial
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hypothecate
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The ministry objected, “How can you put up a bakery in 800 sq ft? It is not an industry! This is cheating!”
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“70% of restaurants close in the first year. If you continue into the second, and survive the third, then it is set. That’s the goal we work with, anywhere in the world.”
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“If you give people what they need, they will come back to you.
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‘curry buns’, a snack with chicken filling.
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Then, there were queries from Dubai, and Mahadevan went there to understand the opportunities abroad.
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His own investment in each business was limited to 20%.
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“But franchising was a mistake… a BIG mistake.”