{"id":24656,"date":"2024-03-25T21:46:53","date_gmt":"2024-03-25T21:46:53","guid":{"rendered":"https:\/\/www.duck9.com\/blog\/?p=24656"},"modified":"2024-03-25T17:47:02","modified_gmt":"2024-03-25T21:47:02","slug":"my-food-delivery-business-idea","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/my-food-delivery-business-idea\/","title":{"rendered":"My Food Delivery Business Idea"},"content":{"rendered":"
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Nearly every month someone asks me what I think of their new food delivery idea.<\/div>\n
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If you are making the food, you have no chance as a VC-backed business.<\/div>\n
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As a bootstrapped restaurant business, you can do it. You may even make a few million dollars if you grow slow, focus on keeping quality high as you scale, and are profitable from Day 1. In 15-20 years, maybe you go nationwide – unlikely, but plausible.<\/div>\n
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It’s just the physics of the restaurant business:<\/div>\n
As you scale, your food quality goes down.<\/div>\n
As you scale, you face more competition from the broader food market (not just your niche).<\/div>\n
Even at scale, your margins still suck.<\/div>\n
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You need to be patient and methodical – venture capital is neither.<\/div>\n

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Gagan Biyani 🏛<\/a><\/b><\/td>\n<\/tr>\n
\u2066\u202a@gaganbiyani\u202c\u2069<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/td>\n<\/tr>\n
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Nearly every month someone asks me what I think of their new food delivery idea.<\/p>\n

If you are making the food, you have no chance as a VC-backed business.<\/p>\n

As a bootstrapped restaurant business, you can do it. You may even make a few million dollars if you grow slow, focus on\u2026 pic.twitter.com\/SDiChek5OV<\/span><\/a><\/td>\n<\/tr>\n

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3\/25\/24, 4:05 PM<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n <\/td>\n<\/tr>\n
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Menu Item #9<\/div>\n
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WordPress\u2019d from my personal iPhone, 650-283-8008<\/a>, number that Steve Jobs texted me on<\/span><\/div>\n

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https:\/\/www.YouTube.com\/watch?v=ejeIz4EhoJ0<\/span><\/font><\/div>\n

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Nearly every month someone asks me what I think of their new food delivery idea. If you are making the food, you have no chance as a VC-backed business. As a bootstrapped restaurant business, you can do it. You may even make a few million dollars if you grow slow, focus on keeping quality high […]<\/p>\n","protected":false},"author":1,"featured_media":24657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24656","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/24656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=24656"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/24656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media\/24657"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=24656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=24656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=24656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}