HelloBiz Nov2017 HelloBiz6 | Page 39

How to be a Successful Hotel Entrepreneur ? To be a successful hotel entrepreneur one must have a colossal amount of “Passion” Writen by. CHEF REETU To be a successful hotel entrepreneur one must have a colossal amount of “Passion” Now a day’s most of the restaurants, cafes and outlets follow standardized recipes. The ingredients and method are easily accessible to the Chefs, so cooking does not seem to be a big task. • • • • • • • • • Only requirement is proper training to be imparted to the food production team so that every time a dish is ordered goes in the same proportion, portion and is also presented in the same way which it has been. Set your Goal. Have a clear vision towards attaining your goal. Research before you actually invest. Risk Management: Creating a balance is a significant factor. Learn from Successful entrepreneurs and also the ones who couldn’t make it in this cut-throat competition. Be ready for the hardships. Get used to working 24 X 7 Goodwill: Build up your reputation. Customer Orientation- The Client come First in the list of Priorities. Customer Service is of utmost importance. Teamwork: Build up a strong and resourceful team. 40 | HELLOBIZ NOV 2017 • • • • • • • • • Training and Coaching of the entire staff. Uniqueness and standardization of all the Recipes. Keep a constant Check on your Budget and Expenditure. Do not cut down on Quality to gain more profits as you are under the spotlight from day one. Spot the gaps in the Market and fill them with talent, skills and ability. Be focused on both your short term and long term goals Be your own evaluator / critic. Be positive and Expect success. You must have a Mentor.