Restaurateur Harry Poulakakos reflects on his time in the restaurant business and how the U.S.’s recent economic issues have impacted the industry on ‘Mornings with Maria.’reflected on his 50 years as a successful business Friday, saying that starting his restaurant in today's challenging economy would be "impossible."
"I started my business with $52,000, me and my wife. And that's ultimately what we had. And about four weeks later, I couldn't make my payroll and I had to borrow $5,000 to make my payroll. But that's the last $5,000 I borrowed in my business. I paid back my brother-in-law, and I never had to borrow money again.
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He said “ grab ankles and hold on”. Demoncrats in the way!