— part of Sage Hospitality Group, which has developed and operated more than 400 hotels in 40 states — in late March when he learned that his position as senior vice president of finance would be eliminated in June.
Once the executive had come to terms with his pending elimination, he started thinking about his future. He explained that most independent restaurant owners usually own one location and wear multiple hats, in essence serving as the restaurant's entire C-suite — even large commercial property owners don't usually employ food-and-beverage professionals for guidance.In the first five weeks after his layoff and with minimal outreach, the fledgling entrepreneur said he's already signed three clients with billings approaching $30,000.
With these two new sources of income, Patel believes that at the current pace, his new ventures will soon eclipse his executive salary by a comfortable margin — despite having taken on the added costs of launching and running a business. He also believes that this initial success is the tip of the iceberg, and anticipates that these numbers will grow exponentially in the coming months, fueled by organic growth from word-of-mouth plus continued outreach to his extensive network.
"Although it's a tedious process, I loved the level of detail that went into shaping each one by hand, taste testing far too many, and ultimately seeing the reaction when guests took the first bite," Patel said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AT&T is laying off thousands of workers and shutting down at least 250 stores - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Yikes! I predict a merger is in the works. Anytime you see store shutdowns paired with layoffs, you can expect a major company is looking to merge or takeover. Our eyes are on AT&T! 📱 Saw this coming months ago. Dropped ATT in early March BEFORE Covid_19. Their customer service is horrible. I was a customer for 20+ years. Treated me like they don’t care. Sorry for the employees. CustomerService
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's best investing stories of the week ended June 16 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ......why did you use a photo of some rave... ? Day trading is for suckers These are the suckers that the 'pump and dump' big investors will use to unload their inflated stocks. That's why they are touting the 'V' shaped recovery. It's a repeat of the 2008 mortgage securities pump and dump.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How to find and build online community, according to a Salesforce SVP - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. mlaxros Building community while we're all stuck at home is so important. Thanks for the tips!
Source: BusinessInsider - 🏆 729. / 51 Read more »
BUSINESS INSIDER: Starting UpDon’t miss Yieldstreet founder and CEO MilindMehere live on the next Starting Up, at 1PM ET on June 23. He joins drake_baer to talk about how he launched Yieldstreet and grew it into one of the most innovative brands today. Sign up for a reminder here
Source: BusinessInsider - 🏆 729. / 51 Read more »