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SPEAKEASY BARS

                            How to?
  Presented by:
  Dushan Zaric
 Wednesday, Oct. 10th, 2012
Wednesday, October 10, 12
http://www.slideshare.net/dzaric




Wednesday, October 10, 12
Dushan Zaric
                            * 18 + years of Experience behind Bars

                            * Co-Owner of Employees Only and Macao
                            Trading Co NYC

                            * Principal Bartender

                            * Consultant

                            * Author

                            * Trainer

                            * Yogi



Wednesday, October 10, 12
SPEAKEASY BARS

                            How to?


Wednesday, October 10, 12
What makes a Restaurant
              or a Bar
             Successful ?


Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:




Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:




                             LOCATION
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:
                                     * Foot Traffic




                             LOCATION
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:
                                     * Foot Traffic
                                     * Corner - if possible




                             LOCATION
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:
                                     * Foot Traffic
                                     * Corner - if possible
                                     * Existing fixtures - ideally




                             LOCATION
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:
                                     * Foot Traffic
                                     * Corner - if possible
                                     * Existing fixtures - ideally
                                     * Supportive Community




                             LOCATION
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:
                                     * Foot Traffic
                                     * Corner - if possible
                                     * Existing fixtures - ideally
                                     * Supportive Community
                                     * Great deal on the lease


                             LOCATION
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:




                             CONCEPT
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:

                                   * Products (Food & Drink)




                             CONCEPT
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:

                                   * Products (Food & Drink)
                                   * Design




                             CONCEPT
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:

                                   * Products (Food & Drink)
                                   * Design
                                   * Profitability & Business Plan




                             CONCEPT
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:

                                   * Products (Food & Drink)
                                   * Design
                                   * Profitability & Business Plan
                                   * Logistics



                             CONCEPT
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:

                                   * Products (Food & Drink)
                                   * Design
                                   * Profitability & Business Plan
                                   * Logistics
                                   * Hours of Operation


                             CONCEPT
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:




                              SERVICE
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:


                                  * Team




                              SERVICE
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:


                                  * Team
                                  * Training




                              SERVICE
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                            General Formula:


                                  * Team
                                  * Training
                                  * Hospitality




                              SERVICE
Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                                General Formula:


                            +
    LOCATION




Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                                General Formula:


                            +               +
    LOCATION                      CONCEPT




Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                                General Formula:


                            +               +                =
    LOCATION                      CONCEPT          SERVICE




Wednesday, October 10, 12
New Bar-Restaurant anywhere in the world

                                General Formula:


                            +               +                =
    LOCATION                      CONCEPT          SERVICE




                                  $$$
Wednesday, October 10, 12
Marketing & PR




Wednesday, October 10, 12
Most restaurants still fail....




Wednesday, October 10, 12
"beyond muddled concepts, failure
       seemed to stem in large part from
       an inability or unwillingness to
       give the business sufficient
       attention, whether due to lack of
       time, passion or knowledge."

Wednesday, October 10, 12
Cornell University and Michigan
                  State University


         Study of restaurants in three local
          markets over a 10-year period:

Wednesday, October 10, 12
YEAR 1 - 27% of restaurant startups
  failed;




Wednesday, October 10, 12
YEAR 1 - 27% of restaurant startups
  failed;

  YEAR 4 - 50% of those restaurants
  were no longer in business;




Wednesday, October 10, 12
YEAR 1 - 27% of restaurant startups
  failed;

  YEAR 4 - 50% of those restaurants
  were no longer in business;

  YEAR 5 - 60% had gone south.


Wednesday, October 10, 12
YEAR 1 - 27% of restaurant startups
  failed;

  YEAR 4 - 50% of those restaurants
  were no longer in business;

  YEAR 5 - 60% had gone south.

  YEAR 10 - 70% had failed.
Wednesday, October 10, 12
30% Success Rate
        in 10 years

Wednesday, October 10, 12
yet...

Wednesday, October 10, 12
Wednesday, October 10, 12
Wednesday, October 10, 12
Wednesday, October 10, 12
Simon Sinek
Wednesday, October 10, 12
Simon Sinek’s




Wednesday, October 10, 12
The Golden Circle
Wednesday, October 10, 12
WHY:
   What's your purpose?
   What's your cause?
   What's your belief?
   Why does your organization exist?
   Why do you get out of bed in the
   morning?

   And why should anyone care?
Wednesday, October 10, 12
WHAT
Wednesday, October 10, 12
HOW
                            WHAT
Wednesday, October 10, 12
WHY

                            HOW
                            WHAT
Wednesday, October 10, 12
People buy “why
          you do it” and not
            what you do!
Wednesday, October 10, 12
FOOD & COCKTAILS




Wednesday, October 10, 12
FOOD & COCKTAILS




                            WHAT
Wednesday, October 10, 12
FOOD & COCKTAILS




                            WHAT
       BEST SERVICE, INGREDIENTS, ETC...
Wednesday, October 10, 12
FOOD & COCKTAILS




                             HOW
                            WHAT
       BEST SERVICE, INGREDIENTS, ETC...
Wednesday, October 10, 12
FOOD & COCKTAILS




                            ETHOS




       BEST SERVICE, INGREDIENTS, ETC...
Wednesday, October 10, 12
ETHOS

              The characteristic spirit of a culture, era,
               or community as seen in its beliefs and
                            aspirations.


Wednesday, October 10, 12
YOU

                               Management


                            Bartenders, Servers

                    Apprentices, Bus Boys, Food Runners
                       Door People, Kitchen People,
                                   Guests

Wednesday, October 10, 12
Wednesday, October 10, 12
YOUR STAFF




Wednesday, October 10, 12
Wednesday, October 10, 12
Wednesday, October 10, 12
Wednesday, October 10, 12
Wednesday, October 10, 12
YOUR GUESTS




Wednesday, October 10, 12
Wednesday, October 10, 12
Wednesday, October 10, 12
“If you hire people just because
    they can do a job, they’ll work for
    your money. But if you hire people
    who believe what you believe,
    they’ll work for you with blood and
    sweat and tears.” (Simon Sinek)


Wednesday, October 10, 12
Wednesday, October 10, 12
Wednesday, October 10, 12
?
Wednesday, October 10, 12
VIELEN DANK


  http://www.slideshare.net/dzaric
Wednesday, October 10, 12

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