If the cooks at KFC know the recipe why don’t they start their own business?

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Mudassir Ali 8 months 1 Answer 119 views

Answer ( 1 )

  1. Oh man , that’s such a bad question…

    First of all , I want to say that I’ve known people that worked for big companies and knew how to make everything and they still did nothing with that knowledge.

    Second – I know people that actually have BETTER formulas than KFC or Coca Cola – and their product is actually BETTER. Yet , they cannot compete even slightly with any of those companies…

    The reason for that is the same reason that no one can compete with Starbucks. I mean , go open a store , buy some coffee machines and sell good coffee… it’s no secret – why can’t you start your own business and take Starbucks off the market by selling better coffee for cheaper ? shouldn’t be that hard…right ? there is no recipe here…do it !

    My mom actually does much better chickens than KFC… better recipe – better ingredients – better everything. Yet , I’ve done nothing with that because having a good recipe or a better product in general does not mean you could build a successful franchise around it… there’s much more to it than that. And it requires a lot more as well.

    Just to give an idea – when I wanted to open my own restaurant, I needed like a million dollars investment for that… I tried then to open a small place in the mall – they wanted $8,000 a month rent for a tiny place – plus all the equipment and misc expenses- I would need at least $100,000 investment , to put aside for this – try it for 6 months and see how it goes. Small tiny place in a good mall… yet , you need so much investment. There is a lot more needed than a good recipe…

    And lastly – I make my own Soda drinks; I use much better ingredients than Coca Cola – all natural and organic , with real fruit – and it tastes AMAZING. Anyone tasting my sodas loved it way more than Coca Cola and some parents that never let their kids drink ‘this poison’ (Coca Cola drinks) – DID let them drink MY sodas…

    Do you think I can compete with Coca Cola now ?

    Sure… but I’ll need like 100 millions to start with… 😉

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