Answered produced feed
D 5 · C 5 · P 5 · Cm 5 5.00
Q So, so was ice cream the, the, the main idea? Was that what you were going to do from, from the beginning? Because, because I've read that, that you weren't really sure what kind of shop you were, you were going to do.
A Yeah, we thought we would do something with food because we had always liked to eat, and we wanted to live in a college town. So we thought about picking a food That was becoming popular in big cities, but had not yet been brought to a college town. And at that time, the foods we thought about were bagels and homemade ice cream. So we, we went to a used restaurant supply store to price out bagel making equipment. This was G and G restaurant supply in Albany, New York. Lou was there. Lou was this old guy with a gold chain around his neck and a big cigar in his mouth. And, uh, he, he told us we didn't have enough money to buy bagel equipment.
AI assessment note: “the foods we thought about were bagels and homemade ice cream”
Answered produced feed
D 5 · C 5 · P 5 · Cm 4 4.85
Q And did this business plan sort of have projections, like five-year projections showing revenue and profit and loss and all that stuff?
A It, it had projections. I can't remember if it was five years. I mean, it probably wasn't five years. The beautiful thing about the business plan. So Ben and I didn't know how to write a business plan, but we, we have a friend, Jeff Furman, who, uh, is mentioned often. And, and Jeff used to work for the small business administration and In New York City, and Jeff got us a copy of a business plan That was from a pizza parlor in New York. So Ben and I pretty much copied that business plan, except every place where it said slice of pizza, we, we crossed it out and we wrote an ice cream cone. And the other great thing about the business plan was when we first wrote out and figured out our projections for how much ice cream we would sell and how much it would cost, the projections told us that We weren't going to sell enough ice cream to stay in business. So we just changed the projections.
AI assessment note: “It, it had projections. I can't remember if it was five years.”
