Apr 13 2008
Karaoke Bar?

I’m not sure I want to open a karaoke bar anymore. I talked to a few friends and I’m pretty convinced that it won’t be a good idea, because people go to bars to socialize-not sing. Besides, the crowd I’m aiming for-college kids- really don’t dig karaoke that much, well the majority: The Asian crowd is crazy about karaoke but that’s less than 20% of the population.
I still want to start a bar though! I’m 100% sure I don’t want to work for a corporation after college. I don’t like taking orders, or working under somebody. It really sounds like I’m a really stuck-up person, but I’m not! I have plans in the future to travel around the world, and working 9-5pm isn’t going to cut it. The average salary for an undergrad is 46k with benefits. I’ll admit 401k plans are badass, but I don’t like the fact that I’ll be earning 30k+ after tax. That’ll take me years to earn enough money to live out my dreams! I don’t feel like climbing the corporate ladder either, that’ll take forever; by the time I’ll be 40, I’ll be making 100k, how wonder.
Bar is a perfect business for me to start. I like drinking, hanging out with people, and staying up late. Yeah, I know I won’t be as much fun as I think it is, but I’ll be ready for it. Time to use my accounting, financing, marketing, and website skill to start a killer bar! I’m estimating I’ll start it next year, which will give me enough time to read and learn how a bar works. I don’t even know any mixed drinks yet!
Wish me luck.
Yeah.



