GoKawiilWhat began as a frustrating challenge inside his own restaurants became a company helping thousands run more profitable businesses.
Opinions expressed by Entrepreneur contributors are their own.
Key Takeaways A restaurant owner combined his passion for technology and food to address invoicing issues.
Today, more than 12,000 restaurants utilize his software to track inventory and profits more accurately.
His primary goal is to empower business owners with the confidence to understand their operations day to day.
A lawyer, a banker and a tech entrepreneur walk into a restaurant.
It sounds like the setup for a bad joke. For Bo Davis, it became the start of MarginEdge.
After selling a software company, Davis was living in London when he and two friends began talking about what to do next. The lawyer convinced the group to open a restaurant, so they hired the executive chef from a favorite restaurant, moved to Washington, D.C., and launched their first Wasabi location.
But that partnership didn’t last long.
“The lawyer lasted 60 days,” Davis says. “The banker lasted a year. I like to tell people I was clearly the least intelligent of the three, because 20 years later I’m still in the restaurant business.”
... continue reading