Editor’s Note: Today we’re excited to present a post from Jeremy Adams. Jeremy is the President/CEO of Prestige Food Trucks, which is the world’s leading custom food truck manufacturer. In his current role as President/CEO, Jeremy manages dozens of employees, interacts with clients, and maintains a healthy relationship with all of his business partners. Since Prestige, Jeremy has launched many other successful companies.
If you are a food truck owner, then you are also a business owner, and you have to think like one. After all, you are running your own business. Therefore, you have to be more than just an otherworldly chef in the kitchen.
You have to constantly be thinking of new ways to make your business better. In the spirit of that thinking, we have come up with two invaluable things food truck chefs need to learn from business owners.
Learn these things, love these things and live these things, food truck chefs.
2 Invaluable Things Food Truck Chefs Need To Learn From Business Owners
- How To Delegate
- How To Gain Multiple Streams Of Income
How To Delegate
Every business owner should be able to relate to this: If you own a business, it is like your baby, and you treat it as such. As a result, business owners — well, at least during the startup stages — are very hands-on with their company. Not only are they taking on a risk from a financial standpoint but they are also doing most of the work.
Many business owners are perfectionists, so they are afraid to delegate; however, they know that if they truly want to grow their business during this lifetime, and get the most out of their time in the process, then they have to eventually start dishing out some of their tasks/priorities. That’s where delegating comes into play.
This same concept can be related to the food truck industry. More likely than not, you are afraid to delegate important tasks because you want to make sure they get done in a timely fashion, and the right way. As you start to grow, and as you start to gain more customers, you have to start delegating some of your tasks.
If you have dreams of opening multiple food trucks, then this is non-negotiable.
How To Gain Multiple Streams Of Income
When your money is coming from multiple streams, two things likely become true: (1) You are making more money. (2) You don’t have to rely on one individual check as much as you used to. Of course, there are many other benefits of multiple streams of income.
Now, if you are a food truck owner, then you can gain multiple streams of income very easily. You can either enter food truck events (the more you enter, the more streams you gain) or do catering gigs. You could also do both.
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When you have your normal income coming in, which is the money you make from your daily operations, and you also have money flying in from catering gigs and events, that’s when you can really start to make some serious dough in this industry.
Business owners are always looking for new ways to make more money, and food truck chefs have to follow that same guideline.
Looking to start your own food truck? Prestige Food Trucks can do wonders for you in that department.
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About the Author
FoodTruckr is the #1 online destination for current and aspiring food truck owners looking to succeed in the mobile food industry. Self described “food truck devotees,” the FoodTruckr team enjoys reading about successful entrepreneurs, salivating over photos of burritos on Twitter, and long walks through food truck parks. Chat with FoodTruckr on Facebook or check out the FoodTruckr School podcast for more awesome tips to level up your business.