Find what the customer needs and wants are provide these constantly and promptly

Ateneo Professor on Entrepreneurship

Rizal PHL   | November 20, 2013

                                 Cooked food added to the billiard hall business

I had a classmate who went to US Navy, retired, lived in San Diego USA for a while, and came home to the PHL.  He bought a corner lot in the subdivision where I lived, and built a 4 storey building with a penthouse.  He was able to utilize only the ground and 2nd floor.  He had fun house at the 2nd floor and several tenants at the ground floor.  However, his business seemed to flounder.  All his tenants at the ground floor left (wrong location) and his fun house which had a videoke bar and billiards drew protests from neighbors.

He converted his 2nd floor into a dormitory (at P800.00 per month, this is cheap) and his ground floor into billiards hall.  He had the flooring changed and changed the lighting.   When there were plenty of people going to the billiards hall, I suggested that they serve food and drinks.  Which they did.

They are earning more money with the food and drinks rather than from the billiards.  They are now serving breakfast and snacks

See the price list of drinks at the white board