Odd Lots · Saturday, October 24, 2026
Richard Mott argued that independent fine dining is one of the worst industries to enter due to hyper-competition, lack of barriers to entry, and competing against operators running businesses for non-economic reasons.
“The restaurant business is one of the worst businesses to ever get in. I mean, just the base economic, I'm talking about the independent, particularly fine dining. It's one of the worst industries to ever, ever get into.”