3 REASONS WHY BRICK AND MORTAR SUCKS (I QUIT) | E commerce vs Brick and Mortar

After a decade of running brick and mortar businesses...I wanted to share with you 3 reasons why brick and mortar sucks and why I'm shifting my focus away from them.

I've thought long and hard for the past couple months. I've even made some videos in the past about my fascination with Ecommerce. And for a decade people have been talking about the death of brick and mortar businesses and the rise of ecommerce. The whole e-commerce vs. brick and mortar conversation began.

When I look at my 7 figure brick and mortar business, I can't help but see how the business type pales in comparison with ecommerce businesses. High rent, high labour costs, and so many problems arise in a brick and mortar business. Whereas, an e-commerce business has higher returns, low rent, can scale easier, and does not need hire a large staff. For us, we hire over 100 employees. You can imagine the work required. There are just so many advantages of ecommerce to brick and mortar businesses.

For this reason, I've decided to shift my focus onto ecommerce and quietly building a new brand in that space.

In this video, I dive a bit deeper on my decision to start an ecommerce, the e-commerce vs. brick and mortar business or ecommerce vs. traditional commerce conversation, and the advantages of an ecommerce business.
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I’m Wilson, your new restaurant business partner. I’m here to help turn your food and beverage concept into a reality with expert tips & tricks for success.

My videos are based on years spent in the industry building multi-million dollar businesses, including my own international dessert chain (https://720sweets.com/) with locations spanning the globe. Since my franchise was acquired (2020) it’s been my mission to share this knowledge with people like you who have great ideas, but just can’t seem to break through. If I did it all with no experience, so can you. I know firsthand the struggles and mistakes most entrepreneurs make, and want to show you exactly how to avoid them.

I’ve helped hundreds of restaurant owners and entrepreneurs create explosive Food & Beverage businesses. You don’t have to take my word for it. I’ve been awarded Top 30 Under 30, Young Entrepreneur of the Year, Top 10 Emerging Entrepreneurs, and recently a Forbes Business Council Member.

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3 REASONS WHY BRICK AND MORTAR SUCKS
#brickandmortar #ecommercevsbrickandmortar

Видео 3 REASONS WHY BRICK AND MORTAR SUCKS (I QUIT) | E commerce vs Brick and Mortar канала Wilson K Lee - How To Open A Restaurant / F&B Shop