I love business plans. I've killed a lot of ideas because I couldn't make them work on paper.

This has to make money, otherwise it will become the worst job in the world.

I'm a big fan of "Bar Rescue". There are countless episodes where someone opened the bar because they like bars, and it became the worst decision they ever made. Jon Taffer will tell them if you like bars, then make your ultimate bar in your basement, and have buddies come over, and don't have the actual business kill you.

That quote literally inspired me to create my basement arcade that looks just like my version of a real business, but isn't.

I applied this "triple it" rule to a new business investment, and it is saving my ass. Of course the costs have spiraled out of control, but I steeled myself for triple so it's under budget. And the investment works at "triple it", and if it didn't, I wouldn't have done it.

When I first came to Pinside, there was a thread like this, and Lloyd was there, and I immediately thought "wow, this guy is too negative for me" but then I realized he was trying to save people a lot of pain.

I really appreciate what you bring to the conversation, Lloyd. You are the real deal.