Zachary Weiner is the owner of Restaurant Accounting, a consultancy service with a specialty in helping restaurants manage their finances.
Where did the idea for Restaurant Accounting come from?
As a former executive of a restaurant, I noticed that most small restaurants do not have the proper knowledge and skills to manage their finances. As such, I find it a missed opportunity not to offer my expertise and help them improve their current operations and processes.
What does your typical day look like and how do you make it productive?
When I was younger, my grandfather told me to do something I love so that I will never “work” a day in my life. Since I love what I do, I enjoy helping restaurant owners achieve their dreams. It outweighs the early mornings and late nights I sacrifice serving my clients.
How do you bring ideas to life?
Outline milestones that would take you closer to your goal. Then, clearly define actionable steps for each milestone that would make it achievable. If something goes wrong, make countermeasures using available resources to help mitigate the problem.
What’s one trend that excites you?
The influencer trend looks promising to me. Aside from being excellent brand ambassadors, they have a massive impact on the lifestyle, political views, and overall perception of their followers.
What is one habit of yours that makes you more productive as an entrepreneur?
Plan your day the moment you first wake up in the morning. When you schedule your entire day, you are less likely to procrastinate if you strictly follow your plan.
What advice would you give your younger self?
Seek out failures and shy away from easy wins. Nothing is more satisfying than achieving something that requires tremendous amounts of blood, sweat, and tears to make compared to a relatively easy win. That said, I encourage my younger self to treat failures as a launching pad towards success so that victory tastes sweeter once achieved.
Tell us something that’s true that almost nobody agrees with you on.
Everybody should start a business. Aside from helping the economy thrive, it lets people have complete control of their time.
As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?
Invest in your personal growth. Buy self-improvement books and various webinars and seminars from gurus of topics of interest. Remember that the best asset that anyone can have is not money, but the right mindset and skill set.
What is one strategy that has helped you grow your business?
Learn as you go. Most of the time, people become scared of doing their ideas because of fear. When people dare to fail and learn along the way, it encourages growth and makes failures look small compared to the prize ahead.
What is one failure you had as an entrepreneur, and how did you overcome it?
There was a time in the early stages of my business where I can not define who my customers are, and it resulted in lost time and energy spent going in the wrong direction.
However, the moment I started picturing a clearer persona of my target customers, client-hunting became easier.
What is one business idea that you’re willing to give away to our readers?
Create a blog about your passion and make it a digital business. Technology paved the way for various niches to pop-up, but many become profitable despite the existence of millions of other blogs.
With a unique hobby, you’ll attract similar enthusiasts around the world. You’ll also gain a community that supports and educates each other along the way.
What is the best $100 you recently spent? What and why?
I value continued learning, so the best $100 purchase would be purchasing a short online course on digital marketing that is on sale because of the pandemic.
Since my business focuses on digital platforms, it is vital to stay updated with the latest trends in the industry, so I’ll know how to react to problems when they appear.
What is one piece of software or a web service that helps you be productive?
GSuite is the best productivity software there is. The Google-developed program contains various applications that allow users to create documents, spreadsheets, presentations. Files instantly connect with Google Drive for an effortless cloud-storage solution.
The best part is that it is super affordable, with a starting price of $6 per month. For bigger teams, it has higher-priced plans that promote collaboration and teamwork in a digital set-up.
What is the one book that you recommend our community should read and why?
Atomic Habits by James Clear. Mindset and healthy habits are essential in a successful, happy, and satisfying life. As such, this book contains a detailed framework that improves one’s thought process to improve every day.
After reading this book, breaking free from bad habits and developing life-changing ones became the critical lessons I acquired.
What is your favorite quote?
“If you cannot do great things, do small things in a great way.”
– Napoleon Hill
- Learn as you go.
- Seek out failures and shy away from easy wins.
- Do something you love so that you will never “work” a day in your life.
- Invest in your personal growth.
Steve (Stefan) Junge hails from Germany and helps with the day-to-day publishing of interviews on IdeaMensch. While he and Mario don’t share a favorite soccer club, their enthusiasm to help entrepreneurs is a shared passion.