Opening a new restaurant or bar has its challenges, restaurants fail for a variety of reasons from management inexperience, to poor accounting, to sub-par food. With varying data on first-year survival rates, the trend shows that most restaurants close within the first year, and 70% of those who make it in the first year will close their doors within the next 3-5 years.
With the motto “Failure is not an option” entrepreneur Ron Coury developed many businesses in the Las Vegas area, including restaurants and bars. You can imagine his frustration as he was met with the unexpected challenge of not being granted the proper licenses from a corrupt councilman who turned out to be a future competitor in the business. Ron didn’t let this stop him, overcoming this major obstacle and others proves his tenacity and drive for success in business. He tells the story in the newly launched and highly rated Tenacity: A Vegas Businessman Survives Brooklyn, the Marines, Corruption and Cancer to Achieve the American Dream.