"How were you able to start this with only $20,000?"
The restaurant business is particularly hard to break into: you need to rent the space, purchase all of the equipment (each piece of industrial kitchen equipment can run from the single to double digit thousands), furnish the interior, get certified, hire employees and stock perishables (including dishes), all before you can even serve one customer.
Not really - I know someone in the town where I went to school who opened a coffee shop using a combination of cash and credit cards at that level. She now owns the building the shop is in and a home in Hawaii. Not VC riches or anything, but not bad either.
Well, a restaurant isn't the only business venture an individual can get into. Just the other day I saw meme-photo (can't vouch for the validity/truthfulness) about a woman that made money at the beach by attaching balloons filled with margharita mix over her breasts. And charging party-goers (probably mostly male) for the chance to drink out of them.
Ridiculous and asinine example, but I bet she started off with no more than a hundred dollars in capital. Which means that entrepreneurship, and ingenuity are what's most important. Capital will follow.
Do you libertarians even listen to yourselves? The amount of disease that would spread... "hustling sketchy shit" is not a sustainable model of entrepreneurship.
Do you communists even listen to yourselves? He never said he was a libertarian. And where the hell do you get this "hustling sketchy shit" from? Do us a favor and reply to the comment, not whatever your mind twisted it into.