I haven’t been writing lately because I didn’t quite know how much to divulge about what was going on behind the scenes. And quite frankly, that’s all well and good. After all, this blog is meant to illuminate, not stew, fester or track the divergent inner-workings of a lone mind.
That said, I do have some bullet points to share about things that have happened in the last few months.
In short, I veered from the law school path and took a good faith interest in pursuing restaurant-related business opportunities with my dad. I took great pleasure in the idea of creating new things, building upon decades of his hard work and, in a sense, coming full circle with something that’s been a part of me for all of my life. There were great ideas tempered by realistic financial limitations but fueled by optimism and passion nonetheless. We crafted business plans and weathered a torrent of naysayers but found solace and greater hope from longtime supporters. We got knee deep in it all.
Loved ones backed us up in selfless ways.
Then the whole thing fell apart. And like any disorienting jolt — I found myself numb and motionless with nothing to do but plunge into deep thought.
I emerged with clarity and quite frankly — relief. Becoming a restaurateur wasn’t the right thing to do.
Thankfully, I found myself living just a few blocks from the University of St. Thomas School of Law, an institution with a rising star here in the Twin Cities. I applied and just accepted a tremendous offer to attend. In the meantime, a fantastic mentor appeared to me and helped me sort out some of the reservations I had about a legal education. Call it more due diligence. I am eager to begin this path. I will write more about my excitement about law school in another post!
Now, some of the random bullets from this experience and hopefully many new posts will follow. Because now, there is nothing to hide.
- The Credit Crisis is [Still] Real: Banks are really hard to deal with. If you lack deep pockets and a sterling record TODAY, there’s little hope in getting financial institutions to take a moderate risk on you, Mr. Small Bussinessperson. We know. We approached about seven.
- Due Diligence is King: You know that cliche about skeletons in one’s closet? Whether it’s purchasing a piece of commercial real estate or musings about changing course in life: emotion, passion and desire should never occupy the top-wrung on a decision-making ladder. NOTHING beats exhaustive, objective fact-finding. You might just find that someone is about to saddle you with a couple hundred thousand dollars in judgments and liens!
- Belief in Signs is Okay: If, on the way to a business meeting to discuss a new project, a red Mini Cooper with white accents (making it resemble a stop sign) pulls in front of you causing you to T-bone said little car at no fault of your own — it is okay to conclude that some greater power is trying to tell you “STOP!”
- Faith Yields Sanity: Amid the tumult, having faith in a higher power that good will come from a course you don’t seem to have much control in shaping is about all you can do to feel good. And as things calm, that faith is typically rewarded.
- If It’s Pie you Desire, Get a Piece of This: The credit card processing fee business is the biggest racket I have ever seen in person. Talk about getting something for nothing. Every time you use a credit card at a small, family-owned business, just know that mom or pop behind the sales counter is crying a little inside with each swipe of a magnetic strip. Once the vultures caught wind of a possible new business, the calls came pouring in. Stop calling now.
- Community Stakeholders Rock: Despite the economy, some communities still have amazing cheerleaders working damn hard to lure new business and prop up the existing ones. These people do thankless work. If you think you’ve benefited from someone like this, I urge you to seek out that person and give her some thanks. Though we won’t be part of one community, we felt welcome the first instance we showed interest.
- Nickels and Dimes Add Up: Soon I will be a lawyer-in-training. But that won’t stop me from saying this: good grief, my heavens! I have no problem paying for good judgment. I’m just glad I now know personally what it costs to engage a judicious mind on the phone for a matter of seconds. I’ll be more judicious in making those calls in the future.

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