Gut Instinct vs. Data: How Bar Owners Make Better Business Decisions

SEP 21, 202613 MIN

Description

Running a successful bar requires more than trusting your gut—and more than blindly following the numbers.  In this episode, I break down how bar owners can use gut instinct and data to make better business decisions, including what experienced intuition actually is, where your instincts can mislead you, and what your bar data can and cannot tell you.  I get into using data for pricing, menu engineering, labor scheduling, inventory, marketing ROI, and performance decisions while using experience and instinct for hiring, culture, guest experience, concept decisions, and major changes.  I also explain why your gut should be treated as a hypothesis rather than a conclusion, how data can confirm or challenge what you believe, and what to do when your instincts and your numbers disagree.  Because the best bar owners don’t blindly trust their instincts or their spreadsheets. They know when to use each one, and when a major decision requires both.  📌Start Here Own, run, or manage a bar? Join Bar Business Nation. An EXCLUSIVE private Facebook group for bar owners and operators who want better ways to run the business. Ask questions, hear what other owners are dealing with, and get ideas you can actually use. 🔴Join here:  → https://www.facebook.com/groups/barbusinessnation 📌Additional resources 🔴Grab the books “How to Make Top-Shelf Profits in the Bar Business!” and “Menus that Sell” here: → https://barbusinesscoach.com/book/