❌

Normal view

There are new articles available, click to refresh the page.
Yesterday β€” 4 March 2025Main stream

A millennial living in Beijing missed his hometown flavors. So, he opened a restaurant and started serving them himself.

4 March 2025 at 17:39
Two men standing in front of Beijing restaurant Yunnan
Wu Zhixun (right) left his acting career to open a restaurant in Beijing with Qu Fei (left).

syrenchanphoto

  • Wu Zhixun left his hometown and his job at a local bank to spend his 20s pursuing an acting career in Beijing.
  • He entered his 30s ready for a career change and noticed Beijing lacked the flavors of his hometown.
  • One year after opening his restaurant, Wu, now 31, says he has made back his initial investment.

Wu Zhixun stumbled into acting by accident when he was a young adult. Years later, a similarly unexpected turn of events led him to open β€” and become the face of β€” a popular restaurant in Beijing.

In 2013, the sporting brand Li Ning was sponsoring university basketball games across China. They chose Wu to appear in an ad. Soon after, people started recognizing him on the streets of Yunnan, the southern Chinese province, where he'd grown up.

After graduating, he got hired by a local bank, but six months in, a video-streaming company asked him to appear on a reality TV show in which he'd be cooking for celebrities.

"I thought it was a scam at first," he told Business Insider. But they offered to buy him a flight to Beijing, 1,500 miles northeast of Yunnan, so he quit his job and dove into the world of acting and television.

Wu Zhixun, former Chinese actor.
In college, Wu was asked to appear in an ad. After graduating, he worked briefly at a bank before moving to Beijing to pursue a career in acting.

Wu Zhixun

Career shift into F&B

Over a seven-year acting career, Wu appeared in three TV shows and a Huawei campaign.

In 2017, after his mother was diagnosed with breast cancer, he returned to Yunnan for a year and a half to spend time with her.

While he was back home, he invested money into two F&B ventures, neither of which panned out.

The first was a snack shop. Wu and three partners each invested 100,000 yuan into the shop, which sold chicken feet, rice noodles, and mango rice. The shop shuttered after six months.

Next, he invested 50,000 yuan in a Japanese restaurant. Within three months, the restaurant closed. Looking back, he said he could see the problems were with the location and the management.

The restaurant was tucked away on the second floor of an office building, and no one on the management team had any experience running a kitchen. They didn't know how many ingredients to order, and they often sold out of popular dishes before the end of the day.

The interiors of Can Bistro  in Beijing
Wu says he made all the interior design decisions for Can Bistro.

syrenchanphoto

Bringing the taste of home to Beijing

At the end of 2018, Wu moved back to Beijing. Within a couple of years, he met his partner, and they started discussing the idea of starting a family.

He wanted more career stability and was tired of being an actor. "You're always waiting to be chosen," he said.

While living in Beijing, he spotted a market opportunity to serve authentic Yunnan food.

"Yunnan flavors are textured," he said. "There are sour, fragrant, numbing, spicy notes, and these are all from natural plants."

Restaurants in Beijing just weren't getting the flavors right β€” so he decided to launch his third F&B venture.

He needed money for the initial investment, so he sold an apartment his mother had given him and invested 600,000 yuan into the restaurant.

His mother was against the idea of him selling. "My mom needs to know something will have a 100% success rate before she'll do it," he said.

Restaurant owner Wu Zhixun serving a drink at Can Bistro
Wu invested 600,000 yuan to open Can Bistro.

syrenchanphoto

Hands-on management

It's been almost two years since Wu, now 31, began planning his restaurant, Yican, or Can Bistro in English. He works with a business partner, Qu Fei, who invested an additional 400,000 yuan into the business.

Learning from his previous business failure, Wu knew he wanted to open the restaurant in a busy area. He chose a commercial business park in southeast Beijing, near Sihuidong station.

They hired Yunnan chefs and slowly renovated a space that had previously been a clothing store.

Sour bamboo shoots at Can Bistro in Beijing.
Can Bistro's sour bamboo shoots and water spinach is a dish not often eaten in Beijing.

syrenchanphoto

The restaurant has been open for about a year. When BI visited the restaurant in early February, all 10 tables were full by noon.

Can Bistro is a dog-friendly restaurant, and a Bichon FrisΓ© and a Schnauzer were among the guests. Diners sat on rattan chairs, eating from speckled black ceramic dishes. Steaming bowls of sour papaya fish, spicy beef, stewed chicken, and crispy tofu covered the wooden tables. Some guests washed down their meals with Asahi beer and natural wine from Yunnan.

A meal for four typically includes around six dishes. The stewed chicken, 68 yuan, has become popular. The potatoes fall apart, and the meat is perfectly tender. The sour bamboo shoots and water spinach dish is an uncommon combination in Beijing, but popular among the Dai ethnic minority in Yunnan.

Can Bistory in Beijing with diners.
Can Bistro is a dog-friendly restaurant.

syrenchanphoto

Beijing's changing food scene

Over the past five years, Beijing's food scene has seen waves of restaurants open and close. "Ninety percent of bistros close in their first year," Fiona Wu, a sales professional working in Beijing's lifestyle industry, told BI.

In order to make it in the Beijing market, Fiona said restaurants need to be popular "from the beginning."

And that's where it came full circle for Wu.

"It was about looks at first," Fiona said of Can Bistro's popularity. "The look of the place, the restaurant decor, and the bosses' being handsome, attracted users on RedNote," she said, referencing the popular Chinese social media app.

Shortly after opening, Wu's marketing team posted a series of candid photos of its owners on the Chinese social media app. The photos had captions like, "Not drinking coffee unless a hot guy has made it for me." Wu said that people who saw the restaurant online began to come in person.

"Without that marketing campaign, they wouldn't have gotten so much footfall in the beginning," Fiona said.

One year after opening, Wu said he and Di have made back their initial investment. Wu said that in the summer, lines often form outside the restaurant.

Can Bistro outdoor window in Beijing
Wu said that in the summer, lines had formed outside the restaurant.

syrenchanphoto

Running the restaurant has meant both Wu and his business partner have had to learn each other's way of doing things.

Wu says he's happier now. He visits the restaurant every day β€” and still has time to play basketball twice a week.

"It's a world away from when I was at the bank."

Read the original article on Business Insider

Before yesterdayMain stream

Why an 81-year-old restaurant owner in Florida isn't ready to retire — despite being a millionaire

2 March 2025 at 01:01
Jack Bishop
Jack Bishop says he works to keep his mind alive and maintain connections with others in the business.

Jack Bishop

  • Jack Bishop, 81, continues to run his seafood buffet in Florida and has no plans to retire.
  • Bishop has run restaurants since the early 1970s, some of which have survived hurricanes.
  • Despite financial security, Bishop said he works to keep his mind alive and maintain connections.

Jack Bishop, 81, still places huge orders of crab legs for his seafood buffet in Florida β€” and isn't planning to stop anytime soon.

Bishop, who runs two restaurants in Panama City Beach, has worked in the restaurant industry since he was a teenager, operating several businesses and amassing a seven-figure net worth. Even though he could retire comfortably, Bishop said he wouldn't know how to spend his retirement years after many decades running his businesses.

Bishop said he's working into his 80s to "keep my mind alive" and continue pursuing his passion, more than six decades after his first dishwashing job. He said he's been so integrated into the community, served countless customers, and helped so many younger people get ahead in life that he wouldn't retire unless he physically couldn't anymore.

Do you have a story to share about working into your later years? Please fill out this quick Google Form.

Bishop is one of a few dozen older Americans who told Business Insider in recent months that they chose not to retire even when they have the financial means to. Some said work gives their life greater purpose, while others said their social life is healthier while at the office. Most said the added financial security has made them confident they could more easily get through periods of unexpected financial stress.

Humble beginnings

Bishop, a Michigan native, worked as a dishwasher as one of his first jobs and learned butchering techniques from his father. He got a college degree and enlisted in the Air Force after college, serving during the Vietnam War. He was stationed at Tyndall Air Force Base in Panama City, Florida, getting paid $86 monthly β€” not enough to cover his car payment.

After four and a half years of service, he borrowed some money to open a restaurant with built-in space for live entertainment with two partners in 1971. He ran the business for about 40 years before it closed over a decade ago.

The area wasn't too touristy outside the summer months, and he opened a second nightclub around that time to generate additional income in the slower seasons. He described his business as a nightclub with food options later in the evening. He said the business peaked at about half a million dollars in profit annually but has since closed.

Some of these previous businesses also survived two hurricanes and a fire, and he received thousands in FEMA funds to help rebuild.

By the 2000s, tourism rapidly grew in the area, and he became more involved with the local community to build tourism opportunities. He noticed hundreds of rental units built each year, which he said has helped his businesses stay afloat in the winter.

Bishop opened a few other restaurants in the area, including Capt. Jack's Family Buffet in 2000, which has two locations and is the remaining business he runs. However, instead of working on the floor, he took a more administrative role after hiring more managers for the day-to-day tasks.

"My plan was to be retired at 55, but I felt like I was in my prime, and we were doing great," Bishop said. He added that he took his $4,000 monthly Social Security checks at 70.

Few vacations and long days

Bishop, a father of two, said he often sacrificed vacations for his businesses.

"It's a tough life because you always work on holidays and weekends," Bishop said. He added, "I didn't travel either because when you're in the restaurant business, you're 365, 24/7."

However, he's taken joy in training high school and college students. He paid his core employees for the months the business was closed outside the peak tourist season, which he said cut back on his turnover rate. His son, who started working at his restaurants as a busboy when he was 12, is now a general manager of one of his restaurants.

"I have people today who have worked for me for 35 years," Bishop said. "At one time, we used to do a million dollars in the month of March, and it was 57% net," referring to the business' profits.

Bishop said he's worth a few million dollars, though he doesn't spend much of it. He said he gets bored easily and rarely takes vacations. He didn't completely shy away from luxury, as he owned boats and an RV, though he said life has otherwise been modest.

Though he's not working the floor, he still purchases food for the buffet, totaling about $5 million yearly. He said his connections to many restaurant providers and community members are why he hasn't retired.

"I still work with Excel and PowerPoint, and I'm fairly computer-literate for an 80-year-old guy," Bishop said. "We have more tools today, and if you really know what you're doing, you almost can't fail."

Read the original article on Business Insider

❌
❌