Tag Archives: Food

Balsamico And Business

The question, this Foodie Friday, is have you ever had true balsamic vinegar? Not the junk they sell at the supermarket that’s probably made outside of Italy, but true balsamic vinegar that bears a D.O.P. stamp, a European Union certification that guarantees an ingredient’s quality, production, and place of origin. In the case of balsamic, it must be made in Reggio Emilia and Modena, Italy, using traditional methods, and production is overseen from beginning to end by a special certification agency.

I won’t go into detail about the process, but the key takeaway for today is that it takes a long time to make. Like a dozen years or more. Every step of the way, the amount of vinegar in the barrels is reduced as the product concentrates. You need to take the long view of what the business will be if you’re going to start producing this stuff! It requires patience, resilience, capital, commitment, and much more.

The same can be said about a winery. Planting vines, getting them to produce, bottling and aging all take time. You need to think long-term. I think the same sort of thinking is involved when you go to make some dishes. Great barbecue takes a long time. So does a great Bolognese Sauce (even with a pressure cooker – believe me, I’ve tried!).

Whether it’s Balsamico or business, there are no short cuts. Great things take time, generally more than we’d like. As we often see in today’s world, moving fast and breaking things often results in a disaster even as the company expands rapidly. The fall is often as fast as the rise.

Maybe my thinking is more tortoise than hare, but I’m a believer in taking the time to get things right. I play the long game. As with balsamico, you need to commit to the process, as do all the stakeholders. There’s a reason the good vinegar sells for $200 an ounce, and once you’ve experienced it you’ll understand the difference between it and the $16 bottle you get at the supermarket. Greatness takes time, both in the barrel and in business, right?

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Filed under food, Thinking Aloud

Passover Baking And Business

This Foodie Friday, we are most of the way through the period during which observant Jews don’t eat leavened goods. That means no bread or anything else that involves flour or anything that could make the baked good rise. Think about anything that you bake. I’m guessing that it has flour or baking powder or baking soda or yeast. All of those things are big no-nos to those that observe Passover.

I’m not a baker, as I’ve written before, but since I’m often tasked with preparing the food for Passover I’ve learned quite a bit about baking during this time of the year. Oddly, it doesn’t really require a huge shift in your thinking these days since many people are on some sort of gluten-free diet. That accounts for shifting away from flour and into things such as finely ground nuts, which are totally fine for Passover. In fact, my Aunt Ileen’s nut cake was always in demand and it wasn’t until recently that I realized it was gluten-free. Who knew 30 years ago when I got the recipe from her!

How do you make cakes rise with no leavening agents? Whipped egg whites will get the job done. Everything becomes a sort of chiffon cake (or a tart of sorts). Then, of course, there are things such as macaroons (not the delicate French kind) that are just scoops of coconut or almonds held together with sugar syrup and often dipped in chocolate.

What does this have to do with business? While the easiest thing to do at this time of the year is not to bake due to the conditions having changed, instead people learned to adapt. If you have anyone with gluten intolerance in your life, you may have already begun to make that change, not realizing that it would come in handy in other situations. Businesses need to be prepared to do this sort of thing as well. Markets and business conditions are constantly shifting, and the ability to adapt and change is one of the most important things a business can have. Maybe it’s a supply-chain disruption. Maybe it’s the loss of key personnel or of an important client. Continuing on in your business, even if you have to make product changes to serve the customer, is paramount at all times of the year, unlike Passover.

I’m very much looking forward to getting back to leavened bread but I’ve come to appreciate what we can learn from how the rules shifted this week. You?

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Filed under food, Thinking Aloud

The Buffet Bill

Happy Foodie Friday and a Happy Easter and a Zissen Pesach to those of you who celebrate one or the other (or both!). I spent much of this week in Las Vegas, one of this country’s great food cities. I know – how can I say that about a town that’s built pretty much just to separate you from your money? Well, you gotta eat in between all of that spending and it seems as if every big name chef has a place in Vegas. There is also an awful lot of great local places too.

While the food is very good at most places in town, it’s pretty expensive. Obviously, the high-end, big-name chef places are pricey but even some of the small local joints I patronized ended up costing quite a bit of change. While I realize that the prices I pay in my little North Carolina town aren’t “big city”, I’m quite used to NYC pricing since that’s what I paid my entire life. The prices in Vegas are beyond that when you total up all of the ala carte items you order.

One thing that’s a real tradition is the Vegas buffet. Every hotel has one and there are many stand-alone buffets in town as well. They’re not inexpensive either. The one at my hotel was $31 including the tip. Yes, even bottomless mimosas! As I was running through the massive food service area (for the third time), I realized that I’m very much a buffet guy and I think most consumers are too.

What I mean by that is that we seem to be living in an age where everything is ala carte. Your airline ticket may be your protein, but you might want some veggies (an assigned seat), a salad (a checked bag), and a starch (fuel surcharges, booking fees, etc.) which will make up the real cost of your meal.  Sure, your hotel room is $139/night, but the “resort fees” and fees for things like having a safe in your room or built-in tips for the housekeeper can inflate your bill quite a bit.

Everyone complains about what most ticket services tack on to the base price of a concert ticket. Look at your cable or telephone bill and I’m sure you can find quite a bit of dough you’re being charged that takes your monthly tab beyond the advertised price that drew you in as a customer in the first place. I’m a buffet-pricing guy. Tell me the entire price upfront and let me decide. Sure, the lower price might get me in the door once, but the anger I feel when I see the final bill will assure that I won’t be back.

You might be fine with ala carte pricing. In theory, I am too because why pay for something you won’t use? The problem is that you really don’t have the option. When an airline charges you for carry-on bags or for checked bags, there is no “option” unless it’s a day trip without luggage. You’re paying the fee. why not include it in the price?

Enjoy your buffet this weekend!

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Filed under food, Helpful Hints, Reality checks