Always can appreciate the side hustle. I've been a Chef for almost 20 yrs in restaurants and having a private chef/catering business. I would strongly tell you to look into food costing. If it costs you 1,000 to purchase and cook your BBQ for a wedding you should be making atleast $3500-4k for that gig. This will put you at atleast a 25-30% food cost. This way you are making a substantial profit to keep the business afloat. You should never be spending $1,000 of product and making $700. Just wanted to share that. Always make sure you are serving the best quality above your competitors so you can stand firm on your price.

@PracticalPersonalFinance

3 жыл бұрын

Thanks for watching and for the awesome input!! I will definitely pass your comments along to Austin and I know he will truly appreciate it!! :)

@donkeycheese9104

2 жыл бұрын

I was shocked when I heard his numbers too. 700 bucks is poor margins off of 1k of meat

@hooksrub

2 жыл бұрын

So true

@IzzyEatz

Жыл бұрын

I agree with this chef on pricing should make $2000-2500 on a $1000 food cost job

@mbaron4311

10 ай бұрын

Wedding I just went to served pizza and it was minimum $25/person with increases for travel.

Good video! You asked some great questions! Thanks Austin as well, success stories are the best!

Based on this interview and quick google search it seems that his BBQ business is no longer operational. Sad to see small businesses fall. I know my comment is a year late, but food cost should never exceed 1/3 of costs. General rule of thumb is that you if you are charged 300, then you have to charge 900 for the business to not flounder.

A really great video. That's been so helpful 🙂

This is very inspirational. We are in the start up process for our business. Thank you.

@PracticalPersonalFinance

3 жыл бұрын

Appreciate you watching and best of luck with your business! Let me know if you have any questions, I'm working on more content for new small businesses coming soon! :)

This is an Awesome Interview .Really assisted me in figuring out why I started My catering service and how to present to others .Thank You and Goodluck!!!😃

@PracticalPersonalFinance

3 жыл бұрын

Hi Anterika, thank you so much for watching and I'm really glad this helped you! I'll pass it along to Austin, he'll be really happy to know it. All the best to you!

I’m guessing he saw Kosmo’s Q making that bbq on the Googan Squad fishing channel.

@PracticalPersonalFinance

3 жыл бұрын

I think I remember him mentioning that! Thanks for watching. :)

Great video!!!

@PracticalPersonalFinance

3 жыл бұрын

Thank you!!

Very good video sometime in the future I would like to catering as a side Hustle, right now I sell plates every other weekend👍🙏

@PracticalPersonalFinance

3 жыл бұрын

Thanks for watching Manny! Glad you found the interview valuable! I'll pass your comment along to Austin. :)

@craigdixon1243

3 жыл бұрын

I'm thinking of doing the same

Hey, I am looking at starting a side hustle, I am obsessed with bbq and where I live in the UK there is not much around !! This video was super informative and answered lots of my questions keep up the great work!!!

@PracticalPersonalFinance

3 жыл бұрын

That's awesome Dale!! Thanks so much for watching and I hope you are able to start a successful BBQ business!

@Bigtinycrawler

2 жыл бұрын

Where are you based Dale? I'm doing the exact same thing now, already sold out several weekends doing it from home

HellaDope bro I started my journey 2 weeks ago

This was a great interview and story. Entrepreneurship is awesome. I love some good bbq myself!

@PracticalPersonalFinance

3 жыл бұрын

My mouth was watering when he sent me the photos!

Bbq catering Should not be considered a side hustle go all in I have Been in the game since 2003

@Ambassador

Жыл бұрын

Finding my way in.

I have always wondered how these guys doing it as a side hustle, how do you get around the food safe certificate?

You missed one big aspect of any business - government permits. That’s the business license and health permit. Is he operating out of his backyard? Is it legal in his county/state?

@PracticalPersonalFinance

3 жыл бұрын

Hey Steven, thanks for watching! I believe Austin is operating out of his back yard as you suggested he might be. I'm not sure what licenses or permits he has, nor am I sure what may be required in his home state of Kentucky. You raise a great point though, and that is to make sure you look into the proper licenses and permits for whatever type of business you may be starting. I agree wholeheartedly!

@stevenckaroly

3 жыл бұрын

@@PracticalPersonalFinance This is especially true in states, like my home state of California, that overly regulate food service businesses. Recent introduction of cottage food laws relaxed the ban on operating a food business out of your home, but only for certain non-potentially hazardous foods, like a BBQ rub blend. In California a caterer must operate out of a commissary, which adds to the cost of doing business.

@brmhandle

2 жыл бұрын

Many states in the Midwest and south have cottage and homesteading rights, meaning that as long as you’re making the food on your own property, pretty much anything goes and the customer assumes all liability

What kind of bbq smoker did he have?

Sorry people... BBQ Catering is NO side hustle. It takes a lot of time, work and dedication.

Bruv, are you related to stevie T?

@PracticalPersonalFinance

2 жыл бұрын

Ha, I wish! That guy totally shreds. Maybe I'll have the chance to collab with him someday. :D

I can make any where between 3k-5k in a weekend

@hanoitripper1809

2 ай бұрын

How

@maylonjones

2 ай бұрын

@@hanoitripper1809 catering ?

His wife tried to get in the way of his hustle. Bet she's enjoying the money now. Stay single men. You'll have much more money.

"I'm an online pastor, so Facebook is king for me" Church of Facebook--hahaha!

Completely irresponsible to not address licensing or regulations for a food service business. You must have health permits, liability insurance, register to collect and remit sales tax to the state and local governments. Not to mention all the regulations of hiring employees: income tax, worker’s comp insurance… Oh and $1700 on $1000 food cost is insane: 59% food cost?!?! Do one google search or talk to one restaurant owner and see that food cost should be less than 30%. And that catering gig you sold for $1700 a year ago? Now with inflation/supply chain/COVID the food costs $1200 or more, you still gotta buy disposable dinnerware, ice, wood… have fun working all weekend for free in your new side hustle!

@texasowl5356

2 жыл бұрын

Yeah this was a poor interview on both ends. Did more harm than good for Austin’s image in my mind.

@PracticalPersonalFinance

2 жыл бұрын

Stephen, thank you for watching and leaving such a thoughtful comment! I agree that it would've been a good addition to ask Austin about any licenses and permits, but if I recall I decided not to since the requirements vary so widely from state to state, and due to the time constraints of the interview. Rather than getting into the nuts and bolts of how he runs his business, the purpose of this interview was to hear his story and provide inspiration to others that it's possible to start a similar business of their own. Although I did not ask him questions about taxes, licenses, permits, and insurance, I made the assumption that Austin, and anyone else who wishes to start a catering business, has done or will do the required due diligence and take the proper steps to operate that business in a legal and responsible manner. Additionally, with regard to pricing and profit margins, at the time of this interview Austin's business was still relatively new. Even if he had to work 2 full days in order to deliver on that catering order, his profit was still $700 - and there are a lot of people out there who would be willing to spend a weekend doing something that makes them happy for that kind of money. Is it sustainable long term? Probably not. But I remember a time when I was getting started in the video production business and I offered to make people's wedding videos for a mere $550; and I spent a lot more than two full days on each wedding. Did I stick to that pricing long term? Heck no. But it allowed me to gain experience and build relationships that would later allow me to make a side hustle in college into my full-time job afterward. We all gotta start somewhere!

Sellimg home cooked meat is illegal in kentucky and probably most or all US states. So this entire interview is promoting an illegal activity.

Video is too long winded and goes over info that is irrelevant.