Q: Company name :


Q: Your name :

A: Lenny Dumoff

Q: The first section contains mandatory questions. Kindly give our readers an introduction to your business. Please include what your business is all about, in which city you are located and if you have offices in multiple locations/cities. :

A: is an online retailer of Bar and restaurant supplies. We are a one-stop shop for planning, equipping, and supplying commercial kitchens in bars and restaurants.

Q: Kindly give us a brief description about yourself (it should include your brief educational or entrepreneurial background and list some of your major achievements).

A: Me and my brother Danny have worked for Economy for over 40 years. Our father founded Economy, so we grew up with the business.

Q: What inspired you to start a new business venture or make significant changes in an existing business? How did the idea for your business come about?

A: Bar and restaurant owners are turning to online vendors more and more. Although we are still primarily a brick and mortar business, the future is on the internet. is the future of our business.

Q: What three pieces of advice would you give to budding entrepreneurs?

A: 1. Be patient. Success does not happen over night.

2. Invest in good employees. Hire people who know more than you in their specialities
3. Focus on your most valuable customers. Focus on those customers who will come back to your business over and over again.

Q: What would you say are the top three skills needed to be a successful entrepreneur?

A: 1. The ability to anticipate the future and plan
2. the ability to learn new technologies quickly
3. The ability to recognize talent in other and recruit those talented people.


Q: How many hours do you work a day on average?

A: I work about 10 hours per day on average

Q: To what do you most attribute your success?

A: I think I contribute our close relationship with our customers to our success. When you create a relationship that is beneficial to your customers , they come back again and again. They’ll also bring new business in the form of referrals.

Q: How do you go about marketing your business? What has been your most successful form of marketing?

A: We have a marketing firm handling our marketing,

Q: What is the best way to achieve long-term success?

A: The best way to achieve long term success is to plan and be flexible with your plans.

Q: Where you see yourself and your business in 5 – 10 years?

A: I can see being the more profitable end of our business in 5 to 10 years

Q:  Excluding yours, what company or business do you admire the most?

A:  I’d say Chickies and Pete’s, a chain of sports bars in Philadelphia.

Q:  The next section contains recommended questions. How important have good employees been to your success?

A: Employees are very important to the success of my business. Their contributions shape everything from customer service to sales.


Q:  How long do you stick with an idea before giving up?

A: Very long. encountered HUGE roadblocks before it went live. basically, we had to stall our go-live date by over 8 months because of certain fundamental problems with the site. But we stuck through with it and got those problems fixed. If you believe in something you have to be willing to keep with it until the end.

Q:  What motivates you?

A: Success, money, and providing a comfortable life for myself and my employees.

Q: How do you generate new ideas?

A: I like having powwows with my team. We have some really creative types at and those kids come up with some great stuff.

Q: How do you define success?

A: Success is when your dream begins to pay for your preferred way of life.

Q:  How do you build a successful customer base?

A: When we have a large job at a restaurant or bar myself or my brother show up in person. Our customers like this personal touch.

Q:  What has been your most satisfying moment in business?

A: Closing deals with large restaurants and seeing the launch of

Q: What do you feel is the major difference between entrepreneurs and those who work for someone else?

A : Very little. I think this is a complicated questions because opportunity, personal, financial circumstance, and just dumb luck are generally what separate entrpreneurs and others.

Q: What kind of culture exists in your organization? How did you establish this tone and why did you institute this particular type of culture?

A: is a very laid back environment.

Q: In one word, characterize your life as an entrepreneur.

A: Amazing.

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