LSG owner Sanjiv Goenka makes stunning overseas move, signs England legend for his franchise
ITR Filing 2025: Don't panic if you receive Income Tax Department notice, take THESE steps...
Tesla Debuts in India: Model Y SUV costs almost double than in US, China, Germany, check prices here
Wearing jeans can get you jailed in THIS country, fashion is treated like crime here due to...
Anupam Kher says he has hurt Kirron Kher, admits not being in best marriage: 'That’s why I have...'
Salt consumption among Indians is 2.2 times more than WHO limit: ICMR
Salman Khan makes BIG move, sells his 1318 sq ft apartment for Rs...; it is located in...
Who was Dan Rivera? Famous paranormal investigator died while touring with 'haunted' Annabelle doll
Ashutosh Rana addresses Hindi-Marathi language row in Maharashtra: 'Bhasha kabhi bhi vivaad ka...'
Kabir Khan backs Diljit Dosanjh for casting Hania Aamir in Sardaar Ji 3: 'It's unfair to target...'
Not Elon Musk's Tesla, Apple: Most bought US stocks by Indians in last 3 months are...
Anand Mahindra welcomes Elon Musk's Tesla in India: 'Looking forward to seeing you at...'
Top Language Learning Apps Reviewed: Which one suits your style?
Ashish Chanchlani drops new post with Elli AvRam, reveals 'Finally, we have...'
90% of Indian youth wants to work abroad, but one condition stop them, it is...
Why Startups That Slow Down Often Get Richer
Google AI Agent can fight cyber attacks, claims CEO Sundar Pichai, Big Sleep can detect and kill...
Ravi Teja's father Rajagopal Raju passes away at 90
India’s largest private bank worth Rs 1529000 crore plans to reward its shareholders with...
Israel launches attack on Syrian military headquarters in Damascus, here's what we know so far
Goldman Sachs hires new employee ‘Devin’ who has no degree, know why he threatens entry-level roles
CBSE pushes for 'Oil Boards’, healthy meals in new circular to schools: Check details
Did Deepinder Goyal-backed firm buy Bombardier private jet? Zomato founder says...
ICC imposes heavy fine on England for Lord's Test against India due to...
Ram Gopal Varma breaks his silence on criticism, says I feel nothing anymore: 'I've stopped...'
Who is ‘Grand Mufti of India' who helped halt Kerala nurse Nimisha Priya's execution in Yemen
Actress Tanya Ravichandran gets engaged to cameraman Goutham George, photo goes viral
NATO chief's 100% tariff warning for India, China and Brazil over oil and gas trade with Russia
US-India Trade: India's goods exports to US rise 23.53% in June, imports decline by...
Bajrangi Bhaijaan 2 with Salman Khan coming soon? Director Kabir Khan confirms...
Meet man, who worked as waiter, later cracked UPSC exam in 7th attempt with AIR...
THIS govt company in HUGE debt, defaults on bank loans worth whopping Rs...
Donald Trump makes BIG proposal to Ukraine over Russia war, asks Zelenskyy, 'Can you hit...'
DNA TV Show: US President Donald Trump gives Putin 50-day deadline to end war with Ukraine
Sidharth Malhotra, Kiara Advani become parents to a baby girl
BUSINESS
Growing up in a humble family of teachers in France, Nicolas discovered his passion for cooking while assisting his mother in the kitchen. This early love for food laid the foundation for his entrepreneurial aspirations.
Nicolas Grossemy, a Frenchman who founded Paris Panini, a gourmet sandwich chain, has become a rising star in India's food industry. Recently, a YouTube video by GrowthX presented his inspiring journey from a French business student to an emerging food entrepreneur, unlocking the recipe for his success.
Growing up in a humble family of teachers in France, Nicolas discovered his passion for cooking while assisting his mother in the kitchen. This early love for food laid the foundation for his entrepreneurial aspirations.
At 22, Nicolas moved to India for a master's degree. He thought of bread and sandwiches from childhood and wanted to introduce the gourmet sandwich to the Indian food market, which finally led him to launch Paris Panini.
He credits his success to a focus on product-centric branding. "Your brand name should clearly communicate what you offer," he advises aspiring entrepreneurs, emphasizing the importance of relatability and clarity in creating a strong brand identity.
In the GrowthX video, Nicolas gives insight into the cost structure in running a food outlet. Food costs are about 28%, rent 10%, labor 15%, administrative costs 10%, and marketing 5-10%. Therefore, there is a margin of about 15%, providing a clear view of the financial dynamics in running a successful food business. Among his account of tales like Peter Cancro's, the founder of Jersey Mike's, whose journey was enough to resonate with Nicolas's, Cancro bought the sandwich shop where he served at the age of 17 with a loan from his football coach. Jersey Mike's has mushroomed to become a global powerhouse, accumulating sales of $3.3 billion in 2023.
Both stories make clear how love for the sandwich and vision could be good enough to make simple beginnings amazing success.