--- title: "Meaning & Key Takeaway of: They all went into the bar business…" description: "\"They all went into the bar business. Which was a mistake, because they began to sip at the merchandise and it set them back, set us all back. Well, the..." image: "https://sms4smile.com/quotes/i/b45/frank-mccourt-2576_business_they-all-went-into-the-bar-business-whic_72773.jpg" --- # They all went into the bar business. Which was a mistake… ![“They all went into the bar business. Which was a mistake, because they began to sip at the merchandise and it set them back, set us all back. Well, them more than I.” quote by Frank McCourt](https://sms4smile.com/quotes/i/b45/frank-mccourt-2576_business_they-all-went-into-the-bar-business-whic_72773.jpg) [Download](https://sms4smile.com/quotes/i/b45/frank-mccourt-2576_business_they-all-went-into-the-bar-business-whic_72773.jpg) [Open image](https://sms4smile.com/quotes/i/b45/frank-mccourt-2576_business_they-all-went-into-the-bar-business-whic_72773.jpg) > “They all went into the bar business. Which was a mistake, because they began to sip at the merchandise and it set them back, set us all back. Well, them more than I.” [Frank McCourt](https://sms4smile.com/quotes/author/frank-mccourt/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. A misstep in diversification caused a collective setback, highlighting the risks of straying from core strengths. **In simple terms:** Diversification can backfire. Key Takeaway Stay focused on core competencies. Themes risk business strategy focus learning consequences Mood cautious reflective Type observation lesson When to use this quote - expanding into new markets - launching unrelated product lines - pivoting business model Key Concepts diversification core competency strategic error Practical Applications - strategic planning - risk assessment Questions to Reflect On - What core strengths are being neglected? - How can you test new ventures before full commitment? ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Failure](https://sms4smile.com/quotes/about/failure/) [Mistake](https://sms4smile.com/quotes/about/mistake/) ## Related quotes > [Everything has to be perfect in my business. 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