UK: COMING UP FAST - DECISIONS - PETER STRINGFELLOW - STRINGFELLOW RESTAURANTS.

UK: COMING UP FAST - DECISIONS - PETER STRINGFELLOW - STRINGFELLOW RESTAURANTS. - MY BEST ... 'To make good decisions you need a very clear idea of where you want to go. I came to London from Sheffield in 1980 because I wanted to be rich and famous and i

by ANDREW SAUNDERS.
Last Updated: 31 Aug 2010

MY BEST ... 'To make good decisions you need a very clear idea of where you want to go. I came to London from Sheffield in 1980 because I wanted to be rich and famous and it was the best place to be. I didn't really get it together here until I bought the old Talk of the Town club in 1982. Rocco Forte decided it wasn't worth renewing the lease, but I've always been innovative and knew I could make it work. Lots of people who jump on the Stringfellow's bandwagon fall off the other side because they forget that success isn't as simple as copying someone else's idea. For six great years the club made £1 million a year, all the trendiest people went there. I sold it to European Leisure for £7 million.'

MY WORST ...

'Signing the $750,000 lease on my club in LA. The recession was starting to bite and I knew I couldn't afford it, but pride wouldn't let me stop. My ego was taking over and I wanted a piece of Hollywood.

I had a great time in the States but I didn't make any money, in fact it cost me about $3.5 million. And I've missed out on some lucrative deals.

A bloke I met at a beauty contest in Iceland once offered me the UK distribution rights for Absolut vodka - you couldn't get it here at the time. I thought the bottle was pretty, but I turned him down. I've always been a Stolly drinker.'.

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