Restaurant Ownership
Restaurateur’s 30 Hour Work Week Challenge
If you worked a 30-hour week, what would you do with the extra 10 or 20 hours you just gave yourself? “Oh, I have a big list – can’t wait to be there. And I’m thinking about calling Matthew so I can be there sooner.” … Continued
10 Ways Restaurateurs Give Themselves a Raise
When was the last time you gave yourself a raise? The one you earned for increased performance. I meet a lot of well-known restaurateurs who proudly and confidently identify their businesses as “great.” They’re so great that, at first, they don’t even know why they … Continued
Restaurateurs This is the Most Important Thing to Do on Labor Day
It’s Labor Day – the holiday dedicated to the American worker. Many people don’t think about the meaning of the day (if they ever knew it in the first place). And that’s what happens to a lot of our holidays. They morph into days of … Continued
Restaurateurs: Stop Hiding and Seek Your Greatest Restaurant Success
People think that what got them started will continue to be a foundation of their future scaled success. Those people are wrong. When you add something you did not have at the beginning – when everything was new and exciting – you create phenomenal success … Continued
The Surprising Reason Overly Dissatisfied and Overly Satisfied Restaurateurs Have the Same Problem
Are you overly dissatisfied – feeling things could be better, but not quite sure how to make them better? Or are you overly satisfied – so happy with the great life you have built for yourself that you don’t pay enough attention to making your restaurants even … Continued
Restaurant Owners – Don’t Ignore the Signpost to Your Freedom
When you reach a certain level of success, it’s OK to run that victory lap and settle in to being an owner, not an operator. One multi-unit owner I know has done this so well they consider their job “playing restaurateur.” Be more like them. … Continued
Top Things Professional Restaurateurs Refuse to Compromise On
For successful restaurateurs, there was a grueling period at the beginning when they really did have to work all the time. The most debilitating mistake people make? They don’t even notice when that time ends, so they keep running that schedule out of habit. Life … Continued
Join Industry Leaders This Weekend in Houston
If you are anybody in our business in and around Texas, your usual mid-July habit is to head to Texas Restaurant Marketplace. That is where you’ll see new products and hear a wide range of speakers (including me) present new ideas about how to operate … Continued
How Restaurateurs Avoid the Perils of Owning the Only Company They’ve Ever Known
Sitting in the dining room of one of my clients, we tried to figure out what this super-successful business leader had in common with some of my other clients. Then it hit me – he had never worked in a company he didn’t own! I’ve … Continued
Meet Me in Houston and Learn Secrets to Make Your Culture Boost Profits
In the past I have proven why culture provides 100% of your profits. That’s a lot. I constantly work with my clients – successful owners of independent restaurant companies – to define their culture in a permanent way. This lets them direct the behavior of … Continued
When (and When Not to) Grow Your Restaurant Group
Proof of concept. Knowing your restaurant brand has legs – that its single-unit economics can be repeated and repeated and repeated – is like that can’t-fail feeling Hillary Clinton felt the night before the election. In the end, proof of concept doesn’t prove that … Continued
Restaurateurs: Why Your First Day Back From Vacation is the Most Important Day of the Year
Break old habits. Start new ones. That first day back from vacation offers you an incredible opportunity to do both – to adopt new behaviors and see breakthrough ideas and initiatives you definitely want to take advantage of. If you tend to rush into a … Continued
How Top Restaurants Increase Revenue in Any Market Condition
Many restaurateurs sleepwalk through writing their budget every year – forecasting menu price growth, inflation, or market growth as a revenue target. The best ones choose to wake up, and do a lot better than that. Revenue can always go up – faster than you … Continued
Why Top Restaurateurs Know There is No Shame in Getting Better
You already know about the missing pieces in your organization. You experience nagging discomfort like a pebble in your running shoe or worse, a self-critical voice that hounds you about addressing them. This will impact you especially if you have a lot of pride in … Continued
Smart Restaurateurs’ Guide to Hiring Your First Operations Director
Most of my clients guide teams in their multi-unit organizations through their next stage of growth, management development, concept development, branding, or culture. However, a few still are hands-on operators of their own restaurants. When that changes – when we improve everything by hiring the … Continued
What Subway’s Problems Teach About Dominating Your Restaurant Segment
If you are in the restaurant business, you have to pay attention to the problems (and solutions) at Subway. You can learn two gigantic things from this amazing business story. First, for those of you on the top, pay attention: When there’s innovation in your … Continued
Top 10 Actions That Make People Love Your Restaurant Brand
The smartest restaurateurs know that they are not in the restaurant business—they are in the branding business. According to the Forbes 2018 World’s Most Valuable Brands list, the top five brands are Apple, Google, Microsoft, Facebook, and Amazon. However, these brands all experience a red-faced love/hate … Continued
How Restaurateurs Use Time in Their Dining Rooms to Stay Unbeatable
What do your experienced eyes see when you walk through your dining rooms? The staff fastidiously on task? Dreaded empty tables when you’re on a wait? Your trusted long-time expeditor making sure food does not sit in the window too long? Craving data and KPIs, … Continued
The Wonderful Return Restaurateurs Receive from Soft Costs Related to Growth
Most of my clients are in a conscious evolution phase – having realized a portion of their growth potential when I start with them. But some – high volume single units ready to start growing – are anticipating that exciting and initially mysterious time. One … Continued
Two Essential Ways Restaurateurs Enjoy Their Time Away
Google the term “work life balance.” You will get two billion results. That’s fast—and a reminder of why we need work/life balance. Forty years ago, when the term “work/life balance” began to pop up in our conversations, people lived in a telex, mainframe, and WATS line world. … Continued
Why Top Restaurateurs Triumph Over Fear and Run Open-Book Companies
We’re used to talking to management teams about store-level profit, restaurant profit, restaurant operation profit, or whatever term we use. You know, the number before occupancy, A&G, depreciation, and amortization. It’s what these people master, your bonus program may be based on, and something they … Continued
The Secret to Transforming Your Restaurant Company Without Increasing Your Workload
“Just how much of my time is this going to take?” the successful owner of an independent multi-unit restaurant group asked me when we started working together. This happens often when I am about to start work transforming a business. I could see the fear … Continued
Proven Methods to Protect Yourself from Gambling on Growth
My favorite time in the restaurant business is any period of growth. The future is exciting. Everything is possible. The smell of carpet glue and fresh paint is in the air. The chance to do it right from the beginning is intriguing and motivating. Common … Continued
The Biggest Restaurant Company Mistakes I Have Ever Seen
“Can you believe my company? I bet you’ve never seen anything like it.” I hear that all the time. “We have things we have not addressed for years. We are successful, but we could be doing so much better.” After almost three decades advising owners … Continued
The Five Best Things I Told You This Year… And Why
When you use one of my many suggestions to improve your business and your life, that makes it all worthwhile to me—and extremely gratifying. If you are regular reader of this newsletter, you are appreciated! Thanks for following my work, keeping in touch, and sending … Continued
How the Best Restaurateurs Go Big and Avoid the Small Decision Trap
If you really want to make progress, grow your company, preserve your free time, and build wealth and happiness for yourself and others, pay attention to the big decisions. In Greg McKeown’s book Essentialism, one graphic I really like illustrates how one big decision can … Continued
Top Restaurateurs Know There is More to Life Than “Good”
It turns out you can have your cake and eat it, too. In fact, you owe it to yourself! My clients prove that every day, when we improve their businesses and lives. After all, there is no point in being successful if you cannot enjoy … Continued
12 Disciplines for Ultimate Restaurant Success
Do you know what a “five-tool baseball player” is? It’s someone with speed, arm strength, good fielding ability, and the ability to hit for both average and power. Put all those tools together and you have a player custom built for success. To succeed as … Continued
How Unconventional Restaurateurs Avoid Fooling Themselves
Most of my clients, who are successful owners of independent multi-unit restaurant companies, do not have an MBA. And they never even cut their teeth in the corporate world—they just opened a restaurant and it went from there. Many of them are unconventional leaders. I … Continued
Restaurateurs: What’s Really Driving You?
As an owner of a successful multi-unit independent restaurant company it is important to understand what motivates you so you can be intentional in that regard as you develop your business. If you don’t know that, you could be working randomly — or, worse, against … Continued
Attention Restaurateurs: An Appeal to Take Better Care of Yourself
Why are restaurateurs better to their guests than they are to themselves? If you know me well, you know that is the question I suggest you ask yourself every day. The great Debi Saltzberg recently interviewed me for her podcast, Just Forking Around, and we … Continued
Remembering the Great Restaurateur Mr. Jim
G. “Jim” Hasslocher — my client, who was founder and chairman of Frontier Enterprises in San Antonio — passed away back in November, 2015. Known to all as “Mr. Jim,” he began his hospitality career in 1947. Today, Frontier Enterprises operates 24 restaurants (most of … Continued
Business Lessons Taught by David Bowie
On January 8, 2016 David Bowie released his 25th album, Blackstar, which debuted on the charts at number 1. Two days later, he died from a cancer that, it turned out, he had been fighting for a year and a half. Blackstar was literally his pre-planned farewell to … Continued
How to Fully Staff Your Restaurants
We have all seen the forecasts. They are all the same: In the coming years there will not be enough employees to staff our restaurants. The idea of an ample labor supply is as archaic as phones connected to the walls by wires, 13-column pads, … Continued
Three Things Successful Restaurateurs Focus on at Election Time
In this month’s QSR Magazine, I’m quoted in Kevin Hardy’s article — “For Restaurants, What’s Changed Under Trump?” — in which industry experts discuss what has changed for them during the Trump administration and how the upcoming midterm elections might affect them. With an election … Continued