Monthly Archives: September 2020

The “Stuff Got Real” Moment

I’ve never jumped out of an airplane and I probably never will. I’ve had a number of friends who have done so, however. Most of them were excited about making the jump but even they had what I call the “Stuff Got Real” moment. OK, I usually use another word in place of “stuff”.

The moment comes when they reach the open door, feel the wind rushing by, and look down. That’s when whatever fear they have hits them. My guess is that there’s something in our DNA that says leaving a perfectly good aircraft when it’s several thousand feet above terra firma isn’t so smart but our DNA doesn’t know about parachutes.

That same SGR moment is something I deal with on a regular basis. The folks I work with to help them change their lives through business ownership inevitably hit the SGR moment as they realize that they can change their lives and live their dream. They have the money, we’ve found a business that they like, the numbers work, etc. That’s when they hit the open door.

No, they don’t see the ground. In some cases they know they have to leave a job even if it’s one they hate. In others, it means they have to invest (read that as risk) a chunk of their life’s savings in their new venture even if it’s a venture that dozens or hundreds of others have proven to be successful. It’s scary and because of that, quite of few of the people who travel this road with me vanish at this point. They quit returning calls and emails. They go back to what Thoreau termed their lives of quiet desperation.

Maybe it’s a good thing. Starting your own business, even one that’s an established business model with a known brand is hard. Sure, you’re given an operations manual and a marketing plan. You’ll be trained by people who have been running the business for years. You might even have a mentor assigned to you for a period of time to guide you. That’s all well and good but YOU have to stand in the open door and jump, even though you’re strapped to people who have made the jump many times before. You have to commit to the jump and not everyone can do that.

I tell myself when a prospective owner balks or disappears that they are probably part of the 99% for whom business ownership isn’t the best path. Lately, I’ve taken to warning folks early in the process that they’re going to face the SGR moment and I’m here to help as are any franchisors we decide to investigate. Hopefully, that helps when the wind hits their faces and just maybe they step through the door. Could you? Let me know if you want to try.

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Filed under Consulting, Franchises, Thinking Aloud

Everything’s Right

Foodie Friday again, thank goodness. My friend Barry is a restaurateur. He runs a place in Georgia and their tagline is “Everything’s So Right.” There is a lot of wisdom packed into those few words (very much like Barry!) and I got a chance to see that sort of thinking first-hand this week.

I went out with a friend for a beverage. We hit one of our usual haunts and she ordered something that she’s had there before. Unfortunately, what arrived at the table wasn’t even a close approximation of what she was expecting.

We said something to our server (our usual seats at the bar wouldn’t permit social distancing so we took a table) who mentioned that the drink was made by someone our friend, the head bartender, was training. She also immediately apologized and asked what else she could bring instead. Her attitude was one of sincere regret as if she had personally disappointed instead of just delivering a badly-made beverage. She wanted to make everything right.

Making everything right is long-term thinking. The problem in this case wasn’t a bad drink. What would have become the problem would have been the server not taking immediate steps to fix the problem with a customer-friendly attitude. In business, we don’t get in trouble for the things we do. More often than not, it’s for the thing we don’t do. That might be why we visit this place at least once a week.

There’s another restaurant in town that offers the best Chinese food in the area. It’s authentic and as good as I’ve had in NYC’s Chinatown. I rarely go there because the service is unapologetically atrocious. You can wait for an hour for your food to arrive even when the place is nearly empty. It certainly doesn’t take as long to cook as it does to arrive. Does anyone seem to care about making everything right? Nope.

Screw-ups are a fact of life no matter what business you’re in. 99.9% satisfaction means that 1 person in 1,000 is going to have an issue. If you go to sleep thinking that one person is far outweighed but the 999, you’re not going to sleep very well for long. Making everything right has to be the gaol in a time when everyone has access to social platforms and review sites. More importantly, it’s the right thing to do. When people spend their hard-earned cash on your product or service, they expect you to solve whatever problem – hunger and thirst in this case-, brought them to you with a smile. If everything’s not right, you haven’t, have you?

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Filed under food, Helpful Hints

9/11 19 Years Later

Flag of the United States

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No Foodie Friday post today. I try to keep those light and today is not really a day for lightness. I’m reposting something I wrote 9 years ago on the tenth anniversary of a day that changed this country and the world, and not for the better. As I read it again, not much has changed, unfortunately. Take a minute or two today and think about that day and all those who were lost and who’ve been lost since as a result.

 

Today, this isn’t about business. If you want to skip it and come back in a couple of days, I understand. See you Tuesday.

I’m publishing this on 9/11, 10 years after a horrible day changed the world forever. I’ve spent a good part of the day thinking about the subsequent decade and how it was so very different from the 4 others in which I’ve lived that preceded it and I want to use today to share some of those thoughts. I also know we don’t do politics here – I think today we will, although hopefully in a non-partisan way.  So here are a few things I remember most about 9/11/01.

First, how beautiful the weather was that day. My commute brought me into Grand Central Station and as I walked into the sunlight and smelled the air with the smallest traces of Fall in it, I thought about how the weeks after Labor day are the best time to come to NYC. I now think about 9/11 every time it’s a really nice day.

I also thought how nice a day it was going to be for flying. A few work colleagues and I were going to San Francisco that afternoon out of Newark. We were originally going out on a morning flight but realized our meetings were later the next day so we changed flights a week earlier. Spooky.

Finally, the main thing I recall about 9/11 was 9/12.  And 9/13.  And many days thereafter.  It was about how for one of the few times in my life, the entire country came together as one.  No Democrats, no RepublicansAmericans.  I felt it in the emails and calls I received from concerned folks from all around the country and from other countries.  As a New Yorker, you saw it in all the folks who came to help from all over.

That all changed later and was, in retrospect, probably only a Band-Aid on some wounds that began to fester some time in the 90’s.  But MAN, it felt good.

That’s what struck me today – how those wounds have turned gangrenous and how utterly incapable we as a people seem to sit together and discuss how to clean up the economic and social messes around us, much as we cleaned up that other mess 10 years ago.  The memorials today showed me that we still have the ability to unite in a common good under a flag, but only if we stop yelling, start listening, and try to feel what we all felt after the unspeakable horror of that day:  that we have to find a way to clean this up and fix this.  Not as Democrats or Republicans – as Americans.

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Filed under Reality checks, What's Going On