Multi-Unit Franchisee Magazine Issue I, 2016 | Page 39

PERSONAL First job: I was a Fuller Brush salesman for two years beginning at age 17. I did really well and my dad hated it because he said I was making too much money and he was trying to teach me the value of a dollar. Formative influences/events: Those two years at Fuller Brush taught me a lot about sales and presentation. I also learned how to approach and work with all kinds of people along the socioeconomic spectrum. Key accomplishments: I’m still solvent (laughing). I think working with my great team to build and establish the Hurricane Grill & Wings brand is right up there. It’s critical to surround yourself with a great team. Also, I’m proud of the way we’ve built our Denny’s system. Biggest current challenge: Let’s see… there are the proposed increases in minimum wage, Obamacare, and the NLRB joint employer fiasco. But honestly, all of these potential challenges have solutions. It’s just a matter of working out the details. Next big goal: Working on a major deal to take Hurricane Grill & Wings into Canada. It’s very difficult to go into a foreign country with a U.S. brand. This move will take a lot of resources over the next couple of years. Meanwhile, we’re still building two to three Denny’s each year. Then there’s our new fresh fast casual brand, Hurricane BTW. There’s a lot going on. First turning point in your career: Early on, I had always taken over distressed units and turned them around. But with Denny’s we started acquiring high performers, and it was a game-changer. It was so much easier to take over a winner than a loser. The difference is night and day. Fixing stores is much more work—it can take 3 to 5 years to fix a beat-up store. Now that we’ve weaned out the underperformers, life is a lot more fun. Best business decision: Going to work for Peat Marwick Mitchell & Co. (now part of KPMG) in New York. I learned some great stuff there. Then I went to work for Servico, a publicly traded hotel company, where I got some tremendous training and understanding of franchising. Hardest lesson learned: Failing. A few years ago, I acquired Roadhouse Grill and put it in bankruptcy five days later. I invested heavily to try to turn the brand around. But I couldn’t get creditors to confirm our plan of reorganization. It got shut down and I lost more than $1 million. Work week: I work six days a week, on the road and in the office. I work a half day every Saturday with the president of Hurricane Grill & Wings. We sit down together and get a lot done. I visit all my Denny’s restaurants at least three to four times per year. That’s important and I know the name of every GM. I visit all Hurricane franchise locations at least one time per year. If you can’t be in your restaurants you can’t be in the restaurant business. Exercise/workout: I used to run and work out five days a week. But then I messed up my back and rotator cuff. Now I try to work out three times a week, but I would like to get it back to five days. Best advice you ever got: I had just graduated from business school, and an astute businessman told me the answer to most business questions can be found by talking to people at a given company. If you listen to what people say, you’ll find the answers