Multi-Unit Franchisee Magazine Issue II, 2011 | Page 41

P O W E R P L A Y E R S In 1993, the Panos family settled in Atlanta. “Atlanta has been an incredible town for us. It’s a vibrant city, great for business.” before our final selection.” In 1993, the Panos family settled in Atlanta. Panos says the decision turned out to be exactly the right one. “Atlanta has been an incredible town for us. It’s a vibrant city, great for business. Hartsfield International Airport is the largest in the world, so we can get anywhere quickly, which makes it great for expanding our business,” he says. Panos set out to build a thriving business in the same way he’d approached finding his new home. Having sold the fine dining restaurant he owned with his brother in South Africa, he interviewed five different Name: Pierre Panos TiTle: Founder, CeO CompaNy: Qs America No. of uNiTs: 41 Papa John’s Pizza; 6 Fresh To Order, 1 Brookwood Grill age: 46 family: Wife Alexandra, son Alexander, 15, daughters, Helena, 11, and Nastassja, 5 years iN fraNChisiNg: 10 years iN CurreNT posiTioN: 15 business brokers because he “didn’t want to work for anyone.” Through the South African broker he selected, he met David Rowe, a U.S. real estate developer who had opened a restaurant, the Brookwood Grill, to fill a vacancy in one of his shopping centers. The restaurant, which he says was similar to the Houston’s chain, was struggling. The broker thought Panos, with his restaurant and accounting background, would be perfect to fix things. “Rowe wanted me to use my numbers background to make it more profitable. That’s what I did,” he says, and eventually became a partner in MANAGEMENT Business philosophy: Always strive to see a deal from the other person’s perspective—go for the win/win. Always have your moral compass on hand when making key decisions, or you may just go for the money instead of doing the right thing. Are you in the franchising, real estate, or customer service business? Why? Customer service. Everything is about people in this world where almost every business is commoditizing very quickly, so your only true differentiator is your people and culture. The rest can be copied. What gets you out of bed in the morning? I love what I do and I really like our office environment. My office building is a one-minute drive from my house, which makes it really easy to get out of bed and to work. What’s your passion in business? I love creating and growing things to a certain size. When the creativity stops because it is becoming a larger machine, I always hand it over to one of my top guys to execute from that point onward. I know when it’s time to get out of the way and I have a super-talented top management team who are all very vested partners in the different businesses and who have all been with me for a long time (10 to 16 years). Management method or style: Find, train, and retain the best people, offer the rig