Multi-Unit Franchisee Magazine Issue III, 2013 | Page 63

Peter Guber, keynoter Franchising Cares—a lot! For the past decade, the conference has supported the Little Rock Foundation, dedicated to improving the lives of the blind and visually impaired from early childhood through adulthood. This year, the conference offered something more. Gary Gardner, chairman of Franchise Update Media Group, took the stage to introduce Franchising Cares, a new franchise charitable giving initiative. As chair, Falk was encouraged to name a charitable organization to add as a beneficiary of this year’s fundraising efforts. He chose the Semper Fi Fund, which provides financial assistance to wounded Marines and their families as they recover. Gardner said the previous day’s charity golf tournament raised almost $5,000. The conference also featured its regular Silent Auction, with more than $46,000 worth of items donated this year. And Thursday night’s Chairman’s Dinner raised an additional $15,000, boosting total charitable donations at the conference to about $65,000. Day 1: Annnnd they’re off! Wednesday morning’s general session kicked off with a keynote from Hollywood and sports mogul Peter Guber. The former studio chief at Columbia Pictures and cochair of Casablanca Records today heads up Mandalay Entertainment. The fast-paced talk by the author of New York Times number-one bestseller “Tell To Win” focused on the importance of “reaching your customers’ hearts,” and he spoke like a man who has learned how to do just that. He gave the crowd several tips for identifying what their customers are looking for—and, David Akers more important, how to give it to them. The “secret sauce of success,” he told attendees, is “your innate ability to move other people to action.” And while each person has a different call to action, the most effective way he’s found to reach people is through the power of narrative. “I’m a storyteller—that’s the secret sauce,” said Guber, 71, a lesson he learned only in what he described as “the third act” of his life. We’re all emotional creatures, he said, and a good story has the power to “emotionalize” the audience you’re trying to reach, whether in movies, sports, or franchising. “You want people to feel it,” he said. “That’s the way we’re wired. Hits are born in the heart—not the head, and not the wallet.” Guber, who is involved in the food business at his sports arenas as co-owner of the Golden State Warriors and Los Angeles Dodgers, had some relevant advice for the audience. Answering his own question about how he sells out games at his arenas, he said, “It’s not the food, it’s the experience.” He has the players meet the fans when they come in, and he focuses on perfecting each moment of a customer’s visit. “At a restaurant, every detail counts; the total experience counts,” he said, adding that for Wolfgang Puck, every night is opening night. Guber also cautioned against over-reliance on digital technology—something he knows plenty about as a movie industry executive and producer. “You have to move people to action, and digital technology will not do it. Don’t surrender your humanness to digital technology. You will lose over time.” Speaking of his own remarkable ca- reer of successes and failures, Guber said, “Success is the ability to go from failure to failure without losing your enthusiasm,” adding, “Success and failure are handmaidens on the journey.” To illustrate, he talked about Michael Jordan, one of the greatest basketball players ever, emphasizing the fact that Jordan missed 26 game-winning shots—among the 9,000 he missed—during his career. Affordable Care Act Next on the agenda was an in-depth session on the Affordable Care Act. Panelists included Jeff Lungren, director of congressional and public affairs for the U.S. Chamber of Commerce; Christy Williams, COO of the National Association Management Group; and Mike Kahley, senior vice president of the Lockton Companies, which provides insurance, benefits, and risk management services. The panelists explained various aspects of the law as it stands today, how and when it will be implemented, the upsides and downsides of different responses to the “play or pay” option, and the effects the act will have on franchisees, depending on how the regulations are eventually written. The panel also included David Barr, chair of PMTD Restaurants, which operates 23 restaurants. He presented different scenarios he’s been exploring for his 412 employees (109 full-time, 303 part-time). In one scenario, the act’s regulations would have cost him $750,000 annually. After studying different scenarios, he managed to reduce his initial estimates of what the act would cost him from $750,000 to $444,000; and in an ideal scenario, where employees don’t sign up because they went on their Multi-Unit Franchisee Is s u e III, 2013  61