For business owners waiting can be brutal, especially if you’re a vision-driven owner like me. You know where you want to go and try to get there before you’ve earned it. This was the case for me two years ago. It was the first quarter of 2022 and I saw it. I saw where we were going. And I thought, what if I can outwork time and get us there 5 years earlier? BAD IDEA!
Sometimes you forget what you’ve seen others do that they shouldn’t have, and still do stupid shit. I can’t tell you how many restaurant owners I’ve worked with over the years who had a decent restaurant and who were a few years away from the promised land.. Then they say “Let’s open a second location all of our problems will go away.”
WRONG! Now you have two average restaurants and maybe worse.
As I sat on the beach in Bermuda today I watched this line for way too long 🙂 As I watched the line it hit me, we all hate waiting in line. And I watched the worker in the red shirt yell at a guy “Well you got out of line, so you’re in the back again.” It was hot, the lines for beach chairs were long and that guy didn’t want to wait and Big Mike (that’s what his coworkers called him) pointed out the rules of the “line.”
We are not built to wait in lines, but we must fix that if we want to win.
The two examples that went through my head, are fitness and business.
Weight loss is a line.
Business Success is a line.
For me, these two always seem to come front and center. There are so many parallels and I’ve been around both for a long time.
For Fitness I think about the show “The Biggest Loser” and how the contestants go hard for a few months and lose crazy amounts of weight. But in a year they are right back where they started. I also think about my fitness journey. For the past five years, I tried many things to outrun a bad diet, and while I worked out and had small victories I always circled back around. If someone is really out of shape, with 100 pounds or more to lose, that’s a long-ass line! And it’s a line with many steps that can’t be skipped. To do it right you’ve got 3-5 years of cardio, nutrition, stress control, sleep, and weight lifting to right the ship. And unless you want it, you give up.
And then there’s business success.
Take my company for example. From 2008-2014 I thought “small.”
I’d given up on building something special, something big. I didn’t think I was that guy. My company served 30-40 clients annually and did $300,000 to $400,000 in sales. I was happy, but not fulfilled. Then in 2015, I got a taste of what could take my company to the next level. From 2015 to 2021 I ran hard and fast without looking backwards. I didn’t focus a ton on where we could end up, I was 100% focused on week-to-week growth. And, I also didn’t focus on what others were doing.
On a flight back from Vegas in 2019 I recall showing a friend my plans to triple my company. He was amazed and asked, “You can do that?” Of course, I said, but honestly in the back of my head was a LOT OF DOUBT! I’d never actually proven to myself that it was possible and that I was the person who could do it.
By the end of 2022 that had all changed. I knew I was that guy, I knew I had the idea and I knew the restaurant industry needed it.
I saw where we could go. I recall putting it on paper and realizing, SHIT I CAN DO THIS!
WE CAN DO THIS!
I saw a path to a goal by 2030, it was wild to say the least, because I had belief and a plan.
And that’s when I got stupid. That’s when I also started watching a few other entrepreneurs and comparing my journey to theirs. I started to convince myself we could do it faster. I wanted it NOW. I told myself I could go faster, and work harder. That lasted about 6 months and then I started to back off it. It took me about 9 months to come back to reality.
2024 has been a year of reflection for me.
I’ve started to ask myself “Matt do you believe you will get there?”
“OK, what matters more? Getting there faster or right?”
RIGHT. ALWAYS RIGHT!
I’ve had to change a lot. I’ve had to change how I lead my team and how I think. It’s been tough, but so damn rewarding. At times the unneeded pressure I was putting on myself was forcing me to lead my team wrong. And while we “may” have gotten there faster, it was going to be done wrong. I’d say one of the biggest issues I created with my pushing was the perception of our company due to our marketing and sales strategies.
There’s a very successful entrepreneur I follow named Grant Cardone. Early on he would film himself coaching his sales team and there was a moment that hit home for me during this time. He was telling his team to always be honest and pure when selling. Don’t ever sell someone something they don’t need or can’t afford, because then they are going to be mad at ME, Grand Cardone. He said, “I’m going to be here in 10 years, you might not, so I don’t want you burning my name for a short-term victory. They’ll forget you, but remember my brand.”
It really hit home. I’d strayed from my roots and we’d become for a short time, what I despised.
That was one of the big changes I made in myself and my business. I told myself to go to the back of the line and do it right.
This experience has made me even more sensitive to what our clients, restaurant owners, are doing to shoot themselves in the foot.
So in part 2 of this blog, I’m going to tackle what I see that restaurants are doing to short-circuit their success. How they are trying to skip line, and how to fix it.
MP OUT!
P.S. Oddly enough as I was finishing typing this blog the song below came on, “We will still come through, in the LONG RUN…”