Donalds wealthy acquaintances come and go, says a builder whos done deals with Trump, but Tom was always there.. Lines and paragraphs break automatically. If youre working with the old crew and its tough for them to maybe swallow, but it was a small nucleus of people. Youre investing three times more time into training than any other food service franchise. We met in 2017. How do you train those around you and what do you expect from those around you? Peter Cancro is the Founder and CEO of Jersey Mikes Subs. The business model has supported this being takeout only. Photo submissions must be sent via email to [emailprotected] and include: title and picture of sculpture, full name(s) of sculptor(s), and home address. I said, Were going to talk about pulling people along, about putting others first before ourselves, but were going to talk about our giving culture. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. She checked it and I saw her pointing to it. You came into the business as a very young man. It could be a small little charity Ive never heard of. Thats where I talked to you about it before. Youve got to describe it too. Just Peter was named to the 2021 Power List by Nations Restaurant News. We found out, We probably should tell people what were doing because then people find out about it and then they want to be part of it. Can you talk a bit more about the last Wednesday of every March, the Day of Giving, and then this March 2021 expanding that out to a whole month? Where the need was, we went after it. To date, Americares, a nonprofit disaster relief and global health organization, has provided 315 tons of critically needed supplies, including masks, gowns and disinfectants, to combat the spread of the coronavirus. My brother worked there the year before I did and he told the owners, My brother, I know hell work hard. Peter, this has been an amazing and impactful conversation. As Ive said often, its starting to grow. Everybodys affected by COVID, but your location, your geography affect you in many different ways, whether it be local regulations or state regulations. Thats why we never said a word about our giving for decades. That means were giving it our all. Its neat commercials coming out for it. I told my story about how I got started. Another initiative that you have is the Sub Abover Grants, which has been described as extraordinary people making a difference in their communities. Where are you going? Its nice to see, but one of the biggest challenges with training is compliance. 3316 Bee Cave Road, Ste DAustin, TX 78746, Copyright talentwargroup.com 2023 | All Rights Reserved, https://Fortune.com/2020/03/16/how-i-got-started-jersey-mikes-peter-cancro/. There are 350,000 graves. Its never been done before as far as we know. Its not that easy. I felt strong about weve got to make a move and we did. Thats the big thing. Its so touching seeing everybody from all walks of life, every race, creed, religion, everybodys there to support our service members. Its a whole culture. Because of our track record and the strength of our franchise company, we have lenders that are ready to go if certain people need a general requirement. He is a white, non hispanic male registered to vote in I welcome them to run ahead of me. No one was lending money and we flatlined. They had to be able to shoot, move and communicate. "Philanthropy has Everybody loves Jersey Mikes. We try and get involved in the community, make great products and great service. He is also the owner who took Jersey Mikes People from within bought and grew, and got into their own store. It started to happen. I have to know, where did it come from? "I would like to extend a personal invitation to you and your family to visit Jersey Mike's Subs throughout the month of March, and especially on Day of Giving when 100 percent of sales every penny goes to help a great local cause," said Peter Cancro, Jersey Mike's founder and CEO, who started the company when he was only 17 years old. They said, Let me have, then a number. When youre getting involved, do you have financing? How do we be real behind the counter? They say Dominos and Starbucks is a technology company, so are we. When you celebrate the 2,000, for one day, will you take a step back before you start the drive to 3,000? To me, youre someone who leads by example and weve seen the commercials. Many ancient pipes in CT aren't up to the task of draining storm water, yet officials just seem to shrug. Ruddy's Newsmax Media always gave Trump a favorable forum. We rose up and then we sent $2.5 million out to the owners to give to their local community. We had to not do it. Copyright 2023 Apple Inc. All rights reserved. In 2019, you opened 181 stores and in 2020, you were on track for 200. Thats where our heads are at. 2251 Landmark Pl, Manasquan, New Jersey, 08736, United States. The model with COVID fits right in with whats happening. Its funny, we did not go after it. How many breads are going to go out the door? In 1988 pro wrestling magnates Linda and Vince McMahon were holding their tournament at Trump Plaza in Atlantic City. We said, This is starting to grow.. Theyre so incredible. I always say, Where did you go to high school? They look at you a little funny. It was around 2016, I looked around the conference table, I looked at Boyd, Mike, and some of the other folks, the team and I said, Were doing pretty well, and thats how it happened. I started having that and people would come in and say, Let me have that Peter sub. If they have their own attorney looking at the lease, that attorney may not know what to look for. A critical thing in all businesses, small or large, is this equity dispersion and this equity distribution and a lot of people get this wrong. I dont assume that I know everything. I joke and I say, Most everything, but I do not know everything. With little guidance and scarce resources, a few hundred specially selected, highly trained, innovative leaders turned the tide of the war. When you look at the people that are coming into the organization, as your owners, what are those couple of things, those couple of character traits that you assess them on and then make that decision because thats a big investment? Trumps security chief for the past 16 years, Schiller started as Trumps bodyguard in 1999, after a decade with the NYPD. Another fellow, unfortunately, his child committed suicide, so he got involved in education and awareness for that. Do we have another introvert in the White House? And more importantly, should tuition go toward supporting bars around the XL Center? We had an unbelievable app and investment in technology. We raised enough money to serve 25 million meals in a weekend. Whats empowering that people love is when they can be real and genuine, and not some script by the company. Many franchise companies dont do what we do. We became friends and he came into the company in 2008, but thats when I met Mr. Monaghan and I said, Ive got the book on every single page highlighted about what happened to him. It helped me through that time. Thats pulling people along. Were on the business. Not that were not satisfied or whatever, but weve got to keep raising the bar. She met Hoyt Jones. Thats our business. We find the site next to Starbucks, Chipotle, Panera Bread, or the Five Guys. We track the sites. Youve got a small family nucleus that youre a part of. A leadership style is pulling people along and its amazing. People are starting to hear about that. When you look at this, how do you stay grounded? I had the #12, Cancro Special. We started to grow with the right people, with the great people, area directors, Dominos in California, Chicago, DC and Florida. The technology component is interesting and amazing to hear that you were ahead of it by investing in that over the last couple of years and understanding the trends in the industry. In fact, its easier to accomplish with most of the dining rooms closed, so remodeling is ahead of schedule. Thats something to watch to see the owners willing to give up an assistant manager or somebody to go out and be on their own. I rolled the dice and I said, Ill put everything on the table. We paid for the retrofits. Ill be there in line. We were willing to help people that were out of jobs and work, and then we kept pushing. Can you talk about process development at Jersey Mikes and whos involved in that? You might be on to something, says Arnie Kozak, a psychologist and the author of .css-gegin5{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-decoration-color:inherit;text-underline-offset:0.25rem;color:#9a0500;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;}.css-gegin5:hover{color:#595959;text-decoration-color:border-link-body-hover;}The Awakened Introvert. I was a good fast slicer. You have to approach them as they did in Mikes when I first joined in 71, that my voice mattered and you raise up each other and raise up together. Barrack roused and inspired the crowd, as Trump had hoped, but he also described his longtime buddy as having the discipline of an animal in the jungle, a line only a true friend would have the stones to say. Everything thats rung up goes to that local charity. (LeFrak was the other.). The basic style has always been to be subservient, to put others first before yourself. I could hold them off for a week or so, and thats when I went out trying to raise the capital. For me, its integrity. There were a couple of groups that wanted to do something, but they couldnt and I kept going. What are you doing getting the money? I had never been on TV before with commercials, but I felt, Ive got to step up. Thats the motto. Contact: Kyle Potvin, kpotvin@splashllc.com, 917-838-4500, View original content to download multimedia:https://www.prnewswire.com/news-releases/celebrate-jersey-mikes-13th-annual-month-of-giving-in-march-301757134.html, https://www.prnewswire.com/news-releases/celebrate-jersey-mikes-13th-annual-month-of-giving-in-march-301757134.html, Petrobras Payout Rewards Investors Who Ignored Lula Risk, Record retail theft puts pressure on Australian supermarket giants, UPDATE 1-Australia's Nitro Software recommends $360 mln Potentia offer, Defence contractors target Australia as it gears up to counter China, Asian Equities Swing Lower, Led by China Tech: Markets Wrap. To celebrate the company's 13th Annual Month of Giving fundraising campaign, Jersey Mike's locations across the country are joining forces with more than 200 local charities. When I heard that, I shrugged my shoulders and grinned and said, I guess well keep doing that. In 1975, when I went into business, I said, I was witness to Bob Hoffman, Hoffmans Ice Cream and Jack Baker from the Lobster Shanty, two local businessmen in Point Pleasant, that gave unconditionally to the youth, for the first day, to the community and I was a recipient of that and saw it firsthand. Peter said so. At some point, that becomes detrimental to the organization and inhibits growth, but you havent experienced that. Can you explain it? The right team assembled and kept working and slowly but surely, it started rising up. They didnt know that certain businesses would be open. Their only directive was to win the war at all costs. They showed me the way if you will. How do you take a step back and say, Were going to get through this. The annual event is free and open to the public. They talk about these kids and it was funny in the 70s, they say, These kids today, you dont understand. The 80s, the 90s and still now, all these kids are great. Sales started to rise, and in 07, 08, the company turned around. For questions, contact Erin O. Crosby at [emailprotected] or call 203-869-6501, Ext. You step back a little bit and everything starts coming. Trump made him director of Oval Office operations. I stood behind the counter since I was fourteen years old, meeting and greeting people. It was a lot of emotion in the room, owners and peers, and it was an unbelievable time. Its great to hear and all that, but its what we do. The culture of giving, the day of giving, the month of giving that Jersey Mikes has under your leadership exemplifies that. Investment in people. He wrapped in the real estate and the business and was able to package the whole thing. I said, At the 2,000 stores, we are going to have a little gathering and be at the original store. No one is allowed to introduce me to the customers as the owner. You can use it as a benchmark, but its about what you do today to get to tomorrow that matters. We have owners that are involved with other franchise companies and they say, Peter, your company and what you do, no one matches it. Thats coming from our existing owners that have other concepts they are with. There are entire classes on the evolution of a company, in the cycle of a company, but few people ever stand up and say, This is how I lead my organization through this. There are inflection points there. They are with on TV before with commercials, but they couldnt and I kept going Ive to... Ive never heard of and impactful conversation worked there the year before I did and he told owners... Bodyguard in 1999, after a decade with the NYPD me to the owners to give to their local.! Always gave Trump a favorable forum in Atlantic City hell work hard at [ emailprotected ] call. Love is when they can be real and genuine, and in 2020, you understand! 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