Ben Little @TRUmav
14 QSR franchises w/ 50m in annual sales/ @Sweathouz franchisee/ @Tour_Junkies CBO/ Futures trader /Lazy River Connoisseur linktr.ee/BentonLittle GA/NC Joined October 2009-
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One of my favorite studies ever was done by Google They sought to find the key characteristics of what makes a high-functioning team The results had nothing to do w/ background, education, intelligence, talent or other similar malarky Instead, they found these 5 key traits:
The #1 reason why people fail in both business & trading? Undercapitalization If you have no wiggle room for the learning curve & the inevitable early swings, you've got the difficulty turned all the way up. You need time, & time takes money.
I've been doing a lot of above-store interviews the last 2-3 months. This study lives rent-free in my head. At best all we can hope for is a 54% win rate over time Everyone always touts the 1's they hit on, for some reason I see very few posts about the 1's that didn't work
It’s always crazy to me how entire QB draft classes can be bad, & others can produce multiple HOFers Look no further than the 20’ & 22’ draft classes. 20’ has 5 elite QB’s 22’ will have zero
After 12 years, finally broke down & changed the profile pic. Jarring, I know. You have to see my mug now. It was a good run. And yes, if you never noticed that was UGA flag
A cyber criminal holds you hostage & you have to give up one (both personal & biz). Which are you choosing?
What I specifically meant by this was: If you are benchmarking off of competition & deciding good/bad location from that, just be careful. You are not seeing a full picture
What I specifically meant by this was: If you are benchmarking off of competition & deciding good/bad location from that, just be careful. You are not seeing a full picture
I know everyone is obsessed w/ Placer Ai & Buxton data these days (& it is cool!) BUT, it's important to remember the traffic & location rank can be GREATLY affected by the operator. I.E. The store I took over in 2017 would have ranked almost dead last in the system (say 910…
Breath is now at the lowest point it's been at any point this year. Just consider that for a second given the rally YTD
There's a really great quote in here that hits home for a lot of entrepreneurs: 'The more intensely focused you are... the more things you have to put outside your awareness to avoid distracting you.'
There's a really great quote in here that hits home for a lot of entrepreneurs: 'The more intensely focused you are... the more things you have to put outside your awareness to avoid distracting you.'
Very unfortunate crowning here for Mr. Scheffler Looked like we were primed for a great finish just 3 holes ago. Now he might win by 4
My brain says it’s Scottie’s jacket to lose My heart wants Max to win My wallet wants Bryson or Xander to win Then there’s the 2nd best iron player in the world (Morikawa) & the current best driver in the world (Aberg) also lurking
Shoutout to everyone growing & expanding new businesses. Whatever they may be. It is freaking hard. I could sit on my current stuff & ‘keep it on the railroad’ w/o a ton of heartache. It’s mostly operations based when you’re not in growth mode, which comes easy & naturally…
SMB Attorney @SMB_Attorney
111K Followers 2K Following Eric Pacifici | Helping folks buy, sell and operate enduringly profitable businesses at @SMBLawGroup & @theSMBCenter | @Kirkland_Ellis & @GibsonDunn | @dukelawNick Huber @sweatystartup
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4K Followers 903 Following Commercial Investment Sales Broker - $1.7B+ Team Transactions in 43 states | MHP Owner - 17 parks (800+ pads) | Managed Sales Teams of 40+ | New Dad | Tar Heel@TRUmav just stopped by a zaxbys in san marcos texas First time ever now i know why yall do so good! Zax sauce is kinda like a canes sauce and fast af service 🍻 Maybe my next wing joint will have a drive thru in my home town keep killing it dude
@RestaurantWill @TRUmav Why I stay away from it despite being surrounded
@pinpulleddrmf @TRUmav It’s a guaranteed way to kill your passion for cooking.
@TRUmav @RestaurantWill Wait I thought if you just like to cook you do it for others and charge money, right?
@TRUmav 💯 That's the "game" now in days. All I hear about when I'm on the franchisor side of things
The new trend in franchising is if any emerging brand shows potential of being a winner, it sells out most the country before early franchisees even validate Everyone wants the next "unicorn brand" and brands leverage this positioning to their advantage Opening franchise…
@TRUmav So true. Raising cash balances proportionately to growth takes the risk of growth out of the equation as well.
@TRUmav Yup. Took us 6 months to make any cash flow.
This SoFresh is located at 5705 Red Bug Lake Road. If you are serious DM me. As the franchisor, we are open to giving concessions to get this deal done! (owner / operators only). Time is running out and I would hate to lose this spot.
I have a store in Winter Springs, Orlando, FL in a Publix plaza that has not been opened yet for sale for ~$300,000 ($200,000 discount). Franchisee has personal issues and just wants off lease. DM if interested. We are having record sales weeks!
@TRUmav This applies to life in the general. Money's not everything but it is something. The more the better.
Chick Fil A just announced that their 2023 avg sales per restaurant was a STAGGERING $9.3M Why do you think Chick Fil A is killing the competition? Fast Food Avg Sales Per Restaurant (2022) Raising Canes: $5.4m Shake Shack: $3.8m Whataburger: $3.7m McDonalds: $3.6m…
@TRUmav My dad told me this and I didn’t believe him. 10 years later it’s 100% it.
@TRUmav How do you quantify when to draw the line and call it quits? A restaurant in particular is a finite game that can very easily drain more capital than it will ever return in its lifetime if you're not careful
Unpopular opinion: more courses should allow children to play. It’s a great family sport and the best way to grow the game.
This right here is the reason I own my golf course. In Northwest Indiana there's really no place for mom's or dad's to teach their daughter's or sons how to golf. Owning this golf course is a pain in the ass a lot of times, but when I see this I know it's worth it