3/17/2012 0 Comments Balance!As I sit down to write this, I’m exhausted. I’ve been putting off a huge home project that has needed to be done for years…painting my front porch. Now keep in mind that the porch isn’t just any old porch. It’s about eight feet deep and 35 feet wide with lots of balusters and railings, and a very high ceiling. It’s a classic old house with a classic old porch.
The first thing that I needed to do, before I could even think about a fresh coat of paint, was to wash everything off. So, out came the pressure washer. And while I was pressure washing for five hours, I had plenty of time to think. And, it occurred to me that I was enjoying my time. I was enjoying an unseasonably nice day, listening to the somehow-calming drone of the pressure washer, and thinking about HHC and the success that I’ve achieved. I was also thinking about how nice it is to not let my job consume my life. Don’t get me wrong, I’m passionate about what I do, but everyone needs some down time. Everyone needs to work to live, not live to work. Everyone needs balance. I was thinking too about how a few of my past colleagues were probably sitting in a restaurant or café somewhere working on a laptop. Or, maybe they were sitting in an airport waiting for their next flight. Or, maybe they were in the air struggling with limited legroom, reading a SkyMall catalog, and snacking on a tiny bag of some sort of in-flight treat. Regardless of exactly what they were doing, I felt a bit sorry for them. I’ve been there. I’ve missed ball games, school concerts, holidays, family reunions, church and all sorts of other events. I’ve taken opportunities that required me to be away from home for long stretches of time. And even though it’s not realistic to not miss anything, there were definitely a lot of events that I shouldn’t have missed. I should have realized sooner that life requires balance, and that I can be great at what I do, and be a success without selling my soul to my career or feeling guilty about taking time off. In fact, I should have realized that downtime actually helps me be more motivated and effective when I am working. And that’s how I got here. That’s how HHC came to be. I decided that I didn’t want to transfer to another state again, or rack up half a million frequent flyer miles, or miss another ball game. That’s how I got balance. And I hope that as I continue to build HHC, I can have a long, balance-filled life helping others achieve balance too. Next weekend...PAINT.
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3/13/2012 0 Comments How Do You React to Bad News?We all experience failure in our lives. There are loves that are lost, contracts that aren’t awarded, products that don’t sell, goals we don’t reach, and businesses that fail. Ultimately though, it’s how we handle these failures that define us.
For example, American auto manufacturers have had a tough go of it over the past several years. GM and Chrysler’s businesses failed and required government bailouts. Ford didn’t require a bailout, but still had huge problems of its own. Journalist Bryce Hoffman, in his new book, American Icon: Alan Mulally and the Fight to Save Ford Motor Company, talks about how Ford avoided bailouts, dealt with its failures, and was placed on a positive course for the future. So what is one of the secrets to Mulally’s leadership as CEO of Ford? Simply put, it was maintaining a positive attitude. Mulally, though facing possible failure, is described as always being upbeat, and being the first one to get over bad news. He maintained a positive attitude every day, and kept smiling, even though there wasn’t a lot to smile about. His positive attitude set the standard for others, and he was able to encourage everyone to work together, rather than succumb to failure. Mulally was, and still is, a leader that the employees of Ford believe in, and his attitude promotes success. So, what kind of leader are you? Do you keep a positive attitude each day when presented with bad news or possible failure? Is your attitude one that you can be proud of? Does your behavior motivate your employees to succeed? When faced with bad news or possible failure, remember that if you aren’t part of the solution, you are very possibly part of the problem. It would be almost impossible for someone to not know about the trend toward locally sourced foods. We see independent and chain grocery stores, restaurants, and hotels all making major efforts to support local farming. Public school districts are on board too, working hard to source more meats and produce from local vendors and farms. In big cities, community gardens and food co-op’s are springing up, and people are finding space in their own back yards to plant at least a small garden. I personally participate too by planting a garden each year in my own backyard. I even expanded my garden last year by adding a new growing bed. But, with all that said, I’d like to suggest that we all take this trend one step further.
Why not try to do everything locally? I use a local company to print my stationary and business cards. I use a local, independent CPA firm to do my taxes. I participate in my local Chamber of Commerce, and in the events sponsored by other local chambers, and I try to patronize local member businesses. When I meet someone for coffee or lunch I always try to go to a locally owned and operated business instead of a chain with headquarters out of the State. So, why do I do this? Because, I want those businesses to use me! Using local businesses performs two functions. First, it keeps money in the local area and strengthens the local economy in general. Second, it builds relationships between me, my business and the businesses that I use. And any business owner will tell you that relationships are what make a company successful. People and businesses buy from others with whom they have a favorable relationship. It’s not always about cost. In fact, many times local businesses can provide products or services that the non-local businesses can’t. And, most important of all, local and independent businesses are more likely to appreciate your business! So the next time you need to buy something, print something, or contract out a professional service, remember to keep it local. You’ll be happy you did! Very recently my wife and I were invited out to have dinner at a restaurant that we had never been to before. It is an upscale restaurant in the Indianapolis area and it has been around for many years. It boasts of having an inventive menu and an excellent chef. When we received the invitation I thought, "Great! I've driven by there a million times but never tried them out!"
Unfortunately for the restaurant, we won't be back. It's not that the food was bad or that the service was poor, it's just that it wasn't good enough to make me into a raving fan. Many restaurants put too much of their marketing focus on getting new customers. The business creates new coupons or promotions to build excitement and buzz in order to get new people in the door. In fact they focus so much on getting new customers they forget sometimes to take extraordinary care of them once they arrive . The really tragic thing with our dinner experience was that our server ASKED us if we'd been there before, and we said "No". That should have been the call to action for something special; something to really "WOW" us so that we'd be back. But it wasn't. So what should the restaurant in question have done better? They should have gone above and beyond:
In my travels with Hoosier Hospitality Consulting I get to meet a lot of people with a very wide variety of backgrounds. I've met young people who have a dream of starting their own hospitality business, but have no experience in hospitality industry. Then there are those who are great cooks whose friends tell them, "You should open up your own restaurant". And of course there are those with years of experience as a server, or a bartender, or a cook and a desire to strike out and do their own thing and not what some owner, manager, or chef tells them to do. All of these combined contacts have made me realize some common reasons that restaurants, and businesses in general, fail. These are my top five.
#5 - Underestimating the difficulty of establishing a new business. Regardless of the type of business you want to create (a bakery, a restaurant, a mobile truck, a catering operation, a motel, etc.) it is a business. You have to know what you know, and what you don't know. You have to ultimately know a fair amount about accounting, taxes, licenses, building codes, food safety, marketing, promotion, service, human resources, training staff, managing costs, and much more that has absolutely nothing to do with how good your food tastes. And when you don't know, you need to know someone who does. #4 -No practical experience. There are those who are book smart, and those who are street smart. Running a business has a lot to do with being street smart. There are a lot of things that you can read online, or learn in school that ultimately don't filter down to the day to day realities of running a business. I fly on airplanes, but I wouldn't try to fly one. Just because someone is an awesome cook at home doesn't mean that they know how to be a restauranteur. Before using your money to open a new business, why not let someone else use their money to hire you. You'll surely learn about what to do and what not to do...on their dime. #3 - The business doesn't have"that thing" that makes it special. Think about what restaurants you like to go to, or what hotels you use, or what stores you shop at. Why do you patronize them? What is important to you? Those are the questions that you have to learn about your prospective guests and customers. You are going to have to have something that makes you different and special; something that makes your customers try your place and then continue to choose you over others that offer the same type of product. Lots of folks go to a new restaurant once. What is "that thing" that makes them come back? #2 - They don't understand how to market their business. Do you give out coupons? Run a newspaper or magazine ad? Do you have a frequent customer program? Do people really care about what you Tweet? What about SEO? Which of your marketing tools are effective, and how effective are they? There are so many different ways to market your business that WON'T work, it's scary. You have to do your research and be skeptical of every Account Representative that claims to have the magic bullet that will make your business profits soar. (See #5) #1 - They don't have the money. Let's face it, money makes the world go around. However much money you have available, or have planned to spend, it always seems to take more. Think about it, how many times do you hear "The project came in under budget and ahead of schedule". Anytime someone starts a business the odds are very good that it will take longer to get the doors open than was planned...and that means MORE MONEY. To be safe a new business will need 2-3 years of operating funds available in some form or fashion before opening. There are so many variables to starting a business that it's impossible to plan ahead for every little circumstance. A lot of new businesses fail not because they didn't do things right in #2 through #5 above, but because they just ran out of money a little too early and had to quit before success was realized. |
AuthorDonald Vita is an 25+ year veteran of the hospitality business with management and troubleshooting experience in hotels, restaurants, and catering in multiple states and venues. Archives
August 2013
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