Latest / The Inspired Stories Podcast / From High School Dropout to COO and Partner: Layla Ebersole's Journey at On Call Restaurant Accounting
Transcript
- 0:04Welcome to another edition of the Inspired Stories podcast,
- 0:08where leaders share their experiences so we can learn from
- 0:11their successes and be inspired by how they overcome adversity.
- 0:15As you listen today, let one idea shape what you do next.
- 0:20My name is Anthony Kotaspodi and today's guest is Layla Ebersole,
- 0:24Partner and Chief Operating Officer at On Call Restaurant
- 0:28Accounting in Denver, Co, also known as Okra.
- 0:32They focus only on restaurants, pairing deep accounting skills
- 0:36with real kitchen experience to give owners clear on time
- 0:40financials. The team handles bookkeeping,
- 0:43detailed reporting and high level advice so operators can
- 0:47keep their eyes on guests rather than spreadsheets.
- 0:51Since joining Okra 11 years ago, Layla has guided almost every
- 0:56part of the company. She moved from a data entry role
- 0:59all the way up to partner and COO during a major acquisition
- 1:04that doubled the firm's reach. Her leadership has helped blend
- 1:08the new businesses smoothly. Now, before we get into all that
- 1:12good stuff, today's episode is brought to you by my company,
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- 2:11All right, back to our guest today, Co and partner of on Call
- 2:15Restaurant Accounting, Layla Ebersol.
- 2:18Thanks for making the time to Share your story today.
- 2:20Thank you. Appreciate it.
- 2:22So what first attracted you to the world of accounting,
- 2:25finance, payroll, etcetera? Yeah, I kind of fell into it, to
- 2:31be honest. I was working in a warehouse, an
- 2:37appliance warehouse, and it was an interesting environment to
- 2:40say the least. And I was really looking for
- 2:43change with people in in a company that I felt, you know,
- 2:49had the same values that I did and ran across the post on
- 2:54Craigslist about AAP data entry position with the restaurants
- 3:00and restaurant accounting firm. And yeah, that was.
- 3:04And then it was unfolded from there.
- 3:06That was with Okra. Like your first entree into the
- 3:10accounting space was this role with okra.
- 3:13Wow. Pretty much, yeah.
- 3:14My, my last position I was, I was doing some data entry and
- 3:17billing for an appliance company.
- 3:21And so I had a little bit of background, but I really was
- 3:25like, I really like kind of this role in general.
- 3:28And, and I had worked myself out of that role at the appliance
- 3:32place and I wanted to get back into it.
- 3:35And so, yeah, so we're kind of looking and I was back when you
- 3:39searched Craigslist for a job, there was no, LinkedIn wasn't
- 3:43big. There wasn't some of the other,
- 3:46you know, apps and platforms out there now.
- 3:48So yeah. And so you started there in a
- 3:51data entry role, right? So this was even like, not even
- 3:55bookkeeping quite yet, just hey, here's some stuff that needs to
- 3:59be put into a spreadsheet kind of a thing.
- 4:00Yep. I mean, we were still getting
- 4:02like paper copies of invoices at that point from from the
- 4:05restaurants themselves. I spent easily 12 hours a week
- 4:11posting journal entries for, you know, for our bookkeepers, you
- 4:15know, take this data, put it here, cool, you know, plug it
- 4:18away. So it wasn't even bookkeeping
- 4:20yet, but slowly. And I learned all the all the
- 4:24pieces and put them all together.
- 4:26And so this was just all on the job training.
- 4:29Did you ever go and get some outside schooling to advance?
- 4:33That was just like, hey, here's what this is, here's what it
- 4:36means, you know, start doing it and.
- 4:38Yeah, real time learning. Yep.
- 4:40Yeah, yeah. What I, you know, we had a
- 4:45chance to chat real briefly beforehand.
- 4:46And so something I didn't know that I think would be
- 4:49interesting to talk about is sort of how you previously
- 4:54really didn't like education. You didn't like learning, right?
- 4:58Boring. You know, we've both got kids.
- 5:01Like, they feel like school is boring to them.
- 5:04In fact, you didn't even finish high school.
- 5:07Tell us about sort of this art of yourself.
- 5:10Yeah, so I, you know, my childhood was a little off the
- 5:17beaten path. And so I, yeah, dropped out of
- 5:21high school, had to start working full time at, at 16.
- 5:28And so I, you know, I, I started working and then, you know,
- 5:34didn't really have a, a want or a need to go get an education
- 5:39actually. But, you know, stopped and got
- 5:41my GED along the way because I was like, you know, I feel like
- 5:45I should have this. And, and so I, I did on a whim
- 5:49one week decided to go, you know, I was like, we're going to
- 5:52sign up. And I, you know, was like, oh
- 5:54man, they're studying and training and oh, right, school
- 5:56sucks. I forgot he didn't like this.
- 6:00And I realized it wasn't necessarily the learning part
- 6:03that I, I didn't like. It was, you know, it was
- 6:06everything else in my life kind of going on.
- 6:09And now, you know, now I'm back in school.
- 6:12But, you know, I've, I had great mentors along the way who showed
- 6:16me kind of or help guide me and showing me that, you know, I I
- 6:22could do more and I was really smart.
- 6:24And not everyone's good at the, you know, sitting behind the
- 6:27desk part of life. And now I've gotten better at
- 6:32it, obviously. But yeah, so it was just a
- 6:35little different and. So kind of a rough upbringing,
- 6:41like you had to make some different, you know, and
- 6:43difficult decisions. Yeah.
- 6:45Step stepped away from school, started working full time.
- 6:49And then there was something inside you that kind of like,
- 6:51pulled you and said, you know what?
- 6:52I feel like I should at least have my GED.
- 6:55And so as much as you still hated the studying, you went and
- 6:58you got it. But what's interesting to me is
- 7:02now you're voluntarily enrolling in outside education.
- 7:08Tell us about the program that you're working on now.
- 7:11Yeah. So right now I'm in a
- 7:14certificate program for that focuses on leadership and
- 7:18management. And really the, what I wanted
- 7:21was I've had these great mentors who have taught me so much and
- 7:24I'm so grateful along the way and I've been able to form my
- 7:27own opinion, but I wanted to do that even more, right?
- 7:31Everyone has their own way of management.
- 7:33Everyone has their own way of leadership.
- 7:36You know, I've, I've always excelled in, in that way.
- 7:42And I just feel like I'm doing the people that I'm leading a
- 7:44disservice if I stop educating myself because that's what I
- 7:47would expect of my mentors and pushing themselves forward.
- 7:51And so I feel like when we did this acquisition, I really felt
- 7:56a pull to be better, not only for the company, but for the
- 8:00employees we were bringing on, for the clients we were bringing
- 8:03on. And to push my staff even
- 8:06further. I mean, they're, they're the
- 8:08real superheroes of the show. You know, I'm behind the scenes
- 8:11and I want to make sure that I'm giving them back as much as I
- 8:16possibly can because it's what people did for me when I was
- 8:19coming up, right? They were pushing me forward.
- 8:22And I want to be able to do that for for other people too.
- 8:25How far into this new certification program are you?
- 8:29I'm about halfway. Yeah, yeah.
- 8:31What's 1 interesting thing that you've picked up that maybe
- 8:35you've been able to implement already?
- 8:39I mean, I think it's, it's a lot of what I already knew.
- 8:43And so it's, it's a little more of validation is also going
- 8:46through. And it's like, you should manage
- 8:48this way. And they give you 3 kind of
- 8:50examples of being way too hands on and being way too hands off
- 8:54and somewhere in the middle, right.
- 8:55And you know, I'm, I'm writing a discussion post to all my, my
- 8:59peers where I'm like, I, you know, took this quiz and I
- 9:02landed, you know, where I'm super hands off and I'm this and
- 9:05it works. And then I'm reading everyone's
- 9:06post and everyone's like, I landed in the middle.
- 9:08I landed in the middle. And I was like, yeah, am I
- 9:10managing wrong? You know what I went back to
- 9:14some other people have been in leadership and management, you
- 9:18know, much longer than me. And I'm like, am I doing this
- 9:20wrong? They're like, no, you just have
- 9:21real life experience. You can, you can fully say this
- 9:24is the management style that works for me.
- 9:27And so it's been a lot of push and pull where I'm like, you
- 9:30know, I've I've second guessed myself.
- 9:31And I've also gotten some validation and, and like, Oh
- 9:35yeah, I do know what I'm doing. OK, got it.
- 9:37I can, I can keep pushing forward.
- 9:40So I think that's been the biggest take away of just like,
- 9:43yeah, OK, box checked. You know, I I've done that or
- 9:47man, I never even thought about doing that so.
- 9:51Yeah. I wonder if this rings true to
- 9:53you, because there have been times in my life where I learned
- 9:56something just by doing, by experience.
- 9:58And then I have the opportunity to be educated by somebody who's
- 10:02put language in a more formal structure to some of the things
- 10:07that I just figured out to the school of Hard Knocks.
- 10:10And I, it's validating. It's like, oh, yeah.
- 10:13Like, I do that. I do that.
- 10:15I didn't even realize that was a thing.
- 10:17But now that there's a term for it or there's language around
- 10:20it, like, it helps me to formalize in my head what I've
- 10:23already been doing. I see you nodding your head.
- 10:25Is this the same for you? Yeah, that's kind of exactly.
- 10:28I'm like, yeah, well, I've done it this, you know, I'm doing
- 10:32this. And then all of a sudden
- 10:33someones like, well, you know, here's an SOP for it.
- 10:35I'm like, Oh yeah, okay, I've done this, this is great.
- 10:39You know, or it's like, oh, I didn't even think about doing it
- 10:41that way. And so it's kind of this, you
- 10:44know, every, it's even when we onboard a client, I'm like, tell
- 10:47me why you do it that way. Like even though we do it for
- 10:52400 plus restaurants at this point, like you might open my
- 10:56eyes to something completely different.
- 10:59And so it's, it's a lot of that, yeah, a lot of like, I think I
- 11:02know what I'm doing, but show me why you do it that way.
- 11:04And and so that, you know, I can learn better or learn a
- 11:07different way or see a different perspective.
- 11:10See, and I, I, I think your story is great because we were
- 11:14talking about this before we went live.
- 11:15Like both have kids, they don't like school, right?
- 11:18It's boring, it's dry. And I think back to 100 years
- 11:21ago when I went to school, I didn't like it either.
- 11:23I thought it was boring and dry. But now when I find something
- 11:26that I want to learn about, and you're the same way, Layla, I
- 11:29can tell you've already said it, like you're excited to do it and
- 11:32like you're like, you can't wait to like dive into the next
- 11:35chapter and like, oh, what else am I going to learn?
- 11:37What, why do you think that is? What?
- 11:39Why is it so different now? You know, I think 1, I really
- 11:43like to challenge myself. It keeps me entertained.
- 11:47I want to better myself. I want to, you know, know a
- 11:52little about a lot. You know, I think it's just as
- 11:55you get older and out of school where it's kind of, I don't want
- 11:59to say forced on your throat. And in a way it's a non
- 12:02negotiable, you have to go. You're a kid.
- 12:04This is it, you know, but if you can make that it's something
- 12:09that's true value to you and, you know, really dig your teeth
- 12:14into it. I think it just, it changes the
- 12:16whole perspective of of what you're learning and what you
- 12:21what you take away from it. Well, you get to choose what you
- 12:24want to learn now, right? And you get to apply it.
- 12:27And I think those. Are too big real, real life of,
- 12:30you know, that, you know, I really like science, but I'm
- 12:32never going to be a rocket scientist, you know?
- 12:36But I think it's cool to do experiments with my kid, you
- 12:39know? So it's kind of that give and
- 12:41take, yeah. OK, so let's come back to Okra.
- 12:47We, we touched on it a little bit in the intro, but kind of
- 12:49plain language like who do you help and what do you do for
- 12:52them? Yeah.
- 12:53So we do bookkeeping for restaurants and restaurants
- 12:59only. And so we've got just over 400
- 13:03restaurants now that we service in some way.
- 13:07And So what we try to do is truly become your back back
- 13:10office support, right? We're a part of, we want to be a
- 13:13part of your team. We want to be hands on.
- 13:15We want to do as much as we possibly can so that you can
- 13:18focus on the restaurants being on the floor.
- 13:21Your managers are focusing on what they're what they need to
- 13:23manage, you know, and actually being on the floor, not just
- 13:26sitting behind a computer, entering invoices, you know,
- 13:29going through inventory changes, making sure the items are right,
- 13:33all of that. So what we try to do is really
- 13:36become a part of your team and your whole back office so that
- 13:40you can do what you start at a restaurant to do, you know, and
- 13:44and not be stuck behind a, a computer in the day-to-day.
- 13:48So more specifically within the restaurant space, like who's a
- 13:52good fit for you? Is there specific geography,
- 13:56maybe specific size either in terms of headcount, revenue,
- 14:01locations, fine dining versus QSR?
- 14:04Yeah, we have a little bit of everything.
- 14:07You know, we've got the sign dining groups, we've got the,
- 14:11you know, jack-in-the-box, Qdoba Wing stop area as well.
- 14:17And So what we really have done is built different teams to
- 14:21focus on different things, right.
- 14:23So if I know that there I have a manager who's really strong with
- 14:26quick service and sees it all the time, we try to pair you
- 14:29with those people. And I think honestly, you know,
- 14:34as far as people that that fit with us, you know, we really
- 14:37like the six to eight unit groups.
- 14:40Odds are you had a little bit of processes in place.
- 14:43You probably have some sort of controller manager director on
- 14:48board that can help facilitate some of these processes and
- 14:53really get value out of us and, and taking the data that we're
- 14:57providing and doing something with it.
- 15:01So we're here for everyone, right?
- 15:02So we can tailor our services to fit kind of any mold, which
- 15:06makes this pretty unique and, you know, able to push and pull
- 15:11when we when we need to do. You help prepare taxes at the
- 15:15end of the year. So we work directly with, with
- 15:18people's Cpas. So we have a lot, we partner
- 15:21with some Cpas, you know, and, and so most of the time what
- 15:28we're doing is getting, you know, we have a relationship
- 15:31with your CPA as well as your managers and, and everything
- 15:34else. So we kind of, we, we talk to
- 15:36everybody, yeah. And try to handle as much as
- 15:38possible. So, yeah, that's, that's been my
- 15:41life for the last six weeks. As we get as the year has ended.
- 15:44Yeah, I bet. Yeah.
- 15:46So bookkeeping, accounting, what's some inventory?
- 15:51What what's some of the like higher level like advisory work
- 15:55that you provide for some of your clients?
- 15:58Yeah. So we actually a part of the
- 15:59acquisition now. We offer fractional CFO
- 16:04services, which is exciting and new, but high level, you know,
- 16:08we're going through and we're like, hey, you know, your prime
- 16:10cost is 5% higher than what we're seeing.
- 16:14You know, I'm giving feedback to, you know, restaurants in New
- 16:18York City where I'm like, hey, just so you know, like you're
- 16:20not the only one that had a tough week this week.
- 16:24You know, as we're providing that those financials, you know,
- 16:27we have access to so many different parts of the country
- 16:32and, and niche, you know, restaurants to big restaurants
- 16:36that we can really say like we know this area is struggling,
- 16:39like you're not the only one feeling it.
- 16:42And we can provide that feedback of like your, your labor is
- 16:45really high or like this tech stack that you have going on
- 16:48right now, like let's, let's kibosh it, let's try again.
- 16:53So it's different, right? We can give feedback in so many
- 16:57different areas. And all of us have some sort of
- 17:01hospitality background. Everyone on staff, some at some
- 17:06point somewhere someone's worked in a restaurant or hospitality,
- 17:10whether that's bookkeeping, whether that's on the line,
- 17:12whether that's a Hostess, whether you're a server to
- 17:15really understand the struggles, right?
- 17:17It's a there's a lot of moving different pieces in in the
- 17:21restaurant world, so we we try to catch what we can when we
- 17:25can. That's so great, right, that you
- 17:28guys have such a big client base that you can be able to see
- 17:31those trends and share that, you know, anonymous.
- 17:35It's not like, oh hey. You know your competitor.
- 17:37Bob across the street, like look at his numbers.
- 17:40They they were terrible this week.
- 17:41No, it's just more like general like, hey, you know, we're
- 17:44seeing similar kinds of things or we're seeing something very
- 17:47different, which tells us that either you guys doing something
- 17:50wrong or maybe you guys are doing something, you know,
- 17:53really well. And you know, let's focus on
- 17:55that. That's interesting.
- 17:58So you guys, you you're offering fractional CFO services now
- 18:04through a recent acquisition. How recent was this?
- 18:06We're recording this in February of 26.
- 18:08Yeah, it just went through in December fully.
- 18:11Oh, this is brand spanking. It's brand new.
- 18:13Yeah. Yeah.
- 18:14So we're we're we're fall. We're all the pieces have fallen
- 18:18in line. Things have calmed down quite a
- 18:20bit. Yeah, it was newer for us.
- 18:23We've had a, you know, a good relationship with the multiply
- 18:26group, which is who we acquired or they're, but they're
- 18:29bookkeeping side is what we acquired.
- 18:33And so, you know, we've been talking over the last year or
- 18:35so, just, you know, more of like, how's it going for you?
- 18:39Oh, you know, how's it going for you?
- 18:40Well, you know, and just talking and building that relationship.
- 18:44And finally we just said, hey, So what do you think about this?
- 18:48And it was. It was a quick, easy, easy deal
- 18:53and decision to kind of push through.
- 18:55So I just want to make sure I understand clearly, did you just
- 18:59acquire their the bookkeeping side of their business or have
- 19:01you also taken in the ability to offer CFO services?
- 19:06So we've we've kind of done both.
- 19:08So the fractional CFO work is through the multiply group, but
- 19:14we do all of the multiply groups bookkeeping so that that that
- 19:19side of their business is what we acquired.
- 19:22Got it. And so the thinking is, you know
- 19:27is sort of the dust settles from integrating their bookkeeping
- 19:30side of the work that you guys will start to go out to your
- 19:34client base and say, hey, here's something else that we're able
- 19:37to do for you, the fractional CFO work.
- 19:40So it's a referral back and forth.
- 19:41Yeah. So someone, someone calls them
- 19:43for fractional CFO, someone calls us for bookkeeping.
- 19:46We can kind of give and take, you know it and tailor it even
- 19:51more to what their specific needs are as a group.
- 19:56Because, you know, not everyone needs fractional CFO.
- 19:59I think everyone needs strong bookkeeping, but it really
- 20:02depends on your your business and what's going to benefit you
- 20:07in the long term. Gotcha.
- 20:09So what are some of the trends that you're seeing here in early
- 20:122026? Who's up, who's down?
- 20:15What's working? What's struggling?
- 20:18Yeah, I think you're seeing less traffic in in general.
- 20:23A lot of the quick service is up and a lot of the fine dining's
- 20:28up because a lot of people I think are saving these
- 20:30experiences for, you know, they really want to go out and, and
- 20:36have an experience and save that, you know, save the cash
- 20:40of. We're going to go out to a
- 20:41really nice dinner once a quarter instead of going out
- 20:45once a week to see a lot of the quick service up, see a lot of
- 20:50the fine dining up. And then you see this kind of
- 20:52like middle group that that seems to, you know, struggle
- 20:56through 2025 and we see still kind of struggling in general.
- 21:04And so it's a, it's interesting just the trends that have
- 21:07happened over the last 11 years that I've been able to witness
- 21:11and how dramatically things change from season to season.
- 21:14And you know where our economy is at, where how people feel
- 21:19about going out and celebrating and, you know, cash being tight
- 21:23and families and that kind of dynamic.
- 21:29I want to shift back into a little bit more of your career
- 21:33trajectory. Started out as data entry.
- 21:36Today you're both COO and a partner in the group.
- 21:41Tell us how this unfolded. It's been a.
- 21:45It's been a ride, huh? Because it's just been 11.
- 21:48Years. It's been 11 years, yeah.
- 21:50I can't picture my life without it all to me that much.
- 21:54It's been fun, it's been interesting.
- 21:57It's been hard, you know, there's been moments of like, I
- 22:01just don't know if bookkeeping's for me.
- 22:04It's easy to get burnt out on. And you know, there's a lot of
- 22:09things we used to offer payroll services.
- 22:11We don't anymore. But you know, I, I worked in
- 22:15payroll for a little bit too and I was like, yeah, I don't, I, I
- 22:19don't like payroll. There's two, there's 30 pieces
- 22:22to the puzzle and people aren't looking at it.
- 22:25But it's been a it, it's been interesting and challenging.
- 22:29You know, we had I think 70 restaurants when I first joined.
- 22:33There was nine of us. Now there's a team, over 40
- 22:36people, 400 restaurants. We're all remote.
- 22:39We used to all be in this tiny little office in the middle of
- 22:42Denver. And yeah, just along the way,
- 22:47it's been, you know, gaining different knowledge from
- 22:52different people and different trainers and different mentors
- 22:55and different employees and seeing different walks of life
- 22:59and different clients who have taught me just so, so much of,
- 23:04you know, the bookkeeping side, the payroll side, the AP side,
- 23:07the operational side, the, you know, And so, yeah, it's been,
- 23:13it's been an interesting ride for sure.
- 23:15Who is someone specific that had a particularly big impact on
- 23:19your career? I'd have to say my, my now
- 23:24partner, who used to be my boss, Mark Rubenstein, who's our, our
- 23:28owner and founder. He, you know, our relationship
- 23:34has changed throughout the, throughout the time of me being
- 23:37at okra. But what he's always done is
- 23:40push me and always challenge me to do the next thing and like,
- 23:46Hey, we need a new process for this.
- 23:48Can you do it? And I'm like, I don't even know
- 23:49the process. And he's like, that's the point,
- 23:51you know, and that's talking to my peers and getting all the
- 23:54different and then being like, OK, this is how we're going to
- 23:57do this moving forward. And so he's he's pushed me to
- 24:02have uncomfortable conversations and I'm like, I don't want to
- 24:05call that person. He's like, I'm not calling that
- 24:06person and really taught me just everything that I know and has
- 24:13taught me a lot and has pushed and pulled when he needed to.
- 24:17He's been an absolute rock star dealing with my ups and downs
- 24:22and, you know, everything else. And, you know, this just, it
- 24:26made so much sense of, you know, like, I don't want to.
- 24:30I don't want to do this if you're not involved.
- 24:31I don't want to do this if you're not involved.
- 24:32Like, OK, well then let's do this and keep pushing and what's
- 24:37next? And that's exciting.
- 24:38And yeah, just keep each other entertained.
- 24:42Yeah. How?
- 24:43Long ago did you become a partner?
- 24:45Just this last year as we as we started the acquisition, that
- 24:48was kind of the the goal. You know, I worked as our
- 24:53Director of bookkeeping and then our Director of accounts payable
- 24:57and then kind of, you know, overall and slowly worked my
- 25:02way. You know, I managed the AP team
- 25:04and then I started managing our bookkeeping team and then I
- 25:07started managing our offshore teams.
- 25:08And then, you know, putting these processes in place that we
- 25:13could do acquisitions. And that was kind of the growth
- 25:16pattern that we decided to go with this last year of, you
- 25:20know, instead of doing the same thing we've always done, Let's,
- 25:22let's try to bring in other people.
- 25:24Let's try to, you know, branch off and offer different services
- 25:28and really become that one stop shop.
- 25:31And with that, you know, mindset, you know, we decided
- 25:36that that was kind of the, the next thing for me to, to take on
- 25:40cuz I was out. He was like, you're already
- 25:42doing it, you know, just put pen to paper.
- 25:45Yeah, at. That point so.
- 25:47This is a question that is way too early to ask since you guys
- 25:50have just completed your first acquisition, but is it in your
- 25:54mind that you want to do more of these?
- 25:57Yes. We were actually supposed to do
- 25:592 last year. And so we were, one obviously
- 26:04fell through and the other one went through and we learned a
- 26:09lot. And but we also learned that
- 26:11like it's so it's such an interesting pattern to push
- 26:17because we get different, you know, different relationships
- 26:22from different people and see different things and are able to
- 26:27kind of configure, you know, them into our processes because
- 26:31they are flexible, you know, in the restaurant world, like no
- 26:35one process fits all. And that's kind of how we're
- 26:39seeing with other firms too, as we have more conversations.
- 26:42So yeah, I could see there's there's an acquisition in there
- 26:46somewhere for us again. Yeah, yeah.
- 26:50Is it the goal to stay specifically within the
- 26:52restaurant space? Yes, you've got domain
- 26:56expertise. It's our, it's our, it's our
- 26:57specialty. And I think that's what makes it
- 26:59so it's, it's such AI don't want to call it niche, but there's
- 27:04such a demand for it where, you know, bookkeeping is
- 27:07bookkeeping. But when you're talking
- 27:08restaurants with all the moving pieces, I think having a partner
- 27:13that truly, truly understands what you're doing on the
- 27:16restaurant level is so significant and provides so much
- 27:21more than like, yeah, your prime cost is high, but they don't
- 27:23know what food cost should be right now.
- 27:25What is prime cost? Explain.
- 27:26That prime cost is the pretty much like your, your cost of
- 27:30goods sold and your labor and where you should be at within
- 27:33that realm. And so it's, it's your, you can,
- 27:38if you can tighten that up, then you have margin for everything
- 27:40else, right? And so that's kind of it.
- 27:44It's what we try to focus, try to get our clients to focus on
- 27:48when they first start struggling.
- 27:50And then everything else is kind of nitty gritty.
- 27:52And you know, you can't control your rent, but you can control
- 27:55your meat prices most of the time.
- 27:59And so where's a healthy place for that prime cost to be?
- 28:04Typically, I mean, depends on your restaurant, right?
- 28:10You know, I have a cheese steak place where all they serve is
- 28:13Philly cheese steaks and chips and that's it.
- 28:16And so when you're talking meat prices and you have one menu
- 28:20item that's you don't have a lot of wiggle room and you're, you
- 28:23know, 20 to 25% food cost. And same with labor cost.
- 28:28Are you full service? Are you a coffee shop?
- 28:30Are you right? So some of this give and take.
- 28:33So it's kind of hard to say in general.
- 28:36It depends on where you're at in the industry.
- 28:37Yeah, how about a QSR? Where should they be?
- 28:40QSR, I would say around that 60 to 65%.
- 28:45OK. And then how does that compare
- 28:47to like fine dining, just so we get an idea of the range?
- 28:50Fine dining, I mean, I would say you want to be kind of within
- 28:54that same, right? You might be a little higher on
- 28:56your labor because you've got so much more or you might be higher
- 28:59on your food costs because you're providing some extra
- 29:02specialty items. But finding that sweet spot
- 29:05really depends on your sales and where you're at.
- 29:08You mentioned earlier that, you know, it's really easy to get
- 29:12burned out on bookkeeping. And there were times where you
- 29:14sort of like, I don't know what this is for me.
- 29:17How did you push through that? I think it's it's finding
- 29:22something new to challenge myself and and finding that next
- 29:25problem to solve, right. And when you're going through
- 29:28and you're like, this is always a pain and I don't want to do
- 29:31this this week, but why don't I want to do it?
- 29:34And why is it because I personally don't want to do it
- 29:38because there's a better way to do it and it's taking longer
- 29:43than it should. It's a, you know, it's one of
- 29:45those tasks that like it should be automated and it should be
- 29:49fine and it should. And, and here I am like sitting
- 29:52here trying to pinch pennies and, and match, you know,
- 29:55spending dollars to chase pennies.
- 29:57I've always, I've kind of always said this with this business,
- 30:00you know, in general. And so I think it's, it's, it's
- 30:05finding something to be excited about and understanding your
- 30:09next step and understanding, you know, is there something more
- 30:12for me? Is there not, is there, is there
- 30:16a challenge that I can dig my teeth into to keep me motivated
- 30:21to do more, you know, and so. You like being challenged, you
- 30:25want you want to tackle that next.
- 30:27Problem you want to come up. With the next solution.
- 30:30I do, yeah. Yeah.
- 30:34What's some of the most common accounting mistakes that you see
- 30:38people make when they first come to you?
- 30:41Yeah, I think it's a lot of, but we've always done it that way.
- 30:47You know, there, there's a lot of that.
- 30:50There's a lot of I'll, I'll finish the books later or, you
- 30:54know, where people really put it to the side because maybe cash
- 30:58flow isn't that tight and you're, you're paying your
- 31:00vendors on time and people are getting paid.
- 31:02OK, whatever. I'm good.
- 31:06And you're leaving a lot on the table in general when you, when
- 31:10you do that. And I think that there's a big
- 31:12misconception that, you know, if it's not broken, don't fix it.
- 31:17You know, my bank account is not going negative, so I'm good.
- 31:21But having real time financials and bookkeeping at your
- 31:26fingertips, which we've really, you know, we're closing your
- 31:28books weekly so you're able to pivot quickly, right?
- 31:33Like, Hey, your meat cost, you know, Cisco, you had a
- 31:36contracted price with Cisco and they messed it up and all of a
- 31:40sudden now you're paying $20 more a case.
- 31:44And you're, if you're not getting that information that
- 31:46can go on for months and then all of a sudden you're like,
- 31:48wait a second, why is my prime cost 75%?
- 31:52Why am I, you know, and if you're not doing your, your
- 31:56books like that and you're not getting the data back to you in
- 31:59a timely, efficient manner, you can't, you can't make smart like
- 32:04confident decisions in your business at, you know, when they
- 32:08need to happen. Most of the time this is
- 32:09snowballed so far out of control that you have no idea that is
- 32:15that it's been happening. I love that Cisco Beef price
- 32:18example that you gave. What would be another example of
- 32:22some things that you can identify because you're closing
- 32:25those books on a weekly basis for them?
- 32:28Yeah. I think another one is it's
- 32:31probably the the labor piece. You know, we had a, we had a
- 32:35client come on this last year where we're, we're looking at
- 32:38their payroll reports and we're looking at their, their tips.
- 32:41And you know, we're like things aren't quite adding up on, on
- 32:46your cash flow side. Like where are your cash
- 32:48deposits going? And they're like, well, they go
- 32:50to tips, but you guys aren't reporting any tips.
- 32:53What do you mean we're not reporting any tips?
- 32:55Who's doing your payroll? And so it's these like, if you
- 32:59don't, you don't know until you know, right?
- 33:02And so that was that was a big, big example where I was like,
- 33:05yeah, you're, you're saying it's going to tips, but your managers
- 33:08aren't depositing anything and now you're not reporting them.
- 33:11And now you have a, you know, an issue that could turn into a
- 33:14legal situation where you could get sued for not reporting wages
- 33:19properly. It's part of the reason we got
- 33:22out of got out of payroll. But we can identify some of
- 33:25these, you know, bigger issues that people aren't necessarily
- 33:28seeing. So when you got out of payroll,
- 33:31did you start referring your clients to a particular partner
- 33:34that you like, or was it just sort of like, hey, you know,
- 33:37here's some options, you know, you guys can shop around?
- 33:40Yeah, I mean we have kind of just like a referral list of of
- 33:43platforms that we enjoy and like you know, easy reporting, people
- 33:47paying attention, that kind of stuff.
- 33:49I mean it's such a depends on your needs and how big you are
- 33:53and how complex your your payroll gets.
- 33:57But we have a handful of just different providers that we're
- 34:00like, that one's going to fit best that we really enjoy, yeah.
- 34:05And are they specific to the restaurant industry or payrolls?
- 34:08Payroll, not kind of on the payroll side.
- 34:12We do use restaurant 365 as our software who does offer payroll
- 34:17services now and so we exclusively work in restaurant
- 34:22365. It's kind of a one stop shop and
- 34:25keeps the the tech stack as as low as possible, which I is what
- 34:29I kind of shoot for when we pull someone on.
- 34:32So if a client comes to you and they're not using that platform,
- 34:36part of what you do is transition them over.
- 34:39Correct. Yeah.
- 34:40And what does this platform do? Is it accounting, bookkeeping?
- 34:45Is it the inventory? Everything at this point it is
- 34:51inventory, bookkeeping, payroll, I think they have scheduling now
- 34:58and task management and onboarding and all of that.
- 35:03So it's it's kind of a one stop shop for restaurants in general.
- 35:07They're great. We've been with them for the
- 35:08last, I think we were their second accounting partner ever.
- 35:13And so we've been with them kind of from the jump when it was
- 35:15just a, an accounting platform specifically built for the
- 35:19restaurant industry. And now they're, they've really
- 35:24grown as have we. And so they, they really took in
- 35:27all the pieces. So it's it's a really cool
- 35:31software for restaurants, yeah. Sounds like you've got a great
- 35:33relationship with. Them we do.
- 35:35Yes, it's nice to have partnerships like that.
- 35:37Exactly, Yeah. So you recently wrote about
- 35:41balancing the art and business of restaurants.
- 35:45Can you tell us what you mean by that?
- 35:48Yeah, it was. That was such a fun article to
- 35:50write. It was.
- 35:52It's really about how do you keep what makes a restaurant
- 35:56special without, you know, giving away too much for a
- 36:02better financial picture, right, Without having cheaper products,
- 36:06without stopping the R&D of, of your, of your restaurant in
- 36:12general and really honing in on most people start a restaurant
- 36:16because they like to cook food and they like to host people and
- 36:19they like being in hospitality. Not a lot of people get it into
- 36:24like, I'm going to make millions because if you're in the
- 36:26restaurant industry, you know, you're not typically, it's just
- 36:30not how that goes. And so there's a, there's a
- 36:32special like, you know, you're inspired to do what you came
- 36:38into it to do and, and now you want to make it profitable as
- 36:41well, just like all of U.S. business owners do, right?
- 36:43You want to do something you love doing while making money.
- 36:48And so it, it was an article kind of balancing, you know
- 36:52what, what is going to keep you engaged and what's going to keep
- 36:57you profitable and finding and finding that right balance.
- 37:01Your insights have also been featured in Total Food Service
- 37:05magazine. What did you share there?
- 37:09I think that article was published there and then we also
- 37:13we had I think one came out today actually hot off the.
- 37:19Presses. What is this one?
- 37:23I don't remember. I have to.
- 37:25I wrote it a month or a month or two ago, so I don't actually
- 37:29need to go back and look. But yeah, we wrote about four
- 37:34articles with Total Food and Service that have been a ton of
- 37:38fun. And yeah, me and Mark kind of do
- 37:42those together. We wrote one about tech stack,
- 37:44we wrote one about the art and inventory management.
- 37:51So yeah, it's been a lot of fun. So let's talk more about, excuse
- 37:54me, tech stack. You work exclusively with
- 37:57Restaurant 365. What else are you guys using
- 38:01behind the scenes? Are you leveraging any AI
- 38:04components yet? Anything else that's helped you
- 38:07drive more? Efficiency, not quite yet.
- 38:11We, you know, we, we went to RFDC, which is this huge
- 38:17restaurant conference in Vegas every year.
- 38:21And AI is such a buzzword right now and it's, and I can see it
- 38:27having so much good capabilities and help automate everything.
- 38:32And Restaurant 365 has done a lot to, you know, we have
- 38:36integrations with vendors directly.
- 38:38So invoices are just importing and your sales are importing
- 38:42every morning. And so there's, you know, and
- 38:45your labor can automatically post.
- 38:47And so there's a lot of advances there.
- 38:51You know, we spent some time building out some bots to
- 38:54hopefully automate even more, but it all comes with its own
- 38:57specific set of challenges where we're getting wrapped up in
- 39:01technology more than we are looking at, you know, looking at
- 39:05books and keeping that personal relationship.
- 39:07So it's it's finding the balance of what's worth the time and
- 39:12managing the system that's not going to make us lose our touch.
- 39:16Because restaurants, I mean, you've got kitchen managers who
- 39:19are running around and, you know, this invoice falls behind
- 39:22oven and here's a stain and I'm going to snap a picture.
- 39:25And, you know, AI can't necessarily read that as perfect
- 39:30as a human could, right? You have some of that human
- 39:33connection and like, Oh yeah, I can tell that's an 8 or, you
- 39:37know, can make an educated decision on like a bot would.
- 39:41And so we're, we're still, we're not, we're not shut off.
- 39:45I'm, you know, I, I look at different systems every day and
- 39:48different partnerships we can do with different AI companies.
- 39:52We just haven't found one that's like, yes, that's that's it.
- 39:56Yeah, the right fit. You know, a lot of the groups
- 39:58that I talked to, they are looking at AI as a way.
- 40:03To take people away from sort of the monotonous work and allow
- 40:08them to have more of that direct customer interaction, that more
- 40:11human touch, more of the consulting and the advisory
- 40:14work. Is that kind of how you guys are
- 40:16like thinking about hoping to get to?
- 40:18Yeah, exactly. Yeah, that's, that's what we're
- 40:21hoping to get to. It's like, it's like I don't
- 40:23want to have to log in a DoorDash every week to pull that
- 40:25report to post your fees. You know, something should be
- 40:29able to do that. And what you run into is a lot
- 40:31of this like two factor authentication or you need a
- 40:35code to get into this, to do this, to do that.
- 40:39And so if there's certain industry standard, like
- 40:44challenges that we're facing as far as, you know, banking and
- 40:47DoorDash and just different sites to get logged in and we,
- 40:52you know, but we'll keep keep trying to find a solution.
- 40:54But that's, that's ultimately the the goal, right is.
- 40:58That's the big picture vision. That's the big picture vision,
- 41:01yeah. So you've been in this business
- 41:04for 11 years. A lot of changes have taken
- 41:07place during that time, a lot of trends, ups and downs.
- 41:10What do you think is the biggest change that you've witnessed in
- 41:13your eleven years in the space? I think COVID changed a lot.
- 41:18That was like probably the biggest transition and something
- 41:22that we still see today of just how people look at restaurants,
- 41:28how people look at eating out, how restaurants function, how
- 41:33our world functions, right? We were all in office in by in
- 41:372020. Now we're all fully remote,
- 41:40which is great because we've been able to bring on some great
- 41:44employees in the last six years that maybe we wouldn't have been
- 41:48able to if we really had this, you know, like we only want this
- 41:51area cuz we want you to come into the office, right?
- 41:53And you see a lot of that in the restaurants too, of how things
- 41:57have changed to go platforms third, you know, delivery
- 42:02services, different automations and handheld, you know, POS
- 42:07systems, AI even on inventory counts and that kind of stuff.
- 42:14You know, different companies that come in and take your
- 42:18inventory for you. And so you've seen a lot of
- 42:21different trends and you've also seen trends on how people spend
- 42:25money change drastically, which I think is still part of the
- 42:30restaurant world in general. What if I want to go next here
- 42:38with you, Layla? We've covered some really good
- 42:40ground today outside of the acquisition.
- 42:45What has been one of the more effective growth strategies for
- 42:48you guys up to this point? I think it's really we've, you
- 42:54know, I've, we've restructured how we onboarded clients, which
- 43:00helped retain clients better and drive more referrals in.
- 43:07And so that was a big part and just joining different
- 43:11alliances, getting in front of different people where we
- 43:14wouldn't have normally thought of.
- 43:16You know, we don't do a lot of big conferences, but you know,
- 43:21we like being a part of like the Colorado Restaurant Association,
- 43:24the New York Hospitality Alliance, the and showing up in
- 43:28different ways, like let's go to a happy hour, let's go here and
- 43:32you know, it's hospitality. People want to see people.
- 43:36That's our whole industry. We want to have that personal
- 43:39touch. And so it's changed a lot when
- 43:42it's not like, hey, we're bookkeepers, but no, we're here.
- 43:46We're part of your team, we're part of the industry.
- 43:48We, we care, you know, you're your businesses keep us alive.
- 43:54And so we want to make sure that we're giving back as much as we
- 43:57can and and being involved in and building those relationships
- 44:02in general face to face. So people who are in the
- 44:06restaurant industry, even if they're not clients of yours, do
- 44:10you feel like you've got like pretty good like name
- 44:15recognition people know who okra is?
- 44:18I think so, yeah. I mean it.
- 44:20It's a, I don't want to call it a small world, but it's how we
- 44:24do most of our marketing. It's word of mouth, so and so,
- 44:27no so and so who called so and so, you know, and it's kind of
- 44:31how we operate too. One of our clients wants to open
- 44:34an ice cream shop. Hey, let me link you with these
- 44:37guys who own an ice cream shop and they can talk you through
- 44:40the challenges that they've had that maybe you're not ready for.
- 44:45It's investors of restaurants where they're like, you know,
- 44:49oh, you're struggling with bookkeeping and I can't get a
- 44:52good financial report. You got to call Okra and start
- 44:55your bookkeeping going. And same with like our, the CPA
- 44:59firms that we work with and, and everything else.
- 45:01That's that, that good balance of, you know, you're, you're
- 45:04struggling in this area and we have a, we have a referral.
- 45:08So I would say that's our number one kind of marketing platform
- 45:12is just word of mouth. Is there anything specific in
- 45:17terms of how you do the books or specific challenges when it
- 45:20comes to franchises? Not necessarily other than they
- 45:26need some different reporting, you know, or, or they have
- 45:31different guidelines of when you need to submit your books to or
- 45:38you know, we just close books for someone who has an audit
- 45:41every year around this time before they can close officially
- 45:44close their books from their investors.
- 45:47So it's just getting everyone prepped for maybe those audits
- 45:51or closing for Cpas or anything like that, but not necessarily.
- 45:57There's more pieces to the puzzle of franchising, right?
- 45:59You have your royalties and your franchise fees and advertising
- 46:02fees, but it's, you know, it's nothing that we haven't seen or
- 46:07done. You have any recommendations for
- 46:11our listeners courses, podcasts, books that have been helpful to
- 46:17you in your development that they might find interesting?
- 46:21You know, I I just did AI just read through a book called the
- 46:27Middle Finger Project. Talks about imposter syndrome
- 46:31and overcoming that and it's very straightforward.
- 46:37I absolutely love it. The other book that I read is
- 46:42called Getting to 0 and it is about solving conflicts in
- 46:48general and walks you through, you know, how to handle
- 46:54conflict, how to address it, when not to address it because
- 46:57it's just maybe not worth the time.
- 47:00And that has been such a transformation for me of do I
- 47:06need to give this my energy? No, OK, you know, or when it
- 47:11when it's really stuck with me and when I when I do really need
- 47:13to give it energy and thought and process.
- 47:17And so that one has been the last three years of my life, a
- 47:21very, very helpful tool for me. I haven't read it like 3 times.
- 47:26Oh wow, okay, give us some more of the big take away.
- 47:29So getting to 0 is the name of the book and basically the idea
- 47:33is conflict resolution and like teaching you or helping you get
- 47:39to the point where it's like, wait a minute, is this something
- 47:41I even really need to be spending energy on or can I just
- 47:44let it go? Is this a mountain that's not
- 47:47worth dying on? Yeah, exactly.
- 47:49It's, you know, like, is this bothering me and why is it
- 47:52bothering me? Is this about me or is this
- 47:54about them? You know, is it a true conflict
- 47:57that I need to address or is it a true like that client left and
- 48:02it wasn't because of me or our services, it just wasn't a good
- 48:04fit. And I don't need to take it
- 48:06personally and giving that feedback to my, to my team
- 48:10because they, you know, they take it personally too when
- 48:13someone's decided to move on. And I want, it's like, hey, some
- 48:16of it is our fault. We're not perfect.
- 48:18We're human just as everyone else.
- 48:22And other times it's like, you know, it just wasn't a good fit
- 48:27and that conflict wasn't going to get resolved.
- 48:30And it is what it is. It's time to move on.
- 48:32There's better fits out there, you know, And so it's helped a
- 48:36lot, not only with, you know, my myself and keeping my confidence
- 48:41up and knowing what I'm doing and building my team, but also
- 48:44keeping my team strong. And, you know, like, hey, don't
- 48:48sweat it. Roll it off.
- 48:49Let's go. Time to move on.
- 48:50You know, that person was a jerk.
- 48:52You know, let's we don't need to respond to that e-mail.
- 48:55Addition by subtraction. Exactly.
- 48:59So it's great. I mean, it's such a such a
- 49:02helpful tool. So the way I heard you talk
- 49:05about it, there was more about letting it go, letting the
- 49:10conflict go. That was an angry client e-mail
- 49:13is not a good fit for us. We don't need to engage and keep
- 49:16that back and forth angryness going.
- 49:20Did you pick up things from it where it's like, no, this is
- 49:23something we need to engage in? And now that I figured that part
- 49:27out, like here's a different strategy to approach that.
- 49:30Concept Yeah, definitely. I mean there's the whole other
- 49:33side, right? Of like we did mess that up.
- 49:36That's that's a big conflict or you know, this is something that
- 49:40we need to dig our teeth and and understand why it happened and
- 49:43how we prevent it from happening again and really, really sitting
- 49:47with an understanding or processes OK, yeah, we messed
- 49:53that up or yeah, there was different ways to approach it.
- 49:56How did we get to where we got and how can we prevent it from
- 49:59happening again? And how do we take
- 50:01accountability for it and owning our piece of of the puzzle,
- 50:06right? I think right now it's
- 50:08especially behind screens. It's very easy to point fingers
- 50:11back to each other. Well, I thought, well, I
- 50:14thought, and it's like, how do we get those clear guidelines of
- 50:17like, there was no question of who should have done what?
- 50:22And that it helps a lot when you go through this, you know, the
- 50:26strategy of, of how this author describes, you know, resolving
- 50:32conflict and owning our peace and letting go of maybe the
- 50:35pieces that didn't fit. But how you take accountability
- 50:39and how you move forward and make sure that you know you
- 50:43you're doing the best that you can and not making the same
- 50:46mistakes or not creating the same conflict.
- 50:49No. And I like that.
- 50:51I like that a lot. Yeah.
- 50:53You know, since we're on sort of this path of, you know, learning
- 50:56from mistakes and, you know, going through some challenges,
- 50:59I'd like to hear Layla about particularly the big challenge
- 51:02that you've overcome in your life, hard time you went
- 51:05through, how you got through it and what you learned.
- 51:09Yeah, I mean, I think we touched on it kind of in the beginning.
- 51:13You know, I dropped out of high school.
- 51:15I watched my mom battle with addiction for my entire life.
- 51:19And my dad, who worked relentlessly trying to raise us,
- 51:26need my sister and brother on his own as a single parent.
- 51:32And it was one of those where he did the best with the tools he
- 51:35had. And, you know, and coming
- 51:40overcoming that in general of my own, you know, watching my mom
- 51:44battle with such a hard, difficult thing and watching my
- 51:48dad go through it alone and how that translated to me.
- 51:52And, you know, I had a drop out of high school.
- 51:56I had to get a job. I had to move forward and I had
- 51:58to grow up quick and I had to grow up fast.
- 52:02And part of that, you know, LED into me making a lot of mistakes
- 52:08in younger years. And, you know, I, I got married
- 52:12young thinking it was the best thing for me.
- 52:15And now, you know, divorced and a single mom and running a
- 52:20business and everything else. And on the surface, you know, it
- 52:23looks great and fantastic. And I've overcome a lot, you
- 52:29know, and I've actually just sat down with one of my friend's
- 52:32kids who's 18. She's like, I want to be where
- 52:34you are. And I'm like, stop, no, you
- 52:37know, relax, go to college, get a job, enjoy.
- 52:41You're, you're just starting out.
- 52:44Don't fall in my footsteps. It wasn't fun to get here.
- 52:46I got here out of desperation and overcoming a lot.
- 52:52And I don't, I wouldn't picture, I don't want to picture that for
- 52:55anyone that I love. Made a lot of mistakes along the
- 52:58way. I made a lot of great decisions
- 53:01too. And, and you know, grew myself
- 53:03and knew, you know, if if you focus on drugs and alcohol,
- 53:06you're not going to be here. You watch what happened with
- 53:08your mom. Don't do that.
- 53:11And it, it took a lot of, you know, trial and error,
- 53:13especially watching all my friends go off to college and
- 53:15parties and, and then here I am married and have a kid and, you
- 53:21know, where did my 20s go? And so, yeah, it's been a wild
- 53:26ride. I wouldn't, I wouldn't change it
- 53:28for myself because it got me to where I am.
- 53:30And I, I do. I love every bit of my life.
- 53:33I love my job. I love my son.
- 53:34I love my dog, you know, have so much fun doing it, but I wish
- 53:40someone would have told me to slow down.
- 53:42Interesting. As you look back over that
- 53:46difficult arc in your life, do you think if you had followed a
- 53:52more traditional path, you had a more stable home life, went off
- 53:56to college like your friends did, and then you know from
- 53:59there move into a job? Do you think you would be where
- 54:02you are with your career progression?
- 54:06No, I don't. And I think it it motivated me
- 54:11in different ways and it showed me different sides of me that I
- 54:18don't think I would have ever or wouldn't have seen as early as I
- 54:21did had I had traditional upbringing and education and
- 54:27everything else. I think at the heart of who I am
- 54:30is has always been there. But I, I don't know if it would
- 54:33have came out the way that it did and pushed me as far as it
- 54:37did, you know, with that motivation and everything else.
- 54:42You know, the other book that you mentioned, the Middle Finger
- 54:46Project, which talks about imposter syndrome, a familiar
- 54:50topic on this show. I wonder, do you think any of
- 54:55that? I mean, the fact that you read
- 54:56that suggests to me that that's something that, you know,
- 54:59imposter syndrome, like a lot of high performers that you deal
- 55:01with. Yeah.
- 55:03Is that something do you think that maybe is driven by some of
- 55:06those earlier experiences, you know when you.
- 55:10Said you had to grow up too fast.
- 55:12Yeah, definitely. I mean, it was there was a lot
- 55:14of just like fake it till you make it, walk in the door and be
- 55:19there, be present, you know, and it changed into putting myself
- 55:25into rooms that I wanted to be in.
- 55:26I wanted, you know, it's like going to the gym.
- 55:29I wanted to be fit and I wanted to be healthy.
- 55:33And if I don't show up in the room, that's going to make me
- 55:35fit and healthy. I can't be fit and healthy, even
- 55:38though I might feel like I don't fit in, but I will eventually,
- 55:42you know, and it's scary to walk in the door.
- 55:45It's scary to go to the conference.
- 55:46It's scary to have be a podcast guest, right?
- 55:50It's, it's all those things, but putting yourself in the room
- 55:54and, and pushing yourself forward feels very impostory and
- 56:01feels very just terrifying. Like, should I be here?
- 56:05Why does someone want to talk to me about my life?
- 56:07Why, why would someone listen to me about this?
- 56:12You know, I actually, I went to a conference last year that had
- 56:15a, a whole breakout session about imposter syndrome and it
- 56:21was watching these, I think there was, it was 4 and it was
- 56:25an all women's conference. Four women sit on stage and say
- 56:28the same things that I felt, you know, and I'm like, OK, so we
- 56:32all feel the same way. Got her.
- 56:33I'm not doing, I'm not any different than anyone else, you
- 56:37know, And I think it was, you know, right before I walked into
- 56:41that breakout session, my, my partner, my now partner Mark
- 56:45sent me a very long test text about.
- 56:48And as you walk in here and think about how you're an
- 56:50imposter, here's all the things that you did this last year for
- 56:53our company. And so it was really this like
- 56:57big trajectory for me and the middle finger project, same
- 56:59thing where I was like, OK, I can breathe.
- 57:02You know, I'm, it sometimes feels like, yeah, sure, I'll
- 57:06figure that out, no worries. And it's because I will and I
- 57:09can and I have the tools to do it.
- 57:11Yeah. Yeah, I can tell you from
- 57:14experience, Layla, on this show, imposter syndrome comes up a lot
- 57:19and from people who are wildly successful founder and CEO, you
- 57:24know, thousand employee companies and, you know, they've
- 57:29done tons of press, tons of, you know, speaking and they'll
- 57:32confide the same thing. Like I was nervous to come on
- 57:35this show, like who wants to hear my story kind of a thing.
- 57:39And I had one guest that, that, you know, I, I think back to
- 57:43this conversation often who was able to change his relationship
- 57:48with imposter syndrome in a way that I now try to embrace.
- 57:52And I'll share it with you just in case there's any value for
- 57:54you to pull out or for our listeners.
- 57:56He actually views imposter syndrome as his superpower
- 58:02because it's the thing that kicks him in the butt every
- 58:05morning when he's laying there in bed.
- 58:06Like, I don't want to get up, kicks him in the rear end to get
- 58:10up out of bed and and go do a better job.
- 58:12Yeah. Because it's this, this is
- 58:14nagging down in his head that right.
- 58:17If I done enough, you know, who am I?
- 58:20And just like gets him out of bed to to go and prove himself
- 58:24again every day. Yeah.
- 58:26That's such a great perspective on it.
- 58:28I mean, it really when you look at it, it's the same reason we
- 58:32like challenges, right? It's going to keep me, it's
- 58:35going to keep me coming back because it's going to nag at me
- 58:37until I do. And so that's that's an awesome
- 58:41perspective I love. That and since we talked about
- 58:44his superpower. What's your superpower, Layla?
- 58:52You know, I really I think it's being able to foster
- 58:58relationships the way that they need need to be right.
- 59:01I think it's accept people as they are in place and
- 59:03accordingly. It's one of the biggest things
- 59:06that I've I've done the last three years or so of you're
- 59:10really good at that. And we're going to we're going
- 59:13to use that and being able to identify what keeps people going
- 59:17and what why they show up every day and respecting it right.
- 59:22I have an employee that I would give her my job tomorrow if she
- 59:26asked me for it because she's that good.
- 59:28And she's like, I just want my kids are off to college.
- 59:32I just want to sit here and plug away.
- 59:34And I'm like, great, you should do that.
- 59:37And I'm going to respect that. And having empathy for people
- 59:40situations of, you know, this is where we're at and this is where
- 59:44you need to be placed being honest about it.
- 59:47And I think that it's a really good superpower of mine or you
- 59:52know, of being able to lead in that, that type of direction.
- 59:56Yeah, I like that. I've just got one more question
- 59:59for you today, Layla. But before I ask it, I want to
- 1:00:02do 3 quick things. First of all, anybody that wants
- 1:00:05to get in touch with Layla, two options.
- 1:00:08One, I've got her e-mail address here.
- 1:00:10Layla Layla at. Okraocra-us.comlayla@okra-us.com
- 1:00:19It'll be in the show notes as will link to her LinkedIn
- 1:00:23profile, which is another great way to get in touch with her.
- 1:00:25You just look up Layla Ebersole on call restaurant accounting,
- 1:00:29you will find her. She's the only one.
- 1:00:32And if you're listening to the show today and you're enjoying
- 1:00:34it, a quick review or on your favorite podcast app will go a
- 1:00:38long way towards helping others find the show.
- 1:00:40So thank you for taking a quick moment to do that right now.
- 1:00:44And as a reminder, you can be the hero advisor that helps
- 1:00:47clients give their employees access to therapists, doctors
- 1:00:51and prescription meds while paradoxically increasing their
- 1:00:55net profits. Real gains that can change how a
- 1:00:57business is valued. Learn more today at AD back
- 1:01:00benefits.com. So last question for you, Layla.
- 1:01:03A year from now, what is 1 very specific thing that you hope to
- 1:01:07be celebrating? Man, that's such a hard
- 1:01:13question. Could be personal, could be
- 1:01:20professional, wherever your head goes.
- 1:01:23Yeah. I mean, I think I really would
- 1:01:27love to be celebrating growing our team further and growing
- 1:01:35Okra further and seeing where we're at, whether that's 500
- 1:01:39clients or new employees or wherever we might be at.
- 1:01:45But yeah, I mean, I think that's one what I'm most excited about
- 1:01:48and seeing. You know, we've done it once,
- 1:01:51can we do it again with an acquisition and see see what
- 1:01:54unfolds from there and put my new skills to to use?
- 1:02:01Yeah. I'd really love to be
- 1:02:02celebrating kind of that, that growth trajectory that that okra
- 1:02:05is headed in right now. Yeah, you're still you're always
- 1:02:09looking for that next challenge. Always.
- 1:02:11Yeah, I just started golfing too, because I I needed, I
- 1:02:15needed something new to learn. And that's got quite a growth
- 1:02:19curve to it, so. It does.
- 1:02:21It's humbling, I'll tell you that.
- 1:02:23Yeah. Yeah, you won't.
- 1:02:25You won't ever stop learning with that.
- 1:02:26Sport. No, Exactly.
- 1:02:28Yeah, good for you. Well, Layla Ebersol from On Call
- 1:02:31Restaurant Accounting, I wouldn't be the first to thank
- 1:02:33you for sharing both your time and your story with us today.
- 1:02:36I really appreciate you being here.
- 1:02:38Yeah. Thank you so much.
- 1:02:39I really appreciate it. Folks, that's a wrap on another
- 1:02:42episode of the Inspired Stories podcast.
- 1:02:44Thanks for learning with us. And if one thing stood out, put
- 1:02:48that into action today.