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Study Hall: Why One Great Employee Equals Two Regular Workers · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J.
• 0:20
  Speaker 2: Trump's leadership.
• 0:21
  Speaker 1: I'm Christy nom the United States Secretary of Homeland Security.
• 0:25
  Speaker 1: Under President Trump, attempted illegal border crossings are at the
• 0:29
  Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
• 0:33
  Speaker 1: aliens have been arrested. If you are here illegally, your
• 0:37
  Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned,
• 0:41
  Speaker 1: and deported.
• 0:42
  Speaker 2: You will never return.
• 0:44
  Speaker 1: But if you register using our CBP home app and
• 0:47
  Speaker 1: leave now, you could be allowed to return legally.
• 0:50
  Speaker 2: Do what's right. Leave now.
• 0:53
  Speaker 1: Under President Trump, America's laws, border and families will be protected.
• 0:57
  Speaker 3: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 4: Me and Troy were at a summit a few weeks
• 1:02
  Speaker 4: ago in the Hamptons and he learned something that was
• 1:06
  Speaker 4: very insightful. So they were saying that Netflix Netflix right.
• 1:11
  Speaker 4: Netflix has an online manifest though that everybody should read,
• 1:15
  Speaker 4: and it like outlines their company structure, and they were
• 1:18
  Speaker 4: saying that they pay the most out of any streaming company,
• 1:21
  Speaker 4: they pay their employees the most, and reason being it
• 1:24
  Speaker 4: was like, the theory is that one good employee is
• 1:29
  Speaker 4: actually worth two people. So I'd rather pay you more
• 1:34
  Speaker 4: than what other people will pay you because I'm actually
• 1:35
  Speaker 4: saving money. And if you are, if you're an employer,
• 1:40
  Speaker 4: you know how dangerous one bad employee can be and
• 1:45
  Speaker 4: how valuable like one and good like they say, one
• 1:48
  Speaker 4: good a few good men. One good employee can really
• 1:52
  Speaker 4: change the direction of your whole entire company. So that's
• 1:55
  Speaker 4: extremely important to always look at employees as an investment,
• 2:00
  Speaker 4: is like, and especially when you start, it can be
• 2:02
  Speaker 4: kind of scary. It's like I don't even have enough
• 2:04
  Speaker 4: money to, you know, really fund the business properly, Like
• 2:08
  Speaker 4: how am I gonna pay somebody? But sometimes you have
• 2:10
  Speaker 4: to take the leaf of faith because yeah, that one employee,
• 2:14
  Speaker 4: if you're paying them fifty thousand or whatever, they could
• 2:16
  Speaker 4: potentially bring in three hundred and fifty thousand for you.
• 2:19
  Speaker 4: So but I wanted to ask you a question in
• 2:22
  Speaker 4: regards to what you had mentioned the hospitality, So what's
• 2:26
  Speaker 4: your port for How many restaurants do you currently have
• 2:28
  Speaker 4: right now?
• 2:29
  Speaker 5: So currently I have Marrows, I have Monday, I have
• 2:32
  Speaker 5: sun showing in the French Quarter. I have a Marrow
• 2:35
  Speaker 5: State that's opening up in like two months downtown New Orleans.
• 2:38
  Speaker 5: And I have a spot called Spicy Mango that's opening
• 2:41
  Speaker 5: up on Frenchman Street.
• 2:43
  Speaker 6: And a club.
• 2:44
  Speaker 5: Oh yes, the club. So five restaurants, one club.
• 2:47
  Speaker 6: Five restaurants, one club. Yeah, so very impressive, by the way.
• 2:51
  Speaker 4: Congrats, because they're all different type of.
• 2:54
  Speaker 5: Restaurants are different type. That's the hardest thing to talk
• 2:57
  Speaker 5: about that. Well, so I'm creating different conds. I'm saying,
• 3:00
  Speaker 5: like you know, of course that's the formula to to
• 3:02
  Speaker 5: disaster essentially, because now you're trying to recreate a whole
• 3:06
  Speaker 5: new situation. Like we're using the same blueprint for everything.
• 3:09
  Speaker 5: We're doing same system, same everything, right, but you know,
• 3:13
  Speaker 5: me creating different concepts. It's like I got to hire
• 3:16
  Speaker 5: new selfs. I gotta find new people to come help
• 3:20
  Speaker 5: create this vision. So that's tough, and you know, that's
• 3:23
  Speaker 5: just the route I'm going right now. But my ultimate goal,
• 3:26
  Speaker 5: like you know, right now, we're working on Morrows h
• 3:30
  Speaker 5: Houston for twenty twenty four, and it'll be easier to
• 3:33
  Speaker 5: go create a new Morols versus create these new concepts.
• 3:36
  Speaker 5: Because I got staff, I can move to Houston and
• 3:39
  Speaker 5: you know, run it, you know, and who who know
• 3:41
  Speaker 5: who know the system versus you know, going to create
• 3:44
  Speaker 5: a new concept, new menu, new SEFs and everything. But
• 3:47
  Speaker 5: I'm learning that, you know what, Like we were just
• 3:49
  Speaker 5: talking about like retention and just paying people more, you know,
• 3:52
  Speaker 5: like you got to pay for good help. And that's
• 3:53
  Speaker 5: what I've been doing. So we're not trying to get
• 3:55
  Speaker 5: you know, at one point, like you know, I was
• 3:58
  Speaker 5: a little cheaper and it was like yofford, I can't
• 4:01
  Speaker 5: afford to pay that. But now I want to pay that.
• 4:03
  Speaker 6: I want to I want to pay.
• 4:04
  Speaker 5: For good help. I want to pay for good people
• 4:06
  Speaker 5: because that's the only way I'm gonna be able to
• 4:08
  Speaker 5: you know, have like be able to sleep at night
• 4:10
  Speaker 5: and have any type of freedom. Just want to have
• 4:13
  Speaker 5: good people, because if you don't have good people, I
• 4:15
  Speaker 5: gotta you know, watch over everything they're doing. So you know,
• 4:18
  Speaker 5: I'm building my foundation and whoever's part of that course,
• 4:20
  Speaker 5: like when I grow, we grow, I mean when the
• 4:22
  Speaker 5: company grows, we all grow. It's not you're not You're
• 4:24
  Speaker 5: not limited, so we driving may backs and Ferrari's like,
• 4:27
  Speaker 5: you know, the goal is to get you know, of
• 4:29
  Speaker 5: we living in houses. I want everybody to have the
• 4:32
  Speaker 5: comfort of in this industry is not known to like
• 4:35
  Speaker 5: people like are you crazy? Like why are you doing
• 4:37
  Speaker 5: so much? You want to be stressed out. I'm not stressed,
• 4:40
  Speaker 5: you know, I want everybody to have the quality of life.
• 4:42
  Speaker 5: And in this industry, not everybody has the quality of
• 4:44
  Speaker 5: life because of the hours to take. And you know,
• 4:47
  Speaker 5: the average manager in the restaurant isustry working in sixty
• 4:50
  Speaker 5: seventy hours, right, that's a lot of hours. So if
• 4:52
  Speaker 5: you got a family, kids, and you know, a personal life,
• 4:56
  Speaker 5: like how can you maintain your personal life? So I'm like,
• 4:58
  Speaker 5: you know what, we're going to build our company and
• 5:00
  Speaker 5: you're making sure everybody can have the quality of life,
• 5:02
  Speaker 5: not just the CEO or the people you know at
• 5:04
  Speaker 5: the top, know everybody. So right now it's a lot
• 5:07
  Speaker 5: tough for everybody's playing more roles. But you know, right
• 5:09
  Speaker 5: now we're all working together so that we can all
• 5:11
  Speaker 5: make sure that everybody can, you know, be a part
• 5:14
  Speaker 5: of this company, have freedom and make a good living
• 5:17
  Speaker 5: and be happy.
• 5:17
  Speaker 6: Yeah.
• 5:18
  Speaker 7: I mean it's crazy because when Shotty was we talked
• 5:20
  Speaker 7: about that next situation, the next thing. We looked at
• 5:23
  Speaker 7: each other and said, wait, one good employees worth two,
• 5:25
  Speaker 7: but in our community, like one is worth like five
• 5:28
  Speaker 7: because they're doing so many multiple roles.
• 5:30
  Speaker 6: I want to talk about the.
• 5:33
  Speaker 7: Position that you're in from leasing these locations to ownership, right,
• 5:38
  Speaker 7: because on top of it being a location, it's also
• 5:41
  Speaker 7: a real estate play, right right, So talk about the
• 5:44
  Speaker 7: strategy behind that.
• 5:45
  Speaker 5: So I don't own every location I have, I'm also
• 5:49
  Speaker 5: I'm in the process of buying some of them, some
• 5:51
  Speaker 5: of them leasing.
• 5:53
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• 7:43
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 7:47
  Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
• 7:51
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 7:55
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 7:59
  Speaker 1: some of the heinous migrant criminals caught because of President
• 8:03
  Speaker 1: Donald J.
• 8:03
  Speaker 2: Trump's leadership. I'm Christy Noman, the.
• 8:06
  Speaker 1: United States Secretary of Homeland Security. Under President Trump, attempted
• 8:11
  Speaker 1: illegal border crossings are at the lowest levels ever recorded,
• 8:15
  Speaker 1: and over one hundred thousand illegal aliens have been arrested.
• 8:18
  Speaker 1: If you are here illegally, your next you will be
• 8:21
  Speaker 1: fine nearly one thousand dollars a day, imprisoned and.
• 8:25
  Speaker 2: Deported, you will never return.
• 8:27
  Speaker 1: But if you register using our CBP home app and
• 8:30
  Speaker 1: leave now, you could be allowed.
• 8:32
  Speaker 2: To return legally. Do what's right. Leave now.
• 8:36
  Speaker 1: Under President Trump, America's laws, border and families will.
• 8:40
  Speaker 3: Be protected sponsored by the United States Department of Homeland Security.
• 8:43
  Speaker 5: But I think it just depends on the location the lease.
• 8:48
  Speaker 5: You know, Tim and Fatida, you know, one of the
• 8:50
  Speaker 5: lawest restaurants.
• 8:51
  Speaker 6: Tools in the world.
• 8:52
  Speaker 5: He says, okay to lease, you know, like like some
• 8:54
  Speaker 5: buildings you just got to lease, you know, because it's
• 8:56
  Speaker 5: not worth what the you know is not worthy to buy.
• 9:00
  Speaker 5: So Catch Hospitality. You know, I've been since seen some
• 9:04
  Speaker 5: of their spaces, you know, like the amount of money
• 9:07
  Speaker 5: paying at least you would be like, what the hell
• 9:09
  Speaker 5: I never knew at least could be designed. Yeah, they
• 9:12
  Speaker 5: told me, Like you know, I was out there Regional
• 9:13
  Speaker 5: Catch Hospitality in New York. I spent five days out
• 9:16
  Speaker 5: there and they opened buckled me with open arms, created
• 9:19
  Speaker 5: a whole legenda just to walk me through that process,
• 9:21
  Speaker 5: to show me a young aspiring restaurant tour.
• 9:25
  Speaker 7: You know my kids I left that is to Eugene shouts,
• 9:30
  Speaker 7: they are probably there right now.
• 9:31
  Speaker 6: He catches my, La, La, what'd you learn from Catch?
• 9:35
  Speaker 3: Oh?
• 9:35
  Speaker 6: So quick, quick start.
• 9:38
  Speaker 5: I was in La been to Catch twenty seventeen, went
• 9:40
  Speaker 5: with a friend and I was saying, like I want
• 9:43
  Speaker 5: I want Morrows to be to catch the South. This
• 9:45
  Speaker 5: is when I was about to open up Morrows. Right
• 9:47
  Speaker 5: fast forward, you know, but six years later, you know,
• 9:50
  Speaker 5: I'm sitting down and meetings with Eugene and his team.
• 9:53
  Speaker 5: You know they recently sold their company for one hundred
• 9:55
  Speaker 5: million dollars and you know, just being able to see that.
• 9:58
  Speaker 5: But I've learned so much. I've learned just even like
• 10:00
  Speaker 5: how leadership just being just like watching them operate leadership,
• 10:04
  Speaker 5: and how to control just your percentages, and just how
• 10:08
  Speaker 5: starting to shift off for the pre shift. Something as
• 10:11
  Speaker 5: simple as a precift can help save a lot of
• 10:15
  Speaker 5: problems throughout the day, you know, doing cups up before
• 10:18
  Speaker 5: the shift starts. What's appreciate appreciate if is just like
• 10:21
  Speaker 5: a meeting before the shift, right, a meeting that basically
• 10:25
  Speaker 5: sets the tone for.
• 10:25
  Speaker 7: The day, saying that's like when everybody gets in the huddle.
• 10:28
  Speaker 6: Man, no, listen, listen.
• 10:29
  Speaker 5: I came back like I was like, yo, no sitting
• 10:33
  Speaker 5: down pre shift, Let's huddle up. It's almost like you
• 10:35
  Speaker 5: about to call a play. Let's huddle up and let's
• 10:37
  Speaker 5: have a quick meeting. Right. And it was so impactful
• 10:40
  Speaker 5: that one of my services DM me, she was like,
• 10:42
  Speaker 5: oh my gosh, appreciate was so amazing. It really motivated
• 10:45
  Speaker 5: me and it inspired the staff and helped us have
• 10:49
  Speaker 5: a better day. But one thing I preached to my
• 10:51
  Speaker 5: staff is like, you know, like I don't want nobody
• 10:53
  Speaker 5: to be with me being an employee of Mind forever.
• 10:55
  Speaker 5: If there's a way I can help or knowledge, I can,
• 10:57
  Speaker 5: you know, pass down because a lot of people are
• 10:59
  Speaker 5: like you know, my age and people who are from
• 11:03
  Speaker 5: New Orleans, part of the community, and got a lot
• 11:05
  Speaker 5: of questions and I'm here to answer those questions. But
• 11:08
  Speaker 5: I think you know, one of my young man that
• 11:11
  Speaker 5: works for me, he was like, Yo, how can I
• 11:15
  Speaker 5: learn from you?
• 11:15
  Speaker 3: And my words?
• 11:16
  Speaker 5: My response was, I said, stay close because because I
• 11:22
  Speaker 5: invite you know, all them, like they go they work
• 11:24
  Speaker 5: at the spot, but then they come to Treehouse. They're
• 11:26
  Speaker 5: free bottles whatever they want. Like I make sure my
• 11:28
  Speaker 5: staff have a good time if they want to go
• 11:29
  Speaker 5: out whatever. But like you know, stay close. I'm available,
• 11:32
  Speaker 5: Like you know, I'm honestly too available at times because
• 11:35
  Speaker 5: I'm in every group message, I'm in every conversation, you
• 11:38
  Speaker 5: know when I don't have to be. But I'm a
• 11:40
  Speaker 5: part of you know, everything that's going on because I
• 11:42
  Speaker 5: care about it. And you know, I wouldn't be able
• 11:45
  Speaker 5: to build what I'm building without people who believe in me.
• 11:48
  Speaker 5: And just even you know, whether it's a server busser chef.
• 11:50
  Speaker 5: You know, Ed shout out to Ed. You know, he's
• 11:53
  Speaker 5: been with us since day won. One of our executive
• 11:56
  Speaker 5: chefs said, Moros, you know, he's been a big help.
• 11:58
  Speaker 5: And them believing in me and me believing in them
• 12:01
  Speaker 5: has helped.
• 12:01
  Speaker 6: It's just what's the cups up? You said? The cups up?
• 12:04
  Speaker 6: The cups up.
• 12:04
  Speaker 5: So it's like basically like when I went out there,
• 12:07
  Speaker 5: there was trying every dish before they open, right, because
• 12:10
  Speaker 5: you can identify what's just off right. And it's something
• 12:13
  Speaker 5: as simple as that. So all right, cool, we need
• 12:15
  Speaker 5: to cups up twenty minutes before the doors open up.
• 12:17
  Speaker 5: Whatever it's not right, either eighty six it meaning get.
• 12:19
  Speaker 6: Rid of it or you know it, fix it like
• 12:23
  Speaker 6: it tastes testing.
• 12:24
  Speaker 5: It tastes testing, right, So just something as simple as
• 12:26
  Speaker 5: that would just help change what your day look like
• 12:28
  Speaker 5: because you're gonna save on food costs, things getting sent back.
• 12:31
  Speaker 5: You're gonna save in a bunch of different ways. And
• 12:33
  Speaker 5: like I said, it's low profit margins. You know, like
• 12:35
  Speaker 5: the restaurant industry mistakes, right, but you can if you
• 12:39
  Speaker 5: manage it properly. But the restaurant industry is one of
• 12:42
  Speaker 5: those things that it can make you successful if you
• 12:44
  Speaker 5: utilize it properly. Cash flow it can help you go
• 12:47
  Speaker 5: acquire real estate, it can help you acquire things. You know,
• 12:50
  Speaker 5: help with my p and ls. At the end of
• 12:52
  Speaker 5: the year, like the bang look at my p and
• 12:53
  Speaker 5: ls and they see how much cash flaw I got,
• 12:55
  Speaker 5: and it's like it makes it easier when I go acquire,
• 12:57
  Speaker 5: when I go acquire whatever house, whatever state. It's just helped.
• 13:01
  Speaker 5: So that's how a lot of restaurant tours and people
• 13:03
  Speaker 5: in this industry are. Anybody with cash flow. If you
• 13:05
  Speaker 5: got cash flow and you stand on top of your
• 13:07
  Speaker 5: p and ls and you can show, you know, you
• 13:09
  Speaker 5: could you could show, you know, to bank your numbers,
• 13:11
  Speaker 5: it's like it help you to go acquire things.
• 13:14
  Speaker 3: You know.
• 13:15
  Speaker 5: So then that's another thing I use it for because
• 13:18
  Speaker 5: it's like it's helping build make me a stronger person
• 13:23
  Speaker 5: company to just have a nice cash flow and be
• 13:26
  Speaker 5: able to look at things differently.
• 13:29
  Speaker 3: You know.
• 13:35
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 13:39
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 13:43
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 13:47
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 13:51
  Speaker 1: some of the heinous migrant criminals caught because of President
• 13:55
  Speaker 1: Donald J. Trump's leadership. I'm Christineoman, the United States Secretary
• 13:59
  Speaker 1: of Home Land Security. Under President Trump, attempted illegal border
• 14:03
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 14:07
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 14:10
  Speaker 1: are here illegally, your next you will be fine nearly
• 14:14
  Speaker 1: one thousand dollars a day, imprisoned and deported.
• 14:18
  Speaker 2: You will never return.
• 14:19
  Speaker 1: But if you register using our CBP home app and
• 14:22
  Speaker 1: leave now, you could be allowed to return legally.
• 14:26
  Speaker 2: Do what's right. Leave now.
• 14:28
  Speaker 1: Under President Trump, America's laws, border and families.
• 14:32
  Speaker 2: Will be protected.
• 14:33
  Speaker 3: Sponsored by the United States Department of Homeland Security.