Latest / The Inspired Stories Podcast / How Linda Cozzi Grew Philadelphia Cricket Club from $11M to $38M Through Employee Investment
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've overcome
- 0:14adversity. My name is Anthony Codispodi and
- 0:16today's guest is Linda Cozy, Chief Financial Officer of the
- 0:20Philadelphia Cricket Club. They have been recognized among
- 0:24the top clubs in America since 1854, offering multiple sports
- 0:28facilities, 6 dining venues and premier event hosting.
- 0:33Their mission is to engage and enrich their community through
- 0:36creating fun and active social experiences that athletes of all
- 0:40levels can enjoy, from beginners to world champs.
- 0:45Linda has over 30 years of experience in finance and
- 0:47operations across hospitality and sports.
- 0:51She is overseeing a triple top line revenue growth,
- 0:55transformational capital projects and has achieved record
- 0:58high employee satisfaction. Under her leadership, the club
- 1:02has also gained recognition as a Top 50 Platinum Club of America
- 1:07and Top 150 Platinum Country Club in the world.
- 1:12Linda has held leadership roles on the board of the Philadelphia
- 1:15and Vicinity Club Management Association and serves as
- 1:19President of the Philadelphia Club Foundation, demonstrating
- 1:22her dedication to advancing the industry.
- 1:26Now before we get into all that good stuff, today's episode is
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- 1:47And here's the fun part, the program actually puts more money
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- 2:10All right, back to our guest today, CFO of the Philadelphia
- 2:13Cricket Club, Linda Cozy. Thanks for making the time to
- 2:16Share your story today. Thank you.
- 2:18It's a pleasure to be here. So Linda, you first went to
- 2:21school for finance and accounting.
- 2:24What first sparked your interest in that?
- 2:28You know, it's funny, It kind of came by happenstance.
- 2:30I was a senior in high school and needed an elective to, you
- 2:34know, finish out the year. And I took a bookkeeping class
- 2:38just on a whim. And it just clicked with me and
- 2:43I, you know, didn't no one in my family was an accountant.
- 2:47My dad was a high school math teacher and football coach.
- 2:51And I thought, wow, this could be a, a potential.
- 2:54And so I went through the accounting route and it's worked
- 2:58out for me. It's fit pretty well, and you've
- 3:01worked at a number of places since graduating that put a high
- 3:05degree of focus on hospitality. You know, hotels, country clubs,
- 3:10golf courses. What first got you interested in
- 3:13these types of industries? You know, I think it's again,
- 3:19just a kind of natural progression.
- 3:22I was working in a hotel while I was going to college.
- 3:24I was working in the bar. And when I graduated, they
- 3:27offered me a management and training program in their
- 3:31accounting department. And it just kind of went from
- 3:34there. I'm from the South, and I think
- 3:36the South is kind of synonymous with hospitality.
- 3:39So it just seemed like a good fit for me.
- 3:42And throughout my career, it's I've just gravitated towards
- 3:45that. Before we talk about
- 3:48Philadelphia Cricket Club, pick one of your career stops along
- 3:52the way that was particularly formidable for you and explain
- 3:58big, powerful lesson that you learned there.
- 4:01You know, I was very fortunate in that first job right out of
- 4:04college. I was so excited and I was
- 4:09charged with auditing food and beverage, internal controls.
- 4:14I was so excited. I went and found every mistake I
- 4:16could find, right? And I thought I was, I was like
- 4:20so pumped. I was doing my job, you know,
- 4:22because I found all of this stuff and my controller came to
- 4:26me and he said, Linda, you know, you'll attract more bees with
- 4:30honey than with vinegar. And that just flipped the switch
- 4:34for me and really changed the trajectory of my career.
- 4:40After that, instead of being an auditor, I became a business
- 4:43partner. So I worked so closely with
- 4:47operations. I even had one team who won food
- 4:50and beverage operation of the year.
- 4:52And it got to the point where they didn't hate seeing me.
- 4:56They're like, oh, come in, Linda, let me show you what
- 4:58we're doing. So that just business partner
- 5:02role that I took as opposed to an auditor changed the rest of
- 5:07my career. I got to a point where I started
- 5:09understanding operations, understanding what they went
- 5:12through. And that really helped me become
- 5:16more of a storyteller than a bean counter, as I'll say.
- 5:21And So what did that look like from a practical standpoint?
- 5:24Were you no longer looking for all the little tiny mistakes or
- 5:28were you still looking for them but then maybe being more
- 5:33contributory to the solution? Exactly.
- 5:37I was, I, I would teach them what I'm looking for so that
- 5:41they knew how to. So in food and beverage, you're
- 5:44like labeling items, rotating them, so you're using the oldest
- 5:47one first, that kind of stuff. So I would go and teach them
- 5:51what it is that I'm looking for. So that then all I was reporting
- 5:55is how great they were doing. So it, it just became a great
- 5:59relationship. And then, you know, again, it
- 6:01was I viewed my role as not an auditor, but as a support
- 6:07function. How can I make your operation
- 6:09better in the job that I provide?
- 6:13So it it just, it really it just changed that whole relationship
- 6:17to a business partner is what I'll call it.
- 6:19And you said something about becoming a storyteller it.
- 6:22Do you mean that in the sense of being able to tell a story to
- 6:27your team members about why things are done a certain way,
- 6:30or was there a different context there?
- 6:32No, a different context. So because I knew so much about
- 6:35what was going on in the operation, I could take the
- 6:38numbers and then tell the story of the operation based on the
- 6:43variances or whatever was happening.
- 6:47That's what I mean by storyteller, is that I could
- 6:49tell the story behind the numbers, not just report the
- 6:52numbers. Can you think of a specific
- 6:55example? So like if early in my career in
- 7:02hotels, if you had, if you were beating revenue targets, but you
- 7:06weren't bringing a certain percentage down to the bottom
- 7:09line, telling those types of stories as to why or why not
- 7:14that might be happening. There was one particular time in
- 7:20my manufacturing career where I was at Sara Lee Coffee.
- 7:26I built such great relationships that if a batch of coffee was
- 7:30burnt and then reused into like a lower product, they were
- 7:35coming to me and telling me. So when I had variances in
- 7:38inventory, I was able to tell leaders this happened, but we
- 7:43were able to recover parts of it by, you know, reintroducing it
- 7:47into a, a higher, you know, a different product.
- 7:52But we still have this small variance.
- 7:54So explaining to leaders why things why the numbers were the
- 7:58way they were, so that they could make better decisions and
- 8:01not necessarily worry about it being a particular problem, if
- 8:06that makes sense. That helps a lot.
- 8:07Yeah, Thanks. OK.
- 8:09So then how did the opportunity to join the Philadelphia Cricket
- 8:12Club come about? So I was doing some consulting,
- 8:16some interim CFO work and installing systems, which was
- 8:21kind of my specialty. And they were looking for ACFO
- 8:27at, at cricket. I was in Atlanta at the time.
- 8:30I didn't know if it was the right fit.
- 8:32So I just reached out to the the GM at the time and I said, you
- 8:37know, I don't know if this is the right fit, but I can at
- 8:40least come and be your interim Cfoi can install the system.
- 8:43I've done it before. I can get you through it.
- 8:45And if it works out great and if it doesn't, then I will help
- 8:48transition to your new person. It's quite an.
- 8:51Offer. Well, it works out for me.
- 8:54It gave me the consulting work that I needed.
- 8:57This was during, you know, the still recovering from the
- 9:00financial crisis of O8O9. It was 2011 and I came.
- 9:07They at the time that the revenue here was still pretty
- 9:10low, so they weren't willing to quite pay what it would cost for
- 9:15me to move my family up here. So I transitioned with the new
- 9:18person. Unfortunately, that person was
- 9:21not equipped for the volume that happens here.
- 9:25So I kept coming back during the year and at the same time
- 9:29looking for a permanent job because the consulting work was
- 9:32so sporadic. And I was using the GM as a as a
- 9:36reference. And he's like, no, you need to
- 9:38come work for me. And I'm like, well, I told you
- 9:41what it would take. And he's like, OK, get up here
- 9:44and. You at that point, you had
- 9:46proved yourself that you're super valuable.
- 9:48We need you. We're going to bump up the the
- 9:50compensation. And I've been here ever since.
- 9:54OK. And so tell us about actually
- 9:57paint a picture for us what it was like when you first came in.
- 10:01What were some of the problems that needed to be fixed or
- 10:03addressed? Oh, it took me a good year to
- 10:08clean up the books. The my predecessor here,
- 10:14unfortunately, there could be board meetings where they didn't
- 10:17get financials, so the bar was pretty low.
- 10:25And the price that I got at the end of that year, I was like,
- 10:29all I did was give you financials.
- 10:31It's not that hard. But I did have a lot of clean up
- 10:34to do. It took me a good year to get it
- 10:37to where I was comfortable with it, which means that everything
- 10:41ties out. I'm pretty detail oriented.
- 10:43And so it was a lot of work that first year.
- 10:46But then after that, you know, I've just kept it going.
- 10:49But yeah. So aside from having to clean up
- 10:53the books, what were some other issues that needed address and
- 10:57and maybe those had to wait until after the books were
- 11:00cleaned up? No, because simultaneously we
- 11:03were doing a $17 million project on 2 campuses.
- 11:09So we also had that, you know, a huge capital project that was
- 11:13going on. So yeah, it was a little more
- 11:18than just cleaning up the accounting.
- 11:19It was keeping things going, being able to provide solid
- 11:24financials that leaders can make decisions on whether it's OK,
- 11:28can we borrow money now? What does the future look like,
- 11:31you know, for that forecasting, that kind of stuff.
- 11:34So it it was a lot at once. But I love challenges like that.
- 11:40I know that sounds disturbing, but I do.
- 11:45So yeah. So you mentioned multiple
- 11:49campuses. Let's take a step back for a
- 11:51second and paint a more complete picture for us of the
- 11:54Philadelphia Cricket Club. What goes on there?
- 11:58What happens at the different campuses?
- 12:00Membership to give us the whole lay down.
- 12:04So we're a private Country Club, full service Country Club.
- 12:07So that means that our members own us.
- 12:12We're not an equity club. You can't sell your membership
- 12:15to someone else. We don't have houses around our
- 12:18property. So we're we're truly a
- 12:20neighborhood club. We have two locations.
- 12:22They're about 5 miles apart with three clubhouses.
- 12:27So we have one location, we call it Saint Martin's, that's in a
- 12:32suburb of Philadelphia called Chestnut Hill.
- 12:35The area itself is called Saint Martin's, which is why we call
- 12:38this campus Saint Martin's. That has all of our racket
- 12:42sports, it has the pool, it has the banquet facilities and a
- 12:46nine hole golf course. And then 5 miles away we have
- 12:50218 hole golf courses where we also do trap shooting there as
- 12:56well. And we have two club houses that
- 12:59have food and beverage. So it's pretty big operation for
- 13:05a private club. We're considered a large club
- 13:09mainly because of the two campuses and because of the size
- 13:12of our membership. We're up to about 1900 number
- 13:16ships right now, which means with kids and spouses it's about
- 13:204800 members. Our top line revenue is about
- 13:2436,000,000, actually might be about 38 million this year and
- 13:31when I started we were about 11,000,000.
- 13:33Oh, my gosh. OK, so there's a big story
- 13:36there. How did you increase revenues so
- 13:39much? By increasing membership, our
- 13:41membership in when I started was right around 11150 and now
- 13:48we're, you know, going to be a little over 1900 memberships
- 13:52now. The the structure was different
- 13:57too. Country clubs have a tendency
- 14:00especially and we're the oldest Country Club in America.
- 14:03We were established in 1854 by some cricket players and you
- 14:11would you can imagine being the oldest Country Club.
- 14:14Sometimes you continue to do things the way you've always
- 14:16done them. Thankfully this club doesn't
- 14:20think that way, but for a very long time, up until, you know,
- 14:25some new management came in 2011, they had what you called a
- 14:31kind of a la carte service where you paid, you were either
- 14:35individual or family and then you picked what sports you
- 14:38wanted and you could change them every quarter.
- 14:41Can you imagine trying to forecast the dues on that?
- 14:44It's crazy. So they had the vision to change
- 14:49that to an all inclusive membership, which is now pretty
- 14:51much what you see everywhere where you have everything, both
- 14:56campuses, all golf, all facilities, or you just have the
- 15:01Saint Martin's campus, which is the racket sports and the pool.
- 15:05It does include the 9 hole golf course.
- 15:07Or you just have a social membership, what we call a
- 15:10house. So you.
- 15:12Change the the membership structure.
- 15:15Yeah, it really increased the revenue immediately because you
- 15:20have now everyone supporting all of the facilities as opposed to
- 15:24oh, I only want. Yeah.
- 15:27And then you increase membership from 1100 memberships to 1900.
- 15:32How did you go about doing that? Just I think the capital
- 15:36projects helped a lot because we we were growing by about 100
- 15:43memberships a year for a couple years in a row.
- 15:46After those projects. We also did some, you know,
- 15:50reduce our initiation fee, made the barrier to entry a little
- 15:53bit easier too. We've since gone away from that,
- 15:57but it was really helpful in the beginning.
- 16:01And then we've continued to do projects.
- 16:04In 23, we finished another $17 million worth of projects and
- 16:10we're currently underway doing some some additional projects
- 16:14with adding a golf performance center and renovating another
- 16:18clubhouse. So you know, we're constantly
- 16:21innovating, constantly reinventing into the facilities.
- 16:25We are the first in the area to add padel, which is a racket
- 16:30sport out of originally started in Mexico, but it's really grown
- 16:35traction in Spain and it is now growing into the US.
- 16:39We were one of the first country clubs in the area to have that.
- 16:44So just constantly looking at ways to enhance the member
- 16:47experience. And then I know we'll get into
- 16:52this at some point, but just investing in our staff because
- 16:56our staff create the experience. And when you have such a
- 17:00positive experience, your members want to invite their
- 17:03friends to to join, which all members are, are referrals
- 17:08anyway. But so it's just kind of been
- 17:12this organic growth through a series of really good decisions.
- 17:18So I want to dig into a few things that you said there.
- 17:21First of all, Pedel, my first time hearing about it, I just
- 17:24looked up some images. Yep, racket sport, a low net
- 17:30looks like it's in a, a, in a cage or like a, a room.
- 17:34Like, is it sort of like racquetball where you bounce the
- 17:36balls off the walls? So it's a mix between squash and
- 17:40tennis. So it's scored like tennis.
- 17:43It's a heavy tennis ball that's used, but the racket is not a
- 17:47string racket. It's a solid like Styrofoam type
- 17:51racket. You can play off the walls.
- 17:56It's got glass on either side. Ours are outdoors.
- 18:00You might be looking at something that's inside, I'm not
- 18:02sure, but it's got fencing on the sides, glass on the either
- 18:07end. And you can play off of all of
- 18:09that and you can even play outside the court if you can get
- 18:12it and get it back in play. But it it's a really fun sport
- 18:17because it's done the the base of it is turf with sand
- 18:21underneath it. So for people who were really
- 18:24competitive in squash and the hard court is just too hard on
- 18:28the joints anymore, It's a sport that's, you know, a little more
- 18:33forgiving, but yet you can still have that competitive edge that
- 18:36you love about squash. It's good for aging folks like
- 18:41myself. It is, but you know what, all
- 18:43age. We had our first junior
- 18:44championship this past summer so it's it's all aged.
- 18:48Good for all ages, Yeah. And then a couple of other
- 18:52things. You said a little bit earlier
- 18:55there's no houses around your properties.
- 18:59Why did you make a point of pointing that out?
- 19:02Because some places, like in Florida in particular, a
- 19:07neighborhood will be built around with the Country Club as
- 19:11an amenity and you have to own a house to be a member there.
- 19:14Got it. OK, here there are houses around
- 19:17us, but the club doesn't own any of those.
- 19:20And, and those members, maybe, I mean the people who own those
- 19:23houses may be members here, but they don't have to have a
- 19:27membership to buy the house, if that makes sense.
- 19:29Gotcha. OK.
- 19:34Oh, there was something else that you said.
- 19:36It's going to come back to me the OK.
- 19:40And yeah. And then that, that sort of
- 19:41leads into the the whole membership structure, right?
- 19:43You're you're it it it's not the people who live around or own
- 19:48homes because that's not part of your part of the Philadelphia
- 19:52Cricket Club. It's people who have elected to
- 19:54pay the initiation, pay the annual duties.
- 19:57Yeah. OK, understood.
- 19:58OK, OK. Say, explain to us what the top
- 20:0250 Platinum Club is, Linda. We're the ranking organization
- 20:07in our industry and it's you apply and then all GMs and
- 20:15presidents of other clubs vote on the top clubs and they do it
- 20:21every two years. They also own the Platinum Clubs
- 20:24of the World. When we started, when I started
- 20:29in 2012, we weren't in the top 100.
- 20:35We didn't have sounded that we had a bad reputation, but we
- 20:39didn't have a great one. It's like people just didn't
- 20:42really know about us, even though we're the oldest Country
- 20:44Club in America. And since then we, I think our
- 20:49last ranking was #36 which is pretty impressive over, you
- 20:54know, I, it's 13 year time frame.
- 20:58We've really grown in the industry.
- 20:59We've hosted some events that have highlighted us as a place
- 21:03to be, most recently the the truest PGA Championship.
- 21:11And so, so our reputation has grown.
- 21:15And then Platinum clubs of the world, we were always an
- 21:19honorary mention. And these last two times we we
- 21:22jumped in and at 1:20 the score, the rankings are going again
- 21:28right now it's every other year also.
- 21:31So I'm hoping that we jump up a little bit more on I'm a little
- 21:34competitive if you can talk. And and what are they looking
- 21:38at? Is this sort of like quality of
- 21:40the facility? Is it revenue numbers like
- 21:43what's important to them? It's it's quality of facilities,
- 21:47it's staff, it's members. They have a whole list of
- 21:51criteria. I don't.
- 21:53Like who your members are or a number of members?
- 21:56Reputation of the members, you know, how they give back to the
- 22:01community, how we get back to the game of golf, to some of the
- 22:06racket sports. I mean, we host a lot of other
- 22:09tournaments to like the Chestnut Hole Classic is a squash women's
- 22:13squash tournament. We've got a, Oh my gosh, I'm
- 22:18going to miss what ranking she is.
- 22:19We have a member who's like highly ranked in the squash
- 22:22professional world, which is so fun to watch her play.
- 22:27We recently hosted the Afton Nationals, which is the platform
- 22:33tennis organization. We have 7 courts for that as
- 22:38well. So, you know, we we give back to
- 22:43all of the sports that you know, we.
- 22:45Have when you say you give back to, you mean like hosting these,
- 22:48these tournaments, these events? Yeah.
- 22:51OK. And you mentioned, you know the
- 22:54big investments that you guys have made, number of capital
- 22:57projects over the years as a big reason for the increase in
- 23:02memberships, the increase in revenue, obviously the
- 23:05restructuring of how the memberships work.
- 23:07Anything else that you give credit to for that increase in
- 23:11revenue? Yeah, it give a lot of credit to
- 23:15our staff because no matter how good our facilities are, it's
- 23:20our staff that create the experience.
- 23:23And I think our team is, I'm sure everybody does, but I think
- 23:29our team is amazing to watch them work together.
- 23:34It's so this past March we had the APTA National Tournament
- 23:42National Championship, and I'm standing in the middle is
- 23:45freezing. It's a winter sport, standing in
- 23:48the middle of the parking lot, our village that we created for
- 23:52the fan experience, and I'm just watching our team and it's like
- 23:56watching a ballet. They're so well coordinated.
- 24:00They pay attention to every single little detail and the
- 24:05reviews that we got from hosting that tournament from both fans
- 24:08and players. They're like this is the best
- 24:11tournament we've ever had. Everything was taken care of.
- 24:15The food and beverage was amazing.
- 24:17The staff was so accommodating. Everything they needed, they
- 24:20were right on top of it. They do that stuff every day for
- 24:24our members, day in and day out. They they're just amazing and
- 24:28they care so much that the experience that the members have
- 24:34when they come here, it feels like home.
- 24:37And because of that, I think our membership has grown.
- 24:42When we took over in 2018, the three of us, they call us the
- 24:47three headed monster who? Were the other two.
- 24:52So Jim Smith Junior is the Director of golf and he's the
- 24:57Flour Town General Manager. And then Dan Mearsman is our
- 25:01Director of Grounds and he is our Chief Planning Officer.
- 25:06So he's kind of the project manager for a lot of our capital
- 25:09projects. So the three of us together are
- 25:13the most tenured. I'm the least tenured of the
- 25:15three and I've been here for 13 years, if that gives you a
- 25:18picture. But one of the things that we
- 25:21felt was most important is kind of that Richard Branson invest
- 25:27in your employees and they'll take care of your customers.
- 25:30We fully believed in that and they just started immediately.
- 25:36We look every year we're like, how can we improve our benefits?
- 25:40Are we paying the right rates? Are we at or better at the
- 25:44market? Let's build this enrichment fund
- 25:50so that we can thank our staff on the fly when we need to.
- 25:54When they go above and beyond, we take that enrichment,
- 25:59enrichment budget and allocated out to each department based on
- 26:03the number of employees that they have.
- 26:06And every year we're like, have you spent your money?
- 26:08Have you spent your money? Make sure you're taking care of
- 26:11your employees. What does that mean?
- 26:13How would they spend the money? What?
- 26:14What's the enrichment fund used for?
- 26:16They could use it for say, hey, take your wife out to dinner.
- 26:20Here's a gift card to this local restaurant.
- 26:25It could be a cash, it could be here's $50.00 in cash.
- 26:29Thank you so much for going above and beyond.
- 26:32It could just be, you know, a Starbucks gift card.
- 26:36You've really been killing it lately.
- 26:38Thank you. Any way that they can think of
- 26:41to personalize a thank you. And it can't just be, you know,
- 26:45OK, everybody gets $100. It's it's not that it's, it's
- 26:49very personal per person. We do things like celebrate
- 26:55milestones, whether it's holding a baby shower for someone who's
- 26:59about to have a baby, giving wedding gifts for those who are
- 27:06about to get married. Yeah.
- 27:10Just anything that we can do to kind of personalize and help
- 27:18people grow. That's where we focus.
- 27:22And it's, it's built a culture. We survey our our employees
- 27:29twice a year and we use the Net Promoter score.
- 27:32I'm sure you're familiar with that.
- 27:34Yeah. But go ahead and explain it
- 27:35please. So Net Promoter score is on a
- 27:37scale of 1 to 10, how likely are you to recommend PCC as a place
- 27:42to work? And so nines and 10s are your
- 27:49promoters, Sevens and eights are just kind of a moderate number
- 27:56and then six and below are your detractors.
- 27:58So you take all the nines and 10's, the percentage of those
- 28:01minus the percentage of the six and unders, and that's your Net
- 28:05Promoter score. Anything above a 0 is OK.
- 28:09Up to 30 is kind of good. And then you know it, it
- 28:14continues to go up from there. When we started in 2018, that
- 28:19score was an 8, which is, yeah, not great.
- 28:26This past year, I think we had a score of 68.
- 28:33Wow. And it really has been a series
- 28:35of different, different things of how can we make work life
- 28:39better? How can.
- 28:41So we've done things like our managers, especially in food and
- 28:46beverage and, and grounds and some of these other areas work
- 28:51so many hours. The Country Club industry is
- 28:54known for being a grind from a management standpoint.
- 28:57I mean, you can easily work 6-7 days a week, 16 hours a day.
- 29:03I mean, it can really be a grind.
- 29:07We recognize that and said, no, we're going to go to four day
- 29:10work weeks. So we need to expand our
- 29:13management team to cut to make sure that we have the coverage.
- 29:16And we did it. Now some of them still work 5,
- 29:20but we make sure that they're not working more than 4550 hours
- 29:25a week tops, which is unheard of in our industry.
- 29:32We do things like this year, for instance, we have 5 paid
- 29:39holidays. It's kind of annoying.
- 29:41So we ran the numbers and said, OK, can we add another holiday?
- 29:46Well, we're adding another holiday.
- 29:49What's the new holiday? Memorial Day.
- 29:52Can you believe we don't pay for Memorial Day?
- 29:54That drives me crazy. So we're going to now.
- 29:57Is the club closed on Memorial Day?
- 29:59No, no. So how is it a holiday for the
- 30:02employees? Because they get paid the extra
- 30:06time for it. So our part time people get paid
- 30:08time and 1/2 for working the holiday and our full time people
- 30:11get another 8 hours. OK.
- 30:15And then our salaried people would essentially get another
- 30:18day off at a different time, so. Sorry, Linda, I, I just thinking
- 30:27through this, do you think that spending more on the employees
- 30:32there's it's a, it's a causation or, or is it a correlation?
- 30:37It just happens to coincide with the revenues increasing because
- 30:41you guys are doing, you know, all these big capital projects
- 30:44to draw new members, you change that membership fee structure.
- 30:49How, how convinced are you that the extra money that you're
- 30:52spending on your team is contributing to the revenue
- 30:55growth? I'm pretty convinced we've been
- 31:01doing it for a long time, reinvesting in our staff,
- 31:05creating a better work life balance.
- 31:07It's reduced our turnover in hospitality turnover especially
- 31:13in food and beverage can be hundred 120%.
- 31:19Our full time staff is the our turnover is about 25%.
- 31:25So I knowing our members again creates that sense of home for
- 31:31them. This is like a second home to
- 31:33them. So when they're recognized, when
- 31:35they come in, when they know what drink they like and can you
- 31:40know it, it just it makes them feel special.
- 31:44And that type of feeling and experience I believe has helped
- 31:48grow our membership. Yes, the facilities are nice.
- 31:51Yes, those are important too. But I think the experience that
- 31:55they have when when they're here that they received from our
- 31:59staff has really helped grow the membership.
- 32:02I really do. That's powerful.
- 32:06Yeah. And I mean, the other point of
- 32:07evidence is the increase in the employee Net Promoter promoter
- 32:11score, right? People are happier working
- 32:15there. And it makes me think, is there
- 32:17a work equivalent of happy wife, happy life?
- 32:21You're familiar with that, right?
- 32:23And I've got a wonderful wife and you know, she would probably
- 32:27turn it around on me and, you know, whatever the happy
- 32:29husband, happy life thing is. But but what's the work version
- 32:33of that? Is there one like happy staff
- 32:36happy? Say it again.
- 32:39Happy staff, happy customers. Here we go in our case members
- 32:44and and Richard Branson. I have to credit him with that.
- 32:47He posts that everywhere, but it's true.
- 32:51You know, we we spend a lot of money on training on making
- 32:54people happy, on helping them achieve their dreams, even if it
- 32:59means that they're outside of here.
- 33:04You know, that's one benefit about working in a club is that
- 33:07you have such a wide network that if there's someone like,
- 33:10who is going to school or pursuing a career that might be
- 33:15outside of here, how can we help them get there?
- 33:18And we do that all the time. What?
- 33:20Does that look like? So I got a particular girl who
- 33:23was working for me in member billing.
- 33:26So smart, so smart. And she's like, well, I'm
- 33:32thinking about going back to school.
- 33:33And I'm like, well, what is it that you want to do?
- 33:36She's well, I'm thinking about risk management.
- 33:38I'm like, oh, I have to introduce you to our broker,
- 33:43Johnson, Kendall Johnson. They're an amazing company.
- 33:45I think you would love working there.
- 33:48That'll get you to where you want to go.
- 33:50And she's like, really? I introduced her.
- 33:53She's working there now and she's doing great.
- 33:57You know, seeing people succeed, even if it means that they're
- 34:01outside of here. Is it just such a great feeling
- 34:05for us? We're we're absolutely going to
- 34:09do it because we want to help you achieve your dreams.
- 34:12Because then you're going to say, Oh my gosh, my experience
- 34:15at PCC was so great. Here's what they did for me.
- 34:20You know, I was fortunate enough to have somebody kind of infuse
- 34:24that lesson into me, I don't know, 2025 years ago, you know,
- 34:28as I've owned different companies over the years and I
- 34:31invest in my team, I'm always worried about my team getting
- 34:34poached or leaving or, you know, I, I put a lot of time and
- 34:39energy into training them and, you know, cultivating them and,
- 34:41you know, sending them to courses in education and
- 34:45somebody sort of flipped the script for me and they're like,
- 34:47no, that's the time to celebrate.
- 34:48Like they've graduated, like you have helped them into the next
- 34:53phase of their life. And, you know, it, it shifted me
- 34:56from sort of this, if you want to call it a fixed mindset into
- 35:00more of a growth mindset and like be happy for that person,
- 35:03celebrate for that person that this new opportunity, this new
- 35:07door has opened for them. And that was a, that was for me
- 35:11was a big energy chef and being able to, you know, and today I'm
- 35:16still in touch with folks that worked for me, you know, 20
- 35:20years ago. And it's like, oh, hey, what's
- 35:22going on? And sometimes they reach out for
- 35:23a reference or, you know, some career advice and I'm it's, it's
- 35:26just a much better feeling that way.
- 35:28That's what I'm hearing you say too.
- 35:29Absolutely completely agree. There's nothing more rewarding
- 35:34for me than to see someone else reach their goals because I
- 35:38can't always provide for them, right?
- 35:40I might not have a position that allows them to grow into it, so
- 35:45if I can help them get to 1, that's just fantastic for me.
- 35:50You've been in the hospitality and sports space for decades
- 35:55now. Are there particular shifts or
- 35:58innovations that you've noticed that I don't know what kind of
- 36:02surprised you over time? I don't know if there's really
- 36:08anything that surprises me. Technology is interesting for
- 36:12me, especially country clubs. They don't like to spend money
- 36:17on technology. They'd rather spend money on the
- 36:19golf course, and I only get that.
- 36:23But in today's world, it's almost expected that you would
- 36:28have great technology like their companies have.
- 36:32You know, our members have, you know, they're using Oracle or
- 36:35NetSuite or all of these really expensive types of software.
- 36:41And we don't have that here because we spend more money on
- 36:45the golf course than we do on technology.
- 36:47So the club is always behind from a technology standpoint.
- 36:52So trying to find innovation in a price point that adds value to
- 37:00our members is, is something that I'm constantly looking at.
- 37:04That's probably the biggest area where, you know, I constantly
- 37:10get surprised of, you know, well, why can't you just do
- 37:15this? Well, I understand it seems
- 37:16simple, but our system doesn't work that way and trying to
- 37:21provide that service of we call it reducing friction.
- 37:27Where is there friction and how can we make that easier, whether
- 37:30it's for the employee, for each other, for the members, whatever
- 37:35it may be. So constantly trying to stay up
- 37:39and, and AI is really interesting for me.
- 37:44So I'm trying to just learn as much as I can right now to see
- 37:47how that might eventually apply to us.
- 37:53So I think that's going to probably be a big shift.
- 37:56One thing that we are doing, not necessarily from an AI
- 38:00standpoint, but I mean kind of our ground Superintendent, Dan
- 38:05Mearsman, I mentioned to him before, we're one of the first
- 38:09clubs to bring in autonomous mowers.
- 38:12Wow. Yeah, so and we constantly are,
- 38:17each year we're increasing our fleet a little bit more and it
- 38:21doesn't necessarily decrease our staff, but what it does is it
- 38:25allows them to shift to things that are more detail oriented
- 38:31like cutting around some of the sand traps that require much
- 38:36more detail and a human touch to do.
- 38:39The autonomous mowers will will take care of the big spaces that
- 38:43you know you don't have to have. The fairways they're.
- 38:47Interesting. But the humans are still doing
- 38:49the the Greens and yeah, the rough and all of.
- 38:52The detail kind of work that a machine can do.
- 38:58So it's interesting to see how to start incorporating some of
- 39:02those things. You know, there's some some
- 39:05innovation like that coming out in kitchens.
- 39:10We don't have any of it yet, but we're keeping an eye on, you
- 39:14know, kind of what's available and and what we can use.
- 39:18There's there's no doubt that the labor market is tough,
- 39:23especially after COVID, a lot of people left the hospitality
- 39:26industry. And so we have to think of ways
- 39:31that other than just pay who attract good talent.
- 39:38So, yeah, that's probably going to be the biggest shift in our
- 39:42industry in the next several years.
- 39:44You said that AI is really interesting to you at this
- 39:47point. Are you finding ways to leverage
- 39:50it in your work yet? Not yet.
- 39:54We we installed a new phone system that was supposed to have
- 39:59an AI agent. It didn't work the way I wanted
- 40:02it to and it really frustrated our members, so I turned it off.
- 40:07I'm hoping that technology will get a little bit better and, and
- 40:14I just, I'm, I'm still learning how it can apply to what we do.
- 40:21So I, I'm just not quite sure yet.
- 40:23I'm still learning in that area. Fair enough.
- 40:27What is the future of the Philadelphia Cricket Club look
- 40:30like? What are you excited about
- 40:32that's on the horizon? New projects, new member drives,
- 40:37new sports? I don't know.
- 40:39Yeah. So we are in the process of
- 40:42building a golf performance center and updating our range,
- 40:47which is super exciting. We're also going to be
- 40:50renovating our clubhouse at the Wiss Hicken Golf Course, which
- 40:56is like an old farmhouse. It's incredibly inefficient and
- 41:03I think after this renovation at all, the flow will be much
- 41:06better. So I'm really excited about
- 41:09that. I think that's really going to
- 41:11drive the membership. We have a strong demand for golf
- 41:15membership and you know, I think that's only going to enhance the
- 41:20experience by adding those things.
- 41:23Yeah, let's shift gears for a moment, Linda.
- 41:25I'd like to dive into a big challenge that you've overcome
- 41:30in your life, whether it's on the personal side of things,
- 41:33professional side. How'd you get through that, and
- 41:36what did you learn in the process?
- 41:39Yeah. I think one of the biggest
- 41:42challenges I had was prior to taking the job here, I was going
- 41:47through some personal things, a divorce namely, and was in a job
- 41:55where I missed posting a payroll.
- 42:01I've never made a mistake like that before.
- 42:05And normally I don't allow my personal life to get in,
- 42:11interfere with my professional life.
- 42:16So that was hard. It was really hard and they
- 42:23ended up letting me go, which I didn't feel was fair because my
- 42:28audit was perfect and I caught it before then.
- 42:32I mean, I caught it within a month of not doing it, you know?
- 42:38But at the same time, I, I learned something didn't look
- 42:43right and I knew it didn't look right.
- 42:47And I, I need to trust my gut more when I noticed something
- 42:50that is, is off because I'm so detail oriented, like I don't
- 42:55miss stuff like that. And so trusting my gut more, I
- 43:02like, I'm like, no, dig back into that.
- 43:04That doesn't look right. Even with my team now I'm like,
- 43:08that doesn't look right. Let's dig back in.
- 43:10And most times they will find something that, oh, Yep, this
- 43:14isn't an offer. This is, you know, that sort of
- 43:16thing. So just that was really hard for
- 43:22me. I can imagine.
- 43:24I mean, you're going through a, a brutally rough, you know,
- 43:27personal experience, you know, already figuring out how to get
- 43:32up from that and dust yourself off.
- 43:34And now, you know, the one part of your life where maybe you
- 43:37were finding some solace, like where you felt like you were
- 43:39still in control. You still kind of had your hands
- 43:42on the reins because of every this tornado going on over here.
- 43:47You missed something and so now you're really beating yourself
- 43:50up on top of already feeling bad.
- 43:52Yeah, exactly. Yeah.
- 43:54So it was rough, But, you know, I, I made it through, I became
- 44:01better for it. I certainly didn't make that
- 44:04mistake again. I don't think I've ever made the
- 44:06same mistake twice, but I definitely didn't make that one
- 44:09again. And I ended up in a really good
- 44:14place and I've been here longer than I've ever been anywhere,
- 44:18which is 13 years, and it's been really successful for me.
- 44:22When you were going through kind of the worst of that, right, the
- 44:25divorce, you know, kind of missing that thing at work and
- 44:29then, you know, being let go ultimately, where did you go for
- 44:32support? Who was there for you?
- 44:36Actually, God, I, you know, I, I, I realized I was out of
- 44:47control and I was trying to control everything.
- 44:52And I said, what am I doing? I'm like, you know what, God
- 45:02take this for me. And it's like the light went off
- 45:10and then all of a sudden everything started to like just
- 45:16fall into place the way it was supposed to.
- 45:20And when you step back and look at how all of that happened, I
- 45:28know 100% that that was God guiding me 100%.
- 45:34And I, I've just, I've learned to, well, first of all, I start
- 45:41my day with God every day without fail, no matter what I
- 45:45do. First thing I do is the, the
- 45:49daily readings, some Catholics. So I get them emailed every
- 45:53morning. It's really easy and it helps me
- 45:59recognize those God moments and they happen all the time, all
- 46:03the time. And they certainly happened in
- 46:06my life. The timing of getting the job
- 46:10here, my Nell husband got a job with a member the same day.
- 46:16I mean, everything just like fell into place and I'm like,
- 46:20OK, this is where we're supposed to go.
- 46:25So yeah, that's that's really what got me through it.
- 46:29If I'm hearing you, it sounds like you almost needed to hit
- 46:32sort of this bottom point of frustration and like you use the
- 46:37words out of control and you're trying to control all of these
- 46:40things that you couldn't. And and finally you let go.
- 46:44You let go. You gave it to a higher power.
- 46:48I can't do this. And that's when things started
- 46:51to click for you. Is that is that what I'm
- 46:52hearing? That's exactly what you're
- 46:54hearing, yes. Yeah, it's really beautiful if
- 46:58you look back at it. You know, and I think this is so
- 47:03hard for people to do, especially when you're going
- 47:06through the hard thing in the moment, right?
- 47:08So it's like, you know, even if you have some perspective and
- 47:11awareness, it's like, OK, and you can step back and ask
- 47:14yourself the question, what am I meant to learn from this, right?
- 47:18Because that's what I do when I'm going through something
- 47:19hard. It's like, OK, where's the
- 47:21lesson in this? How can I come out of this
- 47:24struggle as a better person? It's really hard to have that
- 47:28perspective in the moment, but so many times as I look in the
- 47:33rearview mirror, what I went through, it's like, man, you
- 47:36know what? In a weird way, I've got a sense
- 47:37of gratitude for that because I've got a new perspective.
- 47:41I it, it steered me in a different direction.
- 47:45It caused me to meet this person.
- 47:47It something happened that really changed the trajectory of
- 47:51my life in a positive way. Yeah, absolutely it.
- 47:57And and I think having that kind of rock bottom, if I will call
- 48:04it that moment changed my perspective going forward.
- 48:10So now when I see challenges, it's a little bit easier for me
- 48:15to step back and say, OK, let's think about this for a minute.
- 48:19Is there an opportunity here where I, I have a tendency to,
- 48:25my husband gets upset with me a little, a little bit because
- 48:28sometimes I'm too positive. Like I can always see a good in
- 48:33something, whether it be a person or a situation or
- 48:36whatever. And I think that moment where I
- 48:40decided to just turn things over gave me that freedom to say, OK,
- 48:48well, let's look, let's look at this for a minute.
- 48:50I, I'm sure there's some good we can get out of this and, and
- 48:53there always is if you look at it from that perspective.
- 48:56But you, you have to train yourself to do that.
- 48:58And you have to say, yeah, there's, there's a higher power
- 49:02at work. And I know we can find an
- 49:05opportunity in this. So.
- 49:08That's, that's beautiful. I appreciate you sharing all
- 49:11that. And you know, another question
- 49:14I, I really like to ask is sort of the daily routines, the
- 49:17habits like, and, and you said one of them, you're Catholic,
- 49:21you do the readings every day to start your day.
- 49:23Are there anything else that that's sort of in your routine
- 49:26that kind of helps keep you on track, keep you centered?
- 49:31I think that's the biggest one because it really starts my day
- 49:37centered with God, but then also starting it with gratitude.
- 49:41So I, I'm, it, it starts me looking at things in a positive
- 49:46way. You know, other things are, you
- 49:50know, just any other personal things are, you know, exercise,
- 49:55healthy eating, you know, just trying to take good care of
- 50:00myself so that I can be of service to others.
- 50:05I love that. Linda, what would you
- 50:08characterize as your superpower? I think understanding, I, I, I
- 50:16seek to understand before being understood.
- 50:20And what I mean by that is if I'm need something accomplished
- 50:25and I, and I'm presenting this idea to whomever maybe it may
- 50:29be, I want to know how that's going to affect them from an
- 50:34operational standpoint. How much you know, are you able
- 50:39to execute it at the highest level that you can?
- 50:42And if not, why? So I want to understand before
- 50:47just being understood, if that makes sense.
- 50:49I don't like to just bark orders out to people without
- 50:55understanding how it impacts them from an operational
- 50:58standpoint, because I always want my team to be able to
- 51:03operate at the highest level that they can.
- 51:05And if I'm asking them to do something that won't let them do
- 51:08that, I want to know why, because it might change my
- 51:13perspective. How do you personally approach
- 51:18personal development on a day-to-day or annual basis?
- 51:24Like do you sort of start out like New Year's thinking, OK, I
- 51:28want to learn about AI or I want to whatever it is?
- 51:31Or is this sort of more of a a day-to-day approach?
- 51:34How do you think about it? It's a little of both.
- 51:38I I'm the type of person who does not like to be stagnant.
- 51:42I I cannot do the same thing day in and day out.
- 51:46Which is probably why I enjoy my job so much because it's not the
- 51:49same every day. But when I feel like I have
- 51:55education dollars that I'm allowed to use and I have a
- 51:59certification. So I need some, you know,
- 52:01industry education to keep that certification because I need
- 52:04those education hours. But like last year I was like,
- 52:07you know what? I need a different challenge.
- 52:11So instead of going to conference, I decided to take a
- 52:15class from Morton Business School called Women on Boards.
- 52:20It was a week long class, fortyish women from all over the
- 52:26world, different industries. It was so energizing and
- 52:32learning from them, probably even more so than the class.
- 52:36Not not to knock work in classes because it was great, but just
- 52:42hearing the challenges of other women, hearing their experiences
- 52:46in their industry or in their countries was just amazing.
- 52:50And it was so energizing. And I just love stuff like that.
- 52:54I love putting myself in situations that make me
- 52:58uncomfortable because the growth happens when you're
- 53:02uncomfortable. It doesn't happen when you're
- 53:04comfortable. And so I'm a constant learner.
- 53:11I learn about nutrition, about health, about exercise.
- 53:14My husband's a CrossFit athlete, so I'm constantly looking at,
- 53:19you know, recovery because we're older.
- 53:23So I'm looking at recovery, I'm looking at nutrition.
- 53:26I'm going down this rabbit hole of learning about peptides.
- 53:31I mean, you just, I'm like all over the place when it comes to
- 53:36things that I'm interested in and that keep me engaged.
- 53:40But I will always be a lifelong learner and so I like constantly
- 53:46challenging myself that way. Yeah.
- 53:49And you hit on something that I'm a big proponent of as well,
- 53:52and that's the support of peer groups, right?
- 53:54Especially when you're kind of at the, the top, like you can
- 53:58feel a little bit alone, a little bit isolating.
- 54:01And so when you have the opportunity, you know, in that
- 54:04course, a mastermind, A seminar, wherever it is, you can kind of
- 54:08get together with more of like your tribe, your, your kinds of
- 54:11people. You can share stories, you can
- 54:13support each other. I've been through that.
- 54:15Here's what I did. And then you're in the room with
- 54:17really big thinkers. You're like, oh, and I thought I
- 54:20was a big thinker. And I see what she's working on
- 54:23and I gotta, I gotta up my game, right?
- 54:25I love it. Yes, absolutely.
- 54:28I love being around people who are going to challenge me to be
- 54:31a better me, regardless of what area it's in.
- 54:35Yeah. Any podcasts or books that are
- 54:38favorites of yours that might want to recommend to our
- 54:41listeners? So the best management book I've
- 54:45ever read is called The Dream Manager by Matthew Kelly.
- 54:50Several of us on the team read it and we're like, that's it.
- 54:53That's what we're trying to create here.
- 54:57It's a story about helping employees reach their dreams and
- 55:03IA couple. I guess it's been 2 weeks now.
- 55:07I got a picture from my chef of an employee with keys to her
- 55:11house and he said you help this happen and we played a very
- 55:19minor role. Don't, don't get me wrong, she
- 55:22worked hard to get it. But to see that dream fulfilled
- 55:26and to get that text message, I was almost in tears.
- 55:31I mean, that's what we're here for.
- 55:33You know, that's that's the kind of thing that really makes me
- 55:37feel like we're on the right direction.
- 55:39And that book kind of describes that.
- 55:42It's like if we were going to write a book of what we're
- 55:44trying to create, that's it. But yeah, so that's probably the
- 55:48best one I've read. Linda, I've just got one more
- 55:51question for you today. But before I ask it, I want to
- 55:54do a few housekeeping items here.
- 55:56Anybody who wants to get in touch with Linda Cozy, you can
- 55:59find her on LinkedIn. We'll have a link to that in the
- 56:02show notes, but her last name is spelled COZZI.
- 56:06Linda Cozy. You can find her on LinkedIn.
- 56:08And as a reminder, if you want to get more employees access to
- 56:11benefits that won't hurt them financially and carries a
- 56:14financial upside for the company, reach out to us at AD
- 56:17back benefits.com. Finally, if you would take just
- 56:20a moment to leave us a comment or review on your favorite
- 56:23podcast app, you'll hold a special place in our hearts
- 56:25forever. Now, Linda, last question for
- 56:29you. You and I reconnect a year from
- 56:32today and you are celebrating something big fist pumping in
- 56:36the air, kind of celebrating. What's that big thing you hope
- 56:39to be celebrating one year from now?
- 56:43I hope that our Net Promoter score for our employees is even
- 56:47higher than where it is now. I would love to see it.
- 56:50Around 75 to 80 is where I'd love to get it.
- 56:54I know, high dreams, but I would love to be celebrating that a
- 56:58year from now. Linda Cozy from the Philadelphia
- 57:02Cricket Club. I want to be the first to thank
- 57:04you for sharing both your time and your story with us today.
- 57:07I really appreciate it. Thank you so much for having me,
- 57:10it's been a pleasure. Folks, that's a wrap on another
- 57:13episode of the Inspired Stories podcast.
- 57:15Thanks for learning with us today.