Some franchise, its 5 to 10 days. I was like, How did you know? I see an unprecedented movement in our country, for that matter, around the world, where you could see in peoples eyes, theyre looking to serving one another. Based in West Palm Beach, Newsmax is close by Mar-a-Lago, where Ruddy became a frequent guest. Thats what its about and thats the direction that people feel and hopefully get from our team. Were very strong on that. Its mid-December on a Saturday and be part of it. It hasnt always been ups and downs, you mentioned that a couple of times and you got into it there. The annual event is free and open to the public. They talk about these kids and it was funny in the 70s, they say, These kids today, you dont understand. The 80s, the 90s and still now, all these kids are great. They love showing up and making it happen because they were scared. I saw lines that were miles long and I said, Weve got to do something. Im like, What is going on? In January of 06, it was one of the lowest points, believe it or not. Come on, were in it together. They can tell that I mean it because Ill sprinkle with them, Ill make the cheesesteak. We had amazing volume and did incredible business to the Jersey Shore. Thats part of it and getting people to come along. Jersey Mike's Owner Peter Cancro: The Power of The Sub Sandwich. A friend of mine, Sarah Palisi Chapin, went to Purdue. I had the #12, Cancro Special. That is the culture. Its funny, were filming some commercials for it and the owners are going to be in it. You have a tremendous drive. You win a game, whats the next game? I think about my time in the military and we trained for years, for minutes to hours of execution. Its a constant going into the stores and several times a month working with the crews. No one is allowed to introduce me to the customers as the owner. Everybody helping each other rise up, if you will. Trumps public persona is brash and relentlessly social. We went around the country to 40 different co-ops and had hundreds of people in the room. Youve got to work with them. Mentors are so important for anyone. I mentioned the nine of them as I defined them. One of the Gold Star Mothers whose son died tells a story at our national meeting and we made a video out of it and it was so heartfelt. The business could look completely different now. Donalds wealthy acquaintances come and go, says a builder whos done deals with Trump, but Tom was always there.. Since then Linda has become one of Trump's closest female friends. Were not stealing their people. I woke up in the middle of the night and wrote the commercial. Its always a learning process and Im the one that goes out every day and says, I want to learn. I started having that and people would come in and say, Let me have that Peter sub. Peter Cancro, CEO of Jersey Mikes Subs, in Houston during an October visit. It was that Sunday night, so a week later and he said, We can do something, and he did. Its comprehensive. We drive the real estate. In I get right behind the counter, talk to the kids and say, How is it going? I start cleaning the grill, Ill go in and clean the bathroom. If they have their own attorney looking at the lease, that attorney may not know what to look for. Its one step, you have a vision and if you can execute on it, it doesnt matter what youre doing, you put your head down and you will get there and succeed. Trust is the gold standard for Trump, and he trusted First Friend Barrack to oversee his Inauguration and also to introduce him the final night at Julys GOP convention. For more information, visit jerseymikes.com/mog. Thats where our heads are at. Wreaths Across America. We said, This is starting to grow.. Youre not above them, youre with them. Go and help these people and feed them.. We were going down, we were getting crushed. You saw 2021 to 2023 being a period of time where you saw more growth in the last ten years combined. #Heroes4Health Unite: Be an Americares COVID-19 Hero takes place at 1 p.m. Monday via Zoom. The McMahons together donated $5 million to the Trump Foundation between 2007 and 2009; the Center for Responsive Politics reported that Linda herself contributed $6 million to Trumps presidential campaign. It was over $7 million in 2020 and the goal in 2021 is $8 million? If youve had to work for it like most of these guys, it helps you understand." Everything thats rung up goes to that local charity. I hear what you do for the community. The owner put the place up for sale and we all knew, but you know how businesses are when its for sale, its quiet. In 1991, we were on a rise. I want to grow. Youve got to guesstimate how many subs youre going to sell a day. All of a sudden, the banking environment in the Northeast was the worst hit, and around the country. Peter Cancro is the Founder and CEO of Jersey Mikes Subs. We had to not do it. How do you assess their capabilities? We always advertised on sports. In 2019, it was over $7.5 million. (LeFrak was the other.). Thats part of the Sub Abover. I first went out trying to raise the capital and I found out this is more difficult than I thought. Noted New York Times journalist and author Sarah Lyall will join Goodwin in a conversation about the themes in Goodwins book, Leadership in Turbulent Times, including the 2020 presidential election, inauguration and the impact of the U.S. on world affairs. People see you running and then they want to run behind you. We raised enough money and we do it every year. Web page addresses and e-mail addresses turn into links automatically. Email Susie Costaregni at [emailprotected], The Dish: Founder of Jersey Mikes drops by Riverside store, Motherlode: When teenagers blame parents for iPhone-ruined lives, Budget committee considers cuts to police spending, road paving, 2023 Hearst Media Services Connecticut, LLC, Bumpouts in Byram? Its what we continue to do going forward. Do you get called out? Thats always been the mentality and now were here to serve our owners. Thats when we broadcast that we were the first franchise company in America, in the history of franchising, to pay for all the retrofits. It was a great organization, but all of a sudden I was like, Whats going on? We were down the first week, like everybody else, like 45%, next week down by 45%. Its having a culture that people can win together. What happened that night? I closed on March 31st of my senior year in high school. We just did it. Rudy. It could be a small little charity Ive never heard of. I had never been on TV before with commercials, but I felt, Ive got to step up. Out there The Greenwich Library is holding a Zoom conversation with world-renowned presidential historian and Pulitzer Prize-winning author Doris Kearns Goodwin at 7 p.m. Jan. 28, followed by an audience Q&A from 8 to 8:30 p.m. "Philanthropy has It was a tough time, 91. What is the landlord doing for work? It started to happen. Lorber and Trump's friendship goes back 30 years in the New York real estate game. Let me have the Cancro Special. We put it up on the menu, but it didnt sell enough, so its not about me. Who Is Nikki Haley's Husband Michael Haley? Thank you. Can you talk a little bit about the transition in your mind as the owner and the founder from a small business to a medium business, to a large business? Its never been done before as far as we know. This March, Jersey Mike's hopes to exceed last year's record-breaking national fundraising total of $20 million and help local charities striving to fulfill their missions and make a difference. She met Hoyt Jones. Amazing stories come in. 20 Things You Didn't Know about Jersey. We had somebody going through it. Its making a difference in someones life. Thats how we got connected. Were a training company, ongoing training and support. One of the things about Jersey Mikes is we have these off the menu products, so #12, the old #4, the subs that used to be that people know about. Who stands up to Chuck Todd on Meet The Press to blunt criticism of his New York buddy? The crew and them, they were into it. There are entire classes on the evolution of a company, in the cycle of a company, but few people ever stand up and say, This is how I lead my organization through this. There are inflection points there. I could hold them off for a week or so, and thats when I went out trying to raise the capital. I saw that we were again flat-lined and lost a lot of sales every year. They showed me the way if you will. That has continued into the pandemic. Trump and LeFrak go way back, so far back they made their first fortunes in the same terrain: apartment buildings in the outskirts of Manhattan. It was very community-oriented from the beginning. That is so great. He wrote a book about the politics of gun law with Gabby Giffords and authored Why Bernie Sanders Matters, the only unauthorized biography of the Vermont senator. In 2019 Cancro took the unprecedented step of paying for the latest round of restaurant remodels, around $75,000 per restaurant. During tough times and problems, you can sit with a legal pad and try and work it out and ascertain, What should I do? Thats pulling people along. In 1991, you borrowed some money. You can tell right away when you meet someone. We had so much development in North Carolina, the high-tech bubble burst in 02. Although the pandemic forced the Day of Giving to be canceled in 2020, Jersey Mikes continued to raise funds switching its advertising from sports to news shows to drum up awareness and raising the equivalent of 22 million meals one weekend, which it gave to the charity Feeding America. "I would like to extend a personal invitation to you and your family to visit Jersey Mike's Subs throughout the month of March, and especially on Day of Giving when 100 percent of sales every penny goes to help a great local cause," said Peter Cancro, Jersey Mike's founder and CEO, who started the company when he was only 17 years old. Whats the program and how are you selecting these individuals? As Ive said often, its starting to grow. Named after the coach who gave Cancro his start, the Coach Rod Smith Ownership Program will provide around $375,000 to employees who want to be entrepreneurs. You run fast and you have a lot of people following you. The next day, you start the next drive. In this episode, I spoke with Peter Cancro. To date, Americares, a nonprofit disaster relief and global health organization, has provided 315 tons of critically needed supplies, including masks, gowns and disinfectants, to combat the spread of the coronavirus. Thats a foundational element of your selection criteria because every store is partnered with a local charity and you encourage, almost require your owners to be entrepreneurs and givers into the community. Cancro started I look at this list and its so impactful because its your owners who are saying, I love this company, and this is not just restaurants. We went city to city and you would think that they would find out about it but for some reason, they didnt. Its almost over $100,000, the owner can make not losing a person. He wrapped in the real estate and the business and was able to package the whole thing. Were not going to quit? Youre at that inflection point of, if you go public and you now have shareholders, youre back in that conversation again, almost at seventeen where its, I want to be the one or I want to be in this with some others.. We have owners that are involved with other franchise companies and they say, Peter, your company and what you do, no one matches it. Thats coming from our existing owners that have other concepts they are with. Thats so mature to think about at seventeen years old. In each episode, I speak with trailblazers who have earned success through a dedication to talent development, preparation, introspection and the drive to get things done. Its not hard to figure. Harry Jaffe has been a journalist in Washington, D.C., for three decades. Peter Cancro, founder and CEO of Jersey Mikes Subs, pays a visit to the Jersey Mikes in Riverside on Sunday, Jan 10. This is an amazing story, but it started in 1971 at fourteen when you got a job at Mikes Subs. Banks went out of business. Jersey Mikes mission statement is giving making a difference in someones life, and its motto is raising up together.. I have to only think, what happened if you had to become a 50/50 partner with this person? One at a time were going through speed of service, about getting the product fresh, making sure its perfect and then sharing your life with the customer. Its like football season. You mentioned here that you can stand across the counter, look across the table and say, Is this a good person who I can have in my organization? Youve encouraged people from all backgrounds to jump into this industry and join as an owner, whether they have restaurant experience, whether they dont, it doesnt matter. Donald Trump, Karen LeFrak, Melania Trump, and Richard LeFrak at an American Ballet Theater benefit at the home of Julia and David Koch in 2007. The campaign culminates with the nationwide event, Day of Giving, on Wednesday, March 29, when local Jersey Mike's owners and operators will donate their resources and every single dollar that comes in to local charities. We marketed like never before, with unprecedented push with marketing and awareness. It increased like you wouldnt believe, but it was entire families that worked at Mikes. Youre investing three times more time into training than any other food service franchise. I got to the end of the line and I saw this young lady and there was something about her presence. The parent company didnt apply, though Cancro told Nations Restaurant News that it didnt seem right. Help me through this. Its amazing day by day how when you start pushing and pushing and nothing happens. The average person has 3 or 4 shops. Youve got to know about the grease trap. We think in 2021, over $8.5 million or $9 million, Im not sure, its something like that. Scene Jersey Mikes Subs founder and CEO Peter Cancro stopped by the sandwich shops location in Riverside last Sunday. Youve got to know exactly what its going to cost. 2021 comes, an entrepreneur releases the Franchise 500 and Jersey Mikes gets ranked to number 7. But beyond family, loyal staff, and cabinet secretaries, who does Trump turn to when he needs to vent or seek guidance? Many ancient pipes in CT aren't up to the task of draining storm water, yet officials just seem to shrug. We help them with that go to these lenders. How can you tell them to give away all their product? Peter has built Jersey Mikes on a culture of giving and a commitment to its people investing over $150 million back into its store owners to update and modernize. With Trump, but it started in 1971 at fourteen when you got into it there they were into.. Addresses turn into links automatically you run fast and you have a lot of peter cancro politics following you,... 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