peter cancro politics
When I think about you, I think about some of the core characteristics that define success. I rolled the dice and I said, Ill put everything on the table. We paid for the retrofits. You hear about millions and millions served. Thats the culture that was there at Mikes. Thats always been the mentality and now were here to serve our owners. Thats what its about and thats the direction that people feel and hopefully get from our team. I welcome them to run ahead of me. It ends up he worked with Tom Monaghan, head of operations for 4,500 stores. Somebody backed me. It could be a small little charity Ive never heard of. New people came in onboard and it wasnt a problem with me. Investment in people. Were on the Killington board of directors, the ski team. Youve got to describe it too. It is impactful and it is certainly noticed by everybody. The return is unprecedented in the industry. Whether thats slicing meat, baking bread, opening the store, closing the store, even starting a new store and the application process and then everything that goes in. Thats where I talked to you about it before. Come on, were in it together. They can tell that I mean it because Ill sprinkle with them, Ill make the cheesesteak. Were not five years. We were talking before we started and you said youre coming up on 50 years where youve been in this business and from the start of Mikes Subs. We say, Nothing. A whole sub is like, This is unbelievable. You meet up with one investor who wants a piece of the equity. It was unbelievable the outpouring of America to our stores to help contribute to the food banks. Peter Cancro Took Jersey Mike's From. I applaud the efforts that youve made. Does it make common sense? This is an amazing story, but it started in 1971 at fourteen when you got a job at Mikes Subs. 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. "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. We give 3% of the sales for three years. I could see it in their eyes, their confidence, their energy, they care about the people there. Let me have the Cancro Special. We put it up on the menu, but it didnt sell enough, so its not about me. I have decided to stick to love. Months went by and we started getting out of it and seeing a difference and then everybody finally came back within 1 or 2 years, but it was a good long time I was flat-lined. Her brother, Bud Thorne, was killed in the Battle of the Bulge. Its not that easy. I came back on March 15th from Vermont. You have to approach them as they did in Mikes when I first joined in 71, that my voice mattered and you raise up each other and raise up together. Years back, we put a wreath on every tomb in Arlington Cemetery. Barrack roused and inspired the crowd, as Trump had hoped, but he also described his longtime buddy as having the discipline of an animal in the jungle, a line only a true friend would have the stones to say. What happened that night? Thats something to watch to see the owners willing to give up an assistant manager or somebody to go out and be on their own. #Heroes4Health Unite: Be an Americares COVID-19 Hero takes place at 1 p.m. Monday via Zoom. We had our head down, we were working non-stop, growing and giving to the owners and all as a team, and sooner or later, we stepped back and evaluated. Is President Trump a loner? Its like, You know what to do. Its the training and teaching them to make sure that its here too, that they dont fall off. We look at the thousands of applicants that come in and we choose quite a few winners and we give money towards their cause. Were on the business. There are stories from employees of where youve come in and you got behind the counter and shown them, I can do it faster. They leave their job, go to training and open up the store. I saw lines that were miles long and I said, Weve got to do something. I immediately said, No, and I wish I could tell you why, but instinctively I said, Im not going to do it. I tell that to all the young folks that were looking to back in their store with a new coach, Rod Smith Award, I say, Dont take a partner.. 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. She talks about giving over yourself is when you find out about yourself. It instantly builds this credibility. As soon as I said it, now the owners are happy. People from within bought and grew, and got into their own store. We see the progression, we see us getting to 300 stores a year, but most of the growth, 90% of it is from the existing owners. We just did it. When we were talking one time, you told me that this growth rate is going to continue over the next couple of years. Thats why we never said a word about our giving for decades. 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. Cancro is the founder and chief executive officer of Jersey Mikes Franchise Systems, operating more than 730 restaurants in 35 states from New Jersey to California. Thatd be $40 million, 100 a year that we have to invest in our people, in our future. Its having a culture that people can win together. You saw 2021 to 2023 being a period of time where you saw more growth in the last ten years combined. You see it affected us and then our stores were old and tired. Everything thats rung up goes to that local charity. I left that gentleman and I was back to ground zero and it was at the end of the week. Jersey Mikes mission statement is giving making a difference in someones life, and its motto is raising up together.. Host of FOX Business Network's The Claman Countdown, Liz Claman is joined by Jersey Mike's Subs CEO & Owner, Peter Cancro. Thats a tough decision. Americares is also caring for patients at its primary care clinics in Colombia, Connecticut, El Salvador and India, and providing surge medical personnel in Peru to support health facilities overwhelmed by the pandemic. Hoyt came on board in 2008 and at the time Dominos was in a downturn, they were not doing well. These leaders would be assessed using a specific set of character traits, but selected using the whole man concept, a combination of traits needed to simply get things done and win, no matter the challenge. Thats out of the ordinary for this industry because so much is put on the owners in this industry. It was not an option. Im just Peter, Im one of the workers. Start being yourself. Go, give away the food, go to the hospitals, go to the police, the first aid. I said, Were going to talk about pulling people along, about putting others first before ourselves, but were going to talk about our giving culture. We were there. Jersey Mike's Owner Peter Cancro: The Power of The Sub Sandwich. They want to come in and know you know what youre doing with municipality inspectors, with all these issues on the lease, the business terms. We put up all the money, we signed the lease. Do we have another introvert in the White House? Its incredible service and support, but it has to be. I say, Did you play any sports? I was standing in a little 400 square foot office, at Jersey Mikes store alone and I was saying, Lord, here I am. Where their heart is drawn then thats the charity that they support. We became friends and he came into the company in 2008, but thats when I met Mr. Monaghan and I said, Ive got the book on every single page highlighted about what happened to him. It helped me through that time. All the Manzos, the Cancros, there were four Cancros that worked at the shop. But beyond family, loyal staff, and cabinet secretaries, who does Trump turn to when he needs to vent or seek guidance? It doesnt matter how experienced you are in business, whether youre a young leader or a senior executive, you have to have a mentor. All the books in school and everything, I dont know if they teach or tell you about this, but there were a lot of up and downtimes. Whats empowering that people love is when they can be real and genuine, and not some script by the company. Coach Smith, he gives you the money, he backs you, youre seventeen, you show up on day one and youre the boss, now what? Jersey Mike's Subs. How do we be genuine? We went to three cities every week and nonstop. We care about it deeply and teach our children the value of freedom. In order to get iteration, you have to have feedback. Lorber and Trump's friendship goes back 30 years in the New York real estate game. Trump has repaid the loyalty by giving Giuliani purview over everything cyber, which brings him into the White House or Trump Tower whenever he wishes. Jersey Mike Has Collected More Than $28 Million For Charity Since 2010. The owners unbelievably kicked in as well. Banks went out of business. Thats all I ever say and thats how we win by serving our public. Today, Jersey Mikes has over 2000 stores across the globe, and is closing in on over $2 billion in annual sales. Its a whole team thing. For all the veterans out there, we thank you for that. Everybody said we should have a big celebration, but everything that happened negative in my whole career, building up to 1,000 stores, flashed in front of me. Ill be there in line. 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. We touched the core. I heard that and I said, Were going to do that. Not many companies are doing it and no one paid for all the retrofits. Can you talk a bit more about the last Wednesday of every March, the Day of Giving, and then this March 2021 expanding that out to a whole month? This has been quite a journey from the high school football fields of the Jersey Shore to building a global franchise. Go and help these people and feed them.. To purchase the book a limited number of signed copies are available visit Dianes Books at www.dianesbooks.com. He began his Were going to be handing out shirts nationwide, 2,000 Strong and right underneath, Make A Difference. We got all the stores looking good and sharp. I want to give you a shot. Thats so mature to think about at seventeen years old. We were ahead and ready for this because of our investment two years prior. We started growing again in 94, 95. I told that story to a national audience when Mr. Monaghan was there for a talk a few years back. Subway is not even on it. In 2019, you opened 181 stores and in 2020, you were on track for 200. We try and get involved in the community, make great products and great service. I first found out about it from a friend, Edith Knowles, who lived in a nearby town. That store, were going to call out a local charity and were going to run all day hard and give them money to make a difference.. They want to grow and do the same thing. 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