745: WORKSHOP Knowing with It's Time to Scale with Chris Schultz

<p>Chris Schultz spent 15 years with the Starbucks management and leadership team before joining <a href="https://modpizza.com/">MOD Pizza</a>, aka the MOD Squad in 2009.  Schultz helped MOD Pizza go from 1 location to 100 locations in 2016 as Senior Vice President of Operations. Today, Chris serves <a href= "https://www.voodoodoughnut.com/">Voodoo Doughnut</a> as their CEO. You can see, Chris Schultz has developed a track recording of helping great brands scale. That's what we're here to talk about today: When You Know You're Ready To Scale. </p> <h2>Show notes…</h2> <h3>Calls to ACTION!!!</h3> <ul> <li>Subscribe to the <a href= "https://www.youtube.com/channel/UCJSERtxnAE3V7T9PQ19w_Og">Restaurant Unstoppable YouTube Channel</a></li> <li>Join the private <a href= "https://www.facebook.com/groups/493649961457862/">Unstoppable Facebook Group</a></li> <li>Join the email list! (Scroll Down to get the Vendor List!)</li> </ul> <h3 style="text-align: left;">Favorite success quote or mantra:</h3> <p style="padding-left: 40px;">Be authentic.</p> <h3>When You Know You're Ready To Scale: </h3> <ul> <li>Business <ul> <li>Can you show a conservative growth period over the period: Month over Month: quarter over quarter</li> <li>Don't be fooled by being on Main and Main <ul> <li>Location is a factor.</li> <li>Your brand must be great to help manage cannibalization</li> </ul> </li> </ul> </li> <li>People <ul> <li>Do they understand the Mission? </li> <li>Who are your culture carriers that can help lead and build the stores</li> <li>Pick front line people with whom you'd share a foxhole. <ul> <li>have Confidence in leadership</li> <li>Embrace growth and opportunity without fear</li> </ul> </li> </ul> </li> <li>Culture <ul> <li>Must have a solid culture to grow and employees want to grow-- "Growth mentality"</li> <li>Failure is not an option -- not just words on a wall, but a feeling you have</li> <li>"Growing big while staying small" </li> </ul> </li> <li>Infrastructure <ul> <li>A realistic view of the brand - Is it actually sca