Years back, we put a wreath on every tomb in Arlington Cemetery. For me, its integrity. 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. I remember years ago, people would always come in the store and theyre like, Peter, where do you get your people? You can use it as a benchmark, but its about what you do today to get to tomorrow that matters. I thank you for everything that youve done and for joining me here. 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 found out about it. Every item on this page was chosen by a Town & Country editor. It was all kinds of charities and not just one group. Jersey Mike's Subs, with nearly 2,500 locations nationwide, serves authentic fresh sliced/fresh grilled subs on in-store freshly baked bread the same recipe it started with in 1956. Now, Jersey Mikes has over 2,000 stores across the globe and is closing in on over $2 billion in annual sales. We care about it deeply and teach our children the value of freedom. Youve got to know about the grease trap. People see you running and then they want to run behind you. I laugh when you said that a little bit because on that Day of Giving, March 31st, 2021, the last Wednesday of March, every single store participates, but it is not a requirement. As we said, we see 21, 22 and 23, bigger and stronger than the last ten. Its amazing how you hear that. I applaud the efforts that youve made. The very first week, we cut our royalty and marketing fees in half. 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. I look at you and I say the top four, humility, curiosity, drive, integrity and this team ability, being in there to round out a five. You have that one documented step-by-step for potential new owners. Its not hard to figure. The basic style has always been to be subservient, to put others first before yourself. We look at the thousands of applicants that come in and we choose quite a few winners and we give money towards their cause. Go and help these people and feed them.. During tough times and problems, you can sit with a legal pad and try and work it out and ascertain, What should I do? The right team assembled and kept working and slowly but surely, it started rising up. The culture of giving, the day of giving, the month of giving that Jersey Mikes has under your leadership exemplifies that. Out there The YWCA Greenwich and over 30 community partners will celebrate the life of the Rev. It was a tough time, 91. You thought about going public because there were economic indicators of a downturn. How well are the other businesses doing? 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. Ive got to get out there and do it. Somehow, we pulled it off and kept pushing harder than ever during that time. Come on, were in it together. They can tell that I mean it because Ill sprinkle with them, Ill make the cheesesteak. It is not mandatory. I called people up and go to talk with them. What happens is you do it and people find out about it. If you go to McDonalds for lunch, were less expensive than any fast food or any fast-casual. Sales started to rise, and in 07, 08, the company turned around. This is every franchise. Lines and paragraphs break automatically. The president might be big on glad-handing and back-slapping, but once the party's over, he goes back to his own bed. It doesnt matter how experienced you are in business, whether youre a young leader or a senior executive, you have to have a mentor. /sites/all/themes/penton_subtheme_nrn/images/logos/footer.png, Meet the innovative, inclusive and industry changing leaders of the 2021 NRN Power List, 2023 Informa USA, Inc., All rights reserved, Q&A with Angel Velazquez, area director, Jersey Mike's, Read about Scott and Ally Svenson, founders, MOD Pizza, Allowed HTML tags: . Is President Trump a loner? I said, This doesnt sound right, and its funny how different companies went and got in trouble because they got the money. Retracing the path of controversial Project Veritas founder James O'Keefe includes many stops in Connecticut. He came on board, we didnt call one person, but we had a lot of Dominos owners. Wreaths Across America is one of the many initiatives that you have, but a big one for veterans. Thats all I ever say and thats how we win by serving our public. Newsmax leaned to the right before it was even slightly cool. He likes large crowdsthe largest crowdsand even after the election, he's organized campaign-style rallies to get time with his adoring fans. That means were giving it our all. Its neat commercials coming out for it. Even our big corporate office and all these people, its very simple, every group that comes together, every national meeting, I talk about fresh onions, lettuce, tomatoes, fresh-baked bread, everybody in uniform, clean store and then share your life with the customer. You win a game, whats the next game? I would love to. Youre on the road most days, youre in every store and you know every owner. They started putting wreaths on the graves at Arlington Cemetery and their motto is, Remember the fallen, honor those who serve, and teach our children the value of freedom. That last line struck a chord with our company, with me, that I said, Weve got to get involved.. The owner put the place up for sale and we all knew, but you know how businesses are when its for sale, its quiet. Contact: Kyle Potvin, kpotvin@splashllc.com, 917-838-4500, View original content to download multimedia:https://www.prnewswire.com/news-releases/celebrate-jersey-mikes-13th-annual-month-of-giving-in-march-301757134.html, https://www.prnewswire.com/news-releases/celebrate-jersey-mikes-13th-annual-month-of-giving-in-march-301757134.html, Petrobras Payout Rewards Investors Who Ignored Lula Risk, Record retail theft puts pressure on Australian supermarket giants, UPDATE 1-Australia's Nitro Software recommends $360 mln Potentia offer, Defence contractors target Australia as it gears up to counter China, Asian Equities Swing Lower, Led by China Tech: Markets Wrap. Mentors are so important for anyone. Weve spoken a lot about the people. Thats what its about and thats the direction that people feel and hopefully get from our team. I want to talk a little bit about how you assess businesses. How do we be genuine? I go to some of the wealthy people that live in the neighboring towns and told them about what I was doing. I want to talk about your leadership style because thats an important part of this story. You go out to raise the capital. Because of our track record and the strength of our franchise company, we have lenders that are ready to go if certain people need a general requirement. This is a carousel. They showed me the way if you will. Why? I know they say were divided now, but I disagree. Always pull people along, never push them. Thats the motto. Its mid-December on a Saturday and be part of it. .css-1du65oy{color:#323232;display:block;font-family:NewParis,Georgia,Times,serif;font-weight:normal;margin-bottom:0.3125rem;margin-top:0;-webkit-text-decoration:none;text-decoration:none;-webkit-font-smoothing:auto;}@media (any-hover: hover){.css-1du65oy:hover{color:link-hover;}}@media(max-width: 48rem){.css-1du65oy{font-size:1.0625rem;line-height:1.2;}}@media(min-width: 40.625rem){.css-1du65oy{font-size:1.0625rem;line-height:1.2;}}@media(min-width: 64rem){.css-1du65oy{font-size:1.3125rem;line-height:1.2;}}Everything We Know About The Residence. 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? You talked about having to lay everybody off. Thats fine with me, but theyve got to run pretty fast. Schiller might be the only guy close to the president who isnt worth eight figures. Harry Jaffe has been a journalist in Washington, D.C. for three decades. If you shut the news off, theres so much negative and hate there, and youll see the good out in this country. I need to explain this for the readers because how this ranking is done is important because the ranking is completed on a survey of the franchisors based on five criteria. It was impressive and we sit here in 2021. We put up all the money, we signed the lease. 3316 Bee Cave Road, Ste DAustin, TX 78746, Copyright talentwargroup.com 2023 | All Rights Reserved, https://Fortune.com/2020/03/16/how-i-got-started-jersey-mikes-peter-cancro/. I started having that and people would come in and say, Let me have that Peter sub. We gave as many as five million subs out to first responders, healthcare workers, and senior citizen homes that were on lockdown. 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. What did you do with your life? Thats how we recruit and retain, but to go from a small company to a large, Ive got to tell you back and Ill say it again, we showed up every day. What are we doing next month? Thats how it started, thats how we got together. When I meet somebody, I know if we want to go forward with them or not. They have to pay it back. Hoyt came on board in 2008 and at the time Dominos was in a downturn, they were not doing well. Peter Cancro has been working as a Chief Executive Officer at Jersey Mike's Subs for 52 years. Take it, replicate it and do it again. Weve raised millions for Wreaths Across America. Her brother, Bud Thorne, was killed in the Battle of the Bulge. Thats great, weve done this and achieved that. Were on the Killington board of directors, the ski team. Nobody knows. Volunteers will receive a digital tool kit with messages that can be shared via social media and messaging apps. Its like football season. The return is unprecedented in the industry. Rudy. If you think about the mission of Jersey Mikes, its right there on your homepage, Giving, making a difference in someones life. You talk about the culture of giving is as much a part of our heritage as oil and vinegar. That is so great. Thats what we do and were out in the suburbs, the soccer moms, middle-class income, but now coming in to more urban areas doing well also because people understand the value of our product. I appreciate that. He began his He likes large crowdsthe largest crowdsand even after the election, he's organized campaign-style The contest is open to Greenwich residents only. Its great to hear and all that, but its what we do. We have a big training that Brian Loughran, our head of training, is putting on starting after the month of giving, which is on April, May. I picked up the book, Pizza Tiger and read that. Thats what we look for and embrace and see. When the New York Times asked Trump for a list of his buddies, Lorber was one of two. Whenever I go, I look up at the menu because I dont know what it is, some of the numbers and when I left, there was 1 through 9. How did you get through that? I met her for four minutes and I knew. Its a constant going into the stores and several times a month working with the crews. Peter Cancro (center), Founder & CEO, Jersey Mikes Franchise Systems, Inc., celebrates the companys 2022 Day of Giving at Jersey Mikes in Point Pleasant Beach. Wreaths Across America. She talks about giving over yourself is when you find out about yourself. Its not that easy. Are they looking for something in return? It was the original store at fifteen seats, and all takeout. Cancro also held calls with franchisees to walk them through applications for Paycheck Protection Program loans, which they all received. The next day, you start the next drive. The grandson of Lebanese Christian immigrants, Barrack built a fortune from nothing and now manages $60 billion in assets with Colony Capital fund, much of it for Arab investors. Lower the costs, make sure the business model works and we have one of the most impressive business models in the industry, as far as what it costs to open and then what we gross. Out there Actor, director, producer and Americares board member Tony Goldwyn, a New Canaan resident, will host an Americares virtual volunteer event to commemorate the Martin Luther King Jr. National Day of Service. It was very effective. 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. I saw that we were again flat-lined and lost a lot of sales every year. We touched the core. You dont have a certification. You didnt have 30 years in the industry. Theyre going to say, Were giving 100%. Peter was named to the 2021 Power List by Nations Restaurant News. It was an extraordinary time. Youre investing three times more time into training than any other food service franchise. Thats so cool that all the owners get it. Hes the founder of Jersey Mikes Subs, which now has over 1,000 franchises. Thats pulling people along. WebPeter Cancro (age 64) is listed at 9705 Collins Ave Apt 2303n Bal Harbour, Fl 33154 and has no political party affiliation. People say, How did you do it? It started to happen. This show is a conversation with prominent visionaries, drivers of change and those dedicated to winning. Theres no need to recreate it. He clearly craves attention, says Kozak, but even with that there seems to be a need to withdraw at least to a non-peopled form of solitude..