10 entrepreneurship insights from ceo of nick's pizza & pub
DESCRIPTION
Nick’s Pizza & Pub has margins nearly twice that of the average pizza restaurant and boasts an 80 percent employee retention rate in an industry in which the average annual turnover is nearly 150 percent. Nick credits his company’s success to his purpose-driven culture, which is the focus of his new book, A Slice of the Pie: How to Build a Big Little Business (Portfolio; 2012). Nick is a regular speaker at entrepreneurship and HR conferences, and his insights have been featured in The New York Times, The Economist, Inc., Fast Company and Investor’s Business Daily. Listen to the 33voices interview with Nick at www.33voices.com/nick-sarillo/audioTRANSCRIPT
10 Insights From PRESENTS
NICK SARILLO
Nick Sarillo is the founder, CEO and “primary keeper” of the Purpose and Operational Vales
of Nick’s Pizza & Pub –
the sixth busiest independent pizza company in per-store sales in the United States.
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you’ve got to love the act of creating things To be an entrepreneur,
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Your purpose is present tense - live it each moment
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The ‘how’ crystalizes your values & the ‘what’ becomes the easy part.
Your ‘why’ identifies your passion.
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When you experience success, be open to sharing your financial results with your team
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When times are tough, let your sense of responsibility to your team guide your actions
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e best way to build your brand is from the inside out - build your culture on a concrete set of values
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Hire for values alignment & invest in retention
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As an entrepreneur, NEVER GET COMPLACENT ABOUT
YOUR FINANCIAL DISCIPLINE
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ISSUE – PURPOSE – VALUES – SOLUTIONS
When an issue evolves, first be guided by your purpose,
& then align potential solutions with your highest values
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It’s not about the money - It’s always about doing the right thing
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REFLECTION
What are you doing to do the right thing & to take care of people?
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Want more? Listen to the full conversation at
.com/Nick-Sarillo
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