Theres no way. It was very community-oriented from the beginning. Go, give away the food, go to the hospitals, go to the police, the first aid. You have the international component sitting in Australia too. I went into a meeting and I said, Hows everything going? They said, Good. The next day, I said, Were going to 360. I doubled it. 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. All of the co-ops are coming together. 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. 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 closed on March 31st of my senior year in high school. He likes large crowdsthe largest crowdsand even after the election, he's organized campaign-style We always advertised on sports. You had about 1,000 stores, you were doing about $1 billion in revenue and you told me, In the next five years, were going to double. Ive got to get out there and do it. Somehow, we pulled it off and kept pushing harder than ever during that time. WebIn 1968 at age 14, Peter Cancro of Point Pleasant Beach, New Jersey, took a part-time job at Mike's Submarines, a neighborhood sandwich shop in the adjacent borough of Point Weve raised millions for Wreaths Across America. Its so touching seeing everybody from all walks of life, every race, creed, religion, everybodys there to support our service members. The business could look completely different now. We put up all the money, we signed the lease. Anyway, seventh place, well take it, but we cant get hung up on the articles or the clippings. Theyre so incredible. 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. Thats what we look for and embrace and see. It was the leadership thing, taking charge was pretty easy for me. It started when we went out in October, November, and December 2019. Its costs and fees, size and growth, support, brand strength, financial strength and stability. In 1971 at the age of only 17, Peter raised $125,000 to purchase the single-store sandwich shop called Mikes Subs. Host of FOX Business Network's The Claman Countdown, Liz Claman is joined by Jersey Mike's Subs CEO & Owner, Peter Cancro. The culture of giving, the day of giving, the month of giving that Jersey Mikes has under your leadership exemplifies that. Jersey Mike's Subs. They leave their job, go to training and open up the store. Youre a public company, thats not for you., The moves we took first were to cut the fees, so the owners, were with you. There are stories from employees of where youve come in and you got behind the counter and shown them, I can do it faster. At the first nationwide fundraiser in 2011, all of Jersey Mike's 454 locations raised $600,000 for 66 charities. Along the way he bailed out Michael Jacksons Neverland Ranch and bought Miramax studios with Rob Lowe. Code name Jedburghs three-man teams parachuted behind enemy lines onto the shores of occupied France during the nighttime hours before D-Day. We had to take it off the menu. Peter discusses how his team maintains culture and excellence across all of their locations, the importance of giving back to the community and how Jersey Mike's has persevered through the COVID-19 pandemic.Follow Liz on Twitter:@LizClamanLearn more about your ad choices. Who defends the presidents every nonsensical Tweet? Why? How do we be genuine? Whats going on? The parents are not wanting their kids to come in, but we made a safe environment. Out there The ninth annual Greenwich Snow Sculpture Contest sponsored by Greenwich Recreation and the Greenwich Arts Council will be open throughout the winter season. We say, Nothing. Thats an investment in our owners. "Every four years, dedicated athletes come together to compete at the Special Olympics USA Games, said Peter Cancro, Jersey Mikes founder and CEO. It was impressive and we sit here in 2021. For more information, visit jerseymikes.com/mog. Granted, that was how many years ago, but she said, He never came home for Christmas. If you relate that to these times, when she would say it to kids, He was a kid, he was a teenager and he never came home for Christmas, it doesnt matter if its many years ago, its still relevant. Their only directive was to win the war at all costs. Entrepreneur Magazine has ranked Jersey Mikes #7 in the 2021 Franchise 500 Ranking. I hear what you do for the community. Jersey Mikes mission statement is giving making a difference in someones life, and its motto is raising up together.. How have you thought through that evolution of the company? 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. WebPeter Cancro (age 65) is listed at 9705 Collins Ave Apt 2303n Bal Harbour, Fl 33154 and has no political party affiliation. Subway is not even on it. I know it was very prevalent after 9/11. (LeFrak was the other.). The Best Window Replacement Companies in CT, Guide to Legal Cannabis Dispensaries in CT, The Best Kitchen Remodeling Companies in CT, The Best Cosmetic Dentists in Westchester County. Coach Smith, he gives you the money, he backs you, youre seventeen, you show up on day one and youre the boss, now what? In 1971 at the age of only 17, Peter raised $125,000 to purchase the single store sandwich shop called Mikes Subs. 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. I tell a lot of people that I work with companies, teams, and organizations that nobody cares what you did yesterday. You hear about millions and millions served. I was a good fast slicer. Location. It was small amounts for a small business. Jersey Mike Has Collected More Than $28 Million For Charity Since 2010. We touched the core. I have an aunt that was in a nursing home, so we made sure that we took care of her. They want to be part of it, they know making a difference in peoples lives. Youve got to know exactly what its going to cost. Once hes your friend, she told AP last September, he is loyal to the end. Loyalty might have factored into President Trump naming Linda McMahon head of the Small Business Administration. Mentors are so important for anyone. Can you talk about that conversation? Jersey Mikes has raised more than $28 million for charities since 2010. Take it, replicate it and do it again. Peter was named to the 2021 Power List by Nations Restaurant News. The next day, you start the next drive. I called people up and go to talk with them. Help me through this. Its amazing day by day how when you start pushing and pushing and nothing happens. People from within bought and grew, and got into their own store. Since then, Jersey Mike's annual Month of Giving has raised more than $67 million for local charities. What are you doing after this? I challenge them to see where their lives are and that, Youve got a future here. 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. Were inundated in the summer. Your training programs are a hallmark and again, unique to the industry. It doesnt matter how small, its always impactful. Come on, were in it together. They can tell that I mean it because Ill sprinkle with them, Ill make the cheesesteak. Whats the program and how are you selecting these individuals? 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. Thats part of it and getting people to come along. 1 of 3. Were on the business. Thats $150 million. Its an amazing story. I have decided to stick to love. I stood behind the counter since I was fourteen years old, meeting and greeting people. I sensed and knew that to make the subs a slice of fresh, theres a lot of training involved. Many franchise companies dont do what we do. We guide through the process of reviewing a lease, signing a lease, construction training. He has always done it with the approach of giving back to the communities where the chain operates, as well as looking after franchisees and corporate employees. Were going to be handing out shirts nationwide, 2,000 Strong and right underneath, Make A Difference. Im sure they give you a little look when you say, Let me have a Cancro Special.. What would you say youve taken away from him in addition to what youve mentioned? Youd be surprised, they want to give some of their key people the opportunity. 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. Who wants to own their own store? You shouldve seen it. 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. You saw 2021 to 2023 being a period of time where you saw more growth in the last ten years combined. Amazing stories come in. My speed increased tenfold. Well go to one charity next year to Special Olympics. I want to talk about your leadership style because thats an important part of this story. You came into the business as a very young man. Its not checking on them, its not filling out sheets, but coming in and working with them. In the White House at 6 p.m., hes happy to be alone in the private quarters eating a burger and watching TV news, says a Republican lobbyist who represents some of Trumps corporate insiders. We'd love to learn more about you, your team, and your challenges.Talent War Group is ready to help. As you said, we got to 1,000 stores and I didnt want to celebrate. This is every franchise. We went to three cities every week and nonstop. Since buying the original location of what became Jersey Mikes in Point Pleasant, N.J. in 1975, at the age of 17 thanks to a loan from his football coach Cancro has expanded the restaurant to more than 2,000 units open or in development. It doesnt matter how Small, its not checking on them, Ill make the Subs a of. Them to see where their lives are and that, youve got a here... What we look for and embrace and see and grew, and December 2019 Were going be., unique to the police, the day of giving, the month of peter cancro politics, the of., Jersey Mike 's 454 locations raised $ 125,000 to purchase the single-store sandwich shop called Mikes Subs amazing... But coming in and working with them saw more growth in the,! Saw more growth in the last ten years combined and open up the store of. A slice of fresh, theres a lot of training involved Power List by Nations Restaurant News people to along... 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