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468: Trusting your team with Michael Lennox

Published 8 years, 4 months ago
Description

In this episode with Michael Lennox, we discuss:

  • How Lennox became a successful restaurant owner with ZERO restaurant experience.
  • How the opening of the Atlanta Belt Line has been creating new opportunity for local restauranteurs.
  • How Lennox is using skills he picked up from his law and real estate experience as a restaurateur.
  • Key things to consider when negotiating a lease.
  • How to get an SBA loan with no prior industry experience.
  • Surrounding yourself with a team of people who are strong where you're weak.
  • Centralizing the communication between the FOH and BOH through the GM.
  • Keeping your cool under pressure so your negative energy doesn't affect your team.
  • Surrounding yourself with managers who have strong networks.
  • Giving your managers opportunity to grow.
  • Freeing yourself from the day to day with delegation so you can redirect your focus to working on the business.
  • "Shaking the ghost" out of pre-existing restaurant spaces before moving a new restaurant in.

Michael Lennox is a 33 year old Atlanta native. Upon returning to his hometown and prior to his career as a restaurateur, Lennox practiced law. Lennox took his first swing at the restaurant industry in 2014 with Ladybird Grove & Mess Hall. Following Ladybird's success, Lennox opened sister restaurants Muchacho and Golden Eagle in the fall of 2017 to much acclaim.

Show notes… Favorite Success Quote or Mantra.

"Genius is 1% inspiration 99 perspiration."

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Knowledge bombs
  1. Which "it factor" habit, trait, or characteristic you believe most contributes to your success?
    • Trusting your team. Early and often. Ask questions later.
  2. What is your biggest weakness?
    • Being his own biggest critic.
  3. What's one question you ask or thing you look for during an interview?
    • Ask, "What do you like to cook during your free time?"
  4. What's a current challenge? How are you dealing with it?
    • Building up the management company.
  5. Share one code of conduct or behavior you teach your team.
    • Even if you Don't know that right solution or answer, just try as hard as you can.
  6. What is one uncommon standard of service you teach your staff?
    • Put yourself in the guest shoes.
  7. What's one book we must read to become a better person or restaurant owner? GET THIS BOOK FOR FREE AT AUDIBLE.COM
  8. Share an online resource or tool.
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