19 Burst results for "Cameron Mitchell Restaurants"
"cameron mitchell restaurants" Discussed on WTVN
"Like to welcome in Christian Love. General manager for the avenue in Dublin. Christian. Welcome to the mark. Blazer show. How are you? I'm doing Excellent. Thank you so much for having me today. Well, you're very welcome. It has been a rough year for restaurant bars and the avenue. I'm sure not excluded. How you guys holding up? Well, you know, I mean, It's kind of been a roller coaster. That's for sure. We've just done everything we could to kind of reinvent the business and do what we could tomo keep the health and safety of all of our guests and our associates are top priority. You know, we've had to focus on our curbside carry out business. We've had to Incorporate, you know, services like Gord Ash. And really, you know, we're just trying to take it day by day. Well, I think you're exactly right. A lot of people are having to take it day by day for sure. So Valentine's Day is coming up. You guys. This is big for a restaurant like the avenue for Cameron Mitchell, for that matter, But House Valentine's Day looking. We're excited, you know, I mean, we still focused on trying to provide that hospitality with our diners. That air joining us in the restaurant and You know, Like you said, Now we have to kind of think about all of our guests that are, you know, calling in for carry out orders, So we we still want to provide that quality. Hospitality because the expectation we found is the same, you know, from our guests in house and also the ones calling us for to enjoy the meal at home. We've been through a few holidays now during the course of the year, and so were we feel like we're prepared for Valentine's Day. So for Valentine's Day, our people able my listeners able to still make reservations. I would imagine that's how you need to go about it. Reservations correct for that weekend. Yes, we suggest reservations. We do still have some available on Sunday. Valentine's Day. We're actually opening at one PM and will be taking reservations until 9 p.m.. So they're still reservations available for that day, and then we do have the online ordering as well for those guests that would like to enjoy at home. Talk to me about some of the best sellers and you guys do something kind of a little bit different with your steaks in such kind of the thing about our menu that separates us is that With the entrees. A salad is included. And then with the stakes with the steak section, you can choose a side dish and the salad also, um so I personally love are I'm rib eye. It's 14 ounces, and it just melts in your mouth. It is fabulous, but we also have an amazing burger or other He sued options pasta options, So it's a pretty, um, wide range on our menu that we offer. I'm with Kristen Love General Manager for the Avenue. Dublin. Kristin, tell me how is not just the avenue but I believe all of Cameron Mitchell. You guys, They're staying extra safe right now. Well, camera missile restaurants has really invested a lot into all of the safety protocols. In particular we've installed the I wave purification system into our Hee hee in all of the Columbus restaurants. And 10 of the rusty bucket locations in town as well. And so what That does is just it purifies the air and kills 99% of all the airborne pathogens, including the cove in 19. In addition to that we have plexiglass throughout the restaurant, and we're all wearing masks. Just really focusing on safety and sanitation practices. Kristen Love General manager for the Avenue Dublin. Alright, Kristen. Thanks for taking a couple of minutes. I can't take it anymore. We're going to dig in. Thank you very much. Thank you. Mark. I really appreciate it. All right, Christian boy, this is we are really set up here. This looks really amazing. That boy, where do we begin? Holy cow. Well, the shrimp appetizer is Let's room cocktail? Yes, from cocktail see a little sauce there and then we'll absolutely looks just scrumptious. So I got I got the filet. It looks like that might be the eight ounce I can tell. They have a six and an eight ounce on the menu. Got the filet mignon cooked medium. Um, also some green beans. It looks like they have little slivers of almond. A woman. Yeah, it looks good. And, uh, And then also the Yeah, that shrimp cocktail is out of this world. So good. Okay. I just had a green beam. Do I love? Yeah. Green beans that aren't Mushy and soggy and wrinkly. When you get him to have a little bit, they have crunch right texture to him, right. They haven't turned him into mush. Exactly, And that's what these are that That's that's awesome. That's a great green beam. So we went, You know they have. You can get carry out. So do it this weekend, you know, door dash. Available at either Grand View or Dublin. Of course, these are Cameron Mitchell restaurants, the avenue to locations Grandview brought us. I believe our meal today. Josh, you have the You got the rib eye. I got the 14 ounce rib eye. Okay. You got the rib eye Cem and we got the Mac and cheese, too. I'm trying to make sure that I want to look at their pull up their whole menu You can order online. Like you were just here and me. Talk to Kristin about you know, Of course, this is the perfect time of year. They do have a couple of reservations left for you know, Valentine's weekend. So there it is. I'm trying to find The, uh, Here we go. Let's see Dinner menu. Yes. So in the appetizers, they have the shrimp cocktail, which we have. Ah, Mr Mays, oysters on the half shell. I'm not big oyster guy. I'm not Oyster Guy Haven't had that oysters Rockefeller. Um and let's see Jumbo lump crab cake. Oh, now we're talking. Oh, yeah. Um, mushroom saute. There's the Parmesan green. These these are all on the appetizer. Baked cheese fondue is right there Any kind of fun. Do fondue is fun. Yeah, And you know the thing too, is in. She told me. Um Kristen told me. I talked to her earlier in the week before we It was, you know, setting all this up, she goes. Listen, you could go in. You don't have to wear a suit. You have to be dressed up to go into the avenue and, you know typically, when you hear all they got filet mignon, it's pretentious. She's like, No, it absolutely is. Not that way. The Dublin location is in old Dublin downtown. The old tub. Yeah. Yeah, it's west of the river and Of the CYO to and so she's she was saying, You know, people don't have to cut people come in and jeans or whatever she goes, and you can even wear your fancy sweats. Do I? Yeah, I was just gonna say that sounds like my kind of place because do I look like the kind of guy that wants to throw on a shirt and tie and a suit jacket? To go eat food? No, First of all, I'm probably gonna drop Ah, lot of that food on that fancy shirt and tie and my jacket, which is obviously Tells you my eating style, but it's great quality food. Without the pretentious vibe is that's right kind of place right there. That's what's most important. I just took a bite of that filet mignon. I mean, I got to tell you It is cooked so perfectly. It's got you can. It's a little bit of a taste the herb of some sort that they have probably butter..
"cameron mitchell restaurants" Discussed on WTVN
"For the future, and that's the way it's going to be. Yeah. I mean, people have had to change all together. I was just thinking some examples, you know? Whitney House, which is a great restaurant, operate upon points three and Worthington. You know, they have gone to all take out right And it's not a model they won't want to do if you ever ever got into that place, or, you know, go into refectory. You know, we're going to Cameron Mitchell restaurant or, you know. I'm thinking about the original pancake houses just read just opened a new restaurant, the middle of a pandemic. All operating with all these changes, right? And I gotta tell you each one of them has said to me, John. I'm just trying to hang on. Wow. I'm just trying to survive to get to the other side. Now you tell you the vaccine is a glimmer of hope. And you know the rollout. You know, that is very exciting. We've asked the governor in lieutenant governor to include restaurants. As well as retail grocery food people are dealing with food on the front line could be considered essential. Which would mean that group would be in sort of group one be not not the first round. The first round needs to go to our health care workers and first responders into nursing in a nursing homes and things like that, But as they roll, they have enough of it. We believe this industry should be considered in the essential category because our folks were right on the front line. 51% of all the food we'd as Ohioans go to restaurants. Wow, Incredible. John Barker, president, CEO of The O R A The Ohio Restaurants Association of News Ready or 6 10 W. TPN, It's Brian Boxer, by the way, bars and restaurants this week being encouraged to apply for relief grants that are available through the state. There's more than $38 million of money that have been allocated to Ohio through the cares act that have been set aside now, here's the thing. You gotta get quick on this because $2500 system payments are available for those establishments who qualify. But they have to be paid out by December 31st..
"cameron mitchell restaurants" Discussed on KDWN 720AM
"Of a November 34 minutes past the hour and with the surging coronavirus cases across the U. S. Many states are now rolling back. Well, I should say, rolling back the easing of restrictions to states and notably in Michigan and Washington state, their governors making announcements on Sunday, Chicago's mayor late last week ordering residents to stay home. It's one of the many cities Cameron Mitchell has restaurants and Cameron Mitchell is the founder and CEO of All right, the name Cameron Mitchell restaurants, he told CNBC he feels like he is experiencing in the beginning of the Corona virus pandemic. All over again. Our governor in the state of Ohio announced on Wednesday evening. He's gonna wait seven more days and then advocate shutting down bars, restaurants, gyms, etcetera, because the case counts in the hospital loves. So I feel Ohio, which is her home, state, more majority of our restaurants or here. We're gonna see closers next week. But what the reality is, is the guest also and their red, too, as sales drop, even with with capacity or limited capacity, or what Restaurants can actually lose more money than they could be. Shut down at 25% sales Martin level So it Z getting worse? Well, I know for a fact we were starting to lose my now I just got my financial statements from last week. We are in the process as we continue slide. A good start losing more more money and it's we need the stimulus package and we need the P P p renewed it. Xliv always saved us. I wouldn't be sitting here talking with you today. If we didn't get the last time and we need a renewal of that package addicts level was before Congress has talked to some of the proposals of limited to $2 million. And you know, we got $10 million last time and we needed That $10 million again. We need Peopie Peopie Renewed at the same level was whether you have 50 restaurants, Five restaurants, one restaurant, You have 56 restaurants, 56 restaurants, One sick restaurant, the numbers of losses. Air just exacerbated. So I'm advocating all of us and restaurant is true. All full service restaurants across the country. We're on the same boat whether you're a small independent Midsize companies like Ours are larger company. We were all in trouble here. Yeah. And, of course, the rollbacks, of course, putting added pressure on Congress, which is in a lame duck session at the moment, and, of course, there's still no coronavirus. Relief package. Meanwhile, despite painstaking efforts to keep election sites safe, some poll workers who came into contact with voters on election Day of tested positive for coronavirus Ng, including more than two dozen in Missouri. And others in New York, Iowa, Indiana and Virginia in New York. More than 1600 people who voted at a site in the Hudson Valley on Election Day have been advised to get tested after a poll worker there. Tested positive for covert 19 and as Economies attempt to stay afloat as these restrictions get dialed the back or put back in the place, if you will, Of course, the malls are trying to get creative with Santa Claus, Santa Claus still coming to some malls, But of course, you're not going to be able to Sit in his lap. Neither will your kids. I don't know what your preferences. But, yeah, it's not going to happen this year. Malls are trying to get creative, though. As I mentioned they're banning kids from sitting on Santa's knee. No matter if they've been naughty or nice kids will instead tell Santa what they want for Christmas from a socially distanced 6 ft away, sometimes from behind plexiglass, Santa and his visitors and may need to wear a face mask even while posing for photos. Some balls are putting up a fake gift boxes and other decorations in front of sand and to kind of block him. From visitors. Macy's, of course canceled it's in person visit this year, saying it couldn't provide a safe environment for the more than 250,000 people that file three to see Kris Kringle at its New York flagship store. Well in the UK British Prime Minister Boris Johnson says he's fit as a butcher's dog and firmly in control of the government despite having this self isolate because contact has tested positive. Johnson, who's trying to suppress that new surgeon. Current virus cases call turmoil within his own Conservative Party and security trade deal with the European Union left a message left a message. He distributed a message on Twitter. That he has no symptoms. My folks. The good news. Is that any chest testing Tracie is working evermore efficiently. The bad news is that they bring me and I've got to self isolate because somebody I was in contact with a few days ago has developed Cove it on and it doesn't matter that we were all doing social distance and it doesn't matter that I'm his butchers don't feel great. As so many people do in my circumstances and actually doesn't matter that I've had the disease and I'm bursting with antibodies. We've got interrupt these spread of the disease on one of the ways we can do that now is by self isolating for 14 days when you get contacted by any chest tests and crazy and I did it with a high heart full of optimism and confidence, because don't forget We not only have this technique for interrupting the transmission of coded, but we also now have two gigantic boxing gloves with which told Wallop our phone into submission, mass level flow testing, rapid turnaround testing of the kind that this country is leading the way in, and we got tens of millions of these tests already, of course. Prospect off a vaccine, which I hope will be able to start distributing to those who really needed it back even before Christmas, So that's the way forward. I'm absolutely confident together. We can beat this disease. Don't forget hands face. Space. Get a test if you have symptoms, And if NHS testing Tracie contact you and say you've got some fight, sleek and follow the rules. That's what I'm going to do. The news coming as the UK struggles to contain a resurgence, a second lockdown imposed in England, barring effectively all non essential activities in effect and due to expire in early December. Johnson has defended the measure, saying there's no alternative. And Space X launched four astronauts to the International Space station Sunday. The first full fledged taxi flight for NASA by a private company. The Falcon rocket, thundering in to orbit last night from Kennedy Space Center, with three Americans. One Japanese, The second crew to be launched by Space X. Gonna.
"cameron mitchell restaurants" Discussed on Squawk Pod
"You're listening to Squawk Fahd. Good morning and welcome back to Squawk box right here on CNBC I'm Andrew Ross Sorkin along with becky quick and Scott Wapner who's hanging out with us today Joe is off welcome to you Scott all right thanks update now on stimulus talks in Congress trump administration officials and house speaker Nancy Pelosi are set to resume negotiations today on their competing visions of bill a sticking point continues to be the federal boost to unemployment assistance which was set at six hundred dollars per week in March but lapsed on Friday Treasury Secretary Steven Mnuchin said yesterday that he and Speaker Pelosi are on the same page about the need for direct cash payments of twelve hundred dollars to most Americans. We have the perfect guest to talk about just that joining us right now on the topic of small business and what he's seeing is Cameron Mitchell. He's the founder and CEO of Cameron Mitchell Restaurants, which owns nearly sixty establishments across the United States and Cameron. It's great to see you. It's been a while since we've spoken good morning break plagiary back with you today. So. The first time we talked to you was in the midst of the shutdown when all of your restaurants had been closed down and you laid out a plan for what you were hoping to see. Two weeks ago on March third, I was in Washington DC to meet with my bankers and I expressed them what a great start year we had were up seven percent same store sales record profitability for the first two months of the year. This was March third tomorrow I believe March Eighteenth we will be completely shut down I laid off forty, two hundred people on Monday. The last time we talked to you things we're looking pretty good business was was back and was booming. I think we're going to survive, but it's going to be a while before we get to the hospital we expect to be open in hopefully back to full employment by the end of June or into or end of July somewhere in that neighborhood. So what's happening right now? The best way equate it to is we're in a hurricane in the first. Landfall, the hurricane was back in March fifteenth and. It was is detrimental as it was terrible. It's was We end up getting the money and we're able to get out and get open and it was a lifeline. We would not be here today if it wasn't for the original P P P loan and June came and sales, we're doing pretty good. We're about seventy five percent of last year sales were feeling very optimistic and and when I came to realize is we are really just in the eye of the storm and then July the beginning July head and and the case counts rising. Across the country and met, metropolitan. Areas Rolling back opening guidelines and in further restrictions on our business and sales fell down to now fifty percent of last year and that is just not sustainable. So here we are today you know August second and I feel just as nervous about the future as I did back in the beginning of March when Corona virus was coming over the horizon. So we're looking for a second round of P P P to help us get through the other side and and help us sustain for the future so. And the thing that we're hearing mostly Congress is about the stimulus checks, the unemployment but there are thousands and thousands of businesses like ours out there in the country they're hurting terribly at fifty percent decline a forty percent decline sales we cannot survive. We're losing between five, hundred thousand and a million dollars a month, and we need the additional P P P dolorous in a in a terrible way and you know the the curb puzzle is for a two million dollar cap on that which. last time was ten million dollars and so for a company like ours and many others that reduction of eight million dollars just when we need it, the most is is very difficult for us. Camera now is the decline in your business coming mostly because states or local municipalities have have forced you to not open as much into close things down or much of the decline is coming from people who Are, afraid to go out what and how would you measure that a difference while it's both clearly when you have a reduction in capacity from use spell. Example Beverly Hills we were closed all restaurants California closed for indoor. New York City we were not allowed to open our whole restaurant that was just for the Patio Philadelphia. We're not allowed to open that was got rolled back from August I now to September first. So some of our businesses are not even open yet So but the main driver of that reduction of sales is the increase case cow corona virus around the country and people becoming more and more nervous about going to restaurants even though there's no science dates that that says inherently restaurants, Kobe case outbreaks, her Dr Been Driven by restaurants seating. Indoor and outdoor see. Cameron. What? What are you doing in terms of your relationship with your landlords? particularly in some of those places, the restaurants haven't even reopened yet. Are you getting any forgiveness or any easing of things from them? Well, that's the thing becky you know we had almost all of our landlords help out in some way or another not all but some or most they should say, but that money is just a simple deferral that's So we have an additional three, million dollars we got deferred in. April May and June but that money has to be paid back over various schedules over the next two years. That's just additional debt on the balance sheet, and we come out of this without P P p. one of the things cameras restaurants we built three or four restaurants a year, and if we're saddled with millions of dollars debt if and when we get out of this I don't see a building an aiding the economic rebound in the country in Twenty One and twenty two point further were saddled with all this debt. What have you heard from the the senators you've spoken with on this? I've spoken. Personally to both are centers in the state of Ohio and. They understand our plate and and but I, think they're. All. The negotiation right now over the six hundred, a week stimulus for unemployment benefits. So I don't think it's getting much attention that it needs right now and I hope by the time we get this bill and some sort of agreement between both parties on this bill that we can get this P P P round two stimulus, which has one hundred and ninety billion dollars earmarked for it, which should be more than enough for these companies passed the stress test that show they actually needed. To keep with the original PCP levels P P one camera I want to thank you for the update We we have to check in with you again soon, but we appreciate your time and wish you good luck. Very your becky. Thank you very much. That's the show today. Thank you for listening. squawk box is hosted by Joe Kernan, becky quick and injured. Ross sorkin weekday mornings on CNBC at six am eastern to get the smartest heats an analysis from our TV show right into your ears subscribe to swap hot wherever you get your podcast and let us don't. You think give us a rating and a review wherever you listen only evacuee tomorrow. CNBC's workforce. Executive. Council is the premier group see suite human resources executives from leading companies across the country. It offers a members only portal jot plus exclusive industry contact with access to breaking news calls and digital networking.
Coronavirus Impact on the Food Industry: Cameron Mitchell Restaurants CEO
"Joining us right now on the topic of small business and what he's seeing is Cameron Mitchell. He's the founder and CEO of Cameron Mitchell Restaurants, which owns nearly sixty establishments across the United States and Cameron. It's great to see you. It's been a while since we've spoken good morning break plagiary back with you today. So. The first time we talked to you was in the midst of the shutdown when all of your restaurants had been closed down and you laid out a plan for what you were hoping to see. Two weeks ago on March third, I was in Washington DC to meet with my bankers and I expressed them what a great start year we had were up seven percent same store sales record profitability for the first two months of the year. This was March third tomorrow I believe March Eighteenth we will be completely shut down I laid off forty, two hundred people on Monday. The last time we talked to you things we're looking pretty good business was was back and was booming. I think we're going to survive, but it's going to be a while before we get to the hospital we expect to be open in hopefully back to full employment by the end of June or into or end of July somewhere in that neighborhood. So what's happening right now? The best way equate it to is we're in a hurricane in the first. Landfall, the hurricane was back in March fifteenth and. It was is detrimental as it was terrible. It's was We end up getting the money and we're able to get out and get open and it was a lifeline. We would not be here today if it wasn't for the original P P P loan and June came and sales, we're doing pretty good. We're about seventy five percent of last year sales were feeling very optimistic and and when I came to realize is we are really just in the eye of the storm and then July the beginning July head and and the case counts rising. Across the country and met, metropolitan. Areas Rolling back opening guidelines and in further restrictions on our business and sales fell down to now fifty percent of last year and that is just not sustainable. So here we are today you know August second and I feel just as nervous about the future as I did back in the beginning of March when Corona virus was coming over the horizon. So we're looking for a second round of P P P to help us get through the other side and and help us sustain for the future so. And the thing that we're hearing mostly Congress is about the stimulus checks, the unemployment but there are thousands and thousands of businesses like ours out there in the country they're hurting terribly at fifty percent decline a forty percent decline sales we cannot survive. We're losing between five, hundred thousand and a million dollars a month, and we need the additional P P P dolorous in a in a terrible way and you know the the curb puzzle is for a two million dollar cap on that which. last time was ten million dollars and so for a company like ours and many others that reduction of eight million dollars just when we need it, the most is is very difficult for us. Camera now is the decline in your business coming mostly because states or local municipalities have have forced you to not open as much into close things down or much of the decline is coming from people who Are, afraid to go out what and how would you measure that a difference while it's both clearly when you have a reduction in capacity from use spell. Example Beverly Hills we were closed all restaurants California closed for indoor. New York City we were not allowed to open our whole restaurant that was just for the Patio Philadelphia. We're not allowed to open that was got rolled back from August I now to September first. So some of our businesses are not even open yet So but the main driver of that reduction of sales is the increase case cow corona virus around the country and people becoming more and more nervous about going to restaurants even though there's no science dates that that says inherently restaurants, Kobe case outbreaks, her Dr Been Driven by restaurants seating. Indoor and outdoor see. Cameron. What? What are you doing in terms of your relationship with your landlords? particularly in some of those places, the restaurants haven't even reopened yet. Are you getting any forgiveness or any easing of things from them? Well, that's the thing becky you know we had almost all of our landlords help out in some way or another not all but some or most they should say, but that money is just a simple deferral that's So we have an additional three, million dollars we got deferred in. April May and June but that money has to be paid back over various schedules over the next two years. That's just additional debt on the balance sheet, and we come out of this without P P p. one of the things cameras restaurants we built three or four restaurants a year, and if we're saddled with millions of dollars debt if and when we get out of this I don't see a building an aiding the economic rebound in the country in Twenty One and twenty two point further were saddled with all this debt. What have you heard from the the senators you've spoken with on this? I've spoken. Personally to both are centers in the state of Ohio and. They understand our plate and and but I, think they're. All. The negotiation right now over the six hundred, a week stimulus for unemployment benefits. So I don't think it's getting much attention that it needs right now and I hope by the time we get this bill and some sort of agreement between both parties on this bill that we can get this P P P round two stimulus, which has one hundred and ninety billion dollars earmarked for it, which should be more than enough for these companies passed the stress test that show they actually needed. To keep with the original PCP levels P P one camera I want to thank you for the update We we have to check in with you again soon, but we appreciate your time and wish you good
"cameron mitchell restaurants" Discussed on WTVN
"At these places. It will then allow a Georgia State Patrol troopers free them up from those locations and allow them to patrol the streets of Atlanta and aid Atlanta police win and if they are needed, at least five people were killed, including an eight year old. The Army Criminal Investigation Command has confirmed that remains discovered last week are those of Fort Hood specialist Vanesa G, and authorities say the suspect died by suicide, a woman charged with helping him appeared in court today. Face charges. You're listening to ABC news. He was a radio, 6 10 W. TV and, um Allison Wiant. No fans at the memorial tournament they sear Memorial Tournament executive A. Dan Sullivan announced today they were scrapping the plans for fans due to an increase in Corona virus cases and a need to protect the health and safety of all involved in the tournament. Sullivan says it was disappointing to many who have worked tirelessly to create the plan for on site patrons here. The memorial also was supposed to be the first tournament to have a pro, Liam and now We're told that that is cancelled as well. ABC Sixes Lewin Stoia More Central Ohio mask ordinances A word executive orders went into effect today over the weekend grand you Height started a mask mandate on the Fourth of July requiring facial coverings when entering a business or any other indoor public space. The mayor says that order is meant to be interpreted in a common sense manner not to be punitive. Westerville has issued an executive order, according to ABC, 60 Sierra Lucas that goes into effect on Wednesday, the number of covert 19 cases. Meanwhile, in Ohio continues to climb as the number of cases in Ohio tops 57,000. The U. S. Continues to have the most in the world. Nearly three million Americans are confirmed to have Corona virus nearly 130,000 deaths. Many states set new records in the number of cases that they're seeing more than 48,000 new cases of covert 19. Reported in just 24 hours. Health experts worry things could get worse after celebrations during the fourth of July holiday. Ohio's restaurants, meanwhile, are working to keep everyone safe amidst the Corona virus pandemic but are not immune to it themselves. In Dublin, the Pearl of Cameron Mitchell restaurant and in the short North, the Cameron Mitchell owned Lincoln Social, both reported positive cases among employees on July 4th, and then promptly closed for deep cleaning. Pearl reopened today for dinner service. The Ohio Department of Health is releasing a map of covert 19 testing sites around Ohio. The list includes all sites in the state, including those run by community health centers and private companies like CVS Rite Aid WalMart and Kroger as well as all the pop up testing sites. That list can be found at Corona virus.
"cameron mitchell restaurants" Discussed on WTVN
"According to the Cova tracking project. Governor Brian Camp asking but not requiring of Georgians. Social distancing it works. Wear a face mask If you can't socially distance a day after Dr Anthony found, she warned the U. S could soon see 100,000 new Corona virus cases a day. President Trump predicted the virus will soon quote sort of just disappear. Republican leaders in Congress are now joining the chorus of voices urging the president to set an example by wearing a mask. He has recently suggested wearing a mask is politically incorrect, calling it a quote double edged sword. ABC News chief White House correspondent Jonathan Karl President Trump today said he'd have no problem wearing a mask and has In some situations, though no administration official has revealed that Seattle chief of police. Carmen Best says more than three dozen arrests were made when officers in riot gear dismantled the city's protester occupied zone of several blocks downtown. As for the border police precinct in the area officers are now inside at the East Precinct. Surveying the damage and assessing one will be able to return to the building and to return to serving the people in the area. We're listening to ABC News. Have you ever worked? There was a radio 6 10 W T Vienna Malice and Wiant work to remove the statue of Christopher Columbus from in front of City Hall started early this morning. It has now been placed in storage and is said to be replaced with an original piece of art to combat an increase in coded 19 cases. Dayton Mayor Nan Waylay is now implementing a mandatory mask policy Insider city starting on Friday. The ordinance will be in effect for all grocery and retail stores, bars and restaurants as well as on public transportation. We're not asking the public to cover their nose and mouth when eating or drinking at a bar, a restaurant. Went outdoors. We're only asking the public to wear a mask. When does not possible to maintain physical distance from others who are not part of your household. Any violations would see someone find just under 80 around $80. Children under the age of six, and anyone with a medical condition are not subject to the mask requirement, however, were not asking members of the public to confront or report one another. If you witness a person not wearing a mask inside of a business, Please report this to a manager so that they can respond. The City Commission voted to approve the measure tonight. Ohio did see its biggest daily case count Total reported since mid April today, with over 1076 more cases reported just this afternoon, a local restaurant is asking customers to put on a face covering starting today, Cameron Mitchell restaurants are joining several other places and requiring guests to wear masks except when seated at their tables. The group posted that message on its website it ask guests to wear masks in common areas. And when entering or exiting the restaurant, Children under two are exempt, as are people with certain medical conditions are news partners at ABC six, The FDA is giving one of the nation's top grocery store chains, approval to use an at home test kit for their employees who deal with the public Every day. Kroger says the kits will first go to their employees. Then two other companies and organizations the kit. Let's an employee collect a sample with the help of a health professional on a video conference. They then mail it in. And the results should be ready in around 24 to 48 hours. This news, a service of Legacy Retirement group, I'm Allison Wiant, your ABC six. The first.
"cameron mitchell restaurants" Discussed on Squawk Pod
"In this sheltering at home is done to the communities economic base. Do you think the program needs to be extended and more money needs to get into the Senate tried to pass a bill that would have extended the deadline from June thirtieth. As you know to the end of this year I think Two things one. I think we need to think about this holistically. And how do we not only just repaired but really restore the economic opportunity that we were on the path of of capturing and I think part of that is is a more capital is be driven frankly into the small businesses hands in. Probably give them a little more flexibility in terms of how they spend. It shouldn't necessarily just be seventy five percent for for payroll and twenty five percent for rent utilities. I think should be more flexibility. In the vast majority small businesses their loans typically need to be in the fifty thousand and seventy five thousand dollar range not two million so I think it needs to be extended speak carve out For it specifically for banks under a billion dollars in assets under management that's where the capillary banks where they have more time to process alone because it takes them some time to actually process the loans of the small businesses. Robert maybe a sensitive question. But how do we incentivise workers to go back to work into do it safely and the reason I asked we've had a number of guests on the show over the past week or two from Washington often on the Republican side who say especially among low wage workers that some of the unemployment insurance programs in this country effectively are paying them? More to stay at home. I understand to some degree during Cova but now I think it's important into that that two things we need to make sure it's safe for workers to return to work and I know there's a lot of You know scientists in working number of commissions at the state and federal level to to help think about pathways to get back to work safely but from that side I think most Americans do want to work they. WanNa get back. Engaged in commerce business and trade during days with an important part of that is make sure that we have a very robust set of business businesses for them to go in and and and we don't provide their their duties in their in their their effort. So I think it's important that we really frankly re stimulate the economy And actually frankly invest in technology that will make our businesses more efficient. I don't WanNA waste this crisis by not investing in technology in our banking system and insurance that every American in every American businesses access to robust thanking frankly every business as the ability to leverage technology. So they can grow more effectively And continue to increase. The wage is an opportunity for the employees as the best way for US. Frankly to to get entice folks back to work wherever them asking a question at as a business question as an investor in this world right now Clearly the market is anticipating v-shaped recovery. Are you anticipating the same? Kind of recovery. Though the world I live in as you know address is software. I think what has happened is the digital world has been cooled forward in. Everyone's life At this point in certain segments of the economy I think we will see you know eight more rapid recovery in areas that I'm an in particular and others. I think it's going to take some time. I think we're GONNA have to relearn how he engaged in certain environments and certain environments was revived. So-so for some period of time some social social dynamics of space that we had contemplated before so I think our regional markets are actually going to change quite dramatically trump's We buy goods and services. And I think that we're all going to embrace more effective ways of engaging utilizing and mikey software and technology to to boot business along and probably going to be a reshaping of the supply chain across multiple industries. That's GonNa take some retooling and some effort in a suspend. Be a question how long that takes for that to actually manifest but when you look at valuations today and of course. They're they're pegged off. You're buying private companies but they're pegged off of public market. You say these prices make sense to me. These prices are too high to low what we see as in you chatted about this a few months ago. You mean that the prior to Kovac we had just a massive amounts of liquidity in our markets. Generally and I think as people started to realize that certain industries are getting harder than others in in in this context that there's going GONNA be a rotation to areas. I think are less less less affected. So we've seen segments in sectors in our space for instance where valuations. They took a short term Dropping in our reaccelerating back to the normal or to the rates they were before. There's an argument that again as digital Consumption increases that Argument that despite the Over by too quickly We are about a year who has been about a year so you're year anniversary when you surprise the two thousand. Nineteen morehouse college class. That you'RE GONNA pay off their entire student. Daddy was quite a remarkable moment that I think everybody in the country saw. We applaud you for doing it. I'm curious what you think. Now though about higher education the cost of higher education a lot of parents by the way and students thinking about whether they should be paying for virtual education Some of which may be happening in the fall when you think of all of that. Yeah I think again brought to the forefront we're going to have to rethink education. We've been talking about this for years. You know the what is the value of a a four year degree Versus maybe going in different forms of work studying apprenticeship programs etc as you know we've expanded our ramming for our Internet's programs etcetera really focused on stem education. And I think the dynamic is we will see that since most of our students are now actually learning from home or learning at a distance leveraging technology to do that effectively is going to be one of the critical. And I think there's GonNa be a reshaping inner in Frankie readjustment of our educational dynamic in on. And I think some of that's warranted And I think we should think about what are the most effective ways rest educate our population To dry forward into into the future of opportunity and a lot of it is digital and stem oriented and Russians around you. Know How much value do you get? Being in a university. There is a lot I will tell you. I benefited from myself. That there's certain types of occasions where you can frankly just learn in coating camps Cetera and move forward from that direction. Okay Robert Smith is always good to see you. We appreciate it. We appreciate all the work. You're doing thank you. Thank you for inviting me and continue to get the word out to get the all the best you back next on squad pod. Midwestern restaurant owner Cameron Mitchell on taking the cautious steps of reopening for business. We're expect to reopen and hopefully back to full employment by the end of June or into or July somewhere in that neighborhood. We'll be right back for businesses around the world today isn't a restart it's a rethink. That's why they're partnering with. Ibm retailers are keeping their systems up as millions of orders move online call centers are using IBM Watson to manage an influx of customer questions with AI and solutions built on the IBM cloud are helping doctors care for patients remote. Today we're rethinking. How business moves forward. Let's put smart to work visit. Ibm DOT com slash thing to learn more. Welcome back to squawk pot entrepreneurs all across the country spent years building their businesses. Only to have the coronavirus shut them down. Pretty much overnight. That's what happened to ohio-based restaurant tour Cameron Mitchell and he described dark days when I spoke to him back in March two weeks ago on March third. I was in Washington. Dc by bankers and I expressed them. What a great start to the year we had were up seven percent same store sales record profitability for the first two months of the year. This was March third tomorrow. I believe March nineteenth. We will be completely shut down I laid off forty two hundred people. Mitchell is the founder and CEO of Cameron Mitchell restaurants. Thirty seven of his restaurants nationwide close in March but now select locations across twelve states and DC or beginning to reopen that includes cities like Tampa Orlando Denver. Phoenix Dallas Seymour has also reopened sixteen of its specialty restaurants all located in Columbus Ohio and with pretty significant requirements to ensure safety and social distancing and. It doesn't come cheap. Here's Becky quick. How have things been going for your camera? And what? Where do things stand with your restaurants at this point? Well I think I was using analogy that. It's we were in a major traffic accident in. The company was in trauma and in a coma for the past few months. And we're just now are beginning to come out of that coma. We opened up about two thirds of our restaurants here last night and over the next week here across America. And it's a were we. I think we're going to survive but it's going to be a while before we get to the hospital. Let's talk about how you did that because I know it's very difficult for a restaurant to reopen. Once a shutdown once the employees are gone once. There's no food there you have to go back and re clean things. How did you get the money for that? And how many people are actually working now? I'll tell you the PGA money which we received in our case worked exactly as it was supposed to help give us the safety nets and the ability to help get US reopen And so we've hired back. Currently about fifty percent of our workforce those will get up to full employment levels as we continue to open restaurants. Were still waiting guidance. In the major metropolitan areas L. A. Chicago New York Boston DC Etcetera. But we're getting there and we expect those restaurants to be open and hopefully back to full employment by the end of June or into Or End of July somewhere in that neighborhood. But I we're working.
Robert Smith, Vista Equity Partners; PPP & Minority-Owned Businesses
"For businesses around the world today isn't a restart it's a rethink that's why they're partnering with. Ibm retailers are keeping their systems up as millions of orders move online. Paul centers are using IBM Watson to manage an influx of customer questions with a I and solutions built on the IBM cloud are helping doctors care for patients remotely today. We're rethinking how business moves forward. Let's put smart work visit. Ibm DOT com slash thing to learn more this squad pod? I'm CNBC producer. Katie Kramer Today on our podcast private equity giant and richest African American billionaire Robert Smith on getting loans to entrepreneurs or capital is be driven. Frankly into this small businesses hands in probably give them a little more flexibility in terms of hobbies and and how to leverage technology for digital future. But I think we should think about what are the most effective ways for us to educate our population to drive forward into you know into the teacher of opportunity plus when reopening is on the Menu Cameron Mitchell restaurants founder and CEO laid off thousands of workers. Now he's opening doors again. I think we're going to survive but it's GonNa be a while before we get the hospital. It's Monday may twenty Fifth Happy Memorial Day squad. Pat Begins Right now Robert. F Smith is the founder Chairman and CEO of Vista Equity which has fifty seven billion dollars in investment capital. Vista is the fifth largest enterprise software company in the world as well and overseas more than sixty portfolio companies that employ more than seventy thousand people around the world. Smith is also the first African American to sign the giving pledge and he was recently awarded the Carnegie Medal of Philanthropy. He's on many lists as the wealthiest black American and lately. He's been working directly with the White House on the roll out of the paycheck protection program and how to get the loans in the hands of the most in need especially minority owned business. Pp was designed to rescue mainstream. According to the small business administration more than four million loans have been approved so far totaling more than five hundred billion dollars. Here's Andrew Ross Sorkin with billionaire businessman and Philanthropist Robert F Smith. You had worked with the White House on this program and so I just ask you to start by giving it a grade. Do you believe the money's getting where it needs to go. You know be first Tron of the P P P I think was challenge to get to the the small businesses small medium businesses a second charter for being a lot more effective But one of the things we discovered. Angela's US not discussed is that there is a frankly banking desert's in a lot of the communities about seventy percent of the African American community. Actually don't have a branch bank and so we've been working with a they treasury you know senator Sector MNUCHIN and Senator Schumer in Pelosi Dachsie work on building capacity and what I saw the capillary banking systems which are the community development financial institutions and a minority depository institutions building out the Pasadena to get these dollars into the hands of these small businesses which are essential to our communities so what are those capillary banks. Look like who you to right. If you are a small business owner this morning listening to you this morning. Where did you go go? Go to get that money then. So there's a bad a little over a thousand of these days. Cdfi's and the India is and these banks typically are in the communities there mainly in what we call targeted communities Unfortunately a lot of the larger banks don't bank those organizations those businesses any longer and is about ninety four percent or so of the African American businesses are so proprietorships and don't have banking relationships. And so what we've been doing is is enabling. Technically enabling got some wonderful teams have been ebeling these businesses they interface with the transit system at the and you can go to number places. There's national bankers dot org goes National Action Network. We've been worked black churches. Our Fair share A number of organizations that we've been working with to enable these banks to be able to processed loans and we just probably about ninety billion dollars or so left in the second of AP and I think it's essential if these small urban businesses African American Latin next businesses get Get their share This stimulus capitals of really frankly Repair some of the economic damage that this covert virus
"cameron mitchell restaurants" Discussed on KGO 810
"Has Monday business good morning John investors are hoping for a better week on Wall Street stocks coming off their worst week or last week since the eight financial crisis with the S. and P. five hundred down another fifteen percent for the week alone all gains since president trump was elected have been wiped out now the Dow last Friday fell nine hundred points seventeen percent for the week its biggest one week fall since eight the S. and P. five hundred down almost thirty percent since the beginning of the year lots more states expected to join those with total shutdowns like New Jersey Illinois California and New York asking all nonessential employees and everyone basically to stay home to stop the spread of coronavirus we're battling this pathogen and you know we we need to employ these mitigation steps to try to curtail transmission people want to understand when these current lockdowns restrictions will left and there's been sort of an on off switch here former trump administration FDA commissioner Dr Scott Gottlieb on CNBC this Thursday we find out how many people applied for unemployment benefits for the week forecasts range from two to three million that would be a record number of Americans out of work so quickly and unemployment is heading much worse than the that of the numbers who are infected with rotavirus well lawmakers in Washington are still working on relief packages for Americans have lost their jobs all of Cameron Mitchell restaurants thirty seven properties in fourteen states are close like the ocean prime location sixteen of them and more I laid off forty two hundred people sharks Florida restaurants were still open and we're trying to carry out and so forth but we're since closed Florida restaurants our total of forty five hundred associates as we call them we'll be down to six in the home office that is it Ms our company has been eviscerated the past seventeen days Cameron Mitchell restaurants CEO Cameron Mitchell on CNBC Jessica at thank you twenty three passed with a shortage of protective masks for medical workers U. S. textile companies plan to begin mass producing them correspondent Barbara Cusick has the story under contract with the federal government companies including Hanes brands for the little man American giant will start a production of these protective masks the National Council of textile organizations tells The Washington Post the company's name to begin delivering the masks in the middle of the coming week and to achieve weekly production of ten million masks in about a month's time shortages of masks in parts of the U. S. to force doctors and nurses to reuse gear or make their own from office supplies and barbecue sept twenty four after when American morning continues social distancing toilet paper sharing and retrofitting businesses for covert nineteen response after these messages so are you the type of guy that wants.
"cameron mitchell restaurants" Discussed on KOMO
"Has Monday business good morning John investors are hoping for a better week on Wall Street stocks coming off their worst week or last week since the eight financial crisis with the S. and P. five hundred down another fifteen percent for the week alone all games since president trump was elected have been wiped out now the Dow last Friday fell nine hundred points seventeen percent for the week its biggest one week fall since eight the S. and P. five hundred down almost thirty percent since the beginning of the year lots more states expected to join those with total shutdowns like New Jersey Illinois California and New York asking all nonessential employees and everyone basically to stay home to stop the spread of coronavirus we're battling pathogen and you know we we need to implement these mitigation steps to try to curtail transmission people want to understand when his current lockdowns restrictions will lift and there's been sort of an on off switch here former trump administration FDA commissioner Dr Scott Gottlieb on CNBC this Thursday we find out how many people applied for unemployment benefits for the week forecasts range from two to three million that would be a record number of Americans out of work so quickly and unemployment is getting much worse than the that of the numbers who are infected with coronavirus well lawmakers in Washington are still working on relief packages for Americans have lost their jobs all of Cameron Mitchell restaurants thirty seven properties in fourteen states are close like the ocean prime location sixteen of them and more I laid off forty two hundred people from our Florida restaurants were still open and we're trying to carry out and so forth but we're since closed Florida restaurants our total of forty five hundred associates as we call them we'll be down to six in the home office that is it Ms our company has been eviscerated the past seventeen days Cameron Mitchell restaurants CEO Cameron Mitchell on CNBC Jessica Ettinger thank you twenty three passed with a shortage of protective masks for medical workers U. S. textile companies plan to begin mass producing them correspondent Barbara Cusick has the story under contract with the federal government companies including Hanes brands for the lumen American giant will start a production of these protective masks the National Council of textile organizations tells The Washington Post the company's name to begin delivering the masks in the middle of the coming week and to achieve weekly production of ten million masks in about a month's time shortages of masks in parts of the U. S. to force doctors and nurses to reuse gear or make their own from office supplies and barbecue sept twenty four after when American morning continues social distancing toilet paper sharing and retrofitting businesses for covert nineteen response after these messages so are you the.
"cameron mitchell restaurants" Discussed on KLBJ 590AM
"And P. five hundred down another fifteen percent for the week alone all games since president trump was elected have been wiped out now the Dow last Friday fell nine hundred points seventeen percent for the week its biggest one week fall since eight the S. and P. five hundred down almost thirty percent since the beginning of the year lots more states expected to join those with total shutdowns like New Jersey Illinois California and New York asking all nonessential employees and everyone basically to stay home to stop the spread of coronavirus battling pathogen and you know we we need to employ these mitigation steps to try to curtail transmission people want to understand when these current lockdowns restrictions will listen there's been sort of an on off switch here former trump administration FDA commissioner Dr Scott Gottlieb on CNBC this Thursday we find out how many people applied for unemployment benefits for the week forecasts range from two to three million that would be a record number of Americans out of work so quickly and unemployment is getting much worse than the that of the numbers who are infected with rotavirus well lawmakers in Washington are still working on relief packages for Americans have lost their jobs all of Cameron Mitchell restaurants thirty seven properties in fourteen states are close like the ocean prime location sixteen of them and more I laid off forty two hundred people some work Florida restaurants were still open and we're trying to carry out and so forth but we're since closer Florida restaurants our total of forty five hundred or so she is as we call them we'll be down to six in the home office that is it Ms our company has been eviscerated the past seventeen days Cameron Mitchell restaurants CEO Cameron Mitchell on CNBC Jessica Ettinger thank you twenty three passed with a shortage of protective masks for medical workers U. S. textile companies plan to begin mass producing them correspondent Barbara Cusick has the story under contract with the federal government companies including Hanes brands for the loo and American giant will start a production of these protective masks the National Council of textile organizations tells The Washington Post but the companies aim to begin delivering the masks in the middle of the coming week and to achieve weekly production of ten million masks in about a month's time shortages of masks in parts of the U. S. to force doctors and nurses to reuse gear or make their own from office supplies and barber conceptually for after when American morning continues social distancing toilet paper sharing and retrofitting businesses for covert nineteen response after these messages so are you the type of guy that wants to look put.
"cameron mitchell restaurants" Discussed on WTVN
"Dr Megan Delaney chief pathology and lab medicine at children's national hospital says there's a new test that can do it in ninety minutes we have been able to with our rapid tests identify anybody who was impacted with corona virus very quickly and then remove them from the ability to be with anybody anyone else and potentially causing another infection so I think that the rapid turnaround time is one of the most important things about this test that we have the lady says a test amplifies the genes of the virus the U. S. embassy in Morocco says U. S. citizens of that nation was stranded by travel restrictions will be evacuated by charter flight pope ProPublica's reporting that North Carolina senator Richard Burr sold more than a million and a half dollars in stocks many of the many industries are crippled by the fall out from the novel coronavirus before the markets began to tumble you're listening to ABC news news radio are you more than animals and Wyant as of today there are one hundred and nineteen confirmed cases of covert nineteen in Ohio when governor Mike DeWine is reminding you to practice proper social distancing no no extra connections and and you know what everybody's here and the same thing but it's just sometimes it's hard for us to change our our lifestyle the governor told six ten WTVN Matt McCoy it's a life saving measure to self isolate in order to protect others and congressman Brad Wenstrup agrees he says he the advice of the public health experts we can never measure what we prevented and that's one of the things you know prevention is not sexy in any way because what you're trying to do is lower our numbers the congressman who is a doctor himself says preventing the spread of the disease is critical and you need to abide by the advice of avoiding crowds and practice social distancing Kota is they have suspended fares for their transit customers starting now due to the outbreak but they also are asking other customers to board the bus through the rear doors in our order to practice social distancing they do say though if you need to use the ramp you can do so at the front our service is the backbone of our company we figure out something to do with the man behind Cameron Mitchell restaurants is shocked over the directive to close but he has and I put over four thousand of its employees out of work but Cameron Mitchell told our mark blazer he got an idea on how to help them over your certificates are very very wants to buy gift certificates online through the end of March we'll put all that money into a pool for all of our searches around the country so one hundred percent of all the money will go to help their employees by offering them paychecks essentially while they are out of work he says it's an effort to make sure they have food on their own table food banks in Ohio meanwhile are getting some help from the National Guard during the outbreak over three hundred soldiers will package and deliver meals because of a sharp drop in the number of volunteers at food banks because those volunteers are being told to stay home the soldiers will also build tents for hospitals in order for them to conduct drive it through it testing stations this news a service of legacy retirement group I'm Alison Wyant your A. B. C. six first warning weather forecast in sixty seconds hi I am Brian Greene from the basement Dr we're proud of our thirty three years helping the homeowners of all file with all their basement needs basement or crawl space problems no problem foregrounded.
"cameron mitchell restaurants" Discussed on Squawk Pod
"Get into big exactly somewhere in the vicinity which ten to twenty percent ish kind of Decline and We And we missed that way. You know. We're kicking ourselves from this thing that be That move because You know you and I were talking. When the downturn would come we would encounter this and and so on what So what happened was It didn't come from the usual places that came from Not The usual ways that downturns calm and so when there's when it started to I wanna be started getting information we dealt with the question of Are we going to really trade this We have a system. We'RE NOT GONNA get into pandemics and so on and that was what what has happened. I'M NOT GONNA get into our particular positions however I would say that what I'm describing to you here and now is the thing that we're That that we're following in terms of our strategy and I will Communicate I feel a responsibility to try to Not give tips in the market. Not Do that but a responsibility to thoughtfully. Can they how the economic machine works? I I do that on Lincoln in if people are interested. I but I want to explain the mechanics of that and then put where we are right now in that position because if you look at history. I'm sitting right now you won't you could say. Okay what are you gonNA do about that rising interest rates? Are you going to come in with and not just that all central bags? Are you going to come in with the trillions of dollars and you going to work with the federal government to get it to those who otherwise will be will go brank broke? That was a businesses. But there's GonNa be a lot of people out there who You know this can be a social issue. A social contract issue too in terms of the rich and the poor. And how the how. It's being treated all radio. Bailouts specific industries. You'll views on that in terms in terms of social issue that you've been talking about for the past several years and the ramifications political ramifications and others Social Issues. That would make come of that. If people see that certain industries are bailed out may bail out the airline industry. But I don't know if anyone's going to the ski ski industry anytime soon. I think the government is in a position in which on. Let's say even during the two thousand eight financial crisis they could handle it more easily and it was very difficult but they handle it more easily. They could go through the banks and protect the banks and protect the money market funds and it was very controversial to protect the banks and so on now. This problem is out is beyond the Banking System. So imagine protecting a bunch of companies of the sort that you're asking about. Do I protect the airlines? Do I protect the ski resort? Do I protect those types of things? There will be many of those that cannot be protected. And it's going to be a politically challenging thing to say. How do I get it to them? And and who is protected? Talk about political controversy. This is going to be politically a very challenging there. Our ability to do this. There are very ability to do it but the question is whether politics We'll deal with this and whether central banks will coordinate well with central governments in order to Them think which are the entities that you would not want to lose it just like you don't WanNa lose the best which are the systemically important entities. Do WanNa lose Boeing or do you not want to lose Boeing. Do you WANNA lose this one or do you not want to lose that. What are the implications? And there's a whole bunch of them and to make those choices. Almost one by one is what's going to be required radio. It is always a privileged to spend time with you went to help our viewers through the way. You're thinking about these things in the economic machine which we've been talking about together now for almost ten years Thank you for joining us this morning. And as this pandemic continues. Hopefully it'll abate. But as it continues. I hope we have an opportunity to talk to you again soon. All the best. Thank you coming up on Squawk pod. A restaurant tour with operations in over a dozen states on the tough choice to put his business to sweep the industry itself employs fifteen point six million people ten percent of the US workforce not to mention probably double that because of all the businesses. We'll be right back this pot. Here's Joe Kernan Ferber Sean. Joe Up on Impute Restaurant Industry that could shed millions of jobs as the corona virus keeps people from going out to eat kate. Rogers joins us now with more Hijo. Good morning with more than twenty states now requiring restaurants to take out or delivery only for customers and shelter in place becoming a reality for some. The restaurant. Industry is already being hard. Hit the National Restaurant Association project. Some two hundred and twenty five billion dollars in sales could be lost over the next three months leading to between five and seven million jobs lost. The group says the restaurant industry employs some fifteen point. Six million people. Nearly half of those workers could be out of job challenger Gray and Christmas estimates. This number could be even higher by their projections. Barn restaurant. Closures could cost or significantly impact at least nine point. Four million jobs new data from blackbox intelligent shows why seventy percent of restaurant say they're seeing traffic declined so far with upscale casual and fine dining restaurants being hardest hit companies are also facing new worries about workers even showing up in the face of spreading virus. Nearly a third of restaurant operators facing staffing challenges ranging from sick employees or those who. Don't come in to avoid being exposed to the virus. The issue guys is sure to continue to grow. While companies large and small lean on delivery systems. They have in place in order to keep afloat. Becky back over to you all right. Thank you very much joining us. Right now is an entrepreneur in the restaurant Industry Cameron Mitchell. Who's the CEO and founder of Cameron Mitchell restaurants? They operate thirty seven properties in fourteen different states and Cameron. Thanks for joining us today. Mark Blurb Rookie Year in the unfortunate position of having to shut down operations rapidly. I believe on Monday. You laid off about four thousand employees. Explain what happened and why well. It's interesting two weeks ago on March third. I was in Washington. Dc to meet with my bankers and I expressed them. What a great start to the year. We were up seven percent. Same store sales record profitability for the first two months of the year. This was march third. Tomorrow I believe March Nineteenth We will be completely shut down. I laid off forty two hundred people on Monday. We kept about three hundred. Some are Florida restaurants. Were Still Open. And we're trying to carry out and so forth But we've since closed our Florida restaurants by Friday Our total of forty five hundred associates as we call them will be down to six in the Home Office We have a couple of HR people and a couple of finance people still around but that that is it and so our company's been completely eviscerated in the past seventeen days. How how much money will you bring in? How much revenue on a monthly basis before this two hundred sixty million dollars company with about forty five hundred people nationwide? We have restaurants coast to coast in L. A. to New York and throughout the country. So you have gone to Congress and ask for some help. I think the restaurant industry overall is looking for a bail out of about four hundred and fifty five billion dollars. People look at them. That's a huge number. Why don't you explain what it takes? Y You are looking for that kind of money and what it would take to get your operations back up and running. We'll think about three points on that one is the industry itself as you highlighted into the segment. Here's employs fifteen point. Six million people ten percent of the US workforce not to mention probably double that because of all the serie businesses farmers grocers are delivery people at Cetera that supporter industry Secondly charities that are industry support across the country which really helped most in need that. We CAN'T SUPPORT WARREN FORWARD SO REALLY. I think it's about twenty percent of the economy in the workforce United States that we can get back to work and a lot of these are primarily. Low income workers that That need the money. You need to get moving. We think about the hotel industry and airline industry. They total up to about four hundred twenty billion dollars and they're very important to our economy and they need the help.
"cameron mitchell restaurants" Discussed on Beyond 8 Figures
"And, and we learned our lessons in making excuses for properties in the LA. It'll be we can work around that and we can work around that. And we try today to really just focus on making sure that McKay is would call trophy locations and that really helps. For successful are, you know. Let me ask you this, because I mean obviously you've you've had a lot of success. Certainly you've been able to put cash in your pocket and cash in the pockets of those who have worked with you for, you know, for as long as they have and been an integral part of your success. What, what, what, what still keeps you up at night, man? What's the what's the struggle? What scares you? Well answered to questions or one is near the cash. I wanna remind everybody, our number one goal is CEO restaurant company is not to make a profit, our number one goes to maintain our culture values. It's we call, it's a fifty one forty nine when I ship, or fifty I wanna be a restaurant company for thirty forty fifty sixty seventy eighty years long after the big restaurant, this guy, and we need to be a values driven organization to do that. Right. So that's our number one goal first and foremost, we won't sacrifice our culture to make profit will leave bell around the table report. We were sacrifice our people our values so. So that's issue number one. So it's not about the prophet. Secondly, you know, as far as keeping me up at night, used to be cash. You know, I. I've been a classic entrepreneur a and, you know, turning two dollars three and you know, trying to figure out how to stretch. We've been laid on our payables for long on time with a lot of vendors over the years and so forth because of our growth. But so today, though, that's really three things that keep me up at night, or one is can't control or relax Nicotrol him, quite frankly. But one of his cybersecurity, we were one of the first companies in two thousand four to get hit by the credit card hackers office about a million six at that point in time. And that was a, a glorious day for me. Because when I really found out about it in the Bank called me and you know, we had a bankruptcy. A are our on Saturday all day long with their bankruptcy tourneys originally going to be twenty five minute causes so long story short, I rolled over, I just wanna make sure I'm Clinton's you saying that people ended up tanked the, the recounts thousand credit cards number stolen information stolen mind through credit card trying to Akers and so In damages would a total originally twenty meat, I was original, I rolled over and played dead. And, and, and, and they have and pretty four we wait may and six. And so at that point, I was relieved because that wasn't a fatal blow. That was something, you know, we could live through by day. So that was actually a good day for me. But so today I worry about new human, great companies target you hear about all I'm gay hacked. And, and we spend quite a bit of money and effort on cybersecurity, to make sure we're safe. So that's that's one we have up. Secondly is today's litigious society, you know anybody can say anything about anybody wanna great HR practice. You know, we, you know, we've been take care of the metoo with since we for twenty five years. It was never heard. And she with us I mean that's worth thing. But, you know, I just worry about these sort of while suitor. God forbid, you know, someone gets killed were restaurants per driving. So those kind of things just happened to Tiger Woods. Right. I mean exactly when you know again, we have insurance that, but we, we worked diligently, to, to create those safe work environments, and making sure that never happens. But you never know that, that the other issue there, then the third one is outside of my hands, and that's today's world and, you know, today's society and so forth, and I just we're a great economy right now and so forth, but you never know. And I've lived through the great recession lists nine eleven and if you're the recessions in heaven of confidence that will kind of get through it, but, you just never know some days in this world will happen. So that's of outside of my control and so forth. So. The word jumping over the microphone there. There's you know, we're running out of time, so I don't wanna go to deep, but I just wanted to make a an analogy to something, my her Disney say to your first comment there when you were talking about more important to protect the culture, then make the money and I remember not remember, but I saw quote of his that said, we don't make movies to make money we make money to make more movies. And it just kind of reminded me a similar thing. Good. You kind of goes into the y you're doing what you're doing. So can we let let's, let's talk about the book, so yes, is the answer was question. Right. So this is this, your first book is this twentieth? Just want to see where you're at in the in the journey of being an author. Yeah. So we did a tabletop book twenty almost twenty years ago, we did, and call the art of the meal is bad day in the life of the restaurant. Businesses arrest report. Goes lost. But and that was a difficult process by the past five years, had a lot of people ragged hundreds of speaking requested year. I get I had I had a lot of people ask me to write a book and, and our twenty fifth anniversary was approaching this is a perfect now segue into that, and the perfect impetus to get me to do it. So, so we did it. And I took fourteen months it was a higher publisher hired you authors. And New York. And you know I really week I went to New York every other week they came here and we, we sat down we off weeks. We at its and so forth in just but if they were great and assistant, it was, it was a really good process in as funny by the end of the right. And I was told this, what happened by, by the time we got, you know, day a week away or two weeks away or three weeks. Way from actually sending the app to, to prance I got super cold feet. I froze up by Larry locked up and Stacey, who my longtime assistant to twenty five years picked up on its yard line. I kind of tossed through the bomb she was in end zone and by froze up and that was the first time in my life, I've really frozen up by any amount Gurry now. Ruining dig deep, but I it was scary in, you know, the review if he begged for three reasons one is a legacy project for people get, you know, what days on the big restaurant, this guy wanted that awkward to my voice. It's two part book story of the Horatio Alger story from high school dropout runaway last week, last building a nice restaurant out base. And then it's a ratio algebra pardon. The other half is better company culture and values and how we put them to work and in how that has created the this restaurant company that I'm so blessed lead today. So, so the so I did it for legacy piece. I did it for to help push our brand forward in their for people to laying and Thirdly, I did it for to share with others. And then people we made a service industry, the restaurant industry. You know, you name it, it's just it's great reading in the feedbacks. Very good has really the ultimate. Enron Gulf News. People like to do so. What was the what was the cold feet? What were you scared of? Well, it's like a tattoo right, big tattoo. It's permanent. You just can't. Hey, gimme all these books Bank take this back. You know, it's, it's permanent scary that didn't want to put something out there. You know, I spent hundreds of thousands of dollars to do it. I didn't want to put something out there that, you know, people wouldn't like or like our asteroid thought of your maniac or what, you know, whatever. I mean. Anyway, feedback feedback eilly one, it was I I love it. I felt like I was right there with you. It's easy read. It was critically motivity. I get lots of letters people say they bought a team. They bought you know, except for and, and that's, that's the thing for me shows, hopefully, other people find value in therefore, I'm happy with it. You know. So are you obviously being in, in a solid position of his point of your career? How how? Often or how likely or how, how open are you to investing in others at this point given the fact that people invested in new to get started? Another great question. So I have a rule Sunday. I've invested in several other startups to kind of pay it forward. And honestly, not any of them have really done anything when we are done very well. So, unfortunately, but on the same token, I have on my desk, here, my fourth or goals, I'm still writing goals go away, and they had tell me one of fourth quarter my career, I'm really into chairman's role written number through chairman in folks on my college is one of the store strategy chief strategy officer, to second is stewardship chief steward of the company and I've done. We're we, we just leading the charge for, we're starting new forty million dollar eighty thousand square foot new stadium near hospitality management school on the state college here, and we're Lee donors for that project was it'd be Mitchell hall on the state schoolhouse time management at Mitchell Hawn, my friends can't joke. You're never academic early. You sit down. You know, we were Opie are budder food hall on a couple of months that we have eight young entrepreneur food people net in our goal, there is to help take than the bricks and mortar eventually in the all the resources of shift partners of ours. Too of cameras restaurants to move forward. I started. I am a young restaurant tour group that lead have six restaurant tours in Columbus near the have, you know, one two, three four restaurants. I mean, we need by monthly for four hours and break bread and has whining and talk shop and my goal there is to help them avoid some of it falls. I did. So, you know, in just work in a more ways to just you know, put it out there and then be that's doer of unity, and in Stewart of our industry and so forth. Two little ancillary to what you do, but it's definitely related. I don't know if you know this or not, but, but I've owned actually liquor dot com. That, that domain since ninety eight loop you ever want to diversify wish to have conversation about liquor, Dr. The line. And you know, maybe there's some very good. Yeah. Yeah, that's, that's a good one for sure. But Yemen, really, really appreciate you sharing so much with us here today is the is the goal then potentially two tags it or break off into pieces off of the current or we just leaving it to the family now. And, and what what's the what is the exit plan from from here forward, you know, I'm not sure I really have one like I said, I really hilly attention to sell obviously would have someone Darden came along, or whatever, but, you know, for the right number, but seems like for t- that would be the Gada rights, you the right to write that check. No, he doesn't pay very well. No. We wouldn't give it away, but, you know, I mean, you think about it three hundred ten me in today, we could be, you know, you know, we could be a billion in next five year or fifteen years. Excuse me. Our goal is to grow, and I've always said, everybody, we, we do a great job. And we grow in worship says, full than, you know, things common, and so, but that's not necessarily intention, and, you know, we'll see, but I'm rate time we're actually getting rain, maybe start getting into attell business. I've always wanted to be in a boutique hotel business. Well, sort of deal. There are net is this in, you know, we'll see where it takes us. But we'll continue to live within our goals and our values for. We're gonna be okay. You see way to chill to be a rough like like any any guys that I've ever seen? I mean just seems to be such a high pressure industry and you seem like such a chill, dude. It's like. Intense. I want to I I'm definitely matured over the years. And I was pretty intense in my younger days, really, which which mountain are we willing to die on? And the answer is no more mountains, right? It's. Yeah. Exactly. Very, very cool. So I help it. Everybody else out taking care of our people taking care of her. Yeah. You'll you'll appreciate this story. Have you been in Columbus here entire life? Is that why you started there in? Yeah. Or raised. Yeah, man. So I is a little aside a little Columbus story. Do you do? You remember Bob Massey. Who led CompuServe, Bob? Yeah. Yeah. So I so we launched on CompuServe's electric mall in nineteen Ninety-three. And so going back quite quite a long way. But I remember when Bob split off CompuServe, and a two pieces, and he's had CompuServe in the wild from CompuServe, and he was trying to capture, you know, a little bit younger anyway, went to the headquarters there. And that's where I mean they were just starting to really blow up in a couple of buildings and just doing really, really well. And I and I sent him an Email and I said. I I'm I'm really concerned that if you split this into two different flagship programs here CompuServe. And then while from CompuServe trying to go after that younger market, you're going to be in danger in tourist. Hell. I mean that's that's, you know writing on the wall. But anyways, just Columbus a great town. And, you know, just so such a great entrepreneurial spirit there, and really again, appreciate you spending so much time with us here on beyond eight figures. If people want more information about you Cameron or obviously can go read the book. Yes, is the answer. What is, you know, what's the question, but any particular place? You want folks.
"cameron mitchell restaurants" Discussed on Beyond 8 Figures
"Born than I did another offering two thousand one we got in trouble we over expanded, and then the nine eleven hit and so forth. And so I didn't other Campbell raise in two thousand one and then we grew on banked in internal cash flow all the way along to we had our sale transaction tonight. I left a few million bucks. Company paid off her debts and, and reporters, and so forth. And in two in two thousand eight we sold, and then I was probably wanting my biggest mistakes, I've made my life. I was very aggressive reading my own press proteins at cetera. I went inside seven big expensive restaurants with twenty million dollar developed price tag on those to open the next eighteen months. Well, along behold, the crash, I left the company with three million dollars on the balance sheet, no debt, and so long beholding head to in two thousand nine door letter capital raised to get ourselves. You know, stabilize now, that whole bits and ended up giving back basically I became my largest, you know, best internet than that deal. And I gave back basically everything I had left. At the markets and put it back into the company. So my original goal taking some chips on the table had failed because I was now my chips were back on the table. So that's last capillaries. We've done, and we'll never have to refine the point now where we, we can grow pay for all growth with her own capital to Barnard. I'm again, and we pay prints phone interest, pair debts down and appear partners. So it's a good feeling today, but take me twenty five years to get there. So quick question as far as the, the exit goes. And just the general structure is concerned do you do you only lease your properties, or do you do you have a separate entity that buys a real estate, and then leases to Cameron Mitchell? And that sort of what, what's your MO around that, what's that question, a lot in our business, you know, we're not doing out parcels mall where we can buy a personal ground. Put a restaurant there were, you know in Manhattan, we got two million square foot office building on top of us. I couldn't buy that real estate wildest dreams. And so we're in big developments around the country, for the most part. And so all of our deals are least deals or in that, you know, that we wouldn't buy a real estate, just in our type of business are type of restaurants, for deals, present them. So pretty few and far between I'm much more interested in a great location, integrate least y'all trope. It's going to be there for forty years that I can never. On my own. Boston is perfect example, that where just appropriately multigenerational site unit for forty years. I could never bought that property, but I'm more than happy leases for four years. And so, to that end as far as valuations, concerned how, how do you get to ninety two million dollar number on on that exit? Is that what is that based off of that was for that particular those particular restaurants was about? They did about ninety million volume. They had eight point nine million of, of, of EBA, and so it's ten point three. It's a multiple. I got that deal for me. In. And at that point, you were fifty fifty then with the original partner group because it sounds like there was a lot of roll up of the LLC's, and it gets a little convoluted. I would think with all those different restaurants in the concepts. And so on. Sue being dollars in debt. I gave I'll just to break down at waterfall for me that and I you know, we'd have to two million fees to get the deal done of ninety thirty million that, that sixty and then I had left three in cash on the on the balance sheet, Nick company, it's fifty seven, and then I had I gave me the management team got ten percent of the purchase price, extent, forty or so. And in we had to pay off, we are trailing bills and so forth. We don't purchase and so forth. Long story. Short. They win distributing forty million dollars to our partners on that deal, the ratio what they on the on the, you know, ten percents. They got four million dollars on one percents, or hurt though. So. Argos or so going back to the very beginning. Because you say you have five thousand associates right now and outside of your partners or slash investors, who was a critical higher or someone who maybe has been with you the whole time we're really influenced you or had your back while you were beginning. Well, we pride ourselves in much restaurants. Every very, very low turnover. I mean, our average executive teams here leadership team member. We have ten fifteen and Billy coming twenty years. So Dave Miller present chief operating officer started the GM third restaurant and the twenty three years now Stacy content who was really, I call her. She was associate number or two. I was a one she's just retiring this year. So after twenty six years, and when she uses day one, and then my side and so there's just a lot of people, but. You know, there's a lot of good people to come along the way to join the ranks, we've got tremendous stories. I save someone I'll have to look to their writer Luxuria left and was organization, and you'll see some of the doubled tripled quadrupled or salaries since they started up ladder eighty five percent of our people we promote within. So we don't really outside. I very often. I was going to ask when you have different concepts, and they're in different locations, all across the country. How did you create the culture that? Kind of transition to all the different restaurants as you expand them in are there different cultures. It's all same company culture, and we, we measure their culture twice a year. We do recall socio being survey twice a year. And the culture to me is, it's the mortar to holds bricks together, it's most important and in the early days, like we really fast to no one, we didn't have enough people on board to open all these restaurants. So we opened a couple of restaurants early with a whole outside higher man's, which even and that was a disaster. You know, these folks, we thought we could train we're culture nickel learned. While weeks, we open the restaurant, as we find it has just simply not the case. So today, we won't open a restaurant, no matter where it is with about without say, we have eight people on the man's Petit, we would have six or seven of those people would be promoted within might hire one or two logo people, but Gerald. We, we stocked that Opie manage would see with our internal people in, in our opening allied teams role in general people and, and they, and we inculcate culture, mealy from they want Morientes, which I do personally for every new restaurant across the country, and in talking about our culture. We said that stage from the very moment they stood for the door, then so today like our last associated being survey of enough note is that, you know, seven out of our top ten restaurants are bottom restaurants, for might be eighty nine or tapper for might be ninety five you know, in fourteen culture, questions, we ask, but seven of the top ten we're all out of ten restaurants. So we got to the point where it doesn't matter. Whether in January cultures alive awhile threat organization. The point. We'll take it. And of course, he expansion, right? I mean having a one if you're a sole operator a sole proprietor with one location. I mean, that's you know, and, and I'm from Chicago. So very familiar with rich Melman and lettuce. And, you know, when you look at some concepts like Bob chins, you know, I mean, the forty million dollar restaurant crab house it, so it can it can happen where you have this one amazing facility, but. What? Oh, yeah. Few and far between once you start expanding. And then especially as you start moving into other locations. There's there are the operators where I get it you promote from within. But was there a key hire that helped you from from an operational standpoint, not in turn, because again, what it takes to open? A second restaurant, is very different in terms of a skill set of a GM versus someone who has actually worked in, in on a multinational type of corporation, where there are various locations, a spread out. Right. So what was there? Was there a key higher on that side of came from outside of the restaurant industry would just purely came everybody came from with them? Yeah. Like, for instance, our senior vice president operates, sous-chef is with our third restaurant, our, our senior VP historic player virtual, or I do or executive chef or third restaurant one board. And so. Everybody on our, our leadership team is home run. I mean, with the exception of our, our VP and general counsel, you know, we have attorneys and company per se. But he's been outside jury past twelve years now. He's inside. So even with on board. We've got this relationship with so no. It some you know word restaurant built by people for its people. And I, you know, I gave our team five million dollars out of the sale transaction in two or ninety eight I just gave her your team two and a half million dollars for fun for twenty five year verse rereading. I did with his two five hundred somewhere and, and, you know, it's just are people, you know, we, we have a say here, we want this to be lashed job, you ever have is, you know, people like for fears hundreds of CMO, marriages and understand where babies. This has been one of your favorite interviews, so far. We're, we're certainly open. I mean, if you're, if you're writing checks, just you get some extra cash, you want to kick around just from around that, that, that, that'll help keep our morale nights, we're okay with that promote your book. Yeah. We'll promote your book to write which we'll talk about here in a second, but yeah, exactly Ritchie. Where are you going to say, I was just going to kind of piggyback on your expansion? I'm curious when you look at the locations, I can understand New York, and you understand Chicago, Florida, all that. What do you look for in a city partially selfish, because I would love to see her to what, what do you look for in a city in what makes you expand to that city? Well that's a question we don't necessarily grow geographically speaking. No. Some restaurant companies found expansion plans and target to kinda grow outs from within outside keep the larger circle, you know. Five six years ago, we decided we wanna make ocean crime national brands so, you know, you can't be a national brand of you're near York. If you're not in California L, so we had concerted effort to find locations in the cities. But we we're listening to major cities. We just open in Chicago, you know, at the corner of Michigan Wacker. We spent five years. You're the apple stores across the street from us there, you know, I mean, it's we spent five years looking for we call trophy locations that are become generational sites that won't be available for another generation or two. And if you can do.
"cameron mitchell restaurants" Discussed on Masters in Business
"Podcast. I have a special guest. His name is Cameron Mitchell. He is the author of a new book about his career in the restaurant industry. And he also happens to be the founder and CEO and soon to be chairman of Cameron Mitchell restaurant group, I found our conversation quite fascinating. If you're interested in the restaurant industry, and what it's like to develop a restaurant concept and expanded from one restaurant to many across the country. They have five thousand employees and the restaurants of a variety of different names. Probably best known as ocean prime generate over three hundred million dollars a year in revenue you'll find this to be a fascinating conversation. So with no further ado my conversation with Cameron Mitchell. My special guest today is Cameron Mitchell. He is the founder of the Cameron Mitchell restaurant group now twenty five years old and employing five thousand people in sixty restaurants across the country camera Mitchell restaurant group generates over three hundred million dollars in annual sales. Mr Mitchell was named entrepreneur of the year by Ernst and young as well as small business person of the year by the US SPA. He was also named to fifty new tastes makers by the nation's restaurant, news magazine, and he is the author most recently of yes is the answer. How faith in people and culture of hospitality built a modern American restaurant company Cameron Mitchell? Welcome to Bloomberg. Thank you, very pleasure to be here. So let's let's discuss a little bit about your background. You didn't seem when you're growing up like somebody who's gonna fight. Find his way into a chef's toque. How did you get interested in restaurants and cooking, it doesn't appear the something you were very passionate about as a child? Now. I depends how far back you want to go, but I had a troubled childhood into troubled youth in struggle in high school and ran away from home and dropped at a high school when I was fifteen and my folks were divorced, and my mom didn't have any money. And so when I came back what have been my junior year, I didn't have any money for lunch money, and she couldn't give me lunch money, and I need to work I need to get a job. And so I got a job in nineteen eighty s a local local steakhouse washing dishes for two sixty five an hour and did that and bus tables and prepped a little bit through my junior and senior year in high school. That's how I found my entree into the restaurant business. So let's talk about that. Because you describing you book so to being a terrible employees constantly being. Late. You a suspended you went on thirty days notice, and you describe an opinion where you realize, hey, this restaurant thing is really interesting. What explain what that moment was like, and how it changed her whole life. Well, I was just turned nineteen of the time. I've been out of high school for about a year, and I was living at home with mom working for beer money, working for the man, not boy, but not yet a man and just really squandering, and I was working two jobs in the restaurant business, and I had trouble getting to work on time in the morning and got on three day suspension in thirty days probation, so midway through that probationary period. And I'm just trying to fair what I wanna do in my life, and then I just have been struggling. And so I wanna go right after college because I don't want to go to college not knowing what I wanna do. So I have a suspended for three days on thirty days probation, enduring the middle that probate. Periods of Friday afternoon, and it was during shift change, and I was working AM cook that day in a PM host at the same restaurant, double shifts. Yes, in that restaurant was very busy restaurant would probably two thousand people that day between lunch and dinner and four o'clock in the afternoon shift change, the restaurant, the the restaurants half-full the bars packed with happy hour, the AM shift or trying to leave the PM shifts trying to come on managers. Burkey orders kind of pandemonium and a kitchen and time froze, I looked across the line in the kitchen, and I said, I absolutely love this..
"cameron mitchell restaurants" Discussed on Bloomberg Radio New York
"Group and help them build their operations. Why did you get fired? Well, I was. After four six restaurants. There's they have sex restaurants wealthy group. Guys, and they have. Who is my boss? He was a real micromanager. And I was getting frustrated I hit my head on the ceiling. Numbers. Company. In fact, I decided I was bound company and. That was my plan. I was just going to work there for six months. Save some money and has gone on my own. My boss found out about it. And he couldn't have as number two guy with I you know, looking outside and wanted to focus on their business. Call me officers time for your and he said, it's never happened here life, and it was more pretty concerned whether anything, but he was right. There was time for me to go. And so if I went. Well, the this fits into my next question, which is you don't want your employees to go, and you've got one of the highest retention rates in an industry that is pretty well known for high turnover the hospitality. Well in our business associates come first. Restaurants, built by its people four people, and we have almost five thousand associates in the company, and they are many people are building their fares and business five ten fifteen twenty twenty five years, and they love the company it's like family to them. All right. If it's like family to them, you also had some run ins with the family because I understand that you expanded to fast at one point. And you also sold a part of the business. Tell us how can go to your head. Well, when I sold I sold the twenty two of our restaurants and. Chris steakhouse, I less. Oh terrorists that they decided I was going to rape Bill. The those restaurants the next door three years, which what took me ten years to build. And I forgot how it was. I signed says then came the crash in two thousand eight to almost ran the company off a cliff. I always say took some prayed lousy entrepreneuring together. Took some really great times raring to get us out of that mess. What do you want people to take away from the book? Yes is the answer. What is the question? Well, I think the story of our trials and tribulations. In the effects of a culture based on people has our business. It's been it's got us through thick and all the years. It's been the Bank phone company. And I think it's something I wanna share in wanna share. Everybody out there building a service business or business or wants to see a good entrepreneurial story into making. So that's why. People can take away from it. And just finally tell us about learning from your mistakes, you mentioned the the sale of some of the restaurants and digging on outside investors. I think in terms of Larry for mistakes. Twice over. Fast to faster pace where people too fast paced for resources and time. So I lost. So today where much more cautious? Fortunately, a bigger compete today. We can grow without any that. But underrun steam, and so much more masonic and much more thoughtful about our expansion state than we have in the past. Thanks very much for being with us and sharing your thoughts and your experience Cameron Mitchell is the chief executive of Cameron Mitchell restaurants, and he is the author of the new book entitled. Yes is the answer. What is the.
"cameron mitchell restaurants" Discussed on WTVN
"That's. Being kept out of you from us along with OSU's, investigators now relates. To two incidents from. Twenty fifteen involving now fired assistant coach Jack Smith, and his ex wife Courtney records we have obtained show the Pao. Police went out to her home on reports of domestic violence but no charges were filed there was no, arrest so the, police chief, told us he cannot share the details of what officers found now. ESPN says the chief is telling OS Hughes investigative, team basically the same thing, what a President Trump's earliest. Supporters in congress is fighting insider trading charges today as Democrats call for his resignation following his arrest or your congressman Chris Collins promised to clear his, name and, remain on the ballot for re-election. In November I look forward to being fully vindicated and exonerated congressman Collins is out on bail, after his arrest yesterday prosecutors. Say Collins and his. Family used inside information from the Australian biotech company in in age immuno therapeutics to. Dodge hundreds of thousands of dollars in losses No deal yet for President Trump, to, sit, down with special counsel. Robert Muller's investigators ABC news. White House correspondent Jonathan Karl tells us presidents lawyers have responded, to potential questions for Trump. Submitted by Muller's team. Though what the legal team has said in response to this is that they are not inclined to have the, president answer any questions on obstruction. Of Justice and also that he is not inclined to do in person questions he wants. To do written questions on what the legal team. Is calling appropriate written answers to appropriate questions fewer. Americans, are seeking first time unemployment benefits Labor Department reported today people who already collecting benefits those grows, by twenty nine thousand though to one point seven six million And the landmark Cameron Mitchell restaurant cap, city diner set to reopen today after being closed, for months according to the diners website the restaurant was. Closed for remodeling and today is the official grand reopening original cap city opened in nineteen Ninety-three on Tanja river. Road in. Grandview and quickly became so popular to other locations were built in Dublin and Ghana I've Ken Stevens..