Michael Chernow
π€ SpeakerAppearances Over Time
Podcast Appearances
And I'm like, Dan, the business is worth like 25 million.
These guys want the business.
They want to spread these across the country, man.
They want us to say yes to the deal.
And it's the same guys that did Shake Shack, David Swinghammer and Ken Fox from Stripes Group.
Anyway, couldn't convince them.
I knew that that was my cue to like go create again because that just didn't make sense to me.
I was like, dude, in three and a half years, you will have turned 20,000 into 10 million personally.
Come on.
I'm building it to sell it.
I know now at this point in my career...
that I really, really love community, culture, brand, creativity, connecting.
And I think those are at their peak within the first 10 years of building a business.
And I could be wrong, but from my experience, specifically in the world of restaurants, what I saw was I went from one restaurant to six restaurants and sold a bunch of equity.
I went from six restaurants to 13 restaurants.
And what I learned was my role as the founder, CEO of the company was real estate deals, managing construction crews,
and leading management meetings.
That was the brunt of my job.
Leadership meetings, managing construction crews, and doing real estate deals, dealing with landlords essentially.
And I was like, that's not what I signed up for.