Party Rental Owner | Nate Jaehnig @natejaehnig
Party rental business owner. Renting amusements, furniture, arcades. epicpartyteam.com Arizona, USA Joined August 2011-
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The more directors, vp’s, and c-level hires I see in a company doing a couple million a year in top line, the less I see long term success. Keep it flat.
I fully support the podcast police
Awesome custom brand activation we did for a corporate client. Mosaic wall. Goes well beyond Photo Booth
More events from around the Phoenix area! Love December in az!
Another great event set this week! Keep them coming
We did a great outdoor setup for a general session outside in Arizona. What a creative use of space! Rentals like these are amazing
Who can relate? 😩😩😩
My team setting up a massive slide. instagram.com/tv/Cfm3Gr0FExn…
100 Life-Changing Books That You Should Read Before You Die:
This simple habit helped me grow 3 businesses to $200M in revenue. Here’s how it works:
The only remaining stablecoin
6 innocent habits that are keeping you average:
Thinking of buying a business? Read this first:
Next I’m buying Coca-Cola to put the cocaine back in
The extreme antibody reaction from those who fear free speech says it all
By “free speech”, I simply mean that which matches the law. I am against censorship that goes far beyond the law. If people want less free speech, they will ask government to pass laws to that effect. Therefore, going beyond the law is contrary to the will of the people.
“Elon is trying to control how people think. That is our job”. 😂😂😂
An all time classic…… “Rules for Thee and Not for Me”
An all time classic…… “Rules for Thee and Not for Me” https://t.co/rJ29JnbxWQ
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This is Vishen Lakhiani. He teaches people how to be unf*ckwithable. His company makes over $100M a year doing it. Here are 14 of his insights that made me unf*ckwithable (and will do the same for you):
1. Challenge the status quo. F*ck being normal. The status quo is where dreams, creativity & imagination go to die. Yet this is the place where people live by default without mindlessly realizing. When you become a challenger, people don’t walk over you like a dead body.
These portable luxury bathrooms collect a lot of 💩 but also a lot of cash DAILY💰 They aren't like 5-star ⭐️⭐️⭐️⭐️⭐️ casino bathrooms, but… You can rent them for anywhere between $700 and $1,500 a night. (And no, I'm not exaggerating) If you finance them for a 240-month…
To an exciting & inspiring future!
10 seconds or less... That's how long it should take your team to know if they're winning. KPI dashboards should be: 1. Visually engaging: clear and concise 2. Hyper focused: Prioritize your metrics and only focus on the critical KPIs 3. Accessible: display them on screens…
Not all “emerging franchisors” are created equal. Identifying a great emerging brand early and getting A+ territory can often drive asymmetric returns. I see wonderful emerging brands who will be wildly successful and others who have no business franchising. And many in…
As you build a company, you eventually get to the point where 'people' are your instrument of work, not direct work. Your days are filled with coaching, teaching, and managing your team. You will talk to large customer to insights, problems, and opportunities. Visiting vendors…
Best part of Q1 for franchise folks - FDD season! Lot of brands to dig into, especially the emerging brands that will be putting up real franchisee numbers for the first time and updated performance Many emerging brands sell units based on their corporate store performance.…
Just got off the phone with a franchisee of a brand that sold him a bag of lies. He's been in business for 8 months and is having to shut it down. Lost $400k. What could he have done differently to avoided the situation? More research on the front end before signing on the…
Just listened to a founder of a franchisor talk about how great the margins of his business are He totally left out labor from the FDD item 19 P&L… I can understand excluding the owners/managers wages to present an “owners discretionary income” aka how much you can make if…
Insightful thread from @franchisewolf - beware of hype and trendy! Especially in brick & mortar retail where you sign 10-20 year leases.
The franchise industry creates dangerous hype cycles. Over the last 5 years, I’ve seen the cycle repeat itself many times. If you’re evaluating new franchises, don’t fall for it. Here's how it works:
Back in the Spring @DanReese21 and I decided we needed to bring a Milkshake Factory to Ann Arbor, MI Took awhile finding a spot but today we finally executed the lease! Targeted opening Spring 2024 in A+ location with great co-tenants (Check out the AUVs of our neighbor Tous…
Process beasts out there: What is the best way to document & maintain internal processes? -ownership and responsibility at employee level? -documenting system? (Notion, confluence, etc) -best practices for 'getting the ball rolling' and integrating it within a company culture?
Right now, I have 18+ franchisees paying 6% royalty. Some people may look at royalties and think highway robbery... “Why pay 6% when I could build it myself and make more money?!?" Then they see what it buys them…👀 Here’s exactly what you get with a franchise: 👇👇
You can have a losing day but a profitable week. You can have a losing week but a profitable month. You can have a losing month but a profitable year. You can blow up a small account then build a big one. Play the long game.
Stop wasting time doing year-end planning with your leadership team Instead build the box with them for the next 12 months The four pillars are Position People Systems Numbers Work through the year end process by asking the right questions. You should understand the…
Had to fire someone last week. It pretty much always sucks. But - here is some valuable firing advice: Remember the 3 Fs Fair - Don't be an A**Hole Firm - No wishy-washy Final - They will try to get another chance
“I hate Christmas through New Year. All my employees take PTO, and it kills our sales for the last week of the year. I’ve only got four days left in Aspen before my son has to go back to boarding school, and thinking about this is ruining my vacation.” — half the CEOs in America
No wedding on Saturday but we currently have 5 tours lined up, 7 total already for the week. That’s about 70k+ of potential revenue. We’ve had over 10 solid leads come through since Xmas. Engagement season is here. It’s the “off season” but we are just busy in different ways
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