Episode
842 Building a Hospitality and Wellness Empire with Eugene Remm
1:10:57
Published: Wed Aug 28 2019
Description
PLAY MORE CHESS AND LESS CHECKERS. We always make fun of dogs chasing their tails. It’s funny to watch- they spin and spin and spin trying to catch the impossible. They eventually flop onto the ground exhausted. What’s the “tail” you are chasing? You probably think something will change when you finally catch that thing that is just out of reach, but the reality is that it probably won’t. I’ve accomplished so many goals that ultimately left me feeling empty. Stop spinning around reaching for things that won’t ultimately bring you happiness. Instead, focus on the process and the impact you have on others. On today’s episode of The School of Greatness, I talk about figuring out what really matters with a King of New York hospitality: Eugene Remm. Eugene Remm is an entrepreneur and wellness expert whose companies include Catch Hospitality Group (Catch Restaurants, Lexington Brass) and the boxing-inspired group fitness concept Rumble. Forbes Magazine dubbed him one of the “New Kings of New York Hospitality.” Eugene has been able to leverage social media in truly innovative ways by staying ahead of trends and being authentic. He had to learn through failure to be a team player. He now teaches that looking out for the benefit of all benefits you as well. So get ready to learn how to play big and stay humble on Episode 842. Some Questions I Ask: What happened to your nightclubs? (27:00) How do you handle relationships when their investments are lost? (28:00) What was the moment you had the biggest ego slap? (34:30) Why does a nightclub guy think he can start a fitness company? (47:00) How do you attract such high profile investors? (52:00) How do you manage 1000 people? (1:04:00) In This Episode You Will Learn: Why you should focus on the process and not the goal (7:00) Why it’s important to know your limit (21:00) The power of taking accountability for your failures (25:00) Why you need a balance of gut instincts and data (38:00) The three things you need to be successful (40:00) When to lean into a trend and when to go against it (42:00) Why paying people isn’t the number one thing (1:06:00) If you enjoyed this episode, check out the video, show notes and more at http://www.lewishowes.com/842 and follow at instagram.com/lewishowes
Chapters
Rumble is a rapidly growing fitness concept with locations throughout the United States that recently received a minority stake acquisition from Equinox Fitness Clubs.
00:00 - 03:31 (03:31)
Summary
Rumble is a rapidly growing fitness concept with locations throughout the United States that recently received a minority stake acquisition from Equinox Fitness Clubs. In addition to its popular boxing-inspired workout classes, Rumble is rolling out a new boot camp style running concept called Rumble treading this fall.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The belief that financial success equates to happiness is a common misconception.
03:31 - 09:19 (05:48)
Summary
The belief that financial success equates to happiness is a common misconception. People with money, despite the ability to buy material possessions or services, can still struggle and face a weight of responsibility that others may not understand.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The dangers of addiction and how it can lead to a never-ending cycle of seeking happiness, as well as the importance of creating for others who can enjoy the work and potentially benefit from it.
09:19 - 13:28 (04:09)
Summary
The dangers of addiction and how it can lead to a never-ending cycle of seeking happiness, as well as the importance of creating for others who can enjoy the work and potentially benefit from it.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The speaker highlights the significance of constructive criticism for entrepreneurs, reasoning that going from 1 to 14, entrepreneurs risk relying entirely on their instincts and thinking they cannot fail.
13:28 - 16:57 (03:29)
Summary
The speaker highlights the significance of constructive criticism for entrepreneurs, reasoning that going from 1 to 14, entrepreneurs risk relying entirely on their instincts and thinking they cannot fail.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The importance of taking accountability for business success is discussed, highlighting the need for more than blind faith in a percentage game.
16:57 - 19:32 (02:35)
Summary
The importance of taking accountability for business success is discussed, highlighting the need for more than blind faith in a percentage game.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
An investor warns that investing in tech startups is risky and it's best to assume that your money will be lost.
19:32 - 22:25 (02:53)
Summary
An investor warns that investing in tech startups is risky and it's best to assume that your money will be lost.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The speaker suggests that restaurant owners should consider if they are suited for a small or big box restaurant and evaluate their goals before investing.
22:25 - 25:38 (03:13)
Summary
The speaker suggests that restaurant owners should consider if they are suited for a small or big box restaurant and evaluate their goals before investing.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
A former CEO shares how he enjoyed moving his desk to the middle of the office and reconnecting with colleagues.
25:38 - 28:46 (03:08)
Summary
A former CEO shares how he enjoyed moving his desk to the middle of the office and reconnecting with colleagues. He also talks about his passion for connecting large groups of people of different backgrounds in the same room.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The speaker discusses the importance of balancing intuition and data to make informed decisions.
28:46 - 31:20 (02:34)
Summary
The speaker discusses the importance of balancing intuition and data to make informed decisions.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The speaker mentions the high point of group fitness and social media in 2017 and the success of Catch Hospitality Company despite their cost projections.
31:20 - 35:34 (04:14)
Summary
The speaker mentions the high point of group fitness and social media in 2017 and the success of Catch Hospitality Company despite their cost projections.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The founder of Catch discusses the importance of innovation in both the hospitality and fitness industries, using his own experience in both fields as an example.
35:34 - 38:49 (03:15)
Summary
The founder of Catch discusses the importance of innovation in both the hospitality and fitness industries, using his own experience in both fields as an example.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The speaker talks about their difficulty finding a shareable boxing fitness studio in New York City that played hip hop music and wasn't a classical restaurant or nightclub.
38:49 - 42:25 (03:36)
Summary
The speaker talks about their difficulty finding a shareable boxing fitness studio in New York City that played hip hop music and wasn't a classical restaurant or nightclub. They also mention their desire to open a nightclub because they felt people were not given proper service when visiting them.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
In the world of business, individuals often believe they deserve a high percentage of profits due to their successes and connections.
42:25 - 45:34 (03:09)
Summary
In the world of business, individuals often believe they deserve a high percentage of profits due to their successes and connections. However, having a reputation of honesty and a proven track record is necessary for successful business dealings.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
A case study shows that successful businesses started by celebrities are ten times more likely to succeed than those that are not.
45:34 - 48:04 (02:30)
Summary
A case study shows that successful businesses started by celebrities are ten times more likely to succeed than those that are not. The most important factors for success include having a good team, business practices, timing, and capital.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
Successful business people need to develop thick skin when it comes to relationships as burning a relationship and ending a relationship are two very different things.
48:04 - 52:04 (04:00)
Summary
Successful business people need to develop thick skin when it comes to relationships as burning a relationship and ending a relationship are two very different things. It's important to prioritize the end goal and understanding the wants and needs of those around you can help you take care of stakeholders more effectively.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
Scottie Pepin, co-owner of Tao Group Hospitality, discusses the challenges of managing a team of a thousand employees, stressing the importance of playing "more chess and less checkers."
52:04 - 57:39 (05:35)
Summary
Scottie Pepin, co-owner of Tao Group Hospitality, discusses the challenges of managing a team of a thousand employees, stressing the importance of playing "more chess and less checkers."
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The podcast host discusses the importance of continuous growth and listening to people, rather than limiting your network and beliefs.
57:39 - 1:00:58 (03:19)
Summary
The podcast host discusses the importance of continuous growth and listening to people, rather than limiting your network and beliefs. He emphasizes that consistent growth is necessary for long-term success and fulfillment.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The speaker mentions Instagram and Rumble as great examples of creating an experience for people and talks about their plans to innovate the fitness industry by incorporating new technology into new workout experiences.
1:00:58 - 1:05:23 (04:25)
Summary
The speaker mentions Instagram and Rumble as great examples of creating an experience for people and talks about their plans to innovate the fitness industry by incorporating new technology into new workout experiences.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The speaker encourages listeners to share podcast episodes with others who could benefit from the insights and experiences shared by the guests, particularly those who have experienced failures in their career or personal life.
1:05:23 - 1:09:15 (03:52)
Summary
The speaker encourages listeners to share podcast episodes with others who could benefit from the insights and experiences shared by the guests, particularly those who have experienced failures in their career or personal life. He also acknowledges the temptation for those who have achieved success to only focus on their achievements, rather than share their failures and struggles.
Episode842 Building a Hospitality and Wellness Empire with Eugene Remm
PodcastThe School of Greatness
The host asks for feedback on Apple Podcasts and quotes Walt Disney's advice to do what you do so well that people want to see it again and bring their friends.
1:09:15 - 1:10:19 (01:04)
Summary
The host asks for feedback on Apple Podcasts and quotes Walt Disney's advice to do what you do so well that people want to see it again and bring their friends. The host also shares his positive experience at Eugene's restaurant.