Eugene Remm, an entrepreneur and wellness expert behind Catch Hospitality Group and Rumble, dives into his transformative journey in hospitality and fitness. He emphasizes the importance of authenticity in branding and the need for teamwork over individualism. Remm reflects on the misconception that financial success equates to happiness, advocating for meaningful connections instead. He also shares insights on navigating investor relationships, the challenges of the hospitality sector, and the significance of personal growth and humility in achieving lasting success.
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insights INSIGHT
Accountability and Strategy
Take accountability for failures, even if others were involved in the execution.
Hope is not a strategy; base decisions on data and planning.
question_answer ANECDOTE
Twelve Million Dollar Loss
Eugene Remm experienced a $12 million loss in a failed business venture.
He emphasizes the importance of honest conversations with investors in such situations.
volunteer_activism ADVICE
Choosing Partners
Choose investors and partners wisely.
Only enter businesses when you are 100% sure, understanding there's still a 50% chance of failure.
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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
The School of Greatness 