John C. Metz is founder of RREMC, Ltd. The company consists of four groups - a restaurant group, a hotel group, a healthcare group, and a real estate group. The restaurant group consists of 24 Denny's restaurants and 8 Bennigan's restaurants and has over 1000 employees. The hotel group consists of a Marriott Fairfield and a Hilton. The healthcare group includes 11 properties with 1 SNIF (Skilled Nursing Facility)and 10 ALFs (Assisted Living Facilities) and about 350 employees. The real estate group includes 27 restaurant properties and 8 retail properties.
During this lecture to a class at Cornell University, Metz discusses his background in entrepreneurial activities and shares thoughts on specific qualities to develop to be a successful businessperson.
John Metz received his undergraduate degree and MBA from Cornell University.
Residuals, I'm famous for telling people you got to find residuals. Residuals are like on the real estate, you keep getting rents year after year after year, and they don't go away. So, you'll have residual income. So, I always tell people to focus on residual income, it's a big thing. ...(Full transcript available to logged in subscribers.).
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