From US Immigrant to Billion-Dollar Entrepreneur: Sam Nazarian's Success Blueprint
The Tony Robbins Podcast
Tony Robbins
4.4 • 6.8K Ratings
🗓️ 26 April 2024
⏱️ 57 minutes
🧾️ Download transcript
Summary
In this special 2-PART SERIES, we’re dropping you inside a Tony Robbins Business Mastery seminar. Learn HOW TO BUILD A BRAND, SHOWCASE YOUR X FACTOR, and BRING YOUR UNIQUE PRODUCT or SERVICE to the COMPETITIVE MARKET!
In PART ONE, Tony Robbins sits down for an exclusive one-on-one with SAM NAZARIAN, the visionary entrepreneur behind an empire of hospitality, nightlife, and real estate. Best known for founding SBE Entertainment Group in 2002, Nazarian transformed it into a global powerhouse, boasting an impressive portfolio of hotels, restaurants, nightclubs, and luxury residences. His brainchild, the SLS brand, redefined luxury hospitality with its innovative design and expanded globally under his leadership.
Born into a Persian Jewish family in Tehran, Nazarian's journey from immigrant to business mogul is nothing short of inspiring. Nazarian's remarkable achievements include acquiring iconic properties like the Delano and the Mondrian to merging SBE with hospitality giant AccorHotels, creating SBE | AccorHotels and solidifying his position as a leader in the luxury hospitality sector.
Nazarian’s entrepreneurial spirit and determination is nothing short of inspiring. Don't miss this exclusive opportunity to elevate your business game to new heights and learn how to turn your own dreams into empires!
***
Business Mastery is the world’s premier business training event designed and hosted by the world’s #1 authority on personal growth, business transformation and peak performance – Tony Robbins. This five-day event equips entrepreneurs, business owners and operators with cutting-edge systems, skills and strategies not found anywhere else to create an invincible advantage against competitors. Business Mastery is designed to help participants thrive in any economic climate as they discover critical factors impacting their businesses currently and design an action plan for the next phase of growth, whether they seek more profits or an exit strategy. This includes marketing tips, maximizing a business’ digital presence to get seen and discovered online and how to anticipate and solve the biggest business problems. During this comprehensive program, participants gain the same proprietary tools and methodologies Tony Robbins has used to make more than 70 businesses profitable. They’ll also unlock exclusive growth tips from industry giants from companies like Airbnb, Orangetheory, Shake Shack, SoulCycle, Warby Parker and more. Now available as an immersive virtual event, Tony Robbins’s Business Mastery is drawing even larger crowds and a new generation of business owners.
Learn more about Business Mastery: https://tonyr.co/bm-podcast
SHOW NOTES:
00:33 - Tony's Introduction
03:00 - Sam's Journey to America
05:48 - Sam's Father's Story of the American Dream
06:45 - "Never Look Backwards"
08:30 - Recognizing Opportunities, Filling Voids, and Scaling Up
09:23 - "Turbulence Defines You"
11:30 - Entry into the LA Nightclub Business
12:00 - Seeing Potential Where Others Don't
14:53 - Navigating Economic Challenges
16:20 - Sam's "Secret Sauce" to Success
18:29 - Impact of Design on Customer Experience
19:00 - Creating Memorable Customer Experiences
21:00 - Developing Original Restaurant Brands
22:57 - Knowing When to Sell
24:52 - Audience Question: Scaling Passion into Multiple Restaurants
29:08 - Audience Question: Scaling Multiple Brands in Hospitality
34:30 - Building Company Culture
37:42 - Importance of Removing Toxic Employees
39:18 - Insights from Stanford's Study on Employee Depression
40:45 - C3: Digital Restaurant Company
45:40 - Creating the Future You Want to See
50:30 - Establishing a New Legacy
53:00 - Tony and Sam's Joint Venture in Longevity
57:00 - Tony's Closing Remarks
Tony Robbins is a #1 New York Times best-selling author, entrepreneur, and philanthropist. For more than four and a half decades, millions of people have enjoyed the warmth, humor and dynamic presentation of Mr. Robbins' corporate and personal development events. As the nation's #1 life and business strategist, he's called upon to consult and coach some of the world's finest athletes, entertainers, Fortune 500 CEOs, and even presidents of nations.
Transcript
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| 0:00.0 | When you are an immigrant coming to a country and you're not accepted, either you accept that or you don't. |
| 0:07.0 | And I think for me, it was, I really want to change that and I want to be the leader. 3, 2, 1, |
| 0:17.0 | Role models make it real. |
| 0:19.0 | The role model is somebody you can relate to in some way. |
| 0:21.0 | And so each year I try to bring in a couple of extraordinary |
| 0:24.9 | entrepreneurs, people that have started with nothing |
| 0:28.1 | and people who built something that's extraordinary. |
| 0:31.1 | And there are certain qualities that do that, and especially if you've done it over the last 10 15 20 years |
| 0:37.0 | Because we've experienced the 2008 the world financial crisis we've experienced COVID |
| 0:41.8 | So if you did well in business during this time, |
| 0:44.8 | it's a lot different than when everything's just flowing so easily. |
| 0:47.8 | So I'm gonna introduce you to two entrepreneurs |
| 0:50.2 | that are dear friends of mine who are just brilliant but they're also super |
| 0:53.8 | humble you'd never know who they are and this one things I respect about them but |
| 0:58.1 | they always over deliver for their clients and the first person is a gentleman who has been an entrepreneur of basically his whole life. |
| 1:05.9 | He didn't have to be. |
| 1:07.8 | We'll talk about this a little bit when he comes up here, but his family comes to |
| 1:10.9 | some I ran, they lost everything. |
| 1:13.0 | But his father was an amazing entrepreneur as well. |
| 1:15.0 | And literally, it's philanthropist, extraordinary investor, |
| 1:19.0 | businessperson, and self-made billionaires starting |
| 1:22.0 | over from scratch again here in the United States. |
... |
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