Why you don't want ChatGPT writing your business plan: Part 2 🤖 business planning client success common misconceptions pedal Dec 03, 2024

I wrote a recent newsletter about why business plans written by a ghostwriter-for-hire, or AI, or anyone-but-you are a big ‘ol waste of money. To recap - they’re generic and boring and make you look lazy, which is absolutely not the look you need when you’re walking the red carpet of retail leasing, so to speak. 

 

Jennifer Lopez Interview GIF

 

A business plan that doesn’t paint you in the most flattering light is embarrassing, but if that’s not enough to dissuade you from hiring someone to write your plan for you, there’s an even scarier issue with ghostwritten plans: they lack the specific information YOU need to find the right space, negotiate the best deal, and actually plan for successful operations…you know,...

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📍 Merry Pin: A true story of partnership client success partnership pedal retail reality space search Jun 25, 2024


Partnerships of all kinds are tricky, and we learn this fact of life young.

 

My daughter, Alice, went from an S+ to an S on “cooperates well with others” on her third grade report card this past trimester, and when I asked her about it, she said, “that’s because SARAH was my partner!”

 Reality Show Candy GIF by Children's Miracle Network Hospitals

Reality Show Candy GIF by Children's Miracle Network Hospitals

 

By the time we’re starting our own businesses, we’ve experienced challenging partnerships (both professional and romantic) many times over, and we know what qualities to look for in a potential business partner. But opening and running a business throws real challenges at even the most simpatico partnerships, and you know what can REALLY ...

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🥂 District Champagne: A true story of commitment client success lease legal support negotiations pedal May 28, 2024

"What if the right space for me isn’t out there?”

 

This question comes up on many First Location Program consultations, and most of the time, it’s super easy for us to answer. There are dozens of “right” retail spaces on the market at any given time that could work for a business, and, after all, you only need one. When you’ve got super clear real estate criteria, it’s typically pretty easy to find a handful of spaces that could work. Narrowing them down and 🕵️‍♀️ picking the best option is the hard part.

 

But for Pedal Retailer District Champagne, DC’s restrictive liquor license laws cut our options down dramatically. This is the story of how owners McLean and Joseph persevered to loc...

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Salt & Souls: A true story of near perfection ✨ client success pedal startups Apr 30, 2024
   

Just this past weekend, we got to do one of our most favorite parts of our work with brokerage clients...Pedal Last Mile! Months (sometimes many) after the lease is signed, and the buildout is coming to a close, we spend a day with our client helping with the final tasks before opening. We make swag bags, we steam clothes, we assemble shelves, we organize pickles...we do it all!

It was such a pleasure to spend the day with Jenna Morcos as she pushes through the "last mile" to opening day of Salt and Souls, Charlotte's premier halotherapy (salt cave) day spa.

We always have fun, but this time was especially fun since we got to bring our (actually very handy) kids to help.

🛠

In ...

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Punk's Backyard Grill: A true story of Sheila's restaurant 🍽️ leases pedal retail reality small business startups Mar 21, 2023

I am ten years out of a commercial lease, and I am almost out of the hole. My scarlet BK will be removed from the sweater of my credit report in September.

Today, I am committed to helping people make good decisions and get good deals on their leases, because I know what it feels like to have it all go very wrong.

I’ll tell you the whole story of my first child (RIP: Punk’s Backyard Grill 2009 - 2013), another time. But for now, let’s start here...


If my experience were a cocktail, it would have been equal parts severe anxiety, disappointment, luminous pride, absolute ridiculousness, and deep joy. The day-to-day was just those five parts auto-cycling every 12 hours.

Jennifer Coolidge Emotion GIF by HBO


And when I think ab...

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Retailing isn't a thing you "do"...it becomes who you are 🛍️ common misconceptions pedal retail reality small business Jan 24, 2023

I had a stack of books and a daily newspaper during the holiday break, but it was a recent article in The New Yorker that really got me thinking. So you can thank Cal Newport's “The Year in Quiet Quitting: A new generation discovers that it’s hard to balance work with a well lived life" from the December 29th issue for today's naval-gazing newsletter.


Newport argues that like the Boomers and Millennials before them, Gen Z is just taking its generational at-bat of reimagining the balance and intertwining of being a person and needing a job. As an elder millennial approaching my 42nd birthday, I could recognize the generational differences between my parents, my peers, and kids these days.


The Breakfast Club Reaction GIF by Laff

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