What becomes more difficult as a business matures?

Most people focus on getting started. They think about opening a business, launching a concept, or getting the first customers through the door. Those are important milestones, but they are only the beginning.

In this episode, I sit down with Terence Tubridy, founder and CEO of IGC Hospitality, to discuss what it takes to build businesses that remain relevant over long periods of time.

Terence has helped create and operate hospitality concepts across New York, including Park Avenue Tavern, Refinery Rooftop, Parker & Quinn, and The Rockaway Hotel. Our conversation focuses on what happens after the opening, when markets shift, customer expectations change, and operators have to continue adapting.

Topics discussed include:

• Building hospitality businesses that last

• The relationship between hospitality and real estate

• Why understanding people matters more than trends

• The importance of landlord relationships

• Long-term operating strategy versus short-term success

• The role of patience in building durable businesses

One observation stood out throughout the conversation. Opening a business and sustaining a business require different skills. The factors that help create momentum early are not always the same factors that create longevity.

That applies to hospitality, real estate, and business generally.

What are you doing today that will still make sense for your business ten years from now?

#StartWithTheCloseInMind #DefenderOfTheDeal #BusinessExecution #Hospitality #CommercialRealEstate #Leadership