#197 Steven Marks: Guzman y Gomez

The Mentor with Mark Bouris

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4y ago 58:44

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When Steven Marks landed a job as a hedge fund manager at a top Wall Street hedge fund at just 23 years old, he thought he had it made. But by 30, he was burnt out and ready for a fresh start, so he booked a one-way ticket to Australia with a dream of starting his own business. 17 years on, he’s the co-founder and CEO of Guzman y Gomez, the Mexican casual-dining chain that had its origins here in Australia.

Since starting the business back in 2006 in Sydney, it’s expanded across Australia, Singapore and Japan, with plans for expansion into the US this year.I ask Steven how he transformed Guzman y Gomez from a loss-making fast food chain to a $300 million empire, how he managed to keep the drive to open new restaurants when he was losing money, and why good company culture and team rapport is so important to the success of the business.

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