
Founders' Forum
Great business stories and great people come together on Marc Bernstein’s Founders’ Forum! Marc Bernstein sits down with business founders across the country to discuss their lives, successes, lessons, and their vision for the future. It’s all about the success they’ve earned and the lessons they’ve learned along the way. These are American success stories and they’re not done yet!
Your Host, Marc Bernstein
Marc Bernstein is an entrepreneur, author, and consultant. He helps high performing entrepreneurs and business owners create a vision for the future, accomplish their business and personal goals, financial and otherwise, and on helping them to see through on their intentions. Marc recently co-founded March, a forward-looking company with a unique approach to wealth management. He captured his philosophy in his #1 Amazon Bestseller, The Fiscal Therapy Solution 1.0. Marc is also the founder of the Forward Focus Forum, a suite of resources tailored specifically to educate and connect high performing entrepreneurs, and helping them realize their vision of true financial independence. Find out more about Marc and connect with him at marcjbernstein.com.
Are you a visionary founder with a compelling success story that deserves to be shared with our audience? We're on the lookout for accomplished business leaders like you to be featured on the Founders' Forum Radio Show and Podcast. If you've surmounted challenges, reached significant milestones, or have an exciting vision for the future, we'd be honored to have you as a guest on our show. Your experiences and insights can inspire and enlighten others in the business world. If you're eager to share your journey and the invaluable lessons you've learned along the way, we invite you to apply here. Connect with us, and let's discuss the possibility of featuring you in an upcoming episode. Join us in celebrating your success and contributing to the legacy of the Founders' Forum!
Founders' Forum
The Leadership Ladder: Bobby Keyes' Ascend from Humble Beginnings to Entrepreneurship
Have you ever wondered how a humble beginning can lead to executive success? Join us for a thought-provoking conversation with Bobby Keyes, the architect behind Elite Salons and Suites. Born and raised in North Philadelphia, Bobby’s journey to success is one of inspiration and determination. His career path saw him rise up the ranks at Enterprise Holdings to become Vice President, and General Manager, before he took the bold plunge into entrepreneurship. Bobby lays it all out for us, sharing how he fostered his entrepreneurial spirit, navigated the transition from retirement to owning a business, and empowered numerous beauty professionals to reach their dreams along the way.
Bobby doesn't just stop at sharing his own success story. He talks about the evolution of Elite Salons and Suites, explaining how he took a blank canvas in Pennsylvania and New Jersey and transformed it into a thriving business model. Bobby's vision for growth is inspiring. He’s set his sights on expanding the successful venture to 20 locations by 2026, built on the solid foundation of customer service and magnificently designed spaces. If that isn't enough to pique your interest, Bobby's discussion on the importance of customer service in building a strong business model definitely will!
This episode is not just about business and entrepreneurship. It’s also about leadership, responsibility, and giving back. Drawing from the wisdom of Winston Churchill and current events like the war in Israel, Bobby talks about the challenges leaders face during turbulent times. He also sheds light on his role in the community and the importance of giving back, emphasizing the pivotal role entrepreneurs play in their communities. From executive success to community service, join us for an enlightening conversation with Bobby Keyes that will leave you filled with insights and inspiration.
About Bobby Keyes:
Bobby Keyes is the founder and CEO of ELITE Salons & Suites. He is the retired executive with Enterprise Holdings. Bobby spent 33 years with EHI, with the last 15 as the VP/GM in the Philadelphia Region. He founded ELITE Salons & Suites in 2019, which now has 10 locations throughout Southeast Pennsylvania and New Jersey.
Connect with Bobby:
Website elitesalonsandsuites.com
LinkedIn linkedin.com/in/keyesrobert
Instagram instagram.com/elitesalonssuites
Facebook facebook.com/elitesalonsuites
This episode is brought to you by ELITE Salons & Suites, a premier independent provider of custom luxurious salon suites. Go to elitesalonsandsuites.com to learn more.
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Entrepreneur, author and financial consultant, Marc Bernstein helps high-performing entrepreneurial business owners create a vision for the future and follow through on their goals and intentions. Ang Onorato is a business growth strategist who blend psychology and business together to create conscious leaders and business owners who impact the world. Founders Forum is a radio show podcast sharing the real stories behind entrepreneurship as founders discover more about themselves, while providing valuable lessons and some fun and entertainment for you. Now here's Marc and Ang.
Marc Bernstein:Good morning America. It's Marc Bernstein. Unfortunately, Ang is not with us today. She has unfortunately had a death in the family and she's attending a funeral right now. You know, I'd like to start off the show bright and sunny. It is a beautiful day in Philadelphia today. It's perfect weather in October. The Phillies are playing the night. They're going to beat the Atlanta Braves, right, bobby? Absolutely Tonight. And we've got the Eagles are going strong.
Marc Bernstein:There's all kinds of good things, but at the same time and I don't like to bring up politics, negatives, religion, any of that kind of stuff on the show we want to be an upbeat show about the stories of our founders. However, we have this war going on in Israel right now and there are all kinds of atrocities going on, a lot of human disasters. It's really an unfortunate thing and I feel like I can't just let that go, that we have to talk about it. So, bobby and I have talked about it a little bit and what it presents are great challenges in leadership, and we think that's relevant to the show, because that's what you need to do in business. You've got to roll with the punches whatever happens, right, bobby?
Bobby Keyes:Absolutely, and, Marc and number one, thank you for having me on the program, really looking forward to that yes, and I will formally introduce you in a minute or two. But when you think about the 1200 plus men, women and children that have been killed in these last few days, it really does tug on the heartstrings and really does bring about the bigger issues and challenges that we have getting through our day to day lives, whether it's here in America or abroad.
Marc Bernstein:Right, and there's dark and light in the world and there always has been that way and it's always going to be that way. So we try to emphasize the light with entrepreneurs. We try to focus on the positives, but we have to deal with the underbelly as well. So I'm going to I have a couple of quotes from someone we both agree is one of the greatest leaders probably ever in the world, Winston Churchill, and there's one that I just want to quote. We won't discuss this one too much, but it's a great one that I came across. The empires of the future are empires of the mind, and I love that because I think it's all about. Everything starts with creation, and creation starts could start in the soul, but definitely starts in the mind, and that's what entrepreneurs do. That's your business is a great example that we're going to talk about that how you came across your business. But the other one that I think is really relevant and where did it go? It just lost it. Here you go.
Marc Bernstein:Courage is what it takes to stand up and speak. Courage is also what it takes to sit down and listen. From Winston Churchill. So there's a lot of people, especially with you know this polarized world that we're in, want to look at the war and take a side, and you know, there's no question that Israel was attacked, there's no question that they are a victim in this situation, but now they're attacking back and there's going to be a lot to be said about that. And you know, I think it's just as important, obviously, to lead, but also to listen and to understand what's going on and to lead with with sensibilities. What's your take on that?
Bobby Keyes:I think, when you look at the highest form of leadership and this is one of those areas that Prime Minister Netanyahu is dealing with he's dealing with life and death.
Bobby Keyes:As business leaders, we typically were selling a product, we're building careers, we're empowering people, and so that's what I think. When you, when you think about your quote from Winston Churchill, our very best leaders are great listeners To me. Our best leaders surround themselves with really smart people that aren't afraid to give their input, and at its highest form, leaders have to make tough decisions and have tough conversations, and right now, that's taking place in Israel, and I don't envy the Prime Minister for what he's dealing with. And in our lives we've been around a while. We've seen some things that have been pretty challenging, whether it was 9-11, just 22 short years ago, and then all the way to the great recession, and how we have to really gather our information, listen to our network and formulate the decisions that serve the business well, in this case, a country well, and the men and women that are going to be impacted by it. Really important stuff.
Marc Bernstein:Hey, and regardless of whether you're a politics or who you think, but I watched Biden's President Biden's speech last night. It was about a 12-minute talk. It was about a 12-minute talk. He was angry and he stood up and he was I have a lot of respect for the speech he made as well Agreed, and that's what it takes right now.
Bobby Keyes:Leaders have to take action of all forms. Right, In my case, it was a few years ago starting a company. Well, you've got to take action, You've got to put your right foot in front of your left, Got to surround yourself with good people. But, as we've already said, this is someone at real tough stuff that we see in life unfortunately all too often lately. And good luck to everybody and be safe.
Marc Bernstein:Well, thank you for your thoughts on that, bobby. I appreciate that and it's clear you've been thoughtful about it. And now let me introduce you. So Bobby Kees is here. He is, and I want to tell you how we met as well, because I think it's an important thing to think about, and I'll let him expand on this as well. But he is the founder and owner and CEO of Elite Slons and Suites. There's a great story behind that. He's going to tell that story and I will just really briefly. Let's do a little plug for the Satell Institute. So that's how Bobby and I met. I'm a new member of the Satell Institute, although I know Ed Satell, who created the Institute for over 40 years, I believe, and Bobby is an original member, I think, of the Satell Institute. And maybe just say a word about that and then we'll get into your story.
Bobby Keyes:Yeah, it was during a different time of my professional life.
Bobby Keyes:I was the Vice President, general Manager at Enterprise Holdings here in the Philadelphia market and, like everything that we do in business, it's your network.
Bobby Keyes:And I was introduced to the Satell Institute, asked to attend a meeting and tell my story and, as you know how infectious Ed can be within five minutes I said there's a lot of good stuff going on out there and you know, life takes us a lot of different ways and I've always valued a network. And when you look at the network of leaders that we have at the Satell Institute Pretty impressive. And when we all come together like we do at our conferences, we all walk out a little bit smarter, a little bit better equipped to run our businesses, be leaders in the community, within our businesses, and to me that's invaluable and valuable stuff. Not to mention the great work that we're doing, putting necessary funds into the nonprofits in our region, which really do a lot of the tough work that helps folks that have various challenges, from poverty or illnesses or whatever. Too many people aren't getting enough food every day, Marc right. So we need leaders to step up and make the communities better.
Marc Bernstein:Ultimately it's about business leaders doing good is what it is. And, by the way, a little plug some time soon we're arranging at Ed Satel. We'll be a guest on the show as well, so it's going to be wonderful. You might have to extend a program for that. I understand we sometimes we do part one and part two. That may be a part one and part two. So Bobby is, as I mentioned is, the founder of Elite Salons and Suites and he grew up in North Philadelphia. Humble Beginnings. I would say you want to talk a little bit about your childhood and how you got to enterprise and then how you went on to create Elite Sure. Thank you.
Bobby Keyes:Marc, that'd be great. I'm one of five. My dad was a high school dropout, wound up in the army when he was 16 years old. My mom was a graduate of Little Flower High School, but they had a vision of sending all of their children to college and was born in North Philly, and I'm a row home kid. We moved from a row home community with no trees and no grass out front up to Northeast Philly where we had a little bit of grass and a driveway where we could play as kids. I attended Father Judge High School, was fortunate enough to play football there and because of that, opportunities came to me that was recruited to play football in college, where I found Hofstra University through my coach, mickey Krakowski, who's still today one of my mentors in life and in business, and he will be officiating my youngest daughter's wedding and three years ago he officiated my older daughter's wedding.
Marc Bernstein:He was your coach at Father Judge or at Hofstra. At Hofstra, Hofstra Is that right? That's amazing.
Bobby Keyes:And I will just tell you when you are we grow up blue collar. Fortunately, mom and dad did everything they could to do the very best for their five kids. That was their sacrifice, was a great learning tool for me and I've never forgot that to this day. Started working I was nine years old, so we were always busy just trying to help out, and whatever money I made through high school and college gave it to mom and dad to help pay the bills. And again, great life lessons. And because of my upbringing and ultimately because I was a decent football player, I had this chance to go off to college.
Marc Bernstein:What position did you?
Bobby Keyes:play. I was an offensive lineman. I was about 45 pounds ago.
Marc Bernstein:Wow, but yeah, 45 pounds more ago.
Bobby Keyes:Yes yes, To be clear. Yeah, I don't want to carry that weight when you don't have to. And that's where I really had the opportunity to springboard with what I wanted to do going forward. Yes, we were very successful as a team. Yes, I had great leadership. Yes, I had great teammates. But it gave me an opportunity when I came back to Philly to start a career. What do we do when we get out of school? We try to find a job that hopefully becomes a career. I found a company, a small regional company about a $100 million company that was opening in Philadelphia in 1985. I was their first employee at Enterprise and segue forward 33 years I spent about Enterprise was a regional company at that point.
Bobby Keyes:Yeah, it was just. You know, we were probably in about seven or eight markets at that point.
Marc Bernstein:Based out of where St Louis Missouri.
Bobby Keyes:Family owned company. Taylor family owns Enterprise.
Marc Bernstein:Still do.
Bobby Keyes:Yeah, they're on third generation. Chrissy is Jack's granddaughter and is doing a great job running a company, and I was there when we rented our first car, 33 years later. I was responsible for 1600 people, managed 165 locations. That's amazing. The entire. We had 43,000 cars and trucks in service throughout the region.
Marc Bernstein:I'm so glad I have you here because on my own I became fascinated with Enterprise because every time I've rented a car from them you meet these really interesting young people who are not just interesting but interested and they all most of them know that that's a springboard Cause. I asked why did you work for Enterprise? They said because the training is so great and whatever I end up doing in life, it was sort of like me at American Future Systems with Ed Sattel great training for life. It lasted forever. And I've tried to hire something, not hire them away from Enterprise but say listen, when you're ready to move on, give me a call. And I've had some interviews with some of them and very interesting people and very interesting model and it's such a direct contrast. I'm not supporting Enterprise but renting from other rental companies and the people they have and the service. It's like night and day difference.
Bobby Keyes:Enterprise gets a lot of things right, but at the core they hire very good people, but it's an entry level position. And then we're. Enterprise is a promote from within company. So that's what gave me the opportunity to say hey, wait a minute, I know who my competition is, I don't have to worry about anybody from the outside and could see the growth opportunities at a very young age. And because the company was young and developing, I accelerated through into management pretty quickly and actually spent about 24 years as an executive VP with the company and with that came great responsibility.
Bobby Keyes:And when you open the show, just want to share a very quick story. I was a young general manager up in Connecticut. I was up there for a couple of years leading the teams in the Hartford area and Western Mass and I sold out a really great store capacity. I was there. My first year was 2001,. 9-11 hits. I had a young man, jason Smalley, who was a management trainee at the time and we were headquartered at our airports. Our airport office was right next to me and one of our leaders came in. It's a Bobby Jason's, not good.
Bobby Keyes:So what's the matter? His mom was flying to San Francisco at a Boston that morning and his dad was in a meeting in the South Tower in New York City and fortunately sorry, it's a good ending mom was not on a plane that hit the tower. Dad got out in time. So you want to talk about, you know, being thrown into the fire?
Bobby Keyes:Right, I had I wasn't nothing towards what President Bush and the cabinet was dealing with by the young man. It was distressed and I just had to be there for him and do everything I could to get my arms wrapped around him because he couldn't reach out to mom, he couldn't reach out to dad, and so we just kind of sat him down and I wanted him to go home in, just in case the phone was going to ring and he didn't want to do that. But that day that story had a good ending to it because mom and dad were fine. One of my good friends and college teammates, courtney Walkup, went to work that day. He didn't get out of the building. So times like this, which were, you know, which was happening in Israel, I think about Courtney and others that were impacted, because families are being impacted by what's going on today.
Marc Bernstein:So there are so many parallels and not to get back to that. But you know, I know people that have their children live in Israel or their parents live in Israel, a lot of concerns about getting in touch with them. And it's, you know, at the end of the day, it's terrorism, it's the same, it's a terrorist attack and people affected by that, and it's, you know, it's just one of the most upsetting things that can happen in the world. But anyway, so it was a great learning experience at Enterprise.
Bobby Keyes:Terrific.
Marc Bernstein:And so you retired from Enterprise, correct In?
Bobby Keyes:2018, I retired after 33 years with the company, which my good friends call me a dinosaur who spends 33 years with the company. Well, I did, and happened to be married 33 years with my wife, phyllis, so it's a good number for me, that's a great.
Marc Bernstein:I'm 33 years too, by the way. You're married as well, congratulations, thank you. You too, 34 is coming up for me next month. So you left there. Did you leave with the intention of retiring, or did you leave with the intention that you're going to start something else at this point?
Bobby Keyes:In my mind I always wanted it what I call a chapter two. Yes, and retirement lasted about six weeks. Because I was sitting around one day not knowing what to do because you know you do the same thing for 33 years. Right, it becomes your life out the door every day, 5 36 o'clock in the morning, home late at night, loved what I did, and all the while raising a family, and it just had great balance, even though it was still imbalanced.
Bobby Keyes:But I always knew that I wanted a second chapter and at 55 years old, when I retired, I knew I had time and ultimately I thought I wanted to run a broken company. I thought within my network somebody would say, hey, Bobby, we've got a company over here that's not doing well. And then I just said, all right, well, let's see. And then this opportunity came to me and was introduced to a series of businesses, which is when I was introduced to the salon suite business real, real, short and sweet. What makes it great? I am bringing beauty professionals into business ownership and that is super empowering for me and super empowering for these men and women. 94% of my business owners are women, a lot of them being single moms. They are making life changing money being out on their own now.
Marc Bernstein:It's a great story and right after our break, which we're going to take now, I actually want to backtrack a little bit to the transition from enterprise to six weeks of retirement to elite. So with that, let's have our commercial break and we'll be right back.
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Marc Bernstein:We are back on Founders Forum with our guest today, Bobby Keyes. And Bobby, right before the break we were talking about the transition and you didn't just. You didn't just become an entrepreneur six weeks after you left elite. I mean, you left enterprise, you became an. You had not. I know from talking to you that you had an entrepreneurial spirit. I know that that the group of people, the 1600 employees that were under your command, you looked at that as you're the leader and I know you had an entrepreneurial spirit. Let's talk about that and then how that got applied to starting elite.
Bobby Keyes:Marc, I will share things that are critically important to me. Number one working for enterprise. It was a decentralized structure and Andy Taylor, who was our chairman and CEO, made it very clear to me Bobby, this is, this is your business. I want you to run this division like it's your business, and that started with me taking great ownership and what I believed was the core values of leadership. It was doing the right thing for the business but in doing so, doing the right thing for your employees and your customers, and I was able to take my vision, my view on doing business the right way, and we were fortunate. We were team leaders in all the core areas. But most important to me was making sure that our client got a great experience when renting a car, because there's transactional business and then there's service driven business and renting a car. You can walk in anywhere rent a car or you can come and have an experience, and I like to think that I bring those same skills and traits into elite and why. You know I'm leading a team of four people, not 1600. We now have roughly 200 business owners that we've been able to bring in the business and we're not transactional, and I think that's when you talk about an entrepreneur, you know it's my business. If you, I mean I am the owner.
Bobby Keyes:I viewed my time at Enterprise as the owner, but the Taylor family owned the company. But this is mine and I get to instill my vision and what I believe is the right way to do business, and we are engaged. I am in my locations, talking with our folks. How can we help you? We have breakfast and lunch, coaching sessions, two seminars a year.
Bobby Keyes:My goal, like at Enterprise, is to take these men and women and change their lives, and we're in just four short years. We're doing that because when you look at the business, the way it's set up the traditional salon, the professional pays a portion of their revenue back to the salon, upwards of 60%. With us, it's just rent. Now they get a lot for their rent. We do it different than others and I like to think we're doing it better because that comes back to our brand, my personal brand, what I stand for, but also the brand that I want elite salons and suites to be known for, so that our business owners are very comfortable saying you got to come do business with elite. They treat us different.
Marc Bernstein:I want to go back to that, but I want to back up again just for a second because you said something really important. You said essentially, I worked for company for 33 years that supported me being an entrepreneur in a decentralized structure within the company, which is amazing, first of all, to be able to find that and have that experience and, by the way, thank you for my rental experiences there, because I'm realizing as I'm speaking that you're probably directly responsible for the I hope it's some form.
Marc Bernstein:Some sure so and then you created a company six weeks after you left there, unknowingly because I'm sure you weren't extremely conscious of this at that moment that you were going to be creating many more entrepreneurs and having a business that really creates and supports entrepreneurialism.
Bobby Keyes:Well, Marc, I think the key is there were, there were things that made sense. I managed 165 locations. Well, I'm now managing properties. I have to recruit and retain people. They are not employees, but we still have to go out and find these professionals and then sell them on what we're going to do for them and then ultimately give them a great experience. So we retain them, so we can go out and continue to grow and open more locations, and and that carried right over. So what do I know about the beauty industry? Not much. What do I know about empowering people and motivating people? That's where I think my strengths as a leader really show out.
Marc Bernstein:So it's really interesting. So tell me about the evolution of the business. So you went out. How did you start it?
Bobby Keyes:Well, what made it great was I mentioned earlier, I was enterprise's first employee in 1985 when they opened their doors. This business has been around for 30 years, this model. It's just that the way it was regulated in Pennsylvania, new Jersey, it really was cost prohibitive for this model to exist Won't bore you with the details. So I got in on the ground floor, kind of like I did Now. There were other companies that had started, but we saw this as an opportunity to take a blank landscape. Pennsylvania, fifth most populated state in the country. New Jersey, most densely populated state in the country. Demographics terrific. Southeast PA and certainly in New Jersey. So I said I saw enterprise do it. Now I'm not renting cars, but when you think about you know where, where the markets are. I knew exactly where I wanted to start.
Bobby Keyes:With my first six locations we made a big splash, fortune. I had enough capital to finance most of that on my own because it's not an inexpensive business. And then from there we put our plan together for what is our long-term growth strategy? No different than when I was put in a position of influence at enterprise. You know okay what's the vision. Bobby, everybody's looking at you as the leader, now the owner, where are we going, and it's easy to say, come, follow me. But I have to have a clear, concise plan on what the vision of our company is and how quickly we're going to get there and how we're going to execute each and every day and get the details right.
Marc Bernstein:And so it happened in a relatively short period of time. How did you find that model? Were you familiar with the beauty salon business?
Bobby Keyes:I was not other than I get my hair cut every two to three weeks in a traditional salon, and Liz Denincourt has been cutting my hair for 20 years, so I'm a creature of habit. Worked for company for 33 years, married for 33 years. Same woman cuts my hair for 20 years, so I like doing business.
Marc Bernstein:She's not part of a lead I take. She is, she is Okay and she and she met.
Bobby Keyes:She owns a very large suite of ours, which again is a differentiator from us and our competition. That's right, but but I got a call through the network one day and said hey, bobby, I heard a lot of great things about you. I know you retired. Can we grab a cup of coffee? I want to talk to you about some opportunities. I don't drink coffee. We said I'm not doing anything. And that's that's where the introduction came.
Marc Bernstein:So I think your model is fascinating, I mean, and it really is a great model. I've been talking to my wife about it because she's she's a creature of beauty salons of course over the years as well, and I think it's amazing, and it really is.
Marc Bernstein:It's a great opportunity for, I think, mostly women, but men also that are in the business, to establish their own salons with a lot of you know, I've been all through your website with a lot of without a lot of the headaches, and you even help them with their, their books, their taxes and their you know, structure, corporate structure and all that kind of thing, which is pretty amazing that you, you provide all of that, believe it or not. We don't have that much time left. The show goes very quickly. Bobby, tell me about your future vision. I like to ask people, if this were October of 2026 and you're looking back on the last three years, what would have to happen in your business life, your personal life, financial life If you want to mention that, I'm a financial planner, so, but without getting personal but any of those things for you to feel like that was a successful three year period?
Bobby Keyes:Yeah Well, thank you for the question. It's pretty simple. We have 10 locations now throughout Pennsylvania, southeastern PA, in New Jersey. I want to have 20 by the end of 2026. And while that's a lofty goal, you know, listen, I've always been someone that dives into deep end of the pool. Sometimes that's a good thing, sometimes it's not a good thing, but you know you got to take some risks in life.
Bobby Keyes:I will tell you Marc, very similar to my time in enterprise. I work with great people. Now these were business folks at enterprise looking for career. Now these are business owners that are artists at the core. Their energy, enthusiasm motivates me every day. The relationships that they have with their clients is something. I worked for a company that believed in customer service at its highest level and was fortunate to lead teams that were number one at enterprise so I can bring customer service to this business. These are our owners are fantastic 20, 30 year relationships. You don't leave your hairstylist, your last tech, your massage therapist. So now we have one of the real core foundations to business client retention. How can we build on that? How can we set your prices according? How can you market that? How can you continue to grow? And I need their help to accomplish those goals by the end of 2026, because I need them to advocate for me and elite in our team.
Marc Bernstein:By the way, one thing you didn't want to say, you didn't say. I don't know if you said it, but I also. Your locations are beautiful. Yeah thank you. They're built magnificently and you couldn't go into a nicer salon, so I'm sure the owners love that and, of course, the customers love it they do.
Bobby Keyes:You have to have that wealth factor and we want to model ourself after the Ritz Carlton of four seasons right, and that we want to be the premier offering in the industry.
Marc Bernstein:One last real quick question, and we got to do it quickly your legacy. What would you like to see that to be?
Bobby Keyes:I've always been involved in the community it's one of the great things that Enterprise expected of its leaders and spent a lot of time with the Urban League, the United Way and several other nonprofits. But I number one on a business side would love to be able to hand this business to my children, so that's a long term kind of plan. But also, as many leaders in this market do, we've all got to find a way to give a little something back and make our communities better each and every day, because they need our help.
Marc Bernstein:Bobby, we started out talking about leadership. You're a great example of leadership in both in business and in the community through your philanthropic work, and thank you for being here today. Thank all of you for listening today on Founders Forum and we'll see you again next week.
Bobby Keyes:Mark, it was a pleasure, Thank you.