Preparing video...
0:00 / 0:00
Giving Up on the Gala | Don Ghermezian
5,473 views
Learn more about Vayimaen and join our WhatsApp group here: https://www.vayimaen.org/ #vayimaen #shmiraseinayim
Categories:Torah
Comments
Transcript
Auto-generated transcript. Not time-synced to the video.
I've got 100 stories
that I could share with people
about the miracles that I've seen,
what happens when somebody
keeps their eyes pure.
I had a tenant coming to Edmonton
at West Edmonton Mall.
It was a big tenant.
They wanted to sign a big deal.
It was their first store in Canada,
and everybody wanted them in Canada,
but they came to us first,
to West Edmonton Mall.
And so,
this particular company
has an annual gala.
It actually moves around
the world every year,
it happened to be in New York that year,
and they sent me tickets
to go to this gala.
My wife and I were living in Edmonton.
We were super excited.
We got on a plane
and we flew to New York.
On the plane, I turned
to my wife and said,
Marina,
this tenant came to Canada.
They signed with us.
They didn't open in Toronto,
they didn’t open in Vancouver,
they didn’t open in Montreal.
They opened in Edmonton
before anywhere else,
and they took a huge store.
This might be the biggest store they have.
It's really important
that this tenant does well.
I don't think Hashem would
appreciate me going to this gala
and Chas v’Shalom
maybe we'll see things
or people might not be dressed properly.
That's not the way to repay
Hashem for what He did.
I don't think we're going.
I landed at the airport.
At the airport,
I called the head of real estate
in this company,
and I explained to them,
I'm giving you these two tickets back.
The head of real estate's like,
Are you crazy?
You're the first person that's ever
returned two tickets to this gala.
It's harder than the Met Ball.
I’m like,
No, I'm not crazy,
but I'm an Orthodox Jew.
I'm not going to put myself
in an environment
where I don't believe
it's right for me to be.
And in return,
do me a favor.
How much money
do you think the store will do?
What would you be happy with
if your store did in the first year
at West Edmonton Mall?
He said: If we do
$15 million in the first year,
we'll be ecstatic.
I said: Okay.
I make percentage rent
on top of the $15 million.
That was their higher threshold.
So on any sales that this tenant
would do above $15 million,
I make money.
I said: So you know what?
I'm going to give you
these two tickets back,
because there's no way
that I'm going to repay God, repay Hashem,
by going to this gala
after He did this for me.
And when your store opens up
and you do double what
you expected to do year one,
you call me back and let me know
that you appreciate
I gave you the two tickets back.
Year one,
they did $29.8 million in sales.
Double what he anticipated on doing.
I had the number one store
in the entire chain, globally,
that they had that year.
You know, people sometimes
fool themselves into thinking
that they need to run
and jump and this and that,
and Chas v’Shalom compromise
on things that they know that
they shouldn't compromise on.
When you go outside of your comfort zone,
when you understand that
Hashem controls everything,
when you keep your eyes pure
and you say: Hashem, I'm doing this
because I believe that You run everything.
Please help me.
You will see miracle
after miracle after miracle.
It's not easy to do,
but I promise you,
if you always do what you know
to be the right thing for Hashem,
as illogical as it may sound in business,
it just matters if it's logical to Hashem.
And that's the best business advice
you'll ever get in your entire life.