10 QUESTIONS FOR TILMAN FERTITTA
Tilman Fertitta wants you to shut up and listen with new book
Oct 7, 2019, 3:36 pm
10 QUESTIONS FOR TILMAN FERTITTA
This article originally appeared on CultureMap.
Tilman Fertitta can't lose. Sitting in his palatial office nestled in the towering Post Oak Hotel in Uptown, the sole owner of Fertitta Entertainment, the restaurant giant Landry's, the Golden Nugget Casinos and Hotels, and the NBA's Houston Rockets — not to mention the star of the TV reality show Billion Dollar Buyer — is taking a quick moment to bask in his success.
And why not? On top of being the world's richest restauranteur and Houston's most recognizable billionaire, Fertitta currently boasts a best seller with his new business book, Shut Up and Listen! As CultureMap reported, he just acquired Del Frisco's luxury steakhouse chain, adding to his impressive and extensive restaurant empire. And speaking of acquisitions: Soon, his Houston Rockets will unleash the powerhouse duo of James Harden and new teammate Russell Westbrook, who came to Houston in a massive trade with Oklahoma City.
Fertitta has just made the national media rounds promoting Shut Up and Listen! and looked quite comfortable doing so. "A lot of owners don't talk to the media and they don't know how to do it," he tells CultureMap, "but I've been doing it for 30 years and it just doesn't phase me."Shut Up and Listen! is a Tilman tell-all. But rather than a life story, the book is a how-to for the business-minded. No-nonsense nuggets such as the "Tilmanisms" teach principles such as the 95/5 rule (focus on the 5 percent of the operation that isn't perfect and fix it) and offer hardcore reminders such as "when things are bad, eat the weak and grow your business." Doubters, take note: Shut Up has landed on the Publishers Weekly's and USA Today's Best Sellers lists.
CultureMap sat down with Fertitta during a rare break to talk books, business, and his beloved Bayou City.
Tilman Fertitta: [Laughs] Oh, I don't know about that. Mark is a special guy and we're lucky to have him in Texas.
TF: At UH, the 5 percent was we wanted to have good coaches and we wanted to improve our facilities. That's the 5 percent we realized that if we wanted to compete at the highest level of basketball and football, that's what we'd have to do.
For the Rockets, we're gonna make sure we can put the basketball team we can on the court with the best coaches every single year. I'm not a sit-on-my-hands guy — it's let's keep getting better.
TF: This is where I grew up and Houston's been very good to me. I've been around a long time and I've watched people come and go in the '80s, the '90s, the 2000s, and the 2010s. It's fun to have lasted this long and been a player through so many decades.
TF: Systems and operations are very important. Everybody wants to do more deals. If you understand the Big Box Theory, you make more out of a bigger box. In the beginning, I knew I always wanted to be successful. Today, I know what I know and I know — and what I don't know.
Continue on CultureMap to learn which books inspired Tilman Fertitta, and much more.
No. 4 Texas will be competing for a return trip to Atlanta when it plays at home against No. 13 Clemson in the first round of the College Football Playoff.
The winner of the Clemson-Texas first-round game on Dec. 21 will play No. 10 Arizona State in the Jan. 1 Peach Bowl in Atlanta in the CFP quarterfinals.
For Clemson quarterback Cade Klubnik, who is from Austin, Texas, the game will be a homecoming.
“We recruited him hard," Texas coach Steve Sarkisian said Sunday, calling Klubnik “a winner. He will do whatever it takes to put his team in position to be successful.”
Added Sarkisian: “When he made the decision to go to Clemson, honestly I wasn’t surprised. Both his parents went to (Texas) A&M.”
Klubnik applauded the announcement of the game at Texas for Clemson's seventh CFP appearance.
“For him to be going to his first playoff in Austin, Texas, where he grew up, you can’t make that up,” Clemson coach Dabo Swinney said. “Pretty cool opportunity for him and his family to go compete against Texas there in Austin.”
Swinney said his only visit to the Texas stadium was to watch Klubnik play in a high school playoff game.
“We’ve never played Texas or played in that stadium,” Swinney said. “... It’s going to be amazing. It’s one of the best venues in college football.”
The Longhorns (11-2) were seeded No. 5 in the CFP following their 22-19 overtime loss to Georgia on Saturday night in the Southeastern Conference championship game in Atlanta.
Sarkisian said his players were “really excited” to see Texas land the No. 5 seed and have the opportunity to play in the Longhorns' first game against Clemson.
Texas safety Andrew Mukuba is a Clemson transfer. Sarkisian said players already were calling the matchup the “Mukuba Bowl.”
Swinney said: “I love Mukuba. I just love his spirit and love his heart. He was a really neat kid.
“I certainly wish he had been able to finish here. He did everything that was asked of him at Clemson. Made a bunch of big plays.”
Clemson (10-3) beat SMU 34-31 in the Atlantic Coast Conference championship game Saturday night to land an automatic CFP berth. The Tigers are ranked No. 16 in the CFP but were given the 12th and lowest seed. As the fifth-highest ranked league champion, the Tigers do not get a bye and instead must visit Texas.
Arizona State (11-2) earned a bye by rolling over Iowa State 45-19 in the Big 12 championship game Saturday. The Sun Devils were led by running back Cam Skattebo's 170 rushing yards in their impressive win to cap their first season in the Big 12.
Peach Bowl president Gary Stokan noted the Sun Devils were picked to finish last in the Big 12.
“You proved them all wrong,” Stokan told Arizona State coach Kenny Dillingham.
Arizona State players celebrated the announcement of their No. 4 seed.
Dillingham said he hopes the conference championship and berth in the CFP helps him recruit and continue to build the program.
“Hopefully this stage will help get our branding out there, and show people that we can be one of the newer brands in college football," Dillingham said. "Every 10-15 years a new brand shows up, and a new brand becomes a national brand.”No. 4 Texas will be competing for a return trip to Atlanta when it plays at home against No. 13 Clemson in the first round of the College Football Playoff.
The winner of the Clemson-Texas first-round game on Dec. 21 will play No. 10 Arizona State in the Jan. 1 Peach Bowl in Atlanta in the CFP quarterfinals.
For Clemson quarterback Cade Klubnik, who is from Austin, Texas, the game will be a homecoming.
“We recruited him hard," Texas coach Steve Sarkisian said Sunday, calling Klubnik “a winner. He will do whatever it takes to put his team in position to be successful.”
Added Sarkisian: “When he made the decision to go to Clemson, honestly I wasn’t surprised. Both his parents went to (Texas) A&M.”
Klubnik applauded the announcement of the game at Texas for Clemson's seventh CFP appearance.
“For him to be going to his first playoff in Austin, Texas, where he grew up, you can’t make that up,” Clemson coach Dabo Swinney said. “Pretty cool opportunity for him and his family to go compete against Texas there in Austin.”
Swinney said his only visit to the Texas stadium was to watch Klubnik play in a high school playoff game.
“We’ve never played Texas or played in that stadium,” Swinney said. “... It’s going to be amazing. It’s one of the best venues in college football.”
The Longhorns (11-2) were seeded No. 5 in the CFP following their 22-19 overtime loss to Georgia on Saturday night in the Southeastern Conference championship game in Atlanta.
Sarkisian said his players were “really excited” to see Texas land the No. 5 seed and have the opportunity to play in the Longhorns' first game against Clemson.
Texas safety Andrew Mukuba is a Clemson transfer. Sarkisian said players already were calling the matchup the “Mukuba Bowl.”
Swinney said: “I love Mukuba. I just love his spirit and love his heart. He was a really neat kid.
“I certainly wish he had been able to finish here. He did everything that was asked of him at Clemson. Made a bunch of big plays.”
Clemson (10-3) beat SMU 34-31 in the Atlantic Coast Conference championship game Saturday night to land an automatic CFP berth. The Tigers are ranked No. 16 in the CFP but were given the 12th and lowest seed. As the fifth-highest ranked league champion, the Tigers do not get a bye and instead must visit Texas.
Arizona State (11-2) earned a bye by rolling over Iowa State 45-19 in the Big 12 championship game Saturday. The Sun Devils were led by running back Cam Skattebo's 170 rushing yards in their impressive win to cap their first season in the Big 12.
Peach Bowl president Gary Stokan noted the Sun Devils were picked to finish last in the Big 12.
“You proved them all wrong,” Stokan told Arizona State coach Kenny Dillingham.
Arizona State players celebrated the announcement of their No. 4 seed.
Dillingham said he hopes the conference championship and berth in the CFP helps him recruit and continue to build the program.
“Hopefully this stage will help get our branding out there, and show people that we can be one of the newer brands in college football," Dillingham said. "Every 10-15 years a new brand shows up, and a new brand becomes a national brand.”