Simple Management Group- Newsletter October 2023

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A Message from the CEO A Message from the CEO

Employees are either engaged or they are not. Our Strategic Path feeds the engaged and dispels the disengaged. Make no mistake about it, we have a very highly developed business which “right fit” people can expect to win. However, our opportunity is not for everyone. Despite our rigorous selection process, sometimes people just do not fit. Our systems are set up to detect and sort out these people, the “brotherhood of the miserable.”

I’m not talking about people interested in honest disagreement and debate. No, I’m talking about complainers who always assume the worst. If left unchecked, these people can become negative leaders in the organization and might recruit others into their fraternity and we weed them out regardless of their performance. Far be it from us to hold a person back in their search for something more right fit for their life. If our company’s values leave a bad taste in one’s mouth, then why stay and work here, that person should move on with their life.

If you think what I am saying sounds harsh, take another look at the reality. Our company gives each team member every opportunity to succeed. We lay our corporate culture on the table and keep no secrets about our values, and it is the individual’s choice whether to adhere to our system. A person elects to follow either a negative or a positive outlook on life. This parable of a young man struggling to know who he is and sharing his inner battle with his mentor, he describes his situation this way: “It is like I have two wolves fighting within me. One is moral and good. The other is immoral and untrustworthy. I’m torn up inside. I don’t know which one will win.” The mentor responds, “I do. The one you feed the most shall win.” We strive to identify the “bad wolves” in our midst. I call them “corporate terrorists” and they have no place in our company. Like members of a sleeper cell, they actively work against the company. This minority cannot be ignored and must be reengaged or aggressively removed as one would remove a threatening cancer.

In our recent Gallop Employee Engagement Survey for our company, there was only a small percentage, less than 4%, of our company identified as being “disengaged”. Gallop’s data shows that 15% of the U.S. working population is “actively disengaged”. Because we hire our people with science and hold them together with leadership and culture we rank well below the rest of the U.S. As we complete the next round of Gallop surveys, my hope is the small percentage of disengaged employees becomes even less and the number of engaged employees continues to grow.

It is all about being the best in the world at whatever we do!

IN THIS ISSUE October 2023 NEWSLETTER ISSUE 22
John Thedford, CEO Q3 Top 20 SLA’s 2 Red Kettle Kick-Off 2 New Store Locations 3 Gallup Engagement Survey 4 Jewelry Sales 4 Management Camp 5 Jewelry Training Classes 6-7 Webinar Training 8 Promotions & New Hires 9 Top 5 Stores in Net Rev. 10 Top 5 SLA’s in Sales 11 Top 5 SLA’s in Productivity 12 Top 5 SLA’s in Warranty Sales 13 Employee Health & Wellness 14 Green & Clean 15-16 IN THE NEWS 17-20 Celebrations 21 Mission, Purpose & Values 22
Root out the “brotherhood of the miserable”

Salvation Army Red Kettle Kick-Off with Captain Ken Chapman

Thursday,November2at2:00pm forAreaManagersandStoreManagers

SLA Sales Update

Congratulations to our Top 20 SLA’s in Q3!

Q3 ended strong in September. Below are the Top 20 in Sales from July 1 - September 30.

Top 10 SLA’s earn 5% commission and Top 11 - 20 SLA’s earn 4% commission.

Who will earn 5% and 4% in Q4 selling season?

Q3 Top 20 SLA’s

Every year during the holiday season our employees, team members, friends & family volunteer to “Ring the Bell” and collect donations at our red kettle locations. The Salvation Army’s Red Kettle Kick-off meeting will be on Thursday, November 2nd at our headquarters in Maitland, FL. This year our team captains are Dave Skibinski, Omar Armijo, and John Meija. During the kickoff meeting, our team captains and store managers will meet with Captain Chapman, Area Commander to start preparing for the Red Kettle Challenge.

What is the Red Kettle Challenge?

SMG will have 3 red kettle locations in the Orlando and Bay Hill area from November 26th through December 24th. This is a great opportunity for families, friends, and groups to give back to the community and all are encouraged to participate by signing up for a shift to “ring the bell”. Do you have a high school student who needs community service hours? This will be the perfect opportunity to get them. This event is not limited to SMG employees only, all are welcome. There will be a contest with prizes, an opportunity to ring the bell with Mr. Thedford in his Santa hat and spread some Christmas cheer. The Team Captains will be sending out sign-up sheets to reserve a time slot to volunteer. Help support our community by participating. If you are not in the Orlando area and want to participate in the “ringing of the bell”, please reach out to your location Salvation Army and find locations, they are always in need of volunteers.

New Mobile App Update

Lotsofprogresshasbeenmadeontherevampedmobile App. Our IT team has been working hard on enhancements to the App and the big one is it will be in both Spanish and English. Having the App in dual languages along with all the new features will be a game changer for our business. Look for it to launch in early 2024.

Special Recognition for the MIami 1 Team, 3 associates totaling $616,462 in sales.

Josh Ocampo WP1 $181,252 5% Jose Pagan OR7 $157,320 5% Robert Cintron KM2 $149,365 5% Alexis Areizaga OR9 $147,273 5% Juana Perez HC2 $144,414 5% Marta Santiago KM4 $120,553 5% Ricardo Maldonado KM6 $116,115 5% Nester Heredia OR7 $115,809 5% Karla Torres MI2 $101,163 5% Letty Cofrancesco MI2 $92,659 5% Mike Desamours OR2 $89,659 4% Jennifer Izquierdo OR6 $89,447 4% Laura Ngo Pimentel OR6 $88,971 4% Luis Fernandez HC1 $87,717 4% Wilmar Mazo KM7 $87,380 4% Zoraima Blanco KM1 $86,188 4% Jose Duarte OR3 $82,574 4% Micheala Greene BH2 $82,362 4% Luis Irlanda Morales BY2 $81,255 4% Tena Wilson Marsh J05 $81,144 4% 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. Chanelly Estrada MI1 $255,797 Heidy Mena-Zamora MI1 $181,196 Estefania Rivera MI1 $179,469 2

We Are Growing Again!

SMGisgrowingagain!

The last 24 months have been a busy time for our company. We are expected to close on Presta Me, a chain of 22 pawn stores located in Costa Rica and Panama in the upcoming week. In addition to this acquisition, we will acquire a store located in Ft. Lauderdale called Big Daddy’s, soon to be La Familia, all prior to the end of October. By the end of the year, we will close on 2 stores located in Barbados bringingourtotalstorecountto97!

With this anticipated growth, there have been some promotions. Edwin Lopez has been promoted to Regional Vice President of Operations overseeing the Puerto Rico, Panama, and Costa Rica markets. Eric Deanda has been promoted to Regional Manager overseeing his original stores, the Tampa market and part of the Orlando market. Pedro Galarza has been promoted to Regional Manager overseeing his original stores and 2 Areas in Puerto Rico. John Mejia has been promoted to Regional Manager overseeing his original stores, South Florida, and part of the Orlando Market. Javier Perez has been promoted to Director of Operations and will be relocating to Costa Rica to oversee both Panama and Costa Rica markets.Congratulationstoall!

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In-Store Jewelers at La Familia Pawn & Jewelry

Welcome to the team! We are excited to share that we now have in-store jewelers. The following store locations will offer cleanings and inspections, jewelry repairs, ring resizing, stone resetting, clasp replacement, watch batteries, and just about anything else you can imagine. Our jewelers are located at the following store locations: Kissimmee 1,Kissimmee5,andOrlando1

In-Store Jewelers

Kissimmee 1

Kissimmee 5

Orlando 1

Ringing in $163,000 in HDQ

Assisted Jewelry Sales for the month!

Conch Pearl Sales

Congratulations to St Vincent for $58,350 sales with a profit of $49,875!

St Vincent $58,350

Nassau $25,534

TCI – DT $23,441

Antigua $ 9,422

Cayman $ 8,205

Montego Bay $ 5,324

May Pen $ 3,719

Freeport $ 2,889

Oistins $ 800

Kingston 1 $ 550

Gallup Engagement Survey

The Gallup Engagement follow-up survey started on October 2. We again are partnering with Gallup, a nationally recognized workplace survey firm, to conduct anEmployeeEngagementassessmentofouremployees.

This is considered “The Pulse” of our organization. This survey is very important to our organization as it measures and positively impacts employee engagement. This program will gather insights through a confidential web survey. Your interview responses will be presented only as part of an aggregate of all other responses and notidentifiablespecificallytoyou.

You will receive an invitation from Gallup to participate in the survey. Your participation is critical to the success of this program, and I encourage you to answer all questions openly and honestly. The survey should take nomorethan10minutes.

Your feedback will provide important context regarding the state of Simple Management Group today and where wewanttobeinthefuture.

Thankyouforyourparticipation.

OCTOBER BIRTHSTONES

Opal and Tourmaline

Opal, the traditional October birthstone, is believed to have originated in India. In ancient Rome, this became opalus. Most opals are valued for their shifting colors in rainbow hues and dramatic play-of-color has inspired writers to compare it to fireworks, galaxies and volcanoes. Ancient Greeks thought opals bestowed the gift of prophesy and protection from disease. Europeans long maintained opal to be a symbol of purity, hope and truth. Hundreds of years ago, opal was believed to embody the virtues and powers of all colored stones.

Tourmaline, has multiple colors in one crystal. Very few gems match tourmaline’s dazzling array of colors. It has a color palette for every mood. Among the most popular are the pink and red rubellites, the emerald green “chrome” tourmalines, and the neon green and blue-to-violet “paraíba” tourmalines.

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Management Camp was held in Orlando 1, Florida

September 20 & 21 was a big success!

We hope you enjoyed attending!

Building Excellence in Every Role through learning in our Management Camps!

Corporate

DanHolman

MariaGamero

CarlosMaysonet

Area Managers

DaveSkibinski

JohnMejia

OmarArmijo

Kissimmee 6

EmilioDiaz

Kissimmee 7

CarlosBustamante

EdgarMorales

Orlando 2

JenniferIldefonso

Orlando 3

JustinLaFleur

Orlando 4

HectorLopez

Orlando 6

RafaelDeLeon

Orlando 7

HeidySantiago

Orlando 9

BryanCancel

Volusia 1

RachaelOrin

Volusia 2

StevenGainey

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Jewelry Training

Jewelry Training Classes

Greg Weiss, SMG’s Director of Jewelry Operations and Certified Gemologist held several jewelry training classes this month in Puerto Rico.

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Jewelry Training Ponce area, Puerto Rico! Jewelry Training San Juan area, Puerto Rico!

Jewelry Training

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Jewelry Training San Juan area, Puerto Rico! Jewelry Training Manati area, Puerto Rico!

Weekly Webinar Now in Spanish

The weekly webinars trainings are now in both English and Spanish! Great job Alexsandra Acquino! She is the CI Training Manager and the voice of the webinars in Spanish. Check out the positive employee feedback!

Webinar Training Schedule

Oct 2 - Simple leadership

Oct 9 - Tools 101

Oct 16 - Electronics 101

Oct 23 - Fashion/Apparel 101

Oct 30 - Merchandising

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PROMOTIONS

Edwin Lopez Regional VP of Operations Corporate

Michelle Peck Senior Staff Accountant

Corporate

David Silva

Risk Managment Manager Corporate

Omar Sullivan Key Holder Orlando 1

WELCOME

TOTHETEAM!

We are excited to welcome our new team members!

PUERTO RICO

FLORIDA

Liza Bissainthe Sales Associate Orlando 2

Alexander Cook Sales Associate Orlando 4

Virginia De Pena Apolito Sales Associate Kissimmee 5

Naima Khorssa Sales Associate Miami 1

Bert Lesley Sales Associate Kissimmee 7

Jesus Melgar Villanueva Manager Trainee Miami 1

Austin Selph Sales Associate Orlando 1

Henry Vernon Sales Associate Orlando 2

Nichka Gonzalez de Jesus Auto Title Loan Associate MN1

CARIBBEAN

Mikisha Lincoln Sales Associate

Antigua

Mellanie McLaughlin Sales Associate Cayman

Vincent Marshall Manager in Training Freeport, Bahamas

Samantha Simmonds Sales Associate MayPen, Jamaica

Alison Legros Sales Associate Uptown, Turks & Caicos

Theodore Pryce Sales Associate Mandeville, Jamaica

Shaneik Senior Sales Associate Mandeville, Jamaica

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TOP 5 STORES IN NET REVENUE TOP 5 STORES IN NET REVENUE

#1

MIAMI 1

Store Manager: Eloy Estrada

$213,462

HAINES CITY 1

$139,808 #2 #3

Store Manager: Joe Baldyga

PONCE 1

Store Manager: Ricky Rosado

$135,9416 #4

WEST PALM 1

Store Manager: Jihad Saadeh

$128.313 #5

ORLANDO 7

Store Manager: Jonathan Franco

$116,865

SEPTEMBER SEPTEMBER
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#2 11 #1 Josh Ocampo WEST PALM 1 $93,383 $67,835 #2 #3 $62,261 #4 #5 Chanelle Estrada MIAMI 1 Heidy Mena-Zamora MIAMI 1 Jose Pagan ORLANDO 7 $60,287 $58,185 Ricardo Maldonado KISSIMMEE 6 SEPTEMBER SEPTEMBER TOP 5 SALES & LENDING ASSOCIATES IN SALES TOP 5 SALES & LENDING ASSOCIATES IN SALES
SEPTEMBER SEPTEMBER TOP 5 SALES & LENDING ASSOCIATES IN PRODUCTIVITY TOP 5 SALES & LENDING ASSOCIATES IN PRODUCTIVITY #2 12 #1 Marta Santiago Arroyo KISSIMMEE 4 $217,817 $166,360 #2 #3 $148,444 #4 #5 Ricardo Maldonado KISSIMMEE 6 Joshuany Ocampo WEST PALM 1 Juan Martinez Miami 1 $147,911 Luis Fernandez HAINES CITY 2 $141,579
SEPTEMBER SEPTEMBER TOP 5 SALES & LENDING ASSOCIATES IN WARANTY SALES TOP 5 SALES & LENDING ASSOCIATES IN WARANTY SALES #2 13 #1 Heidy Mena-Zamora MIAMI 1 $2,468 $1,937 #2 #3 $1,661 #4 #5 Estefania Rivera MIAMI 1 Robert Cintron KISSIMMEE 2 Jose Pagan ORLANDO 7 $1,286 Roberto Ortiz KISSIMMEE 4 $1,242

Employee Health & Wellness

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Green & Clean

Green & Clean at Manatee 1

Manatee 1 in Bradenton, Florida is getting freshened up!

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Manatee 1 BEFORE Manatee 1 AFTER Manatee 1 BEFORE Manatee 1 AFTER

Green & Clean at Haines City 1

The store entrance and parking lot at Haines City 1, Florida getting a makeover and looking Green & Clean!

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Haines City 1 BEFORE Haines City 1 AFTER Haines City 1 BEFORE Haines City 1 AFTER
Green & Clean

Community events are always a great way to see our customers ! Kissimmee 2 ,Kissimmee 5 and Kissimmee 7 joined forces to collect names for future biz and give away some cool swag!

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IN THE NEWS

A fun and busy Customer Event at Orlando 6!! Customers participated in Giveaways!

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IN THE NEWS

Go Team Kissimmee 4! They organized a series of engaging team building games that not only brought team members closer together but also helped strengthened their team dynamics.

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IN THE NEWS
Congratulations to Vincent (Manager Trainee) from BH1 after successfully completing your training at Orlando 1! Customer Appreciation Event at Orlando 3 Customers participated in a giveaway for a Samsung LED Congratulations to Nestor, Karla and Jose from Orlando 7. All three are in the Q3 Top 10 SLA’s!
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IN THE NEWS
Orlando 3 Over $12K in Sales for the Day! Customers at Orlando 3 participated in a giveaway for a Samsung Laptop! Kissimmee 7 surpasses 900 Google reviews! Great Job 4.9 rating!! Miami 1 has reached 10k followers on Instagram!!

1 Gilenid Rivera Oliveras

1 Jose Rivera Rosado

1 Juana Perez

1 Karla Bernier Alvardo

3 Evelyn Martinez

Cruz

3 Kamel Whyte

Elias Barbosa

Zayas-Flores

Axel Pagan Matias

David Skibinski

Jose-Lovens Suprinvil

Laura Ngo Pimentel

Henry Vernon

Leslie Matthews

Brian Nepa

Vanessa Barreiro

Dan Holman

Jose Pagan

Rafael Deleon

Luis Centeno

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October 4

October 4

October 4

October 4

October 4

October 4

October 6

October 6

October 8

October 8

October 8

October 9

October 10

Xaymara Martinez-Fret

Joel Roman Rivera

Danielle Lloyd

Pedro Torres Morales

Crosby Gest

Lourdes Cruz Matos

Kevin Ramos-Olmeda

Michael Barnette

Lauren Sehwerert

Carmelo Andujar

Evelyn Aguilar

Erica Diaz

Tashara Pilgrim

Jonathan Perez

Jesus, Villanueva

Zulay Gutierrez

Jason Cruz Nieves

Marla Figueroa Ortiz

Lashana Haynes

Carlos Fuentes Perez

Marco Alvarez-Perez

Wilmar Mazo

Samantha Miller

October 10

KIssimmee 6 Backpack Giveaway Event! KIssimmee 6 Backpack Giveaway

October 10

October 11

October 11

October 12

October 13

October 13

October 14

October 15

October 16

October 17

October 17

October 17

October 18

October 18

October 19

October 19

October 20

October 23

October 23

October 24

October 24

October 27

Ramon Rosario October 27

CELEBRATIONS 21
Josean Alvardo Santiago October 27 Erica Villanueva October 28 Bert Lesley October 30 Rishanna Lorde October 30 Juliza Miranda October 30 Stone Shavet October 30 Blanca Perez October 31 Juan Marrero 14 years David Silva 13 years Jeanette Maldonado-Rivera 13 years Rachael Orin 13 years Maicy Velez-Martinez 13 years Kim McComb 11 years Rosa Wedge 11 years Reggie Tisdale 10 years Jose Muniz-Jimenez 10 years Maria Marcana-Lopez 10 years Jefry Colon-Torres 10 years Carl Joseph 10 years Luz Araiza-Pena 9 years Juan Gonzalez 8 years Tasha Thomas 8 years Roberto Cintron 7 years Oriel Cox 7 years Orlando Delgado 6 years Ivan Perez 5 years Karla Torres 4 years Luis Vargas 4 years Katherine Ortiz 3 years Anisdalia Pagan Ortiz 3 years Ruth Martinez 2 years Gissel Olan Beltran 2 years Crosby Gest 2 years Dominique Banks Overton 1 year Lori McDermott 1 year Baily Castleberry 1 year Kevor Burton 1 year Micheala Greene 1 year Karl Morrison 1 year Luis Fernandez October
October
October
October
October
October
October
October
October
Event!
2 Dayana
Victor
4 Neftali

OUR MISSON

To be the largest and most profitable chain of pawn stores in the world.

OUR PURPOSE

To be the best at whatever we do; because our family, customers, community & company deserve it. CORE VALUES

Great Teams

Excellence in Every Role Green and Clean Open Culture of Trust and Accountability

Celebrate Our Accomplishments

Office Address: 2600 Lake Lucien Dr., Suite 116 Maitland, Florida 32751 Tel: (407) 478-7296
Corporate
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