The Company Next Door
Jace Kandle: Lake Kandle (Sewell, NJ)
Jan 14, 2021
Season 3
Episode 4
Ete AhPing
Today Ete sits down with Jace Kandle of Lake Kandle.
About Jace
- South Jersey native
- Partner at Lake Kandle, a family-owned 86-acre destination campground and swim club in it’s 60th year
- 24-7 manager during the season
- Big time fan of Atomic Square
What helped him get to where he is today
- Not starting from scratch: stepping into an established family business that was already a recognized South Jersey institution (2:02)
- Learning from the past: seeing what to do when you inherit $1,000,000 in debt (10:21)
- Education: an international business and history degree (17:23)
- Making the personal choice: being able to grow up in the business and then choosing to become a part of it (22:36)
- Outside support: trustee of NJCOA - access to good information, and advocacy through an industry organization (26:51)
- A restorative resource: exercise - finding clarity through running (30:05)
- Understanding parents: parents with realistic expectations of kids (33:38)
- Purpose: enjoying the chance to work with and to help young people grow (37:21)
- A restorative resource: Nature: getting to connect with Nature (38:46)
The hard parts: memorable learning experiences (mistakes), difficulties, and challenges along the way
- Managing dozens of employees, mostly young, inexperienced teens (31:00)
- Dealing with unexpected problems out of his control. Feeling “helpless.” (26:17)
- Covid: how it affected business, feeling helpless, dealing with expectations, and questions with no answers (26:18)
- Challenge of learning to delegate more (34:30)
- Transition between the season and off-season and back (34:50)
- Nonstop work: Being there 24-7. Not having “a life” during the season. (20:13)
Major Insights
- Running a small business is “a high stakes poker game. Every day.” All your eggs are “in one basket.” (23:50)
- You can do everything right and still have your business fail. The unexpected happens. (24:19)
- “Everyday ends.” (25:15)
- “You have to be fluid, because, you know, things change. Things change really quick...Figure out what people want.” (32:50)
- “Be patient...It’s gonna take a whole lot of work.” (39:31)
- Watch your expectations for happiness. Invest in the “meat and potatoes,” not the “quick hits.” (44:34)
- “Happiness is feeling purpose.” (45:45)
Miscellaneous Good Stuff
- South Jersey is not a dump. (:24)
- A kid’s dream: full time Sega, wiffle ball and jailbreak (3:47)
- First tractor accident. At 7. (14:39)
- Taking over the family business: “It was like Lion King...I can't wait to be king.” : ) (15:47)
- Trying to be an engineer. “But uh, then physics hit. And there she went.” (16:53)
- Yes, please: The Kandle family tradition we want to institute too. (40:06)