TThe Diary of a CEO
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25 July 2022

Soho House Founder: How I Built The World’s Most Exclusive Club: Nick Jones

4Frameworks
12Insights

Frameworks in this episode

Insights & moments

The myth-busts, hot takes, explainers, and tools worth keeping.

Hot Take· 1

Hot Take54:00

Jones thinks everyone should spend a year in hospitality

Jones argues that hospitality should function like a form of national service because it teaches people to work with colleagues from different backgrounds and coordinate around a customer. He also values the practical competence it builds, from making a bed and clearing a table to making a cocktail. This is Jones's opinion about the sector's educational value, not an established comparison with university education.

  • Hospitality requires coordination across visible and behind-the-scenes roles.
  • Jones says the work reduced his shyness and improved his ability to relate to people.
  • He values practical household and service skills learned on the job.
  • He provocatively says interpersonal ability can be more useful than a maths degree.

it should be the national service

Nick Jones · 54:00

you all have to work together to make it happen

Nick Jones · 54:30
#hospitality#education#social skills#teamwork

Explainer· 1

Explainer56:00

Physical membership creates room for unplanned connections

Jones says Soho House aims to help members flourish socially and professionally by putting creatively minded people in shared physical spaces. He describes members arriving alone, meeting others by chance, and forming businesses, ideas, friendships, and relationships. He also highlights mentoring intended to connect established creative people with those who lack money or access to the right doors.

  • The intended product is member flourishing, not merely access to a venue.
  • Repeated physical proximity enables unscheduled encounters.
  • The membership spans established and aspiring creative people.
  • Jones presents mentoring as a way to extend opportunity beyond those who can afford membership.

we want our member to do is flourish

Nick Jones · 56:00

i've seen businesses created i've seen relationships created friendships created ideas created

Nick Jones · 56:30
#community#membership#mentoring#human connection

Story· 5

Story02:30

Dyslexia narrowed Nick Jones's conventional options at school

Jones says he struggled with exams, spelling, and pronunciation and was labelled unintelligent when dyslexia was less widely understood. His diagnosis at 12 brought support, but limited exam results still led him to rule out university and consider hospitality after a careers adviser suggested catering.

  • His mother helped secure an unusually early dyslexia diagnosis.
  • Extra exam time did not address what he felt he needed.
  • He says people with dyslexia were often labelled unintelligent at the time.
  • Limited qualifications made catering one of his few clear routes.

i'm hugely dyslexic

Nick Jones · 02:30

there was really not a lot of choice

Nick Jones · 08:00
#dyslexia#education#career#childhood
Story09:30

A hostile hotel kitchen helped bring Jones out of his shyness

Jones recalls beginning a Trust House Forte management course in a hotel kitchen, where a chef insulted him and threw him a sack of potatoes. Despite cutting his finger on his first task and entering an unfamiliar, demanding environment, he says the kitchen taught him to get along with people from outside his private-school background and made him less shy.

  • He had frozen in an earlier Savoy training-course interview.
  • The kitchen involved long hours and an abrasive early-1980s culture.
  • He learned on the job and made repeated mistakes.
  • He valued the teamwork, social range, food, and pace of the environment.

i just got stage fright

Nick Jones · 10:00

i was coming out my shyness

Nick Jones · 12:30
#hospitality#shyness#learning#teamwork
Story29:00

A rent agreement financed the first Soho House fit-out

When offices above Café Boheme became available, Jones saw the possibility of a home-like private club but lacked investment capital. Landlord Paul Raymond declined to invest directly, then offered to fund the fit-out and recover the money through higher rent. Jones later merged the club with the company whose earlier backers had supported his failed restaurant, saying he did not want to succeed while they suffered elsewhere.

  • The private-members-club idea emerged from available space rather than a long-standing plan.
  • Jones had not previously belonged to the established private clubs he might have copied.
  • The landlord converted fit-out capital into a rent obligation.
  • Jones restored earlier investors' economic participation by merging the businesses.

there was no plan to do a private members club

Nick Jones · 29:00

what happens if i put the money in but just added it to your rent

Nick Jones · 31:00
#soho house#financing#ownership#founding
Story36:00

Soho House New York survived permits, scarce cash, and 9/11

Jones describes trying to open Soho House in a former electrical warehouse in Manhattan's Meatpacking District while raising money from members and local contacts. He witnessed the attacks of September 11 during the trip for a community-board meeting; the meeting proceeded two days later and granted permission. The opening remained precarious, with unfinished work and no hot water, but the club eventually opened and attracted members.

  • The Meatpacking District was run-down when the warehouse was found.
  • UK banks were not prepared to finance the New York expansion.
  • Jones says he witnessed the second plane's impact after hearing the first crash.
  • Guests initially had to use a nearby gym for hot showers.

we got our permission

Nick Jones · 39:30

people had to go down to a local gym for hot water

Nick Jones · 42:00
#new york#9/11#expansion#resilience
Story40:00

A hard-hat dinner turned David Bowie into an investor

While the New York site was still a building site, Jones organised a dinner with a six-burner stove, a white tablecloth, and what he calls a mixture of grit and glamour. David Bowie attended, asked whether he could buy the idea, and then agreed to invest when Jones explained that the unfinished business needed investment instead.

  • Jones repeatedly showed prospective backers around the unfinished warehouse.
  • The dinner made the intended atmosphere tangible before the venue existed.
  • Bowie first asked whether the concept was available to buy.
  • Jones says Bowie's investment helped create momentum for the raise.

it was real grit and glamour

Nick Jones · 41:00

can you invest in it yes

Nick Jones · 41:30
#david bowie#fundraising#new york#hospitality

Q&A· 3

Q&A43:00

Jones says New York nearly brought the whole business down

Asked why he risked a successful London operation on New York, Jones describes an ambition to see whether a British hospitality concept could work there. He says the attempt nearly endangered the whole company, but at the time he preferred the risk of trying to the later regret of never attempting it. He also wonders whether proving himself to his family contributed to that drive.

  • The expansion was motivated by ambition as well as a commercial opportunity.
  • Jones recognised that the downside could affect the existing company.
  • Avoiding future regret influenced his willingness to continue.
  • He frames the childhood motivation as a possibility, not a settled diagnosis.

at points it nearly took the whole thing down

Nick Jones · 43:30

maybe i was trying to prove to my brothers my family that i could do this

Nick Jones · 44:30
#ambition#risk#regret#motivation
Q&A63:00

Jones would rather be judged as a father than as a founder

When Bartlett asks whether he considers himself successful, Jones distinguishes professional performance from the wider meaning of success. He accepts that Soho House works and continues to grow, but says he would rather be judged as a father and that his children would be the appropriate judges of that part of his life.

  • Jones resists reducing success to running or creating a business.
  • He acknowledges professional success because the company works and grows.
  • He gives greater personal weight to his role as a father.
  • His answer places evaluation of family success with his children rather than himself.

i'd much rather be judged as a father than as someone who runs a business

Nick Jones · 63:00

when things work i presume that's a success

Nick Jones · 64:00
#success#fatherhood#family#identity
Q&A64:00

Going public gave Jones a new operating challenge

Jones says Soho House went public during the pandemic and that he enjoyed the new challenge of engaging with analysts, whom he regarded as smart and potentially helpful in improving the business. He describes membership as recurring income contributing about a third of revenue at the time, while outlining further geographic ambitions in Africa, Asia, and Latin America.

  • The company had been public for roughly 12 months at the interview date.
  • Jones says analyst scrutiny was making the company better.
  • He describes membership as a recurring revenue stream.
  • The next challenge combined public-company performance with continued international openings.

i view all the analysts as smart

Nick Jones · 64:30

a third of our revenues come from membership

Nick Jones · 64:30
#public company#recurring revenue#global expansion#soho house

Takeaway· 2

Takeaway32:00

Early Soho House servers and bartenders grew into senior leaders

Jones names several people who began in frontline roles at the original Soho House and later led major parts of the company. He presents their progression as part of the organisation's long membership and hospitality journey, rather than claiming the company succeeded through his contribution alone.

  • A former server went on to run North America.
  • Another early server later worked in senior membership leadership.
  • An original bartender became managing director of Soho House Design.
  • Jones repeatedly credits long-serving teams and members for the company's development.

people who are right there at the beginning still be part of a company now

Nick Jones · 33:00
#career growth#leadership#hospitality#team
Takeaway46:00

Constant travel hid the need to trust Soho House leaders

Jones says work and family blurred together for years, leaving him exhausted while he tried not to show it. The pandemic challenged his habit of flying between cities for brief visits: teams could stage-manage those windows, while stronger delegation sometimes produced better work because leaders could act without monitoring his reactions. He describes improved balance as a long process, not a problem he fully solved early.

  • Hospitality extended across nights, weekends, and multiple time zones.
  • Exhaustion was his clearest sign that the balance was wrong.
  • Short executive visits did not necessarily reveal normal operations.
  • He concluded that senior leaders needed more trust and responsibility.

i was always knackered i was always sort of pretending not to be

Nick Jones · 47:30

often it worked much better when i wasn't around

Nick Jones · 51:00
#delegation#work-life balance#leadership#travel