#45 Built From Scratch: How A Couple of Regular Guys Grew The Home Depot from Nothing to $30 Billion
Founders5 Marras 2018

#45 Built From Scratch: How A Couple of Regular Guys Grew The Home Depot from Nothing to $30 Billion

What I learned from reading Built From Scratch: How A Couple of Regular Guys Grew The Home Depot from Nothing to $30 Billion by Bernie Marcus and Arthur Blank. --- The creation of The Home Depot began with two words: "You're fired!" [0:01] Blinders on focus on the customer [5:45] Learning how not to manage people from Ming the Merciless [8:37] Meeting Ken Langone / the prehistory of Home Depot [11:00] 81% private / 19% public partnerships [18:40] Ken sells to Ming. Predicts Ming will fire Bernie [28:30] Getting fired was the best thing that ever happened [35:00] Bernie Marcus at 49 years old: little cash and a ruined reputation [38:15] How Bernie Marcus walks away from Ross Perot [38:50] The importance of equity [49:19] Do not work with people who don't know how to care about other people [51:00] How they got the money to open The Home Depot [55:30] The critical importance of selling at the right price [58:32] Knowing the right way to do something by seeing it done the wrong way [1:08:54] Mistakes can teach us we're never as smart as we think we are [1:11:25] ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

Jaksot(436)

Red Bull's Billionaire Maniac Founder

Red Bull's Billionaire Maniac Founder

I'm reposting one of my favorite founder stories. If you listened to this first time I recommend listening again. If you missed this before, you're about to hear one of the wildest founder stories of ...

25 Marras 202559min

#405 How Rockefeller Worked

#405 How Rockefeller Worked

This episode covers the insanely valuable company-building principles of John D. Rockefeller—and nothing else. I spent over 40 hours reading (and rereading) this obscure biography of Rockefeller tha...

17 Marras 202558min

My conversation with Todd Graves

My conversation with Todd Graves

Todd Graves is one of my favorite living founders. He owns over 90% of Raising Canes — a business that is worth at least $20 billion. Todd's maxim is "Do one thing and do it better than anyone else." ...

9 Marras 20252h

#404 How Larry Ellison Thinks

#404 How Larry Ellison Thinks

This episode covers the unique way Larry Ellison thinks. I spent over 40 hours reading (and rereading) this book on Ellison written by Matthew Symonds. ⁠ I then spent several days editing down 40 ...

4 Marras 20251h 2min

My Conversation with Brad Jacobs

My Conversation with Brad Jacobs

I’ve started a new show where I have conversations with the greatest living Founders. The show is called David Senra. It will be on a separate podcast feed from Founders.  So it is very important tha...

28 Loka 20252h 4min

#403 How Jensen Works

#403 How Jensen Works

This episode covers the insanely valuable company-building principles of Jensen Huang—and nothing else. I spent over 40 hours reading (and rereading) this book on Jensen and Nvidia written by Tae Kim...

20 Loka 202555min

My Conversation with Michael Dell

My Conversation with Michael Dell

I’ve started a new show where I have conversations with the greatest living Founders. The show is called David Senra. It will be on a separate podcast feed from Founders.  So it is very important tha...

13 Loka 20251h 32min

#402 Thomas Peterffy: The $80 Billion Founder Who Automates Everything

#402 Thomas Peterffy: The $80 Billion Founder Who Automates Everything

I didn’t know who Thomas Peterffy was. I was shocked to learn that he is 81 years old, worth $80 billion dollars, and has built his $120 billion company, Interactive Brokers, into one of the most effi...

5 Loka 202531min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
rss-rahapodi
mimmit-sijoittaa
rss-lahtijat
rahapuhetta
rss-porssipuhetta
rss-neuvottelija-sami-miettinen
rss-rahamania
rss-paasipodi
rss-porssipodi
ostan-asuntoja-podcast
oppimisen-psykologia
rss-strategian-seurassa
rss-h-asselmoilanen
rss-bisnesta-bebeja
rss-merja-mahkan-rahat
rss-inderes
rss-40-ajatusta-aanesta
rss-draivi