#360 Robert Kierlin: Founder of Fastenal
Founders12 Aug 2024

#360 Robert Kierlin: Founder of Fastenal

Since its founding in 1967 Fastenal has grown from a small fastener store in Winona, Minnesota, into a multibillion-dollar global organization. How did a small town “nuts and bolts” shop become one of the world's most dynamic growth companies? Whenever asked, company founder Bob Kierlin attributes Fastenal's success to the company's high-quality employees and their commitment to a common goal: Growth Through Customer Service. What I learned from reading The Power of Fastenal People by Robert Kierlin. ---- Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ---- Build relationships with other founders, investors, and executives at a Founders Event ---- Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ---- Join my free email newsletter to get my top 10 highlights from every book ---- Follow Founders Podcast on YouTube (Video coming soon!) ---- Other books mentioned in this episode: Les Schwab Pride In Performance: Keep It Going! by Les Schwab. Sam Walton: Made In America by Sam Walton. All I Want To Know Is Where I'm Going To Die So I'll Never Go There: Buffett & Munger – A Study in Simplicity and Uncommon, Common Sense by Peter Bevelin. Bloomberg by Michael Bloomberg. Born of This Land: My Life Story by Chung Ju-yung. The Bugatti Story by L’Ebe Bugatti. Sol Price: Retail Revolutionary by Robert Price. How To Make A Few Billion Dollars by Brad Jacobs. ---- “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 ---- 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

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#369 Elon Musk and The Early Days of SpaceX

#369 Elon Musk and The Early Days of SpaceX

What I learned from rereading Liftoff: Elon Musk and the Desperate Early Days That Launched SpaceX by Eric Berger.  ---- Ramp gives you everything you need to control spend, watch your costs, and opti...

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Steve Jobs  and Edwin Land

Steve Jobs and Edwin Land

What I learned from rereading Instant: The Story of Polaroid by Christopher Bonanos.  ---- Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations...

20 Okt 20241h 2min

#368 Rockefeller's Autobiography

#368 Rockefeller's Autobiography

What I learned from rereading Random Reminiscences of Men and Events by John D. Rockefeller.  ---- Ramp gives you everything you need to control spend, watch your costs, and optimize your financial op...

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#367 Inside the Contrarian Mind of Sam Zell

#367 Inside the Contrarian Mind of Sam Zell

What I learned from reading Money Talks, Bullsh*t Walks: Inside the Contrarian Mind of Billionaire Mogul Sam Zell by Ben Johnson. ---- Ramp gives you everything you need to control spend, watch your c...

8 Okt 202450min

#366 Mr. Beast Leaked Memo

#366 Mr. Beast Leaked Memo

What I learned from reading How To Succeed in Mr. Beast Production and how ideas from Sam Zell, Charlie Munger, Nick Sleep, Warren Buffett, Sam Zemurray, Bob Kierlin, Steve Jobs, Li Lu, Edwin Land, La...

27 Sep 202444min

#365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters to Partners

#365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters to Partners

The best investors are not investors at all. They're entrepreneurs who have never sold. — Nick Sleep Nick Sleep’s letters are a masterclass on the importance of understanding the underlying reality of...

16 Sep 202455min

#364 Nick & Zak's Excellent Adventure: How Nick Sleep and Qais Zaharia Built Their Investment Partnership

#364 Nick & Zak's Excellent Adventure: How Nick Sleep and Qais Zaharia Built Their Investment Partnership

How Nick Sleep and Qais Zakaria built their radically unconventional investment partnership. From the incredible book Richer, Wiser, Happier: How The World's Greatest Investors Win In Markets and Life...

10 Sep 202444min

#363 Li Lu and Charlie Munger and Warren Buffett

#363 Li Lu and Charlie Munger and Warren Buffett

I sent a friend this text: I'm working on another Li Lu episode but this one is about his remarkable investing career. Can be summarized by: 1. Studied Buffett and Munger. 2. Did that. Last episode wa...

6 Sep 20241h 24min

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