Podcast summary and Notes on "founderfriendly"

Hungry for Experience

How do you build a restaurant chain with lines out the door? Dylan Lewis caught up with Ron Shaich, the former CEO of Panera and Au Bon Pain, the current Chairman of Cava, and author of the upcoming book Know What Matters: Lessons from a Lifetime of Transformation. At a live Motley Fool member event in New York, they discuss: Past, present, and future cravings of the American eater Fighting against the “pervasive short-termism in our capital markets. And the future of automation in food Ticker discussed: CAVA Host: Dylan Lewis Guest: Ron Shaich Producer: Mac Greer, Mary Long Engineer: Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Motley Fool Money

enOctober 29, 2023

Lessons Learned from Investing in 22 Companies (Pt.2) | Ep 609

“The way you act during the deal process is a great predictor for us or a great measuring stick for us to see how you're gonna act afterwards.” Today, Alex (@AlexHormozi) discusses the importance of being founder-friendly in investment decisions and prioritizing the qualities of the founder over the business. He also shares his views on private equity models and the need for hard conversations in unlocking business growth.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(0:40) Founder-friendly approach during deal process.

(10:02) Prioritize founder over the business.

(18:53) Theory of constraints in investment decisions.

(29:13) Disruptability by AI and bigger companies.

(34:36) Business doesn't require perfection or compounding vehicle.

(40:22) A "gray hair" on the team is needed.

(44:43) Checklist for selection as a portfolio company.

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The Game w/ Alex Hormozi

enSeptember 21, 2023

leadership