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2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
Contact Info:
Website: thebusinessmethod.com/
Apple Podcasts: bit.ly/TheBusinessMethod
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Spotify: bit.ly/SpotifyTheBusinessMethod
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2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
Contact Info:
Website: thebusinessmethod.com/
Apple Podcasts: bit.ly/TheBusinessMethod
Google Podcasts: bit.ly/TheBusinessMethodGooglePodcasts
Spotify: bit.ly/SpotifyTheBusinessMethod
Amazon Music: bit.ly/AmazonTheBusinessMethod
~ Interviewing Billionaires, Billion Dollar Founders
Today on the podcast, we have the former CEO of everyone’s favorite Mexican grill, Chipotle. Monty Moran was the co-CEO of Chipotle, growing their valuation from a few million to $23 billion over his decade with the company. They went from 8 restaurants to 2,000 globally, from a few hundred employees to over 75,000. His whole philosophy of leadership is centered around love. Truly hearing, seeing, and understanding the people around him, and working to make each of the 75,000 Chipotle employees better and happier every day.
Love is Free, Guac is Extra is Monty's most recent book sharing his story of building Chipotle into the global chain that it is today. During his time with Chipotle Monty met one-on-one with somewhere around the number of 20,000 Chipotle employees making this a foundation to understand what his employees were going through, and used this strategy to build a culture that took Chipotle from a regional burrito chain to a global superstar.
Today, Monty shares behind the scenes of Chipotle, the decision making processes they used, how he managed priorities, and the incredible culture that allowed for this rapid growth!
00:32 Who is Monty Moran?
Contact Info:
http://loveisfree.com/
2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
Contact Info:
Website: thebusinessmethod.com/
Apple Podcasts: bit.ly/TheBusinessMethod
Google Podcasts: bit.ly/TheBusinessMethodGooglePodcasts
Spotify: bit.ly/SpotifyTheBusinessMethod
Amazon Music: bit.ly/AmazonTheBusinessMethod
2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
Contact Info:
Website: thebusinessmethod.com/
Apple Podcasts: bit.ly/TheBusinessMethod
Google Podcasts: bit.ly/TheBusinessMethodGooglePodcasts
Spotify: bit.ly/SpotifyTheBusinessMethod
Amazon Music: bit.ly/AmazonTheBusinessMethod
2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
Contact Info:
Website: thebusinessmethod.com/
Apple Podcasts: bit.ly/TheBusinessMethod
Google Podcasts: bit.ly/TheBusinessMethodGooglePodcasts
Spotify: bit.ly/SpotifyTheBusinessMethod
Amazon Music: bit.ly/AmazonTheBusinessMethod
2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
Contact Info:
Website: thebusinessmethod.com/
Apple Podcasts: bit.ly/TheBusinessMethod
Google Podcasts: bit.ly/TheBusinessMethodGooglePodcasts
Spotify: bit.ly/SpotifyTheBusinessMethod
Amazon Music: bit.ly/AmazonTheBusinessMethod
2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
Contact Info:
Website: thebusinessmethod.com/
Apple Podcasts: bit.ly/TheBusinessMethod
Google Podcasts: bit.ly/TheBusinessMethodGooglePodcasts
Spotify: bit.ly/SpotifyTheBusinessMethod
Amazon Music: bit.ly/AmazonTheBusinessMethod
Hello everybody and welcome to The Business Method Podcast. Today, we have a very special guest that we get the fortunate opportunity to chat with. He started out at the ripe age of 9 years old in rural Texas working at his family’s grocery business. During his teenage years he spent most Saturday’s and Summers sweeping the floors and learning the in’s and out’s of the business until after graduating college where he then worked the night shift loading trucks for a year and a half.
He worked in the family business for nearly 5 decades running it as the CEO for 30 of those years and built that company into a wholesale grocery business worth $19 Billion dollars. In 1990, he sold the McLane Company to Sam Walton the founder of Walmart and became the Vice Chairman of Walmart. In 1992, he decided he needed a new challenge and purchased the Houston Astros baseball team, eventually taking the team to the World Series and building them a new stadium. His name is Drayton McLane and he is here on the podcast today, Drayton, welcome to the show!
00:23 Who is Drayton McLane?
01:56 A Billionaire's Networking Hack
05:53 Drayton’s Logic Behind Inviting Competitors in his Facility
07:27 Drayton on Starting Work at 9 Years Old
09:30 The Chapters of Drayton’s Road to Billions
14:05 Drayton’s Take on Entrepreneurs that Skip College and Start a Business
16:55 Helping CEO to be Better as a Member of the Board
22:08 Fears and Anxiety of a Billionaire
26:32 What Drayton Would Do If He Lost It All?
29:00 How Has Drayton Changed Due to Wealth
33:25 Should I Really Keep My Friends From Childhood?
36:22 How to Select Leaders?
42.53 Going From the Grocery Business to a Baseball Team Owner
45:44 How a Billionaire Starts His Day
48:51 Is Being an Entrepreneur Easier or Harder in Today’s World?
50:49 If Drayton Had to Start All Over Again, What Business Would He Get Into?
53:08 Starting in a New Business That Has Never Been Done Before
58:10 Raising Entrepreneurial Children
01:00:52 What’s Great About Being a Billionaire & What Sucks About Being a Billionaire?
01:02:29 Book Every Entrepreneur Should Read
01:05:06 Who Drayton Recommends We Follow
Contact Info:
Website:
https://draytonmclanejr.com/
https://www.mclanegroup.com/
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2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
Contact Info:
Website: thebusinessmethod.com/
Apple Podcasts: bit.ly/TheBusinessMethod
Google Podcasts: bit.ly/TheBusinessMethodGooglePodcasts
Spotify: bit.ly/SpotifyTheBusinessMethod
Amazon Music: bit.ly/AmazonTheBusinessMethod
From the publisher's feed
Most people will never get five minutes with someone who's built a billion-dollar company. The Business Method Podcast gives you dozens of them. Chris Reynolds sits down with billionaires,…