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8 episodes with bernie marcus
2 episodes with bernie marcus
5 episodes with bernie marcus
2 episodes with bernie marcus
3 episodes with bernie marcus
2 episodes with bernie marcus
2 episodes with bernie marcus
2 episodes with bernie marcus
2 episodes with bernie marcus
Boortz pushes back against growing criticism of billionaires, arguing that entrepreneurs and investors create jobs, opportunity, and long-term wealth for others. Using Home Depot co-founder Bernie Marcus as an example, he contends that attacking success and wealth creation ignores the broader economic benefits that businesses can bring to everyday workers and communities.See omnystudio.com/listener for privacy information.
Boortz pushes back against growing criticism of billionaires, arguing that entrepreneurs and investors create jobs, opportunity, and long-term wealth for others. Using Home Depot co-founder Bernie Marcus as an example, he contends that attacking success and wealth creation ignores the broader economic benefits that businesses can bring to everyday workers and communities.Atlanta's ONLY All Conservative News & Talk Station.: https://www.xtra1063.com/See omnystudio.com/listener for privacy information.
Ethan Starr is a researcher and author of Billionaire Trivia, who spent years studying over 250 American billionaires, uncovering the surprising personal stories, pivotal moments, and unconventional paths behind their extraordinary wealth.Episode Sponsor: Fiscal AI is a modern data terminal that gives investors instant access to twenty years of financials, earnings transcripts, and extensive segment and KPI data—use my link for a two-week free trial plus 15% off: https://fiscal.ai/talkingbillions/3:00 — Ethan's upbringing in Amherst, MA — a small college town with no super wealthy residents, shaping his careful attitude toward money.5:00 — The human side of billionaires: "Here's something that money can't fix" — Ethan on billionaires who've lost a child, showing no amount of wealth can shield from tragedy.8:00 — The self-made myth examined: Howard Schultz grew up in public housing; his father's injury and lost health insurance inspired Starbucks' employee benefits. "If you don't make mistakes, you're not trying hard enough."11:00 — Childhood traits of future billionaires: Jeff Bezos's intense focus, Michael Dell's obsession with shortcuts, Bill Gates reading books at dinner. Yet "I don't think there are any specific childhood traits that consistently predict who's going to become a billionaire."15:00 — Getting fired as a launchpad: Bernie Marcus dropped his lawsuit, co-founded Home Depot. Bloomberg's $10M severance funded Bloomberg LP. "To make billions, you have to own a business."19:00 — The power of pivoting: one billionaire switched from running an airline to leasing planes; Daniel Lubetzky created KIND Bars from a snack he wished existed.22:00 — Naming and luck: Google was originally "BackRub." Mark Cuban's broadcast.com sale to Yahoo for $5.7B at the dot-com peak.25:00 — Being unreasonable: Eli Broad's philosophy. Todd Graves limits Raising Cane's to five menu items while Michael Dell offered infinite customization — both unconventional, both successful.27:00 — Collector psychology and obsessive focus: Spielberg and Lucas collected Norman Rockwell paintings as fellow storytellers.30:00 — The space race: Bezos, Musk, Isaacman — pushing frontiers but risking everything, including their lives.38:00 — Political ambitions: Bloomberg as NYC mayor; billionaires deploying management skills in public service.42:00 — A world without billionaires: Ethan's take on wealth redistribution vs. wealth creation, and the slowing giving pledge.48:00 — Future billionaires: high-margin businesses, software, consumer products. "Start a business that can serve a lot of customers."52:00 — Defining success beyond money: "Success is making a positive difference" — Ethan's tribute to his fifth-grade teacher who left a lasting legacy.
THE RETREAT FROM WOKE CAPITALISM AND RETURN TO THE BOTTOM LINE Colleague Charles Gasparino. Gasparino describes a current retreat from "woke capitalism" as firms like BlackRock and Goldman Sachsface financial losses and consumer pushback. Citing Home Depot co-founder Bernie Marcus, he concludes that prioritizing political activism over shareholder returns is counterproductive, asserting that businesses are now pivoting back to the bottom line. NUMBER 4
Knowledge Project: Read the notes at at podcastnotes.org. Don't forget to subscribe for free to our newsletter, the top 10 ideas of the week, every Monday --------- Bernie Marcus is the co-founder and former CEO of Home Depot. This is how he built a culture of ownership, kept going when everyone turned him down, nearly lost it all, and created one of the most successful retailers in history. ----- Approximate Timestamps: (00:00) Introduction (02:00) Part 1: An Accidental Miracle (09:29) Part 2: A Golden Horseshoe Kick (25:49) Part 3: Building From Nothing (38:53) Part 4: Orange Everywhere (49:40) Part 5: The Legacy (54:17) Lessons ----- Upgrade: Get a hand edited transcripts and ad free experiences along with my thoughts and reflections at the end of every conversation. Learn more @ fs.blog/membership------Newsletter: The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it's completely free. Learn more and sign up at fs.blog/newsletter------ Follow Shane Parrish:X: https://x.com/shaneparrish Insta: https://www.instagram.com/farnamstreet/ LinkedIn: https://www.linkedin.com/in/shane-parrish-050a2183/ ------ Thank you to the sponsors for this episode: .tech domains: Nothing says tech like being on .tech https://get.tech/ reMarkable: Get your paper tablet at https://www.reMarkable.com today ----- Sources: Marcus, Bernie, and Arthur Blank. Built from Scratch: How a Couple of Regular Guys Grew The Home Depot from Nothing to $30 Billion. New York: Crown Business, 1999. Best Practice Institute. "Bernie Marcus Interview." YouTube video. https://www.youtube.com/watch?v=KNP0YYDi1FY. ----- This episode is for informational purposes only. Learn more about your ad choices. Visit megaphone.fm/adchoices
Knowledge Project Intro Sixteen lessons learned from Bernie Marcus, the outlier: Bad money is worse than no money.Outcome over ego.Every customer is on loan.Bureaucracy is a fungus.Pitchers need Catchers.Promotions are an addiction; low prices are a discipline.It's not a value until it costs you money.Win-Win or walk away.Hire people better than you.The best information isn't in a spreadsheet; it's in the customer walking out empty-handed.Invisible benefits often outweigh visible costs.The one-man show doesn't scale.Instincts beat spreadsheets.The money is the scorecard, not the motivator.You're never as smart as you think you are.Sometimes the company outgrows the people.Home Depot's “Customer Bill of Rights” – the six things a customer wants to pay for: 1. The right assortment2. The right quantities3. The right price4. Associates on the sales floor who want to take care of customers5. Associates who have been properly trained in product knowledgeCulture isn't what you say, it's what you repeatedly do Read the full notes @ podcastnotes.orgBernie Marcus is the co-founder and former CEO of Home Depot. This is how he built a culture of ownership, kept going when everyone turned him down, nearly lost it all, and created one of the most successful retailers in history. ----- Approximate Timestamps: (00:00) Introduction (02:00) Part 1: An Accidental Miracle (09:29) Part 2: A Golden Horseshoe Kick (25:49) Part 3: Building From Nothing (38:53) Part 4: Orange Everywhere (49:40) Part 5: The Legacy (54:17) Lessons ----- Upgrade: Get a hand edited transcripts and ad free experiences along with my thoughts and reflections at the end of every conversation. Learn more @ fs.blog/membership------Newsletter: The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it's completely free. Learn more and sign up at fs.blog/newsletter------ Follow Shane Parrish:X: https://x.com/shaneparrish Insta: https://www.instagram.com/farnamstreet/ LinkedIn: https://www.linkedin.com/in/shane-parrish-050a2183/ ------ Thank you to the sponsors for this episode: .tech domains: Nothing says tech like being on .tech https://get.tech/ reMarkable: Get your paper tablet at https://www.reMarkable.com today ----- Sources: Marcus, Bernie, and Arthur Blank. Built from Scratch: How a Couple of Regular Guys Grew The Home Depot from Nothing to $30 Billion. New York: Crown Business, 1999. Best Practice Institute. "Bernie Marcus Interview." YouTube video. https://www.youtube.com/watch?v=KNP0YYDi1FY. ----- This episode is for informational purposes only. Learn more about your ad choices. Visit megaphone.fm/adchoices
Knowledge Project Intro Sixteen lessons learned from Bernie Marcus, the outlier: Bad money is worse than no money.Outcome over ego.Every customer is on loan.Bureaucracy is a fungus.Pitchers need Catchers.Promotions are an addiction; low prices are a discipline.It's not a value until it costs you money.Win-Win or walk away.Hire people better than you.The best information isn't in a spreadsheet; it's in the customer walking out empty-handed.Invisible benefits often outweigh visible costs.The one-man show doesn't scale.Instincts beat spreadsheets.The money is the scorecard, not the motivator.You're never as smart as you think you are.Sometimes the company outgrows the people.Home Depot's “Customer Bill of Rights” – the six things a customer wants to pay for: 1. The right assortment2. The right quantities3. The right price4. Associates on the sales floor who want to take care of customers5. Associates who have been properly trained in product knowledgeCulture isn't what you say, it's what you repeatedly do Read the full notes @ podcastnotes.orgBernie Marcus is the co-founder and former CEO of Home Depot. This is how he built a culture of ownership, kept going when everyone turned him down, nearly lost it all, and created one of the most successful retailers in history. ----- Approximate Timestamps: (00:00) Introduction (02:00) Part 1: An Accidental Miracle (09:29) Part 2: A Golden Horseshoe Kick (25:49) Part 3: Building From Nothing (38:53) Part 4: Orange Everywhere (49:40) Part 5: The Legacy (54:17) Lessons ----- Upgrade: Get a hand edited transcripts and ad free experiences along with my thoughts and reflections at the end of every conversation. Learn more @ fs.blog/membership------Newsletter: The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it's completely free. Learn more and sign up at fs.blog/newsletter------ Follow Shane Parrish:X: https://x.com/shaneparrish Insta: https://www.instagram.com/farnamstreet/ LinkedIn: https://www.linkedin.com/in/shane-parrish-050a2183/ ------ Thank you to the sponsors for this episode: .tech domains: Nothing says tech like being on .tech https://get.tech/ reMarkable: Get your paper tablet at https://www.reMarkable.com today ----- Sources: Marcus, Bernie, and Arthur Blank. Built from Scratch: How a Couple of Regular Guys Grew The Home Depot from Nothing to $30 Billion. New York: Crown Business, 1999. Best Practice Institute. "Bernie Marcus Interview." YouTube video. https://www.youtube.com/watch?v=KNP0YYDi1FY. ----- This episode is for informational purposes only. Learn more about your ad choices. Visit megaphone.fm/adchoices
Bernie Marcus is the co-founder and former CEO of Home Depot. This is how he built a culture of ownership, kept going when everyone turned him down, nearly lost it all, and created one of the most successful retailers in history. ----- Approximate Timestamps: (00:00) Introduction (02:00) Part 1: An Accidental Miracle (09:29) Part 2: A Golden Horseshoe Kick (25:49) Part 3: Building From Nothing (38:53) Part 4: Orange Everywhere (49:40) Part 5: The Legacy (54:17) Lessons ----- Upgrade: Get a hand edited transcripts and ad free experiences along with my thoughts and reflections at the end of every conversation. Learn more @ fs.blog/membership------Newsletter: The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it's completely free. Learn more and sign up at fs.blog/newsletter------ Follow Shane Parrish:X: https://x.com/shaneparrish Insta: https://www.instagram.com/farnamstreet/ LinkedIn: https://www.linkedin.com/in/shane-parrish-050a2183/ ------ Thank you to the sponsors for this episode: .tech domains: Nothing says tech like being on .tech https://get.tech/ reMarkable: Get your paper tablet at https://www.reMarkable.com today ----- Sources: Marcus, Bernie, and Arthur Blank. Built from Scratch: How a Couple of Regular Guys Grew The Home Depot from Nothing to $30 Billion. New York: Crown Business, 1999. Best Practice Institute. "Bernie Marcus Interview." YouTube video. https://www.youtube.com/watch?v=KNP0YYDi1FY. ----- This episode is for informational purposes only. Learn more about your ad choices. Visit megaphone.fm/adchoices
Go Woke, Go Broke: The Financial Backlash and Corporate Retreat — Charles Gasparino — Gasparino reports that woke capitalism is experiencing significant financial retrenchment as corporations suffer bottom-line consequences. BlackRock experienced approximately $14 billion in asset withdrawals, and financial institutions including Goldman Sachs are dismantling diversity programs. CEOs are systematically abandoning progressive political commitments as financial performance deteriorates, recognizing that woke agendas alienate the broader American consumer base. Home Depot founder Bernie Marcus contends that the ideological struggle continues and characterizes most CEOs who embraced wokeness as "cowards" reflexively following prevailing political sentiment. 1943
Kyle Grieve discusses the incredible origin story of Home Depot and the visionary founders who built it from nothing. He explores how Bernie Marcus, Arthur Blank, and Ken Langone overcame countless setbacks to create a retail powerhouse. Kyle also shares timeless business lessons on leadership, culture, and competitive advantage that continue to define Home Depot's success today. IN THIS EPISODE YOU'LL LEARN: 00:00:00 - Intro 00:06:13 - The setbacks that sparked Home Depot's creation after Bernie and Arthur were fired 00:09:35 - Why Ken Langone saw Bernie's firing as a billion-dollar opportunity in disguise 00:12:15 - How a handshake and a Cadillac nearly killed Home Depot's first funding deal 00:14:51 - The moment Bernie found his “dream store” was already built… by a competitor 00:19:07 - Why J.C. Penney's struggling subsidiary became the key to Home Depot's first stores 00:27:05 - How warehouse grit, not polish, became central to Home Depot's brand identity 00:27:59 - The creative $2 promotion that packed stores and put Home Depot on the map 00:31:06 - The critical lessons from Sears' fall that shaped Home Depot's management philosophy 00:35:43 - How Sam Walton's “everyday low prices” transformed Home Depot's margins forever 00:52:00 - Four timeless leadership and culture principles that still drive Home Depot's success Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Buy Built From Scratch here. Listen to TIP655: Nike: From Humble Beginnings to Global Domination here. Follow Kyle on X and LinkedIn. Related books mentioned in the podcast. Ad-free episodes on our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Simple Mining Human Rights Foundation Kubera HardBlock Unchained Onramp Vanta Linkedin Talent Solutions Public.com Netsuite Shopify Abundant Mines Horizon Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Download Gary's 13 Keys to Creating a Multi-Million Dollar Business from https://www.DitchDiggerCEO.com/Dave Bolotsky (@UncommonGoods) is the founder and CEO of Uncommon Goods, a pioneering online marketplace known for its handcrafted, ethically made products and its people-first business model. A former Goldman Sachs retail analyst who traded spreadsheets for storytelling, Dave built Uncommon Goods from his New York apartment into one of the most values-driven eCommerce companies in America.In this conversation with Gary Rabine, Dave shares the lessons he learned from icons like Sam Walton and Bernie Marcus, how he survived the dot-com crash, and why he believes business can — and must — be both profitable and purposeful.In this episode, Gary and Dave discuss:Building a business from the ground up with grit, values, and zero outside fundingHow to lead through crisis — and why firing people taught him his most powerful leadership lessonThe culture of ownership: why Dave meets every new hire and gives employees a stake in successCompeting with Amazon through creativity, relationships, and exclusivityThe enduring impact of purpose-driven leadership and “shared prosperity”LinkedIn: https://www.linkedin.com/in/dave-bolotsky/ Website: https://www.uncommongoods.com/ Facebook: https://www.facebook.com/uncommongoods/ X: https://x.com/uncommongoods Connect with Gary Rabine and DDCEO on: Website: https://www.DitchDiggerCEO.com/ Instagram: https://www.instagram.com/DitchDiggerCEOTikTok: https://www.tiktok.com/@ditchdiggerceopodcast Facebook: https://www.facebook.com/DitchDiggerCEOTwitter: https://twitter.com/DitchDiggerCEO YouTube: https://www.youtube.com/@ditchdiggerceo
Send us a textHow do you build something massive without waiting on anyone? You do it yourself. In this episode, I break down Bernie Marcus' billion-dollar mindset and why taking action without permission is the only way forward.Support the show
#198: Joe Scarlett is the former CEO, President, and Chairman of Tractor Supply Company. He spent nearly thirty years in leadership roles with the company. Today Joe is engaged in teaching and writing about leadership, working in the family foundation, and striving to improve Tennessee.In 1982 Scarlett played a key role in the initiative to return the company to profitability through improved customer service and focused product selection as part of a classic leveraged buyout. He was instrumental in developing the company culture which today is admired and often copied. In 1994 Joe led the successful effort to take the company public.Tractor Supply Company was honored by Forbes as one of the “Best Managed Companies in America” and Scarlett was recognized as Ernst & Young's Southeast Entrepreneur of the Year. Joe also served twenty years on the board of the nation's largest retail trade organization, including four as its chairman.On the show Joe shares his story of growing up, hard work, common sense, working at Two Guys Discount Store alongside Bernie Marcus who went on to found The Home Depot, leading and growing Tractor Supply Co, focusing on people, listening to the customer, using the corporate jet (aka Southwest Airlines), adapting, over 50 years of marriage, intentionality with your kids, and much more. For more on Joe his book newsletter and foundation check out joescarlett.com as well as scarlettfoundation.org Enjoy the show!
Jasi's Holiday Sing-Along. Filomen M. D'Agostino Greenberg Music School performance at the Met (Sing-Along included). Siena (at the Met). Back Scratching. (It's a Thing). Stephen King bows out of the Radio Business. The Eisenhower Highway. Heidi. Really? Yes. Bernie Marcus. Richard Cash. Credits: Talent: Tamsen Granger and Dan Abuhoff Engineer: Ellie Suttmeier Art: Zeke Abuhoff
It's one of those episodes that seemed totally disjointed but turned out GREAT (kind'a like good ribs)... White Mark the Diversity Hire had Hostus Maximus Justin Fort down to his dungeon for some 6.5 Creedmoor loading and a dissertation on the goodness of bad times - learning to be better (geek it!) with what you can get, such as when the Obama gun shortage taught builders and loaders to make excellent firepower out'a what they could find. Whether it's Winchester, Sta-Bal, Hornaday, Benchmark, Lever Revolutiopn, IMR, Accurate, Hodgon, or CFE, a shooter's got to shoot and a loader's got to load, and everyone got smarter. The original point of the episode was to visit another good side of Uncle Donald getting back into office: brooming the useless bureaucrats like Buttgig and Granholm who've been making a corrupt mockery of the job of the American government (and shine a little light on the effects of four years in Biden's basement). Then it's trucks, rocks, ribs, rubs, a Garage Hour sendoff for excellent weirdo Bernie Marcus of the Home Dee Pot, and a little bit of Herb Alpert, because beer (Red Leg's Spring's Lager).
It's one of those episodes that seemed totally disjointed but turned out GREAT (kind'a like good ribs)... White Mark the Diversity Hire had Hostus Maximus Justin Fort down to his dungeon for some 6.5 Creedmoor loading and a dissertation on the goodness of bad times - learning to be better (geek it!) with what you can get, such as when the Obama gun shortage taught builders and loaders to make excellent firepower out'a what they could find. Whether it's Winchester, Sta-Bal, Hornaday, Benchmark, Lever Revolutiopn, IMR, Accurate, Hodgon, or CFE, a shooter's got to shoot and a loader's got to load, and everyone got smarter. The original point of the episode was to visit another good side of Uncle Donald getting back into office: brooming the useless bureaucrats like Buttgig and Granholm who've been making a corrupt mockery of the job of the American government (and shine a little light on the effects of four years in Biden's basement). Then it's trucks, rocks, ribs, rubs, a Garage Hour sendoff for excellent weirdo Bernie Marcus of the Home Dee Pot, and a little bit of Herb Alpert, because beer (Red Leg's Spring's Lager).
Boortz joins Rhino on The Morning Xtra to talk tarriffs, unions, Bernie Marcus, and much more!Atlanta's ONLY All Conservative News & Talk Station.: https://www.xtra1063.com/See omnystudio.com/listener for privacy information.
Boortz reflects on the life and outstanding character of Home Depot co-founder Bernie Marcus following his recent passing. See omnystudio.com/listener for privacy information.
Boortz reflects on the life and outstanding character of Home Depot co-founder Bernie Marcus following his recent passing. Atlanta's ONLY All Conservative News & Talk Station.: https://www.xtra1063.com/See omnystudio.com/listener for privacy information.
We spend the first half of the show detailing some of the impact from Tuesday's election on Georgia: From taxes to transit to runoff races. Then we remember billionaire co-founder of Home Depot Bernie Marcus, who died this week. Plus, the late music producer Rico Wade is honored by East Point with monument dedicated by the city and his closest friends and colleagues. Also, we hear an auctioneering prodigy in action. See omnystudio.com/listener for privacy information.
Trump Needs to Be the Ringmaster. The Fix Was on and the Red Mirage. Our Elections Are an Authoritarian Crooked Process. The Future is One Party Rule. Media Blame Game. Post Election Investment Road Map. True Investment Wisdom. The New York Yankees and Your Portfolio. Jim Cramer Didn't Disappoint. The usual crap from the Too Big To Fail Crowd. End of the Republican Party?? Remember the Tea Party?? Red Tape Nation. Subsidies Kill Innovation. Growing out of debt? Florida is Fascist?? God Bless RFK Jr. Are we in a recession Average Homebuyer is 56!!?? Squirrel's Racoons and the 2nd Amendment. RIP in Bernie Marcus. Show Me the Money!! Europe is circling the drain. Pundit Inc. Can we grow our way out of debt? Natural Disasters Shame.
As we remember JCN Founder, Bernie Marcus we'd like to re-share the conversation with him that delves into the challenges faced by small businesses, the impact of government regulations, the American dream, and the future of the economy. Bernie shares his personal journey, the importance of small businesses, and the need for advocacy and support. The conversation also touches on the role of Job Creators Network in representing small businesses and the impact of government policies on the economy. Main Street Matters is part of the Salem Podcast Network - new episodes debut every Wednesday & Friday. For more visit JobCreatorsNetwork.comSee omnystudio.com/listener for privacy information.
Pour one out for Bernie Marcus, a titan of industry. Chicago's best morning radio show now has a podcast! Don't forget to rate, review, and subscribe wherever you listen to podcasts and remember that the conversation always lives on the Q101 Facebook page. Brian & Kenzie are live every morning from 6a-10a on Q101. Subscribe to our channel HERE: https://www.youtube.com/@Q101 Like Q101 on Facebook HERE: https://www.facebook.com/q101chicago Follow Q101 on Twitter HERE: https://twitter.com/Q101Chicago Follow Q101 on Instagram HERE: https://www.instagram.com/q101chicago/?hl=en Follow Q101 on TikTok HERE: https://www.tiktok.com/@q101chicago?lang=enSee omnystudio.com/listener for privacy information.
GDP Script/ Top Stories for November 6th Publish Date: November 6th From the BG AD Group Studio Welcome to the Gwinnett Daily Post Podcast. Today is Wednesday, November 6th and Happy birthday to Glen Frey ***11.06.24 - BIRTHDAY – GLEN FREY*** I'm Keith Ippolito and here are your top stories presented by KIA Mall of Georgia. 1. Gwinnett voters reject transit tax – again 2. Trump carries Georgia four years after losing Peach State 3. Gwinnett's Overstory Rooftop Bar to Host Holiday Cocktail Class Plus, Leah McGrath from Ingles Markets on food apps. All of this and more is coming up on the Gwinnett Daily Post podcast, and if you are looking for community news, we encourage you to listen daily and subscribe! Break 1: 07.14.22 KIA MOG STORY 1: Gwinnett voters reject transit tax – again Gwinnett County voters rejected a proposal to expand transit for the third time in five-and-a-half years, with a 53.7% to 46.3% margin. This marks the fifth rejection of a transit sales tax, including past proposals to join MARTA and expand the county's transit system. The latest proposal aimed to fund a major expansion of Ride Gwinnett through a 1% sales tax, including new routes and microtransit. Some voters skipped the transit tax question, citing confusion and insufficient information. The defeat means transit expansion won't be funded by sales tax but could still proceed through other funding sources. STORY 2: Trump carries Georgia four years after losing Peach State Former President Donald Trump secured Georgia's 16 electoral votes, narrowly defeating Vice President Kamala Harris with 50.8% to her 48.5%, according to projections. With only three rural counties left to report, Trump led by nearly 120,000 votes, significantly outperforming his 2020 loss to Joe Biden by 11,799 votes. This victory in Georgia, along with a win in North Carolina, shifted focus to the "Blue Wall" states for Democrats' hopes of retaining the White House. Trump and Harris both campaigned extensively in Georgia, with Trump holding rallies in rural areas to bolster support. STORY 3: Gwinnett's Overstory Rooftop Bar To Host Holiday Cocktail Class Overstory Rooftop Bar is hosting a Holiday Cocktail Class on Sunday from 3 p.m. to 4 p.m., where guests can enhance their mixology skills by learning to craft two signature holiday cocktails: the Winter Chill and the Fall Spritz (NA). Led by Food and Beverage Director Ashley Castillo, the class will focus on using seasonal ingredients and refining cocktail techniques, perfect for holiday gatherings. The event takes place at the Westin Atlanta Gwinnett in Duluth, and attendees must be 21 or older. Tickets are available online. We have opportunities for sponsors to get great engagement on these shows. Call 770.874.3200 for more info. We'll be right back Break 2: Tom Wages STORY 4: AROUND TOWN: New alleys in Lawrenceville may just bowl you over This edition highlights Lawrenceville's alley revitalization project, a visit by Minnesota Gov. Tim Walz to Gwinnett, and a meeting between Gwinnett's Chairwoman and Vice President Kamala Harris. Lawrenceville is transforming alleys like Shoehorn and Honest Alley into vibrant spaces with landscaping and lighting, funded partly by a grant. Gov. Walz energized Gwinnett Democrats for Kamala Harris' campaign, likening her to a quarterback. Chairwoman Nicole Love Hendrickson greeted Harris in Atlanta, expressing support for her presidential bid. Additionally, School Board Member Adrienne Simmons will host "Sip With Simmons" sessions for community engagement. STORY 5: Bernie Marcus, Co-Founder of The Home Depot, Dies at 95 Bernie Marcus, co-founder of The Home Depot, passed away at 95 in Boca Raton, Florida. Known for his philanthropy, Marcus co-founded the Atlanta-based home improvement giant in 1978 with Arthur Blank. After his career, he focused on charitable work, supporting causes like medical research and Jewish initiatives. The Home Depot, headquartered in Cobb County, mourned his loss, praising his business acumen. Georgia Governor Brian Kemp and other leaders highlighted Marcus's impact on business and philanthropy. Marcus's foundation has awarded over $2.7 billion in grants, supporting various causes, including the Georgia Aquarium and Autism Speaks. Break 3: And now here is Leah McGrath from Ingles Markets on food apps ***INGLES 2 'ASK LEAH' FOOD APPS*** We'll have final thoughts after this. Break 4: Ingles Markets (Quick Meal Foods) 6 Signoff – Thanks again for hanging out with us on today's Gwinnett Daily Post Podcast. If you enjoy these shows, we encourage you to check out our other offerings, like the Cherokee Tribune Ledger Podcast, the Marietta Daily Journal, or the Community Podcast for Rockdale Newton and Morgan Counties. Read more about all our stories and get other great content at www.gwinnettdailypost.com Did you know over 50% of Americans listen to podcasts weekly? Giving you important news about our community and telling great stories are what we do. Make sure you join us for our next episode and be sure to share this podcast on social media with your friends and family. Add us to your Alexa Flash Briefing or your Google Home Briefing and be sure to like, follow, and subscribe wherever you get your podcasts. Produced by the BG Podcast Network Show Sponsors: www.ingles-markets.com www.wagesfuneralhome.com www.kiamallofga.com #NewsPodcast #CurrentEvents #TopHeadlines #BreakingNews #PodcastDiscussion #PodcastNews #InDepthAnalysis #NewsAnalysis #PodcastTrending #WorldNews #LocalNews #GlobalNews #PodcastInsights #NewsBrief #PodcastUpdate #NewsRoundup #WeeklyNews #DailyNews #PodcastInterviews #HotTopics #PodcastOpinions #InvestigativeJournalism #BehindTheHeadlines #PodcastMedia #NewsStories #PodcastReports #JournalismMatters #PodcastPerspectives #NewsCommentary #PodcastListeners #NewsPodcastCommunity #NewsSource #PodcastCuration #WorldAffairs #PodcastUpdates #AudioNews #PodcastJournalism #EmergingStories #NewsFlash #PodcastConversationsSee omnystudio.com/listener for privacy information.
This episode of Main Street Matters features highlights from the Job Creators Network Summit and Gala, including Bernie Marcus' acceptance speech for the Lifetime Freedom Fighter Award. The episode features a speech from Bernie's longtime friend, Mike Leven. Main Street Matters is part of the Salem Podcast Network. For more information visit JobCreatorsNetwork.comSee omnystudio.com/listener for privacy information.
A day before the election of 2024, Home Depot founder Bernie Marcus passed away. After getting fired together from a hardware business in the 1970s, he and a partner started with a few stores in Atlanta--then built Home Depot into a national powerhouse that made them both billionaires. We have that story for you in the Market Intel Segment, then Shelley Grandidge joins us with everything you need to know about Medicare and health insurance. Don't miss it, MASTERING MONEY is on the air!!!
Election Day is finally here! Carl Quintanilla, Jim Cramer and David Faber discussed the markets bracing for results of the presidential election -- as polls show a neck and neck race between Vice President Harris and former President Trump. Cramer explains what the election outcome could mean for certain stocks. The anchors also reacted to shares of Palantir soaring on upbeat results and guidance. The company's CEO Alex Karp cites "unrelenting AI demand." Also in focus: Dollar Tree CEO steps down, Boeing union votes to end strike, fast food and the earnings parade, remembering Home Depot co-founder Bernie Marcus.Squawk on the Street Disclaimer
WHO WOULD YOU RATHER BE/VOTE FOR?Home Depot co-founder, GOP donor Bernie Marcus dead at 95. Berne endorsed Trump in November… 2023 and said two years ago that “Nobody works, nobody gives a damn. Just give it to me. Send me money. I don't want to work — I'm too lazy, I'm too fat, I'm too stupid. We used to have free speech here. We don't have it. The woke people have taken over the world. You know, I imagine today they can't attack me. I'm 93. Who gives a crap about Bernie Marcus?” WHO WOULD YOU RATHER BE?Lead “Independent” Director Gregor BrennemanCEO Ed Decker already on boardDoesn't have to sit on any committees (all other independent directors sit on at least two)$380,000 in pay last year to meet 11 times; one of two directors who didn't even give to charity as part of the board's matching charitable contribution programHas an actual voice that matters (14%); CEO has 25%Director Gerard Arpey$315,000 despite low pressure (only 3% influence)No leadership rules: sits on Nominating Committee with four other directors and FInance Committee with 5 other directorsDoesn't even have a “Real” job: says he has been a partner in Emerald Creek Group, a private equity firm since 2012. Prior to his retirement in 2011, he served as CEO of AMR CorporationEmerald Creeks's website is a picture of an orange grove. In the “news” section of the website the last listed event was from November 29, 2011: Arpey Joins Emerald Creek GroupMeta Permits Its A.I. Models to Be Used for U.S. Military Purposes.Meta will allow U.S. government agencies and contractors working on national security to use its artificial intelligence models for military purposes.Meta said that it would make its A.I. models, called Llama, available to federal agencies and that it was working with defense contractors such as Lockheed Martin and Booz Allen as well as defense-focused tech companies including Palantir and Anduril.Meta's move is an exception to its “acceptable use policy,” which forbade the use of the company's A.I. software for “military, warfare, nuclear industries,” among other purposes.WHO WOULD YOU RATHER BE?Meta Platforms Emperor Mark Zuckerberg72% influence; 61% voting powerWorld's 4th richest person: ~$200BBlah blah blahMeta director John Arnold1% influenceMember on only one committee (Audit & Risk) with 4 other membersNo other directorships; only have a BAreceived an $8M bonus from Enron just before the company filed for bankruptcy; the largest cash bonus ever distributed by the company. Known as "king of natural gas”You work at a place named after you (Arnold Ventures) and you're still just the co-founder and co-chairYour board appointment was announced on Valentine's DayPay will be roughly $500,000 annually. He also received two initial equity grants worth $1.4M In 2007, Arnold became the youngest billionaire in the U.SBoeing Union Approves New Contract, Ending Costly StrikeLeaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59% of members who cast ballots agreed to approve the company's fourth formal offer and the third put to a vote.The new contract will raise wages more than 43 percent cumulatively over the next four years, an improvement over the two previous offers. The first proposal would have raised wages just over 27 percent.The deal also includes a $12,000 ratification bonus, which is four times as much as the bonus in the initial offer, and productivity bonuses.However, Boeing refused to meet strikers' demand to restore a company pension plan that was frozen nearly a decade ago.Bank of America analysts estimated last month that Boeing was losing about $50 million a day during the now-ended strikeWHO WOULD YOU RATHER BE?Current CEO Kelly Ortberg, who inherited a messOr former CEO David Calhoun, who got to step down when he felt like it and got $98M in total summary compensation since 2020Kroger Finalizes $1.37 Billion Opioid Crisis SettlementUnder the agreement, which wasn't an admission of wrong doing or liability by Kroger, the company agreed to pay about $1.2 billion over 11 years and around $177 million over a six-year period, each in equal installments. WHO WOULD YOU RATHER BE?CEO and Chair Rodney McMullen since 2014$94M pay since 2019; ; holds $350M in Kroger stockPay ration 502:1; median associate for 2023 was $31,302; received $600k in dividend payments in 202492% shareholder supportNora A. Aufreiter, chair of the Public Responsibilities Committee that met a whopping 3 times last year; served on our Public Responsibilities Committee for nine years, the last four as chairDirector Emeritus of McKinsey & Company; retired in 2014 after more than 27 years with McKinsey$321,000 last year; holds $3M in Kroger stock98% support from shareholders; 99% last year2% board influence despite having served for a decadeElon Musk and X are epicenter of US election misinformationFalse or misleading claims by billionaire Elon Musk about the U.S. election have amassed 2 billion views on social media platform X this year, according to a report by non-profit group Center for Countering Digital Hate.The platform is also playing a central role in enabling the spread of false information about the critical battleground states that will likely determine the outcome of the presidential raceWHO WOULD YOU RATHER BE?Someone who drives a TeslaOr someone who drives literally anything else, including the vehicle from this headline: Guy makes “dodgy e-bike” from 130 used vapes to make point about e-wasteSouthwest Airlines names Rakesh Gangwal as board chair following Gary Kelly's retirementThe airline brought in the co-founder of India's largest carrier Indigo to its board in July despite criticism from Elliott Investment Management at the time.Gangwal bought Southwest shares worth more than $100 million last month before the airline settled its boardroom feud with Elliott in a deal that allowed CEO Bob Jordan to retain his job by making bigger board-level concessions.Co-founder IndiGo Airlines, former CEO and Chair at US Airways Group; served on the boards of CarMax, Office Depot, OfficeMax and PetSmartWHO WOULD YOU RATHER BE?Rakesh Gangwal Former Southwest CEO and Chair Gary Kelly who remains on the board at Chairman EmeritusNow longest-tenured independent director Douglas BrooksNo leadership roles; owns over $2M in stock; made $305K for board service last year(iii) while serving on the Board, free travel on Southwest Airlines for the Director, the Director's spouse, and the Director's children, as well as 50 one-way flight passes annually that may be used for free travel on Southwest Airlines on an unrestricted basis, and an additional 50 one-way flight passes annually for use by qualified charitable and 501(c)(3) organizations;(iv) subsequent to Board servicea lifetime privilege of 50 one-way flight passes annually that may be used for free travel on Southwest Airlines on an unrestricted basis;lifetime free travel on Southwest Airlines for the Director and the Director's spouseif the Director is deceased, free travel on Southwest Airlines for the Director's spouse for the lifetime of the spouse$75,000 cash when he retiresBarry Diller calls timing of The Washington Post's non-endorsement a ‘blunder'To Barry Diller, a friend of Amazon founder Jeff Bezos, the decision for The Washington Post not to endorse a candidate in tomorrow's presidential election was “absolutely principled” — and poorly timed, he said MondayWhich Barry Diller directorship would you vote for?Expedia Group (27%)Chair and Senior Executive $7MMore influence than CEO Peter KernNearly $2B in equity; about 49% in voting powerThe Coca-Cola Company (8%)$12M in shares; $300k annual pay; 3 board committeesMGM Resorts (9%)One committee no leadership; no board pay; IAC owns 20% of MGM equity ($2.3B)IAC (65%)Chair and Senior Executive $3M43% voting power; $650M equityLet's end in Omaha, where the small Nebraska district may decide our next president: Warren Buffett skipped endorsing a presidential candidate this election as many CEOs retreat from politics. WHO WOULD YOU RATHER BE?America's cuddly rich man Warren Buffett, 93 years old and currently 7th richest in world at ~$140B, who doesn't even have to take a stand.Or nepo babies Howard Buffett and Susan Buffett, who sit on the Berkshire board and will be inevitably looked at as failures when the company loses its luster after daddy dies.Or non-Berkshire director and nepo baby Peter Buffett who, after dropping out of Stanford University, used the proceeds of his inheritance from his grandfather to pursue a career in music
LISTEN: On the Tuesday, Nov. 5 edition of Georgia Today: Georgia voters cast their ballot on Election Day; polling places receive bomb threats; and Home Depot co-founder Bernie Marcus has died.
The conversation with Bernie Marcus, co-founder of The Home Depot and founder of Job Creators Network, delves into the challenges faced by small businesses, the impact of government regulations, the American dream, and the future of the economy. Bernie shares his personal journey, the importance of small businesses, and the need for advocacy and support. The conversation also touches on the role of Job Creators Network in representing small businesses and the impact of government policies on the economy. Main Street Matters is part of the Salem Podcast Network - new episodes debut every Wednesday & Friday. For more visit JobCreatorsNetwork.comSee omnystudio.com/listener for privacy information.
Founders ✓ Claim Key Takeaways Support David Senra and get access to the world's most valuable notebook for foundersRead the full notes @ podcastnotes.orgWhat I learned from reading Sam Walton: The Inside Story of America's Richest Man by Vance Trimble. ----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. ----Build relationships with other founders, investors, and executives at a Founders Event----(2:30) Sam Walton built his business on a very simple idea: Buy cheap. Sell low. Every day. With a smile.(2:30) People confuse a simple idea with an ordinary person. Sam Walton was no ordinary person.(4:30) Traits Sam Walton had his entire life: A sense of duty. Extreme discipline. Unbelievable levels of endurance.(5:30) His dad taught him the secret to life was work, work, work.(5:30) Sam felt the world was something he could conquer.(6:30) The Great Depression was a big leveler of people. Sam chose to rise above it. He was determined to be a success.(11:30) You can make a lot of different mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you're too inefficient. — Sam Walton: Made In America by Sam Walton. (Founders #234)(15:30) He was crazy about satisfying customers.(17:30) The lawyer saw Sam clenching and unclenching his fists, staring at his hands. Sam straightened up. “No,” he said. “I'm not whipped. I found Newport, and I found the store. I can find another good town and another store. Just wait and see!”(21:30) Sometimes hardship can enlighten and inspire. This was the case for Sam Walton as he put in hours and hours of driving Ozark mountain roads in the winter of 1950. But that same boredom and frustration triggered ideas that eventually brought him billions of dollars. (This is when he learns to fly small planes. Walmart never happens otherwise)(33:30) At the start we were so amateurish and so far behind K Mart just ignored us. They let us stay out here, while we developed and learned our business. They gave us a 10 year period to grow.(37:30) And so how dedicated was Sam to keeping costs low? Walmart is called that in part because fewer letters means cheaper signs on the outside of a store.(42:30) Sam Walton is tough, loves a good fight, and protects his territory.(43:30) His tactics later prompted them to describe Sam as a modern-day combination of Vince Lombardi (insisting on solid execution of the basics) and General George S. Patton. (A good plan, violently executed now, is better than a perfect plan next week.)(43:30) Hardly a day has passed without Sam reminding an employee: "Remember Wal-Mart's Golden Rule: Number one, the customer Is always right; number two, if the customer isn't right, refer to rule number one.”(46:30) The early days of Wal-Mart were like the early days of Disneyland: "You asked the question, What was your process like?' I kind of laugh because process is an organized way of doing things. I have to remind you, during the 'Walt Period' of designing Disneyland, we didn't have processes. We just did the work. Processes came later. All of these things had never been done before. Walt had gathered up all these people who had never designed a theme park, a Disneyland.So we're in the same boat at one time, and we figure out what to do and how to do it on the fly as we go along with it and not even discuss plans, timing, or anything.We just worked and Walt just walked around and had suggestions. — Disney's Land: Walt Disney and the Invention of the Amusement Park That Changed the World by Richard Snow. (Founders #347)(1:04:30) Sam Walton said he took more ideas from Sol Price than any other person. —Sol Price: Retail Revolutionary by Robert Price. (Founders #304)(1:07:30) Nothing in the world is cheaper than a good idea without any action behind it.(1:07:30) Sam Walton: Made In America (Founders #234)----“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. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
Givers, Doers, & Thinkers—A Podcast on Philanthropy and Civil Society
This week on Givers, Doers, & Thinkers, Jeremy speaks with innovator and educator Jeff Sandefer about entrepreneurship, philanthropy, and education. Jeff Sandefer founded Sandefer Offshore and Sandefer Capital Partners, both of which performed exceedingly well, the former generating $500 million in profits over a five-year period, before going on to found the Acton School of Business and Acton Academy. Jeff has been a longtime board member of National Review , the Texas Public Policy Foundation, the Philanthropy Roundtable, and the Harvard Business School. He belongs to the Mont Pelerin Society and is one of the youngest people ever elected to the Texas Business Hall of Fame.What makes a great entrepreneur? Some say it is fearless risk-taking, but Jeff argues it is more a tolerance for ambiguity. Jeff offers insights on higher education reform, case-method teaching, and the importance of real-world experience. He also explains why he and his wife created Acton Academy and its unique learner-driven model of education, where children pursue their passions and personal genius. To close, Jeff shares his approach to philanthropy and the wisdom offered to him by Bernie Marcus. We'd love to hear your thoughts, ideas, questions, and recommendations for the podcast! You can shoot Katie Janus, GDT's producer, an email anytime!Be sure to follow us on Apple Podcasts, Spotify, and YouTube to make sure you never miss an episode!Center for Civil Society's YouTube Channel
Founders ✓ Claim Key Takeaways Support David Senra and get access to the world's most valuable notebook for foundersRead the full notes @ podcastnotes.orgWhat I learned from reading Sam Walton: The Inside Story of America's Richest Man by Vance Trimble. ----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. ----Build relationships with other founders, investors, and executives at a Founders Event----(2:30) Sam Walton built his business on a very simple idea: Buy cheap. Sell low. Every day. With a smile.(2:30) People confuse a simple idea with an ordinary person. Sam Walton was no ordinary person.(4:30) Traits Sam Walton had his entire life: A sense of duty. Extreme discipline. Unbelievable levels of endurance.(5:30) His dad taught him the secret to life was work, work, work.(5:30) Sam felt the world was something he could conquer.(6:30) The Great Depression was a big leveler of people. Sam chose to rise above it. He was determined to be a success.(11:30) You can make a lot of different mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you're too inefficient. — Sam Walton: Made In America by Sam Walton. (Founders #234)(15:30) He was crazy about satisfying customers.(17:30) The lawyer saw Sam clenching and unclenching his fists, staring at his hands. Sam straightened up. “No,” he said. “I'm not whipped. I found Newport, and I found the store. I can find another good town and another store. Just wait and see!”(21:30) Sometimes hardship can enlighten and inspire. This was the case for Sam Walton as he put in hours and hours of driving Ozark mountain roads in the winter of 1950. But that same boredom and frustration triggered ideas that eventually brought him billions of dollars. (This is when he learns to fly small planes. Walmart never happens otherwise)(33:30) At the start we were so amateurish and so far behind K Mart just ignored us. They let us stay out here, while we developed and learned our business. They gave us a 10 year period to grow.(37:30) And so how dedicated was Sam to keeping costs low? Walmart is called that in part because fewer letters means cheaper signs on the outside of a store.(42:30) Sam Walton is tough, loves a good fight, and protects his territory.(43:30) His tactics later prompted them to describe Sam as a modern-day combination of Vince Lombardi (insisting on solid execution of the basics) and General George S. Patton. (A good plan, violently executed now, is better than a perfect plan next week.)(43:30) Hardly a day has passed without Sam reminding an employee: "Remember Wal-Mart's Golden Rule: Number one, the customer Is always right; number two, if the customer isn't right, refer to rule number one.”(46:30) The early days of Wal-Mart were like the early days of Disneyland: "You asked the question, What was your process like?' I kind of laugh because process is an organized way of doing things. I have to remind you, during the 'Walt Period' of designing Disneyland, we didn't have processes. We just did the work. Processes came later. All of these things had never been done before. Walt had gathered up all these people who had never designed a theme park, a Disneyland.So we're in the same boat at one time, and we figure out what to do and how to do it on the fly as we go along with it and not even discuss plans, timing, or anything.We just worked and Walt just walked around and had suggestions. — Disney's Land: Walt Disney and the Invention of the Amusement Park That Changed the World by Richard Snow. (Founders #347)(1:04:30) Sam Walton said he took more ideas from Sol Price than any other person. —Sol Price: Retail Revolutionary by Robert Price. (Founders #304)(1:07:30) Nothing in the world is cheaper than a good idea without any action behind it.(1:07:30) Sam Walton: Made In America (Founders #234)----“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. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
What I learned from reading Sam Walton: The Inside Story of America's Richest Man by Vance Trimble. ----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. ----Build relationships with other founders, investors, and executives at a Founders Event----(2:30) Sam Walton built his business on a very simple idea: Buy cheap. Sell low. Every day. With a smile.(2:30) People confuse a simple idea with an ordinary person. Sam Walton was no ordinary person.(4:30) Traits Sam Walton had his entire life: A sense of duty. Extreme discipline. Unbelievable levels of endurance.(5:30) His dad taught him the secret to life was work, work, work.(5:30) Sam felt the world was something he could conquer.(6:30) The Great Depression was a big leveler of people. Sam chose to rise above it. He was determined to be a success.(11:30) You can make a lot of different mistakes and still recover if you run an efficient operation. Or you can be brilliant and still go out of business if you're too inefficient. — Sam Walton: Made In America by Sam Walton. (Founders #234)(15:30) He was crazy about satisfying customers.(17:30) The lawyer saw Sam clenching and unclenching his fists, staring at his hands. Sam straightened up. “No,” he said. “I'm not whipped. I found Newport, and I found the store. I can find another good town and another store. Just wait and see!”(21:30) Sometimes hardship can enlighten and inspire. This was the case for Sam Walton as he put in hours and hours of driving Ozark mountain roads in the winter of 1950. But that same boredom and frustration triggered ideas that eventually brought him billions of dollars. (This is when he learns to fly small planes. Walmart never happens otherwise)(33:30) At the start we were so amateurish and so far behind K Mart just ignored us. They let us stay out here, while we developed and learned our business. They gave us a 10 year period to grow.(37:30) And so how dedicated was Sam to keeping costs low? Walmart is called that in part because fewer letters means cheaper signs on the outside of a store.(42:30) Sam Walton is tough, loves a good fight, and protects his territory.(43:30) His tactics later prompted them to describe Sam as a modern-day combination of Vince Lombardi (insisting on solid execution of the basics) and General George S. Patton. (A good plan, violently executed now, is better than a perfect plan next week.)(43:30) Hardly a day has passed without Sam reminding an employee: "Remember Wal-Mart's Golden Rule: Number one, the customer Is always right; number two, if the customer isn't right, refer to rule number one.”(46:30) The early days of Wal-Mart were like the early days of Disneyland: "You asked the question, What was your process like?' I kind of laugh because process is an organized way of doing things. I have to remind you, during the 'Walt Period' of designing Disneyland, we didn't have processes. We just did the work. Processes came later. All of these things had never been done before. Walt had gathered up all these people who had never designed a theme park, a Disneyland.So we're in the same boat at one time, and we figure out what to do and how to do it on the fly as we go along with it and not even discuss plans, timing, or anything.We just worked and Walt just walked around and had suggestions. — Disney's Land: Walt Disney and the Invention of the Amusement Park That Changed the World by Richard Snow. (Founders #347)(1:04:30) Sam Walton said he took more ideas from Sol Price than any other person. —Sol Price: Retail Revolutionary by Robert Price. (Founders #304)(1:07:30) Nothing in the world is cheaper than a good idea without any action behind it.(1:07:30) Sam Walton: Made In America (Founders #234)----“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. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
The conversation with Bernie Marcus, co-founder of The Home Depot and founder of Job Creators Network, delves into the challenges faced by small businesses, the impact of government regulations, the American dream, and the future of the economy. Bernie shares his personal journey, the importance of small businesses, and the need for advocacy and support. The conversation also touches on the role of Job Creators Network in representing small businesses and the impact of government policies on the economy. Main Street Matters is part of the Salem Podcast Network - new episodes debut every Wednesday & Friday. For more visit JobCreatorsNetwork.comSee omnystudio.com/listener for privacy information.
Todays monologue is dedicated to saluting the dumbest people in power. Contestants vying for the award this time: George Santos, James Comer, John Kennedy, Elon Musk, and Bernie Marcus. Then, he chats with actor, director, and podcast host Bob Cesca on the death of Roslyn Carter, the 2024 GOP presidential hopefuls, and Liz Chaney's new book which details new Trump revelations. Next, he interviews Wajahat Ali who is a Daily Beast columnist, public speaker, and Sr. Fellow at the Western States Center. They talk about the death of Henry Kissinger, the rise of Arab and Muslim hate crimes, and the Israel - Hamas War. Then rounding it out, John plays a clip of Senator Bernie Sanders on Henry Kissinger and he welcomes back legal analyst Dr. Tracy Pearson. They discuss Trump's gag orders and threatening posts about court staff and their families in his New York fraud trial.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Live from STUDIO G- in the heart of America- I'm STEVE GRUBER- saying the things you wish you could -every day- fighting for you from the Foxhole of Freedom and defending this great nation-- this is THE STEVE GRUBER SHOW! Here are 3 big things you need to know right now— Number One— Another bad sign for the EV movement—as yet another battery company is teetering on the brink of failure—BUT don't worry your tax dollars are not coming back—now or ever— Number Two— Joe Biden is so on board with The Green New Deal he is skipping the United Nations climate summit that is set to begin on Thursday in Dubai—yeah—he wants to control every appliance you own—BUT doesn't care enough to attend— Number Three— My friends—its time to follow the money—and no I am not talking about the dirty money flowing into the Biden family— I am talking about the millions of dollars breaking lose now and flowing into the coffers of the former President Donald Trump—it seems the naysayers and the fence-sitters have seen enough of Joe Biden and have seen the endless polls putting Trump farther and farther ahead— There are less than 50 days now until the Iowa caucuses—and on the Republican side—it's by all measures a complete blowout—former President Donald Trump is cruising to a 50-point win—with Governor Ron DeSantis and Ambassador Nicki Haley—running far behind—with almost ZERO chance of ever catching up— And despite the openly anti-Trump Governor over in New Hampshire, Chris Sununu—the numbers in the Granite State are great for Trump too— which he will also win going away— In fact, the nomination by the GOP of the 45th President to become the 47th President—is becoming so likely that many mega donors that at one time had soured on him—are coming back and they are bringing their money with them too— and a whole lot of it— I mean these are the real money men of DC—showing up with mountains of cash, because they say the idea of Joe Biden getting re-upped at the age of 106 is out of the question—they know he is already totally incompetent and incapable of doing the job today—and they know one more second of Joe Biden in The White House past January 20th of 2025 would mark the end of what's left of America— One of those big money men leading the charge back into MAGA-Land Bliss is Bernie Marcus—the co-founder of Home Depot who previously had said he would not support Trump any longer—BUT in a shock op-ed earlier this month on Real Clear Politics, Marcus said the stakes are simply too high and that means right now the choice is simple—re-elect Donald Trump as the 47th President of the United States— Another Mega Donor that had been on the sidelines is oil and gas tycoon Harold Hamm—who earlier this year told the Financial Times the events of January 6th simply separated a whole lot of people from Trump and that the GOP needed younger and chaos free candidates in the race— In fact, Hamm like many others had donated to Trumps rivals like DeSantis and Haley—BUT he also came to the realization that Trump is not getting derailed—and without a legal way to prevent him from securing the nomination—he is on the road right now to secure the nomination and the Presidency—Again. Hamm is among the Mega Donors that are coming around to the realization—the time to bicker is over and the time to get behind the Trump Train is now— According to ABC News—a recent Mar-a-Lago event raked in over $6 million dollars and new fund raisers are getting almost $25,000 a ticket with a chance to meet the former President and have your picture taken—yeah the money train is rolling too— Meanwhile, on the other side of the tracks—Joe Biden is struggling to spit out a coherent sentence on most days—he is mired in platitudes trying to pacify both sides in the Gaza War—watching as the country is invaded by millions of illegal aliens with no end in sight—and trying his level best to deliver gaslighting at an Olympic level while trying to tell everyone how wonderful Bidenomics is for the average American— It is remarkable how hard they are willing to work when it comes to selling you the Bidenomics snake oil—and how great it is for all the boys and girls— Credit card debt, defaults on mortgages and car loans are at record levels—and yet they keep right on insisting—Bidenomics is great—and its working well— And as I keep telling you—the sales pitch keeps going—because right now what do they have to show for almost 3 years in charge? Massive inflation—an open border—and two major wars—the first of its size in Eastern Europe since World War Two and the biggest in Israel since 1973— And that's why—more and more the smart money is on Donald Trump to win it all! I am telling you right now—Trump wins on November 5th 2024—BUT for that to happen—his supporters—both fierce and reluctant—MUST VOTE!
Donald Trump hurts their feelings and gets in their heads.The outrage is fake, the anti-Semitism is real. Clarity and wisdom from Bernie Marcus former CEO and Co-founder of the Home Depot.Dallas/Ft. Worth radio talk show host Mark Davis chats with Mike about anti-Semitism, Donald Trump and Tim Scott.See omnystudio.com/listener for privacy information.
In this week's episode of The Audit, Dave and Josh join forces with Andrew Perez, investigative reporter from The Lever, to delve deeper into the financial underpinnings of PragerU. The three review, with horror, the organization's fawning and unhinged interview with Home Depot co-founder Bernie Marcus, who donates millions to PragerU. Dave and Josh also recount their mission to obtain PragerU's tax documents, which leads to an unexpected face-to-face encounter. Finally, the episode also discusses how right-wing media outlets provoked the extremist assault on the Glendale Unified School District.Videos discussed:Who Is Dennis Prager?Bernie Marcus's Impact on the Success of The Home DepotIf you'd like to support this show, head over to www.levernews.com/audit/ and leave a tip for Dave and Josh. To get access to Lever Premium Podcasts, and all the other benefits of a paid subscription, click here. A transcript of this episode is available here.
What I learned from reading Sol Price: Retail Revolutionary by Robert Price. ----This episode is brought to you by EightSleep: Get the best sleep of your life and unlock more energy with the Pod 3. Go to eightsleep.com/founders/----This episode is brought to you by Meter: Meter is the easiest way for your business to get fast, secure, and reliable internet and WiFi in any commercial space. Go to meter.com/founders----This episode is brought to you by Tiny: Tiny is the easiest way to sell your business. Tiny provides quick and straightforward exits for Founders. Get in touch by emailing hi@tiny.com----Subscribe to listen to Founders Premium — Subscribers can ask me questions directly and listen to Ask Me Anything (AMA) episodes.----[6:50] He believed in developing strong operating efficiencies, and he continually emphasized passing on savings to customers.[8:48] It's pretty incredible to think about that Sol's ideas have created trillions of dollars of value.[11:18] You can always understand the son by the story of his father. The story of the father is embedded in the son. —Francis Ford Coppola: A Filmmaker's Life by Michael Schumacher. (Founders #242)[14:00] Stephen King on the belief and support he received from his wife: “Having someone who believes in you makes a lot of difference”— Stephen King On Writing: A Memoir of the Craftby Stephen King. (Founders #210)[16:00] True education is gained through the discipline of life. —Henry Ford[19:45] Sol kept a small sign in his office: “Do it now.”[24:00] Sol finds an idea future generations of entrepreneurs will use: A membership retail store targeted to a specific niche.[24:45] When you have people driving far distances to save money that is a very good sign. — Sam Walton: Made In America by Sam Walton. (Founders #234)[26:45] Daniel Ek interview on the Acquired podcast. [39:10] If you're not spending 90% of your time teaching, you're not doing your job. —Jim Sinegal.[39:45] You train an animal, you teach a person.[40:00] He was not a fan of training manuals because he believed that manuals were a substitute for thinking.[43:00] What does limited selection have to do with efficiency? Because payroll and benefits represent 80% of a retailer's cost of operations, pricing advantage follows labor productivity. Fewer items result in reduced labor hours throughout all of the product supply channels. Put simply, the cost to deal with 4,500 items is a lot less than the cost to deal with 50,000 items.[50:21] The operating efficiencies of the warehouse concept and the direct delivery of products from the suppliers to Price Club made it possible to sell merchandise for less.[55:00] Costco and Sam's were expanding aggressively while Price Club remained tentative.[1:03:30] Sol was a poster child for the American dream. His immigrant parents were born in a small Russian village. Sol was the first in his family to graduate college. He earned a law degree. He became an exceptionally successful businessman and philanthropist, celebrated 70 years of marriage, was a good father who instilled high values in his sons, and he never walked away from responsibility. It doesn't get much better than that.---Subscribe to listen to Founders Premium — Subscribers can ask me questions directly and listen to Ask Me Anything (AMA) episodes.----Join my free email newsletter to get my top 10 highlights from every book----“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. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
Glenn and Stu take Glenn's preparedness quiz to gauge how they would handle an emergency. Justin Haskins, co-author of "The Great Reset" and its upcoming sequel, joins to discuss how a central bank digital dollar will be slowly implemented if Americans aren't paying attention to their state legislatures. Home Depot co-founder and chairman of the Marcus Foundation Bernie Marcus joins to expose “woke” policies and how they destroy America. Learn more about your ad choices. Visit megaphone.fm/adchoices
Glenn reviews a federal service that has flown under the radar called “FedNow,” which, when launched this year, will be the framework for a central bank digital currency. Glenn and Stu take Glenn's preparedness quiz to gauge how they would handle an emergency. Justin Haskins, co-author of "The Great Reset" and its upcoming sequel, joins to discuss how a central bank digital dollar will be slowly implemented if Americans aren't paying attention to their state legislatures. Glenn announces his newest book, a sequel to "The Great Reset," called “The Dark Future,” as co-author Justin Haskins explains why the sequel is crucial. Home Depot co-founder and chairman of the Marcus Foundation Bernie Marcus joins to expose “woke” policies and how they destroy America. Learn more about your ad choices. Visit megaphone.fm/adchoices
Bernie Marcus is a well-known American businessman and philanthropist. He was born on May 12, 1929, in Newark, New Jersey. Marcus co-founded the home improvement retail giant Home Depot in 1978, along with Arthur Blank, and served as the company's first CEO until 1997. Under his leadership, Home Depot grew to become the largest home improvement retailer in the United States, with more than 2,200 stores worldwide. Marcus is also a noted philanthropist, having donated millions of dollars to various charitable causes over the years. In 2004, he founded the Marcus Foundation, which provides support for programs and initiatives in education, medical research, and community development. 00:00 - Intro 5:57 - Interview 1:01:07 - Outro Rabbi Efrem Goldberg: Rabbi, Boca Raton Synagogue (BRS). Rabbi Philip Moskowitz: Associate Rabbi, BRS. Rabbi Josh Broide: Outreach Rabbi, BRS.
Bernie Marcus is the co-founder, former Chairman, and CEO of the Home Depot. He appears on the show to talk about Kick Up Some Dust: Lessons on Thinking Big, Giving Back, and Doing It Yourself, his most recent book. --►Purchase Kick Up Some Dust: https://amzn.to/3jTamod (Amazon Link) What We Discuss About Going For Your Strengths Our guest, the co-founder of Home Depot Bernie Marcus, explains to me why it takes a do-it-yourself mindset and going for your strengths to create a Fortune 500 company and also take on significant issues like assisting in the fight against cancer, treating PTSD in veterans, enacting change in your community, and being a force for good in the world. This motivational interview will encourage you to imagine, create, donate, and perhaps change the world. Full show notes and resources can be found here: https://passionstruck.com/bernie-marcus-you-have-to-go-for-your-strengths/ Brought to you by American Giant and Omaha Steaks. --► For information about advertisers and promo codes, go to: https://passionstruck.com/deals/ --► Prefer to watch this interview: https://youtu.be/73u9FEG_6sg Like this show? Please leave us a review here -- even one sentence helps! Consider including your Twitter or Instagram handle so we can thank you personally! --► Subscribe to Our YouTube Channel Here: https://www.youtube.com/c/JohnRMiles Want to find your purpose in life? I provide my six simple steps to achieving it - passionstruck.com/5-simple-steps-to-find-your-passion-in-life/ Want to hear my best interviews from 2022? Check out episode 233 on intentional greatness and episode 234 on intentional behavior change. ===== FOLLOW ON THE SOCIALS ===== * Instagram: https://www.instagram.com/passion_struck_podcast * Facebook: https://www.facebook.com/johnrmiles.c0m Learn more about John: https://johnrmiles.com/
We begin with a rundown of the news, starting with China infecting the world again with more Wuhan virus, and thanks to Joe Biden we appear to be pretty much defenseless. We discuss Trump's latest comments on abortion, Home Depot founder Bernie Marcus dunking on the socialists, media wokeness gone wild -- short people fight global waming just by existing -- and much more. We then get into the Speaker of the House vote and other items that are front and center with the new congress getting sworn in today. We pick up that discussion with our guest, Breitbart Politics Editor Emma-Jo Morris. We break down the Speaker debate and other political items before we wrap up with a surprise winner of a Man of the Year award, which you won't want to miss.
The House That Mickey Built appears to be struggling. (0:21) Tim Beyers discusses: - Disney's 4th-quarter financials disappointing Wall Street - How the media division is dragging down the parks division - Redfin shutting down its home-flipping business and laying off 13% of staff (14:13) Deidre Woollard talks with Bernie Marcus, co-founder of The Home Depot, about the retailer's early days and other observations from his book "Kick Up Some Dust: Lessons on Thinking Big, Giving Back, and Doing It Yourself". Companies discussed: DIS, NFLX, RDFN, HD Host: Chris Hill Guests: Tim Beyers, Deidre Woollard, Bernie Marcus Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
IN THIS EPISODE, YOU'LL LEARN:08:06 - How today's economy compared to the early eighties when Bernie was co-founding Home Depot.14:11 - Bernie's early jobs as a waiter, comedian, and even hypnotist.37:15 - Bernie's take on ESG, given that Home Depot, won the Most Socially Responsible Company award the year he retired40:02 - What it was like to travel around and sharing business tips with Sam Walton.54:11 - Lessons from philanthropic efforts in integrative medicine and the Georgia Aquarium.And much, much more!Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESKick Up Some Dust Book.Built from Scratch Book.Trey Lockerbie Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia's first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Throw out the old traditions and get progressive. Discover the complete package - smart design, lots to love under the hood with Genesis.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Monitor your recovery, sleep, training, and health, with personalized recommendations and coaching feedback with WHOOP. Use code WSB to save 10% off your order today.If you're a sales professional, get every real time advantage you can get with Sales Navigator. Enjoy 60 days of free trial today.Take a position daily on potential price movements, and gain exposure while limiting risk with Interactive Brokers.Invest in high-quality, cash-flowing real estate without all of the hassle with Passive Investing.Private assets represent 98% of companies in North America but are absent in most portfolios. Reconstruct your portfolio with private markets with Mackenzie Investments.Get access to great value basic health insurance that's simple to understand with Frank Health Insurance.Build a plan that helps you strengthen your financial security with RBC Wealth Management. RBC capital markets LLC, member NYSE, FINRA, SIPC.If you're aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Enjoy 10% off your first booking in Viator's world of over 300,000 experiences you'll remember. Download the Viator app now and use code VIATOR10.More wealth, more purpose, or making more of a difference? Commonwealth Private helps you create more of yours - with exceptional service and experts who meticulously tailor opportunities for you.Start building a portfolio of alternative farm and timberland assets with AcreTrader.In a world of probabilities, trade the possibilities with Pepperstone.Enjoy a 400-calorie meal that contains 40g of expertly sourced, premium plant protein, all 26 essential vitamins and minerals, and a scientifically calibrated mix of carbs, good fats and fiber with Huel Black Edition. Plus, get a free t-shirt and free shaker with your first order.Have gold and silver shipped directly to your door for you to hold at your home. Get BullionMax's Gold Investor Kit today - 3 ounces of the world's most desirable gold coins, including the Gold American Eagle and Canadian Maple Leaf.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Whenever you need anything, why would you look anywhere else? Philanthropist and entrepreneur Bernie Marcus joins James on the show to coincide with the release of his new book, Kick Up Some Dust: Lessons on Thinking Big, Giving Back, and Doing it Yourself. One part chutzpah lesson, one part masterclass in charitable giving, our 93-year-old guest gives straight-ahead answers and personifies the concept of lifelong learning and finding out "how dumb we were yesterday".Additional topics include:Bernie's relationship with Sam Walton (01:50)"We want our customers to know, whenever you need anything, why would you look anywhere else?" (09:18)How do you build up a sense of what risks to take? (15:11)The Marcus Autism Center (17:25)Learning to handle and overcome failure (00:22:53)Philanthropy through The Marcus Foundation (00:34:32)------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook
Whenever you need anything, why would you look anywhere else? Philanthropist and entrepreneur Bernie Marcus joins James on the show to coincide with the release of his new book, Kick Up Some Dust: Lessons on Thinking Big, Giving Back, and Doing it Yourself. One part chutzpah lesson, one part masterclass in charitable giving, our 93-year-old guest gives straight-ahead answers and personifies the concept of lifelong learning and finding out "how dumb we were yesterday".Additional topics include:Bernie's relationship with Sam Walton (01:50)"We want our customers to know, whenever you need anything, why would you look anywhere else?" (09:18)How do you build up a sense of what risks to take? (15:11)The Marcus Autism Center (17:25)Learning to handle and overcome failure (00:22:53)Philanthropy through The Marcus Foundation (00:34:32)------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn
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