#106: Jim Weber, CEO of Brooks Running – The power of focus
How Leaders Lead with David Novak
David Novak Leadership
4.8 • 596 Ratings
🗓️ 27 October 2022
⏱️ 54 minutes
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| 0:00.0 | Welcome to How Leaders Lead where every week you get to listen in while I interview some of the very best leaders in the world. |
| 0:10.2 | I break down the key learning so that by the end of the episode, you'll have something simple you can apply as you develop into a better leader. |
| 0:17.9 | That's what this podcast is all about. |
| 0:22.5 | Let me ask you, have you felt stuck not knowing how to prioritize areas of your business? It's hard to figure out what's worth focusing |
| 0:28.3 | on and what isn't. And hey, let's face it, it's tempting to chase every shiny new opportunity |
| 0:34.8 | that comes along. But when you listen to today's episode, you'll see some |
| 0:39.3 | pretty incredible things can happen in your business when you understand the power of focus. |
| 0:45.5 | My guest today is Jim Weber, the CEO of Brooks Running. When he took over 20 years ago, they were |
| 0:52.1 | trying to compete in every athletic category, |
| 0:54.9 | and they were losing four or five million bucks a year doing it. |
| 0:59.5 | Jim said, hey, let's focus on one category, and that category is going to be running, |
| 1:05.5 | and let's master it. |
| 1:07.7 | At first, the business shrink, but the next year, the the strategy was working now they've crossed over |
| 1:14.3 | the one billion dollar milestone in revenue and they've got an extremely loyal customer base of runners |
| 1:20.9 | including my daughter ashley who ran a half marathon in brooks it all started with the power of |
| 1:27.3 | focusing on a single type of |
| 1:29.0 | customer. If you want to learn how it happened and how to use the power of focus in your |
| 1:33.8 | business, well keep on listening. Here's my conversation with my good friend and soon to be yours, |
| 1:40.7 | Jim Weber. |
| 1:50.7 | You know, first of all, you and I have a great friend in common, Warren Buffett. |
| 1:55.4 | You know, I used to go see Warren Buffett every fall for nearly 20 years when I was running young brands. |
| 1:56.7 | And you now work for him because your company is part of Berkshire Hathaway. |
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