#1270 Ron Shaich | Panera Founder On Building Billion Dollar Companies
The Pomp Podcast
Anthony Pompliano
4.8 • 1.9K Ratings
🗓️ 7 November 2023
⏱️ 48 minutes
🧾️ Download transcript
Summary
Ron Shaich is the Founder of Panera Bread, the Chairman of Cava, and the author or a brand new book called, “Know What Matters: Less from a Lifetime of Transformations.” In this conversation, we talk about innovation in the restaurant industry, how to evaluate people, how to deal with activist investors, investing through the full life cycle of a company, inflation & supply chains, and where his inspiration comes from.
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Pomp writes a daily letter to over 250,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/
Transcript
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| 0:00.0 | What's up, everyone? This is Anthony Pompliano. Many of you know me as Pomp. You're listening to the Pomp |
| 0:07.7 | podcast, which is my effort to find the most interesting people in the world and sit with them for hours while I ask questions in an effort to learn. So it would mean the world to me if you would subscribe to the show on your favorite audio platform, watch episodes on YouTube, |
| 0:21.1 | and tell your friends and family about the podcast. My goal is to help millions learn from |
| 0:26.3 | the world's most interesting people. So let's get in to today's episode. Ron Schick is the founder |
| 0:31.9 | of Panera Bread, the chairman of Kava, and the author of a brand new book called Know What |
| 0:37.1 | Matters, Lessons |
| 0:38.0 | from a Lifetime of Transformations. In this conversation, Ron and I talk about innovation in the |
| 0:43.3 | restaurant industry, how to evaluate people, how to deal with activist investors, investing |
| 0:47.6 | through the full lifecycle of a company, how he's thought about controlling things like |
| 0:51.3 | inflation and supply chains, and where his inspiration comes from. |
| 0:55.5 | Ron is a consummate entrepreneur. He continues to build businesses that serve things that people want |
| 1:01.5 | year in and year out. Ron is full of insights in this conversation unpackes only a small degree |
| 1:07.8 | of everything he's learned over the last few decades. I hope you enjoy this |
| 1:11.7 | conversation and learn just as much as I did. Here is an episode with Ron Shake. Anthony |
| 1:17.6 | Pompleano runs Pomp Investments. All views of him and the guests on his podcast are solely their |
| 1:23.3 | opinions and do not reflect the opinions of Pomp investments. You should not treat any opinion expressed |
| 1:28.6 | by pomp or his guest as a specific inducement to make a particular investment or follow a |
| 1:33.6 | particular strategy, but only as an expression of his personal opinion. This podcast is for |
| 1:38.6 | informational purposes only. This episode is brought to you by Aradine. There are a brand new startup led by a number of Silicon Valley legends who just raised $81 million to build the future of internet infrastructure. |
| 1:51.0 | You're probably wondering what that means, so let me explain. |
| 1:54.0 | There are numerous new disruptive technologies that are being adopted simultaneously, from blockchain to artificial intelligence to zero-knowledge |
| 2:01.5 | technologies. In order to ensure that these technologies thrive in this new world, we need new |
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