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The Foundr Podcast with Nathan Chan

315: From Elaborate Events to a Major Ski Resort: How the Summit Brand Expanded Into A Global Empire

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 14 July 2020

⏱️ 53 minutes

🧾️ Download transcript

Summary

In 2008, Jeff Rosenthal and his co-founders Elliott Bisnow and Brett Leve convinced 19 people they admired to go on a ski trip with them to Park City, Utah. They wanted to spend one-on-one time with this small group of thought leaders to learn from them and glean some knowledge. Little did they know that this was only the beginning of their long and successful entrepreneurial journey. What started off as a small event production company has morphed into a global behemoth that includes everything from nonprofits to funds to a major ski resort that all fall under the Summit brand. While the company is still primarily known for its famous invitation-only events, its biggest impact is its tight-knit community of innovative, creative individuals from around the world. In this podcast episode, Rosenthal talks about Summit’s explosive growth, what it takes to host a truly extraordinary event, and more entrepreneurial gold. If there’s any other type of content you’d like to see that would be valuable to you during this time, please don’t hesitate to reach out at [email protected]. Key Takeaways What inspired Rosenthal and his co-founders to start their event production company Summit in 2008 How Summit expanded into a family of companies, nonprofits, and funds over the last 12 years What makes a spectacular event, according to Rosenthal Why Rosenthal believes “keep it real” is terrible advice when it comes to events, and what he recommends instead The importance of leadership when it comes to event planning The correlation between creativity and capital How Rosenthal manages to lead the multiple entities under Summit The best advice on delegation Rosenthal received from his mentor Why profitability isn’t the only measure of an event’s success What it takes to attract top-notch speakers (and how to set them up for success) The way Rosenthal approaches balancing quality of experience and scaling

Transcript

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0:00.0

This is episode number 315 with Jeff Rosenthal of the Founder Podcast.

0:07.3

What you need is thirst.

0:09.2

You need to be a thirsty human.

0:11.0

Who is intent on learning.

0:13.2

It's a really fascinating exploration of human potential.

0:19.1

The Founder Podcast. Even the greatest entrepreneurs had help. now. The founder podcast.

0:22.1

Even the greatest entrepreneurs had help.

0:25.0

If you want to learn from the most successful founders on the planet,

0:28.5

you are in the right place.

0:30.7

Branson, Mark Cuban, Tony Robbins, Tim Ferriss,

0:32.9

Arianna Humphington, Steve Case, Gary V, Sophia Amoroso,

0:36.0

Barbara Corcoran, Damon John.

0:42.1

Learn from the greatest minds in business today with interviews hosted by Nathan Chan.

0:47.9

This is not your average entrepreneur podcast. The Founder Podcast.

0:59.1

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let you know that our goal at founder is to help entrepreneurs succeed however we can by giving

1:04.7

away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,

1:13.5

you name it. We put out so much content to help you. And another interesting project that we're working on right now is partnering with

1:18.1

world-class founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach

1:24.3

crucial skills like negotiation, finance, e-commerce, and so much more.

1:31.1

So if you'd like to get access to these free trainings with founders like this, which is

1:36.6

100% free, just go to founder.com forward slash free. Okay, so now let's talk about today's

1:43.7

episode. What's going on, Founder Fam. Hope you

...

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