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The Foundr Podcast with Nathan Chan

325: How Whole Foods Market Co-Founder and CEO John Mackey Leads By Example

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 22 September 2020

⏱️ 45 minutes

🧾️ Download transcript

Summary

John Mackey, Co-Founder and CEO, Whole Foods Market Right now, every company needs strong leadership to guide them through these challenging times. Thankfully, Whole Foods Market co-founder and CEO John Mackey is well versed on the principles of leadership and is launching his latest book, Conscious Leadership, this month to help other founders put those ideas into practice.    In addition to the book, people can see Mackey’s approach to leadership in action with Whole Foods. While Mackey is grateful that his stores are still in full operation during Covid-19, he doesn’t try to hide the fact that circumstances have been extremely challenging—from rapidly scaling its supply chain to accommodate the sudden demands of customers to generating almost no revenue as a result of all the sanitation products the business has had to invest in.   But these obstacles don't bother Mackey. As a conscious leader, his priority is making sure that every single one of their 100,000 team members has access to the resources they need to stay safe at work. He has also raised every in-store worker’s pay by $2 per hour, provided two extra weeks of sick pay for those who have to quarantine, and is giving unlimited callouts during this time.    In this conversation, Mackey shares more about what it means to lead with love, how founders can attract and retain great talent in this challenging environment, and so much more. 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 An overview of Mackey’s best-selling book, Conscious Capitalism A sneak peek into Mackey’s latest book, Conscious Leadership, and what inspired him to write it The two most important pillars of leadership Why Mackey believes in leading with love  How Mackey is putting conscious leadership into action during the pandemic The challenges Whole Foods has been dealing with from a supply chain and revenue perspective  Why being an Amazon subsidiary adds a layer of complexity to the Whole Foods business How to attract and retain great people during these challenging times  What Mackey has done to support Whole Foods employees during Covid-19 Why Mackey believes in the win-win-win mindset, and how this attitude can guide your business decisions  The importance of leading by example  Key Resources From Our Interview With John Mackey Get your copy of Conscious Leadership here

Transcript

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0:00.0

This is episode number 325 with John Mackie of the Founder Podcast.

0:07.6

What you need is thirst.

0:09.3

You need to be a thirsty human who is intent on learning.

0:13.0

It's a really fascinating exploration of human potential.

0:19.3

The Founder Podcast.

0:22.3

Even the greatest entrepreneurs had help.

0:25.2

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

0:29.4

right place.

0:30.9

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Arianna Huffington, SETCO, Steve Case,

0:34.8

Gary V.

0:35.3

Sophia Amoroso, Barbara Corcoran, Damon John.

0:37.9

Learn from the greatest minds in business today

0:40.2

with interviews hosted by Nathan Chan.

0:42.5

This is not your average entrepreneur podcast.

0:46.1

The Founder Podcast.

0:53.2

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let

0:59.3

you know that our goal at founder is to help entrepreneurs succeed however we can by giving

1:04.9

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

1:13.1

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

1:18.2

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

1:24.5

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

1:31.3

So if you'd like to get access to these free trainings with founders like this, which is 100% free,

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