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Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)

John Mackey: Practicing Conscious Leadership | E166

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)

YAP Media Network

Education, Marketing, Entrepreneurship, Business, Self-improvement

4.8 • 1.3K Ratings

🗓️ 18 April 2022

⏱️ 73 minutes

🧾️ Download transcript

Summary

What’s the key to a successful business? Whole Foods Market CEO and best-selling author John Mackey believes it lies in Conscious Capitalism. This is the idea that higher purpose, stakeholder orientation, conscious leadership, and conscious culture can transform companies and lead to long-term success. This model was hugely successful for Whole Foods. It helped them grow from a single store in Austin, TX to hundreds of stores around the US and landed them on Fortune’s “100 Best Companies to Work For” list for 20 consecutive years. However, conscious capitalism and conscious leadership were things John had to learn and practice. John believes that by being a conscious leader, leading with love, integrity, and authenticity, and following the ideas of conscious capitalism, any business can find success. In this episode, Hala and John talk about what it means to be a conscious leader and how you can become one, his journey in starting Whole Foods Market, failures and what he learned, his secret to finding happiness, and much more. Topics Include: - John’s background - John’s complicated relationship with his father - Opening SaferWay - What contributed to the success of Whole Foods Market? - How to find the right team - The importance of pivoting and adapting - Wholepeople.com and learning from failure - Conscious Capitalism and the real purpose of business - John’s transformation into conscious leadership - John’s secret to finding happiness - Qualities of a conscious leader - Win-Win-Win situations in business - John’s #1 tip to transform your company culture - John on transparent salaries - John’s intentions for his next business - John’s actionable advice to be more profitable tomorrow - John’s secret to profiting - And other topics… John Mackey is the Co-Founder and CEO of Whole Foods Market. The company has been included on Fortune magazine’s “100 Best Companies to Work For” list for 20 consecutive years. John is also the best-selling author of Conscious Capitalism: Liberating the Heroic Spirit of Business, and the co-founder of the Conscious Capitalism Movement. Mackey is recognized as one of Fortune’s “World’s 50 Greatest Leaders,” Ernst & Young’s “Entrepreneur of the Year Overall Winner for the United States,” Institutional Investor’s “Best CEO in America,” Barron’s “World’s Best CEO,” MarketWatch’s “CEO of the Year,” Fortune’s “Businessperson of the Year,” and Esquire’s “Most Inspiring CEO.” Sponsored By: Riverside.fm - Visit Riverside.fm and use code YAP to start recording studio quality sound and video and get 15% off a membership plan WRKOUT - Visit bit.ly/yap_wrkout to book a FREE Session with a world-class trainer and get 30% off your first TWO MONTHS with code YAP 99designs by Vista - Head to 99designs.com/YAP to learn more and get $30 off your first design contest! Credit Karma Personal Loans - Go to creditkarma.com/loanoffers to find the loan for you Resources Mentioned: John’s Books: https://www.amazon.com/John-Mackey/e/B00AE9FR5K/ John’s Website: https://media.wholefoodsmarket.com/experts/john-mackey John’s Linkedin: https://www.linkedin.com/in/john-mackey-a824bb1ab/ Connect with Young and Profiting: YAP’s Instagram: https://www.instagram.com/youngandprofiting/ Hala’s LinkedIn: https://www.linkedin.com/in/htaha/ Hala’s Instagram:https://www.instagram.com/yapwithhala/ Hala’s Twitter: https://twitter.com/yapwithhala Clubhouse: https://www.clubhouse.com/@halataha Website: https://www.youngandprofiting.com/ Text Hala: https://youngandprofiting.co/TextHala or text “YAP” to 28046 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to YAP, Young and Profiting Podcast, a place where you can listen, learn,

0:07.9

and profit.

0:08.9

Welcome to the show.

0:10.4

I'm your host, Halla Taha, and on Young and Profiting Podcast, we investigate a new

0:15.3

topic each week and interview some of the brightest minds in the world.

0:19.8

My goal is to turn their wisdom into actionable advice that you can use in your everyday life,

0:25.9

no matter your age, profession, or industry.

0:29.0

There's no fluff on this podcast, and that's on purpose.

0:32.4

I'm here to uncover value from my guests by doing the proper research and asking the right

0:37.8

questions.

0:39.1

If you're new to the show, we've chatted with the likes of XFBI agents, real estate moguls,

0:44.2

self-made billionaires, CEOs, and bestselling authors.

0:47.8

Our subject matter ranges from enhancing productivity, had to gain influence, the art

0:52.3

of entrepreneurship, and more.

0:54.7

If you're smart and like to continually improve yourself, hit the subscribe button, because

0:59.5

you'll love it here at Young and Profiting Podcast.

1:03.4

This week on YAP, we're chatting with John Mackey, the CEO and co-founder of Whole Foods

1:08.3

Market, and the bestselling author of Conscious Capitalism, liberating the heroic spirit of business.

1:15.0

John led Whole Foods from a single store in Austin, Texas to a Fortune 500 company, which

1:20.2

went public in 1992 and was purchased by Amazon in 2017.

1:25.8

Today Whole Foods has more than 500 stores and 95,000 team members in three countries.

1:31.9

However, John's journey to success wasn't straightforward or simple.

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