Life Advice From a Top American Entrepreneur - Panera Founder Ron Shaich (SB1426)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Personal Finance, Financial Planning, Education, Retirement, Investing, Cfp, Business, Money

4.4 • 2K Ratings

🗓️ 25 October 2023

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Want to know how to stack AND enjoy more Benjamins? Us too! That's why we like taking life advice from the right people. In our minds, Ron Shaich, founder and former CEO of Panera Bread joins us to talk about living a life of service. Ron's had a full life, making money quickly but still working. How come? It turns out, Ron's best life advice revolves around how to live with meaning, rather than chasing money. We talk about his early days with the company, reinventing Panera before it was broken, and coming back out of "retirement" four times to pursue the next phase of running the business he loves. Speaking of life advice...one crypto trader could use some. Mom always said "measure twice and cut once" when doing anything. This trader lost OVER one hundred thousand dollars on a trade recently. We'll share how and what life advice this may mean for you! (There's plenty). Of course, we still throw out the Haven Life Line to a lucky listener and also dive into some of Doug's juicy trivia. FULL SHOW NOTES: https://www.stackingbenjamins.com/know-what-matters-with-ron-shaich-1426 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	At M&M, we sell big brands at low prices.
0:03.6	Our clothes and footwear are always up to 65% less,
0:07.5	and so are our radio ads.
0:09.7	So here's some colipsome music to fill the time.
0:12.6	M&M, big brands, low prices, always up to 65% less than our RP.
0:30.6	I am actually slavery being of sound mind and body
0:36.6	to hereby bequeathed the following.
0:39.4	To my wife Rose who spent money like there was no tomorrow,
0:43.0	I leave $100 and a calendar.
0:46.8	To my sons Rodney and Victor who spent every time I ever gave them
0:51.2	on fancy cars and fast women, I leave $50 in dimes.
0:57.6	And to my other friends and relatives who also never learned the value of a dollar,
1:02.3	I leave $1.
1:09.6	Live from Joe's Mom's Basement, it's the Stacking Venture Menture.
1:24.4	I'm Joe's Mom's Neighbor Duggan.
1:25.9	Today, we'll learn how being honest with yourself
1:29.1	will help you grow your business with founder and former CEO of Panera Bread, Ron Shake.
1:35.6	In our headlines, one investor lost over $100,000 in a trade.
1:41.2	We'll explain their oops moment and how to prevent it in your portfolio.
1:46.1	Plus, we'll throw up a haven lifeline to Stacker Martin,
1:49.6	who wants to know if he should stop contributing to his fee-heavy 403B plan.
1:55.1	And then I'll share some cheesy trivia.
	...

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