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How I Built This with Guy Raz

Remembering Tony Hsieh of Zappos

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.831.1K Ratings

🗓️ 30 November 2020

⏱️ 28 minutes

🧾️ Download transcript

Summary

The former CEO of Zappos, Tony Hsieh has died. He was 46 years old. We are grateful that Tony shared his story with us in 2017 and we are republishing it as a tribute to his life and career. Tony was a computer scientist whose first company made millions off the dot-com boom. But he didn't make his mark until he built Zappos—a customer service company that "happens to sell shoes." Tony stepped down as CEO of Zappos in August 2020; the company is worth over a billion dollars and is known for its unorthodox management style. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

Hey, Prime members, you can listen to how I built this early and ad-free on Amazon Music.

0:07.0

Download the app today.

0:09.0

New years is here, and with it brings the possibility of change.

0:13.0

As one behavioral scientist put it, first starts are really powerful.

0:17.0

So as you head into 2023, LifeKit is a great resource to help you plan your life and tackle changes, both big and small.

0:24.0

Listen to the LifeKit podcast from NPR.

0:28.0

Hey everyone, so as some of you may know, over the break, we heard the sad news about the death of Tony Shea,

0:36.0

the co-founder and long-time head of Zappos.

0:39.0

When I interviewed Tony three years ago on the show, I have to admit it was one of the hardest interviews I'd done at that point.

0:48.0

And not because Tony was difficult or belligerent or evasive.

0:52.0

To the contrary, he was kind and polite and genuinely sweet.

0:58.0

The problem was that Tony had such a hard time talking about his achievements and his incredible vision for how to run a business.

1:06.0

He was so modest and so humble, I literally had to beg him to brag a little.

1:13.0

But in the end, we were able to pull out an incredible story from Tony.

1:18.0

And as so many of you know, Tony Shea wasn't a shoe salesman, even though that's what Zappos is known for.

1:25.0

Tony was a customer service salesman.

1:28.0

He rewrote the playbook on how to treat customers and employees.

1:33.0

And he inspired legions of founders and CEOs to come visit Zappos to learn how to replicate his model.

1:41.0

Tony Shea was just 46 when he passed away this week and we wanted to honor him by rearing this episode that first ran back in January of 2017.

1:55.0

As Zappos was growing, it was also losing more money and we also need more money for inventory.

2:03.0

And so all of this was happening at a bad time in terms of the.com crash back in 2000, so it was pretty much impossible to raise money from anyone.

2:13.0

You could not get outside investment?

...

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