Whole Foods CEO John Mackey on Building a $13.7 Billion Company with Conscious Capitalism
The Mark Divine Show
Mark Divine
4.8 • 1.7K Ratings
🗓️ 9 July 2024
⏱️ 50 minutes
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| 0:00.0 | Let's kind of start back at the beginning of the Whole Food Story. |
| 0:03.2 | In our very first year at the big Whole Foods market store, we experienced a hundred year flood |
| 0:08.6 | and it wiped our store out. |
| 0:10.7 | And the only way we recovered was our neighbors, our customers, they didn't want us to die. |
| 0:16.0 | In some sense, we were always trying to pay back our stakeholders for what they did to us. |
| 0:20.0 | Multistakeholder focus and benefit is at the root of your conscious capitalism movement. |
| 0:26.3 | What is your view on that? |
| 0:27.6 | One of the things that we discovered, this is the most actionable thing I'll tell you because |
| 0:31.1 | every organization can do this is very simple. The best way to |
| 0:34.4 | maximize long-term shareholder value is... |
| 0:37.0 | John, thanks so much for your time here for joining me on the Mark to Mind show. |
| 0:42.0 | I really appreciate it. I'm excited to talk to you |
| 0:44.7 | kind of about, well, everything, you know, the book you've written about your life, about whole foods, |
| 0:51.2 | but I'm particularly interested in conscious capitalism and where we're going right in the world right now. |
| 0:56.6 | So there's so many interesting things going on. You know before we kind of get into like the future stuff and your perspectives on that help us kind of like |
| 1:05.1 | get a snapshot for the origin story of John you know starting a co-op or whatever it was that you |
| 1:11.8 | know down in Austin Texas where Whole Foods got |
| 1:13.8 | its stars, like, how did even that come about? And let's, you know, kind of start back |
| 1:18.1 | at the beginning of the Whole Food story in terms of how that even became, you know, |
| 1:21.9 | became a reality? |
| 1:23.6 | Well, of course, in the book I talk about |
| 1:26.6 | a psychedelic experience I had when I was 22 years old, |
... |
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