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The James Altucher Show

Whole Foods Market Founder, John Mackey’s Journey of Love, Life, and Capitalism: Hippie to Heavy Hitter:

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.62.7K Ratings

🗓️ 23 May 2024

⏱️ 71 minutes

🧾️ Download transcript

Summary

James welcomes John Mackey, co-founder of Whole Foods Market. John shares his inspiring journey from a young man living in a commune to building one of the most successful grocery chains in the world. Listeners will gain insights into John’s entrepreneurial spirit, his experiences with Whole Foods’ expansion, and the personal challenges he faced along the way.

Transcript

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0:00.0

John Mackie, the founder of Whole Foods. It's my favorite place to shop for food or at least order from Insta Kart from. It's such a great story.

0:15.7

This guy was a young hippieish sort of guy living in a commune working in a food co-op and he says hey I could do this and he starts

0:26.8

his first store is called a safer way it's kind of making fun of Safeway. And, you know, gradually this goat, you know,

0:35.2

turns into the mega empire we know as Whole Food stores,

0:41.3

which eventually was bought by Amazon, and John was at Amazon for a while.

0:45.9

And anyway, he writes this book. It's a great book. It tells the story, the ups and downs of being

0:52.2

an entrepreneur, and, but also here's the interesting thing.

0:56.0

Despite this kind of almost hippieish sort of background, he becomes an arch capitalist along the way because he understands that basically

1:06.4

innovation comes from the type of competition that capitalism inspires and and I don't know, we have a great talk about all this stuff,

1:16.0

but also we talk about how personally, you know, he's evolved

1:21.0

through the decades and he gives me some really good advice that I appreciate

1:26.1

toward towards the end so here's John Mackie the whole story adventures in love life and capitalism story, Adventures in Love, Life, and Capitalism. your show.

1:44.0

This is the James Altager show. I think the last time we spoke you were still at Amazon and enjoying it.

1:57.0

Well I just retired a little over a year and a half ago now.

2:01.0

And how are you enjoying that?

2:04.0

I'm, you know, I enjoy being because I started another company, right?

2:09.0

So I'm still working, but I'm not working as hard as I used to work and I'm in startup

2:15.4

mode so I don't have a big bureaucracy. I'm an entrepreneur so it's I'm in the

2:20.5

fun creative side. I'm not managing a big business. I'm creating a new one and that's so I'm having fun. It's a blast.

2:28.6

When you've you know just reading in in in the book when you first started Whole Foods or safer way the original name or the first name

2:37.2

There's that enthusiasm where you haven't quite made the money yet, but I get this sense you're feeling like this is going to be successful.

2:46.0

Like your first store on Lamar was good and growing and you were making money and you finally started taking a salary.

...

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