Big Shot

Big Shot
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Big Shot

If the walls of Kosher delis could speak, they would (schm)ooze invaluable wisdom and endless laughs. Harley Finkelstein (Shopify) and David Segal (DAVIDsTEA) are Jewish entrepreneurs influenced by the greats who came before them. But, they realized no one was archiving the best behind-the-scenes stories ever told. Before time was up, they set out on a passion project to preserve the memories, mishaps, and wins of the people who have seen it all. Big Shot tells the stories of the people that shaped an entire generation.

  1. The Queen of Branding: Lynda Resnick’s $6 Billion Empire of FIJI Water, POM, & Wonderful Pistachios

    30 JAN

    The Queen of Branding: Lynda Resnick’s $6 Billion Empire of FIJI Water, POM, & Wonderful Pistachios

    In this episode of Big Shot, we’re thrilled to welcome the legendary marketing visionary Lynda Resnick. As the co-owner of The Wonderful Company, Lynda has shaped iconic brands like POM Wonderful, Wonderful Pistachios, and FIJI Water into household names. With her husband, Stewart, Lynda also turned The Franklin Mint into a cultural sensation and brought fresh ideas to the floral industry with Teleflora’s innovative, long-lasting gifts. Join us as Lynda takes us on a journey through her extraordinary life—from her early days as a child actor to her recent retirement and her hands-on efforts to make communities healthier and stronger through impactful philanthropic initiatives. • How Lynda built a successful business at the age of 19 • Turning The Franklin Mint into a cultural icon and making millions with a deluxe Monopoly game • The incredible story of branding POM Wonderful and FIJI Water • How she sold $150 million worth of Monopoly  • Lynda’s commitment to quality  • Why she’s never raised any outside capital  • The childhood experience that shaped Lynda’s decision to always self-fund her philanthropy • A life-changing epiphany inspired by philosopher Michael Sandel • Lynda’s philanthropic work building healthier, safer communities for her workers • The role Judaism plays in her life, her marriage, and advice for young people • And more! — In This Episode We Cover: (00:00) Intro (02:35) Lynda’s early years in Pennsylvania (05:14) Lynda Limited, the company Lynda founded at the age of 19 (08:37) Lynda’s activism and her involvement with the Pentagon Papers (13:06) Thinking inside the box (15:35) How Lynda reinvented the floral business with Teleflora (19:00) Taking The Franklin Mint beyond coins  (24:00) The story of buying Jackie O’s pearls and making reproductions (25:30) Why Lynda and her husband Stewart bought land in the Joaquin Valley (28:58) How Lynda discovered the benefits of pomegranate  (30:20) Building the Pom Wonderful brand, including the packaging (32:18) Early obstacles Pom Wonderful faced, including the court battle  (34:00) Why Lynda insisted on 100% pure pomegranate juice (35:25) How Lynda was able to build brands around commodities (39:11) The story about acquiring Fiji  (43:27) Lynda’s philanthropic philosophy  (45:10) Lynda’s epiphany inspired by Michael Sandel (49:10) Lynda’s philanthropic work building better communities for her workers  (52:50) Lynda’s experiences with antisemitism, including rejection from The Campfire Girls (54:43) The role Jewish culture plays in Lynda’s life  (56:07) Lynda’s time as a child actor—and an early lesson on always being prepared (58:23) Lynda’s advice on staying true to your values (59:10) How Lynda and Stewart have maintained their strong marriage and partnership (1:02:40) Lynda’s thoughts on building lasting brands (1:03:55) AI’s answer to what Lynda’s superpower is (1:06:00) How “America’s Favorite Mom” got overshadowed by a golf game (1:09:04) Why Lynda doesn’t have regrets — Where To Find Lynda Resnick: • Website: https://www.wonderful.com/ • LinkedIn: https://www.linkedin.com/in/lynda-resnick-04103a101/ — Where To Find Big Shot:  • Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.bigshot.show/⁠⁠⁠⁠⁠⁠⁠⁠ • YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@bigshotpodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠   • TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@bigshotshow⁠⁠⁠⁠⁠⁠⁠⁠ • Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/bigshotshow/⁠⁠⁠⁠⁠⁠⁠⁠⁠   • Harley Finkelstein: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/harleyf⁠⁠⁠⁠⁠⁠⁠⁠⁠  • David Segal: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/tea_maverick⁠⁠⁠⁠⁠⁠⁠⁠⁠ • Production and Marketing: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://penname.co⁠

    1h 12m
  2. How The Founder of Waze Went From Getting Fired To Building a Billion-Dollar Business | Uri Levine

    12/12/2024

    How The Founder of Waze Went From Getting Fired To Building a Billion-Dollar Business | Uri Levine

    In this special episode of Big Shot, recorded live at the iconic Kennedy Center in Washington, D.C., we’re joined by Uri Levine, the co-founder of Waze. Uri is a visionary entrepreneur whose journey includes building Waze, the world’s largest community-based traffic and navigation app, which Google acquired for over $1 billion. Beyond Waze, Uri has co-founded several impactful startups like Moovit (acquired by Intel), FeeX, and Engie. He’s also the author of Fall in Love with the Problem, Not the Solution, a must-read guide for entrepreneurs. In our conversation today, we cover:  • Lessons on failure and prioritization from Uri’s father • A clever hack he used to pitch Waze with an incomplete product • The cultural drive behind the Jewish ambition to create positive change • The story of the many millionaires created by Waze’s acquisition • And so much more! A special thank you to ADL In Concert Against Hate. You can learn more here https://www.adl.org/adl-concert-against-hate-shines-light-heroes — In This Episode We Cover: (00:00) Intro (01:40) How Uri’s father taught him the importance of failure (04:55) A story about prioritization (06:59) Uri’s solution for fundraising with an incomplete product (09:00) The ups and downs of the start-up journey (11:04) Why Jewish people are drawn to entrepreneurship and making a positive impact (12:58) The connection between the kibbutz community and entrepreneurship (13:25) The Google acquisition of Waze  (13:58) The importance of keeping the main thing the main thing  (15:11) How tikkun olam inspires Uri’s entrepreneurial ventures  (16:48) Chutzpah and the Israeli experience  (17:40) How Uri continues to be inspired by his father — Where To Find Uri Levine: • Website: https://urilevine.com/ • LinkedIn: https://www.linkedin.com/in/uri-levine/ • X: https://x.com/urilevine1 — Where to Find ADL: • Website: https://www.adl.org/ — Where To Find Big Shot:  • Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.bigshot.show/⁠⁠⁠⁠⁠⁠⁠⁠ • YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@bigshotpodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠   • TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@bigshotshow⁠⁠⁠⁠⁠⁠⁠⁠ • Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/bigshotshow/⁠⁠⁠⁠⁠⁠⁠⁠⁠   • Harley Finkelstein: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/harleyf⁠⁠⁠⁠⁠⁠⁠⁠⁠  • David Segal: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/tea_maverick⁠⁠⁠⁠⁠⁠⁠⁠⁠ • Production and Marketing: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://penname.co⁠

    19 min
  3. From College Dropout to Running Polo, Nike, Weight Watchers, and HSN | Mindy Grossman

    21/11/2024

    From College Dropout to Running Polo, Nike, Weight Watchers, and HSN | Mindy Grossman

    In today’s episode of Big Shot, we’re joined by Mindy Grossman, former CEO of Weight Watchers, who led the company’s transformation into a global wellness brand. Like many of our past guests, Mindy’s journey involves perseverance, bold decisions, and calculated risk-taking. Mindy’s remarkable career began with a surprising choice—dropping out of college. She then worked up to executive roles at Polo Ralph Lauren, Nike, the Home Shopping Network, and Weight Watchers. In our conversation today, we cover:  Why Mindy dropped out of college and the value of risk-taking  Mindy’s impact on Nike as the most senior woman executive The importance of rooting out toxic employees in your organization How Mindy revived the culture and inspired employees at HSN Taking Home Shopping Network public  Meeting Oprah, their arena tour, and keeping Weight Watchers alive during the pandemic Mindy’s sales philosophy, move to private equity, thoughts on family and the Jewish success story, and much more! — In This Episode We Cover: (00:00) Intro (02:33) Mindy’s early years as an adopted child of working-class Jewish parents (06:00) Why Mindy quit school and moved to New York  (09:00) Mindy’s first job as an Executive Assistant  (11:40) Mindy’s mantra, “passion, purpose, and impact” (12:42) How Mindy landed her first sales role (15:06) Bashert vs. self-determination (15:44) The importance of calculated risk-taking (17:26) Why Mindy left Tommy Hilfiger for Ralph Lauren (20:40) The success of Mindy’s new category, main floor (24:00) Why Mindy resigned from Ralph Lauren (25:10) How Ralph Lauren retained Mindy by creating a new role for her (26:50) Mindy’s time as CEO of Polo Jeans  (28:44) “Intrapreneurship” and the excitement of working with visionaries (31:30) Founders and boards Mindy works with  (32:40) Mindy’s time at Nike and why she left Polo Jeans (37:05) Mindy’s pitch to Barry Diller and her position at Home Shopping Network (45:31) Reviving the culture at HSN (50:10) The huge impact Mindy made on employee morale by buying new chairs (52:18) The “There’s no place like HSN” campaign  (54:40) The magic moment that affects human behavior to get a sale  (57:11) Taking HSN public (1:04:39) Meeting Oprah and joining Weight Watchers (1:08:19) Mindy and Oprah’s arena tour  (1:09:10) How Mindy kept Weight Watchers customers connected during the pandemic (1:12:25) Mindy’s shift to private equity and advising (1:18:30) Mindy’s thoughts on Jewish success  (1:21:00) The death of her parents and the legacy of belief Mindy passes down  — Where To Find Mindy Grossman: • X: https://x.com/mindygrossman • Instagram: https://www.instagram.com/mindygrossman • LinkedIn: https://www.linkedin.com/in/mindy-grossman — Where To Find Big Shot:  • Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.bigshot.show/⁠⁠⁠⁠⁠⁠⁠ • YouTube: ⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@bigshotpodcast⁠⁠⁠⁠⁠⁠⁠⁠   • TikTok: ⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@bigshotshow⁠⁠⁠⁠⁠⁠⁠ • Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/bigshotshow/⁠⁠⁠⁠⁠⁠⁠⁠   • Harley Finkelstein: ⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/harleyf⁠⁠⁠⁠⁠⁠⁠⁠  • David Segal: ⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/tea_maverick⁠⁠⁠⁠⁠⁠⁠⁠ • Production and Marketing: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://penname.co⁠

    1h 23m
  4. The Merchant Prince: The Man Behind The Gap, Old Navy, and J. Crew | Mickey Drexler

    24/10/2024

    The Merchant Prince: The Man Behind The Gap, Old Navy, and J. Crew | Mickey Drexler

    In today’s episode of Big Shot, we’re joined by retail legend Mickey Drexler, whose transformative leadership reshaped some of the biggest names in fashion. Over his 18-year tenure at The Gap, Mickey took the company from $400 million to $14 billion in revenue, revolutionizing casual wear and spotting a new retail opportunity that led to the creation of Old Navy. His influence extends far beyond The Gap—he also founded Madewell, served on Apple’s board for over a decade, and now works alongside his son Alex on the growing success of Alex Mill. In our conversation today, we cover:  Mickey’s humble beginnings in a one-bedroom apartment in The Bronx Mickey’s heuristic for hiring and what draws him to people Mickey’s friendship with Steve Jobs and what it was like serving on each other’s boards The importance of urgency and why a bad decision is better than indecision How Mickey does market research, and his process behind both The Gap and Old Navy Mickey’s thoughts on entrepreneurship, his family, and much more! — In This Episode We Cover: (02:53) Welcome Mickey Drexler (03:29) Mickey’s childhood in the Bronx (12:40) The traits Mickey looks for in people he’s hiring (14:56) Why Mickey values kindness and treating others fairly, regardless of their status  (16:40) Why the best training is doing the job (18:40) Mickey’s high standards, obsession with data, and the importance of instinct  (28:39) How Steve Jobs persuaded Mickey to join Apple’s board (32:33) What Mickey admired about Steve Jobs (34:20) Why a bad decision is better than indecision (36:34) What makes a great website (39:43) Mickey’s process for helping The Gap standout (46:32) Why Mickey calls the fashion business a commodity business (47:20) How Dayton Hudson’s Target stores inspired Mickey to build Old Navy (54:15) How Mickey got the name for Old Navy (57:42) The challenges Mickey faced opening Old Navy  (1:00:20) How the meaning of value depends on the individual customer (1:05:29) The call from Steve Jobs that marked an end to Mickey’s time at The Gap (1:11:20) Mickey’s wife, Peggy’s background (1:13:22) Mickey’s experience taking J. Crew private (1:18:17) How Mickey balances work and family  (1:20:03) Mickey’s thoughts on Jewish entrepreneurship, especially in the fashion industry (1:21:52) Mickey’s parting advice on learning entrepreneurship thoughts on school (1:23:37) What David learned at school, and Harley’s learnings from Mickey Where To Find Mickey Drexler • X: https://twitter.com/millarddrexler • Instagram: https://www.instagram.com/mickeydrexler • LinkedIn: https://www.linkedin.com/in/millard-mickey-drexler-1b00a9269/ Where To Find Big Shot:  • Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.bigshot.show/⁠⁠⁠⁠⁠⁠ • YouTube: ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@bigshotpodcast⁠⁠⁠⁠⁠⁠⁠   • TikTok: ⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@bigshotshow⁠⁠⁠⁠⁠⁠ • Instagram: ⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/bigshotshow/⁠⁠⁠⁠⁠⁠⁠   • Harley Finkelstein: ⁠⁠⁠⁠⁠⁠⁠https://twitter.com/harleyf⁠⁠⁠⁠⁠⁠⁠  • David Segal: ⁠⁠⁠⁠⁠⁠⁠https://twitter.com/tea_maverick⁠⁠⁠⁠⁠⁠⁠ • Production and Marketing: ⁠⁠⁠⁠⁠⁠⁠⁠https://penname.co⁠

    1h 25m
  5. From Single Mom to Billion Dollar Book Business | Heather Reisman (Founder & CEO, Indigo)

    19/09/2024

    From Single Mom to Billion Dollar Book Business | Heather Reisman (Founder & CEO, Indigo)

    In this special live episode of Big Shot, recorded at StartupFest, we are excited to welcome Heather Reisman, the trailblazing entrepreneur behind Indigo Books & Music. Heather's remarkable journey began as a single mother learning to code to support her children. Fueled by grit, a bit of luck, and a talent for connecting with extraordinary people, Heather built Indigo into Canada’s largest bookseller. However, Heather's ambitions extend beyond her role as founder and CEO. She is also a devoted wife, mother, grandmother, and philanthropist, having contributed $100 million to the University of Toronto and supported various causes through her foundation, HSEG, which aids the education of lone soldiers after their service in the IDF. In today’s conversation, we talk about:  Heather’s childhood and how her working mother influenced her The importance of curiosity and how this value has served Heather in entrepreneurship Heather’s first startup, Paradigm Heather’s work at Cott and how she broke out of a mental funk after leaving Raising $25 million and founding Indigo Founding Kobo eReaders and selling to Rakuten for $315 million Heather’s life beyond work and plans for increasing Canada’s literacy — In This Episode We Cover: (05:08) Welcome Heather Reisman (05:35) What it was like growing up in the Reisman household (10:26) Heather’s experience working at her mother’s retail store (11:15) Heather’s early passion for books (12:44) Why Curiosity is the key to everything (14:00) Heather’s coding journey as a single mom (16:00) Why Heather quit her job after an undeserved demotion  (17:00) Heather’s time working at a consulting firm (19:00) Co-founding Paradigm  (19:56) Heather’s thoughts on change and why she left consulting (24:29) Why Heather left Cott  (26:55) Heather’s depression and the book that kickstarted the next chapter of her life (20:24) The Borders deal that never worked out (33:00) Raising $25 million and founding Indigo  (37:19) The story of acquiring Chapters  (39:45) Integrating Chapters (42:13) How the ‘New Coke” failure inspired Heather to keep Chapters and Indigo separate  (43:20) Why Heather founded an e-reader company called Kobo (48:47) Selling Kobo to Rakuten for $315 million  (50:19) The power of Heather’s Picks (52:13) Taking Indigo private (53:00) Heather’s literacy goals and the importance of curation (57:00) How Heather balances work and family life Where To Find Heather Reisman: X: https://x.com/heatherreisman Instagram: https://www.instagram.com/heatherreisman Facebook: https://www.facebook.com/hreisman LinkedIn: https://www.linkedin.com/in/heather-reisman-3bab2319 TikTok: https://www.tiktok.com/discover/heather-reisman-indigo Where To Find Big Shot:  Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.bigshot.show/⁠⁠⁠⁠⁠ YouTube: ⁠⁠⁠⁠⁠⁠https://www.youtube.com/@bigshotpodcast⁠⁠⁠⁠⁠⁠   TikTok: ⁠⁠⁠⁠⁠https://www.tiktok.com/@bigshotshow⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠https://www.instagram.com/bigshotshow/⁠⁠⁠⁠⁠⁠   Harley Finkelstein: ⁠⁠⁠⁠⁠⁠https://twitter.com/harleyf⁠⁠⁠⁠⁠⁠  David Segal: ⁠⁠⁠⁠⁠⁠https://twitter.com/tea_maverick⁠⁠⁠⁠⁠⁠ Production and Marketing: ⁠⁠⁠⁠⁠⁠⁠https://penname.co⁠

    59 min
  6. Bobbi Brown's Billion Dollar Beauty Legacy

    05/09/2024

    Bobbi Brown's Billion Dollar Beauty Legacy

    Harley Finkelstein and David Segal are back with Season 3 of Big Shot! Today, we chat with beauty industry icon Bobbi Brown. Known for her work as a makeup artist, Bobbi’s expertise has been showcased on the covers of leading magazines, including Cosmopolitan, Allure, Mademoiselle, and Teen. She’s the author of nine beauty books, with five achieving bestseller status. In 1991, Bobbi founded Bobbi Brown Cosmetics, which Estée Lauder acquired for $74.5 million four years later. Bobbi had a 25-year non-compete with Estée Lauder, and as soon as that expired, she launched her latest company, a clean beauty brand called Jones Road. In our conversation, we discuss the following:  How chutzpah and optimism landed Bobbi her first Vogue cover How Bobbi developed her first lipstick and the original ten that became the brand’s foundation. How organic networking was a big part of Bobbi’s success The Estée Lauder acquisition of Bobbi Brown Cosmetics and Bobbi’s friendship with Leonard Lauder How Bobbi prioritized motherhood over work Life after the non-compete: Her new partnerships and Jones Road And so much more — In This Episode We Cover:  (04:28) How Bobbi got started by cold-calling models and agencies  (10:30) How Bobbi learned entrepreneurship skills at Emerson  (12:52) Bobbi’s first lipstick and the beginnings of her makeup empire (17:39) The Bergdorf Goodman deal that almost fell apart (21:30) A chance encounter in an elevator that led Bobbi to her second chemist (22:10) Meeting Jeff Zucker’s grandmother and landing a regular spot on The Today Show (26:15) Trailblazing the natural makeup movement  (34:10) Bobbi’s meeting with Leonard Lauder of Estée Lauder (35:59) How Bobbi was able to prioritize her kids  (39:20) The sale to Estée Lauder  (42:54) How Bobbi celebrated and shared her wealth with her family  (43:45) The first freestanding store, and how Leonard Lauder supported Bobbi (47:00) The decline of Bobbi’s relationship with Estée Lauder that led to her leaving  (51:30) The Just Bobbi curated collection at Lord and Taylor  (53:30) How Bobbi moved on from the drama at Estée Lauder  (1:00:01) Launching Jones Road (1:08:55) Miracle Balm’s instant popularity (1:10:20) Bobbi’s response to a TikTok influencer trashing her foundation  (1:13:43) Bobbi’s thoughts on selling her new company  (1:14:45) Bobbi’s partnership with her son, Cody (1:17:03) New learnings at Jones Road (1:18:28) Bobbi’s thoughts on chutzpah (1:19:25) Bobbi’s perspective on health and longevity (1:20:36) What being Jewish means to Bobbi  (1:23:15) The secret to Bobbi’s successful marriage and partnership — Where to find Bobbi Brown: X: https://x.com/justbobbibrown Instagram: https://www.instagram.com/justbobbidotcom Facebook: https://www.facebook.com/JustBobbiDotCom TikTok: https://www.tiktok.com/@justbobbibrown Where To Find Big Shot:  Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.bigshot.show/⁠⁠⁠⁠ YouTube: ⁠⁠⁠⁠⁠https://www.youtube.com/@bigshotpodcast⁠⁠⁠⁠⁠   TikTok: ⁠⁠⁠⁠https://www.tiktok.com/@bigshotshow⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠https://www.instagram.com/bigshotshow/⁠⁠⁠⁠⁠   Harley Finkelstein: ⁠⁠⁠⁠⁠https://twitter.com/harleyf⁠⁠⁠⁠⁠  David Segal: ⁠⁠⁠⁠⁠https://twitter.com/tea_maverick⁠⁠⁠⁠⁠ Production and Marketing: ⁠⁠⁠⁠⁠⁠https://penname.co⁠

    1h 25m
  7. Billion-Dollar Threads: How Morris Goldfarb Stitched Together a Fashion Empire

    01/08/2024

    Billion-Dollar Threads: How Morris Goldfarb Stitched Together a Fashion Empire

    In this episode of Big Shot, we sit down with the Chairman of the Board and Chief Executive Officer of G-III Apparel Group, Morris Goldfarb. Morris took over running his father’s company at the age of 24. His journey is deeply rooted in the inspiring legacy of his father, Aron Goldfarb, a Holocaust survivor who immigrated to the U.S. and founded G-III in 1956. Morris has transformed the company from a small women's leather outerwear business into a global fashion powerhouse, managing brands like DKNY, Calvin Klein, and Tommy Hilfiger. In our conversation today, talk about: The emotional impact of being the son of a Holocaust survivor Morris’s strategies for growing the family business and taking it public The setbacks G-III faced in 1995 and how Morris was able to successfully pivot the business Brand acquisitions and licensing that became the bread and butter of G-III Morris’s life outside work, including family and philanthropic accomplishments And much more! — In This Episode We Cover:  (01:50) Morris’s childhood in Israel and New York  (04:42) Morris’s dad, Aron Goldfarb’s memoir about the Holocaust, Maybe You Will Survive (08:54) How Morris was affected by the Holocaust survival stories of his family and friends (10:20) Aron Goldfarb’s clothing business and why he wanted Morris to get a city job (12:36) How Morris took over the family business at the age of 24 (14:30) Morris’s ambition and early years expanding G&N Sportswear (16:05) Morris’s consulting and building factories in South Korea (19:59) G-III’s journey to going public  (22:40) Why Morris had to pivot the business in 1995 and move towards licensing  (31:50) The current state of G-III (32:52) How Morris fought nepotism working at his father’s company (34:17) Acquisitions that grew G-III (38:18) An explanation of how licensing works at G-III (40:18) The pitfalls of direct to consumer businesses  (42:26) Morris’s thoughts on licensing vs. owning brands (43:24) Morris’s partnership with Carl Banks  (46:30) Morris’s family life and what it’s like working with his son (50:53) Why G-III is not a great fit for most emerging brands (52:50) What made Morris finally feel like he’d made it (54:29) What chutzpah means to Morris (54:55) Morris’s philosophy on giving back and why he built a Jewish cemetery in Poland (59:18) Why Jews have made so many contributions to business, science, and academia  — Where to find Morris Goldfarb: Website: https://ir.giii.com/management/morris-goldfarb Where To Find Big Shot:  Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.bigshot.show/⁠⁠⁠ YouTube: ⁠⁠⁠⁠https://www.youtube.com/@bigshotpodcast⁠⁠⁠⁠   TikTok: ⁠⁠⁠https://www.tiktok.com/@bigshotshow⁠⁠⁠ Instagram: ⁠⁠⁠⁠https://www.instagram.com/bigshotshow/⁠⁠⁠⁠   Harley Finkelstein: ⁠⁠⁠⁠https://twitter.com/harleyf⁠⁠⁠⁠  David Segal: ⁠⁠⁠⁠https://twitter.com/tea_maverick⁠⁠⁠⁠ Production and Marketing: ⁠⁠⁠⁠⁠https://penname.co⁠

    1h 2m
  8. The Godfather Of Fast Casual | Ron Shaich (Panera, CAVA)

    20/06/2024

    The Godfather Of Fast Casual | Ron Shaich (Panera, CAVA)

    When you think about a "convenience store manager," you probably don't imagine a future billionaire. But that's exactly the path Ron Shaich took from humble beginners selling Tollhouse cookies to a $7.5 billion restaurant empire. In this episode of Big Shot, Harley Finkelstein and David Segal welcome Shaich, the founder of Panera Bread, who shares his incredible journey from a nonprofit convenience store to his pivotal decision to create Panera Bread. Ron is a master at finding the trends others can't see before becoming popular.  He shares the challenges and successes that defined his path, highlighting the power of adaptability and innovation. And breaks down the difference between risk-taking and risk-avoidance, and how leaning into one over the other can lead to incredible success. The episode is filled with incredible takeaways, including: How Ron has the best-performing restaurant stock of all time (44x return compared to the S&P 500) Why his first store in college was a spite store What he learned from his IPO with Au Bon Pain How he created an entirely new category, “Fast Casual” And so much more — In This Episode We Cover:  (02:35) Ron’s early years growing up in New Jersey in a family of left-wing political activists (07:50) Ron’s gap year working for a congressman  (09:45) How a false accusation of shoplifting prompted Ron to open a convenience store (14:50) How Ron fell in love with business and his time at Harvard Business School (19:28) The rewards of entrepreneurship  (20:40) What business has in common with politics (23:22) How Ron made money selling flea collars in college  (26:00) Why Ron got his inheritance early (27:35) Ron’s work in DC as President of Targeting Systems (29:08) How Ron opened The Cookie Jar in Boston (31:43) Ron’s partnership with Au Bon Pain’s founder, Louis Kane (39:44) Ron and Louis’s exceptional friendship and partnership (42:25) The importance of empathy and the insights that it brought Ron (48:35) How Ron created a brand new category, bakery cafe (51:50) How Ron felt right before Au Bon Pain’s IPO (53:00) The downsides of going public (54:50) Ron’s means, ends, and by-products framework (57:20) What Ron learned from watching his parents face death (1:00:13) How Ron organized his life  (1:03:35) Ron’s purchase of the St. Louis Bread Company  (1:07:28) How Ron’s trend studying led him to fast casual dining (1:13:52) The transformation of St. Louis Bread into Panera  (1:15:33) Why Ron decided to sell Au Bon Pain to focus on Panera (1:20:25) The rapid growth stage of Panera  (1:22:51) Ron’s philanthropy with No Labels and Panera Cares  (1:25:14) The painful journey of transforming Panera  (1:32:09) Thoughts on success, chutzpah, and the Jewish entrepreneurial spirit (1:34:28) Why entrepreneurs are risk avoiders  (1:35:34) Why Ron sees building organizations as a way to impact the world positively (1:37:44) Ron’s investment company, Act 3, and the problem with short-termism  — Where to find Ron Shaich: Website: ⁠https://www.ronshaich.com/⁠ LinkedIn: https://www.linkedin.com/in/ronshaich/ X: https://x.com/shaich Facebook: https://www.facebook.com/shaich Where To Find Big Shot:  Website: ⁠⁠⁠⁠⁠⁠⁠https://www.bigshot.show/⁠⁠ YouTube: ⁠⁠⁠https://www.youtube.com/@bigshotpodcast⁠⁠⁠   TikTok: ⁠⁠https://www.tiktok.com/@bigshotshow⁠⁠ Instagram: ⁠⁠⁠https://www.instagram.com/bigshotshow/⁠⁠⁠   Harley Finkelstein: ⁠⁠⁠https://twitter.com/harleyf⁠⁠⁠  David Segal: ⁠⁠⁠https://twitter.com/tea_maverick⁠⁠⁠ Production and Marketing: ⁠⁠⁠⁠https://penname.co⁠

    1h 42m
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About

If the walls of Kosher delis could speak, they would (schm)ooze invaluable wisdom and endless laughs. Harley Finkelstein (Shopify) and David Segal (DAVIDsTEA) are Jewish entrepreneurs influenced by the greats who came before them. But, they realized no one was archiving the best behind-the-scenes stories ever told. Before time was up, they set out on a passion project to preserve the memories, mishaps, and wins of the people who have seen it all. Big Shot tells the stories of the people that shaped an entire generation.

Information

  • Creator
    Big Shot
  • Years Active
    2023 - 2025
  • Episodes
    28
  • Rating
    Clean
  • Copyright
    © Big Shot
  • Show Website
    Big Shot

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