601 episodes
The Business Method: Interviewing Billionaires, Founders of Billion Dollar Companies & the World’s Most Successful People Chris Reynolds
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- Business
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5.0 • 161 Ratings
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A Podcast for Entrepreneurs & High-Performers. Hear from: World’s Top Investor Jim Rogers, Priceline Billionaire Jeff Hoffman, Janice Howroyd First Black Female Billionaire, Billion Dollar Investor Richard Koch, $100M Offers Alex Hormozi. Steven Kotler High-Performance Expert & Best Selling Author, Laird Hamilton #1 Big Wave Surfer are just a few of the guests you will find on The Business Method. Get behind the minds of the worlds most successful entrepreneurs and high-caliber people.
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Ep.556 ~ BILLIONAIRE EPISODE | 72 Minutes of Wisdom from a Man That Built & Sold a $19 Billion Company ~ Drayton McLane
Hello everybody and welcome to The Business Method Podcast. Today, we have a very special guest that we get the fortunate opportunity to chat with. He started out at the ripe age of 9 years old in rural Texas working at his family’s grocery business. During his teenage years he spent most Saturday’s and Summers sweeping the floors and learning the in’s and out’s of the business until after graduating college where he then worked the night shift loading trucks for a year and a half.
He worked in the family business for nearly 5 decades running it as the CEO for 30 of those years and built that company into a wholesale grocery business worth $19 Billion dollars. In 1990, he sold the McLane Company to Sam Walton the founder of Walmart and became the Vice Chairman of Walmart. In 1992, he decided he needed a new challenge and purchased the Houston Astros baseball team, eventually taking the team to the World Series and building them a new stadium. His name is Drayton McLane and he is here on the podcast today, Drayton, welcome to the show!
00:23 Who is Drayton McLane?
01:56 A Billionaire's Networking Hack
05:53 Drayton’s Logic Behind Inviting Competitors in his Facility
07:27 Drayton on Starting Work at 9 Years Old
09:30 The Chapters of Drayton’s Road to Billions
14:05 Drayton’s Take on Entrepreneurs that Skip College and Start a Business
16:55 Helping CEO to be Better as a Member of the Board
22:08 Fears and Anxiety of a Billionaire
26:32 What Drayton Would Do If He Lost It All?
29:00 How Has Drayton Changed Due to Wealth
33:25 Should I Really Keep My Friends From Childhood?
36:22 How to Select Leaders?
42.53 Going From the Grocery Business to a Baseball Team Owner
45:44 How a Billionaire Starts His Day
48:51 Is Being an Entrepreneur Easier or Harder in Today’s World?
50:49 If Drayton Had to Start All Over Again, What Business Would He Get Into?
53:08 Starting in a New Business That Has Never Been Done Before
58:10 Raising Entrepreneurial Children
01:00:52 What’s Great About Being a Billionaire & What Sucks About Being a Billionaire?
01:02:29 Book Every Entrepreneur Should Read
01:05:06 Who Drayton Recommends We Follow
Contact Info:
Website:
https://draytonmclanejr.com/
https://www.mclanegroup.com/
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HP#147 ~ Best Business Book Recommendation from a Billion Dollar Founder ~ Taylor Justice
2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
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HP#146 ~ Advice for People That Want to Build a Billion Dollar Company from a Billion Dollar Founder ~ Taylor Justice
2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
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HP#145 ~ There Are No Rules from Billion Dollar Founder Taylor Justice
2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
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HP#144 ~ Do This One Simple Thing & Change Your Life Forever
2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
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HP#143 ~ 3 Principles of a BILLION DOLLAR Investor
2-10 minute high-performance clips delivered to you Monday & Friday from our top interviews
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Customer Reviews
Great Guests and Insights
Chris has great guests and insights. What also separates this podcast from others is the advice given helps you to achieve success without losing meaning and purpose. In short, you will not feel hollow or alone at the top of the mountain.
Amazing guests!
I always have so many takeaways from this show. The guests that Chris brings on are always top notch!
True Success
Chris Reynolds interviews some of the most successful entrepreneurs and high-performers. You will learn not only how to be successful, but how to do it in a way that gives your life meaning and purpose, and a life that is fulfilling.