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Topic: Founding

How Covid lessons get tested by inflation

Union Square Hospitality Group’s Danny Meyer

After slashing his NYC restaurant team from 2,400 people to just 45 in the teeth of the pandemic, Danny Meyer has rebuilt Union Square Hospitality Group back to its former size. But in his fifth appearance on Rapid Response since Covid struck, Danny says he isn’t yet triumphant. With inflation creating fresh challenges even at Shake Shack, Danny shares lessons on the good and bad of leading through a crisis, plus explains why he’s handed off his CEO title — and where he finds inspiration to fuel new innovations.

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How to stay inspired while remote? Is there a co-founder advantage?

Can a small entrepreneur make an impact within a massive, complex system, like healthcare or education? What’s the best framework to amplify the positive side of having co-founders and avoid the negatives? Reid Hoffman and Bob Safian answer these and more questions from small business owners in the Masters of Scale community. Plus: in our Need to Know segment, Reid & Bob take on a burning question: How can Black founders beat the odds and find funding?

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Podcast: Episode 118: Must Listen

The Wrongness Playbook, part 2

Patreon’s Jack Conte

When is it time to double down on your instincts, and when is it time to open yourself up to feedback? Sometimes it comes down to a hard call… that you might get totally wrong. In Part Two of our episode with Patreon’s Jack Conte, you’ll hear how he was able to raise capital by telling his authentic story after a series of pitches that went disastrously wrong! And you’ll hear how his worst mistake as a founder helped him reconnect with Patreon’s mission and community, and build Patreon into a $4B company. How can being wrong accelerate your business? It takes running at the solution with insatiable curiosity.

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Podcast: Episode 112: Must Listen

Improving human dignity is an engine of scale

Promise CEO Phaedra Ellis-Lamkins

Delivering human dignity to your customers is more than just good practice. It can be a powerful engine of scale. This insight has inspired Phaedra Ellis-Lamkins her whole career, as a labor leader, a music manager, and now as a fin-tech entrepreneur with Promise. Her secret? Take a contrarian lens to existing systems.

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Podcast: Episode 103: Must Listen

How to harness risk

New Georgia Project’s Stacey Abrams

For some entrepreneurs, risk is just part of the game. But for the reluctant entrepreneur, whose endeavors come as a response to a need they’ve identified, risk can feel more like a necessary evil. That’s why you need to learn to harness risk. Stacey Abrams, and her frequent business partner Lara Hodgson, share stories of how harnessing and balancing risk can be the key to your success.

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Ukraine reverberations, inflation volatility & more

“We should expect more volatility,” Reid Hoffman tells Rapid Response host Bob Safian in the first Need to Know session of the year, covering news and business topics impacting entrepreneurs right now. Reid and Bob discuss the implications of the Ukraine invasion, then dive into the pandemic-fueled troubles at Peloton, PayPal, and Meta, new climate-change urgencies — including Reid’s recent trip to Antarctica, and how Activision will be different after merging with Microsoft. Plus: pay transparency; the lessons of Theranos; and the business case for democracy.

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Podcast: Episode 101: Must Listen

Always be recruiting

Kayak’s Paul English

Paul English, co-founder of travel search platform Kayak, guides us through five critical lessons for the hiring journey. As you’ll hear, English is passionate and relentless about the subject of recruiting – and the scale of the stakes.

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Podcast: Bonus

The 6 secrets of great timing

Andreessen Horowitz’s Marc Andreessen

As an early internet founder and iconic venture capitalist, Marc Andreessen has thought deeply about the role timing plays in a startup’s success: when to launch that first product; when to ramp up scale; when to move into a new market. Getting the timing wrong can have a catastrophic effect. Getting it right can help you get to scale ahead of your competitors.

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How to protect yourself from copycat businesses? When should you seek funding? Plus: the Pivot Point game show!

How can you entice funders to invest in a niche business? Business from our signature three-act ads ask host Reid Hoffman critical questions for challenges they’re facing now. With John and Kendall Antonelli (Antonelli’s Cheese Shop), Brit Rettig Wold (GRIT Fitness), Matthew Goins (Puzzle Huddle), Monisha Edwards (Scent & Fire Candle Company), and Ricardo Regalado (Rozalado Services & Route). Plus: the Pivot Point game show, w/Tara Wilson (Fierce Lab), Tudor Mihailescu (SpeechifAI), Greg Gallimore (Gensler Group & WUBI), Becky Pallack (Arizona Luminaria),

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