Founders
Episode 367 #367 Inside the Contrarian Mind of Sam Zell
Founders

Episode 367: #367 Inside the Contrarian Mind of Sam Zell

Founders

Episode 367

#367 Inside the Contrarian Mind of Sam Zell

David Senra is the host of Founders, where he studies history's greatest entrepreneurs. This is what he learned from reading Money Talks, Bullsh*t Walks: Inside the Contrarian Mind of Billionaire Mogul Sam Zell by Ben Johnson

What I learned from reading Money Talks, Bullsh*t Walks: Inside the Contrarian Mind of Billionaire Mogul Sam Zell by Ben Johnson.

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#367 Inside the Contrarian Mind of Sam Zell

Introduction

A question for Sam Zell: A number of people at the company have been deeply offended by some of the statements that you've said. I wondered if you would address that here because some people have felt personally disrespected by some of your comments.

This is Zell's response:

"First of all, I would not take back anything that I've said. Turn this around and put yourself in my position. You look at a company that requires 14 signatures for somebody to go to the bathroom. You look at a company that requires ten signatures for somebody in York, Pennsylvania, to buy a $10,000 Jeep. You listen to people in the newsroom that literally talk about their total disregard for the company, that it's all about, 'How do I win a Pulitzer Prize?' and 'I don't really give a shit about anything else.' You hear attitudes that, 'We don't do it this way,' 'No, we can't do that,' over and over and over again.

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