Founders
Episode 60 #60 Yvon Chouinard: What We’ve Learned from Patagonia’s First 40 Years
Founders

Episode 60: #60 Yvon Chouinard: What We’ve Learned from Patagonia’s First 40 Years

Founders

Episode 60

#60 Yvon Chouinard: What We’ve Learned from Patagonia’s First 40 Years

David Senra is the host of Founders, where he studies history's greatest entrepreneurs. This is what he learned from reading The Responsible Company: What We've Learned From Patagonia's First 40 Years by Yvon Chouinard and Vincent Stanley.

What I learned from reading The Responsible Company: What We've Learned From Patagonia's First 40 Years by Yvon Chouinard and Vincent Stanley.

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When I die and go to hell, the devil is going to make me the marketing director for a cola company. I’ll be in charge of trying to sell a product that no one needs, is identical to its competition, and can’t be sold on its merits. (0:01)

What Patagonia was meant to be (8:25)

Everyone wants to feel useful (11:00)

a short history of companies (14:30)

the definition of meaningful work (26:00)

more human, less corporate (40:30)

Yvon's ancestors and their working conditions (46:00)

the benefits of long term thinking (49:00)

build something useful and don't bullshit (57:00)

Don't do things that have no useful purpose / being bold can lead to new discoveries / we need more small businesses (1:04:00)

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#60 Yvon Chouinard: What We’ve Learned from Patagonia’s First 40 Years

Introduction

"When I die and go to hell, the devil is going to make me the Marketing Director for a cola company. I'll be in charge of trying to sell a product that no one needs, is identical to its competition and can't be sold on its merits. I'd be competing head on in the cola wars on price, distribution, advertising and promotion, which would indeed be hell for me."

So that is a quote from the founder that we're going to talk about today and that’s Yvon Chouinard, the founder of Patagonia and his book, The Responsible Company: What We've Learned from Patagonia's First 40 Years. So before I get into that, if this is your first time listening to Founders, welcome. The concept of this podcast is fairly straightforward. Every week, I read a biography or an autobiography or a book about a founder and then just pull out ideas that are useful for our lives. So after last week, when we studied Howard Hughes, I pushed -- so I've had The Responsible Company on my bookshelf for a few weeks now, and I knew I was eventually going to read it. And I decided after finishing that Howard Hughes podcast to push this one up to the top of the queue.

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