Capital One Business - The Yes Mindset of Entrepreneurship

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Pashaun Ashley is the founder of Mama Aunty's Vegan Goodies. She was facing a decision to change her recipe for mass production or keep it the same and say no to scale. Her partners took a vote and said yes to the new formula because they saw it as the key to unlocking their future.

Back in March of 2020, Danny Meyer laid off 2,000 people — that's 80 percent of staff at Union Square Hospitality Group, representing 20+ restaurants across the country. It was a heartbreaking decision made with full understanding of the impacts, short and long-term — or as much as can possibly be known in this volatile time. In this special episode, Danny shares why and how he acted so quickly, the process he and his team used to make this decision, the impact of the layoff, and what comes next for his industry.

Read a transcript of this episode: https://mastersofscale.com/danny-meyer-layoffs/

Subscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribe

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.