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The Pomp Podcast

#1270 Ron Shaich | Panera Founder On Building Billion Dollar Companies

Nov 7, 2023
48:26
Snipd AI
Ron Shaich, Founder of Panera Bread, talks about innovation in the restaurant industry, evaluating people, dealing with activist investors, and investing through the lifecycle of a company. He emphasizes the importance of finding uniqueness, creating a total food experience, and hiring employees who want to make a difference.
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Quick takeaways

  • Panera Bread's success in the restaurant industry can be attributed to its commitment to innovation and offering a unique customer experience.
  • The key to achieving greatness in business lies in being willing to make bold changes and pursue greater opportunities.

Deep dives

Innovation in the Food Industry

Ron Schick discusses the importance of innovation in the restaurant industry and shares examples of how Panera Bread has pushed the industry forward by offering a unique and elevated experience for customers.

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