On Purpose with Jay Shetty

Arthur Blank ON: How Successful People Build Their Life & Business Based on Service

Dec 28, 2020
Arthur Blank, co-founder of Home Depot and a renowned philanthropist, discusses the essence of building a life and business centered on service. He shares insights from his transformation from humble beginnings to a influential leader, emphasizing the significance of community and gratitude. Blank advocates for pursuing passion over profit and leading by example to create a meaningful work environment. His commitment to philanthropy and personal growth is evident in his vision for fostering future generations grounded in service and connection.
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INSIGHT

Early Influences

  • Arthur Blank's upbringing in a one-bedroom apartment taught him the importance of community and giving back.
  • His mother prioritized making a difference over material wealth, a value he carries today.
ANECDOTE

Home Depot's Origin

  • At 37, after being fired, Arthur Blank co-founded Home Depot.
  • He attributes his risk-taking approach to his entrepreneurial family and the belief in exceeding one's perceived limitations.
ADVICE

Values-Driven Business

  • Build businesses on values like relationships, community, and respect, not solely financial metrics.
  • Prioritize service, making customers and associates feel valued and creating a welcoming environment.
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