Secret Leaders with Dan Murray-Serter & Chris Donnelly  cover image

Secret Leaders with Dan Murray-Serter & Chris Donnelly

MedMen: what went wrong at the cannabis industry’s first unicorn, with Founder and former CEO Adam Bierman

Mar 1, 2022
Former CEO of MedMen, Adam Bierman, reflects on the rise and fall of the cannabis industry's first unicorn. He discusses the decline of MedMen's value, personal financial losses, leaving the company, and lessons learned from the experience.
55:04

Episode guests

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Quick takeaways

  • Having a clear purpose and a sense of naivety drives motivation and resilience in entrepreneurship.
  • Scaling a business requires balancing cultural values, employee well-being, and specific areas of expertise.

Deep dives

The importance of purpose and naivety in entrepreneurship

Adam Beerman emphasizes the significance of having a clear purpose and a sense of naivety as an entrepreneur. He believes that having a strong purpose, whether it's financial stability or creating a positive impact, drives motivation and resilience throughout the entrepreneurial journey. He also highlights the value of naivety, as it allows entrepreneurs to push boundaries and challenge norms without being limited by preconceived notions or naysayers. These qualities can contribute to the success and fulfillment of an entrepreneurial venture.

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