Not Investment Advice 180: Founder Mode, Seasonal Businesses, Spirit Halloween’s $650m+ Biz and X vs. Brazil
Sep 4, 2024
A lively discussion on the concept of 'Founder Mode' versus 'Manager Mode' reveals the balancing act in startups. Seasonal businesses like Spirit Halloween rake in impressive revenues by leveraging vacant retail spaces. The podcast highlights the wedding industry's peak engagement times and the surprising financial benefits of holidays. Meanwhile, a debate on Brazil's tech regulations raises significant questions about free speech and government control in the digital age.
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Founder Mode vs. Manager Mode
- Founder mode contrasts with manager mode in how large companies operate.
- It emphasizes a hands-on approach instead of delegating tasks.
Brian Chesky's Founder Mode
- Brian Chesky, Airbnb's CEO, initially followed conventional advice to scale the company by hiring good people and giving them autonomy.
- However, this resulted in disastrous outcomes, prompting him to adopt a more founder-mode approach.
Seasonal Business Examples
- Mariah Carey earns substantial royalties from her Christmas music, demonstrating seasonal business profitability.
- KFC and Domino's experience peak sales on Super Bowl Sunday.