Dave Whorton

In this conversation, Dave Whorton, founder of Tugboat Institute and author of Another Way, shares his insights on building evergreen companies that prioritize permanence and purpose. He discusses why he transitioned from a career in venture capital to focus on long-term, sustainable growth. Dave highlights the seven core values of evergreen businesses and the importance of family governance. He also explains how purpose-driven companies can outperform others and offers strategies for fostering multi-generational success in business.

In this conversation, Dave Whorton, a tech investor and founder of Drugstore.com, advocates for purpose-driven businesses that prioritize lasting impact over quick exits. He challenges the culture of entrepreneurial sprints to cash out, presenting the concept of 'evergreen' companies. Dave outlines the 7 P's essential for sustainability: Purpose, Perseverance, and more, emphasizing that real strength stems from a solid foundation rather than external funding. He inspires listeners to embrace change and focus on building a legacy.

In this engaging discussion, guest Dave Whorton, a seasoned CEO and author of "Another Way," shares insights on governance and harmony in family businesses. He emphasizes the importance of strong relationships and effective tools like outside board members and family councils. Whorton also discusses strategies for creating multi-generational firms, the transition from venture capital to family ownership, and how various industries nurture evergreen businesses. His anecdotes highlight the critical balance of leadership, planning, and emotional dynamics in achieving lasting success.