#75 Henry Clay Frick: Andrew Carnegie's Partner
Founders
00:00
Slow expansion and learning from family financial failures
The founder of Shake Shack took several years to expand his business, and his first high-end restaurant also had slow growth. This cautious approach was influenced by the founder's experience of his father's financial failures, where expanding businesses led to family bankruptcy. The speaker emphasizes the significant impact of early life traumas on an individual's behavior and decisions.
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