3min snip

#665: Danny Meyer, Founder of Shake Shack — How to Win, The Art of The Graceful “No,” Overcoming Setbacks, The 6 Traits of Exceptional People, The 4 Quadrants of Performance, Lessons from Hospitality Excellence, and More

The Tim Ferriss Show

notes

NOTE

Spending time with people you have taken for granted

The secret to having a great garden is to water the flowers, as the flowers will provide a canopy that prevents the weeds from getting sunlight. This lesson applies to managing employees as well, where spending more time with the people who are doing a great job can crowd out the problem employees and motivate them to be better.

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Transcript

Episode notes

Brought to you by Eight Sleep’s Pod Cover sleeping solution for dynamic cooling and heating, Athletic Greens’s AG1 all-in-one nutritional supplement, and LinkedIn Marketing Solutions marketing platform with 900M+ users.

Danny Meyer (@dhmeyer) is the founder and chairman of Union Square Hospitality Group (USHG), which comprises some of New York’s most beloved and acclaimed restaurants, including Gramercy Tavern, The Modern, Maialino, and more. Danny and USHG also founded Shake Shack, the modern-day “roadside” burger restaurant, which became a public company in 2015.

Danny is the author of the New York Times bestseller Setting the Table, which articulates a set of signature business and life principles that translate to a wide range of industries. He is the recipient of the 2017 Julia Child Award and was named by Time magazine as one of 2015’s 100 most influential people. Danny and USHG’s restaurants and individuals together have won an unprecedented 28 James Beard Awards, including Outstanding Restaurateur in 2005.

Please enjoy!

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[05:21] The meaning behind Maialino.

[08:58] Control vs. surprises.

[10:53] A pivotal conversation.

[19:46] Converting the cranky.

[22:16] ABCD: Always be collecting dots; always be connecting dots.

[25:35] Danny's first steps to chefdom.

[31:06] Being paid the worst to learn from the best.

[34:56] How business is like gardening.

[40:37] A virtuous cycle of stakeholders.

[43:57] The politely genuine decline.

[49:47] Six qualities Danny looks for when hiring.

[56:07] Work ethic lessons from Theo Epstein.