Birkenstock IPO’d today at a ~$8B valuation.
Its CEO Oliver Reichert did a massive turnaround in the past decade: sales 5x’d from $125m in 2012 to $1.3B in 2022.
The wildest part: he has zero background in footwear or fashion.
Prior to taking over the top job... See more
Quickly, though, I cared quite a bit—about the mission, my coworkers, the writers we worked with. First of all, I couldn’t fake liking the people. And while work-life balance would’ve been pleasant, you have to get in the pressure cooker if you want to grow. Let a place shape you, at least sip the kool-aid. My generation is well-practiced in the... See more
48 smart things Sam Walton wrote in his autobiography:
1. It never occurred to me that I might lose. It was almost as if I had a right to win. Thinking like that often seems to turn into a self-fulfilling prophecy.
2. We just got after it and *stayed* after... See more
One of the biggest reasons it gets harder to do new things as you get older is that new things are generally undignified at first (indeed, this is an excellent heuristic for discovering them) and the older you get, the more dignified you're expected to be.