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Guy Raz

๐Ÿ‘ค Speaker
1337 total appearances

Appearances Over Time

Podcast Appearances

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

Welcome to How I Built This, a show about innovators, entrepreneurs, idealists, and the stories behind the movements they built.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

I'm Guy Raz, and on the show today, how John Gabbert left his family's furniture business to branch out on his own with Room & Board, a national brand that was inspired by IKEA.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

Many, if not most, businesses we profile on this show started with an insight that the founder or founders translated into opportunity.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

And for John Gabbert, that insight happened on a trip to Sweden.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

It was the early 1970s, and on that visit, he walked into a store that, at the time, most Americans had never heard of.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

It was called IKEA.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

And what impressed John wasn't just the designs he saw, though that was part of it.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

What struck him was the whole idea, that a store could design its own furniture, control how it was made, keep costs down, and then sell it directly to customers without all the layers in between.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

And when John came back to Minneapolis, he couldn't stop thinking about this concept.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

Because at the time, he was working for the family business, a furniture store his dad started called Gabbert's.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

Gabbert's was a pretty successful local business.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

But what it sold was completely different than what John saw in Sweden.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

Gabbard's furniture was the kind of stuff your parents or grandparents might have bought in the 1950s.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

But this was the 1970s.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

Baby boomers were starting to buy homes and build families.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

And John believed that these customers would want more modern designs, more functional and more affordable.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

Unfortunately, John's dad didn't see it that way.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

And over time, their differences in vision started to create real tension.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

And that tension would eventually lead to a decade-long family estrangement.

How I Built This with Guy Raz
Room & Board: John Gabbert. A Broken Deal, a Family Rift, and the Birth of a Furniture Giant

John walked away from the family business and bought out a small experimental division he had created inside of it.

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