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John Mackey

๐Ÿ‘ค Speaker
1501 total appearances

Appearances Over Time

Podcast Appearances

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

Our investors got like 30% more money from that sale than they had previously to Amazon doing it.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

The price of the stock went up.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

And our communities also developed because of our philanthropy, our foundations.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

Not only did Amazon not change that, they made additional donations to our Whole Planet Foundation, our Whole Kids Foundation.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

So they've been a good partner in a lot of ways.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

But culturally, that's been the rubbing point.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

We're different culturally.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

And to give Amazon credit there, they haven't really tried

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

to change Whole Foods culture in any direct way.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

They like our culture.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

But the metaphor I'd come up with, Jen, is like, think of Amazon like this giant sun.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

And we're like a big planet in their orbit, like Jupiter.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

Okay, we're big.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

We were a Fortune 250 company when they bought us.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

But Amazon was a Fortune 5 company when they bought us.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

So even though they haven't tried to change us, the fact of the matter is their gravitational pull is so powerful that Whole Foods is nevertheless affected by it.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

So we're still Whole Foods, but we are changing the gravities affecting Whole Foods.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

I will tell you what my motto is now that I've retired in just about three years.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

It's not my problem any longer.

Habits and Hustle
Episode 495: John Mackey: From Living Above a Store to $13.7 Billion Exit - The Whole Foods Story

Right.