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Shane Parrish

๐Ÿ‘ค Speaker
15908 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

You bet the bundle every year, year after year, he said.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

If you're wrong once, you're out.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

We kept pushing the business as hard as we could, borrowing all we could, building and borrowing and building.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

We were risking it all.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

on deal after deal.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

Most people talk about business as if it's something they endure to get a result.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

Harrison talked about it like he was in love.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

When asked what drove him, he said, the game is action.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

What's going on?

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

There's something new all the time, buying companies, building factories, hiring guys, motivating people, seeing advertising programs, taking positions on commodities, borrowing money, settling lawsuits.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

I mean, if you're competing against a guy who thinks that settling lawsuits is part of the fun, you're at a serious disadvantage.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

But before they could conquer the world, they had to win in the kitchen.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

Their real biggest competition wasn't another company, it was a fresh potato.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

Restaurant owners took pride in serving fresh produce.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

They were certain that their customers wouldn't accept a frozen substitute.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

And at least on the surface, the price comparison looked brutal.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

Raw potatoes cost about a penny and a half per kilogram.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

McCain's frozen fries cost nine cents.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

But Harrison had learned from Casey Irving to compare apples with apples.

The Knowledge Project
[Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants

So the McCains developed a pitch and they honed it through relentless repetition.