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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

He studied their buying practices carefully.

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

McDonald's purchasing agents pitted one supplier against another on quality and price.

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

They insisted on special equipment and specifications far beyond what any ordinary client would demand.

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

They were, by a wide margin, the most exacting buyer in the world.

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

But Harrison discovered something that made the prize worth chasing.

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

Once McDonald's took you on, they tended to stay loyal.

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

Their relationship was yours to lose.

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

Getting in, however, almost didn't happen.

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

And it was Harrison's own fault.

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

Both brothers visited a senior McDonald's buyer.

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

McDonald's was interested enough to ask for a tour of the Florenceville plant.

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

Harrison's response had a bit too much chutzpah.

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

He told the man, tell us what you want and we will produce it.

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

We know how to make French fries and we don't need you guys to tour our plant.

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

That was the end of the conversation.

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

and it would take years to recover.

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

It was a rare mistake born of pride.

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

The same boldness that had won him a pharmaceutical job at 22 that had talked bankers and politicians into funding a cow pasture factory had slammed shut the most important door in the industry.

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

Harrison had walked in as if McDonald's were another regional grocery chain, and they weren't, and they didn't forget it.

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

It took years of patient diplomatic work by other executives to rebuild that relationship.