How Kindness Became a Billion-Dollar Business Strategy with Daniel Lubetzky
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Trademark 2025 U.S. Bank. I'm Nicole Lappin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab. Is kindness an asset or a liability in business? Well, Daniel Lubetzky says it's an asset, and he would definitely know. He founded Kind Snacks and built it into a multi-billion dollar business while always keeping the namesake top of mind. And as the great poet Rihanna once pointed out, kindness can be mistaken for weakness. But that hasn't been Daniel's story. He's shown a lot of strength while being kind and building his company. For example, during Kind's history, he bought out a PE firm for $220 million in order to maintain his leadership. Today, he gives us the behind the scenes of that story.
And we also talk about the difference between being nice and being kind and how he's supporting other founders through his firm Camino Partners and on Shark Tank. I am so excited to say, Daniel Lubetzky, welcome to Money Rehab.
I'm excited to be with you because you and I knew each other way back when you were a young kid.
You were a young kid. Where did we meet exactly?
I seem to think it was a dinner. Am I right or wrong?
I think the dinner was after the interview. You came on my early morning show on CNBC.
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Chapters
7 chapters
1
What is the main topic discussed in this episode?
0:00–11:55
2
Is kindness an asset or a liability in business?
11:55–12:55
3
How did Daniel Lubetzky build Kind Snacks into a billion-dollar company?
12:55–14:19
4
What challenges did Daniel face with private equity firms?
14:19–14:44
5
What is the difference between being nice and being kind?
14:44–15:13
6
How did Daniel manage to buy out a private equity firm for $220 million?
15:13–48:37
7
What lessons does Daniel share about feedback in the workplace?
48:37–57:58
Speakers
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