Kat Cole is the President and Chief Operating Officer of Focus Brands, a company doing nearly $5 billion in annual revenue. She is the former president of Focus Brands' subsidiary Cinnabon. Prior to that, she was an Executive Vice President of Hooters. In this conversation, we discuss leading through hyper-growth, obsession with truth, why time is bad when dealing with problems, what the hotshot rule is, the importance of consumer-obsessed mindsets in business, and how Focus Brands is handling the COVID-19 pandemic and the related economic crisis. =============================== BlockFi allows you to keep your crypto, put it up as collateral, and receive a USD loan funded directly to your bank account. They do loans ranging from $2,000 to $10,000,000, and they're perfect for helping you reach your financial goals of all sizes. Visit BlockFi.com/Pomp to learn more about putting your crypto to work without having to sell it. https://www.blockfi.com/pomp =============================== Our second sponsor is choice, a new self-directed IRA product that I'm really excited about. If you are listening to this, you are likely part of the 7.1 million bitcoin owners who have retirement accounts with dollars in them, but not bitcoin. I was in that situation too. Now you can actually buy real Bitcoin in your retirement account. I'm talking about owning your private keys and using tax-advantaged dollars to do it too. Absolute game changer. https://www.retirewithchoice.com/pomp =============================== Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com

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“What did the council decide on item 42?” — answered with the speaker and the moment.