Democratizing luxury | How Rent the Runway changed the way we shop and grew to a $1B company – an interview with co founder Jenny Fleiss
Jenny Fleiss created Rent the Runway, a company now valued at $1 billion, in the wake of the most severe economic recession the United States has seen since the Great Depression. When everyone else was panicking in 2008 and 2009, Jenny and co founder Jennifer Hyman saw an opportunity. The problem they were trying to solve was simple enough: Looking into your closet and realizing you don’t have anything to wear to an important event, like a wedding, but don’t have the budget to buy something new. So they innovated, and created an entirely NEW way to shop by allowing women to rent designer clothing, online, for a fraction of what it actually costs. Today, the rental, or sharing economy is booming – companies like WeWork, REI, and Zipcar make it possible for us to experience something, without the cost of ownership. But to put this in perspective, nothing like this existed at the time. Jenny shares how she and her co founder got Rent the Runway up and running – and how they grew the business to where it is today. You’ll also hear Jenny’s philosophy on how she approaches hiring talent at JetBlack, a personal shopping service she co founded after leaving Rent the Runway, which is not only critical when you’re starting a business, but also when scaling it. The interviewer for this episode is Scott Harris, a coach, mentor and a speaker at many of Tony’s events, including his business event, Business Mastery.
From hot dog cart to hospitality empire | How Danny Meyer, founder of Union Square Hospitality Group, became the greatest restaurateur NYC has ever seen
As founder and CEO of Union Square Hospitality Group and Shake Shack, Danny Meyer has grown his empire to include some of New York’s most beloved and acclaimed restaurants and cafes. Together, Danny’s restaurants and team have won an unprecedented 28 James Beard Awards – the food industry’s highest honor. But it’s not just great food that sets Danny’s restaurants apart from the rest. It’s what people experience and feel when they’re eating there. In fact, Danny Meyer’s story is a remarkable testament to the sheer power of hospitality. In this episode, we explore the unique and celebrated culture of hospitality that Danny has created. He shares with Tony how he’s managed to scale that culture across Union Square Hospitality Group, as well as Shake Shack, the fast-casual restaurant Danny founded back in 2001. With Danny at the helm, what started as a single hot dog cart in Madison Square Garden is now a publicly traded company with over 250 locations and 6,000 employees. Listen closely, because Danny also shares the six qualities he looks for when hiring employees – from dishwashers to executive chefs – and what he thinks it takes for entrepreneurs across all industries to succeed in business.
Masters of Business | An introduction to the new business season from Tony Robbins
Next up on the Tony Robbins Podcast is the Masters of Business series, where we’re bringing you a collection of interviews and stories from today’s most respected entrepreneurs in hospitality, technology, retail, and marketing. You’ll also get an inside look into the strategy and mindset that Tony has used to grow his own businesses – which together, have combined sales of more than 5 billion dollars a year. Stay tuned in for the first episode of the series, where Tony talks to Danny Meyer, the founder of Union Square Hospitality Group, which is the parent company of Shake Shack and many well-known New York City restaurants.
Fear will destroy you or drive you | Tony, world-champion triathlete Siri Lindley, and Free Solo’s Sanni McCandless on how fear can fuel your fire
We all experience fear. Fear of failure, fear of rejection, fear that we’re just not enough – fear is a common current that runs through all of our lives. For so many of us, fear rules everything and prevents us from reaching our true potential. In this episode, we’re diving into fear – how it shows up, how we handle it in different ways, and how we can use it to serve a valuable purpose and achieve the lives we truly desire. You’ll hear from Tony, as she shares his strategies on how he’s conditioned his own mind to overcome fear and become a successful entrepreneur that impacts the lives of millions. You’ll also hear from Siri Lindley, a world-champion triathlete and coach – who shares how she overcame her fear and OCD, and went on to become the best triathlete in the world while finding love and respect for herself along the way. And, if you’ve seen the Oscar-winning documentary, ‘Free Solo,’ you might remember Sanni McCandless, whose boyfriend, Alex Honnold climbed El Capitan – the 3,000 foot granite face looming over Yosemite Valley, without any ropes or safety harnesses. Sanni is a skilled life coach, and here she explains how she helps her coaching clients work through their everyday fears. Listen as she shares how she felt on the day of Alex’s free solo climb, and she overcame her own fear of losing him on that fateful day.
Mike Tyson’s road to a second chance | The polarizing highs and lows of one of the most thrilling, controversial and celebrated boxers of all time
Mike Tyson is a household name – you might know him as the youngest heavyweight boxing champion in the world, or maybe by his cameo in the movie The Hangover. One thing persists above these anecdotes, though: Mike Tyson is a fighter in life – and he’s a fighter for love. Having experienced extreme highs and lows over the course of a long and storied career, Mike has learned to take responsibility for his lows, and use them to learn, grow, and pivot to something new. His attitude toward growth and his deeply felt gratitude for all the gifts of his life have led him to THRIVE in the face of unthinkable adversity (and, at times, in the aftermath of his own disastrous decision-making). But how? How does the once self-proclaimed “baddest man on the planet” transform into the Mike Tyson of today – someone focused on creating balance, mindfulness and a strong spirit? How does “Iron Mike Tyson” become the man who sees every adversity as a beautiful gift? Get to know the real Mike Tyson on this episode of the Tony Robbins Podcast.