Why Whole Foods CEO Fired His Dad From the Board

Why Whole Foods CEO Fired His Dad From the Board

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The speaker reflects on their journey of building a company, highlighting the support and mentorship from their father. Initially, the father was supportive, despite not knowing about figures like Mark Zuckerberg or Bill Gates. The speaker relied heavily on their father's advice until a conflict arose over the company's growth strategy. The speaker decided to take full control, leading to a successful expansion of Whole Foods. Despite initial hurt feelings, the father's decision to keep part of his stock resulted in significant financial gain. The speaker acknowledges learning more over time and reflects on the importance of their father's early support.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who was not yet born when the speaker started his company?

Bill Gates

Mark Zuckerberg

Steve Jobs

Elon Musk

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role did the speaker's father play in the early years of Whole Foods?

He was the CEO

He was a financial investor

He was a mentor and advisor

He was a marketing consultant

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At what age did the speaker feel ready to run the company independently?

45 years old

30 years old

35 years old

40 years old

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the speaker ask his father to do with his stock?

Sell all of it

Donate it to charity

Sell half and keep the other half

Buy more stock

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the outcome of the speaker's decision regarding his father's stock?

The company struggled

The company remained the same

The company grew significantly

The company was sold