John Mackey

16 statements across 2 episodes · 3 bullish · 5 bearish · 2 people on the record · first statement Oct 29, 2024 by John Mackey · said 5 times in 3 episodes since 2024 · across every show →

On the record as a speaker too: John Mackey's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Shane Parrish (5)

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2025 3 mentions in 1 episode
2024 1 mention in 1 episode

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Everything said about John Mackey, oldest first

Oct 29, 2024
Insight
Mackey: Never make poor business decisions just to hit an outdated plan
“But the tool shouldn't become the master. Some businesses become slaves to their business plan, and it's like, we're behind the plan now, so what are we going to do differently to get us back on plan? It's like, well, don't do something stupid to try to get yo…”
John Mackey Oct 29, 2024 ▶ 1:42:57 John Mackey: Building Whole Foods
Oct 29, 2024 bearish
Prediction Not checkable as stated
Mackey: Clear grocery health ratings will drive away shoppers or get diluted
“What they would do is they'd dumb it down so that a lot of stuff that you think is red now would all of a sudden be green. And the, It's like, because most of the food that we're selling in supermarkets is not good for people. And if you start telling the trut…”
John Mackey Oct 29, 2024 ▶ 2:09:48 John Mackey: Building Whole Foods
Oct 29, 2024 positive
Insight
Mackey: The best capital is self-generated profit to retain business control
“The best capital you'll ever have is the capital you make yourself, and if you don't want to lose control of your business, then make sure you're very profitable, don't scale too quickly, grow your business thoughtfully and painfully patiently, keep your costs…”
John Mackey Oct 29, 2024 ▶ 31:47 John Mackey: Building Whole Foods
Oct 29, 2024 positive
Disclosure
Mackey: Whole Foods left Mrs. Gooch's unintegrated for years after acquisition
“We pretty much just left them alone for the first few years and didn't try to integrate them into our company or culture. Just let them operate independently. That was the solution, and it worked.”
John Mackey Oct 29, 2024 ▶ 41:01 John Mackey: Building Whole Foods
Oct 29, 2024 negative
Opinion
Mackey: Whole Foods was not as good at cost discipline
“Whole Foods was not as good at that if we were at other things. And I wasn't as good at that as I should have been.”
John Mackey Oct 29, 2024 ▶ 52:36 John Mackey: Building Whole Foods
Oct 29, 2024 neutral
Opinion
Mackey: Based on probability, new venture Love.Life will fail
“I'm on a new one with Love Love. I don't know how it's going to turn. I could fail. I mean, based on probability, it will fail, because most things do fail. Most businesses do fail.”
John Mackey Oct 29, 2024 ▶ 1:55:10 John Mackey: Building Whole Foods
Oct 29, 2024 neutral
Insight
Mackey: Idealism without catering to customer demand leads to business failure
“If you just want to have your ideals, you can have them, but you may not have a business. So you have to engage with the market. You can try to influence the market. You can try to educate the market. But at the end of the day, they vote every day with their p…”
John Mackey Oct 29, 2024 ▶ 8:32 John Mackey: Building Whole Foods
Oct 29, 2024 negative
Assertion Supported
Mackey: Whole Foods lost $100 million on dot-com investments
“Times, I had the, I bought the Amory on, I pushed the dude dot com, we can't let the internet opportunity escape us. A hundred million dollars we lost.”
John Mackey Oct 29, 2024 ▶ 1:53:09 John Mackey: Building Whole Foods
Oct 29, 2024 negative
Disclosure
Repeated disagreements with Amazon ultimately led to Mackey's retirement
“I had my share of disagreements with Amazon. I fought with them many times, and ultimately that led to me to retire.”
John Mackey Oct 29, 2024 ▶ 1:20:02 John Mackey: Building Whole Foods
Oct 29, 2024 neutral
Insight
Mackey: Whole Foods' Optimal Annual Growth Rate Was 15% to 25%
“So there is an optimum level of growth, and it's not too little that you'll lose people, and not so high that your culture gets diluted down and changes negatively. So at Whole Foods, that sweet spot for us was between about 15 and 25%.”
John Mackey Oct 29, 2024 ▶ 37:45 John Mackey: Building Whole Foods
Oct 29, 2024
Assertion Not checkable as stated
Amazon acquisition talks involved a secret location and security searches
“When we were going up there to talk about maybe Amazon buying Whole Foods you know, we were meeting at Jeff's Boathouse, which was next to his mansion on Lake Washington, and, but when we, they wouldn't tell us who the meeting place was until we landed, and th…”
John Mackey Oct 29, 2024 ▶ 1:01:17 John Mackey: Building Whole Foods
Oct 29, 2024 bearish
What-if
Mackey would aggressively compete with Erewhon if still Whole Foods CEO
“I would love to be competing more aggressively with Erewhon if I was still the CEO.”
John Mackey Oct 29, 2024 ▶ 29:57 John Mackey: Building Whole Foods
Oct 29, 2024
Assertion Not checkable as stated
Mackey: Defeated four internal coup attempts across Whole Foods history
“I count four different coup attempts that occurred over the history of the company that I was able to beat back.”
John Mackey Oct 29, 2024 ▶ 29:13 John Mackey: Building Whole Foods
Oct 29, 2024
Insight
Mackey: Project leaders rarely admit failure and instead lobby for resources
“Generally, when something is failing, the people that Are responsible for it. Don't want to admit it's failing, and what they do is that we need more resources. I can make this trick, but you need to give more resources.”
John Mackey Oct 29, 2024 ▶ 51:09 John Mackey: Building Whole Foods
Oct 29, 2024 positive
Insight
Mackey: Professional managers optimize for career risk while entrepreneurs optimize for experimentation
“That's the job of the entrepreneur is to see things the professionals would not see, or the professionals are making a more calculated decision on is this good for my career or not? Or if this succeeds, will it really help my career? But if it fails, will I en…”
John Mackey Oct 29, 2024 ▶ 55:49 John Mackey: Building Whole Foods
Dec 16, 2025
Insight
John Mackey: Controlling Investors Are Bad Money That Compromise Founder Vision
“Bad money is worse than no money. Do you remember when I interviewed Whole Foods founder John Mackey? He called bad money hitchhikers. Bad money will pay for the gas. As long as you do what they want and go where they want to go, and slowly you lose yourself a…”
Shane Parrish Dec 16, 2025 ▶ 23:34 Bernie Marcus: The Story of Home Depot
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