American - Businessman | August 15, 1953 -
You have to understand: the narrative that people have about business and capitalism is that they are fundamentally selfish, greedy, and exploitative. Of course, I don't agree with that narrative.
John Mackey
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There is nothing wrong with making money, but that's not particularly inspiring.
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In general, when you travel, you get into a different reality and are able to more accurately reflect on your ordinary life. Hiking does that for me.
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Some of the greatest businesses operating from a deeper purpose have a real commitment to service, like Four Seasons, Joie de Vivre hotels, Southwest Airlines, and JetBlue.
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If you're growing very rapidly, it doesn't matter if you make mistakes, in a way, because the growth kind of bails you out.
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We wanted to preserve as many jobs as possible, so when our sales continued to decline in August 2008, we did about a 5 percent reduction of our global staff. But in order not to cut any more jobs, we froze everybody's pay and put a hiring freeze on.
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I always like to say that our brand or our philosophy has always been kind of this marriage between the 'food as indulgence,' and it's also been about 'food as health,' that food is vitality.
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While we clearly need health-care reform, the last thing our country needs is a massive new health-care entitlement that will create hundreds of billions of dollars of new unfunded deficits and move us much closer to a government takeover of our health-care system.
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We should all have the legal right to purchase health insurance from any insurance company in any state, and we should be able use that insurance wherever we live. Health insurance should be portable.
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Health care is a service that we all need, but just like food and shelter, it is best provided through voluntary and mutually beneficial market exchanges.
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At Whole Foods, we allow our team members to vote on what benefits they most want the company to fund.
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