:30 This is not a typical business book
4:00 Why don't you just do what you've been thinking about doing your whole life?
8:00 How Danny learned from other founders on what to do and what to avoid
18:00 The smartest business decision I ever made
20:00 Optionality as a nonnegotiable
23:30 Inadequate focus on core product
27:00 The founding of Shake Shack is an example of this great quote from Jeff Bezos: "We know from our past experiences that big things start small. The biggest oak starts from an acorn. If you want to do anything new you’ve got to be willing to let that acorn grow into a little sapling and finally into a small tree and maybe one day it will be a big business on its own."
38:00 Advice from Stanley Marcus (Neiman Marcus): "The road to success is paved with mistakes well handled."
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You can also support Founders by buying one of the books featured on the podcast using the links below. (Amazon will send Founders a small percentage of the sale at no additional cost to you.)
Setting the Table: The Transforming Power of Hospitality in Business http://amzn.to/2oTBIee
Becoming Steve Jobs: The Evolution of a Reckless Upstart into a Visionary Leader http://amzn.to/2G7hZiR
Let My People Go Surfing: The Education of a Reluctant Businessman http://amzn.to/2FmMh3Z
The Everything Store: Jeff Bezos and the Age of Amazon http://amzn.to/2Foo3pR
Titan: The Life of John D. Rockefeller http://amzn.to/2oQQId1
Leonardo da Vinci http://amzn.to/2Fpx7Ha
The Accidental Billionaires: The Founding of Facebook: A Tale of Sex, Money, Genius and Betrayal http://amzn.to/2oSNOVg
The Elon Musk Blog Series: Wait But Why http://amzn.to/2DevVVe
Shoe Dog: A Memoir by the Creator of Nike http://amzn.to/2Fl7R8U
I Invented the Modern Age: The Rise of Henry Ford http://amzn.to/2Hi9j8A
The Intel Trinity: How Robert Noyce, Gordon Moore, and Andy Grove Built the World's Most Important Company http://amzn.to/2DcxAdG
Grinding It Out: The Making of McDonald's http://amzn.to/2oQSE5h
Sam Walton: Made In America http://amzn.to/2FoS98J
Steve Jobs http://amzn.to/2FlTcu7
The Patriarch: The Remarkable Life and Turbulent Times of Joseph P. Kennedy http://amzn.to/2G5SBtA
The Wizard of Menlo Park: How Thomas Alva Edison Invented the Modern World http://amzn.to/2FsTQls
Walt Disney: The Triumph of the American Imagination http://amzn.to/2G7Qshg
Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future http://amzn.to/2Fttb83