Founders ✓ Claim <br/><br/><h4 class="wp-block-heading"><strong>Key Takeaways </strong></h4> <ul class="wp-block-list"><li><strong>Top maxims from this episode: </strong><ul class="wp-block-list"><li>“Never sacrifice quality for speed.”</li><li>Focus on one thing and do it better than anybody else</li><li>Always be raising the bar; the best are never satisfied </li><li>Praise costs nothing but means everything </li><li>Stay in the game long enough to get lucky </li></ul></li><li><strong>“Nothing ever happens unless someone pursues a vision fanatically.” – </strong><strong><em>Todd Graves </em></strong></li><li>Entrepreneurs have something to prove; they want to prove that their vision about the world is right  </li><li><strong>The word ‘delegation’ is used way too much in business</strong>; trust your instincts and keep working in the details </li><li><strong>Take more risk and hold onto your equity so that your dream remains in your possession</strong> </li><li>The best entrepreneurs treat every ‘no’ they get as fuel </li><li><strong>You want to work with people who are more concerned with contributing to a high-performing team than with titles or pay </strong></li><li>Money will come when you do things for the right reasons </li><li><strong>The best investors are not investors; they are entrepreneurs that never sold </strong></li></ul><br><br><a href="https://podcastnotes.org/uncategorized/todd-graves-%e2%80%92-raising-canes-david-senra-4/">Read the full notes @ podcastnotes.org</a><br><br><hr><br><br><p>Todd Graves is one of my favorite living founders. He owns over 90% of Raising Canes — a business that is worth at least $20 billion. Todd&#39;s maxim is &quot;Do one thing and do it better than anyone else.&quot; It is impossible not to be inspired by his terminator levels of determination. I hope you enjoy our conversation as much as I did. </p> <p>Episode show notes: ⁠https://www.davidsenra.com/episode/to...</p> <p>Made possible by<br> Ramp: ⁠⁠https://ramp.com⁠⁠<br> HubSpot: ⁠⁠https://hubspot.com⁠⁠<br> Function: ⁠https://functionhealth.com/senra⁠</p> <p>Chapters</p> <p>(00:00) The Entrepreneurial Mindset: Sleep and Business Obsession<br> (02:13) The Birth of Raising Cane&#39;s: Overcoming Skepticism<br> (03:29) Inspiration from In-N-Out Burger<br> (07:17) The Importance of Quality and Focus<br> (14:49) The Journey to Success: Hard Work and Sacrifice<br> (19:21) The Early Days: Building Raising Cane&#39;s from Scratch<br> (21:23) Financing the Dream: Unconventional Paths<br> (32:28) The Relentless Pursuit of Success<br> (33:02) Commitment and Oaths: The Camping Trip<br> (34:02) Fanaticism and Relentless Focus<br> (34:53) Learning from Others and Continuous Improvement<br> (35:06) The Never-Satisfied Mindset<br> (36:04) The Importance of Founders in Business<br> (39:55) The Purpose Beyond Profit<br> (51:52) Financing the Dream: Credit Cards and SBA Loans<br> (55:47) Building the First Restaurant<br> (57:56) Expanding the Vision<br> (58:59) Positive Motivational Management<br> (01:00:51) Creating a Coaching Culture<br> (01:01:42) Intrinsic Motivation vs. Titles<br> (01:02:41) The Importance of Being Present<br> (01:06:35) Respect, Recognition, and Rewards<br> (01:09:12) The Power of Encouragement<br> (01:18:10) The Myth of Delegation<br> (01:22:57) Focus on What You Do Best<br> (01:30:07) Dining at Jiro in Tokyo<br> (01:30:59) The Franchise Model Debate<br> (01:32:50) Challenges of Franchising<br> (01:35:21) Building a Business Authentic to You<br> (01:37:07) Financing and Expansion Strategies<br> (01:49:13) Surviving Hurricane Katrina<br> (01:55:48) Lessons from Estée Lauder<br> (01:58:06) Final Thoughts and Reflections</p>