#198 CEO & Co-Founder Wayfair, Niraj Shah: Homeward

Grit

Joubin Mirzadegan에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Joubin Mirzadegan 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

4M ago 54:42

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Guest: Niraj Shah, CEO and co-founder of Wayfair

Wayfair CEO Niraj Shah caught the entrepreneurship bug in his mid-20s, when he and his longtime co-founder Steve Conine sold their first company just a few years out of college. They left the acquirer and independently realized “we absolutely wanted to start something else,” Niraj recalls. “Once you’ve done that, if you enjoy that, it’s very hard to pursue something more traditional.” But the “if you enjoy that” bit really matters: Whenever he’s counseling younger people, Niraj tells them to pursue something they’re genuinely excited about. Otherwise, “it’s going to be very hard for you to do your best work.”

In this episode, Niraj and Joubin discuss shopping malls, employee discounts, working in Boston, family time, Jay Chaudhry, Cornell University, pursuing what you enjoy, fostering trust, family vacations, over-hiring corporate staff, taking market share, the power of ecommerce, ownership mentality, setting priorities, and rapid hiring.

Chapters:

(00:51) - Wayfair’s first retail stores
(05:35) - Buying from other stores
(08:59) - Immigrant entrepreneurship and Niraj’s dad
(12:57) - Building the flywheel
(15:32) - Structuring your calendar
(17:59) - Success and attention
(21:47) - Niraj’s first business
(25:54) - His co-founder, Steve Conine
(29:58) - Wayfair’s operations and the COVID surge
(33:52) - The home goods market
(37:50) - Optimizing SKUs
(41:21) - Specializing, focusing, and problem-solving
(44:42) - Sustainable work ethic
(48:05) - AI and personalization
(52:42) - Who Wayfair is hiring
(53:56) - What “grit” means to Niraj

Links:

Connect with Niraj

Connect with Joubin

Learn more about Kleiner Perkins

This episode was edited by Eric Johnson from LightningPod.fm

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