Arena Show Part II: Brooks Running (with CEO Jim Weber)

For the final act of the Arena Show, we’re joined by Brooks CEO Jim Weber to tell the amazing story of how he transformed the company from a 3rd tier, deeply cashflow negative “also-ran” into one of the world’s premiere fitness brands and a crown jewel of the Berkshire Hathaway empire — with compounding revenue and cashflow growth that rivals even the legendary Mrs. See’s Candies! *More Acquired:* - Get email updates https://www.acquired.fm/email and vote on future episodes! - Join the Slack http://acquired.fm/slack - Check out the latest swag in the ACQ Merch Store https://www.acquired.fm/store! _Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions._

Ben GilberthostDavid RosenthalhostJim Weberguest

May 16, 20221h 10mWatch on YouTube ↗

EPISODE INFO

Released: May 16, 2022
Duration: 1h 10m
Channel: Acquired
Watch on YouTube: ▶ Open ↗

EPISODE DESCRIPTION

For the final act of the Arena Show, we’re joined by Brooks CEO Jim Weber to tell the amazing story of how he transformed the company from a 3rd tier, deeply cashflow negative “also-ran” into one of the world’s premiere fitness brands and a crown jewel of the Berkshire Hathaway empire — with compounding revenue and cashflow growth that rivals even the legendary Mrs. See’s Candies! *More Acquired:*
Get email updates https://www.acquired.fm/email and vote on future episodes!
Join the Slack http://acquired.fm/slack
Check out the latest swag in the ACQ Merch Store https://www.acquired.fm/store!
_Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions._

SPEAKERS

Ben Gilbert
host
David Rosenthal
host
Jim Weber
guest

EPISODE SUMMARY

In this episode of Acquired, featuring Ben Gilbert and David Rosenthal, Arena Show Part II: Brooks Running (with CEO Jim Weber) explores brooks CEO Jim Weber on focus, turnaround, and durable moats The episode features an on-stage conversation with Brooks Running CEO Jim Weber at Acquired’s Arena Show, detailing Brooks’ dramatic turnaround starting in 2001 when the company was losing money, heavily indebted, and near missing payroll.

RELATED EPISODES