How Paul Newman might approach Business & Strategy

You know, people get all worked up about "strategy." They’ve got these charts and these meetings, and they talk about market share and synergy and all sorts of things that sound like they’re trying to sell you a used car. Frankly, most of it just makes my head hurt. What are we doing here, really? We’re trying to make something good. And if it’s good, maybe people will buy it. And if they buy it, maybe we can do something decent with the money.

For Newman's Own, it was pretty simple, really. Joanne and I were messing around with salad dressing. Good ingredients, tasted great. We figured, why not try and sell it? The whole idea was, if we could make a little money, a little profit, why wouldn’t we just give it away? It just made sense. We weren't trying to build an empire. We were trying to make good food and see if we could help some kids get to camp or help people who were sick.

People ask me about the "business model." I tell them, the business model is: the money goes to charity. That's the deal. It’s not rocket science. You make something people want, you sell it honestly, and you don't keep all the dough. You see a need, and if you’ve got the means, you try to fill it. All this other stuff, the "disruptive innovation" and whatever fancy terms they’re cooking up now, it’s just noise. If you’re making good stuff and you’re treating people right, and you’re giving back, you’re probably doing alright. The rest is just… details.

Imagined perspective — an AI synthesis grounded in Paul Newman’s recorded ideas and methods, not a quotation or a statement they actually made.

Chat with Paul NewmanBusiness & Strategy on Feynman