The Audacity of Hope, the 2nd book written by
then-senator Barack Obama , was released in October of 2006. The public
response to the book was so positive that it was one of the reasons he
announced his candidacy for president a little more than 3 months after its
release.
I was reminded of the book again today for reasons that are
totally unrelated to politics, or to each other.
The first reminder came when we watched Tiger Woods win his 5th
Masters title at the Augusta National Golf Club. It was his first major
tournament in 11 years, and it came 21 years after his first Masters
championship at the age of 21. At the age of 21 years, 3 months, and 14 days,
he was the youngest winner in the history of the tournament, surpassing Jack
Nicklaus who had been the youngest player to win the Masters in 1963, at the
age of 25 years, 2 months, and 21 days. Tiger won a little more than $2 million
for his victory today, which will add a little more to his net worth of nearly
$800 million.
Jack Nicklaus still holds the record for the oldest victor in the
Masters, when he won it in 1986 at the age of 46 years, 2 months, and 23 days.
The 2nd oldest winner of the Masters?
Tiger Woods. When he won the Masters this year, he was 43
years, 3 months, and 15 days old.
Tiger’s last major tournament win was in 2008. Since that
time, he has had 4 back surgeries, and endured a painful divorce, but he never
gave up his dream of winning the Masters again. His steely demeanor during the
tournament was a clue to his determination to win, once again, but it rapidly
disappeared after he sank the final putt:
The second reminder also came as we watched the Masters, but
it had nothing to do with golf.
Part of Sharon’s breakfast this morning was a Chobani yogurt, which
has recently become her favorite brand of yogurt. The history of the company itself,
though, is why all of us can be hopeful about the future.
Like Google, Chobani was founded by an immigrant. In the case
of Google, the immigrant’s name was Sergey Brin, and he was an immigrant from Russia.
He and fellow Stanford student Larry Page started Google in January of 1996. Today,
it has the 4th highest market capitalization of any company in the
world, at $818 billion. Sergey Brin is now 45 years old, and is worth $56
billion.
Chobani’s success is a lot more modest than Google’s but it is
still impressive.
The founder of Chobani is an immigrant from Turkey named Hamdi
Ulukaya. Chobani
was inspired by Ulukaya’s childhood raising sheep and goats and making cheese
with his family. Not impressed by the yogurt options available in the United
States, Ulukaya made strained yogurt at his home in Upstate NY. In
2005, after seeing an ad for a former Kraft Foods yogurt plant for sale in South Edmeston, New York, Ulukaya bought it with a Small Business
Administration Loan[ He launched
the strained yogurt business with the help of a handful of the plant's former
employees. His goal was to provide Americans with a more authentic, nutritious
and accessible yogurt[ In less than
five years after launch, Chobani realized over $1 billion in annual sales and
became the leading seller of Greek yogurt in America.
From
a financial standpoint, Chobani is a successful company. More importantly,
though, Chobani has been recognized as a socially responsible company.
Chobani Foundation[
Since the founding of the company,
Chobani has donated a portion of profits back into the communities where its
employees live and work. It’s
charitable arm, the Chobani Foundation, was formed in 2010, and focuses on
improving childhood nutrition, strengthening the communities near its plants in
New York and Idaho, and supporting those in need after major disasters in
the U.S
Chobani Incubator
Hamdi Ulukaya launched the Chobani
Food Incubator in 2016 to support food entrepreneurs aiming to challenge the
food industry, improve broken systems, and bring better food to more people. The
program provides food and beverage startups with a nonequity investment,
resources, mentorship and programming.
Chobani shares
In April 2016, Chobani announced it
was giving 10 percent of its ownership stake to its employees. The company
allotted shares to its employees based on tenure, reportedly helping some of
the company’s longest serving employees become millionaires. As of last June,
Ulukaya himself was worth $1.7 billion.
Hiring refugees
In 2016, following reports on
Chobani’s practice of employing refugees, the company received calls for
boycotts and death threats. Approximately 30% of Chobani’s 2,000 employees are
legally resettled refugees and immigrants.
https://en.wikipedia.org/wiki/Chobani
Mr. Ulukaya recently gave a speech at the TED conference. The CEO of Chobani would like to see an "anti-CEO" revolution, and his ideas make sense.
https://www.fastcompany.com/90335533/chobanis-hamdi-ulukaya-wants-an-anti-ceo-revolution?utm_source=NationSwellfacebook&utm_medium=outreach&utm_campaign=NationSwellOutreach&fbclid=IwAR1Ln6YSBCyztUoiDUNjaV6iq-MF7BbEvIk9jdFrlI9i1ge_K_Gxnh6YXLE
Mr. Ulukaya recently gave a speech at the TED conference. The CEO of Chobani would like to see an "anti-CEO" revolution, and his ideas make sense.
https://www.fastcompany.com/90335533/chobanis-hamdi-ulukaya-wants-an-anti-ceo-revolution?utm_source=NationSwellfacebook&utm_medium=outreach&utm_campaign=NationSwellOutreach&fbclid=IwAR1Ln6YSBCyztUoiDUNjaV6iq-MF7BbEvIk9jdFrlI9i1ge_K_Gxnh6YXLE
All of us are reminded, practically on a daily basis, what’s
wrong with America and large parts of the world. As a result, it’s important to
focus on the positive elements of our society so that we have, once again, hope
for the future.
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