The Foundr Podcast with Nathan Chan
Business:Entrepreneurship
436: Why It’s OK to Quit with GrubHub Founder Mike Evans
If you don’t know Mike Evans, you’ve probably used his first business when the craving for takeout hits you on a Saturday night. Evans started GrubHub in 2002 as a hobby and built it into one of the largest food delivery companies in the US, going public on the stock exchange in 2014. After exiting GrubHub, Evans took a break until he felt the pull to start a business that could benefit a community and customer base. In 2017, he started, Fixer, a “right now" home repair service that offers superior customer experiences while creating skilled employment paths in the building trades for men and women.
Listen to Nathan and Mike discuss:
- Starting GrubHub as a hobby website
- Quitting his job and cashing out his retirement
- How cofounder Matt Maloney helped scale the business
- Why creating value is more important than profit
- How delivery turned the business on its head
- His book Hangry and lessons on greed and empathy
- Why quitting is okay
- Starting and building Fixer
- And much more founder advice…
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