flâneur

Founders: #372: Amancio Ortega: The Genius Behind the Inditex Group

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Amancio Ortega is one of the wealthiest people in the world. Ortega is the founder of Inditex, a pioneer of fast fashion, an entrepreneur with over 60 years of experience, and has created a business model that is studied in universities that he could not access. His life story is inspiring, educational, and full of valuable ideas for future generations of founders. This episode is what I learned from reading This is Amancio Ortega: The Man Who Created Zara by Covadonga O'Shea. ---- Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ---- Join my free email newsletter to get my top 10 highlights from every book ---- Notes and highlights from the episode: I remembered a comment that Luis Miguel Dominguin made to me years ago, when he was at the peak of his glory and his son, still a child, played in the garden of his house. "This child will never be a bullfighter. To face a bull you have to go hungry.” The important thing is to set goals in life and put all you

[00:00] A: Amontio Ortega is one of the wealthiest people in the world with a net worth around $120 billion. And as I was reading this biography of Ortega, the same idea just kept coming to my mind over and over again. The fact that Ortega is the Henry Ford of fashion. If you go back and you read Henry Ford's autobiography, or really any biography written about him, you realize that Henry Ford's philosophy was get rid of waste, increase efficiency through technology, lower your prices to increase your volume, and you'll make more money overall, even though you're making less money or less…

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