22 Burst results for "John Foley"

"john foley" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:11 min | 3 months ago

"john foley" Discussed on Bloomberg Radio New York

"You so much You are listening to Bloomberg businessweek earlier today We spoke to Dora tres Cedar She's chief marketing communications officer over at peloton She is Stanford class NBA class of 2014 and we talked with her Tim right about some of the challenges and working at peloton Check it out Well it was an amazing experience 'cause I did a peloton member before I actually joined to lead our global marketing team And as a member I knew how much peloton was improving my daily life So to take a role where I was going to be motivating millions of people around the world to stay active centered and connected That was a real treat and enjoy So even though there was a lot going on in the world to be at a peloton at that time was so significant Yeah you're also a peloton at a really significant time right now Certainly a challenging time I think many would say for the company we did hear from John foley back in August the idea that he wants to democratize the peloton experience for all essentially make it accessible to everyone How do you communicate that That value proposition to a large number of people How do you get people to understand And communicate to them that peloton is accessible for all Well I think that you know like John said our goal has always been to make sure that many more people have access to fitness And so communicating that has to do with making sure people see that peloton is for people like them And so we've been doing that by telling the real stories of our real members And having people see wow if peloton really worked for that person I can see that it will work for me too If that mom can finally find 20 minutes in her day to invest in her physical health and her mental health in our overall well-being or that might be able to work for me too And so I think what's been really powerful about what we've been able to do is really communicate that And then recently we lower the price of our original much loved bike We lowered our price by $400 And so peloton is now accessible for $39 a month So that again is another step in another action that we've taken to make sure that people really see that peloton is something that they can bring into their lives and immediately start using to improve their physical health and their mental health Well and Dara you know full transparency I've got a peloton So I just want to put it out there You guys have also moved aggressively into digital which lowers the price point for a lot of people When you're trying to widen the brand widen the access tell us as a marketing officer who's looking to really create strategies to broaden it out the base of peloton How do you do it with a backdrop of the problems with the treadmill plus We know that that is still an overhang on the company How do you do it as the world reopens look where at Stanford outside with people gyms are reopening And there's increased competition for the fitness world of pieces of equipment in your home How do you do it with all of that Well I think you know before the pandemic people were using peloton And I think one of the things that really appealed to a lot of people was wow I can get an amazing workout a great workout.

Dora tres Cedar Bloomberg businessweek John foley Stanford NBA Tim John Dara
Will Gyms Go the Way of Arcades and Movie Rental Stores?

AP News Radio

00:59 sec | 5 months ago

Will Gyms Go the Way of Arcades and Movie Rental Stores?

"The pandemic is reshaping America's fitness industry and ushering in a new era of home work outs and virtual classes hi index's eyes equipment maker peloton breaks ground today on its first U. S. factory in Ohio soaring sales comes as thousands of small business centers have gone out of business and industry trade group says twenty two percent of the nation's health clubs have closed since March of twenty twenty hello John CEO John Foley predicts the ease of working out at home is going to overtake the traditional gym fitness is one of the few remaining categories that's going to be massively disrupted by a by a digital experience that happens to work for the consumer a lot better and over time becomes a lot better value because you're using it versus the broken model of yester year that you ended up going months and months without going to the gym Ali says just like the video store gyms will fade away I'm Julie Walker

John Ceo John Foley America Ohio ALI Julie Walker
"john foley" Discussed on The Tony Robbins Podcast

The Tony Robbins Podcast

05:42 min | 6 months ago

"john foley" Discussed on The Tony Robbins Podcast

"And i'm not talking about virtual signaling. I'm not saying what you say you know what's driving you but if you'll do that early on your mark. Benny offers a good friend of mine john. He's he came like nine of my seminars when he was still working at oracle. He's a big guy standing in the front row and at one point of came up that introduced himself. And i said i've seen you a lot of times you know are you. Are you slow in kind of teased him. You know you talk about repetitions and other skill but that day. He told me he said. I'm leaving oracle. Because you and i'm going to start this company. Salesforce dot com. And he's tony. I just got to tell you we're gonna we're gonna change business around the world and he looked at me in the face and he says we're going to do a hundred million dollars in business courses twenty billion this year in business right with mark. I've been on jury but one of the great things mark did was in the beginning we were talking about contribution. Mark took it to heart. You're gonna do. I'm gonna war small. I'm going to do things. I probably won't do what i'm beg. I'm going to get one percent of the revenues. One percent of our stock and one percent of our people's time and google has copied that jamie diamond and others have picked onto those pieces. Marksman leader what i see in mark is not only the impact but the joy that it gives him. I know to gives you. That gives me and i hope all of you will take that to heart. Because you'll do more for others you care about the for yourself. That's the nature of being a human being the best part of us. Tell me if you would. What's what's the what is it that fulfills you most of this stage of your life and how your day's filled. I'm curious at this stage. I mean you've got. How many employees now. I think we have closed eight thousand employees globally and yes Mark has been an inspiration to me and mark marconi off As well to be honest tony He fifteen years ago. I believe published. How salesforce was doing on a women in tech black black professionals across engineering roles and just really opened the the The statistics of his company even when they weren't perfect even when they weren't good he said. Wow i i want to expose this and challenge other business leaders to expose it so we can at least talk about The problems and the opportunities and so It's he's been a A real champion of social change and and team culture which i which i Have been taking notes. He's obviously visionary on that front as you. Well know. But what what i what i like mark although the probably a lot less successfully Cared deeply about our culture. And and i would say i'm the chief culture officer because in order to recruit and retain best people in the world and had all these fancy jobs and if you want the best people you gotta have incredible culture internally and Interestingly in today's world order the internal culture also permeates into the consumer brand as you've seen some some businesses misstep with social media and with with everyone having a voice with twitter You have to make sure that your team is incredible in your cultures. Incredible and then think about your consumer brands. So it's. I'm a student of all this stuff and as we get bigger..

oracle jamie diamond mark Benny tony mark marconi Marksman Mark john salesforce google twitter
"john foley" Discussed on The Tony Robbins Podcast

The Tony Robbins Podcast

05:53 min | 6 months ago

"john foley" Discussed on The Tony Robbins Podcast

"Well it's funny in in your intro. And i don't know whether i'm humble guy or not but you you certainly. I was for a second but a hunger in humility two words that you brought up in our short conversation and two of the most important things that we look forward peleton employees and that hunger. I find that state. School kids do better than ivy league kids. Because they're hungrier and they wanna prove themselves in. Oftentimes immigrants will be wanting to prove something as well. And so when you when you think about that hunger. It's absolutely so important. I think it's more important than his raw intelligence because there's a lot of smart people that kind of go sideways in life. But if you have that hunger and that drive and you're gonna wake up on monday morning and a buddy of mine rob bernstein. Who runs a company called. Kupa used to say i wanna hire people to want to tear down walls with their face. Wow that's that's ambition. How you know in your history who inspired you like you. Don't come from routes that would say go run at thirty two billion dollar company. Did you have any business leaders or any individuals that were really an inspiration role models for early on how they impact you. Yeah so when. I was an engineer in atlanta. And then and then eventually shift manager in waco texas manufacturing plant. My dad would always say you know you gotta keep the job as well. And he pictured me there for the next thirty or forty years But then i met a guy named john pleasants who interestingly was dating. My sister eventually married my sister and he had gone to a fancy private school. Went to ivy league. Undergrad in the navy business school and he was so fancy. He saw the world through a different lens of of ambition an entrepreneurship and he eventually..

rob bernstein Kupa ivy league john pleasants waco atlanta texas navy
"john foley" Discussed on The Tony Robbins Podcast

The Tony Robbins Podcast

05:00 min | 6 months ago

"john foley" Discussed on The Tony Robbins Podcast

"So if you're hungry for growth not just in your business but as a leader. This is the event for you. What you're about to hear is actually an interview. That took place at a recent business mastery as tony. Robbins talked to john foley the founder and ceo of peleton about how he created explosive growth in his company. Find out more at tony. Robbins dot com slash business mastery. That's tony robbins dot com slash business. Mastery hope you enjoy this episode. The next i share with you. And i'm just grateful that he'd be willing to take his time. Because i love to bring true entrepreneurs not people that are born in the lucky sperm club. People start with nothing and had a vision and forty every obstacle to make it happen and then everybody sees the now and sees them an overnight success but john is the founder and ceo. Peleton joan john foley before you meet him in a moment.

Robbins john foley tony tony robbins joan john foley john
"john foley" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:14 min | 1 year ago

"john foley" Discussed on Bloomberg Radio New York

"And so what does this do in terms of your roadmap, sort of the pellet on road map that's been laid out. I know you guys have talked about things like a roller and obviously you have by for Kate ID that both the tread and the bike on announced that earlier this year, what does it mean for the product Roadmap it allows us said move even faster. Part of this is there are indie and fitness equipment we think is Is arguably the best in the industry. They've got 100 people Jason focused on or NT that some of whom have decades of experience in building what we call tier one fitness equipment. And so if anything, it's gonna louse to go faster. And as I mentioned earlier was, it was a big part. The people were overall a big part of this deal. We just we really liked the people there and think they're very talented. And so will you tell me about the supply chain and sort of what you've experienced during this covert time. Demand has been off the charts. That is reflected in your stock price to say the least. But you also do have people out there who want a pellet on and are You know, having to wait weeks if not months to get it. How much was that? A driver for this deal? Definitely, as we've been investing in scaling or manufacturer and Jason and certainly this is an area that were pre corps is really strong. We have seen a ton of growth. No one would wish the global pandemic on anybody. But it's been telling for businesses people are home. Huge growth numbers, and so keeping up with that growth, which has been a moving target has been a big company priority. And so whether it's the investments we've made in Taiwan before this, we've been investing for years now and growing the supply chain. This is one element of that strategy. And so when you think about the manufacturing sort of ensuring Maura of that, how does the manufacturing mixed change? What does it what sort of the net effect of that in terms of either? The cycle of getting things produced, or the mix of where things are produced. It allows us to get bikes and treads faster. T O US consumers. If you have a supply chain and manufacturing footprint in the trading area in which you're selling, it's super helpful, especially with Some of the equipment's heavy You've got a treadmill. It's over £300. And so you know, shipping that from Asia. It takes time and especially in this kind of covert, disruptive, disruptive environment, So it gives us more flexibility. We will continue Todos the majority of our products out of our Asian facilities. We worked hard to build incredible capabilities there. And so this is just about this is an and it's about growth, helping with that growth, and so There's no mixed target right now. And as you look across the landscape, it feels like the fitness world to say the least, is turbulent a little bit upside down. Boutiques closed. You know, some permanently some for long, long stretches, and we don't know whether they're going to come back. How do you look forward into 21? Given what you've seen in 2020 in terms of your growth rate and sort of where you see the business going. We made no secret that we continue to expect to continue to grow a really rapid pace. We'd like people working out. We've said that is a company. A lot of us were taken boutique fitness and sort of came out of it. John Foley, our founder, started the company largely because he was such a boutique fitness enthusiast. So, um, you know, we don't We don't take any any Solis in that, but what it has done is created huge demand for a product. We believe a zlotys. We offer a better experience at home at a better value, which we think pellet on does that will continue to see connected fitness. A secular shift from Jim's and other places into the home. And so that's certainly reflected in our growth rates, and we expect that to continue for the foreseeable future. And in terms of future acquisitions, that sort of thing. This was a big one. In many cases, is there more to be done? Is there more to be bought out there? Do you think? Is there more consolidation coming? We think so. Yeah, we were the leader and connected fitness and we feel like in order to continue to lead We have to innovate. We've continued to try to add more utility for our members For just in the last week, we've been out spark plot eases the new content type, so it's part of your membership. You're now getting Pallotti's We launch things during covert like family fit funds of fit family fun for the whole family stretching and workouts. We've added new software, and so you could see us continue to innovate. And when it makes sense, we will purchase companies whether it's technology tuck ins, whether it's teams we like Um, all in service of continuing to make that membership more more valuable in higher utility. That was a pallet on President William Lynch. Still ahead, at least 200 organizations from government agencies to private sector companies were hacked is part of a suspected Russian cyber attack. We just got to the leading expert in the area. Theresa Payton of Fortunate Solutions. This is Bloomberg..

Jason Kate John Foley Asia US Theresa Payton Bloomberg Maura Taiwan Solis President William Lynch Jim founder
"john foley" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:59 min | 1 year ago

"john foley" Discussed on Bloomberg Radio New York

"My colleagues John Foley and Vivian Nerine are adults and Alberto Nardelli. They have this incredible right up on the Bloomberg terminal. And here's the key graph in terms of what we gleaned virtually this year. The live feed captured glimpses of Russia's Vladimir Putin arriving late Spain's Pedro Sanchez and France Emmanuel Macron checking their mobile phones and U. K's Boris Johnson looking uncommon and reading from his notes that the stakes for the world Couldn't be higher. I say this and I do it without humor, because I do it with with fact, which is Even these types in these virtual times, it's been incredibly incredibly difficult for world leaders to collaborate. Yes, Without a doubt. I mean, it's You know how you for us, too, right? I mean, I didn't even know you were turning to me in that moment over the phone. No, no, he said. It's another level that we're all grappling with, but not take stupid because You just said these leaders are grappling with life or death right now. For us for all of us around the world and cooperation on these issues is of paramount importance. I did not know about about that. I mean, I'm not. I'm not. I wouldn't. I don't think it's good to look at your phone in any kind of meeting. I could imagine that they're tempted if they're sitting at their desks. I also heard by the way the humanizes them in a way. Go ahead and I want to ask you about about one other thing. Go ahead. It does. It does humanize him. It does humanize them. But you know it is of utmost importance that they do pay attention to this especially now, But we know that, for example, President Trump, he ducked out early to go golfing and then at the very end when the community was red By the Saudi leaders surround by other leaders. President Trump had unnamed aid sitting at his desk, which is it's a message coming from the United States at least saying, You know, we don't really care about this. We don't care about this event. We don't care about global relationships. We don't see the benefit that we derived from them. And I certainly hope that that didn't affect the attitude overall, because this is an important group.

Boris Johnson John Foley President Trump Bloomberg Vladimir Putin Pedro Sanchez Emmanuel Macron Vivian Nerine Alberto Nardelli Russia Spain U. K France United States
"john foley" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:40 min | 1 year ago

"john foley" Discussed on Bloomberg Radio New York

"On the move in the Thursday trade and definitely a risk ofthe trade 451 names the S and P 500 lower today. 53 higher, one unchanged. Major industry groups are in the S and P 500. There are 11 as you know. All of them were down. The best performing one was material still down about three quarters of a percentage point Energy They were at the bottom of the pack. As I mentioned earlier down 3.5% information technology names down 2.2% consumer discretionary, Jason, they were down about 1.7%. Right, And we're going to be looking at some specific names after the clothes here, awaiting numbers from pellet on that name After climbing as much as 8% a little over 8% today, reaching an all time high Carol, it ended up down about three point 8%. This is after gaining 6.5% and 6% in the previous two days, respectively. So you see those numbers? Yeah, absolutely. And see. Exactly what happened because I just feel like yeah, just they've been in the news, well, Newport New product lines. How is the market going to react to that? And as J. J. Kinahan said, what they say about demand going forward because this is a There's some uncertainty around kind of what their sales are going to be. If you know the pandemic starts to lessen and like a little bit or people like all in pellet. Yeah, exactly. You know, I'm curious to see because I really thought when they announced a cheaper bike, it really was going to be a lot cheaper. It's not on. You know, we both like the brand. We know. I've talked to John Foley, Andre Spect what they have certainly built but You know, I don't know. But Apple has been very good at being exclusive in many ways, right and being kind of hiring a high price for Yeah, and I don't mean it as a bad thing, but it's just they've created a product. That's an expensive one. And yet there they are. This mega company do you want to talk? I just wanted to mention a za little bit of a plug to you. Ah Chipotle CMG. Down about 1% today, but it also had a couple nights days yesterday up about 1.6% your conversation with Brian Nichols, the CEO. Terrific. You should catch that as part of our weekend show coming up. Later this week and part of our business week talk. Siri's there right in the middle of it. Yeah, Stocks at 56% this year on absolutely and we don't get into the get into the interview about this, But you know the E. Coli crisis a few years ago, and no prices. They know crisis and this was before Brian's tenure. Hey, came in really, T help turn around the company, but they certainly put protocols into place that helped them. Get through this crisis. All right, let's let's take a quick look at the vex J. J can. Ahem mentioned that as well. Volatility up about 3.7% closing at 29.87. It's Bluebeard. And send my love to you. I had a hunch that we might hear about this from Dave Wilson. This is a new single from the boss, Bruce Springsteen releasing this today ahead of I believe Dave. Keep me honest. A new album coming out toward the end of October October 23rd to be precise, and the single is the title track of that new album called Letter to You. Absolutely recorded in five days in his home studio with the E Street band Loving, You know, Forget about the years it took him to make albums in the past. Now we can just knock him out. In any case, I have to get that out there today. Yeah,.

Brian Nichols Dave Wilson Newport New Apple Bruce Springsteen Carol J. J. Kinahan J. J Siri Jason John Foley CEO Andre Spect
"john foley" Discussed on WSJ Tech News Briefing

WSJ Tech News Briefing

07:04 min | 1 year ago

"john foley" Discussed on WSJ Tech News Briefing

"John. . Thanks for joining me today. . I'm excited to be here. . Thanks John. . Appreciate it last time I saw was in the offices this was right before. . was declared and we all went home, , and so that's been several months but <hes> think it's fair to say that we could tell things were getting serious about cove nineteen at that point but couldn't have imagined what was going to happen over the course of the next month and full blown pandemic. In . the way, it , would hit your business in our business in every business in between. . That's right. . Twenty, , twenty twenty what a what a wild year so far so far. . One of the consequences for Peleton was having Jaeger critical new product launch and I really WanNa get into that and talk in depth about what's coming. . But let's look backward a little bit not inconsequential at all is telling me you know what's gone on in these nearly last six months what they've been like <hes> running a business people lobby spent hunkering down in their homes and gyms have been closed and you offer these livestream workouts right in the home with the device, , and early in the pandemic in fact, , you guys were reported in the ninety four percent jump in your over your subs. . I know there's been hiccups and it'll you've had a hard time immediately filling orders for instance, , but it has has the pandemic Ben. . Good. . For Peleton. . Well, , it's hard to say good <hes> in the same sense with pandemic. . At all but <hes> to your point, , John It's definitely been <hes> wind in our sails as far as our bike sales and tread sales, , and we've just been frankly happy to be there for our members are existing numbers in our new members who are buying bikes and threads and still getting them delivered, , and we were also pretty excited to be able to innovate and bring the the live studio content from not from our studios anymore of for the for a couple of months but from the homes of our instructors. . <hes>, , we continue our live format and connection with our with community through the crisis. . So it was to your point a lot lots to do was a wild time for us like like everybody, , but your business has been has been strong for sure also a little bit. . You've got extensive background in ECOMMERCE and you know a number of different technology platforms and then legacy business like Barnes and noble once upon a time where the head of ECOMMERCE. . Obviously everybody going into the pandemic lot of uncertainty in a lot of unknowns. . And probably a moment of what's this going to do to our fledgling business? ? But when did it go from that to we have this enormous opportunity. . That we're going to have to walk through and we're going to have to do it quickly and as you know as as as as successfully as we can. . It happened <hes> very quickly John. . I mean I I think it was Friday the thirteenth ironically <hes> in March when. . Found of everyone stopped going to work and working from home and it became <hes> obvious and evident that this pandemic was upon us and it was going to be meaningful. . Within a week or two of that, , we saw a massive surge in our sales and we knew that this was a moment that people are going to Peleton <hes> in their home, , and we we did see it as an opportunity to be totally opportunistic. . We right away started giving away our digital content for ninety day, , free trial which <hes> wasn't the best business because we still had to pay our <hes> music partners but we didn't care. . We wanted to do our part for our communities and to help people stay saying in the pandemic so <hes>. . We were at one point I mean we're obviously in parallel scaling our supply chain or manufacturing and trying to make more bikes and tries as fast as possible. . But we also have the pure software and digital content platforms across any one of your devices whether it's your phone, , your IOS or android phone, , or any of your television screens through Apple, TV , android, , TV fire, , TV Roku, , all these other platforms that you can engage with our content and do strengthen yoga and all the different stuff. . So in that world, , it wasn't dependent on our honor scaling supply chain. . So we decided to give that ninety days away for free to new members, , and we saw a massive explosion in that as well. . So <hes>. . You know you alluded to this already and and it's it's a big topic of conversation and focus <hes> for investors is this growth curve in these growth big growth that you're planning? ? Because the addressable market for exercise gear is so large and the shifting dynamics of not being able to go you know at your whim to the local gym and use theirs is fueling even more enthusiasm but also pressure, , and then you've got on top of this, , you'll start about this virtual community where people can used gear but they can also use the community with people that they're getting to know or or somebody recognizable in the instructor. . So you're about to test whether there's an appetite for a wider range. . Of Palestine products, , I'd like you to talk about what's coming out and how it's different than what the company already offers. . You have a twenty two hundred dollar bike right now in a forty, , three, , hundred dollar treadmill, , which are the main staples from what we know if we're going to A. . Showroom on the website. . So so what's coming in what's different about what you already offer? ? Yes. . So we have two main lines of business as you know John and it's a stationary bike platform and then ate a treadmill platform. . And the current bike is who have been called the best cardio machine on the planet <hes> the original Peleton bike, , and what we're announcing is our Peleton plus and it's a new platform with a bigger screen that swivels now and allows from that bike platform our members to engage in all of our content whether it's the yoga or the strength or the boot camp or all of the different styles of content that we offer. . They can now engage in that in a much more convenient easy to consume experience on the Peleton bike plus platform. . In parallel, , we've been working on a new treadmill platform, , our original peleton tread, , plus is the forty, , five, hundred , dollar but product that is kind of the Rolls Royce of the category because it has the Slat belt technology <hes> and it's one of the best running surfaces in the world if not the best running surface. . And what we're bringing to market <hes>, , this month is a lower price tread that in a really open up the market and make it much more affordable for people to get a Peleton tread and take our boot camp classes and are running classes from home and really do full body workouts. . Now whether it's on the less expensive treadmill that has a belt technology or with our Peleton bike plus which now allows you to consume. . All of our content and not just the great cardio, , but also the strength and the full body content on that. . So the summary John is that we now have a portfolio on the bike side and on the trade side, , a bike and a bike plus and a tread and tread plus. . So depending on how much you're looking to spend and what you're looking to do we have now four options for you to engage pelivan platforms. .

John It Peleton Barnes Jaeger
John Foley on Peloton's Growth in the Pandemic

WSJ Tech News Briefing

07:04 min | 1 year ago

John Foley on Peloton's Growth in the Pandemic

"John. Thanks for joining me today. I'm excited to be here. Thanks John. Appreciate it last time I saw was in the offices this was right before. was declared and we all went home, and so that's been several months but think it's fair to say that we could tell things were getting serious about cove nineteen at that point but couldn't have imagined what was going to happen over the course of the next month and full blown pandemic. In the way, it would hit your business in our business in every business in between. That's right. Twenty, twenty twenty what a what a wild year so far so far. One of the consequences for Peleton was having Jaeger critical new product launch and I really WanNa get into that and talk in depth about what's coming. But let's look backward a little bit not inconsequential at all is telling me you know what's gone on in these nearly last six months what they've been like running a business people lobby spent hunkering down in their homes and gyms have been closed and you offer these livestream workouts right in the home with the device, and early in the pandemic in fact, you guys were reported in the ninety four percent jump in your over your subs. I know there's been hiccups and it'll you've had a hard time immediately filling orders for instance, but it has has the pandemic Ben. Good. For Peleton. Well, it's hard to say good in the same sense with pandemic. At all but to your point, John It's definitely been wind in our sails as far as our bike sales and tread sales, and we've just been frankly happy to be there for our members are existing numbers in our new members who are buying bikes and threads and still getting them delivered, and we were also pretty excited to be able to innovate and bring the the live studio content from not from our studios anymore of for the for a couple of months but from the homes of our instructors. we continue our live format and connection with our with community through the crisis. So it was to your point a lot lots to do was a wild time for us like like everybody, but your business has been has been strong for sure also a little bit. You've got extensive background in ECOMMERCE and you know a number of different technology platforms and then legacy business like Barnes and noble once upon a time where the head of ECOMMERCE. Obviously everybody going into the pandemic lot of uncertainty in a lot of unknowns. And probably a moment of what's this going to do to our fledgling business? But when did it go from that to we have this enormous opportunity. That we're going to have to walk through and we're going to have to do it quickly and as you know as as as as successfully as we can. It happened very quickly John. I mean I I think it was Friday the thirteenth ironically in March when. Found of everyone stopped going to work and working from home and it became obvious and evident that this pandemic was upon us and it was going to be meaningful. Within a week or two of that, we saw a massive surge in our sales and we knew that this was a moment that people are going to Peleton in their home, and we we did see it as an opportunity to be totally opportunistic. We right away started giving away our digital content for ninety day, free trial which wasn't the best business because we still had to pay our music partners but we didn't care. We wanted to do our part for our communities and to help people stay saying in the pandemic so We were at one point I mean we're obviously in parallel scaling our supply chain or manufacturing and trying to make more bikes and tries as fast as possible. But we also have the pure software and digital content platforms across any one of your devices whether it's your phone, your IOS or android phone, or any of your television screens through Apple, TV android, TV fire, TV Roku, all these other platforms that you can engage with our content and do strengthen yoga and all the different stuff. So in that world, it wasn't dependent on our honor scaling supply chain. So we decided to give that ninety days away for free to new members, and we saw a massive explosion in that as well. So You know you alluded to this already and and it's it's a big topic of conversation and focus for investors is this growth curve in these growth big growth that you're planning? Because the addressable market for exercise gear is so large and the shifting dynamics of not being able to go you know at your whim to the local gym and use theirs is fueling even more enthusiasm but also pressure, and then you've got on top of this, you'll start about this virtual community where people can used gear but they can also use the community with people that they're getting to know or or somebody recognizable in the instructor. So you're about to test whether there's an appetite for a wider range. Of Palestine products, I'd like you to talk about what's coming out and how it's different than what the company already offers. You have a twenty two hundred dollar bike right now in a forty, three, hundred dollar treadmill, which are the main staples from what we know if we're going to A. Showroom on the website. So so what's coming in what's different about what you already offer? Yes. So we have two main lines of business as you know John and it's a stationary bike platform and then ate a treadmill platform. And the current bike is who have been called the best cardio machine on the planet the original Peleton bike, and what we're announcing is our Peleton plus and it's a new platform with a bigger screen that swivels now and allows from that bike platform our members to engage in all of our content whether it's the yoga or the strength or the boot camp or all of the different styles of content that we offer. They can now engage in that in a much more convenient easy to consume experience on the Peleton bike plus platform. In parallel, we've been working on a new treadmill platform, our original peleton tread, plus is the forty, five, hundred dollar but product that is kind of the Rolls Royce of the category because it has the Slat belt technology and it's one of the best running surfaces in the world if not the best running surface. And what we're bringing to market this month is a lower price tread that in a really open up the market and make it much more affordable for people to get a Peleton tread and take our boot camp classes and are running classes from home and really do full body workouts. Now whether it's on the less expensive treadmill that has a belt technology or with our Peleton bike plus which now allows you to consume. All of our content and not just the great cardio, but also the strength and the full body content on that. So the summary John is that we now have a portfolio on the bike side and on the trade side, a bike and a bike plus and a tread and tread plus. So depending on how much you're looking to spend and what you're looking to do we have now four options for you to engage pelivan platforms.

John It Peleton John. Barnes Apple Palestine A. Showroom Instructor Jaeger
How I Built Resilience: Alberto Perlman of Zumba

How I Built This

05:19 min | 1 year ago

How I Built Resilience: Alberto Perlman of Zumba

"Alberto we had John Foley, Peleton on a couple of weeks ago and saving Lincoln a bar three. Obviously, the industry as a whole has just been absolutely decimated, right? I mean twenty four hour fitness file for bankruptcy gyms across the country are struggling. Many of them may not survive at the same time working from home is really you know Anybody who's tried to get dumbbells online knows it's impossible to find them right now. Right I heard. There's a black market for dumbbells. Yeah. How has the Economic Crisis Affected Zimba? So so we set out and said, let's base our response to the pandemic and we started seeing this in January and February because we have instructors in Titan and our instructors in China were telling us hey, this is really bad. You guys have to prepare for this because if this. Gets out. This is not good. So we said we have to do three things. One most important thing how do we continue to help structure state generate income to how do we deliver a education virtually for people New People want to become instructors or existing instructors who need further education especially, if they're transitioning virtual and three, how do we keep our promise to make the world happy and healthy? The first thing we did was we allowed instructors to start teaching online. They started teaching zoom but Paulo to to that, we started developing our own platform and it's called Zen Studios Instense for Zoom Instructor, network. So in Studio and in studio allows instructors to lyceum their classes in allows them to upload prerecorded glasses with a licensed. It allows them to charge for their classes. It allows him to list their classes on for months, Zoom Dot Com. We really focused on his since studio concept to help our instructors generate income during the the lock them, and at the same time we said we are structures are not necessarily trained in using all this technology. So we better provide all the education that they need. So we created all these courses that were done through zoom and some are learning courses that instructors could take. To become what we call virtual fitness pros and tour surprise within a month and a half, we had about a million people a week taking Zuma classes virtually, which is amazing for a new virtual product. It was really on structure selling their students. Hey, non teaching online income, take my class virtually every week we launched improvements to the platform. So we added chat to the platform. So students can chat while you're taking the class we added emojis we added that thinks to the paywall so that Instructors could take payment, which every were launching new tech at a pace that our technology team had never done before, and I'm so proud of them because they really took it to the next level. Yeah. I mean you basically stood up a virtual platform within weeks. I mean I'm imagining that if you had a plan like, let's say a year ago you said, Hey, we want to do a virtual platform it would have taken you like a year to put together right and you do this In like six weeks. Yeah. Unbelievable. Working nights weekends. It felt like we were starting Zuma again it felt like you know how jeff vessels says they won. It really felt like they won we felt unstoppable. We're going at it. We were talking to instructors to get feedback on how to make the platform perfect for them, and at the same time we said we to also help our instructors and the world at large during the pandemic in other ways. So we created a community fund where we Gave a funds out to instructors directly affected by covert themselves who were hospitalized, who had family members that pass away or instructors that were because our instructors sometimes are. Their site job. So we had a lot of instructors who are nurses a lot huge population of nurses who are also instructors. So we help them their frontline workers, we help them with their services. So we created this community fund and we also did something that we call the one class, one meal program for every person who took a virtual class which. We make revenue on all the revenue goes to the instructors for every person takes a virtual class with donated meal a during the month of June, and we donated one point, one million meals to food banks around the world while. So Alberta's when when somebody signs up for a virtual class on the Zimba- platform, all that revenue pays for it goes to. The instructor yeah everything instructing well. So so I mean, how are you guys? I mean you're still a business you still have employees how're you kind of managing the business and I mean have you had to have lay-offs or furloughs for example? Yeah. So we didn't do any layoffs wouldn't do any for those. Surprisingly are clothing business is doing very well people. Buying fitness clothing to work out at home and we were able to manage. It obviously is not going to be of very profitable year because we made a lot of investments to make all these things happen but that's not our objective. This year objected this is about the people it's about the instructors is about their students is about our employees it's always been. And this year, it's even more about a just helping out others and a

Zuma Zoom Instructor Alberto China Zen Studios Lincoln Paulo Peleton John Foley Instructor Alberta Zimba Jeff
"john foley" Discussed on How I Built This

How I Built This

06:55 min | 1 year ago

"john foley" Discussed on How I Built This

"When the pandemic shutdown fitness studios all around the world, people still needed a way to work out, and Peleton saw a huge surge in demand I spoke with John from his home in New York just a couple of days ago. Where he's focused on meeting that demand and keeping the Peleton community motivated all right. Let's talk business <hes>. When did you first start to see something odd in in like orders Peleton? Did you start to see like? Like a weird surge, even before the pandemic really hit, I don't think it was before guy, I think it was that you know the the twelfth or thirteenth of March <hes> when the world's realized that what we were hearing about obviously China and Italy and and some other places in South Korea did it was going to come to New York and all of a sudden that following week it started shooting up the demand I demand that you had not seen. Seen in the previous eight years of Peleton's history, well <hes> interestingly I think we talked about this last time. Guys that we have a <hes> uniquely seasonal business where I think we've said sixty percent of our demand is between Thanksgiving and the end of February because of a holiday sales in the cold winter months in the summer. You're you know you're running and working outside a little bit more in the winter you WanNa. Peleton platform felt on bike or tread. And so we've dealt with these spikes in demand. After thanksgiving and Black Friday and aggressive spikes, where it's multiples beyond what it was a couple of weeks prior, yeah, and so we had seen, we just hadn't seen it in this type of surge in demand. We haven't seen it in the third week of March, I mean that was obviously very unique, and generally sales are declining. Coming out of the holiday season and <hes> took a took a turn. The other action, so you aren't prepared for this I. Mean You wouldn't have been prepared for it was it wasn't predictable. Yeah, no, not at all <hes> what served us well I would say to guy. We are an ambitious bunch of Peleton, and we see Helen Bikes and treadmills and future products and our content as the future of fitness globally we are planning to grow geometrically for years and years to come, and in order to do that. You have to be investing heavily in supply, chain and logistics and stores and people and infrastructure and number experience. Experience and you have to be really investing for Growth and we had been doing that, so we were more prepared a company that wasn't ready for growth and the second thing what we benefit from guy which was really fun to watch was how entrepreneurial the folks Pelivan are not not myself, but the you know hundreds of people around me. They were excited about the challenge of dealing with it, and and it's you know it's a beautifully dynamic group of people at Peleton and the challenges that we faced which were many over the last several months. Including working from home, but also an exploding business I'm it was really fun to watch everybody triage and rising occasion, and it's been. It's been weirdly fun to be honest all right. Just give me a sense. What what is the percentage? Increase in sales. What's been the percent increase in sales over the last couple months? It's tricky. Guy Is I. Think when you and I met we private company. Yes, and now you're. Yes I be a little more forthcoming last time we spoke. To right right I, got you, but there's been. A search, right, there's been a surge. There's been a wind in our sale as I as I said anecdotally I'm hearing that there's a waiting list for people to get their. Peleton's just because of the surge. How how long on average now is it? Take to get one year I think it's spiked <hes> ten or eleven weeks <hes> in some markets and I think we're down to six or seven weeks. Most markets at this point and <hes> as we continue to build capacity in manufacturing pipeline at supply chain. <hes> were able to. Meet the demand a little bit more faster, so <hes> it's it's coming down and. It's something we care deeply about because we want to get off on the right foot, not just because it's good for business, but it's good for our communities as well in the mental health of our future members. Let's just talk. Brass tacks for for a moment <hes>. You've got supply chain right? 'cause these these are made overseas, and they've got to be shipped across the Pacific. Ocean and <hes> come to la or Seattle wherever and then distribute around the country, but you also have your also logistics company, you also have stores where you display and allow people to try the bikes or the treadmill, so let's talk logistics. I mean you've got Peleton <hes> vans that go to people's homes and set them up. How has that? How's that work? Work Yeah that was <hes> that was probably the biggest thing that we had needed triage to make sure that our employees and our members were safe, and in this new covert world, and we found a again. The creativity of my colleagues <hes>. We found a lot of creative solutions on how to deliver bikes <hes> we do what's called a threshold delivery where we don't even come into your home. We will not put it on your porch or you and your <hes> the precipice of your of your garage. Help you, set it up and tell you what you would need to do, and we've created new tools online to help you do what are delivery? Folks would have done <hes> had they delivered it and spent the half hour setting it up, and now it's more of a self service model because you don't want our team touching you know your bike right and by the way our team doesn't want to be in your home and it's a shared anxiety <hes> you know we want to keep our save. And and our and we WANNA keep our employees safe, and it's working <hes> we've. We've found some some good solutions you've got. Thousands and thousands of classes that are recorded are available, but you've got live classes. I mean that's the whole attraction to Peleton is that you've got a live instructor and you've got a studio in your media company <hes>. How are you doing that safely? How are you? How do you have instructors? Come to the studio in New York and get filmed for the live classes. Yeah, it's a good question <hes> with our with our instructors. We sent you know a couple hundred thousand dollars. Dollars of hardware and software into a few of our member of Uber instructors, homes and set up a an ad hoc television streaming studio. It was fascinating to watch how quickly they were able to get world class content streaming from a an living room of one of our instructors, <hes> and so yes, we did care about the authenticity in the freshness of our continent's something that we told our members that they were going to get when they purchase their biker treadmill, so we've been. Trying to honor that and I think it's really worked. I think <hes> versus taking a class from two years ago, which are still available in still awesome. There's something about the conversation. You're able to have in the relevance. You're able to have the connection. You're able to bring to our members in their home when you're talking about what's going on in the world in that moment, <hes> and so it's really. It's really

Peleton John New York
People Are Panic-Buying Meat, Toilet Paper and Pelotons

How I Built This

06:55 min | 1 year ago

People Are Panic-Buying Meat, Toilet Paper and Pelotons

"When the pandemic shutdown fitness studios all around the world, people still needed a way to work out, and Peleton saw a huge surge in demand I spoke with John from his home in New York just a couple of days ago. Where he's focused on meeting that demand and keeping the Peleton community motivated all right. Let's talk business When did you first start to see something odd in in like orders Peleton? Did you start to see like? Like a weird surge, even before the pandemic really hit, I don't think it was before guy, I think it was that you know the the twelfth or thirteenth of March when the world's realized that what we were hearing about obviously China and Italy and and some other places in South Korea did it was going to come to New York and all of a sudden that following week it started shooting up the demand I demand that you had not seen. Seen in the previous eight years of Peleton's history, well interestingly I think we talked about this last time. Guys that we have a uniquely seasonal business where I think we've said sixty percent of our demand is between Thanksgiving and the end of February because of a holiday sales in the cold winter months in the summer. You're you know you're running and working outside a little bit more in the winter you WanNa. Peleton platform felt on bike or tread. And so we've dealt with these spikes in demand. After thanksgiving and Black Friday and aggressive spikes, where it's multiples beyond what it was a couple of weeks prior, yeah, and so we had seen, we just hadn't seen it in this type of surge in demand. We haven't seen it in the third week of March, I mean that was obviously very unique, and generally sales are declining. Coming out of the holiday season and took a took a turn. The other action, so you aren't prepared for this I. Mean You wouldn't have been prepared for it was it wasn't predictable. Yeah, no, not at all what served us well I would say to guy. We are an ambitious bunch of Peleton, and we see Helen Bikes and treadmills and future products and our content as the future of fitness globally we are planning to grow geometrically for years and years to come, and in order to do that. You have to be investing heavily in supply, chain and logistics and stores and people and infrastructure and number experience. Experience and you have to be really investing for Growth and we had been doing that, so we were more prepared a company that wasn't ready for growth and the second thing what we benefit from guy which was really fun to watch was how entrepreneurial the folks Pelivan are not not myself, but the you know hundreds of people around me. They were excited about the challenge of dealing with it, and and it's you know it's a beautifully dynamic group of people at Peleton and the challenges that we faced which were many over the last several months. Including working from home, but also an exploding business I'm it was really fun to watch everybody triage and rising occasion, and it's been. It's been weirdly fun to be honest all right. Just give me a sense. What what is the percentage? Increase in sales. What's been the percent increase in sales over the last couple months? It's tricky. Guy Is I. Think when you and I met we private company. Yes, and now you're. Yes I be a little more forthcoming last time we spoke. To right right I, got you, but there's been. A search, right, there's been a surge. There's been a wind in our sale as I as I said anecdotally I'm hearing that there's a waiting list for people to get their. Peleton's just because of the surge. How how long on average now is it? Take to get one year I think it's spiked ten or eleven weeks in some markets and I think we're down to six or seven weeks. Most markets at this point and as we continue to build capacity in manufacturing pipeline at supply chain. were able to. Meet the demand a little bit more faster, so it's it's coming down and. It's something we care deeply about because we want to get off on the right foot, not just because it's good for business, but it's good for our communities as well in the mental health of our future members. Let's just talk. Brass tacks for for a moment You've got supply chain right? 'cause these these are made overseas, and they've got to be shipped across the Pacific. Ocean and come to la or Seattle wherever and then distribute around the country, but you also have your also logistics company, you also have stores where you display and allow people to try the bikes or the treadmill, so let's talk logistics. I mean you've got Peleton vans that go to people's homes and set them up. How has that? How's that work? Work Yeah that was that was probably the biggest thing that we had needed triage to make sure that our employees and our members were safe, and in this new covert world, and we found a again. The creativity of my colleagues We found a lot of creative solutions on how to deliver bikes we do what's called a threshold delivery where we don't even come into your home. We will not put it on your porch or you and your the precipice of your of your garage. Help you, set it up and tell you what you would need to do, and we've created new tools online to help you do what are delivery? Folks would have done had they delivered it and spent the half hour setting it up, and now it's more of a self service model because you don't want our team touching you know your bike right and by the way our team doesn't want to be in your home and it's a shared anxiety you know we want to keep our save. And and our and we WANNA keep our employees safe, and it's working we've. We've found some some good solutions you've got. Thousands and thousands of classes that are recorded are available, but you've got live classes. I mean that's the whole attraction to Peleton is that you've got a live instructor and you've got a studio in your media company How are you doing that safely? How are you? How do you have instructors? Come to the studio in New York and get filmed for the live classes. Yeah, it's a good question with our with our instructors. We sent you know a couple hundred thousand dollars. Dollars of hardware and software into a few of our member of Uber instructors, homes and set up a an ad hoc television streaming studio. It was fascinating to watch how quickly they were able to get world class content streaming from a an living room of one of our instructors, and so yes, we did care about the authenticity in the freshness of our continent's something that we told our members that they were going to get when they purchase their biker treadmill, so we've been. Trying to honor that and I think it's really worked. I think versus taking a class from two years ago, which are still available in still awesome. There's something about the conversation. You're able to have in the relevance. You're able to have the connection. You're able to bring to our members in their home when you're talking about what's going on in the world in that moment, and so it's really. It's really

Peleton New York South Korea Wanna John Helen Bikes Pacific China LA Italy Seattle Instructor
"john foley" Discussed on WMAL 630AM

WMAL 630AM

04:06 min | 1 year ago

"john foley" Discussed on WMAL 630AM

"Racers and in fact peloton CEO and co founder John Foley said those users were his target demographic those users must now find free hour taxi ride their bikes and run on the treadmills in between other lockdown demands when the work conferences or gym classes for the kids the upper middle class white nous informs everything I've experienced about peloton's almost cultish community also much whiteness so much whiteness that community mostly connecting peloton Roger runs which are streamed into folks homes on screens mounted on the front of their equipment well if you do names indicate effort level in music genre thank thirty minute pop right or forty five minute hit and hills ride upon playing off the acronym for high intensity interval training and the fact you'll be hearing whatever is topbilled were tried to the moment this is where the race issue becomes most apparent because black instructors authorized filled with typically black music rap or hip hop well white instructors offer ones mostly white music rock pop and heavy metal so the thought that white people don't work out to rap or hip hop music and black people don't use rock or pop music to fuel their sessions and twenty twenty is laughable what what hold on so now you're accusing a white trainer you don't know of being a racist for not playing rap music personal I'll guarantee you that huge prevention pop music they're playing is from people who are of color I don't really know him not as the probably playing Arianna Grande a huge number of those artists are people who are black or Hispanic a very there Riana right now this is very bad very bad just the deliverance of those choices became it's becomes more apparent in the playlist and the rise of musical themes from a specific decade whether the seventies eighties or nineties also taught by mostly white instructors such rights feature popular your heads up from from predominantly white bands in the seventies focus rides are all classic rock in the country the ease rise are full of new wave in the nineties classes are big on runs Dave Matthews is it black music let alone discolor que Han simply didn't happen during those years like music does appear outside of hip hop or rap it's often hard more specialized class categories such as groove ride all right are you kidding me are you seriously telling me somehow it's not as racist now because people choose the playlist that they wish to play in order to draw a crowd that they think will show up again and all this does is that America is a pretty damn great place when you have to search this hard for races in the peloton in final final example this today so one is all right who I'm not alone is already cannot listen to pop music very much so I really can't I don't have a dog in this fight one is already is now being dragged on Twitter why because you put out a a letter today pointing out that she's been criticized for not being feminist enough in her music and then she says why is it that everybody else gets to do their version of feminism which could include cheating or stripping or or being terrible but my version of that and my version of feminism which involves me exposing my own vulnerabilities in my music is considered very bad as she has this letter she has now they don't have cat Arianna Camilla Cardi B. Kalani and even after Beyonce I had number one songs about being sexy wearing no clothes I think cheating etcetera can I please go back to singing about being embodied feeling beautiful by being in love even if the relationship is not perfect or dancing for money or whatever I want without being crucified or saying that I'm glamorizing abuse I'm fed up with female writers not singers sang I glamorize abuse when in reality I'm just a glamorous person singing about the realities of what we are all now seeing are very prevalent emotionally abusive relationships all over the world with all of the topics women are finally allowed to explore I just want to say over the last ten years I think it's pathetic my minor lyrical exploration detailing my sometimes submissive or passive roles in my relationships has often made people says that women back hundreds of years let's be clear I'm not a feminist but there has to be a kind of place and feminism for women who look and act like me and she talks about you know some music that she has written and she was ripped up and down for this because you mentioned women of color she wanted to raise the races now she's a racist for pointing out that there's differential treatment between versions of feminism and what women are allowed to say now she's a racist I get this all comes down to people are looking for a rationale for being racist people are people are looking for a rationale for suggesting that racism is rife in American society so that they can claim that the site itself is to blame.

CEO John Foley co founder
"john foley" Discussed on WSB-AM

WSB-AM

01:50 min | 2 years ago

"john foley" Discussed on WSB-AM

"Connected to the people who make news now on forceful sex everyday ninety five point five WSB Atlanta's news and talk seven I got five a doorbell trouble just Jimmy Carter Boulevard I don't quite big old up the highway three seventy it usually a bridle bit what probable eighty five door above I we do eleven active what twenty six or four hundred court doubt itself out still each a little heavy around that you would be five by getting a lot better and also approved and diverse I've got a a usable at the ability of the motel kill the grass twenty west west of Evansville exit number seventy four Mike boozer called a giver your traffic that are watching the bright lights out of Marianna it's as bright like seventy five southbound from the one twenty loops down to two eighty five trying to wrap their seventy five northbound you're just stopping and going from the north one twenty loop all the way up to pass wait green robe right like there and five thirty five north bound those laces started to thin out just passed bills very curvy into ninety two seeing some delays southbound from ninety two as you make your way down five thirty five southbound traffic sponsored by John Foley and associates donate a bad accident ruin your holiday called the strong arm attorney John Foley and associates they've been fighting and winning for injured drivers for nearly twenty five years call Jon Voight and associates today triple team traffic ninety five point five W. SB Honda has lower and the doctor dares you should the von Hesler doctrine making listeners laugh every day the camaraderie the comedy the point of view it's political and touches on current events and issues but its holder is entertaining it's very real and a lot of banter among the doctor there's nine to noon you make my day you make me laugh ninety five point five WSB Atlanta's news and talk my case was complicated.

Atlanta Mike boozer Marianna John Foley Jon Voight attorney
"john foley" Discussed on KQED Radio

KQED Radio

01:47 min | 2 years ago

"john foley" Discussed on KQED Radio

"And you know buying Lamborghinis not that I would do that and so you went on to work for Ticketmaster involved in the ticket sales business you would I guess by two thousand two you really have nothing to do with the fight anymore that's exactly right which was weird I mean you you would have like a dorm room and you thought it was like totally in the rear view mirror even it was mostly in the rear view mirror you know I'd still and they the guy who is in charge of it actually for most of that time is a gentleman named John Foley who's now the sea of Palestine I'm sure and he was he's a wonderful guy and you know so it would still catch up with him every so often and see how it was doing and even today there's the gentleman in charge of even a factor you know every so often we'll go grab a coffee and you'll tell me how it's doing and he should get rich flag and I went I did there and international women's day and talk to their team I'm because they're excited about a female founder but in terms of my learning and like my time to move on it was the right time so you end up staying there for six years I think so what made you decide that you wanted to finally leave Ticketmaster so there were a couple factors but the biggest was that ticket master merged with live nation and it was from you the people in the culture is the most important thing and it was very clear to me that the culture of the team that was coming over wasn't exactly what I wanted but the second big thing is I was traveling sixty to seventy percent of the time because we had businesses in Norway Sweden Italy Germany and I wanted to call mom and I didn't want to travel that much so I have the very great fortune of meeting a gentleman.

Ticketmaster John Foley Palestine founder Norway Sweden Italy Germany
"john foley" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:02 min | 2 years ago

"john foley" Discussed on Bloomberg Radio New York

"And delete recordings manually now they can set it up in settings to do it automatically I'm Bob. Bloomberg best inside in the contest. way to catch up on some of the stories you might have missed on the Bloomberg stories you're not going to find in any other news organization. Bloomberg's best stories of the day powered by twenty seven hundred journalists and analysts in more than a hundred twenty countries around the world number interactive brokers studio I'm Jim also and I'm AT Baxter on this edition of Bloomberg best for Thursday September twenty six twenty nineteen shares of peloton open nearly seven percent below its IPO price we'll hear from CEO John Foley the people that I believe that a peloton invested telephone for every one of the rounds for eight years now have been very very very happy and pimco sees the global economy entering a low growth window of weakness we'll hear from the global economic adviser we see U. S. growth slowing to something like only one percent all this and more coming up in the next hour. all over the world headquarters on Charlie Pellett micron technology delivered a disappointing quarterly profit forecasts suggesting a memory chip industry slump is not over yet shares are now lower by about five and a half percent the company projected adjusted earnings of forty six cents a share plus or minus seven cents in the fiscal first quarter analysts estimated forty nine cents a share on average according to data compiled by Bloomberg again micron lower by five and a half percent stocks in today to Molcho session lower treasuries rose is the latest political turmoil in trade headlines damp demand for risk assets S. and P. down seven a drop of two tenths of one percent the Dow down seventy nine down three times nasdaq lower by forty six to drop their of six tenths of one percent jobless claims edged higher last weekend with that story here's Bloomberg's Vinny del.

Bloomberg pimco economic adviser John Foley Charlie Pellett Baxter CEO Jim one percent seven percent eight years
"john foley" Discussed on What Got You There with Sean DeLaney

What Got You There with Sean DeLaney

09:46 min | 2 years ago

"john foley" Discussed on What Got You There with Sean DeLaney

"Is there anything you recommend even someone in a business context that say it's easy to do this with sport or flying a plane but how does this translate to running a business any tips there. My first tip is l. Circle back is do the glad to hear wakeup see. I explained it but most people go yeah. That sounds good. They don't do it so it's disciplined and and what you find is that if you do that over time and we honestly don't know i mean they did a study out at a london like you know. How long does it take the form of habit. It came up with sixty six a majority of the other things. <hes> nineties actually a good number. That's why there's quarters business business. Some people say twenty one. Here's the thing there's no right answer there. <hes> what matters is i was worked with neuroscience at mayo and they said john you're asking the wrong question. Which really need to ask what are you trying to do. You see that change is how long it takes. The form habit because what you really do is the neuro plasticity of your brain brain is changing or cutting grooves in the brain and you get what they call a heads law which is neurons that wire together fire together so you will know this in driving drive in car riding a bike. There's a certain skill level when you're first starting. You're like what the heck and then it becomes natural so this is unconscious competent so so the idea is and i i love this. I'm learning every day more about it. <hes> is <hes> is form a habit so i would say start with something. That's fun all right at your your business start with a glad beer wakeup start with being grateful about life and form that habit. I then the skills that you used to do that. Which is what i i talked about present past future. You can then put into your business contact. You mentioned that this is a a beginner mindset for you right now. How'd you love learning about this stuff so when you're acquiring these things are there certain articles books. What are the resources. You're going. I oh i love i love i'm a constant sieve of not you know looking for knowledge. I'm learning from you right now all right every time i get to be on a a an exchange change. I'm learning dance. Your question is i really have to pass <hes> the the quick and dirty path is i'm scanning the book in the bookstores by the way our book now is a bestseller were in the airports. Were an amazon. All that kind of stuff called fearless excess of but you know it's not really okay. I'll scan on that a learned from others what i really learned from though where i go deep is in the spiritual texts i go deep into the books that have been around over a hundred years okay because there's a reason that they're still around all right so one my quality time i will go a deep into many different genres. It's not about religion to me. It's about learning the way the mind works. Learning the way society works these these are the deep lean learnings deeply going into <hes> and then i apply i'm back to the current rally. Are there any that you recommend picking up. Just people trying to explore different things okay first off. Blow your mind. It's a guy named michael roach and the book is the diamond cutter okay the diamond cutter <hes> background and <hes> he's actually a an american princeton road scholar it became a buddhist monk and basically has learned the eastern way of thinking right and and has translated back into our western way of doing business really cool and that was the diamond cutter yeah the diamond cutter michael roach good buddy of mine by fantastic. I'll have to pick that one up yet. You're mentioning about picking up the texts that have lasted so much longer and that's basically the lindy affect things that have been around called for one hundred year. There's a good chance it'll be around for another hundred years. So some of that stuff that's been throughout history is just so vital so it's great. You'd bring that up. I wanna know what's the hardest thing about being a blue angel. I can <music> only imagine there's so many things in each person's going to have a different answer to this but was it for you yet. It's <hes> it's not the fly in the fly is really challenging. Don't get me wrong. You're you're being pushed every day to your limits and that's actually what i enjoy. I mean i thirst for that right. I mean it's so cool fool. When you're in a in a profession you can feel every day you get the feel those limits right rarely is that true in our life <hes> sometimes on the sporting warning signs flying <hes> you know in business and life i think we need to be we have to find a way to create those in in a safeway because it's easy to kill herself. She's you'd go bankruptcy. Make a stupid decision <hes> so the idea of the flying was always challenging. I love that but it's not what was hard. What was hard is what i think. Every taunts preneurs everyone on this call is struggling with is that's called life okay as called. What's happening around you all right at the same time and your way tweeter families. You're deployed <hes> we would you know fly jets out on the wednesday do our circle and on thursday airshows friday saturday sunday. If you're coming back home home come home super late sunday night monday as a day off and not really got to catch up on everything in tuesday's start again <hes> so it's a six day a week sometimes longer schedule schedule and the challenges that that come up. Is your family like any families. There's challenges in people's lives. It may be with their spouses. It may be with their kids. <hes> it may <hes> you know there's outside things pressures that come into the team and you know as a team we had a safe environment we could talk about about it supported each other but it was those personal challenges trying to balance life and also be at your absolute peak extreme. That's the challenge doc. Is there good answer to that how to do that adequate yet. It's what i call. The seven powers is my next book not going to get into it right now but the i'll get i'll i'll get you to some of the thing is is absolutely and it starts with being grounded yourself. Startups centered yourself the only way you're gonna survive. <hes> this the challenges that we face in this life is to realize one thing and that the world's coming from you and not at and once you can grasp that i mean truly grasp that you realize that you have real power okay <hes> it gets into these ideas of laws cause-effect teleki about the i read the the deeper teachings now and once you understand the way the universe really works and we don't understand it completely. Okay you know quantum has brought a lots in the tony in physics. There's a change here but once you start to realize this you realize that you have real power and you're no longer vic. That is incredibly powerful. I love that short phrase right there. Pack so much into it. You mentioned prepping for your new book. Let's dive into the one. That's currently out fearless success. How does that come together for you. Then challenges of writing for me i just i i wrote four manuscripts and i had to rip them up because they just weren't telling the story the way i wanted to this one does by the way so it took me ten years and five manuscripts to get it right. <hes> you know what it is is very simply. I tell a lot of stories about my journey things that we've already covered some of this in in the you're asking really really great questions but then i take you behind the scenes in to what it was like to be a blue angel <hes> and then when i do and i think this is probably the most important part is <hes> is and how does is that relate to a normal person normal life so that's what it's about you know i try to give people tools <hes> on on how to close what i call the high-performance zone the gap between tween your current state and your future state so it's really about action. How do you close that ended. It also fully connects you a purpose larger than yourself to make an impact on the people. I think one of the key things there is being able to apply the lessons. You're teaching the stories you bring up in into your own life. That's why i appreciate your talks. Your work the book so i i i do recommend this. It's called fearless success. It is out now. We're gonna make sure we have everything linked up there in the show notes but john. I can't thank you enough for coming on. What got you there any other final parting words you wanna leave the listeners with sean. It's what i wake up every day saying glad to beer and you know i even got a little motionless awesome saying that because <hes> i'm deeply grateful number one for what you're doing. I'm grateful for the the the people there listen to this <hes> grateful for the opportunities -tunities that we all have and to me <hes> the more that we connect to whatever makes us glad to be here. The better life fits so thank you very much which will thank you so much. You guys made it to the end of another episode of what got you there. I hope you guys enjoyed it. I really do appreciate you taking the time to listen all the away through. If you found value in this the best way you can support the show is giving us a review rating it sharing it with your friends and and also sharing on social. I can't tell you how much i appreciate it looking forward to you guys listening to another episode making change transpire. That's the mission mission behind the most amazing tasting protein bar brand taking the nutrition industry by storm that brand there and see tico and they make the most delicious risk kito friendly all natural collagen protein bars. If you're obsessed with the quality of food going into your body like i am then head out and pick up these amazing bars ars jam with ten grams of collagen protein they only have two to three net carbs no added sugar and loaded with.

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"john foley" Discussed on KDWN 720AM

KDWN 720AM

01:40 min | 3 years ago

"john foley" Discussed on KDWN 720AM

"The new one oh one five FM seven twenty AM K, Don area chemical plant at facilities operator identified the worker killed in that blaze James Earl magnum was killed Tuesday. At the fire at K M C O chemical plant in Crosby to other workers remain in critical condition. KMC oh CEO. John Foley apologized Wednesday as residents recounted the moment the plant ignited. We want to apologize for the inconvenience to residents in the facility tend to worry that the incident has lost. Yes. The blast and the windows rattled I thought tree fell on the house. But when I went outside to look at this one. The wellbeing of our people. Our neighbors the environment our top Briars all of a sudden the house. I mean, Iraq. The point that is scared me. And I knew that Kim had blown she answered. Phone. I said, hey, Kim coast just blown up this is an unfortunate incident, and we'll have to investigate to establish the facts in and see what else we need to do to security operations in our number one priority in the chemical industry, generally. And certainly can go is safety compliance buddy and hit inherent nature of the operations required. So it is our focus. We have a long track record of investing in the people the systems and the asset. Stop great safer. County officials said Wednesday that off ongoing air monitoring shows no health risks to the.

Kim John Foley James Earl magnum KMC Crosby K M C O Iraq CEO
"john foley" Discussed on KSFO-AM

KSFO-AM

01:46 min | 3 years ago

"john foley" Discussed on KSFO-AM

"Thursday morning. America's First News continues on this fourth day of a pro we start in Texas this morning. That's where the US chemical safety board's investigating a blaze at area. Chemical plant is the facilities operator identified the worker killed in that blaze James Earl magnum was killed Tuesday. At the fire at K M C O chemical plant in Crosby to other workers remain in critical condition. KMC oh CEO. John Foley apologized Wednesday as residents recounted the moment the plant ignited. We want to apologize for the inconvenience to residents in the facility tend to worry that the incident has caused. Yes. There was a blast in the windows rattled I thought tree fell on the house. But when I went outside to look at this myself, the wellbeing of our people, our neighbors, the environment our top priorities. All of a sudden the house. I mean, Iraq. To the point that scared me. And I knew instantly that kept go blowed image. He answered the phone. I said, hey, Kim coast blown up. This is an unfortunate incident, and we'll have to investigate to establish the facts in what else we need to do to security operations in our number one priority in the chemical industry, generally, and certainly can go is safety complaints. But in eighteen here nature of the operations required. So it is our focus. We have a long track record of investing in the people the systems and the asset stop rate safely. County officials said Wednesday that ongoing air monitoring shows no health risks to the.

John Foley James Earl magnum KMC US Texas America Crosby CEO Iraq Kim K M C O
"john foley" Discussed on KDWN 720AM

KDWN 720AM

01:45 min | 3 years ago

"john foley" Discussed on KDWN 720AM

"Thursday morning. America's First News continues on this fourth day of April. We start in Texas this morning. That's where the US chemical safety board's investigating a blaze at area. Chemical plant, add the facilities operator identified the worker killed in that blaze James Earl magnum was killed Tuesday. At the fire at K M C O chemical plant in Crosby to other workers remain in critical condition. KMC oh CEO. John Foley apologized Wednesday as residents recounted the moment the plant ignited. We want to apologize for the inconvenience to residents in the facility tend to worry that the incident has caused it was a blast and the windows rattled I thought tree fell on the house. But when I went outside to look at myself to the wellbeing of our people, our neighbors, the environment our top priorities. All of a sudden cows. Iraq. To the point that it scared me. And I knew instantly that Kim had blown up. Image. He answered the phone. I said, hey, Don, Kim coast. It's blown this is an unfortunate incident, and we'll have to investigate to establish the facts in and see what else we need to do to security operations in our number one priority in the chemical industry, generally. And certainly can go is safety complaints Aitken here nature of the operations required. So it is our focus. We have a long track record had been destined in the people who systems and the asset. Stop rates safer. County officials said Wednesday that off ongoing air monitoring shows no health risks to the.

John Foley Kim James Earl magnum KMC Texas America US Iraq Crosby CEO Aitken Don K M C O
The Spin Workout War Tilts toward Peloton

Business Wars Daily

05:00 min | 3 years ago

The Spin Workout War Tilts toward Peloton

"Business wars daily is brought to you by pay pal. When it comes to growing, your business, you need a partner you can trust for today and tomorrow and pay pal processes over ten million payments per day. That's experience you can rely on. Visit pay pal dot com slash growth to set up a free business account today. From wondering, I'm David Brown. And this is business wars daily on this Friday, December twenty first in case, you're thinking ahead about working off that holiday Turkey. And by will you may be curious about the ferocious war between peleton and soul cycle. The rival spin companies are racing for first position in the fast-growing luxury fitness industry soul cycle, which inspired a cult following. And plenty of I rolls launched in two thousand six it offers cycling classes held in dark candlelit music filled rooms devotees thrive on the cut-throat atmosphere. Your fellow writers can push you to work harder. And it can give your ego boost when you see someone else struggling, but the social glue is as important as the sweating with instructors trained to inspire not yell that combo of competition and community is so. Attractive that soul cycle can charge. Unheard of prices a single class costs at least twenty eight bucks making addiction, and there are thousands of addicts exponentially pricier than most gym memberships the intensity and sense of belonging soul cycle offers attracted the attention of peleton, founder John Foley in twenty thirteen. He believed he could bring those feelings to people who preferred working out at home alone. He was right peleton sells it stationary bikes for John dropping nineteen hundred ninety five dollars each what makes him so special. Are there monitors which lets you stream video classes, those prices aren't holding buyers back by last summer, the company claimed that more than one hundred thousand people owned the bikes and fifteen hundred riders were taking an average class. Analysts value the private company at four billion dollars. Hours and now peleton appears to be edging ahead of soult cycle in the race for first place. Peleton doubled its membership last year while soul cycle lost about ten percent of its customers. Why peleton racing ahead? Well, perhaps because peleton is capturing and allusive customer that home equipment companies have wanted for decades the person who hates going to the gym the difference. Well, with on demand live classes peleton makes that lonely exerciser feel like a member of a community. It's togetherness without the commute. And without a real live, stinky Verson sweating next to you. From wondering this business daily? I'm David Brown will be offered next two weeks. Happy holidays to you, and yours and we'll see in the new year. Business wars daily is brought to you by pay pal. When corporal tunnel syndrome, put his computer programming career on hold Mike transformed. A setback into an opportunity by starting his own business. Strong oaks is thriving online company selling handcrafted furniture made from reclaimed lumber when his Bank when loan him seventeen thousand dollars for machinery, Mike, turn to pay pal. Working capital for help pay pal. Working capitals lender is web Bank member. FDIC Mike was blown away that application process was so fast and simple after receiving his loan. He grew his business. But then a fire burned that business to the ground. Fifteen people lost their jobs faced with starting over Mike turned to pay pal working capital again, he applied for and he received another loan the same year. He lost everything. Mike was able to rebuild his business to previous levels. Of course, every business. In results may not be typical. But when you're ready to grow your business. Pay pal can help by providing fast access to funds. Visit pay pal dot com slash growth to set up your business account. You can sign up for free today. That's pay pal dot com slash growth.

Peleton Mike David Brown John Foley Partner Fdic Corporal Tunnel Syndrome Founder Nineteen Hundred Ninety Five D Seventeen Thousand Dollars Four Billion Dollars Ten Percent Two Weeks