The Disruptive Entrepreneur

Gerald Ratner: Losing £500MILLION During One Failed Speech

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Sinopse

In this episode, Rob speaks to former CEO of Ratner’s Jewellery, previously the UK’s largest jewellery chain, speaker, entrepreneur and author Gerald Ratner. They talk about his infamous speech and discuss and debate Money; what it is, how it’s changing and why it’s important. To hear Rob’s very first interview with Gerald, go to episode 16 on the Disruptors Podcast, he was one of the first people Rob interviewed when he first began podcasting! KEY TAKEAWAYS  After the infamous speech, Gerald Ratner lost half a billion. He says that people can learn from him and what he lost. When it happened it was devastating but he is now the happiest he has ever been. Some things really do happen for a reason. What hurt Gerald the most after the downfall, is thinking about all the work he had put into the business over the years and that it had all been taken away because of one foolish joke he made. He also feels sad that people thought he had contempt for his customers, which couldn’t be any further from the trut