436: Why It’s OK to Quit with GrubHub Founder Mike Evans

The Foundr Podcast with Nathan Chan

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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