YouSaid · the spoken record

Ally Svenson

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55
first
2024-09-05
most recent
2024-09-05
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1
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podcast

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  1. “We're still connected with the company. I think that's a story that's yet to be told in terms of exactly what role we play or how we might be able to help. Things have changed quite substantially and we'll continue to change. I'm sure elite has a vision for where they're going to take it. It's a concept that people love. It's an experience that people love. But the future will no doubt be different than the past.”

    2024-09-05 · How I Built This with Guy Raz · Advice Line with Scott and Ally Svenson of MOD Pizza · IDENTIFIED FROM THE TRANSCRIPT

  2. “And the good news is mod pizza will survive and thrive. You've got all these locations around the country. And so, Scott, you're no longer the CEO. But will you stay as advisors for a short period of time?”

    2024-09-05 · How I Built This with Guy Raz · Advice Line with Scott and Ally Svenson of MOD Pizza · IDENTIFIED FROM THE TRANSCRIPT

  3. “Over the last few years started to manifest in terms of consumers eating out less or having less occasions, less restaurant visits. And then we got into a dynamic where we needed to raise capital, which we knew we were going to. It just accelerated it and put us into a position of either needing to raise capital or sell the company and we ended up selling.”

    2024-09-05 · How I Built This with Guy Raz · Advice Line with Scott and Ally Svenson of MOD Pizza · IDENTIFIED FROM THE TRANSCRIPT

  4. “To be a first mover. And then we pivoted very intentionally in about 2018 from first mover into market infill. And so we started to fill in all the markets that we were in. Raised a bunch of capital in 2019 to execute that phase of our strategy. And then in 2020, that basically came to a halt while we moved to surviving the pandemic. And as we came out of the pandemic, we made several attempts to get back into growth mode to fill those markets in. Finish the strategic plan that we had had. And there was just a number of challenges that came out of it, whether or not it was staffing crisis or supply chain issues or inflation. It was a combination of those things as we were trying to come out. And then ultimately the inflationary spike that led to a lot of price change in the industry.”

    2024-09-05 · How I Built This with Guy Raz · Advice Line with Scott and Ally Svenson of MOD Pizza · IDENTIFIED FROM THE TRANSCRIPT

  5. “Guy, it's a great question. And I think to summarize, we had, it was a 16-year journey for us. And the first 12 or 13 of those was incredibly exciting, growth-filled expansion across the US. We were built as an experience to have on-premise. And we entered the pizza industry, did pizza different way. And then when the pandemic hit, it really forced us to change how the business operated. And it also dramatically impacted our growth strategy. We had been expanding across the country very rapidly.”

    2024-09-05 · How I Built This with Guy Raz · Advice Line with Scott and Ally Svenson of MOD Pizza · IDENTIFIED FROM THE TRANSCRIPT