New Linked in post…24 Apr 2023 20:54
Christ a few odd bods turn up when things start getting interesting…board is getting clogged with rubbish. Not sure if posted as too many to run through but MM did a new linked in post today.. copy below for people with no access..fist person that responded was Ian McDonald as well!!
MM post:
I love my job. Based on the hundreds of kind messages of support into our Investor Relations team last week, it might be hard for many people to believe. But I mean it, my job is great.
Sure, there are lots of perks to building THG, including shiny things. But these are a pleasant and grateful bi-product of the job. They aren’t what I’m referring to.
I often tell the senior team how lucky we are to do our jobs. I say this even more in the tougher times, when they may be under pressure, or things aren’t going their way. I don’t say it as a pep talk. I mean it. If they lose sight of this, then it’s a slippery slope. It’s easy to get overwhelmed by small daily negatives, losing sight of the bigger picture. This is often clear when people leave THG, with most saying THG leaves a hole after they’ve left.
Last Thursday I had a catch up with Neil Mistry. He finished by saying he’s pinching himself since his promotion to CEO of Myprotein. “That’s nice, but it won’t last” I told him. “Pressures will come and go, and there are times you will forget this feeling”.
He finished the meet by awkwardly blurting “how do you cope?”. He went on to say, “you need a different level of resilience, where do you find it?”. I smiled and told him that’s rubbish. My job is great!
He was referring to another lively week of THG being in focus. Sure, the constant stream of nonsense isn’t easy, but it’s nothing new.
I did endless manual labour work as a teenager – shift work in factories, bar work, stacking shelves, painting, pretty much anything. These are tough jobs, real jobs. Try working shifts on a busy NHS ward, or working in the tarmac industry during the UK winters. And so, building global brands, distribution networks and technology platforms from a lap-top in a warm, fancy, tech campus 10 mins from home, is an utter dream.
But if I needed a reminder, that same evening, I went to the opening of a new school building in Manchester at the Seashell Royal School, caring for children with the most profound learning difficulties. The challenges are such that there are c600 staff caring for 50 children. This huge, newly purpose-built school now boasts the very best facilities in Europe, probably the world. It’s changing lives, for both the children and dedicated staff alike.
Doing my dream job helped make it happen, something I couldn’t have done from my manual labour as a teenager. After a couple years of planning with Jodie, we set up the Moulding Foundation over 2 years ago by donating £100m into the Foundation. Each year I waive my £750,000 salary at THG, with THG donating the same amount to the Foundation, adding a further £2m for distribution t