Month: October 2025
Clover
- Daniel Lubetzky says business success comes down to community, values, reflection, and grit.
- The KIND Snacks founder urged leaders to hire for values since skills can be taught.
- At a Vegas summit, he told founders to embrace failure and take time for self-reflection.
Think résumés can give you a leg up as a business leader? It hardly makes Daniel Lubetzky’s list of what really matters.
The KIND Snacks founder and “Shark Tank” investor told an audience at the Clover x Shark Tank Summit in Las Vegas this week that the real keys to success have little to do with credentials.
Instead, he outlined four principles that he says separate thriving businesses from those destined to fail.
Community is the foundation
For Lubetzky, business begins with people.
He recalled a South African proverb that says, “We’re only human because of other humans,” and argued that the same applies to companies.
“Community is what makes us human,” he said. “Create a community where everyone is in it together.”
Rather than focusing narrowly on profits, he believes leaders should prioritize building a sense of belonging among employees and customers alike — the kind of trust that sustains a business in good times and bad.
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Hire for values, not résumés
Lubetzky’s second principle challenges one of the most common business practices: hiring based on credentials.
While many executives obsess over résumés and technical skills, he said those are secondary.
“Skills can be taught, but it’s harder to teach values,” he said.
At his companies, he said, the hiring process is built around screening for alignment with a clear set of values, which he defines at the outset of every venture.
The KIND founder argued that character and values are far more important indicators of success than skills.
Take time to reflect, even in the shower
Lubetzky also made the case for introspection in a hyper-connected world.
With everyone tethered to their devices, he believes entrepreneurs risk losing the clarity that comes from quiet time.
“Spend more time with yourself,” he said.
He said that can be taking a walk, lying down without distractions, or even showering without music.
He said the point is to ask yourself difficult but essential questions, like “What gives you meaning, what did you do wrong and right today, what should you love yourself for.”
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Resilience beats perfection
Finally, Lubetzky stressed resilience.
He was candid about his failures, admitting that many of his ventures flopped before KIND became a success.
But he insists those stumbles are what forged him.
“Difficult moments are what forge you,” he said. “I had so many ventures I started and so many things I failed at, but you only need one to succeed.”
He argues that the key is not avoiding mistakes but learning from them and being willing to pivot when feedback shows an idea isn’t working.
Courtesy of Terri Peters
- The last time I visited Las Vegas was three years ago, when I was deep in my drinking days.
- Recently, I visited Vegas for a solo trip and found the town surprisingly sober-friendly.
- There’s a lot to do in Las Vegas that doesn’t involve alcohol, and I’d definitely go back.
The last time I was in Las Vegas was over three years ago. My life back then is unrecognizable compared to now: I’ve lost a significant amount of weight, started therapy, and stopped drinking alcohol. I feel happier and healthier than ever, so when I made plans for a solo trip to Sin City recently, I knew it’d look way different than the last time.
The idea of returning to Vegas sober and solo sounded exciting to me, especially since there were new things in town since my last trip that I wanted to see and do, none of which centered on booze. Here’s what it was like to visit Sin City for a quick, two-night trip as a non-drinker, and why I’d totally do it all over again.
Gonzalo Fuentes/File Photo/Reuters
- A group of Tesla investors is pushing back against Elon Musk’s $1 trillion pay package.
- Unions and state treasurers warned that the deal doesn’t do enough to keep Musk focused on Tesla.
- Tesla’s board argues that if Elon Musk doesn’t deliver, he gets nothing.
Not all of Tesla’s investors are on board with CEO Elon Musk’s $1 trillion pay package.
In a letter sent on Thursday, a group of unions, state treasurers, and institutional investors urged Tesla shareholders not to vote for the mammoth pay deal.
The investor group includes SOC Investment Group, the American Federation of Teachers, and Brad Lander, the New York City Comptroller, who have all previously criticized Tesla’s board.
Their letter attacks the EV giant’s governing body as insufficiently independent from Musk, and says that the performance goals of the billionaire’s compensation package are vague and not as demanding as they initially appear.
Tesla unveiled the proposed $1 trillion pay package last month, and shareholders will vote on whether to approve it at the company’s general meeting in November.
For Musk to access the full payout, he needs to grow Tesla’s market cap to $8.5 trillion over the next decade and hit a series of ambitious product milestones.
These include boosting annual earnings to $400 billion a year, building a million Optimus robots, and delivering around 12 million EVs by 2035 — an average of 1.2 million a year, which the letter points out is well below the total Tesla sold in 2024.
The shareholder group criticized Tesla’s board for not securing a commitment from Musk, who runs multiple companies, to “devote his attention” to Tesla, and warned that the pay package could lead to share dilution for Tesla shareholders.
The letter also pointed to the EV giant’s volatile performance, with sales and revenue both slumping in the first half of the year amid rising competition and backlash over Musk’s political activities.
Tesla’s sales bounced back in a big way in the third quarter, with the company announcing record quarterly deliveries on Thursday.
Tesla’s board responded to some of the points raised by the investors in a post on X, arguing that the compensation package creates trillions of dollars of value for shareholders and will accelerate global prosperity.
“If Elon Musk doesn’t deliver results, he receives nothing,” the company said.
