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Episodes/Gary Kusin - Founder of GameStop | When You Lose Everything
August 26, 20241:15:45

Gary Kusin - Founder of GameStop | When You Lose Everything

Gary Kusin - Founder of GameStop | When You Lose Everything

0:001:19:33

References & Resources

Gary Kusin

Co-founder of GameStop, Former CEO of Kinko's

garykusin.com
This episode features Gary Kusin, co-founder of GameStop and former CEO of Kinko's, discussing his extensive entrepreneurial journey. He shares insights on building and selling businesses, the role of risk, and the importance of leadership qualities like emotional intelligence. The conversation also touches upon life after exiting a company and lessons learned from his diverse career.

Key Topics

Entrepreneurial Journey and GameStop's FoundingBusiness Turnarounds and LeadershipLife After Selling a CompanyRisk, Emotional Intelligence, and MentorshipBuilding a Loyal Fanbase

Companies & Organizations

GameStop

A Fortune 500 company that revolutionized the video game retail industry, co-founded by Gary Kusin.

Babbage's

The original company founded by Gary Kusin in 1984, which later evolved into GameStop.

Kinko's

A company where Gary Kusin served as CEO from 2001 to 2004, orchestrating a turnaround that led to its acquisition by FedEx.

Cirrus Logic

A technology company where Gary Kusin served on the board.

Sabre Holdings

A technology company where Gary Kusin served on the board.

Show Notes

Gary Kusin is a pioneering American entrepreneur and business executive, best known as the co-founder of GameStop, a Fortune 500 company that revolutionized the video game retail industry. His journey began in cosmetics, founding Babbage's in 1984, which evolved into GameStop under his visionary leadership. Kusin's strategic acumen transformed GameStop from a single store into a global powerhouse with over 7,000 locations across 14 countries, reshaping how consumers access and experience video games.Beyond GameStop, Kusin's impact on the business world is far-reaching. As CEO of Kinko's from 2001 to 2004, he orchestrated a remarkable turnaround, culminating in its $2.4 billion acquisition by FedEx. His expertise has been sought by technology giants, serving on the boards of Cirrus Logic and Sabre Holdings. Kusin's contributions to business have earned him prestigious recognitions, including the Ernst & Young Entrepreneur of the Year award and induction into the Dallas Business Hall of Fame.

➡️ Talking Points

00:00 Intro

02:02 Gary’s Biggest Career Lesson

08:11 The Role of Risk in Gary’s Journey

09:57 Life After Selling a Company

11:42 The Original Name of GameStop

15:17 The Spark Behind GameStop

22:27 Types of Entrepreneurs

22:46 Building a Loyal Fanbase

29:34 GameStop vs. Laura Mercier

36:39 Life Post-Laura Mercier

31:37 Selling to Private Equity

43:43 Business Book or Memoir?

47:38 Lessons from Gary’s Journey

54:14 Ensuring Deal Success

1:00:09 Insights from Gary’s Book

1:03:27 Emotional Intelligence & Growth

1:09:26 Finding the Right Mentor

1:11:43 Advice to a Younger Self

1:13:43 Balancing Work and Life