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The Eric Ries Show
Eric Ries
41 episodes
5 days ago
Founder, entrepreneur, and best-selling author of The Lean Startup Eric Ries discusses how to build profitable companies for the long-term benefit of society. Ries talks with world-class technologists, thought leaders, executives, and others working to create a new ecosystem of trustworthy organizations with limitless potential for growth and a deep commitment to purpose. Together, they uncover the tools and methods to ensure the next generation of companies are designed to maximize human flourishing for generations.
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Entrepreneurship
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All content for The Eric Ries Show is the property of Eric Ries and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Founder, entrepreneur, and best-selling author of The Lean Startup Eric Ries discusses how to build profitable companies for the long-term benefit of society. Ries talks with world-class technologists, thought leaders, executives, and others working to create a new ecosystem of trustworthy organizations with limitless potential for growth and a deep commitment to purpose. Together, they uncover the tools and methods to ensure the next generation of companies are designed to maximize human flourishing for generations.
Show more...
Entrepreneurship
Business
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How the Former U.S. CTO Built a $3B Healthcare Company Powered by Love | Todd Park
The Eric Ries Show
1 hour 32 minutes 24 seconds
1 week ago
How the Former U.S. CTO Built a $3B Healthcare Company Powered by Love | Todd Park

Most companies optimize for profit. Devoted Health was built to serve people.

In this episode of The Eric Ries Show, I sit down with Todd Park, co-founder of Devoted Health and former U.S. Chief Technology Officer, to explore what it looks like to design a company for human flourishing at scale.

Todd shares how Devoted earned one of the highest trust scores in the industry and how he and his brother, Ed, built a business that treats every member like family. We talk about what it takes to operationalize love inside a system as complex as healthcare and how Devoted never saw any problem as outside its mission.

In our conversation today, we talk about:

• What it means to have love as an operational framework 

• How Devoted’s unambiguous mission became a superpower for alignment and trust

• The formula Todd uses to define what world-class healthcare really means

• Why Todd believes hard problems belong inside the company’s mission, not outside it

• The role of trust as both Devoted’s core metric and its greatest moat

•  Lessons from Howard Schultz on scaling culture 

• What it takes to design an ecosystem where business, technology, and community all serve the same goal

• And more

—

Where to find Todd Park:

• LinkedIn: https://www.linkedin.com/in/todd-park-3232573

• X: https://x.com/Todd_Park44

—

Where to find Eric:

• Newsletter:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ericries.carrd.co/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 

• Podcast:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ericriesshow.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 

• YouTube:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@theericriesshow⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 

—

In This Episode We Cover:

(00:00) Intro

(03:04) How Todd turned Devoted Health’s founding vision into a full-stack healthcare system

(13:09) How Devoted’s virtuous performance cycle turns love into trust in action

(20:51) Guide: the guardian angels who embody Devoted’s mission

(29:21) How loyalty drives Devoted’s word-of-mouth growth

(31:02) Why Devoted’s marketing materials don’t mention love

(32:27) Harder is easier: Why Devoted built a full-stack healthcare system 

(37:54) The four powers ‘harder is easier’ unlocks

(46:57) The case for radical transparency with your investors

(51:20) The elements of alignment and the power they unlock 

(55:13) Howard Schultz’s advice for scaling culture 

(1:05:23) A story from Starbucks about creating culture

(1:06:50) How Devoted addresses different determinants of health through separate entities

(1:13:00) Inside Devoted’s Elders Councils 

(1:19:43) Building mission protection into Devoted’s DNA through founder control

(1:25:55) Final thoughts from Eric and Todd

—

You can find episode references at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.ericriesshow.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

—

Production and marketing by ⁠⁠⁠⁠⁠⁠⁠⁠⁠Pen Name⁠⁠⁠⁠⁠⁠⁠⁠⁠.

Eric may be an investor in the companies discussed.

The Eric Ries Show
Founder, entrepreneur, and best-selling author of The Lean Startup Eric Ries discusses how to build profitable companies for the long-term benefit of society. Ries talks with world-class technologists, thought leaders, executives, and others working to create a new ecosystem of trustworthy organizations with limitless potential for growth and a deep commitment to purpose. Together, they uncover the tools and methods to ensure the next generation of companies are designed to maximize human flourishing for generations.