52-year-old's ‘stupid' strategy nearly broke his company—now he's worth $9.5 billion: ‘Risk did not bother me at all'

The Moment series, where highly successful people reveal the critical moment that changed the trajectory of their lives and careers, discussing what drove them to make the leap into the unknown.his estimated net worth

Here, Graves discusses the panic he felt as he watched New Orleans' levees break, what he learned about handling crises of any kind and how to avoid the same financial mistakes he made. We worked with the health board. We worked with the state. Tyson Foods delivered chicken to the back of our office, because they couldn't get into and do their own logistics.What was the worst-case scenario, in your mind?

You build a plan and go after it with relentless pursuit. Trust your team. Work with your team. It changes 1,000 times, your plan. Keep doing it and you can pull through.

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Billionaire founder of Raising Cane's Chicken Fingers: One ‘stupid' strategy nearly cost me my business“My dream almost just went away,” recalls Raising Cane’s Chicken Fingers founder Todd Graves, after he made this financial mistake while…
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Raising Cane's Founder Todd Graves Took A High-Risk Approach To Finance His DreamTodd Graves, founder of Raising Cane's Chicken Fingers, took a high-risk approach to finance his dream, relying heavily on debt to fund the company's early growth. Despite nearly facing bankruptcy during Hurricane Katrina, Graves' strategy ultimately paid off, and he now emphasizes responsible financial management.
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