LA CEO Spends $3,000 Weekly on Lunch for His 30-Strong Team: A Culture of Investment
Many appreciated the CEO’s reasoning behind spending a hefty amount on team lunch every week.
In a heartwarming move, John Hu, CEO of a Los Angeles-based startup, revealed that he spends $3,000 every week treating his 30-member team to lunch. According to Hu, this gesture is one of his best investments, fostering a high-performance culture that encourages collaboration and productivity.
Hu, a Stanford University Graduate School of Business alumnus, believes that a great culture goes beyond perks like ping pong tables or unlimited PTO. Instead, he prioritizes building a work environment where his team feels valued and empowered to excel.
Hu's approach has resonated with his team members and social media followers, who praise his commitment to investing in people. One commentor noted, "If they have to ask what the ROI is, they don't get it!" Another shared a similar experience, saying, "Sitting down with my team for lunch and chatting about non-work topics was one of the best investments of time I made as a manager.
