GRAND Magazine - September/October 2018 - 20
cover story
How Newman's Own Came To Be: It started as
a joke. Paul used to mix up his salad dressing with his
good friend, Hotch, (A.E. Hotchner) around the holidays and put it in empty wine bottles and give it out as
Christmas gifts. Neighbors used to come back and ask
for refills and somebody said you ought to put this in a
store.
The professionals said 'Paul, nobody's going to try
your salad dressing unless your face and name are
on it.' and Paul said, "Well, that's not gonna happen."
But they convinced him that, look, that's the way you
get somebody to try it. They're not going to try it the
second time unless it's good. He said, "All right. If I do
that, I'm going to give 100 percent of the profits away."
I would say to him, "I'll try my hardest, that if you
ever figured out how to walk back in the room ten
years from now, you may not know the people, you
may not even have a clue what they're talking about,
but it will feel right to you."
About the Philanthropic Enterprise Act: I was
40 days away from making the final recommendation
to my board of directors that we begin the process of
breaking up Newman's Own...
The Hole In The Wall Gang Camps (Now
SeriousFun Children's Network): Paul said, "I just
Paul with his long-time friend, "Hotch" A.E. Hotchner
20 GRAND
SEPTEMBER OCTOBER 2018
wanted to acknowledge luck. What could be more
unlucky than to be a child and have cancer? You had
nothing to do with this. It was just bad luck." He wanted
a place where children could just raise a little hell
and not worry about the pain and isolation of their
conditions.
These camps are now taking children with orphan
diseases or other serious illness. Often, their conditions
are so rare that there is no medical specialty for them.
No pharmacy interest.
Paul Newman - Entrepreneur: He had the personality of an entrepreneur. In his office there was a
sign; 'If I'd had a plan, I would have been screwed'. I had
to convince him later that if you don't get a plan, you're
probably going to get screwed. He was fiscally very
conservative; so every year he thought, 'well, we did
okay but next year we're going to tank'.
Preserving a Legacy: he'd turn to me and say, "Hey
Forrester, what's going to happen when I conk?" Those
were his exact words.
Click to read full interview
Continued on next page
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GRAND Magazine - September/October 2018
Table of Contents for the Digital Edition of GRAND Magazine - September/October 2018
Contents
GRAND Magazine - September/October 2018 - 1
GRAND Magazine - September/October 2018 - 2
GRAND Magazine - September/October 2018 - 3
GRAND Magazine - September/October 2018 - Contents
GRAND Magazine - September/October 2018 - 5
GRAND Magazine - September/October 2018 - 6
GRAND Magazine - September/October 2018 - 7
GRAND Magazine - September/October 2018 - 8
GRAND Magazine - September/October 2018 - 9
GRAND Magazine - September/October 2018 - 10
GRAND Magazine - September/October 2018 - 11
GRAND Magazine - September/October 2018 - 12
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