Episode 69

Building Friday Sock Co.: Adam Thompson on Focus, Growth & Giving Back

37 min

Portrait of Adam Thompson, Floor Sweeper

Adam Thompson

37 min
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Episode summary

In this episode of The People-Driven CEO Podcast, Shane sits down with Adam Thompson, Founder of Friday Sock Co., to talk about entrepreneurship, growth, leadership and what it takes to turn a simple idea into a lasting consumer brand. Adam started Friday Sock Co. in Calgary in 2015 while still working a full-time job. With $5,000 on a credit card, some self-taught design skills and a purposely mismatched sock concept, he began selling at local markets.

What started in a one-bedroom condo has grown into a company with a 15-person team, manufacturing in Italy, distribution through more than 800 independent retailers, direct-to-consumer sales and a custom sock business serving hundreds of companies. Adam and Shane explore the different stages of growing a business, from making every decision yourself to hiring a team, building systems and eventually learning how to let go.

Adam shares why focus has become increasingly important as Friday Sock Co. has grown and how stepping away from too many competing ideas helped the core business regain momentum. They also discuss hiring, documentation, AI, wholesale growth and the founder’s responsibility to spend more time thinking about where the business should go next.

The conversation also gets into Friday Sock Co.’s commitment to giving back. Over the years, the company has supported food banks, the Canadian Down Syndrome Society and numerous community initiatives, raising more than $300,000.

For Adam, business is not only about growth. It is about creating something distinctive, treating people well and using the opportunity you have to leave things a little better than you found them.

Meet the guest

Adam Thompson

Floor Sweeper

Adam Thompson is the Founder of Friday Sock Co., a purposely mismatched sock company based in Calgary, Alberta.

From humble beginnings in 2015, Friday Sock Co. has grown from local markets and a handful of designs into a brand distributed through more than 800 independent retailers. The company also sells directly to consumers through eCommerce and creates custom socks for hundreds of companies both big and small.

Friday Sock Co. is known for its purposely mismatched designs, Italian manufacturing and commitment to doing good in the community. As the company has grown, Adam has continued learning what it means to lead a team, stay focused and build a business that can create both commercial and community impact.