Richard Fain - Royal Caribbean Chairman | How Culture Took Us from $550M to $90 Billion
Richard Fain - Royal Caribbean Chairman | How Culture Took Us from $550M to $90 Billion  
Podcast: Success Story with Scott D. Clary
Published On: Tue Oct 28 2025
Description: ➡️ Join 321,000 people who read my free weekly newsletter: https://newsletter.scottdclary.com   ➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory Richard D. Fain led Royal Caribbean Group as CEO from 1988, growing it from a $550 million company into a $90 billion cruise industry giant. A Berkeley and Wharton grad, he's known for pioneering revolutionary ship designs and sustainability initiatives that changed how the world cruises. His culture-driven leadership style built one of the most innovative and successful companies in global travel. He now serves as Chairman of the Board.   ➡️ Show Links https://www.linkedin.com/in/richardfain/    ➡️ Podcast Sponsors Hubspot - https://hubspot.com/   ShipStation - https://www.shipstation.com/ (Code: SuccessStory) Square - https://square.com/go/success  SurveyMonkey - https://www.surveymonkey.com/scott  Monarch Money - https://www.monarchmoney.com (Code: Success) Claude - https://claude.ai/success  Incogni - https://incogni.com/success (Code: Success) Huel - https://huel.com/scott (Code: scott) Think Big, Buy Small Podcast - https://link.chtbl.com/B2cH36AX?sid=SuccessStory  NetSuite — https://netsuite.com/scottclary/  Indeed - https://indeed.com/clary   ➡️ Talking Points 00:00 – Intro 01:28 – Why Richard Fain Can’t Retire 02:44 – 33 Years as a Cruise Industry CEO 04:55 – The Death of Long-Term Thinking 06:36 – The Inflection Point That Changed Everything 08:18 – Building Culture with Intention 12:35 – Leading Under Pressure Without Losing Culture 15:32 – Vision vs. Intentionality: What’s the Difference? 18:17 – Hiring the Right People for the Mission 21:09 – Alignment Over Consensus 23:46 – Sponsor Break 28:21 – Killing Ego While Leading with Purpose 30:17 – Driving Results Without Burning Out Your Team 35:47 – The CEO’s Decision-Making Framework 38:11 – How to Create True Innovation 42:52 – Inside Royal Caribbean’s ‘Culture of WOW’ 46:28 – Sponsor Break 49:21 – Getting Your People to Go the Extra Mile 52:59 – Turning Products into Culture Statements 1:01:35 – Fear Makes People Stupid 1:06:04 – How to Pass the Torch the Right Way 1:12:16 – Lessons from Richard Fain’s Book 1:13:31 – The Most Important Lesson for His Kids