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101: How to Build a Service Based Business Empire with Brian Scudamore

101: How to Build a Service Based Business Empire with Brian Scudamore

FromThe Foundr Podcast with Nathan Chan


101: How to Build a Service Based Business Empire with Brian Scudamore

FromThe Foundr Podcast with Nathan Chan

ratings:
Length:
47 minutes
Released:
Jul 20, 2016
Format:
Podcast episode

Description

Brian Scudamore of O2E brands knew all along that he wanted to be an entrepreneur. Relying on that sense of determination, he's built up a sprawling multimillion-dollar business empire, with franchises all over the world. But it all began with junk. To be specific, it all started in a McDonalds drive-thru, with Scudamore sitting in his car trying to figure out how he would pay for college. What he saw was an old pick-up truck filled to the brim with junk, and he immediately knew that this would be his ticket to chase his entrepreneurial dream. "A week later, I had a business hauling away junk, and that was the way into my job and a career path that's now been 27 years of pure entrepreneurial passion," he says. The first business he founded was 1-800-Got-Junk, which has since turned into multiple franchises all around the world and spun off into three more business in the home services niche. Altogether they generate a revenue of $250 million per year! But it hasn't been smooth sailing over the past 27 years, with many ups and downs along the way and some valuable lessons learned. We're very lucky to learn those lessons directly from Brian today through this week's podcast episode. In this interview you will learn: How to get your first round of customers within your first day of business The secrets to building a successful international franchise What the franchise business model looks like and how you can make it work for you Why you need to always hire for culture and fit rather than skill Traps and pitfalls to look out for when running such a large international conglomerate & much more!
Released:
Jul 20, 2016
Format:
Podcast episode

Titles in the series (100)

We interview hard to reach entrepreneurs. (Mark Cuban, Seth Godin, Tim Ferriss, Tony Robbins, Barbara Corcoran, Daymond John & many more). Unlike most podcast interview series Nathan Chan literally started from knowing nothing. He was just an average guy working in a 9-5 job he utterly hated. He knew nothing about entrepreneurship, nothing about startups, nothing about marketing, and nothing about online or how to build a business. So from launching Foundr Magazine he's gone out and spoken to some of the most successful entrepreneurs and founders in the world in the world to find out exactly what it takes to become a successful entrepreneur, so YOU can learn from them. Why this podcast? Because we're asking the same questions you want to know as an entrepreneur on their journey to building an extremely successful business. We're on the front-lines facing the daily battles you are. How do I get more customers? How do I scale my business? I want to start a business, but just don't know where to start? How did this person get millions of customers and make millions of dollars and have a such a massive impact on the world? Some of these entrepreneurs are very well known, and some not known at all and that’s the cool part! Here we will share with you our best interviews from Foundr magazine showcasing this persons processes, failures, critical lessons learnt and actionable strategies showing YOU how to build a successful business. This is NOT your AVERAGE everyday entrepreneurship podcast.