How I Built This with Guy Raz

Five Guys: Jerry Murrell

7 snips
Jun 5, 2017
Jerry Murrell, founder of Five Guys, shares his journey from failed business ideas to a burger empire with over 1,400 locations. He emphasizes the importance of quality ingredients and family involvement in their success. Also, learn about Aiden and Jesse's journey of creating UV-protecting goggles for dogs.
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ANECDOTE

Inspiration for Five Guys

  • Five Guys' concept originated from two observations.
  • One was a simple burger joint, Pushimup Tony's, and the other was Thrashers, known for its long lines for fries.
ANECDOTE

First Five Guys Location

  • Jerry Murrell proposed using their college fund to open a burger joint instead.
  • The first Five Guys location was a small, low-rent space, equipped with refurbished equipment, costing $35,000.
ADVICE

Focus on Quality Ingredients

  • Let your team choose ingredients based on quality, not price.
  • Maintain a consistent food cost percentage, even if it means raising prices.
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