The Knowledge Project with Shane Parrish #59 Following Intellectual Curiosity with Thomas Tull
134 snips
May 28, 2019 In this riveting conversation, Thomas Tull, founder of Tulco and former CEO of Legendary Entertainment, discusses the power of learning from mistakes and nurturing intellectual curiosity. He shares his journey from a challenging upbringing to successful entrepreneurship in innovative industries. Tull also reflects on the intricate blend of talent and human behavior in the NFL, his dream of co-owning the Pittsburgh Steelers, and the strategic pivots in filmmaking. Plus, he explores how technology can transform traditional sectors, including medical apparel.
AI Snips
Chapters
Books
Transcript
Episode notes
Early Ventures
- Thomas Tull had a brief stint with the Atlanta Braves.
- He then started small businesses, including laundromats and auto repair, in economically challenged areas.
Business Approach
- Thomas Tull's strength is not inventing new things.
- He excels at improving existing industries or business models by finding areas for enhancement or efficiency.
Laundromat Innovation
- Thomas Tull innovated in the laundromat business with dynamic pricing and computer systems.
- Weekends were busy, weekdays slow, so dynamic pricing evened out demand and improved revenue.
