
The Foundr Podcast with Nathan Chan
101: How to Build a Service Based Business Empire with Brian Scudamore
Jul 20, 2016
Brian Scudamore, an entrepreneur who built a multimillion-dollar business empire from junk, talks about his journey of building a service-based business empire and the challenges he faced. He shares strategies for getting your first customers, building a successful international franchise, and the importance of hiring for cultural fit. He also discusses recovering from the subprime crisis and his plans for reaching a billion dollars in revenue by 2020.
46:31
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Quick takeaways
- Franchising can lead to accelerated growth and shared success in the business world.
- Hiring based on attitude and cultural fit is crucial for building a strong and successful team.
Deep dives
Building a Franchising-Based Empire
Brian Scudemore, the guest in this episode, shares his journey of building a franchising-based empire. His company, 1-800 Junk, generates over $100 million in turnover and has successfully franchised many businesses in the junk removal industry. He discusses the benefits of franchising, such as accelerated growth and shared success. Scudemore emphasizes the importance of careful selection when bringing people into the organization, as people decisions are crucial for success. He also highlights the significance of systemizing the business and creating processes, drawing inspiration from the book 'The Emith' by Michael Gerber.
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