Episode
Greatest Hits #5 - The 1-800-GOT-JUNK Story
Description
We're trying a new format. Sam (@theSamParr) adds his commentary throughout the episode this week. Let him know on Twitter what you think of the change. Brian Scudamore (@BrianScudamore) is North America’s Junk Man. He turned a $700 pickup truck into one of the world's most successful franchises. Hear how he got started, got on Oprah, stumbled and almost killed his business, and the philosophies he uses to run his multimillion dollar junk empire! --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (3:41) Intro by Shaan to original episode * (5:22) How Brian got his story out there * (8:42) The origin story of 1-800-Got-Junk * (19:28) How Brian got the 1-800-Got-Junk number * (24:18) The vision board and getting on Oprah * (34:07) How Brian tore everything down to rebuild even better * (38:56) What Brian focuses on when hiring * (47:07) Why business went down $40M and how Brian responded * (51:58) Q1: What does Brian see as their breakthrough moment? * (53:14) Q2: How does Brian get liquidity & think about money? * (56:44) Q3: What would Brian do if he was 21 again? * (57:58) Getting in touch with Brian Sam's commentary: * (1:02) Sam's intro commentary * (4:42) Sam commentary 2 * (10:41) Sam commentary 3 * (12:46) Sam commentary 4 * (14:45) Sam commentary 5 * (15:23) Sam commentary 6 * (20:45) Sam commentary 7 * (31:16) Sam commentary 8 * (39:46) Sam commentary 9 * (41:33) Sam commentary 10 * (54:44) Sam commentary 11 * (59:33) Sam final commentary
Chapters
This podcast network offers practical tips and inspirational stories for entrepreneurs and startups.
00:00 - 03:39 (03:39)
Summary
This podcast network offers practical tips and inspirational stories for entrepreneurs and startups. Tune in for valuable insights on scaling up and growing your business.
EpisodeGreatest Hits #5 - The 1-800-GOT-JUNK Story
PodcastMy First Million
The founder of 1-800-GOT-JUNK started his business at the age of 18 with a $700 truck and it has now grown to almost half a billion dollars in revenue.
03:39 - 11:23 (07:44)
Summary
The founder of 1-800-GOT-JUNK started his business at the age of 18 with a $700 truck and it has now grown to almost half a billion dollars in revenue. He started the business to fund his college and he dropped out with a year left to continue his journey with the business.
EpisodeGreatest Hits #5 - The 1-800-GOT-JUNK Story
PodcastMy First Million
Learn about the booming waste industry and how investing in it may not be as glamorous as investing in tech, but it can lead to significant financial gains.
11:23 - 16:37 (05:14)
Summary
Learn about the booming waste industry and how investing in it may not be as glamorous as investing in tech, but it can lead to significant financial gains.
EpisodeGreatest Hits #5 - The 1-800-GOT-JUNK Story
PodcastMy First Million
Founder, Brian Scudamore, shares the story of how he came up with the now-famous phone number for 1-800-GOT-JUNK.
16:37 - 25:11 (08:34)
Summary
Founder, Brian Scudamore, shares the story of how he came up with the now-famous phone number for 1-800-GOT-JUNK. The decision to switch to this number caused a temporary decline in revenue but ultimately led to the company's successful expansion in the United States.
EpisodeGreatest Hits #5 - The 1-800-GOT-JUNK Story
PodcastMy First Million
A vision wall is a helpful tool for companies to visually display their goals and aspirations, inspiring both the team working toward them and visitors to the office.
25:11 - 29:01 (03:49)
Summary
A vision wall is a helpful tool for companies to visually display their goals and aspirations, inspiring both the team working toward them and visitors to the office. By displaying big, bold, and imaginative ideas, a company can motivate itself toward reaching its objectives.
EpisodeGreatest Hits #5 - The 1-800-GOT-JUNK Story
PodcastMy First Million
The CEO of a company shares his experience of feeling like Michael Scott from "The Office" and how as the chief visionary he likes to help people imagine big things.
29:01 - 33:40 (04:39)
Summary
The CEO of a company shares his experience of feeling like Michael Scott from "The Office" and how as the chief visionary he likes to help people imagine big things. He also talks about several successful audacious and crazy ideas that they have executed in his company.
EpisodeGreatest Hits #5 - The 1-800-GOT-JUNK Story
PodcastMy First Million
The speaker discusses how her vision for her startup's employees differed from the reality, including the example of an employee who would don a blue wig to get in the "pitch mode."
33:40 - 41:37 (07:56)
Summary
The speaker discusses how her vision for her startup's employees differed from the reality, including the example of an employee who would don a blue wig to get in the "pitch mode." She reflects on learning to embrace employees who don't fit the traditional mold of a professional, happy worker.
EpisodeGreatest Hits #5 - The 1-800-GOT-JUNK Story
PodcastMy First Million
Hiring the right person is crucial to the success of any business, but it's not just about the qualifications on paper.
41:37 - 46:38 (05:00)
Summary
Hiring the right person is crucial to the success of any business, but it's not just about the qualifications on paper. Taking the time to get to know a potential hire as a person, and finding someone with a positive attitude that you genuinely enjoy being around, can make all the difference.
EpisodeGreatest Hits #5 - The 1-800-GOT-JUNK Story
PodcastMy First Million
The co-founder of Reddit discusses how he dealt with down times and found success through hitting milestones and seeking the help of someone who believed in his vision.
46:38 - 55:48 (09:09)
Summary
The co-founder of Reddit discusses how he dealt with down times and found success through hitting milestones and seeking the help of someone who believed in his vision.
EpisodeGreatest Hits #5 - The 1-800-GOT-JUNK Story
PodcastMy First Million
The speaker encourages creating a painted picture, and is willing to share material about it if requested.
55:48 - 59:55 (04:07)
Summary
The speaker encourages creating a painted picture, and is willing to share material about it if requested. They also share their experience of being offered a large sum of money to buy their small business.
EpisodeGreatest Hits #5 - The 1-800-GOT-JUNK Story
PodcastMy First Million
The speaker learned a lot about himself and enjoyed sharing his experiences and wisdom.
59:55 - 1:00:41 (00:45)
Summary
The speaker learned a lot about himself and enjoyed sharing his experiences and wisdom. He asks for feedback and encourages the audience to connect with him on Twitter.