Dave Lukas Chats with Brian Scudamore
151: Willing to Fail, The Secret Success Strategies of 1-800-Got-Junk Founder, Brian Scudamore
This week’s Misfit Entrepreneur Brian Scudamore. Brian is the founder of O2E Brands, the banner company for
1-800-GOT-JUNK?, WOW 1 Day Painting, You Move Me, and Shack Shine. O2E Brands offers franchise business ownership opportunities in the home services industry. The company currently has over 250 franchise owners throughout North America and Australia.
I’m sure you’ve heard of Brian’s companies as they have been featured everywhere from CNBC, FOX, Entrepreneur, Fortune, Forbes, INC, and in addition to that, they’ve won numerous awards including:
This year Brian published his first book, a best-seller called WTF, Willing to Fail: How Failure Can Be Your Biggest Key to Success. It’s the principles of this book and what Brian’s learned about building successful businesses that I’m excited to explore in this episode.
@BrianScudamore on Instagram
Get WTF on Amazon
Everything started with Brian trying to pay for college because all his friends were going, and he wanted to be able to do the same. He had to talk his way into college and try to find a way to pay for it. Brian’s parents couldn’t afford to send him. He was in a McDonald’s parking lot where he saw a beat up old pickup truck filled with junk that said “hauling” on it. He had $1000 in the bank and put $700 into a beat-up truck, called it the Rubbish Boys, and within a week, had a business going.
He had vision for something bigger and started knocking on doors, drove down streets and offered to haul things for people, and that business model became 1-800-Got-Junk. And 3 years into college, it had grown so much and was learning more about business running one, he left and went full go at it.
At the 6 min mark, Brian explains how after 22 years into building 1800-Got-Junk, they had sold out in North America and Australia, so he decided to start another home service business, WOW One Day Painting – which is now doing over $30 million.
Can you share the system or set of principles that you consistently use to build these businesses?
Tell us about franchising….
Leadership is critical to succeeding in any business, especially franchising. What does it mean to you to be a leader?
What are some of key element that are part of a vision?
WTF has become a huge best-seller. Can you share some of your favorite and most important lessons from the book?
Why are people so afraid to fail?
What is the most important thing you’ve learned about life in going through your journey?
What other habits have you put into your life that you have found are very helpful to success?
What is the best advice you can give to an entrepreneur just starting out?
What does O2E stand for?
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