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?
Tweet This: “To be a leader you have to followers. Otherwise, you are not a leader, you are a loner...”
Awesome FREE Resource from Netsuite!
One of the most important things you can do for your business is have a great system for managing your accounting, tracking support and client needs as well as managing your sales. As the saying goes, if you don’t know your numbers, you don’t know your business. But, as I’ve seen and you’ve probably experienced - growing businesses have a problem that keeps them from getting to know their numbers and that is they usually are operating off of a mess of different systems.
They have a system for accounting and one for sales, another for inventory, and so on which is just a big inefficient mess, taking up too much time and too many resources, slowing growth and profitability. Netsuite is the business management software that handles every aspect of your business in an easy to use cloud platform; giving you the visibility and control you NEED to GROW – and I mean everything, all in one place. I have been using Netsuite for over a decade and the beautiful part is that it was able grow with us from a smaller under $1 million company to a company doing millions of dollars of business in over 100 countries.
Netsuite is offering you some very valuable insights with a FREE guide, “The 7 Key Strategies to Grow Your Profits.” Just go to www.Netsuite.com/Misfit to get your copy.
Do you know one area that has incredible power for your brand and business, but most entrepreneurs never fully maximize? It’s your website. Whether you’re developing your personal brand, building your own business, or working for a large organization, your online presence is critical to your success.
Pantheon is the leading WebOps provider, powering more than 285,000 websites and trusted by small businesses, startups, and some of the most well known brands, like Coach, Lyft, and IBM to name a few.
Rated as a Leading product for both Small Businesses and Enterprises and named one of the Top 10 Software Products of 2019 by G2 Crowd, Pantheon’s WebOps platform helps you build, manage, and optimize your most important brand asset: your website.
Whether you’re just beginning to build your dream or are already well on your way, Pantheon can help you deliver the best online experience and future-proof your digital presence.
And you can get started today as Misfit Listener for FREE with an account that gives you:
Just go to Pantheon.IO/Misfit.