Brian Scudamore, founder of O2E Brands, discusses the current financial scale of his flagship franchise, 1-800-GOT-JUNK.
0:00 / 0:05exact quote · 5.4s
720p mp4 · rendered on demand · StarZero watermark
“So, one 800 got junk, the first baby in the family, so to speak, is about six hundred million in revenue.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Brian Scudamore
AssertionSupported
Scudamore: Fired entire 11-person team at 1-800-GOT-JUNK over culture
“It was the day I fired my entire team. Now, literally, I didn't preserve one. There were 11 people in the company. I always say that one bad apple spoils the whole bunch, and I think I had nine out of 11 that were bad apples. Now, not bad human beings, but jus…”
Brian ScudamoreNov 29, 2022▶ 17:04How the Founder of 1-800-GOT-JUNK Built His $700M Empire
Insight
Scudamore: Scaling a business to $1 billion is easier than $1 million
“The easiest is a billion. The hardest is a million. From a million, it starts to get easier at ten million, easier at a hundred, and even easier yet at a billion. That blew my mind, but it actually has proven in my situation as we're two-thirds of the way to a…”
Brian ScudamoreNov 29, 2022▶ 36:23How the Founder of 1-800-GOT-JUNK Built His $700M Empire
AssertionNot checkable as stated
Scudamore: 1-800-GOT-JUNK's appearance on Ellen produced zero customer calls
“Now, by total contrast, the biggest show in the last year on daytime TV was Ellen, and it was crickets. It was absolute crickets.”
Brian ScudamoreNov 29, 2022▶ 13:40How the Founder of 1-800-GOT-JUNK Built His $700M Empire
Insight
Scudamore: Brand pricing power more than offsets franchisee royalties
“They're gonna find that with one 800 got junk, they're gonna charge more. And that incremental value that you get being able to charge more is because of a premium brand that we've created that has huge credibility. So that incremental amount more than covers …”
Brian ScudamoreNov 29, 2022▶ 29:28How the Founder of 1-800-GOT-JUNK Built His $700M Empire
Insight
Scudamore: The best local service companies are almost always the most expensive
“In services, it doesn't work that way. The biggest and the best in every market, let's call it HVAC or window washing, doesn't matter, is usually generally the most expensive or close to the most expensive, because it costs a lot of money to find great people.”
Brian ScudamoreNov 29, 2022▶ 31:23How the Founder of 1-800-GOT-JUNK Built His $700M Empire
What-if
Scudamore: The business would have bankrupted without outside leadership
“I couldn't have done that. We would have lost the business. We would have bankrupted it.”
Brian ScudamoreNov 29, 2022▶ 42:29How the Founder of 1-800-GOT-JUNK Built His $700M Empire
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 200 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.