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My First Million

Greatest Hits #5 - The 1-800-GOT-JUNK Story

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 14 June 2021

⏱️ 61 minutes

🧾️ Download transcript

Summary

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

Transcript

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0:00.0

All right, QuickBag to tell you about another podcast that we're interested in right now.

0:04.4

Hosepot just launched a Shark Tank rewatch podcast called Another Bite.

0:08.9

Every week, the host relived the latest and greatest pitches from Shark Tank, from Squatty

0:13.1

Potty, to the Mention a Bench, to Ring Doorbell, and they break down why these pitches were

0:18.6

winners or losers, and each company's go-to-market strategy, branding, pricing, valuation, everything.

0:24.2

Basically, all the things you want to know about how to survive the tank and scale your

0:28.4

company on your own.

0:29.6

If you want to give it a listen, you can find another bite on whatever podcasts I've

0:32.9

been listening to, like Apple or Spotify, or whatever you're using right now.

0:36.2

All right, back to the show.

0:38.6

This episode is brought to you by The Hubspot Podcast Network.

0:41.8

What is The Hubspot Podcast Network?

0:44.7

That's right.

0:45.7

It's a new thing by Hubspot.

0:46.7

They started with our podcast, and now they're branching into more and more podcasts with

0:51.0

experts in different business areas.

0:53.2

So you might have a podcast about marketing or sales or operations or customer service.

0:58.1

And we're going to go over through the different podcasts on this network, some are more entertaining,

1:02.6

some are more informational, some are a good mix of both.

1:04.7

That's what we try to do here.

1:06.2

And Hubspot's cool here is to have on-demand mentors.

1:10.2

So if you're an entrepreneur, you're a startup, you're scaling up.

...

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