Pizza Hut vs Domino's | Deliverance | 4

Business Wars

Wondery

History, Business, David Brown, Management

4.6 • 13.2K Ratings

🗓️ 21 September 2020

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s the late 1980s and Domino’s founder Tom Monaghan’s living the high life. After years of struggle, he’s a billionaire and he’s buying up plenty of status symbols to prove it.

But as Pizza Hut tries to rally a counter-attack, a day of reckoning is fast approaching for the pizza delivery pioneer.

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Transcript

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0:00.0	Hey, prime members. You can listen to business wars ad-free on Amazon music. Download the app today
0:15.6	It's October 1985 and at a classic automobile auction in Durbrune, Michigan
0:20.7	Domino's founder Tom Monahan sits on the edge of his seat as the auctioneer races the hammer and
0:25.9	And soon at $37,000 to Pizza Man
0:31.2	Monahan smiles as everyone turns to look at it
0:34.3	He's now the proud owner of a 1886 fire engine a few rows in front the Arizona car dealer who lost out glairs at the pizza mogul
0:43.9	Monahan turns to his aid
0:45.9	What's next? The Lincoln K. Ooh, I want that
0:50.6	The aid grimaces his job today is to rain in Monahan spending
0:55.0	But after a lifetime of scraping by Monahan is now the sole owner of Domino's a billion dollar business
1:01.8	And he's enjoying living the high life
1:04.2	The fire engine in the Lincoln K. are just the latest toys
1:07.5	He's already used Domino's money to buy a fleet of aircraft and island and the Detroit Tigers baseball team
1:14.4	He's also blowing more than 100 million dollars on building Domino's swanky new headquarters
1:20.7	But before the aid can urge caution the auctioneer resumes
1:24.8	Next this unique Lincoln Model K convertible used by the king and queen of England on their 1939 tour of Canada
1:33.0	Monahan locks eyes with the Arizona car dealer
1:36.0	They both want this one the auctioneer senses the high roller rivalry
1:41.2	Looks like the lightweight's better get to the back for this one opening at 150
1:45.8	150 150, 150, how 150, 150 would you be 150? Monahan nods
1:50.1	Bayed at 150, a bit of 160, 160, get him up set him up at 160
1:53.9	The car dealer shouts out
	...

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