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Business Wars

Taco Bell vs Chipotle | Bellwether | 2

Business Wars

Audible

History, David Brown, Business, Management

4.613.5K Ratings

🗓️ 12 October 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

It's the 1950s and just down the road from the original McDonald's in San Bernardino, a Californian entrepreneur named Glen Bell is chasing a fast-food fortune.


But with the burger wars heating up, Bell embarks on a bold venture to turn the taco from an exotic mystery into a fast-food munchie that could give the burger a run for its money.


And when he finally decides to cash out and sell Taco Bell, the nation's food conglomerates will be fighting tooth and nail to buy it.

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Transcript

Click on a timestamp to play from that location

0:00.0

Hey, prime members, you can listen to business wars ad-free on Amazon music.

0:04.6

Download the app today.

0:07.0

Early January 1978, a meeting room somewhere in America.

0:19.5

One is a lease, but come up purchase.

0:21.7

Taco Bell's CEO Robert McKay nods along as the business man around the table.

0:26.8

Discuss the implications of the latest accounting rules, but the 46 year old former architect

0:33.0

isn't really listening.

0:35.4

In meetings like this, he wonders if he should have stuck to drawing building blueprints.

0:40.0

It's been 16 years since Mexican fast food pioneer Glenn Bell asked him to design Taco

0:46.5

Bell's distinctive restaurant.

0:49.0

Now those eateries which look like many Spanish missions, pepper, California, and increasingly

0:54.7

the rest of America.

0:56.9

And Glenn Bell?

0:57.9

Well, he's long gone.

1:00.2

He handed McKay the reins three years ago, and is kept away ever since.

1:06.2

The meeting room door opens and a junior employee enters.

1:09.6

Sorry to interrupt, Mr. McKay, your secretary is on the line, she says it's urgent.

1:14.5

McKay stands.

1:16.0

Excuse me gentlemen.

1:17.5

McKay follows the employee to the phone and takes the call.

1:20.7

Hey, it's Robert.

1:22.2

What's going on?

...

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