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Dan Lok Show

CEO of 1800-GOT-JUNK? Shares How To Grow a Business To Hundreds of Millions

Dan Lok Show

Dan Lok

Careers, Management, Entrepreneurship, Business

4.8826 Ratings

🗓️ 8 April 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

In this episode, you'll hear from Brian Scudamore, the visionary CEO behind the incredible success of 1-800-GOT-JUNK?.


Tune in, as Brian addresses questions from participants, offering practical advice and inspiration for entrepreneurs aiming to take their ventures to the next level. Whether you're a seasoned business owner or just starting out, this podcast promises to provide you with actionable wisdom and a roadmap for achieving remarkable growth.


Wanna experience learning from Dan Lok live? Join the SMART Challenge and he’ll show you how to turn your business into the self-sustaining asset that builds your wealth and stops the 'Entrepreneurial Hustle'.


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Transcript

Click on a timestamp to play from that location

0:00.0

Thank you so much, first of all, my name is Dave.

0:16.9

Hey, Dave.

0:18.4

What I've understood is the core principle of growth is finding the right people and building

0:24.3

the leadership and the culture of, you know, building more and more leaders.

0:29.8

So if somebody has to build a leadership team or the culture of leadership, what advice would

0:36.2

you give to somebody like me to build a leadership culture,

0:39.3

finding right people, take more decisions?

0:41.3

Yeah, good questions, Dave.

0:43.3

So, first of all, I joined YPO, which I think you're a part of, years ago.

0:48.3

I'm no longer in it. I gave the spot to Eric, my president.

0:52.3

But when I joined, I went and met with all these other young presidents

0:55.8

across the country or North America who had run businesses that were a billion or bigger.

1:01.6

And I asked them the question, what's the hardest? Is it a million, 10 million, 100, or a billion?

1:07.2

And everyone's like, a billion's the easiest. Every person without exception.

1:11.5

And I said, why is that?

1:13.2

And they said, well, a million is the hardest because it's the first copy.

1:17.0

You're trying to figure out the systems.

1:18.9

You're trying to figure out if it even works.

1:21.1

And you're making lots of mistakes and losing money.

1:24.0

10 million, 100, a billion.

1:26.1

It gets easier because of the culture, the team you're building,

1:30.2

you're not doing everything anymore, you focus in on what you do extremely or exceptionally well,

...

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