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Brad Sugars

👤 Speaker
931 total appearances

Appearances Over Time

Podcast Appearances

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

It's a $2 million company done in tens of thousands of locations.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

Most businesses are small businesses done thousands of times.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

And so if you look at it, you start thinking about what does it take?

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

What is X times Y?

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

That's the formula for a billion.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

It's X times Y, not complex.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

X is usually a multimillion-dollar center of some sort, a restaurant or a –

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

garage or you name it type thing or a small hotel, but it's this done this many times is a billion dollar business.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

So once you build that million dollar framework, then what your job is, is you go and find how many locations can I put this in or how many brands can I do this with?

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

You think of Daymond John, what did he do?

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

Learned how to build a multinational clothing brand.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

Then how many times did he go do it?

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

You know, you start thinking of it that way.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

If you look at Tillman Fatita, he just worked out how many restaurants can I build and how many do I go and do with that sort of thing.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

And he's not a billionaire because of one shop.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

He's a billionaire because he put thousands and thousands of restaurants across the world.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

Each one of them does X dollars.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

It's X times Y. So Ray Kroc, McDonald's, he just found the quick service system.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

And the great thing about the quick service system, the McDonald's system, the McDonald brothers also sold that to Taco Bell and Burger King.

Digital Social Hour
Bradley Sugars: There Are No Billion-Dollar Companies (Here’s Why) | DSH #1712

So Taco Bell, Burger King, and McDonald's all built on the quick service system.