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Michael Aaron Flicker

πŸ‘€ Speaker
146 total appearances
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Appearances Over Time

Podcast Appearances

Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

And it's really a very interesting topic to observe how humans actually behave.

522.97 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

It sure is.

543.181 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

But let me set the stage for everybody.

544.683 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

it's 1986 and founder jerry morrell is walking down the maryland boardwalk with his four sons and so the four sons and jerry become the original five guys and they're walking on this boardwalk and they noticed that only one food stand has a massive line and its name was thrasher fries

546.967 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

Lots of food shops, lots of options, only one with this massive line.

570.136 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

And Jerry comes up with the insight.

575.07 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

I wonder if that's because they only do one thing and they do one thing really, really well.

576.835 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

They make French fries.

583.032 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

And because of that, with that insight, he starts Five Guys.

585.138 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

And today, they have 1,800 stores.

589.584 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

They do a $1.6 billion in sales.

592.469 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

And they still are basically a burger and fry joint.

595.914 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

They do no chicken.

599.419 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

They do no salads.

600.721 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

They do no ice cream.

601.942 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

And they're tapping into what you raised, which is the gold dilution effect.

603.785 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

And it's this very counterintuitive insight in behavioral science that if you say that you're good at many things, it is less believable

608.896 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

than if you say you're only good at one thing.

619.9 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

And the academic study for this comes from University of Chicago, 2007.

622.825 View full episode β†’
Something You Should Know
The Psychology of Brand Loyalty & The Strange History of Everyday Words

We have a study where we're asking participants to say if they believe eating tomatoes would be effective at one goal, preventing cancer,

628.674 View full episode β†’