Owner of Domino's Pizza
Work Tom motorist transfer to save money for university, where he studied for a quarter semester, won through high grades, but was forced to leave her for failing to provide enough money to pay for the study, and therefore decided after enrollment U.S. Marine in 1956 and was discharged them with honors in 1959, Mdkhra half of what happened during this period, which was serving a term of time in the ocean on the back of a boat warfare thinking of his future and how he wants to be.
That this money exclusively favored in vain in the failed project, and then joined Tom function Musharraf boys distribution of newspapers, daily newspapers, and started his own delivery service daily newspapers to homes in New York City, and bought a shop small business selling newspapers and magazines, and joined during this period twice the university, on both occasions was forced to withdraw after three weeks of the short hand.
One day in 1960, he told his brother James Thomas (Tom) Monahn pizza shop is for sale named Dominicz, and James was eager to buy the shop, but he was worried to do it alone, so preferred to involve his brother with him. Together, the brothers decided to pay $ 500 and 900 other borrowing to buy a restaurant in city Eptzalenti.Tom got studied intensively to explain how to cook pizza lasted a quarter of an hour, then left the teacher and former restaurant owner. Brotherhood was without any experience, and two Astra restaurant without consulting a lawyer, and Marsa sell pizza without even a tax deduction as they were required by law organization at the time! The plan was to work Tom midnight, and complements the other half brother, which was rejected by James, who wanted to keep his day job as a mail man.
The first branch of Domino's
Eight months after the beginning, James decided to exit from this project, what was Tom only Qaeidah car Volkswagen Beetle model Beatles were they use to connect applications. The first year very strenuous, but was unable Tom make a little profit, a delay in the settlement of any outstanding invoices.
After narrowed and persisted rings, came on the weekend, and happened to missed half the team attendance, this was more a day in terms of sales, as the role university were not available meals for students on this day, and restaurant was Tom soon from this role. Does not know Tom what to do with this absence in the labor force, closes or opens it not be?
Tom
Tom provides a pizza in five sizes, but someone advised him that only offers pizza-size 6-inch only, it was costing the cost of the large size and need the same time in the delivery, but it was costing less and greater profits. The plan was based on that if things go wrong Vsioukvon receive phone calls. Before today in peace, Tom did not refuse any request, but achieved a 50% additional profits that night for the first time. The next night Tom Pizza feet of the 9-inch size, and then began profits know by Tom.
Then bought Tom two new shops in the country, which wanted to stall Dominicz, but Dominique His name declined to do so, and must therefore come as soon. One day he returned the delivery boy from boys and told him I found you the appropriate name: Domino's Pizza, Tom impressed by name immediately, he is Italian, in line with the pizza Italian origin, which symbolizes the dominoes and therefore can be used in the brand. The initial idea was that puts Tom domino include three points, to symbolize the three branches, and whenever Tom opened a new branch, the more points added. Of course with the large increase in the number of branches, never allow the implementation of this idea.
The scope of thinking Tom limited time, it is not expected to be the three branches Alozhm in the whole city, every branch was selling more than 3 thousand pizza a week, increased up to 5 thousand. Tom was very interested in all the large and small in the folds of his work, he hired Mtdhuqan blind to experience quality Jaúnh, and were identified opinion ordinary people in all, it has gained the love and cooperation his team helped him to improve the quality offered, while reducing costs at the same time.At the end of the sixties attended Tom training course on the idea of outsourcing franchising trade is (Francese) and here began inspiration drops it, it is the opinion of men look them emirates wealth and luxury excessive attend this session, which felt that outsourcing is a way to reach the summit, but before that was it has to be outstanding model, which will ensure his success.Tom opinion that what sets it apart is the pizza delivery requests to applicants in their positions, although this connection is not widespread or desperately needed at the time, but decided to be proficient in this model and makes it his hallmark. However, before doing so, he had to get the big money to be appointed to do all that. Here Tom decided that the time had come to put his company on the stock exchange.
Meet Tom broker financially in the city of Detroit and offered him the idea, but the man saw the idea naive, For Tom accepted to be more literal, as it employ many men with certificates in business administration, and it mechanization and computerization of the accounting system, and it has the most important thing: the need to continue growth and capers.
Tom did everything what the man said, a number of branches has increased from 12 to 44 in ten months, but Tom began to notice the large number of its staff, and the lack of what they are doing. New shops are not near universities like its predecessor, but near residential areas, and boutique marked congestion, and slow delivery, and also started outsourcing shops receive food from Tom, but did not pay him the price as this food is sold. And is only a few even ended up Besahibna has lost 51% of his company to the lending banks.
Creditors forced their prey Tom hiring was supposed to put things right, but on the contrary, more hurt than beneficial. Issued expert Faramanath raise pizza prices, and reduce the costs of services and delivery, and ordered branches using cheap pizza ingredients, and Tom stood up spectator, he was powerless to intervene.
Ten months after the expert provider, start right franchise buyers lawsuits because of excessive concession prices, and forcing them to buy everything from the company. The company was in a very bad position, so that the banks agreed to the Administration for Tom, and feasibility of desperation fix things.
HE Tom restore the reins too, which begged and begged and استعطف suppliers to continue to supply, and franchise buyers to step back from their cases. And approved some of who are blessed return of Tom, and one by one, and those who refused to retreat Vtsaleh with Tom resolution concession agreement and leave them turning to other names.But Tom was still in front of him a large debt must be paid, he had more than a thousand creditor, raising 150 of them lawsuits demanding repayment. Tom took it nearly two years of hard work and talking all the time on the phone asking creditors an additional time space. After he had 29 workers in place the President, the number came down to three, two of whom Tom and his wife.
Tom was not ready to declare the bankruptcy of his company, I have tasted the sweetness of success and prosperity, and he wanted to return to such a situation again. Tom took to defend itself in lawsuits filed it, it did not bear the expenses of the lawyer, so save the judges, and began to give him the lenient sentences, such as the payment of a few dollars a week for severe length. Tom has been living in a house without furniture and driving cars old pizza delivery.
Some creditors of generosity so shot down some debt, but within a year was Tom has paid all his debts, and in a few years, all the problems have been solved, and returned to Tom strength, and the number of branches 300 stores, and returned customers to its branches, which began experiencing increases missile sales , and returned customers want to exploit his name commercially again. This time Tom learn from the issues raised, and therefore insisted on outsourcing wants to work as director of one of his restaurants, and after his success in his mission for a year, be able to return to obtain the consent of the company.
Tom established company to finance these new terms, and thus provided the expenses of lawyers who were in charge processing contracts and see our terms and conditions. This system has proved its worth, which is considered the best outsourcing system in his time, and in 1980 Tom opened its first branch outside the country, in Winnipeg, Canada, in 1983 Tom has more than 1,100 branches.
Tom began in the design of incentive programs for employees, and delivery system has not been applied in 30 minutes otherwise Valbetza be free, and began improving delivery times and less. This system brought to Tom great fame, but was forced in 1993 to stop it, because of a compensation claim from a woman bumped driver from Domino's drivers exceeded a red light signal.
Tom began investigating astronomical profits, fame began to focus upon, and began its own outsourcing deliver great fame. This success made Tom begins to buy dear, In 1983 bought the Detroit Tigers (Detroit Tigers) for basketball, and won the championship the following year, making him the title then becomes a tiger pizza. Tom also bought farms around the headquarters of the company president, bought 244 rare car, and bought Historic Buildings
In 1989, Tom decided to sell all of his share in the Domino's Pizza. But to give the buyer confidence that the company can go without him as its chairman, Tom decided to step down from his position as head of the group, but the sale of the company took him two and a half years. In the meantime, Pizza Hut has entered the playing field strongly, and began delivering pizza in less time, and in the absence of Tom the company began to deteriorate, and the company's debts amounted half a billion dollars. It was incumbent on Tom back again to save the company in 1991.
What was Tom only and that the Covenant is taken on himself that a poor return, he began selling precious possessions, luxury cars, and the Tigers team. In 1999 appeared a buyer for the company, his Fballa Tom through 14 weeks. The buyer was the owner of Caesar's Pizza stores (Caesars), while the selling price was billion U.S. dollars, but Tom still retains some of the few stocks in the company.
Today, Tom lives for donations, which is a generous donor and famous, Tom was born March 25, 1937, which launched his 23-year-old, in 1960, and today more than branches of his former company more than 8,000 branches.
Now, it was time to draw wisdom:• Think about what he thinks James brother now, and what it had in mind when the company had almost bankrupt the first time, then the second time around.
• despite the difficult upbringing, and adverse circumstances, married Tom and fathered four girls, and started his own• success does not mean immunity against failure, as well as the failure does not mean the impossibility of success• new ideas are needed from outside the facility, while the application comes from within the facility• Do not belittle any advice would, and try every way, and helped the team to trust it• Make sure that you have a clear vision of what you want to do and is formed in the future, it does not matter achieved or not yet, more important to be with you, and crystal clear
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