hi I’m Evan Carmichael and welcome to another edition of Molly no monsters
another edition of Molly no monsters
another edition of Molly no monsters today we’re going to look at how a young
today we’re going to look at how a young
today we’re going to look at how a young entrepreneur who had it difficult to
entrepreneur who had it difficult to
entrepreneur who had it difficult to keep it up in class and didn’t believe
keep it up in class and didn’t believe
keep it up in class and didn’t believe in himself changed his life around and
in himself changed his life around and
in himself changed his life around and became one of the wealthiest man in
became one of the wealthiest man in
became one of the wealthiest man in North America this is a story of truett
North America this is a story of truett
North America this is a story of truett Cathy from chick-fil-a and the top three
Cathy from chick-fil-a and the top three
Cathy from chick-fil-a and the top three lessons that you can learn from his
lessons that you can learn from his
lessons that you can learn from his success Samuel truett Cathy is a founder
success Samuel truett Cathy is a founder
success Samuel truett Cathy is a founder of chick-fil-a a quick service
of chick-fil-a a quick service
of chick-fil-a a quick service restaurant chain based in suburban
restaurant chain based in suburban
restaurant chain based in suburban Atlanta Georgia when his parents
Atlanta Georgia when his parents
Atlanta Georgia when his parents couldn’t pay their bills from his
couldn’t pay their bills from his
couldn’t pay their bills from his father’s job they began renting out
father’s job they began renting out
father’s job they began renting out rooms in their house providing a bed and
rooms in their house providing a bed and
rooms in their house providing a bed and two meals to a guest for a dollar a day
two meals to a guest for a dollar a day
two meals to a guest for a dollar a day at any given time there be as many as
at any given time there be as many as
at any given time there be as many as eight guests in the Cathy house that on
eight guests in the Cathy house that on
eight guests in the Cathy house that on top of Cathy’s two brothers four sisters
top of Cathy’s two brothers four sisters
top of Cathy’s two brothers four sisters and parents according to cathy grown up
and parents according to cathy grown up
and parents according to cathy grown up in a boardinghouse introduced me to hard
in a boardinghouse introduced me to hard
in a boardinghouse introduced me to hard work and taught me the value of diligent
work and taught me the value of diligent
work and taught me the value of diligent labor by the time he was eight years old
labor by the time he was eight years old
labor by the time he was eight years old kathy was already an entrepreneur
kathy was already an entrepreneur
kathy was already an entrepreneur chipiya nori could help support his
chipiya nori could help support his
chipiya nori could help support his family he began buying six packs of
family he began buying six packs of
family he began buying six packs of coca-cola for 25 cents and selling
coca-cola for 25 cents and selling
coca-cola for 25 cents and selling individual bottles door-to-door of five
individual bottles door-to-door of five
individual bottles door-to-door of five cents each in high school he right
cents each in high school he right
cents each in high school he right thinkin Grow Rich by Napoleon Hill which
thinkin Grow Rich by Napoleon Hill which
thinkin Grow Rich by Napoleon Hill which had a profound impact on his life I
had a profound impact on his life I
had a profound impact on his life I wasn’t all that bright I had difficulty
wasn’t all that bright I had difficulty
wasn’t all that bright I had difficulty keeping up in class and it always
keeping up in class and it always
keeping up in class and it always carried with me a bit of an inferiority
carried with me a bit of an inferiority
carried with me a bit of an inferiority complex but I enjoyed my work and I
complex but I enjoyed my work and I
complex but I enjoyed my work and I enjoyed the rewards of working as I read
enjoyed the rewards of working as I read
enjoyed the rewards of working as I read mr. Hills book I realized I could do
mr. Hills book I realized I could do
mr. Hills book I realized I could do anything I wanted if I wanted it badly
anything I wanted if I wanted it badly
anything I wanted if I wanted it badly enough his words motivated me and showed
enough his words motivated me and showed
enough his words motivated me and showed me that I live in a do-it-yourself world
me that I live in a do-it-yourself world
me that I live in a do-it-yourself world was just over ten thousand dollars of
was just over ten thousand dollars of
was just over ten thousand dollars of his own money and the bank’s money Cathy
his own money and the bank’s money Cathy
his own money and the bank’s money Cathy opened up his first restaurant in 1946
opened up his first restaurant in 1946
opened up his first restaurant in 1946 today his chick-fil-a restaurant chain
today his chick-fil-a restaurant chain
today his chick-fil-a restaurant chain has over 1500 locations and Cathy’s net
has over 1500 locations and Cathy’s net
has over 1500 locations and Cathy’s net worth is over 1.5 billion dollars making
worth is over 1.5 billion dollars making
worth is over 1.5 billion dollars making him one of the richest people in North
him one of the richest people in North
him one of the richest people in North America
by believing in himself and by working
by believing in himself and by working hard happy became one of the wealthiest
hard happy became one of the wealthiest
hard happy became one of the wealthiest men in North America to help you take
men in North America to help you take
men in North America to help you take your business to new riches here are
your business to new riches here are
your business to new riches here are three action items that you can learn
three action items that you can learn
three action items that you can learn from chillicothe action Adam number one
from chillicothe action Adam number one
from chillicothe action Adam number one lead from the front your business will
lead from the front your business will
lead from the front your business will only be as strong as the people you have
only be as strong as the people you have
only be as strong as the people you have helping you if you want them to perform
helping you if you want them to perform
helping you if you want them to perform and be motivated than you need to be a
and be motivated than you need to be a
and be motivated than you need to be a source of inspiration and lead them
source of inspiration and lead them
source of inspiration and lead them after a particularly rough year in 1974
after a particularly rough year in 1974
after a particularly rough year in 1974 when inflation rates rose unexpectedly
when inflation rates rose unexpectedly
when inflation rates rose unexpectedly chick-fil-a was hit hard in the
chick-fil-a was hit hard in the
chick-fil-a was hit hard in the pocketbook they had to spend more money
pocketbook they had to spend more money
pocketbook they had to spend more money on advertising to track people into the
on advertising to track people into the
on advertising to track people into the restaurants not wanting his operators to
restaurants not wanting his operators to
restaurants not wanting his operators to lose their shirts Cathy decided he would
lose their shirts Cathy decided he would
lose their shirts Cathy decided he would cover the unexpected increase in costs
cover the unexpected increase in costs
cover the unexpected increase in costs he took the hit so they wouldn’t have to
he took the hit so they wouldn’t have to
he took the hit so they wouldn’t have to according to kathy i didn’t take a
according to kathy i didn’t take a
according to kathy i didn’t take a salary that year because i didn’t want
salary that year because i didn’t want
salary that year because i didn’t want our employees to take pay cuts I
our employees to take pay cuts I
our employees to take pay cuts I struggled with this but I was determined
struggled with this but I was determined
struggled with this but I was determined not to lose sleep over it too many CEOs
not to lose sleep over it too many CEOs
not to lose sleep over it too many CEOs are leaving sinking ships they should be
are leaving sinking ships they should be
are leaving sinking ships they should be the last ones to leave the company if
the last ones to leave the company if
the last ones to leave the company if some people are losing money everybody
some people are losing money everybody
some people are losing money everybody should lose money not just the
should lose money not just the
should lose money not just the stockholders action item number to build
stockholders action item number to build
stockholders action item number to build a culture if you’re really clear about
a culture if you’re really clear about
a culture if you’re really clear about the type of company that you want to
the type of company that you want to
the type of company that you want to build and the type of people that you
build and the type of people that you
build and the type of people that you want to hire then it will be much easier
want to hire then it will be much easier
want to hire then it will be much easier to attract people to you who believe in
to attract people to you who believe in
to attract people to you who believe in your vision there’s no right or wrong
your vision there’s no right or wrong
your vision there’s no right or wrong culture but it’s important that you
culture but it’s important that you
culture but it’s important that you build one that people can rally behind
build one that people can rally behind
build one that people can rally behind if you really want to accelerate your
if you really want to accelerate your
if you really want to accelerate your business growth Cathy doesn’t believe
business growth Cathy doesn’t believe
business growth Cathy doesn’t believe that businesses should be open seven
that businesses should be open seven
that businesses should be open seven days per week he built a culture around
days per week he built a culture around
days per week he built a culture around working hard for six days and then
working hard for six days and then
working hard for six days and then having one day off to spend with your
having one day off to spend with your
having one day off to spend with your family and for your spiritual well-being
family and for your spiritual well-being
family and for your spiritual well-being as a result he attracts people who
as a result he attracts people who
as a result he attracts people who believe in that culture and strengthen
believe in that culture and strengthen
believe in that culture and strengthen it according to cathy why do we closed
it according to cathy why do we closed
it according to cathy why do we closed on Sunday well it started back in
on Sunday well it started back in
on Sunday well it started back in nineteen forty six when I opened my
nineteen forty six when I opened my
nineteen forty six when I opened my first restaurant after the first week I
first restaurant after the first week I
first restaurant after the first week I determined that if it took seven days a
determined that if it took seven days a
determined that if it took seven days a week to make a living I should be in
week to make a living I should be in
week to make a living I should be in some other business we find closing on
some other business we find closing on
some other business we find closing on Sunday attracts those people who give
Sunday attracts those people who give
Sunday attracts those people who give attention to spiritual growth and our
attention to spiritual growth and our
attention to spiritual growth and our family oriented the fact that we have
family oriented the fact that we have
family oriented the fact that we have sunday closing helps attract quality
sunday closing helps attract quality
sunday closing helps attract quality employees
action Adam number three keep your
action Adam number three keep your priorities in order as entrepreneurs we
priorities in order as entrepreneurs we
priorities in order as entrepreneurs we often don’t do a great job of managing
often don’t do a great job of managing
often don’t do a great job of managing our lives we work too hard eat bad food
our lives we work too hard eat bad food
our lives we work too hard eat bad food don’t look after our bodies neglect
don’t look after our bodies neglect
don’t look after our bodies neglect those around us all in the name of
those around us all in the name of
those around us all in the name of building our businesses if that’s you it
building our businesses if that’s you it
building our businesses if that’s you it might be time to reconsider where your
might be time to reconsider where your
might be time to reconsider where your priorities are when Kathy with 38 years
priorities are when Kathy with 38 years
priorities are when Kathy with 38 years old who is diagnosed with colon cancer
old who is diagnosed with colon cancer
old who is diagnosed with colon cancer he thought his life as he knew it was
he thought his life as he knew it was
he thought his life as he knew it was over it wasn’t but the experience did
over it wasn’t but the experience did
over it wasn’t but the experience did force Kathy to re-examine his principles
force Kathy to re-examine his principles
force Kathy to re-examine his principles according to kathy i think i’d like to
according to kathy i think i’d like to
according to kathy i think i’d like to be remembered as one who kept my
be remembered as one who kept my
be remembered as one who kept my priorities in the right order we live in
priorities in the right order we live in
priorities in the right order we live in a changing world but we need to be
a changing world but we need to be
a changing world but we need to be reminded that the most important things
reminded that the most important things
reminded that the most important things will not change if we keep our
will not change if we keep our
will not change if we keep our priorities in the proper order
so remember lead from the front build a
so remember lead from the front build a culture and keep your priorities in
culture and keep your priorities in
culture and keep your priorities in order the finish of this video I wanted
order the finish of this video I wanted
order the finish of this video I wanted to share one of my favorite true stories
to share one of my favorite true stories
to share one of my favorite true stories about truett Cathy and some of his
about truett Cathy and some of his
about truett Cathy and some of his basketball as chick-fil-a group Cathy
basketball as chick-fil-a group Cathy
basketball as chick-fil-a group Cathy knew he needed a new tactic to attract
knew he needed a new tactic to attract
knew he needed a new tactic to attract more customers this was one Cathy first
more customers this was one Cathy first
more customers this was one Cathy first introduced advertising hiring a company
introduced advertising hiring a company
introduced advertising hiring a company to give chick-fil-a a public face the
to give chick-fil-a a public face the
to give chick-fil-a a public face the result large billboards showing cows
result large billboards showing cows
result large billboards showing cows that urge people to eat more chicken it
that urge people to eat more chicken it
that urge people to eat more chicken it was a humorous slogan and it worked
thank you for joining me for another
thank you for joining me for another edition of all the Masters I hope you
edition of all the Masters I hope you
edition of all the Masters I hope you enjoyed if you like the video please
enjoyed if you like the video please
enjoyed if you like the video please give it a thumbs up I’d also love to
give it a thumbs up I’d also love to
give it a thumbs up I’d also love to hear your thoughts and comments if you
hear your thoughts and comments if you
hear your thoughts and comments if you want to leave it below and stay tuned
want to leave it below and stay tuned
want to leave it below and stay tuned for the next episode
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