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Commit! – Tom Monaghan success story – Famous Friday


welcome to another famous Friday I

welcome to another famous Friday I believe that whatever goal you have

believe that whatever goal you have

believe that whatever goal you have whatever challenges in front of you

whatever challenges in front of you

whatever challenges in front of you somebody has already solved it and the

somebody has already solved it and the

somebody has already solved it and the best way to accomplish your goal is to

best way to accomplish your goal is to

best way to accomplish your goal is to model the success of people who’ve

model the success of people who’ve

model the success of people who’ve already reached those goals before you

already reached those goals before you

already reached those goals before you so today we’re gonna learn from Tom

so today we’re gonna learn from Tom

so today we’re gonna learn from Tom Monaghan the founder of Domino’s Pizza

Monaghan the founder of Domino’s Pizza

Monaghan the founder of Domino’s Pizza and his lesson is commit now when Tom

and his lesson is commit now when Tom

and his lesson is commit now when Tom Monaghan was growing up he had a lot of

Monaghan was growing up he had a lot of

Monaghan was growing up he had a lot of commitment issues when he was 4 years

commitment issues when he was 4 years

commitment issues when he was 4 years old his father died on Christmas Eve and

old his father died on Christmas Eve and

old his father died on Christmas Eve and his mother felt like she couldn’t

his mother felt like she couldn’t

his mother felt like she couldn’t support him she couldn’t have kids she

support him she couldn’t have kids she

support him she couldn’t have kids she couldn’t handle the stress and all the

couldn’t handle the stress and all the

couldn’t handle the stress and all the work involved so she gave him up for

work involved so she gave him up for

work involved so she gave him up for adoption and he bounced from orphanage

adoption and he bounced from orphanage

adoption and he bounced from orphanage to orphanage to foster home to foster

to orphanage to foster home to foster

to orphanage to foster home to foster home never was able to really commit to

home never was able to really commit to

home never was able to really commit to a family nobody committed back to him

a family nobody committed back to him

a family nobody committed back to him when he was in high school his freshman

when he was in high school his freshman

when he was in high school his freshman year he couldn’t commit to high school

year he couldn’t commit to high school

year he couldn’t commit to high school and he said you know what I don’t think

and he said you know what I don’t think

and he said you know what I don’t think this is for me I’m gonna go become a

this is for me I’m gonna go become a

this is for me I’m gonna go become a priest and so we joined the seminary

priest and so we joined the seminary

priest and so we joined the seminary school but he couldn’t commit to that

school but he couldn’t commit to that

school but he couldn’t commit to that either and he got expelled after a year

either and he got expelled after a year

either and he got expelled after a year so went back to high school and he

so went back to high school and he

so went back to high school and he finished and they got his degree but he

finished and they got his degree but he

finished and they got his degree but he didn’t really commit to it he that there

didn’t really commit to it he that there

didn’t really commit to it he that there were 44 people in his graduating class

were 44 people in his graduating class

were 44 people in his graduating class and he finished 44th of everybody on his

and he finished 44th of everybody on his

and he finished 44th of everybody on his yearbook under his picture he wrote

yearbook under his picture he wrote

yearbook under his picture he wrote there harder I try to be good the worst

there harder I try to be good the worst

there harder I try to be good the worst I get but I may do something sensational

I get but I may do something sensational

I get but I may do something sensational yet I love that because it’s got a

yet I love that because it’s got a

yet I love that because it’s got a little believed in at that right even

little believed in at that right even

little believed in at that right even though he’s sucked and failed and

though he’s sucked and failed and

though he’s sucked and failed and couldn’t commit to anything yet he still

couldn’t commit to anything yet he still

couldn’t commit to anything yet he still believed that something sensational is

believed that something sensational is

believed that something sensational is about to happen so he graduated from

about to happen so he graduated from

about to happen so he graduated from school and he thought about going to

school and he thought about going to

school and he thought about going to university instead he didn’t commit to

university instead he didn’t commit to

university instead he didn’t commit to that he joined the Marine Corps and he

that he joined the Marine Corps and he

that he joined the Marine Corps and he saved up a little bit of money to start

saved up a little bit of money to start

saved up a little bit of money to start a business and he bought this business

a business and he bought this business

a business and he bought this business off the snake oil salesman that that

off the snake oil salesman that that

off the snake oil salesman that that went under it was the guy just basically

went under it was the guy just basically

went under it was the guy just basically stole his money and he ended up being

stole his money and he ended up being

stole his money and he ended up being broke having $15 to his name being in

broke having $15 to his name being in

broke having $15 to his name being in San Diego and having to hitchhike dock

San Diego and having to hitchhike dock

San Diego and having to hitchhike dock to his home in Ann Arbor Michigan that’s

to his home in Ann Arbor Michigan that’s

to his home in Ann Arbor Michigan that’s where things started to change for him

where things started to change for him

where things started to change for him he went back home he met his brother and

he went back home he met his brother and

he went back home he met his brother and he decided to get into the pizza

he decided to get into the pizza

he decided to get into the pizza business right just another thing the

business right just another thing the

business right just another thing the truck is that’s that’s been the story of

truck is that’s that’s been the story of

truck is that’s that’s been the story of his life bouncing one thing to another

his life bouncing one thing to another

his life bouncing one thing to another thing to another thing to another thing

thing to another thing to another thing

thing to another thing to another thing and never fully committing so they

and never fully committing so they

and never fully committing so they started pizza business they borrowed

started pizza business they borrowed

started pizza business they borrowed $900 together they buy a failing pizza

$900 together they buy a failing pizza

$900 together they buy a failing pizza business and they decide to take it over

business and they decide to take it over

business and they decide to take it over and for the first time in his life Tom

and for the first time in his life Tom

and for the first time in his life Tom Monaghan really applies himself he’s

Monaghan really applies himself he’s

Monaghan really applies himself he’s working 100-hour weeks to get this

working 100-hour weeks to get this

working 100-hour weeks to get this business off the ground he’s killing

business off the ground he’s killing

business off the ground he’s killing himself he’s committing he’s really

himself he’s committing he’s really

himself he’s committing he’s really putting everything he’s got into this

putting everything he’s got into this

putting everything he’s got into this business but it’s not taking off and you

business but it’s not taking off and you

business but it’s not taking off and you know you know as an entrepreneur when

know you know as an entrepreneur when

know you know as an entrepreneur when you’re starting up a company you’re full

you’re starting up a company you’re full

you’re starting up a company you’re full of excitement you’re full of energy

of excitement you’re full of energy

of excitement you’re full of energy you’re so pumped for how great

you’re so pumped for how great

you’re so pumped for how great everything’s gonna be and then the wall

everything’s gonna be and then the wall

everything’s gonna be and then the wall hits you right when you realize it’s

hits you right when you realize it’s

hits you right when you realize it’s gonna be way harder than you thought it

gonna be way harder than you thought it

gonna be way harder than you thought it was gonna be and six months in working

was gonna be and six months in working

was gonna be and six months in working 1800 hour weeks his brother tells him I

1800 hour weeks his brother tells him I

1800 hour weeks his brother tells him I can’t do this anymore

can’t do this anymore

can’t do this anymore this is way too much work we’re not

this is way too much work we’re not

this is way too much work we’re not making enough money I’m gonna I’m gonna

making enough money I’m gonna I’m gonna

making enough money I’m gonna I’m gonna move on I’m gonna do something else and

move on I’m gonna do something else and

move on I’m gonna do something else and this was the turning point in Tom wanna

this was the turning point in Tom wanna

this was the turning point in Tom wanna ins life because it would have been so

ins life because it would have been so

ins life because it would have been so easy for him to say yeah you know what

easy for him to say yeah you know what

easy for him to say yeah you know what you’re right I’m gonna do something else

you’re right I’m gonna do something else

you’re right I’m gonna do something else too this isn’t working and just bounced

too this isn’t working and just bounced

too this isn’t working and just bounced another thing because that’s all he did

another thing because that’s all he did

another thing because that’s all he did his whole life is bounced to another

his whole life is bounced to another

his whole life is bounced to another thing instead Tom Monaghan for the first

thing instead Tom Monaghan for the first

thing instead Tom Monaghan for the first time decided that he was going to really

time decided that he was going to really

time decided that he was going to really commit himself to something and he gave

commit himself to something and he gave

commit himself to something and he gave up the only thing the only thing he had

up the only thing the only thing he had

up the only thing the only thing he had a value the only asset he had was his

a value the only asset he had was his

a value the only asset he had was his Volkswagen Beetle and he traded his only

Volkswagen Beetle and he traded his only

Volkswagen Beetle and he traded his only asset that car to his brother in

asset that car to his brother in

asset that car to his brother in exchange for this brothers shares in the

exchange for this brothers shares in the

exchange for this brothers shares in the business so he would own 100% of the

business so he would own 100% of the

business so he would own 100% of the company and in doing that he said I made

company and in doing that he said I made

company and in doing that he said I made the decision to commit myself heart and

the decision to commit myself heart and

the decision to commit myself heart and soul to being a pizza man my purpose was

soul to being a pizza man my purpose was

soul to being a pizza man my purpose was clear and the knowledge that the future

clear and the knowledge that the future

clear and the knowledge that the future success or failure of the business

success or failure of the business

success or failure of the business rested on my shoulders alone was welcome

rested on my shoulders alone was welcome

rested on my shoulders alone was welcome so finally he committed himself to

so finally he committed himself to

so finally he committed himself to something and that’s when the business

something and that’s when the business

something and that’s when the business started to take off he turned his 1

started to take off he turned his 1

started to take off he turned his 1 location around he started franchising

location around he started franchising

location around he started franchising opening up more locations and eventually

opening up more locations and eventually

opening up more locations and eventually built a brand name that people know that

built a brand name that people know that

built a brand name that people know that is across the

is across the

is across the he had every excuse in the world not to

he had every excuse in the world not to

he had every excuse in the world not to do it right you think as entrepreneurs

do it right you think as entrepreneurs

do it right you think as entrepreneurs we come with all of excuses not to take

we come with all of excuses not to take

we come with all of excuses not to take action and he had a lot of them right oh

action and he had a lot of them right oh

action and he had a lot of them right oh I didn’t have a family that supports me

I didn’t have a family that supports me

I didn’t have a family that supports me I didn’t have a father figure in my life

I didn’t have a father figure in my life

I didn’t have a father figure in my life I bounced around from from family to

I bounced around from from family to

I bounced around from from family to family orphanage to orphanage I didn’t

family orphanage to orphanage I didn’t

family orphanage to orphanage I didn’t really get a great education I was a

really get a great education I was a

really get a great education I was a last in my class in high school I never

last in my class in high school I never

last in my class in high school I never went to university I didn’t have a lot

went to university I didn’t have a lot

went to university I didn’t have a lot of money

of money

of money I put whatever money I had into a

I put whatever money I had into a

I put whatever money I had into a business and didn’t work out right all

business and didn’t work out right all

business and didn’t work out right all the excuses in the world not to be

the excuses in the world not to be

the excuses in the world not to be successful as an entrepreneur and yet he

successful as an entrepreneur and yet he

successful as an entrepreneur and yet he plowed through am i committing himself

plowed through am i committing himself

plowed through am i committing himself built an empire so look at yourself in

built an empire so look at yourself in

built an empire so look at yourself in the mirror look at the excuses you’re

the mirror look at the excuses you’re

the mirror look at the excuses you’re telling yourself for not taking action

telling yourself for not taking action

telling yourself for not taking action for not getting started you’re not

for not getting started you’re not

for not getting started you’re not really fully committing yourself to your

really fully committing yourself to your

really fully committing yourself to your business and you can decide to take that

business and you can decide to take that

business and you can decide to take that step then you too could be on your path

step then you too could be on your path

step then you too could be on your path to building your empire believe you guys

to building your empire believe you guys

to building your empire believe you guys like this video you want to see more

like this video you want to see more

like this video you want to see more subscribe to the channel thank you so

subscribe to the channel thank you so

subscribe to the channel thank you so much for watching I’ll see you soon

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I want to say Evan Carmichael’s

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