『The Empire Builders Podcast』のカバーアート

The Empire Builders Podcast

The Empire Builders Podcast

著者: Stephen Semple and David Young
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概要

Reverse engineering the success of established business empires.The Empire Builders Podcast マネジメント マネジメント・リーダーシップ マーケティング マーケティング・セールス リーダーシップ 経済学
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  • #247: He-Man – I Have The Power
    2026/03/11
    After Mattel took a loss on the Clash of the Titans toys the almost did it again with Conan the Barbarian. Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not so secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I’m Stephen’s sidekick and business partner, Dave Young. Before we get into today’s episode, a word from our sponsor, which is, well, it’s us, but we’re highlighting ads we’ve written and produced for our clients. So here’s one of those. [Handyside Ad] Dave Young: Welcome back to the Empire Builders Podcast, Dave Young here alongside Steven Semple, and we’re talking about empires, empires. And Steven whispered the subject of today’s empire in my ear, and I would’ve been hard-pressed to call it an empire because I don’t know all that much about it. But I think again, it’s cartoon property that happened after I was pretty much done watching cartoons. He-Man, right? As in He-Man and the Masters of the Universe, that He-Man? Stephen Semple: That He-Man. Dave Young: Okay. Stephen Semple: That He-Man. When you think about it, it’s toys. There’s been movies. There’s the cartoon. It’s pretty huge. Dave Young: Yeah. Okay. I’m anxious to hear about it. Stephen Semple: Yeah. Dave Young: And is he the one that’s become kind of a meme, too? Like, there’s He-Man meme? Stephen Semple: Oh, sure. Oh, look, there’s a meme for everything today. So it’s really a story of lost opportunities, but at the same time, sort of seeing changes in the marketplace and doing some really interesting things because in 1975, The Six Million Dollar Man really changes action figures. Dave Young: Sure. Stephen Semple: Because to make an action figure, you’re only licensing from others, and it was product-orientated rather than brand-driven, and along came The Six Million Dollar Man, and it was a guy. Right? Dave Young: I mean, we were all running around going… Stephen Semple: Yeah. Yeah. Yeah. Dave Young: Pretend we could see, and hear, and lift things. Stephen Semple: Yeah. And along that time, out was coming the movie, The Clash of the Titans. And so there was this whole thing of, okay, let’s create action figures around Clash of the Titans. And the movie did poorly. And so the toys did poorly. And Mattel had been involved in that. And this shaped Mattel’s thinking because when Star Wars came along, Ray Wagner at Mattel passed on it because of his experience with Clash of the Titans. It’s like, “Well, we’re not doing this.” Dave Young: Wow, okay. Stephen Semple: Because again, they wanted to create the toy, right? The Star Wars they wanted to create the toys before the movie came out. So another movie comes along, Conan the Barbarian. Dave Young: Sure. Yeah. Stephen Semple: Right? And Mattel is like, “All right, we’re going to get all over this.” And they end up buying the license for Conan. They made samples, and they had all these expenses, and then Mattel discovers Conan the Barbarian is an R-rated movie. Dave Young: Yeah. No kids are going to see it. Stephen Semple: Can’t do it as a toy. Dave Young: Oh, no. Stephen Semple: But at the same time, they sort of started looking at all of these action figures that are out there, and all of the male figures are kind of wimpy. And they had started down this exploration of making a Conan the Barbarian style action figure. So they thought, why don’t we do this massive figure? And they first did these ones called Tankhead, and Bullet Head, and H-Man. And they wanted them to be comic book-like and bring action to the figure and how they stand. And they were making them bulkier and create this visual shelf presence and over-the-top muscles, all these ideas that they had drawn from Conan the Barbarian. Dave Young: All right. Stephen Semple: And what they also noticed is that when kids play with things, they want to have the power to do what they want to do. Dave Young: Absolutely. Stephen Semple: Which is where the line, “I have the power,” came from. Dave Young: Okay. Stephen Semple: Where Conan holds up the sword, and he says, “Oh, I have the power.” Right? That whole idea came from watching kids play with toys. And in fact, a lot of the ideas that ...
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    13 分
  • #246: Firestone & Goodyear – Innovation By Competition
    2026/03/04
    Two start-ups a couple of years apart became the inspiration for each other to get better and better and better. Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from Mom-and-Pop to major brands. Stephen Semple is a marketing consultant, story collector and storyteller. I’m Steven’s sidekick and business partner, Dave Young. Before we get into today’s episode, a word from our sponsor, which is, well, it’s us. But we’re highlighting ads we’ve written and produced for our clients, so here’s one of those. [AirVantage Heating & Cooling Ad] Dave Young: Welcome back to the … Wait, what? Gosh, you told me the title, and I have some thoughts, and I forgot the name of the podcast there for a second. Welcome back to the Empire Builders Podcast. Stephen Semple: We’re doing two together here, Dave, Firestone and Goodyear. Dave Young: Stephen Semple’s over there. I’m Dave Young. And this morning we’re talking about Goodyear and Firestone, both? Stephen Semple: Yes, together. Dave Young: Because it’s kind of one thing now, right? Stephen Semple: No, they are separate. Dave Young: Was it? Stephen Semple: They’re separate. Dave Young: No, they’re separate. Stephen Semple: The story is so intertwined between the two of them. I couldn’t figure out a way to break it. But it’s almost kind of like when we did Hertz Avis, like they’re so interlinked. Dave Young: Yeah, yeah, yeah. Stephen Semple: Yeah. So we’re doing it as a single podcast, the two of them. Dave Young: All right. Where do we start? Stephen Semple: Well, what’s interesting is they were both started within two years of each other, both in Akron, Ohio. So Goodyear was founded on August 28th, 1898 in Akron, Ohio by Frank Seiberling. And today they’re the third-largest tire maker in the world with about 18 billion in sales. And Firestone was founded in August, two years later by Harvey Firestone in Akron, Ohio. And in 1988, Firestone was purchased by Bridgestone for $2.6 billion. Dave Young: That’s the one. That’s the one I was [inaudible 00:02:51] yeah. Stephen Semple: Yeah, and Bridgestone today is number two behind Michelin with Goodyear being number three. So both really, really big, really big companies. Dave Young: And in 18 when? Stephen Semple: So 1898 was Goodyear, and 1900 was Firestone. Dave Young: And this is before, this is before mass production of automobiles. Stephen Semple: Yes. Yes. Because if you go back to Episode 35 where we talk about Ford, 1908 is the Model T. So it’s pre-model T. Dave Young: Yeah. So which came first, the tire or the car? Stephen Semple: Well, because there were tires on carriages. Dave Young: No, that’s true. All right. Stephen Semple: And today Michelin is the largest in the world. So if you want to learn about Michelin, go back to Episode 27, because it’s also really interesting how Michelin grew their business. But so we’re dealing with Goodyear and Firestone. Dave Young: All right. So Goodyear- Stephen Semple: And if you think about it, you’re right. Most of the transportation at this time when these companies started were either horse-and-carriage or bicycles. That’s what basically people were using. And Harvey Firestone, he grew up on a farm and went to a business school and was a carriage salesman in Detroit. And at this time, the use of natural rubber is expanding due to vulcanization being created. Because before vulcanization, natural rubber was not very durable. It would crack and all these other things. And carriage wheels were basically a wood wheel with a metal rim around it, no give, a hard ride. Dave Young: Right. Yeah, yeah. I mean, even a rim made of rubber would be better than a rim made of steel. Stephen Semple: Right. So basically he’s a carriage salesman. What he realizes is that what we should do is we should put rubber, instead of steel around the wheel, and that would make a smoother ride. So he leaves Detroit, moves to Akron, Ohio, because Akron, Ohio at the time is the center of the rubber industry. Dave Young: Okay. Why is that? Stephen Semple: I think it had to do with just the fact there was a couple of companies that sprung up in the area. There was the resources in terms of water and a few things along that lines. Dave Young: And the rubber ...
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    22 分
  • #245: Gymboree – A 1.8 Billion Dollar Empire
    2026/02/26
    Joan Barnes wanted to meet new moms and that was the inspiration for a place for moms to hang out with other moms. Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I’m Stephen’s sidekick and business partner, Dave Young. Before we get into today’s episode, a word from our sponsor, which is… Well, it’s us, but we’re highlighting ads we’ve written and produced for our clients. Here’s one of those. [Tommy Cool Plumbing, Cooling & Heating Ad] Dave Young: Welcome back to the Empire Builders Podcast, Dave Young here with Stephen Semple, and we’re talking about empires. Stephen just whispered the name of the topic into my headphones, and I recognize it, but I don’t recognize it. I don’t have any direct experience with this other than when I was a little kid watching Romper Room, but I don’t think it’s the same thing. The topic is Gymboree, but it sounds like it’s probably related, but I doubt that it is. Stephen Semple: Gymboree is not big any longer. There’s a bit of a sad story on that. Dave Young: It was a place though, wasn’t it? Stephen Semple: Right, it was, and it was huge at one point. It was part of the culture and it was mentioned in movies. It was a really, really big deal at one point. Dave Young: Yeah, here’s the issue. Here’s why I don’t remember it. I didn’t grow up in a place. It wasn’t the kind of place it would have a thing. I think I told you I drove 100 miles on our first date to go to Starbucks at a Barnes and Noble. Stephen Semple: It wasn’t even a real Starbucks. Dave Young: No, it wasn’t even a standalone Starbucks. Stephen Semple: Well, to give you an idea how big it got in 2010, Bain bought the company for $1.8 billion, 1.8 billion, and seven years later it went bankrupt. Dave Young: Oh, boy. That’s a bigger story than Gymboree if we wanted to go there. But let’s go go with building the empire. Stephen Semple: Let’s go with the building of the empire. Dave Young: How many buyout people does it take to ruin a company? Not many. Stephen Semple: But here’s the thing that’s interesting about this story. We often talk about this whole idea of unleveraged assets, and unleveraged assets becomes a very, very big part of this story. It’s very, very cool. The business was founded by Joan Barnes in 1976. She grew up outside of Chicago, studied dance and English in college, and got married. They moved to the West Coast. She’s this new mom in this new area looking for connections, and she started to host these get togethers with parents and kids at a local Jewish center. Joe Barnes, her husband, was a journalist. This journalist background becomes important a little bit later. As I mentioned, they grew up outside of Chicago and they picked up and moved and landed in San Francisco, where he got a job. And then they moved out to a suburb in 1973. She was basically lonely. 1973 was actually one of the lowest birth years in a long time, and so she was looking for people who had kids. Both of their families, both her family and his family, were back on the East Coast, and so she wanted to meet other moms. At this point, this whole idea of play groups didn’t exist. It was this new idea. And so she was in this dance company and had a friend in the company, and this friend had been offered a job to run activities for kids in a local community center. She was nervous to do it. Joan suggests, “Why don’t we share this idea?” And so it was a preschool after school programs. Joan went to a local YMCA that had this gym that they had set up called Kindergym, and she went and she checked it out. Everything there was this full-sized gym equipment and they modified how it was being used, but it was like full sized trampolines and full sized this and full sized that. As soon as she saw it, she had this vision of what it could be. Dave Young: I mean, there’s nothing funnier than a five-year-old on the uneven bars. Stephen Semple: Yeah, there you go. Dave Young: I’m just saying. But go ahead. Stephen Semple: So she had this vision: scale down the equipment, make it colorful, ...
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    23 分
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