The Empire Builders Podcast

著者： Stephen Semple and David Young
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  • Reverse engineering the success of established business empires.
    The Empire Builders Podcast
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Reverse engineering the success of established business empires.
The Empire Builders Podcast
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  • #204: Levis – Did NOT Invent Denim

    #204: Levis – Did NOT Invent Denim
    2025/05/07
    Levi help Jacob patent the famous rivet on the Levis jeans that make the pockets so durable. That is how Levis starts to build the empire. 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 Simple 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. [OG Law Ad] Dave Young: Welcome to the Empire Builders Podcast, Dave Young, here alongside Stephen Semple. We're talking about empires, we're talking about things that people built, businesses, and you know what I mean, empires. Stephen Semple: That sort of thing. Dave Young: What don't you get about empires? Come on. Boy, the one you just whispered in my ear as the countdown started, I know a little bit about it just because it's like a classic business lesson. Right? Stephen Semple: Yeah. Dave Young: If you're going to follow the gold rush, man, don't dig for gold, sell to miners. Stephen Semple: Yeah. Oh yeah. Yeah. Big time. Dave Young: You said it's going to be Levi's, so I assume Levi Strauss and Company. Stephen Semple: Yep. Dave Young: This is the guy that started the little store to sell to the miners out in California. Stephen Semple: Yeah. We're going way back because Levi Strauss was founded May 1, 1853. So we're going way back. Today, it's trades on the stock exchange under L-E-V-I, Levi. They've got 3,400 company operated stores. They do like 6 billion in sales and almost 19,000 employees. It is the best selling five pocket gene out there. Dave Young: I don't even think about them as having stores for some reason. That must be outlet mall kind of things. Stephen Semple: Yeah, I think that's primarily what they are because, again, I was the same. I looked, I went 3,400 stores, boy. It's one of those ones you just don't think about it. Dave Young: Yeah. In high school, man, if you weren't wearing Levi, button-up five-pocket jeans, you weren't cool at all unless you had the Jordache back in the day designer jeans. Stephen Semple: There you go. Dave Young: You either go standard Levi's or full designer. God help if your mom bought you Lee. Stephen Semple: Yeah. Dave Young: Or some off-brand from Sears. Stephen Semple: Yep. Oh yeah. Then it was going to be a rough week at school. Dave Young: Well, take us back to 1853. Stephen Semple: The other thing that's interesting is they hold the original patent for the rivet in the jeans. They actually hold the original patent for that. Dave Young: Okay. Stephen Semple: You know the little rivet that you see in the jeans? Dave Young: Yeah. Stephen Semple: That's their original patent. Dave Young: Well, that's cool. Stephen Semple: Yeah. Now, jeans were not invented by Levi, so that's often a misconception. The company was started by Levi Strauss, and Levi was a Bavarian immigrant. He actually first had a business doing dry goods in New York City. He built that business basically selling these dry goods door-to-door. Dave Young: Okay. Stephen Semple: As you were talking about, Dave, he hears about this thing called the Gold Rush in California. The boom is amazing. I knew it was a boom, but I didn't realize this. In the two years from 1849 to 1850, the population in San Francisco grew from 1,000 people to 25,000 people in two years. Dave Young: I know the Oregon Trail, but man. Stephen Semple: That is just mind blowing. Dave Young: I think a fair number of them actually sailed around South America. Stephen Semple: When people talk about it being a boom and a rush,
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    21 分
  • #203: Parker Brothers – Their Monopoly Story

    #203: Parker Brothers – Their Monopoly Story
    2025/04/30
    Making games better and getting them into the world seems like the thing to do when your dad passes and you need money. Sounds like Monopoly. 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. [Tapper's Jewelry Ad] Dave Young: Welcome back to The Empire Builders Podcast. I'm Dave Young, and I'm here with Stephen Semple, who's been researching yet another empire for us to dissect and discuss. And today it's Parker Brothers, the game mogul. Were these guys on Game Row? Didn't we talk about it in another episode, the inventor of a game that was like he was over there in the part of town where all the games come from? I'm assuming. Stephen Semple: No, this kind of predates that. This sort of predates that. We're going way back. Dave Young: I mean, Parker Brothers, I know the name and I'm trying to even think of a game that's Parker Brothers. Parker Brothers. Who are these guys? Stephen Semple: We're going way back. The business was started by George Parker when he was 16 years old back in 1883. Dave Young: See, I was thinking you were going to go back farther than that. Stephen Semple: Really? Dave Young: These guys invented the stick. But 1883, that's okay. 1883 or 18... Stephen Semple: 1883. Dave Young: 1883. Okay. Stephen Semple: Yeah, so we're going back a little bit here, going back here a little bit. And one of the things that was happening around that time, because we're talking about the early stages of the Industrial Revolution, and one of the things that was being created was the eight-hour workday, which actually started to build leisure time for people. Dave Young: Because before that, the work day was waking hours. Wasn't it? It was just like... Stephen Semple: Basically. Pretty much. Yeah, pretty much. And so board games had started to come out, but most board games at that time were developed with an agenda. They were dealing with the moral decline of America is what a lot of them were. And they weren't really all that interesting or fun. And basically, George Parker was the youngest of two older brothers, and his father was a successful merchant, but had passed away and he had to find a way to make money. And what he noticed was at this time, capitalism was really changing. It was becoming actually acceptable. So for example, in 1840, there were 60 millionaires in the United States. By 1880, there were 1,000. Dave Young: Wow! Stephen Semple: Wealth was exploding, and people were actually able to imagine being wealthy. It was not just the aristocracy. There were actually regular people breaking through. And the first game he creates is a game called Banking. Dave Young: Banking. I'm pretty sure he didn't invent banking. Stephen Semple: But he invented a game game called Banking. And it's rejected by several publishers, but he spends his life savings, prints 500 copies, takes a month off school to go and sell it. He does sell all the sets for a profit of 80 bucks, but it was a lot of work, but gives him kind of a taste of success. And this is in the era of tycoons, and they were being admired. And Parker wanted to create an idea that taps into this. Dave Young: The Vanderbilts and all the... Stephen Semple: Yeah, the Carnegies and all of that stuff. And he didn't like business, so he convinced his brother Charles to join, and they formed Parker Brothers. So basically, Charles is going to manage the business, and George is going to create the games.
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    16 分
  • #202: Sour Patch Kids – Gummy Bears Meet Cabbage Patch Kids

    #202: Sour Patch Kids – Gummy Bears Meet Cabbage Patch Kids
    2025/04/23
    Sour Patch Kids were the result of paying attention to the industry and the wants and delights of the world at large. And delivering what the people wanted. 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. [Waulkie Feet Ad] Dave Young: Welcome to Empire Builders Podcast. Dave Young here, along with Stephen Semple. All Stephen told me for this episode is that he's excited about doing it because it's got a Canadian tie-in, but he didn't whisper the name of the company or anything into my ear as we counted down. Stephen Semple: I forgot to. Dave Young: Yeah. Stephen Semple: Oh, I forgot to. Dave Young: He just stood there looking at me. Stephen Semple: I'll tell you now, Sour Patch Kids. You know the candy? Dave Young: Sour Patch Kids. Oh, gosh. Are they the origin of all the little sour candies that are out now? Stephen Semple: It's always hard to say if they're the exact origin, but they were certainly one of the first ones that went big, for sure. Dave Young: And the candy was after most of my candy-eating days. So let's dive in. Stephen Semple: So you're trying to tell me you eat no candy now? None? Dave Young: Well, that's what the doctor says should be happening. But as a child, I'm just too old to devour a lot of Sour Patch Kids, I think. Tell me when this started. Stephen Semple: So the Sour Patch Kids started basically in the early 1970s, is kind of when they came out. It was a Canadian company, but the other thing is it didn't, first of all, start as Sour Patch Kids. It was actually first called Mars Men. And in 1985, they renamed it Sour Patch. Dave Young: Okay. I was adulting by then. Where did this start? Wait, Mars Men? Stephen Semple: Mars Men. Dave Young: Yeah, that's not a good name. Stephen Semple: No. So today, it's part of a big conglomerate, it's part of the Mondelēz Group, and it's estimated that there's about $248 million worth of Sour Patch Kids sold every year. So that's a lot of little kids. And it was started by a little Canadian company. There was a guy by the name of Frank Galatolie who was working at Jaret International, and he was admiring the American candy revolution, and he was the sales and marketing manager for Jaret. And what Jaret did was they were an importer of food that foreign transplants would like. So they would go out and they would find some sort of food that people from India would like and bring it in or from Poland and they would bring it in. So basically, they really specialized in this whole idea of finding foods that foreign transplants would like. Dave Young: Interesting. I like that idea. Stephen Semple: And he wanted to do a twist on gummy candy. So in 1920, Hans Riegel, in Germany, made the first gummy, and that was like a gummy bear. And they were really popular in Europe, but they weren't super popular here. And he didn't want to do a traditional sweet candy, and Halloween was really growing candy, and candy could now be found in different places, and all of this other stuff going on. And he also started to notice that there was an emergence of a different type of candy, like the Atomic Fireball came out and sour Lemonheads came out. So he was noticing that there was this desire for stuff that was not just sweet, and they were really the first to do this whole idea of sour and sweet. So they combined two acids, so it would be super sour and that super sour would drop off and then would come back as being sweet.
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    16 分

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