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Apr 27, 2021 · Learn how two brothers, Tom and Jim Monaghan, started Domino's with a single pizza shop in Michigan and built it into a global empire. Discover their humble beginnings, their struggles, and their eventual split.
james monaghan | Pizza Hall of Fame | Celebrating America's oldest and most popular pizzerias! 12. May. Domino’s Pizza. James Monaghan sold his share in DomiNick’s—precursor to the world’s second-largest pizza chain—to brother Tom for a Volkswagen Beetle.
James Monaghan sold his share in DomiNick's to his brother Tom for a Volkswagen Beetle in 1960. Tom renamed the business Domino's and became one of the world's most successful pizza entrepreneurs.
- His Brother Sold His 50% Share in Domino's For A Used 1959 VW Beetle
- He Threatened Pizza Thieves with A Meat Tenderizer and Fisticuffs
- He Met His Future Wife on His First Pizza Delivery
- He Was Swindled...Repeatedly
- He's Obsessed with Frank Lloyd Wright
- How He Invented The 30-Minutes-Or-Less Promise
- His Best Employees Are Known as Dominoids
- He Maintains A Serious Diet, and Badgers Others to Lose Weight
- He Bought The Detroit Tigers at Just The Right Time
- He's A Doctor of Pizzerology
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About eight months after taking over an ailing pizza restaurant, Jim Monaghan wanted out. He owned 50% of the business (which today rakes in over $10 billion annually), and cashed out by taking the beat-up '59 Volkswagen Beetle the brothers had bought as a delivery car.
Throughout the book, Monaghan recounts stories of violence related to pizza. It seems like he had a bit of a temper. This passage, from page 97 of the paperback edition, gives you an idea (emphasis added): Directly after the quote above, Monaghan describes how he beat up an employee whom he had just fired. Fortunately, the charges were dropped.
Fourteen months after getting into the pizza business, Monaghan made his first delivery from a new store he'd set up in Mount Pleasant, Michigan. The order was to a dormitory at Central Michigan University. When Monaghan arrived, the woman working at the reception desk, Margie, caught his eye. Monaghan wrote (page 11): They were married the followi...
Throughout the early days of Monaghan's business dealings, he was taken in by a series of business partners who effectively stole his money. The most notable was a would-be oil tycoon, who convinced Monaghan to give him his entire savings (several thousand dollars) to drill an oil well...and then disappeared. What's more, Monaghan built up those sa...
Throughout his book, Monaghan discusses his lifelong interest (I say obsession) with the work of architect Frank Lloyd Wright. For instance, on page 7 he casually drops FLW's name in this odd paragraph: He wrote extensively about his desire to build a Frank Lloyd Wright-designed tower as the centerpiece of a new headquarters for Domino's Pizza. On ...
Initially, Domino's did not offer its famous promise to deliver your pizza within 30 minutes of ordering, or it was free. This idea only came about after years of Monaghan tweaking his business practices—shaving seconds off of the time needed to make each pizza, streamlining the product line (to reduce the number of ingredients and variables), desi...
Monaghan presaged The Noidin his 1986 book when he wrote (emphasis added): This was published in 1986, the same year the "The Noid" became the official Domino's mascot. Coincidence? I think not.
Monaghan detailed his personal diet regimen on page 15 of Pizza Tiger: He then proceeded to explain that "...over the years I've harassed some of my employees and franchisees to lose weight," and then explained how he convinced franchisee Dick Mueller to lose 100 pounds in exchange for a $50,000 bonus. (After an initial diet failure, it finally hap...
In 1983, Monaghan bought the Detroit Tigers. The next year, they won the World Series (!). Monaghan sold the Tigers in 1992 to Mike Ilitch, cofounder of Little Caesars. It's good to keep the team in the pizza family!
In 1973, Monaghan pushed for a thorough corporate training program that would enable Domino's managers to learn the business at a deep level. Calling the program "Domino's College of Pizzerology," as of 1986 only Monaghan, the aforementioned Dick Mueller, and Jim Tilly held the "Doctor of Pizzerology" degree, though Monaghan writes that "about 20 i...
Learn about the life and business of Tom Monaghan, who co-founded Domino's Pizza with his brother Jim in 1960. Discover how he built a pizza empire, met his wife, faced challenges, and pursued his passions.
Story by Noah Smith • 5d. I n 1960, two brothers, Tom and James Monaghan, embarked on a culinary venture that would redefine the fast-food industry and introduce a new player to the world of...
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In 1960, Tom Monaghan and his brother, James, took over the operation of DomiNick's, an existing location of a small pizza restaurant chain that had been owned by Dominick DeVarti, at 507 Cross Street (now 301 West Cross Street) in Ypsilanti, Michigan, near Eastern Michigan University.
Mar 28, 2021 · Learn how two brothers who grew up in an orphanage started Domino's Pizza in 1960 and became billionaires. Find out what happened to James Monaghan, who sold his stake for a used car, and Tom Monaghan, who owned the Detroit Tigers.
