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Subway Restaurants : A poor kid who started with a borrowed $1000 and built a billion dollar restaurant empire

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At the age of  17, Fred used a family friend’s $1,000 investment to open a sandwich shop in Bridgeport, Connecticut.

Today, Subway has more than 40,000 locations worldwide and Fred is a billionaire.

What you could learn from this episode:

  • What he did to pay for college.
  • How he met his mentor and got the idea for Subway.
  • How he learned things as he went along.
  • What he did, when his business was failing.
  • How he maintained good relationships and how it helped him later.
  • The one secret for opening more stores.
  • How he figured out how many stores to open.

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“How They Made Their Millions” Podcast