![]() ![]() They pooled their money together, including a $500 down payment, and in 1960, they took over DomiNick’s, named after the owner, Dominick DeVarti. It’s also a fact, though, that I got kicked out of the seminary.”ĭespite these setbacks, Tom honed a dedicated work ethic over the years, which came in handy when James overheard that a pizza shop in Ypsilanti, Michigan, was for sale. As Tom recounted in Pizza Tiger, “I grew up in a Catholic orphanage, and for a short time I attended a seminary, with every intention of becoming a priest. The brothers spent part of their childhoods in foster homes and orphanages after their father died when Tom was only four-years-old. The Domino’s story begins with Tom Monaghan and his brother James. Doing so allowed the company to make one of the most impressive comebacks in recent history, helping it rise to the top as one of the world’s most successful pizza chains. They pulled away from their self-destructive ways and were saved from the brink of complete failure.ĭomino’s is one of the greatest examples of a business that switched from playing a finite to infinite game. Yet, some businesses manage to stave off their own demise. For the Infinite Game is still going and there is still much work to be done.” Companies that don’t adopt this mindset find themselves like the organizations above: nothing but relics of the past. As leadership expert Simon Sinek explains in The Infinite Game, “ It is important to celebrate our victories, but we cannot linger on them. These companies closed for various reasons, but the one common thread they all share is that they started valuing short-term wins over long-term vision. Today, however, they serve as case studies for how to avoid winning and losing it all. Woolworth, Compaq, and Borders were at one time the types of businesses other organizations looked up to. The likes of Kodak, Pan Am, Oldsmobile, F.W. ![]() The business world graveyard is filled with companies that were once titans of their respective industries. The Results Speak for Themselves Advertisements.Domino's Launches a Brutally Honest Marketing Campaign.Leaving a Bad Taste in Customers' Mouths. ![]()
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