8/25/2023 0 Comments Saturated fat dominos pizza![]() In 1988, Monaghan sold Domino’s Pizza for a reported one billion dollars. Lewis said that the reason that you aim so high and want so much, it’s not what you want, it’s what you want is more than other people, sell more pieces than anybody else, have more money than anyone, and I thought, ‘that’s not what I want to be,’” he shared. Lewis that Monaghan realized he was only chasing material goods in order to prove to others that he was successful in life. Monaghan was once quoted saying, “My life had become a high-speed train going down the tracks, but was about to become a train wreck.” “I was going to Mass every day, practicing my faith, reading a lot of spiritual books, and I thought ‘I can handle it, I can handle it,’ but I got into the toys I justified the yachts, the airplanes.” “I wasn’t as ready for it as I thought I was,” he admitted. “In 1980 we had about 300 stores, in about 1986 or seven we had about 5,000,” Monaghan added.Īs the business grew exponentially, Monaghan shared that he began to lose sight of what was truly important and was distracted by material possessions. We were the fastest-growing restaurant chain in the history of the world. This was 1980 and we took off like a rocket. “Finally, after 20 years, I got everything worked out,” Monaghan told Flynn, “I started in 1960. Thomas Monaghan, founder of Domino’s Pizza, speaks with Mother Angelica at EWTN. However, the marketing strategy that would change the course of his life was his guarantee to customers that they would receive a hot pizza in 30 minutes or get their money back. He decided to focus on takeaway and delivery, instead of dining in, and he designed the conveyor belt pizza oven to cook the pizzas faster. Over the next two decades, he redesigned the pizza box so that it would keep the pizza hotter for longer. Monaghan went on to change the name from ‘Domi-Nick’s’ to ‘Domino’s’ and opened two other locations in Michigan. “It was 500 dollars down, but became the largest pizza chain in the world.” That is when his brother gave him the idea to borrow a couple of hundred dollars to buy a pizzeria that was for sale in Ann Arbor, Michigan. Once he finished his time with the Marines, he was looking for a job and a purpose in life. Monaghan shared that he was always “looking ahead.”Īfter leaving the orphanage Monaghan joined the United States Marine Corps. “I felt I was in a special place and I, of course, knew that Jesus was in the tabernacle up there,” he said.ĭespite the hardships the young boy faced in the orphanage, he managed to focus on what he would achieve once he was out of the orphanage. This mundane task ended up bringing him closer to the Blessed Sacrament. ![]() One of Monaghan’s daily tasks during his time in the orphanage was to clean the small chapel. “It was 50 boys, Polish nuns, very strict, very holy.” “The orphanage was basically like a prison,” Monaghan told Colm Flynn in an interview with EWTN News In-Depth on June 23. Joseph’s Home for Boys, an orphanage in Jackson, Michigan. Unable to cope with the death of her husband, his mother placed her two sons into St. Monaghan was 4 years old when his father passed away on Christmas Eve. He now devotes his time and money to helping young people receive a well-formed Catholic education. Thomas Monaghan, the founder of Domino’s Pizza, sat down with EWTN News InDepth on June 23 to share how he went from living in an orphanage to becoming one of the wealthiest men in the world. Thomas Monaghan, founder of Domino’s Pizza, spoke to Colm Flynn on EWTN News In-Depth on June 23, 2023.
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