The Origin Story of Kinko's скачать в хорошем качестве

The Origin Story of Kinko's

FedEx purchased Kinko’s for 2+ Billion Dollars. Kinko’s doesn’t exist any more, but I think we can all agree that Paul Orfelea built an empire. Listen to this Podcast wherever you prefer! Episode: #142: Kinko’s – Kinky Red Hair to Copy Company Empire https://theempirebuilderspodcast.com/... Book your 90 Minute Starter Session Here: https://theempirebuilderspodcast.com/... Timestamps: Podcast: (0:00) Sponsored Segment: (11:27) Podcast: (12:59) Outro: (20:07) Transcript: Dave Young: Welcome to The Empire Builders Podcast. Dave Young here with Stephen Semple. And we were talking about empires. We’re talking about things that started small and ended up really darn big. And Stephen whispered today’s topic into my ear just as we were counting down, and it’s like, “Man, we’ve been on a run of nostalgic trips to our youthful times.” Stephen Semple: That’s kind of true, isn’t it? I hadn’t thought about that. But yeah, we kind of have been. Dave Young: So today we’re talking about Kinko’s. Kinko’s, the copier place. Stephen Semple: Kinko’s the copier place. Dave Young: If you didn’t have a photocopier at your disposal, you had to find a Kinko’s. That was it. That was your only other choice. Or find a print shop and wait a couple weeks. Stephen Semple: And it’s easy because Kinko’s sort of isn’t around any longer. It’d be easy to go, oh, well, they failed, and no, they didn’t. The reason why they disappeared was that in February of 2004, they were bought by FedEx for $2.4 billion. So when you look at all these FedEx stores, they were Kinko’s that basically FedEx took over. When you sell something for 2.4 billion, I call that an empire. Dave Young: I think so. I think so. How did they get started, and when? Stephen Semple: They basically started back in 1969, 1970 is sort of the starting point. It was founded by Paul Orfalea, and he started literally with 100 square foot shop across street from the University of California. And you got to remember, back then, photocopiers were really large. So his 100 square foot store, customers couldn’t come in. Dave Young: That’s mostly a photocopier, in those days. Stephen Semple: Customers would come up to the window and they would basically hand the stuff and it’d be copied and it would hand it back out the window. There was no room for customers in 100 square foot shop. To read more visit: https://theempirebuilderspodcast.com/...