So he decided to quit the business and went and spoke to his elder brother. He was not ready to quit his job and take up this business. He was on the job full-time, and he had a better salary. Tom Managhan’s younger brother James Managhan was working as a postman at that time. The first problem in the history of Domino’s Pizza took place only at this time when they decided to share their time and work. They came to an understanding that Tom Monaghan would take care of the shop during the first half and go to college and for the next half the other James Monaghan would take care and then go to his work. After they bought the shop and started it, they shared their time with them.

They sourced that money by borrowing here and there. He had started the shop in his name.īoth the brothers had given 900$ as the price to buy the shop. Why was it called Dominick’s Pizza? The owner of the shop was Dominick de Varti. The shop that they bought was named as DomiNick’s Pizza. They decided to buy that shop and do business. As they were searching for avenues to do business, there was a pizza shop owner near their college who was ready to sell his shop. So the brothers decided to start a business to make both ends meet. To pay the college fees, Tom Monaghan decided to do odd jobs. Though he joined college, they did not have sufficient money to fund his fees. He was studying to fulfill this dream.Īfter becoming financially good, their mother returned after 4 to 5 years supported their education, and took care of them.Īfter completing his school education and when he was about to join college, to become an architect Tom Monaghan joined the New University of Michigan to fulfill his aspirations and dreams. Tom Monaghan wanted to become an architect and that was his dream. Both brothers continued their education at that orphanage. Not able to face the financial constraints, she left both the boys in a place for the destitute.Ī situation arose where they had to live in this orphanage for at least 4-5 years. After their father died, their mother struggled a lot to raise these two kids. When Tom Monaghan was 4, his father died on a Christmas day. Tom Monaghan and James Monaghan were siblings and brothers. But only one person was very important, He was Tom Monaghan. Tom Monaghan and James Monaghan Domino’s Pizza Founderĭomino’s Pizza was founded by two people. To achieve this great and marvelous height the challenges that Domino’s had to face were very very huge. Before we look at the challenges faced by Dominos, let’s look at the story of the founder of Dominos. And Domino’s has proven successful by opening around 15000 outlets all around the world. Not only in popularity but even in generating huge revenues and profits Domino’s stands first in the world. Domino’s has 55% shares in the great Indian pizza market which gives a huge turnover.Īnd Domino’s has 70% of shares in the online pizza market where pizzas are ordered and delivered. Not only in India but in all the countries in the world, the popular pizza brand is Dominoes. It is estimated that this will increase by 26% in another 5 years. There are Pizza lovers a separate segment in this world Just like biryani lovers and ice-cream lovers. The market value of pizza consumed by many people in India is equal to Rs 1500 crores per annum.

How he succeeded, what setbacks he faced, what kind of setback this Domino’s company faced, and how it overcame it to become successful, we will see in the history of Domino’s Pizza. He overcame all that and took advantage of the opportunity to win. There have been many ups and downs not only in this company but also in the life of the founder who started it. But through it all, Domino’s Pizza company has won and is the number one in the pizza industry. If we look at the history of Domino’s Pizza, there have been many ups and downs. Domino’s Pizza successfully capitalized on this opportunity. Our history is shaped by how we use that opportunity and how we succeed through that opportunity.

Founder dominos pizza