Episodes

  • #202: Sour Patch Kids – Gummy Bears Meet Cabbage Patch Kids

    #202: Sour Patch Kids – Gummy Bears Meet Cabbage Patch Kids
    Apr 23 2025
    Sour Patch Kids were the result of paying attention to the industry and the wants and delights of the world at large. And delivering what the people wanted. Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I'm Stephen's sidekick and business partner, Dave Young. Before we get into today's episode, a word from our sponsor, which is, well, it's us, but we're highlighting ads we've written and produced for our clients. So, here's one of those. [Waulkie Feet Ad] Dave Young: Welcome to Empire Builders Podcast. Dave Young here, along with Stephen Semple. All Stephen told me for this episode is that he's excited about doing it because it's got a Canadian tie-in, but he didn't whisper the name of the company or anything into my ear as we counted down. Stephen Semple: I forgot to. Dave Young: Yeah. Stephen Semple: Oh, I forgot to. Dave Young: He just stood there looking at me. Stephen Semple: I'll tell you now, Sour Patch Kids. You know the candy? Dave Young: Sour Patch Kids. Oh, gosh. Are they the origin of all the little sour candies that are out now? Stephen Semple: It's always hard to say if they're the exact origin, but they were certainly one of the first ones that went big, for sure. Dave Young: And the candy was after most of my candy-eating days. So let's dive in. Stephen Semple: So you're trying to tell me you eat no candy now? None? Dave Young: Well, that's what the doctor says should be happening. But as a child, I'm just too old to devour a lot of Sour Patch Kids, I think. Tell me when this started. Stephen Semple: So the Sour Patch Kids started basically in the early 1970s, is kind of when they came out. It was a Canadian company, but the other thing is it didn't, first of all, start as Sour Patch Kids. It was actually first called Mars Men. And in 1985, they renamed it Sour Patch. Dave Young: Okay. I was adulting by then. Where did this start? Wait, Mars Men? Stephen Semple: Mars Men. Dave Young: Yeah, that's not a good name. Stephen Semple: No. So today, it's part of a big conglomerate, it's part of the Mondelēz Group, and it's estimated that there's about $248 million worth of Sour Patch Kids sold every year. So that's a lot of little kids. And it was started by a little Canadian company. There was a guy by the name of Frank Galatolie who was working at Jaret International, and he was admiring the American candy revolution, and he was the sales and marketing manager for Jaret. And what Jaret did was they were an importer of food that foreign transplants would like. So they would go out and they would find some sort of food that people from India would like and bring it in or from Poland and they would bring it in. So basically, they really specialized in this whole idea of finding foods that foreign transplants would like. Dave Young: Interesting. I like that idea. Stephen Semple: And he wanted to do a twist on gummy candy. So in 1920, Hans Riegel, in Germany, made the first gummy, and that was like a gummy bear. And they were really popular in Europe, but they weren't super popular here. And he didn't want to do a traditional sweet candy, and Halloween was really growing candy, and candy could now be found in different places, and all of this other stuff going on. And he also started to notice that there was an emergence of a different type of candy, like the Atomic Fireball came out and sour Lemonheads came out. So he was noticing that there was this desire for stuff that was not just sweet, and they were really the first to do this whole idea of sour and sweet. So they combined two acids, so it would be super sour and that super sour would drop off and then would come back as being sweet.
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    16 mins
  • #201: Cabela’s – From Furniture to Fishing Flies

    #201: Cabela’s – From Furniture to Fishing Flies
    Apr 16 2025
    1000 fishing flies and an ad that failed turned a furniture store family into a sporting goods store empire. Way to go Cabela's. Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I'm Stephen's sidekick and business partner, Dave Young. Before we get into today's episode, a word from our sponsor, which is, well, it's us, but we're highlighting ads we've written and produced for our clients. So, here's one of those. [No Bull RV Ad] Stephen Semple: Hey, David, we're going to do something different here. Dave Young: Okay. I'm all ears. Stephen Semple: Because you have a special history with this company. So we're going to talk about Cabela's. Dave Young: Okay. Okay. Stephen Semple: Because of the fact that Cabela's started in your little town in Nebraska. Dave Young: Kind of. Kind of. Stephen Semple: Kind of. Dave Young: Yeah. Stephen Semple: So we're going to do this completely unrehearsed, Dave running with things, and I'll fill in certain- Dave Young: You're going to Google dates and names in the background? Stephen Semple: Yeah, that's what we're going to do. So let's give that a roll. Cabela's is an interesting story. Dave Young: It really is, and it still is a brand, right? It's still around, but it's owned by the Bass Pro Shop guy, Johnny, whatever his name is. I didn't get to know him because that's a Missouri thing. So Sidney, Nebraska- Stephen Semple: We don't like talking about those people. Dave Young: Well, he came in and bought it up and saved the company. That's part of the story. But Sidney, Nebraska was the home of Cabela's, the family and the corporate headquarters for years and years. It started, though, in a town about 30 miles away, a town of Chappell, Nebraska. Stephen Semple: Right. Yes. Dave Young: 1962. Stephen Semple: Well actually, you're really good. According to what I have here is December, 1961, but 1962 is a month later. Dave Young: Yeah. '62 is what was always on their logo. Stephen Semple: Okay, cool. Cool. Dave Young: And the shirts you could buy, like Cabela's EST 1962, but yeah, December '61. So Chappell, Nebraska, their dad is in the furniture business, and- Stephen Semple: I didn't realize he was in the furniture business. Okay, cool. Dave Young: Yeah, and the story. As I recall, is that two of the sons, Dick and Jim, well, at least it was Dick that went to the furniture show with dad in Chicago, where you see all the furniture that you're going to buy for your store and you make deals with the manufacturers and all that stuff arrives then over the course of the next year. Well, he found a company that he bought like a thousand Chinese-made fishing flies. Stephen Semple: Yeah. Dave Young: Little flies for fly fishing. Stephen Semple: Right. And what I have here is it cost him like 45 bucks. Dave Young: Oh, yeah. Yeah. Dirt cheap. Didn't know what he was going to do with them, but he bought a thousand of them and brought them home. Takes out a little ad in a Wyoming hunters' newspaper or newsletter. All right? And he- Stephen Semple: Sports Afield is the name of the- Dave Young: Sports Afield, and the ad, if... So yeah, gosh, now I feel like I'm doing this story and Stephen's fact checking me, live. So this is, I think, from an ad writing perspective and a business making an offer, this is actually the pivotal moment in the genesis of the Cabela's story is that they ran this ad in Sports Afield and nothing happened. Stephen Semple: Right. I think they got one response or something like that? Dave Young: Yeah, but it was the offer. The offer was buy, I think it was 12 hand-tied fishing flies for a dollar,
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    24 mins
  • #200: Happy Meal – 35 Billion Served

    #200: Happy Meal – 35 Billion Served
    Apr 9 2025
    Because of the Happy Meal McDonalds is the world's largest toy distributor. Larger than Hasbro or Mattel. This is an Empire! Dave Young: Welcome to The Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I'm Stephen's sidekick and business partner, Dave Young. Before we get into today's episode, a word from our sponsor, which is... Well, it's us, but we're highlighting ads we've written and produced for our clients. So here's one of those. [Out Of This World Plumbing Ad] Dave Young: Welcome back to The Empire Builders Podcast. Dave Young here, along with Stephen Semple, and I was ranting and raving about a new book I'm fascinated with and crazed about. And Stephen hit the record button and decided we were going to talk about Happy Meals instead of that. So here we are. Happy Meals, huh? Stephen Semple: Happy Meals, yeah. Dave Young: The McDonald Happy Meal. The precursor to the Playland. I've always enjoyed going through the McDonald's drive-through and ordering a happy meal, whether I had a kid in the car or not. Stephen Semple: I could see you doing that. Dave Young: And then sometimes they look and go, "Well, where's the kid?" I'm like, "Hey, mind your own business about the kid." Stephen Semple: They're in the trunk. Dave Young: There's a kid somewhere. Give me my damn toy. Stephen Semple: I was going to ask, what's your favorite part? Is it the toy? Dave Young: Absolutely. You can get a nugget, a few of them. Stephen Semple: Well, here's the crazy thing is it is the most sold meal in history. There's been like 35 billion happy meals sold. Dave Young: Is it, really? That's a lot of happy. Stephen Semple: Yeah. Yeah. Yeah. Dave Young: Sure. Stephen Semple: And it actually makes McDonald's one of the largest toy distributors in the world. They've given away billions of toys. Dave Young: Oh, sure they did. Stephen Semple: More toys than Hasbro or Mattel. Dave Young: And just controversy like when they were giving away Beanie Baby toys. Good Lord, people were losing their minds. Stephen Semple: Yeah. Yeah. Dave Young: I'm trying to think of who this is. It might be our mutual friend, Gordon. Somebody in our circle tells a story about their dad driving the family through McDonald's when they were kids and everybody getting really excited because like, "I'm going to get a Happy Meal." And their dad orders one cup of coffee and just keeps going. I'm like, "Oh, man, that would suck." Stephen Semple: That would be a very unhappy car. Dave Young: So when did the Happy Meal start? Stephen Semple: There's a bit of a debate about who actually created the Happy Meal. So we're going to explore a couple of the different stories, but it was basically 1974. Dave Young: Okay. Yeah. Stephen Semple: One of the stories is it was created in Guatemala by Dona Yoly and her husband who opened the first franchise in that country. Dave Young: Wow. Stephen Semple: And Dona wanted her restaurant to feel like a family restaurant. Look, she understood things had to be done the McDonald's way- Dave Young: Sure. Stephen Semple: ... to the corporate standards because McDonald's even has a Hamburger University- Dave Young: Oh, yeah. Yeah. Stephen Semple: ... which was a brainchild of Fred Turner, and it's a training program for franchisees. We could even do a thing on Hamburger University because it was the first of its type. It was the first training program of its type for franchisees. So there's always this thing that McDonald's is trying to set where there's this goal of a consistent experience, but they also want to give franchisees some freedom because what they have found is that franchisees oft...
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    20 mins
  • #199: Supergoop – A Cancer Scare Jumpstarts An Empire

    #199: Supergoop – A Cancer Scare Jumpstarts An Empire
    Apr 2 2025
    When a family friend is diagnosed with skin cancer, Holly Thaggard polls a bunch a skin care chemists and comes up with the Unseen Sunscreen. Dave Young: Welcome to The Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I'm Stephen's sidekick in business partner Dave Young. Before we get into today's episode, a word from our sponsor, which is, well, it's us, but we're highlighting ads we've written and produced for our clients, so here's one of those. [No Bull RV Ad] Dave Young: Welcome back to The Empire Builders Podcast. Dave Young here with Stephen Semple, and we're talking about empires. And so Stephen said we're going to revisit one. And I think really, Stephen, what you're doing is just testing my ability to remember shit. Supergoop is what you told me, that it rings a bell, but help me out here. Stephen Semple: This is a rerecording because we did one recording, which didn't work out so well, and here I am in a hotel and you immediately informed me, "Boy, the microphone doesn't sound so good, so we might be recording it again in the future." Dave Young: It'll be Supergoop part three. Oh, dear. On the plus side, the listener doesn't remember this episode because it was never released. Stephen Semple: No, that's true. Dave Young: Okay, good. Stephen Semple: That's true because we had some real recording issues that we could not recover from. Dave Young: All right, we get another mulligan on Supergoop. Stephen Semple: Supergoop, for those who don't know, is a sunscreen and- Dave Young: Oh, that makes sense. Stephen Semple: ... basically- Dave Young: Now it sort of rings a bell. I think probably. Stephen Semple: It sort of rings a bell, does it? And in 2022, Supergoop did $250 million in sales, so that's- Dave Young: That's a lot of goop. Stephen Semple: That's a lot of goop. It was started in 2007 by Holly Thaggard who's from Baton Rouge, Louisiana. And she has no background in cosmetics or sunscreens or any of those things, so again, another one of these empires that came from somebody completely from outside the industry. Dave Young: She wasn't a Nickelodeon child star or anything like that? Stephen Semple: No, she was none of those things. Dave Young: I'm looking for something goop related. Stephen Semple: Well, that'll come. That'll come. Dave Young: Okay. Stephen Semple: She started in 2007, and the inspiration started in 2005 when she had a close family friend who was diagnosed with skin cancer. And what she found out was that basically 70% of people don't wear sunscreen regularly, and you really need to be wearing it, it's not just about the beach, you really need to be wearing it all the time. And this whole issue with this skin cancer diagnosis sent her down this path of doing a lot of research. She had an entrepreneurial bent. Both of her parents were entrepreneurs, and she started a business when she was in high school. Dave Young: Oh, wow. Stephen Semple: She played the harp. Dave Young: That was a bigger reminder to me than the goop. Stephen Semple: She started Holly the Harp in high school, and she would go on weekends to country clubs and things along this lines, and she charged $100 an hour because there was no competition. Here she's this kid in high school charging a hundred bucks an hour going around playing the harp. Dave Young: Cool. Stephen Semple: Now, at one point she went into teaching and there was a bunch of things that fell apart on that. And there's a certain point where her brother moves to the Dallas area and she's helping her brother move. And she looks around and she's like, wow, this is a pretty swanky neighborhood and there's all these country clubs around,...
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    25 mins
  • #198: Wizard Academy – Magical Communication

    #198: Wizard Academy – Magical Communication
    Mar 26 2025
    From writing a regular article in Radio Ink magazine to a weekly outbound memo to free clinics, Roy H. Williams created a marketing school like no other. Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a marketing consultant, story collector and storyteller. I'm Stephen's sidekick in business partner Dave Young. Before we get into today's episode, a word from our sponsor, which is, well, it's us, but we're highlighting ads we've written and produced for our clients. So here's one of those. [Travis Crawford Ad] Dave Young: Welcome back to the Empire Builders Podcast, Dave Young here alongside Stephen Semple. And Stephen has just told me what the topic for today's episode is and well, I have some thoughts. Stephen Semple: I sure hope so. Dave Young: So we're going to talk about Wizard Academy, we've mentioned it quite a few times on the podcast and I don't know that it falls into the pantheon of super empire type brands, but the things that Wizard Academy teaches have definitely helped some businesses achieve at least some local empire status in the growth of their business. Well, thank you for making this one of the topics. Stephen Semple: Yeah, and part of the reason why I wanted as one of the topics is first of all, we've referred to it a lot and so we might as well let people know what the heck this thing is that we refer to you work there, I'm a major donor there, taught there a few times, been a student there a lot of times. And the thing I find incredible is, look, it's not a big school. When you go to do a class, it's not a hundred people, it's small classes it's like 18 people. But when I was there last, when I taught the course there with Matthew Burns and Gary Bernier, we had people from the Czech Republic, we had somebody from Australia. I've been there where there's been people from Central America and South America. When you go and there's people that are from around the world coming to this little place, it fits it to a degree because it tells us how special this place is. So let's talk a little bit about the specialness of it and the origin of it. Dave Young: I love it. Yeah. So origin-wise, man, I'll go back to my origin and my first exposure to Roy Williams who founded Wizard Academy. I was managing my family's small market radio stations in Nebraska starting in the mid eighties and in the radio broadcasting world, there are national groups like the National Association of Broadcasters, the Radio Advertising Bureau, and there's only ever been a handful of privately held industry publications that focused entirely on the radio broadcast industry. One of those is a magazine called Radio Ink, and it's not INC like incorporated it's Radio Ink as in printers ink, I-N-K. And started by a guy named Eric Rhoades, and I'm not sure how he and Roy first met, and by the way, Roy's got a hilarious story about Eric Rhoades dad speaking of empire building. We'll save that for another time. But Roy started writing a column for Radio Ink in the nineties, and the column was just, Hey, here's some things that you ought to consider when you're writing ads for businesses and you're in the radio business, or here are some tips for radio salespeople to sell more long form kind of schedules. And so I'd been reading those, you'd go to the post office once a month and there'd be the Radio Ink in the mail and it was always exciting because it was great writing, it was one of the few pieces of industry focused Journalism that was really engaging if you were in the radio business and Roy's column was always the first thing I looked at. And at some point he started doing the Monday morning memo and I think promoted it in the Radio Ink article. Hey, if you want, subscribe to The Monday Morning Memo send us a fax at this number.
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    21 mins
  • #197: James Bond – Shaken Not Stirred

    #197: James Bond – Shaken Not Stirred
    Mar 19 2025
    A feeling of authenticity is what really brought 007 to life and the Broccoli family brought it to the screen. Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom-and-pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I'm Stephen's sidekick and business partner Dave Young. Before we get into today's episode, a word from our sponsor, which is, well, it's us. But we're highlighting ads we've written and produced for our clients, so here's one of those. [No Bull RV Ad] Dave Young: Welcome back to the Empire Builders Podcast. Dave Young with you, alongside Stephen Semple. We're talking about famous brands. This is, I guess it's a brand, sure. It's Bond, James Bond we're going to talk about. Stephen Semple: Yes. Dave Young: It's not a consumer product. Stephen Semple: Well- Dave Young: It's one of those things where there's a story and it fits the zeitgeist of marketing in the popular, I don't even know what I'm trying ... Save me, Stephen. What am I trying to say? Stephen Semple: Well, I look at it this way. How is it not a brand? Dave Young: Oh, it's a brand. Stephen Semple: The moment I say Bond. Dave Young: Yeah. Stephen Semple: Shaken not stirred. Dave Young: Sure. Stephen Semple: We all know who it is. Dave Young: Evil geniuses. Stephen Semple: The first movie came out in 1962. Dave Young: Yeah. Stephen Semple: And has generated billions and billions of dollars, both in a Hollywood, and spinoffs, and product placements. We all know about Aston Martin DB-whatevers because of Bond. Dave Young: Sure. Stephen Semple: To me, how is this not a brand? Dave Young: It's definitely a brand. I guess I'm thinking that most of what we've done have been consumer-facing products. Stephen Semple: Correct. Dave Young: Bond definitely is, in that selling seats to movies. Stephen Semple: Yeah. Dave Young: For sure, that's consumer-focused. I'm with you. I'm all for talking about Bond. Stephen Semple: Yeah. Dave Young: We just have to think differently, which I think like an evil genius. Stephen Semple: Well, the other part is it was the world's first blockbuster franchise. It's estimated that it's done seven billion in revenues. Dave Young: Yeah. Stephen Semple: Big, big, big, big, big, big bucks. Dave Young: We're always wondering, even when there's no Bond movie out, we're wondering who's the next Bond going to be? Stephen Semple: Who's the next Bond? Dave Young: Yeah. Stephen Semple: Who's the next Bond? Which is the controversy right now today. Dave Young: Sure. Stephen Semple: That we're going to come back and talk a little bit about. One of the funniest things though, when I was researching this, one of the funniest things is how Ian Fleming ... Ian Fleming created the Bond character and wrote the James Bond books, of which, what is it, the original dozen movies or so were all based upon the books. But here's the interesting thing, how he came up with the name James Bond. He's sitting writing, and he looks up at this book, The Birds of the West Indies because he's living in Jamaica, and it's written by James Bond. He goes, "That's a really cool name. That's what I'm going to name my spy." Dave Young: I like that, yeah. People that have single-syllable names always roll off the tongue. Stephen Semple: Yeah. I'm not going to go into a lot of the history. We're going to talk about it a little bit. I want to talk about something different, and it's going to seem weird. Because part of the reason why I believe James Bond, the Bond franchise and the Bond movies, have become so big and so successful is there's actually a degree of authenticity in all of them.
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    22 mins
  • #196: Swatch – Saving the Swiss Watch Makers

    #196: Swatch – Saving the Swiss Watch Makers
    Mar 12 2025
    Japan's digital watches massively disrupted the Swiss watch market. So, an entry level fashion watch is created to save the day. Swatch! Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom-and-pop to major brands. Stephen Semple is a marketing consultant, story collector, and storyteller. I'm Stephen's sidekick and business partner, Dave Young. Before we get into today's episode, a word from our sponsor, which is, well, it's us. But we're highlighting ads we've written and produced for our clients, so here's one of those. [Waukee Feet Ad] Dave Young: Welcome back to the Empire Realtors podcast. Dave Young here alongside Stephen Semple. And as usual, Stephen has whispered the topic into my ear as the five-second countdown commenced. So, I have three seconds to come up with my initial reaction to the brand is that we're going to discuss. And my recollection for this one is ... Let me tell you what it is first. It's Swatch. Remember the watches? And my recollection of it is they were just too damn cool for me. Stephen Semple: I mean, you're not a fashionista, Dave? Dave Young: I never have been. But here's the thing. I think by the time ... you'll have to fill in the dates here, but I think by the time I got out of college and was making my way in small market radio, the point of having fashionable timepieces on your wrist, which is ... was like, "That's just too cool for me. No." I recognize it as a cool idea that was going to make somebody a gazillion dollars. Stephen Semple: Yeah. Dave Young: But it wasn't going to be my dollars that got it done. Stephen Semple: Well, you're somewhat accurate, and somewhat aren't because I believe that we are around the same age. I might be a tick older, but it was fall of 82 when Swatch was launched, but they became really big, late eighties, early nineties. Dave Young: So, yeah, I graduated college in 84, and so, yeah, by the late eighties ... and remember, I was in Western Nebraska. Stephen Semple: And there was no Amazon. Dave Young: Dude, Gone With the Wind has just now arrived at theaters in Western Nebraska. When you think about the good old days, they haven't even hit Western Nebraska yet. They're still waiting. So, go ahead. Stephen Semple: As I got looking at Swatch, here's the thing that's really remarkable about Swatch is how much they changed the watch industry. It is an idea that was remarkable because not only did it change the watch industry, it saved the Swiss watch industry. Dave Young: Oh, I believe it. Yeah. Stephen Semple: The change that came about was incredible. If we go back pre-Swatch, the idea of a watch is it was a single purchase item. Dave Young: There's a time ... yeah. Stephen Semple: People own one wristwatch. Dave Young: Yeah, and you decided, do you want a leather watch band or one of those metal expandy ones? Stephen Semple: Yeah. Dave Young: Which watch guy are you? Stephen Semple: Right. And Rolex, for example, was not even a high-end luxury product at that time. It was an expensive watch, but it was not a luxury watch. It was not an aspirational one. And it's really interesting. Even if you take a look at Rolex's advertisements from the seventies versus the ones 2000 and on, they're a very, very different feel. One was it's rugged, and you can use it, and they aligned with certain sports such as diving and things along that lines. You look at how it's positioned today, and it's a fashion statement. Dave Young: Yeah, I see that. Stephen Semple: It's very, very different. In 10 years following the launch of Swatch, they became the largest watch brand on the planet. Dave Young: Well, I'm sure we're going to hear about tons of imitators. And they hit right in that slice of time. There's a couple of decades,
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    23 mins
  • #195: PEZ – Part 2 – From Loophole to Pez Outlaw

    #195: PEZ – Part 2 – From Loophole to Pez Outlaw
    Mar 5 2025
    How Steve Glue made 4 Million giving the people what they wanted by beating the system; and how Pez ran him out of the business. Dave Young: Welcome to the Empire Builders Podcast, teaching business owners the not-so-secret techniques that took famous businesses from mom and pop to major brands. Stephen Semple is a marketing consultant, story collector and storyteller. I'm Stephen's sidekick and business partner Dave Young. Before we get into today's episode, a word from our sponsor, which is... Well, it's us, but we're highlighting ads we've written and produced for our clients. So here's one of those. [ASAP Commercial Doors Ad] Dave Young: Welcome back to the Empire Builders Podcast, Dave Young here with Stephen Semple and part two of the PEZ story. We're going to talk about the PEZ collectibles, the whole frenzy. Stephen, I'm going to turn it over to you because I'm fascinated with this. I did just 30 seconds worth of Googling, and yeah, there are PEZ dispensers that are worth bucks out there. Stephen Semple: And the whole collectibles and the PEZ story is crazy. And as we know, the '90s is when this whole idea of collectibles just took off. You had Swatch watches come onto the market, and in fact, stay tuned, we're going to do an episode on Swatch. Swatch is probably going to end up becoming one of my favorite all time stories. So Swatch is going to be coming up. Because as I was going down this whole collectibles thing, it opens other doors. But you had Beanie Babies and you had Pokemon, and of course, PEZ. And PEZ is so popular that it ended up being on the cover of the Forbes magazine edition on collectibles. And people who collect PEZ dispensers call themselves PEZ heads. And one of the biggest people in the space is a guy whose name is Stephen Glew, who's also known as the PEZ Outlaw. Dave Young: The Pez Outlaw. Stephen Semple: The PEZ Outlaw. You're immediately intrigued, aren't you? Dave Young: Oh, sure. Stephen Semple: And Steve Glew is a machine operator from Michigan, and he started doing collectibles as a side hustle. And he started by collecting cereal boxes. So he would go to the local recycling plant and clip the coupons and ask for the toy to send them, things like those secret decoder rings. Have you ever noticed that there's a disclaimer now on those things that says only one per customer Dave Young: Because of him? Stephen Semple: It's because of him. Because at a certain point, Kellogg's notices that they're sending tons of toys to this one address- Dave Young: To one guy. Stephen Semple: ... in rural Michigan, to this one guy. He's basically getting these things and then going to trade shows and selling them. Dave Young: Nice. That's smart. Stephen Semple: That's smart, hey. Dave Young: Yeah. Stephen Semple: It's funny, I bought a book a little while ago that is somebody had put together a book of all of the ads and the products that we saw in comics. Dave Young: Oh, sure. Stephen Semple: And in fact, the reason why I had got the book is when I did my comic, I was looking for ideas for fun, made-up placement. Dave Young: My dad had a story about when he was a kid, he sent off for something and it was a model airplane, a Balsa model airplane, send a dollar or whatever. I think this had to be a joke. Basically, he got back a big block of balsa wood and a knife. There you go. Stephen Semple: There you go, that's awesome. Yeah. Dave Young: Yeah, so Steve Glew. Stephen Semple: So we thank Steve Glew for the origin of the disclaimer of one per customer. So Steve's got a problem. He needs to find new things to sell because this side hustle is about to disappear because he's no longer able to scavenge these boxes and send in and get all these toys to sell. He's clearing out the last of his inventory and he notices a nearby vendor selling Pez dispensers.
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    13 mins
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