In lieu of ejection by the Board of Director, Papa John’s CEO John Schnatter has chosen to step down from his management at the company that he founded by opening up a pizza business in a spare space in his father’s restaurant. From his own work ethic, he created a business that is worth over $2 billion.

As a wealth creator, I don’t think you could find 1,000 individuals in the past century that had a greater impact than he did. Schnatter’s secret to pizza wealth creation consisted of the following: (1)  perpetual price hikes that were just a little bit higher than the rate of inflation, which he sustained perpetually until Domino’s decided to become the low-cost market participating and forced the other national chains to compete; (2) a fanatical focus on “order bundling”, or the recognition that a lot of money can be made when you can regularly … Read the rest of this article!