Subway Founder: "If I Started Subway Today, Subway Would Not Exist"

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SIMON HOBBS, CNBC: You know, it's 13 years since you wrote the book Start Small, Finish Big, which was about grassroots entrepreneurship. Do you think the environment for those chasing the American dream by setting up their own business has gotten worse or better in those 13 years?

FRED DELUCA, SUBWAY FOUNDER: It's continuously gotten worse because there's more and more regulations and it's tougher for people to get into business, especially a small business. I tell you, if I started Subway today, Subway would not exist, because I had an easy time of it in the '60s when I started and I just see a continuous increase in regulation.

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