Exterior view of the first McDonald's fast-food restaurant with its neon arches illuminated at night, in Des Plaines, Illinois, circa 1955. With labor costs slashed and revenue growing to $350,000 a year by the early 1950s, the McDonald brothers saw their profits double. They had already...
This is called limited liability, and it’s why serious business owners often choose the LLC over the financial risk of being a sole proprietor or in a partnership. Corporations Some of the most popular businesses on earth are corporations. Think Starbucks, Apple, or McDonald’s. A ...
Cool, so going along with this IRL examples is in real life play out of brand voice, another space we can look at is the difference between McDonald's and Wendy's. Tom can you talk a little bit about why these differences are there and why they matter on social media?Tom: Yeah and...
Great leaders start developing leadership skills early in younger members of staff. Anthony Jay Robbins, or Tony Robbins, has created a successful career by coaching people to become their best. The best way to assess their coaching and development abilities is to test their emotional intelligence ...
Get on the trend train early:Speaking of trends — if you do notice an appealing product trend, get on board with it early. The earlier you segue into an emerging market, the more likely you are to be seen as an original part of the industry. “Authentic” brands get a bigger slice ...
The different views on the early warnings for Hurricane Georges show some of the complexities related to predicting disasters. Disaster prediction is a process of providing scientific information to the government officials and other decision makers who must respond to those predictions.1. What is the...
Founding a startup is a high-risk, high-reward enterprise. And it’s important to face the facts early:most startups fail. The reasons are numerous: weak leadership, poor planning, financial mismanagement, and lack of market demand.
Engage a lawyer early. Ideally, engage a lawyer before you start your company, especially if you’re seeking venture or angel investor backing. Many entrepreneurs err by forming a company and agreeing to co-founder terms without legal counsel, which can lead to complications. A good lawyer will...
“I don’t want to die early like my dad did.” “I want to find out what I’m capable of.” “I want to feel pride, not shame, when I look in the mirror.” There are many tough days ahead, many happy hours, and sabotaging coworkers. Having a great reason WHY can be the...
By the 1970s, Taco Bell had grown into a nationwide chain, and its success sparked the rise of Mexican-inspired fast food across the country. The chain’s early restaurants featured a distinct look with their adobe-style buildings and bell-shaped logos, which helped establish Taco Bell as a...