August 22, 2012

McDonalds - A Brief History

McDonald's has conquered the world for the last years. You can see their well known logo almost in every country around the globe, and try their delicious and highly successful meals. But what has made this business so prosperous? How a man over his fifties managed to create one of the biggest companies of our time? Well, here are some answers in the short story of McDonald's...

In the 1950 milkshakes were an expanding business in the United States. A guy named Ray Kroc was there too, selling multi-mixers which allowed its users to make multiple milkshakes at once. At that time, Kroc's business was running well and he planned to continue it for the rest of his life. One day in 1954 (when Kroc was 52 then), Kroc visited a fast food joint, where he was just amazed, when he saw zounds of customers, waiting patiently for their turn and buying big amount of hamburgers, chips and drinks. That business was run by two brothers - the McDonalds. Kroc just thought that if he could convince the brothers to expand their obviously profitable business, he could sell multi-mixers to each new branch that opened up and he could make a fortune.

That’s correct, Kroc's initial ideas was to sell more multi-mixers. As the next couple of years went on, Kroc was growing more and more frustrated with the McDonald brothers because they didn't want to expand and wanted to run only 5 or 6 restaurants. They were doing their business just for pleasure and to have enough money to support their families. If no new places opened then Kroc couldn’t sell any multi-mixers. Then one day he woke up with an idea, that would change the world.

Kroc’s vision was that more and more people would want their food faster and he looked at McDonalds as the perfect restaurant to satisfy the public appetite. He had a vision for McDonalds that even the McDonald brothers didn’t see. In 1961, with the backing of some investors Kroc bought out the brothers for $2.7 million and the McDonalds restaurant concept was now his.

Read more about the popular fast food chain here: http://businessideaslab.com/mcdonalds-a-history-of-ray-crock/

August 04, 2012

A Real Way To Make A Million Dollars Online Quick

This is a very great, motivating, engaging and cool story about the birth of the site : http://www.milliondollarhomepage.com/. “Own a piece of Internet history” is the text, with which the site appears in the search results of the search engines, and it’s place there is well-deserved. The domain name gives the basic idea of the web property - this page was created to make a million dollars fast, and the goal was achieved... And here is how it happened...

 This is how one can make a million dollars fast


Once, a british student called Alex Tew, 21, who experienced a shortage of money for his university education. In 2005 he was about to start a Business Management course, and he was really worried about the money needed to finance his education. He didn’t want to find himself in a situation in which he will be paying off a student loan for years after graduation. A money making plan was needed to prevent this from happening. Alex was determined to avoid getting indebted for years and took a blank sheet of paper and a pen, and started a brainstorming session. After several minutes just one question appeared on the sheet: How can I become a millionaire? Several minutes later there was an answer – sell one million pixels from a webpage, to people who want to advertise, for one dollar each. Simple and just beautiful idea. Initially, It seemed to be impossible to make a million with such a crazy idea, but there was nothing to be lost.

The young entrepreneur knew a little about web design and spent his available money for a domain name and a hosting account. After a few days, the site was up and operating. The smallest advertising space that could be purchased was 10 x 10 pixel square for $100 per such a square. The first ads were bought by some family members and friends and Tew already had 1000 dollars of sales. More popularity was needed. Instead of drinking himself into oblivion, celebrating the first profits, Alex spent all he earned for some media publications in the local newspapers. This was a really smart move – reinvesting the revenue back in the business. The medias fond the business idea really interesting, and soon it appeared on many newspapers. The business started to expand really quickly and just in a couple of week Tew had 40 000 dollars in revenue. This was completely enough for him to start even two Business Management courses. But the moneymaking machine had just started. Magazines, newspapers, bloggers found the idea just fascinating and media interest hit the sky.

Read more about this story here: how to make a million online fast
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Making a million is easy, finding your idea about how to do this is the difficult part... Here is a great advice, that will help you a lot - Think outside of the box!.