Ray Kroc

-owner of mcdonald's
-sold the world on the concept of fast food
-lived in chicago
-was more ambitious than most kids his age
-started working in food services
-had no patience for school
-was a pitcher for baseball
-he joined the red cross ambulance school
-went back to school a few years later and lasted only one semester
-signed a contract with wal-greens
-sold a lot of mutimixers
-met the mcdonald brothers
-the brothers are the founders of mcdonald's
made a little hotdog stand
-then created mcdonald's the fast food restaurant
-made service faster after the war
-got on an american restaurant magazine in 1952
-less is more
-is 52 when he first hears about mcdonalds
-had to buy out a pre existing contract for mcdonalds
-he made monet renting out real estate
-ended his 39 year marriage
-met a new woman
-opened over 200 new restaurants
-was successful because he had a formula
-hamburger university
-tried to change things about the formula the borhters had made on the menu
-borhters wanted 2.7 million dollars cash to get bought out
-he wanted to get back at the brothers for not entailing the full details of the negotiation
-the brothers had to change their name to the restaurant that they kept
-got run out of business by kroc because he opened a brand new mcdonalds a block away
-wisdom of franchisee's
-got into the breakfast business for mcdonald's
-created ronald mcdonald
-married again march 8, 1959
-bought the san diego padres
-januarary 14, 1984 died of heart failure
-1 in every 8 have worked at mcdonalds in america

Robert Kiyosaki

-wrote a book
-4th generation japanese
-rich dad, poor dad
-real dad spent a lot of money
-rich dad had no education but knew how to spend his money
-story between a capitalist and socialist
-to many people think they are entitled to government support
-sold over 26 million copies world wide
-NY times best selling list for 6 years straight
-we all use money..
-money. We all use it
-money is just a game
-money is not just surviaval
-making money is fun except when you are on the losing side
-keys for success
1. Scholastic
2. Professional
3. Financial
-went to school in NY
-all he wanted to do was to be rich
-had to rebuild his business (it took 5 years)
-he is a millionaire
-was a millionaire at the age of 27 but wasn't smart with his money and went broke
-Asset: money into your pocket
-Liability: money out of your pocket
-cashflow, capital gains
-need more financial education in school
save your money and invest

Negotiation

-custom energy bars
-went to shark tank
-got an offer starts negotiating
-grossed $50,000
- $150,00 for 15% of company
-grew 50% in sales in 6 months
-got two offers now has a descision to make
-got $150,00 and 4% royalty on sales for 30% of the company
-by negotiating he got what he wanted and staying motivated in the company
-first person to mention a price is the person who loses

Money From Almost Nothing

Garage Sale Boyz:
-sold various items
-made $500.00
-live hard, sell hard

Junked:
-got donations of other people's junk and sold it for money
-made $282.00
-make profit off people's junk

EggZimaEggs:
-took eggs from backyard
-made $15.00
-tried to sell chicken eggs door to door

Begin Boating:
-had a video that showed how to load and unloafd boats and trailers
-winterized boats for cash
-spent $30 for grease for trailers
-made $120 for winterizing boats

Acrylic Nails:
-did people's nails
-charged $25 for full set
-made $45

Illumnight:
-put up christmas lights
-total revenue is $123

The Gutter Boys:
-cleaned out gutters
-made $360

Bags:
-made purses
-made $15.80

Computer and Car Audio Solutions:
-fixed/sold computers and xboxs
-made $1550

Delivery Service:
-made errands for people
-made $280

Roses for a Cause:
-sold roses to people
-made $714

A&G's Bake it for You:
-made cakes and pies and cookies
-made no money
Summary:
The poeple that werew successful in this project were the people that used their skill set to make money. Also they had hard work and determination also the used leverage to their advantage to make money with less effort.

Pet Peeves and Solutions

-Long waits at restaurants
      -Increase employee's
-People who don't do their job
      -create insentives for employee's to want them to do their jobs
-Employee's that aren't presentable to the public
      -inspect employee's before they come into work
-Construction
      -train flag people so they know what they are doing
-Elderly People Driving
      -Make them take a re-test at a certain age

Branding Your Business

-create changed to make a better preception
-importance of ralph lauren example is that he changed his last name
-turn your business into a consistent profit making branch
-What is personal branding?
         -who you are
         -what you are
         -and what makes you different
-you have to reach out to people and join them
-what a personal brand does?
        -you are different
        -you are superior
        -you are authentic

Seth Godin

-made a cd called sauce
-ideas that spread win
-tv and mass media made it easy to spread ideas
-products succeeded because someone figured out how to reach to what poeple want
-arby's spent 85 million dollars advertising an animated oven mit
-too many choices and too little time so therefore you dont waste your time on new products
-remarkeable is the essence of where a product goes
-people like new things
-things slowly spread around to make it a mass product
-you have to find a group that cares about your products
-sell to people who are listening
-change what a product means while keeping it the same at the same time
-being very good.... is bad
-increase sles by being remarkeable not by advetsiement

Home Depot

-started in 1979
-more than $50 billion in sales a year
-they have a program that tries to make woman weekend warriors
-dad was a great cabinet maker
-dad didnt learn the bottom line
-Bernie Marcus and Arthur Blanc were the founders of home depot
-They started a company called handy dan
-this business was very successful
-had a plan that would make every hardware store obsoelite
-They were noth fired from hand dan and wanted to start a business
-got an investment for $2 million for 70% of the company
-took a long time to find out a name for the company
-they located the first buileding in Atlanta
-they tried to advertise all of Atlanta but the paper never put the ad in
-they started opening up more stores
-paid higher wages than the rest of the market
-lost almost a million dollars int the first year
- profitted almost a million dollars in the second year
-opened four more stores in florida
-Home Depot killed off a whole bunch of competitors
-had 31 stores in 1981
-got a new spoke person and made a lot more money
-sales topped to $1 billion
-sponsored the olympics
-had 500 stores in 1976
-more americans owned their own homes so they started doing their own projects
-lowes became home depot's first competitor
-home depot ran into safety issues
-hired a new president in the board
-bernie stepped down as chairman of the board
-they both donate a lot og money to atlanta for an aquarium
-Arthur owns the atlanta falcons

Fundamentals to Success

-Never stop learning
-Never give up
-Find out your strengths
-Never stop after failure
-Love what you do
-Take risks
-plan carefully
-Failure is a key
-Jump at oppurtunities
-Be a dreamer
-Passion!
-Perservation
-Creativity
-Know what you want
-Willing to fail
-Take advantage of free education
-Hard work
-Don't do it for the money
-Be frugal
-Stick to your goals
-Don't procrastinate
-Learn from mistakes
-Use your network
-Use a leadger
-Do something you love
-Money is just a thing
-Have a back-up plan
-Don't burn bridges

Jim Treliving

-All about hardwork
-Made a pizza business
-is an ex-police officer
-did a lot of things when he was younger
-is the owner of boston pizza
-played hockey
-his dad bought his house with cash
-he made a descision to join the rcmp when he was 19
-first boston pizza opened in penticton
-worked hard and long hours
-never wanted to go back
-still shares an office with assistant
-made it into a billion dollar franchise
-hard work brings luck

Robert Herjavec

-hates liers and people that come up with excuses
-got a job with computer software
-admires having faith in human nature
-family is mostly consisted of farmers
-was very poor growing up
-but had a loving family
-loves family
-has no bad memories on the old farm he grew up on
-when he turned 8 his family fled to italy
-dad went to jail a lot
-loves Canadabecause you have so many more oppurtunities than any other country
-anyone can make something of themself


Summary:
I have learned that you can make something out of yourslef from nothing and just because you weren't born into wealth doesn't mean you can't be wealthy when your older. I have also learned that when you become wealthy is to never forget who you are and remeber to never forget your family.

Arlene Dickenson

-competes with men very well
-understands people very well
-likes to help people out with their businesses
-doesnt care what other people think
-has 4 children and two are married
-loves to spend time with family
-is a very strong marketer
-immigrated from south africa
-family was very poor
-family rented and saved up so they could afford a down payment on a little house in clagary
-moved out at 16
-married at 19 and had 4 kids at the age of 26
-went back to school
-took on many jobs to get through it
-worked at a market company
-turned it into a national company
-she is motivated by her kids
-money isnt the solution to everything family is

Hedgehog Concept

-Hedgehog Concept:
A hedgehog concept is finding one thing that you are better than anyone else at

-My Hedgehog Concept:
My hedgehog concept is being friendly I am nice to everyone that is around me and it will pay off when I am older.

-Chilliwack's Hedgehog Concept:
Chilliwack's hedgehog concept is growing corn we are the best at bringing up more crops in one growing season.

Brett Wilson

-"energy Maverick"
-Very generous
-enjoys being rich
-has a priceless collection of Canadian art
-was a prarie boy
-born in Saskatchewan
-went through childhood working hard
-dad was always g0one to the rigs
-finished highscool at 16
-opened business dealing oil and gas brokers
-worked a lot
-He and his wife divorced
-got prostate cancer
-conquered cancer
-has been in 35 countries with his children
-does charity work every year
-he defines success as being happy

Kevin O'Leary

-"Merchant of truth"
-Very honest
-doesnt give a damn when talking about money
-was middle class
-lived in the suburbs
-mother divorced father
-moved to a lot of Europe
-Very rich and ambitous
-didn"t want to put the guitar down
-worked at an ice cream parlour as a first job
-got fired for not scraping gum off the floor
-never worked for someone else ever again
-built a business in his basement
-Turned $10,000 into a business worth $3.7 Billion
-wants freedom/ power and has it now