Friday, January 21, 2011

The Last Lecture



-launched two sites to sell garbage trucks
-got called into panama
-other business was slowing down
-guy ordered 15 trucks
-flew to new york, to sell the trucks
-had to go to washington D.C.
-flew to miami to fill in orders
-his clients flew him to panama to meet him
-his clients are very wealthy men that each own 20+ compnaies worth over a million dollars
-the business is growing exponentially
-website was very inexpensive
-he found all the product (garbage trucks)
-they are turning the website into a bilingual one
-most of the orders are coming from developing countries
-they have different classes
-fuel is a lot worse quality than in north america

Tuesday, January 18, 2011

Hilton Hershey



-Dropped out of school
-started a caramel business
-got a loan for it from his aunt
-relatives gave up on him
-found a new best freind that helped him out a lot
-started a chocolate business called hershey
-sold the caramel business
-was very generous
-he married a catholic woman
-had a son with her

Friday, January 7, 2011

Kellogg's



-made corn flakes
-got really sick
-health was the new thing in America
-starting this business turned him against his brother
-americans thought that fat was good along with smoking and drinking
-created cornflakes and many other cereals
-didn't want to work as a doctor
-you would either love him or hate him
-he thought meat was in hatred for meat
-kelloggs was the first to figure out that what you ate played a role on your body's health
-excersise was a big deal for kellogg's also
-masturbation = the silent killer of the night
-circumsizen without painkillers for chronic masturbation
-he never had sex during marriage to stay abstanant
-his borther added sugar to the cereal when he was away and he freaked out at him
-added a signature to the cereal box to show that it was an original
-died at the age of 91
-

Thursday, January 6, 2011

Shark Tank

Jump Forward:
-10% for $150,00
-athletes get look over going through highschool
-have a patent on the mobile app
-help highschool athletes get reccognized for sports
-deny money for what they want
-got $600,000 for 50% of the company

Souls Calling:
-everything has a positive message and feeling to it
-she survived an attack and believes that her product helps people
-she is very emotional
-she doesnt make very much money
-it wasnt for business it was a mission to help

Thursday, December 16, 2010

Undercover boss/ ABM



- abm started with one person, a bucket, a squeege, and $4.50
-goes undercover for his business to see what other people think of the company
-was very hurt about the 9/11 attack
-wants his employees to satay in his company as long as possible
-he works the normal everyday job everyone else does
-gets in crap for cussing and not doing the job quick enough
-didnt get through the training for his own company
-helped clean windows
-help with janitorial work
-learned about the employees devastations of 9/11
-went as a freight operator for a day and found out the real details in that particular job
-found out that his employees love to work for ABM which is very good in his case
-learned the stories of real 9/11 stories

Tuesday, December 14, 2010

Famous Entrepreneurs

-Donald Trump- dad was his mentor, he is very wealthy, went bankrupt
-Richard Branson- he is a billionaire, made virgin airlines, cell phone, radio, and he owns an island
-Herb Kelleher-went to university, GM of Cambell soups factory
-Orville Redenbacher-was the popcorn man, billy is cheap
-Howard Shultz-CEO of starbucks, was very poor when he was younger so got into sports to forget about it
-Bill Gates-one of the richest men in the world, it all started as a program now it is one of the weathiest company's in the world, he hates children
-J.D. Rockfeller-Dad was greasy, quit highschool, net worth of 1.5 billion US dollars
-Walt Disney- made many children happy, has changed children's movies forever
-jimmy Pattison-went to school, bought his own car dealership, self motivated, net worth 3.5 billion US dollars
-Martha Stewart-watched her mom cook, she knows her job, graduated from Bernard
-Dave Thomas-owner of wendy's, loved his job, hard work is key
-Jerry Yang- was owner of yahoo, didnt take job to microsoft, net worth is 44.6 billion US dollars
-Ray Krock- bought McDonald's from the mcdonald borthers, he worked hard, he is very rich
-Phil Knight- co founder of Nike, went to oregon for university, likes shoes

Thursday, December 9, 2010

Melanie Houlker




Utopia Academy

-3 domains in the academy
-abbotsford campus
-vancouver campus
-took drafting classes
-really liked fashion design
-applied for a college
-needed a C+ or better in English 12
-didn't have an overall focus when she was 19
-took a hair design course
-if you don't like something you can always find something else to do
-worked at a hair salon
-made no money left the job after 3 weeks
-got another job at great clips
-quit her job in two weeks
-went back to where she had gone to school and talked to her instructor
-instructer got her an interveiw at a good salon
-stayed there for a year because she wanted to do her own work and not just be an assistant
-works at utopia academy
-hard work pays off even if you dont ask for anything
-didnt leave assistant job until she had another job at simple scissors
-was the master stylist at green apple salon in the cottonwood mall
-knew she wanted to be an instructor so she went to utopia academy
-has been there for 7 1/2 years
-moved up in positions from a normal instructor to the dean of the academy
-works for redken also and proceeds go to charity
-the client pays you to advertise your work

Wednesday, December 1, 2010

Levi Giesbrecht

Spruceland
Spa Utopia




-runs marathons for enjoyment
-be mentally strong
-Something from nothing
-go through what you want to accomplish it
-you must learn to create something from nothing
-entrepreneur-a person that gets into a business adventure
-life is going to be very stressful, exhausting, exhilerating, play roles that you may be good at or not, you may have to manage certain things
-there is a price to pay for being sucessful
-dont feel entitiled to anything
-partners in many companies
-some compnaies have failed, some have succeeded
-learned from his mistake, knows what works and what doesn't
-your mind is your best tool in business
-at partner can be really helpful or can destroy your business
-find something you love
-do something that sets you apart from everyone else
-being in the people loving business
-make it a priority to make people to like you
-be prepared to do the lowest part of the job if you are the boss
-employees react on how you work
-create pleasure in the workplace
-make the workplace fun
-its ok to have somebody correct you
-become financially literate
-learn how to read a financial statement well
-develop your AQ
-be a very frugal investor
-be successful!
-balance your life
-what is successful?

Friday, November 26, 2010

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

Thursday, November 25, 2010

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

Wednesday, November 24, 2010

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

Tuesday, November 23, 2010

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.

Thursday, November 18, 2010

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

Wednesday, November 17, 2010

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

Monday, November 8, 2010

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

Friday, November 5, 2010

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

Thursday, November 4, 2010

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

Tuesday, November 2, 2010

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