Friday, May 28, 2010

2 Pizza, 1 Pop, and 1 Home made cookie - $4


During our entrepreneurship week project, of selling 2 slices of pizza, a can of pop and a homemade cookie - all for four dollars, we had so much success. It was so much fun, and we all learned how to cooperate with eachother. I learned that through teamwork, and people working with you armed with a good attitude - you can overcome any problem that comes up. The team was willing to reposition themselves so that they could bring success to the whole team. It was a blessing working with them, and something I won't soon forget.

Thursday, May 13, 2010

TOMS Shoes - A History


TOMS shoes was founded on the idea to help others. Children in Argentina don't have shoes to protect their feet. Blake Mycoskie decided to do something about it. He wanted to create a shoe popular in argentina called the "alpargata" and sell it in the United States, and eventually all over the world. With every shoe bought, he intended to give one to a person in need.

Without having to sell his product, the concept of the product sold the product itself. The newspaper started the TOMS buzz, and the internet carried it. Word of mouth was the strongest, and continues to be the key advertising trick for TOMS shoes. If you would like to support the cause, you can go to their website at www.toms.com

Wednesday, May 5, 2010

Arnold - 3 things we can learn.



There are three things we can take from the life of Arnold Schwarzeneger.

Arnold supported many foundations and kept himself focused on what was really important to him. He brought his family to set and always put them first. From this, I learned that you can keep your priorities straight, even if you're in the world.

Arnold also promoted health and fitness in schools where students were affected because it was overlooked. He was the number one icon and example of a healthy body and mindset. He is an excellent example and role model for me to keep pushing, even if it seems impossible.

Arnold set the standard for pushing for your dreams as well. He had extremely humble beginnings, and fought for what he wanted in life - to be the strongest, and to be an actor. He kept fighting past the hurdles of a hard and "future-less" life. He proved everyone wrong by succeeding at everything he said he would.

Friday, April 23, 2010

The Foldio


Christian Lane came looking cfor an investment of 30,000 pounds for 15% for a company named "Foldio". A product that holds a big peice of paper folded, but leaves no fold marks behind. Only two dragons stayed in. One offered 80,000 for 35% for support and mentorship from the investor himself.

3 ideas come out of this product presentation:

1. Every idea is good.
2. Homework is important.
3. Mentorship is key.

This guy was only 19 and got approximately 200,000 dollars for this idea that turned out good.

Element Bars


The entrepreneur who makes Element bars - a natural energy bar made with regular ingredients came to the Shark Tank. He asked for $150 000 investment for 50% of the business. He went for giving up 30% of his business for a licensing agreement where he gets 4% of sales and $150 000 for investment.

The funny thing was, that he went back and forth with the sharks. He negotiated with the sharks and refused every offer, until the last one was re-made. He knew his product was valuable and decided the last offer made was worth it.

Thursday, April 22, 2010

Streamline Fitness


A high-end, sophisticated gym, dedicated to helping you achieve your fitness goals. Enthusiastic trainers, high-end equipment, and a postive surrounding atmosphere will encourage growth, perseverance, and determination. There will be a tanning salon, a supplements and juice bar, sauna and a massage therapy option located inside the gym. There will be an optional "women's only" side to the gym as well.

This gym will not be open to public without a $30.00 drop in fee. This is a members-only area, dedicated to your success. The monthly membership can range anywhere from $50.00 - $100.00/month. We will be in association with nutritionalists and physiologists so that we can work with the injured or medically impaired clients.

Friday, April 16, 2010

Ray Kroc



The ultimate competitor in the food industry was Ray Kroc. He was born in 1902 and his first business ventures were lemonade stands, grocery stores and soda fountains. In grammer school all he cared about was making money - and he jumped at the chance to join the army during World War II. He trained, but the war ended soon, so he went back home, and at the prompting of his parents - went back to school. But he only returned for one semester.

In order to get his father's permission to marry his love - Ethel, he began to sell paper cups. He also found work at a local soda fountain. He conviced them to use his paper cup, so people could bring a soda home, and he was right. It revolutionized the face of the soda fountain.

Work was everything to ray after this, and he barely made time for his family. He left the paper cup business and went into milkshake machines. His business slowed over time, but one restaurant continued to order these machines. He flew out to California and went to meet the men of McDonalds.

The McDonald brothers revolutionized fast food. They created an assembly line like that of FORD. Every burger was the same. No questions asked. Kroc joined the team, and thought he could open franchises for them, making more money for their great business model. At 52 years old he made the cover of American Restaurant Magazine. He sold 18 franchses and kept 1% of the sales; giving the McDonald brothers only 0.5%.

In 1951, he ended his marriage with Ethel. He married a woman named Jane out of convenience and continued to make money. He wanted more control of franchises and sought out new locations. He always looked where there were churches. Where there were churches, there were good families - the perfect customers. He bought McDonalds from the brothers for 2.7 million. He then utilized TV commercials for the business.

Later on, he found his absolute true love, divorced jane and married Joan - the woman of his dreams. He then used his money to start a scientific medical research company and bought the San Diego Padres baseball team. He suffered many strocked and in 1984 - died at age 81

McDonalds was mostly into the real estate business - not necessarially all wrapped around the food industry. The company developed an innovative food production and delivery system. Ray Kroc wanted to make sure everyone got good value - essentially what they deserved.