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unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them

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“unHeritage is definitely the lighthouse for protecting your family and wealth for generations. This book is a must read for anyone interested in legacy planning.” Enzo Calamo

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Center for Family Conversations

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The Center for Family Conversations (CFC) is a resource center that provides the integral tools and ideas in helping families establish a 100-year-plus Family Legacy Plan.

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THE TYCOON PLAYBOOK – How Business Empires Are Built

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The Tycoon Playbook course was created for business families who are already running a successful business and wish to ramp up their growth while preserving wealth for future generations. Specifically, the Playbook teaches high performance business owners the two most highly rewarded skills in business, namely deal-making and how to acquire cash flow producing business assets.

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CNN Financial News

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Can the global gloom sink the U.S. economy?We saw the good, bad and ugly side of fear over the global economy last week. [...]

New Orleans' uneven recovery is leaving blacks behindKatrina10.org, a web site created by the city of New Orleans to commemorate its revitalization 10 ye [...]

Chinese official defends intervention: 'We must take action'Expect the Chinese government not to sit still when its financial markets are falling apart. [...]

 

CNN Small Business News

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Michigan mayor wants to ban flamethrowersRead full story for latest details. [...]

U.S. sees spike in black and Hispanic women entrepreneursWhen it comes to small business in the United States, more women are running the show. An analysis o [...]

AT&T brings 21st century skills to rural SalinasA new program called AdelanTECH Leadership programs provides one-year training to bridge the tech ga [...]

Zirtual insanity: Livelihoods of 400 in flux as startup shuttersZirtual shut down on Monday, notifying its 400 employees via email. Founder Maren Kate Donovan said [...]

 

CNN Money News

How to learn about investing...by watching NetflixLooking for something good on Netflix? These entertaining films will help you learn more about finan [...]

Investors dump stocks at record paceMom and pop investors are dumping their investments and moving to cash at levels not seen since the [...]

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This company is trying to make life easier for employees with babiesSix months after announcing it will expand paid parental leave, the consulting firm Accenture boosts [...]

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Fortune Magazine

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Reuters Business News

HONG KONG (Reuters) - Asian shares fell on Monday and looked set for their worst monthly performance [...]

SHANGHAI (Reuters) - China major stock indexes fell more than 1 percent in early trade on Monday, af [...]

TOKYO (Reuters) - Japan's Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent s [...]

SINGAPORE (Reuters) - Carlyle Group's nominee on the board of China Fishery Group has stepped d [...]

JACKSON HOLE, Wyo. (Reuters) - Central bankers from around the world are telling their American coun [...]

NEW YORK (Reuters) - PayPal Holdings Inc , the e-commerce group trading sharply off its recent offer [...]

NEW YORK (Reuters) - Berkshire Hathaway Inc's $37 billion deal for aerospace supplier Precision [...]

 

Reuters Economy News

CARACAS (Reuters) - Venezuela confirmed on Tuesday it had entered a recession while inflation remain [...]

WASHINGTON (Reuters) - The Obama administration on Tuesday bowed to months of growing pressure over [...]

NEW YORK (Reuters) - Investors backed away from global equity markets on Tuesday, with light volume [...]

NEW YORK (Reuters) - U.S. stocks fell on Tuesday as investors engaged in profit-taking to pull major [...]

NEW YORK (Reuters) - Crude futures closed up slightly Tuesday, getting some relief from a weak dolla [...]

NEW YORK (Reuters) - The U.S. dollar hit a 1-1/2-week low against the safe-haven yen on Tuesday afte [...]

BUENOS AIRES (Reuters) - Crunch time for Argentina fixing its debt default will almost certainly not [...]

 
 

Post Tagged with: "McDonald"

 
  • Business Opportunity Ideas – How to Be a Businessman like Ray Kroc (McDonald’s)

    Business Opportunity Ideas – How to Be a Businessman like Ray Kroc (McDonald’s)

    Business Opportunity Ideas – How to Be a Businessman like Ray Kroc (McDonald’s) by Evan Carmichael   Evan Carmichael discusses how you can find your next big business opportunity like Ray Kroc from McDonald’s, one of the most recognized companies in the world.   “Luck is a dividend of sweat. The more you sweat, the luckier you get.” — Ray Kroc   Raymond “Ray” Albert Kroc (October 5, 1902 — January 14, 1984) was a Czech American businessman who took over the small-scale McDonald’s Corporation franchise in 1954 and built it into the most successful fast food operation in the world. Kroc was included in Time 100: The Most Important People of the Century, and amassed a $500 million fortune during his lifetime.   Action Item #1: Always Be On The Lookout For Opportunities   Most entrepreneurs don’t end up being successful with the product or service that they start with. There are always tweaks and changes that will happen once you start talking to customers and they tell you what they want. Your prospects and customers will lead you to many potential opportunities to grow your business – the key is to jump on those opportunities and take action.   In Ray Kroc’s own words: “The two most important requirements for major success are: first, being in the right place at the right time, and second, doing something about it.”   Kroc started out as a salesman for paper cups and his customers twice brought him to new business opportunities that he acted on. Sometimes this can mean selling a completely different product or service than you were offering before. Look at your current customers – are there hidden business opportunities you can develop with them or improvements to what you currently sell that can bring them more value and put more money in your bank account? If you’re always on the lookout for new opportunities to grow your business you will eventually find the one you can hit a home run with.   Action Item #2: You’re Only As Good As The People You Hire   As your business grows beyond yourself you’ll realize the importance of having a good team. They are the ones representing your company, making decisions every day, and talking to your customers. Having a good staff will make or break your ability to build a successful company beyond yourself.   To make sure he had the best team possible in the early stages of the business, Ray Kroc personally took charge of the entire hiring process. Once he had made the decision to bring someone on board the McDonald’s team, Kroc would give each and every one of them a badge with the title of Management Trainee. It didn’t matter what their actual job was; Kroc wanted every employee to feel valuable and like an important part of the team. Kroc would then tell his workers to think of a better way to do their job or of any improvements that could be […]

     
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  • Developing Leaders with 21st Century Skills: Dennis Riksen

    Developing Leaders with 21st Century Skills: Dennis Riksen Dennis Riksen made a career change from sales to teaching. He learns from the children every day. “Children teach me how M&M’s are far better than money, you can eat them! And McDonald’s is a four star restaurant!” Dennis tells of the “The Leader in Me” program that emphasises a culture of student empowerment, helps unleash each child’s full potential and gives them what they need most in there fast changing, busy and hectic life. It gives them an edge………….  

     
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  • Youngest Woman Billionaire Made Fortune Flipping Burgers

    Youngest Woman Billionaire Made Fortune Flipping Burgers The youngest female billionaire in the U.S. — and one of the youngest on Earth — owes her $1.1 billion fortune to flipping burgers, according to the Bloomberg Billionaires Index. Lynsi Torres, 30, is owner and president of the In-N-Out Burger chain, whose restaurants have earned a following so devoted, says Bloomberg, that customers line up hours in advance of a new store’s opening. The chain’s fans include fellow billionaire Warren Buffett, who, according to a story on the UCLA Anderson School of Business website, told a group of Anderson students in 2005 that he’d like to own the chain. Torres didn’t found In-N-Out; her family did. According to the company’s website, Harry Snyder, Lynsi’s grandfather, introduced California’s first drive-through hamburger stand in 1948 in Baldwin Park. His wife Esther handled the accounting. From the get-go, the chain emphasized its use of only high-quality ingredients. Burgers today are still made one at a time and always to order, according to the company. Lynsi became president in 2010. Bloomberg says In-N-Out has grown to include nearly 280 stores in 5 states, with 2012 sales of about $625 million. Bloomberg bases its $1.1 billion valuation for In-N-Out on the metrics of five publicly-traded peers, including McDonald’s Corp and Wendy’s. In-N-Out, in response to Bloomberg’s valuation, called it speculation. The company is private, its financials confidential. In-N-Out, according to a 2003 Harvard Business School case study cited by Bloomberg, has never franchised, which helps it to maintain strict quality control. Consultants Bain & Co in 2005 estimated the chain enjoys a 20 percent profit margin, thanks in part to the company’s focus on simplicity: its menu is strictly limited. According to the company’s website, In-N-Out expanded into Texas in 2011, after building a new warehouse and patty-making factory in Dallas. Torres, says Bloomberg, guards her privacy and grants few interviews. In September she bought a 7-bedroom, 16-bathroom mansion near the San Gabriel Mountains, according to Realtor.com. Her most visible presence so far, says Bloomberg, has been on the racing circuit. She competes in National Hot Rod Association races, sometimes driving a 1970 Plymouth Barracuda, sometimes a 1984 Chevrolet Camaro, according to association records.  

     
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  • Ray Kroc and the History of McDonalds

    Ray Kroc and the History of McDonalds  

     
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  • Ray Kroc Documentary McDonalds History

    Ray Kroc Documentary McDonalds History  

     
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