For the past three weeks, we’ve been learning from Ray Kroc’s success with creating the world-famous McDonald’s franchise system. In this final blog on Kroc, we learn how duplicable systems build residual income. Ray Kroc died in 1984, thirty years after he first met Dick and Maurice McDonald. In 1961, Kroc bought out the McDonald […]
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Systems work when they are followed with precision, when everyone is doing the precisely same things. Ray Kroc knew this, and he believed deeply in adherence to a systems approach. In fact, in 1961, Ray created McDonald’s University where people would be trained on precisely how to build a successful business. Today a McDonald’s costs […]
Think Long Term Ray Kroc changed the global landscape of business forever. In this blog we will continue our look into the principles of what Kroc did, and how he did it, in order to create a clear blueprint for our businesses and careers. After much pleading Kroc convinced the McDonald brothers to let him […]
What has made McDonald’s the highest-revenue fast-food franchise in the world? They did not invent hamburgers, French fries, or soda. They were not even the first car-hop fast-food restaurant, so what did they create that changed the landscape of business forever? A Duplicable system. Let me ask you this, who is the founder of McDonalds? […]
To build a successful organization you have to build a successful team. Building a great team can be challenging. Many people have tried and failed, but these insights can set you on a path to team-building success. Last week, I presented two Keys to Team-Building Success from the Life of Sir Richard Branson, one of […]
To build a successful organization you must build a successful team. As simple as this sounds many entrepreneurs struggle with team-building for many reasons. Maybe they can’t let go of the “power,” or their ego only likes to hire people who are subservient “yes men.” Some struggle to delegate, thinking that “for it to be […]
If there were two words that could guarantee your success, would you want to know them? Those two words are consistency and dedication. Let me show you three steps you can take to put consistency and dedication into action today. Regardless of your goal, (whether it is to build a business, get in shape, excel in your […]
The world witnessed history in the making, as Michael Phelps received his 23rd Olympic gold medal at the Games of the XXXI Olympiad in Rio de Janeiro, Brazil. On August 13, 2016, Phelps became the most decorated Olympian in history, earning his 23rd gold medal, the 28th medal of his career. Winners Focus On Winning Phelps’ 200M butterfly against South African […]
Few people in the world have achieved what no one else has ever accomplished. These people are rare and their insights are priceless. One of these rare people is Evander Real Deal Holyfield. Evander Holyfield is the Real Deal Evander Holyfield is the only professional boxer ever to become the four-time, undisputed, Heavyweight Champion of […]
The author Dr. Wayne W. Dyer shares an important insight and gives a warning when he says, “Don’t die with your music still inside you.” Are you guilty of keeping your music inside you? Dr. Dyer continues his thoughts, “Don’t die with your music still inside you. Listen to your intuitive inner voice and find […]
A mentor of mine once asked me a rhetorical question, “What is early?” His answer changed my personal philosophy. The philosophies we choose to adopt and practice will define our lives. Your confidence in yourself and the credibility everyone else has in you will increase when this philosophy is practiced.
What is the one thing that every successful person has in common? Ambition. They all have that little “get up and go” in them. Let’s get a little introspective for a moment. Ask yourself these questions; on a scale of 1 to 10 how ambitious are you? How driven are you? How comfortable are you […]
Recently I received an email from my younger brother, Travis. The first line of his email read, “What’s your take?” Now as you read this, I realize that you may not be a sports fan (much less a Kobe Bryant fan). You also may not be a real estate guru. Regardless, ask “what’s your take” […]