Another look at Business

have you wondered ow to start a business that will grow to be world renown? To start your own business and be very successful you have to have extremly good timing and a product that will sell. This is how most big bussiness have started. Lets take McDonalds for example.       McDonalds is a billion dollar compay that started as a small burger stand in Califoria. They started by making hamburgers for 15 cents and milkshakes for 20 cents. The milkshakes were the big seller for them and thats what they were known for. They opened in 1950 which was perfect for them because the US was booming and the US families were getting larger. McDonalds became very popular because it was quick, easy, and affordable for all families. Today they have over 49 million customers a day throughout the world and over 31,000 resturants worldwide. This is a huge jump in 50 years of operation.
       I think that if you are starting your own business you could start off small and hope that you have a product that will sell. Timing is a key aspect, if you are planning on selling some sort of technology then try and aim for a time where that technology is a hot commodity. Also make sure you sell your new product at a good price, people will be reluctant to buy a new product that is over priced.

Ever wonder how some business get to be so big? Well I have taken a look at Walmart, one of the worlds largest and most sucessful businesses. I found out that when Sam Wallton the founder of Walmart first started, it only opened in small cities to rival small stores. They bought in bulk and got it at a good price. The other local businesses couldnt by bulk the same way Walmart did because they didnt have the same storage. This made Walmart the store with "always low prices". After Walmart got a big enough consumer base they were able to move to larger cities and compete with larger stores. This was a great way to start of a multi-national company.