Quotes About Business

ostentatious

The best part of it for me personally was that every time I saw a new Walgreen's store going up it meant new business. This sort of multiplication was clearly the way to go. I spent less and less time chasing pushcart vendors around the West Side and more time cultivating large accounts where big turnover would automatically winch in sales in the thousands and hundreds of thousands.

I'd have a store with a row of vending machines in it. You'd push some buttons and out would come your Big Mac, shake, and fries, all prepared automatically. We could do that; I'm sure Jim Schindler could work it out. But we never will. McDonald's is a people business, and the smile on that counter girl's face when she takes your order is a vital part of our image.

It was not long after the "Fold-a-Nook" fiasco that I became intrigued by the stories of the McDonald brothers and their operation that kept eight Multimixers whirring up a bucket brigade of milk shakes out there in sunny San Bernardino.

Then I went over to the building and introduced myself to Mac and Dick McDonald. They were delighted to see me ("Mr. Multimixer" they called me), and I warmed up to them immediately. We made a date to get together for dinner that evening so they could tell me all about their operation. I

I've been in the kitchens of a lot of restaurants and drive-ins selling Multimixers around the country," I told them, "and I have never seen anything to equal the potential of this place of yours. Why don't you open a series of units like this? It would be a gold mine for you and for me, too, because every one would boost my Multimixer sales. What d'you say?" Silence.

Supplying buns to McDonald's was the break of a lifetime for many of these men. Mary Ann Bakery, for example, was a small organization when it started dealing with us. Now it has a plant with a quarter-mile-long conveyor belt for cooling buns after they're baked. The firm uses more than a million pounds of flour a month to make buns for us. Mary Ann also has a trucking company that services McDonald's.

I had to twist Harold Freund's arm repeatedly to get him to build a bakery just to service our California stores. Freund now has the largest, most automated bun plant in the world. It produces eight thousand buns an hour for McDonald's. It also has a plant in St. Petersburg serving all of Florida, and another serving all of Hawaii. Fred

The agreement gave me 1.9 percent of the gross sales from franchisees. I had proposed 2 percent. The McDonalds said, "No, no, no! If you tell a franchisee you are going to take two percent, he'll balk. It sounds too full and rounded. Make it one and nine-tenths, and it sounds like a lot less." So I humored them on that one. The brothers were to get .5 percent out of my 1.9 percent. This seemed fair enough, and it was.

This historic year of 1976 will see McDonald's Corporation surpass one billion dollars in total revenue for the first time. Casual students of business history may not realize the significance of the fact that this milestone will be reached during the twenty-second year of the company's history.

Look after the customer and the business will take care of itself.

One of my suppliers told me, "Ray, you know you aren't in the hamburger business at all. You're in the french-fry business. I don't know how the livin' hell you do it, but you've got the best french fries in town, and that's what's selling folks on your place.

Entonces ¿qué es la Singularidad? Es un tiempo venidero en el que el ritmo del cambio tecnológico será tan rápido y su repercusión tan profunda que la vida humana se verá transformada de forma irreversible. Aunque ni utópica ni distópica, esta era transformará los conceptos de los que dependemos a la hora de dar significado a nuestras vidas, ya sea en lo que se refiere a modelos de negocios o al ciclo de la vida (incluyendo la muerte).

The minute you try to talk business with him he takes the attitude that he is a gentleman and a scholar, and the moment you try to approach him on the level of his moral integrity he starts to talk business.

My family has big business background, and I like to stay busy, too.

I busted my butt all my life building companies.

Making a company fit to sell may be the only way to ensure you never need a buyer.

It's very difficult to run a business when you're buying something for $5 and selling it for $10.

We're talking to every third-party supplier every day of the week, and our traders are talking to them and buying products from them. When we're doing that, we see opportunities which no one else sees.

If you don't have women working for you, you really don't know what the people who are buying from you really want.

It's much more difficult running a business than buying one.

How much you accumulate is a byproduct of what you enjoy doing in life. And I enjoy buying companies.

Buying a company that is number one in its business is hard to do. When something is for sale, it's often not a leader.

On what possible basis would I want to stop someone from buying BHS if I had tried to save it?