Time Managment

If someone knows your screwing up but doesn't tell you or try to teach you anything then that's when you know that they have given up on you. You might never get somewhere but at least you get a good experience and it will give you experience for things in the future. Leadership is a good skill set. Experience is what you get when you don't get what you want. He didn't like to do alot of text book work but more projects. another point is not to be arrogant because it will hold you back in life and you will never be able to achieve your full potential. Another good point he made was that if you really want something then you have to work hard to get it to get through the brick wall.

Reflecting on the experience

Problems that i encountered were almost everyday we ran out of our product and in the process of making our product we had a small grill which made our line ups get very big very fast and people had to wait awhile for their food. We also had a few products that did not sell very well at all. The lesson i learned in this week of selling is you should figure out what products will sell the best and just stick with those instead of buying so many different products. Like the freezies and pogo sticks did not sell well at all. I will apply this later in life because i will make sure i know what sells and what doesnt to garenteed a good product.

Dave Thomas

Dave Thomas was the founder of Wendy's fast food resuarant. Hes is well known for appearing in 800 commercial advertisments for the chain. Thomas opened his first wendy's in Columbus, Ohio. Thomas started to resign from the bussiness but after wendy's started to get in to trouble with new ideas he was brought back on board. As a kid he was adopted by Rex and Auleva Thomas. At 12 he got his first job in Knoxville, Tennesse but then lost it in a dispute with his boss. At 15 he was living in the Hobby House Restuarant. Thomas quit school and didnt graduate from highschool untill 1993. Thomas died at his home in Florida after a long battle with liver cancer. At the time of his death there were more than 6,000 Wendy's restuarants open in North America.

10 trends

1. Econonomic turmoil

2. Green Power

3. the Senior Project

4. Discount Retail

5. Local business

6. Education

7. Parental Outsourcing

8. Health and Welness

9. Texas

10. Affordable Alcohol

10.5 Pets

10. Afforbadable Alcohol

Some people will stay home because going to the clubs is very expensive because you also have to figure out the ride there and back and have to pay for it. Also people are staying home because its more comfortable and buying alcohol at the store is alot cheaper.

++Toms shoes/*

google

Google was started by two men named Larry and Sergei. Google turned search into a money making machine. The owners didn't mean to start it it just kinda happened. Any company could have had google but they didn't see it going anywhere so they rejected it. Before they could start it they had to figure out how links in cyber space work. number of quarries went to 10,000 a day then started to millions of quarries a day. Google became so responsive that it would take only a quarter of a second to get more than a million results. they started making lots of money when they figured out how to do advertising. Google seems to be a good place to work. They have great food for lunch and then they come up with new ideas everyday.

Arnold Swartzenegger

What i learned about Arnold is for one do what you love. Arnold loved body building and even though no one supported him and no one liked him doing it, but he kept doing it and it eventually brought him to fame. He had a good attitude about everything he did that led him to be the best. He also always set the bar very high witch kept him to be the best.

Blue ocean strategy

Blue ocean strategy is a business that has no competition.

Cirque de soliel is an example of a blue ocean strategy.

6 points of B.O.S are

1. Reconstruct market boundaries

make a complete new idea.

2.Focus on the big picture not the numbers

Focus on the final project.

3. Reach beyond exicting demand

reach beyond what the existing demand is.

4. Get the strategic sequence right

get the strategic sequence correctly done.

5. Overcome key orginiatizational hurdles

Ovecome the things that are in your way.

6. Build execution into strategy

the only way to beat the competition is to try to stop beating the competition. Industries never stand still. high blue ocean potential has three complementary qualities. If you get into a businness with no competition you have a very good chance of being sucessful. A good example of what a blue ocean strategy would be Cirque du Soliel. This blue ocean strategy company introduced a whole new form of live entertainment which had no competition at the time.