presented by Large Companies Started With A Small Loan
Mar 25, 2016
presented by
Large Companies Started With A Small Loan
Few people realize that some of today’s business giants actually started by taking a loan.
Large Companies Started With A Small Loan presented by
Face your fears and doubts, and new worlds will open to you. - R. Kiyosaki
We may be left wondering how this was possible, considering their current size and financial success.
Large Companies Started With A Small Loan presented by
The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way. - R. Kiyosaki
But, as rhetoricians long ago noted, if we get to know our audience, we usually find that they are all humans, just like ourselves!
Large Companies Started With A Small Loan presented by
Photo credit: Robert Scales / Foter.com / CC BY-NC-SA
Risk comes from not knowing what you're doing - Warren Buffett
Getting to know the stories of such businesses can therefore be inspiring...
Large Companies Started With A Small Loan presented by
Starbucks
Photo credit: Unitopia / Foter.com / CC BY-NC-ND
There are no secrets to success. It is the result of preparation, hard work, and learning from failure - Colin Powell
...it can show us how a little entrepreneurial flair and the right loan can go a long way.
Large Companies Started With A Small Loan presented by
Photo credit: Nicholas_T / Foter.com / CC BY
Attitude is a little thing that makes a big difference - Winston Churchill
In the right situation, taking a loan to start a business can be a very profitable life-changing decision.
Large Companies Started With A Small Loan presented by
Failure doesn't mean you are a failure it just means you haven't succeeded yet. Robert H. Schuller
Consider Starbucks – today, the company’s revenue is around $10 billion per year.
Starbucks
Large Companies Started With A Small Loan presented by
Starbucks
Starbucks had 137,000 employees in 2010 (twice the population of Greenland)
Did you know that when they started out in 1971, Jerry Baldwin, Zev Siegel and Gordon Bowker each had invested $1350 in the project?
Starbucks
Large Companies Started With A Small Loan presented by
Starbucks
The average Starbucks customer visits the store 6 times per month.
Photo credit: Foter.com / CC BY-SA
Shortly after that, they borrowed another $5000 from the local bank.
Starbucks
Large Companies Started With A Small Loan presented by
Starbucks
The average Starbucks customer visits the store 6 times per month.
Photo credit: visualpanic / Foter.com / CC BY
Starbucks
Large Companies Started With A Small Loan presented by
Starbucks
It wasn’t until they started making the coffee, tea and other drinks inside the store...
А loyal 20% of customers go to the stores 16 times per month
Photo credit: Adam Smith / Foter.com / CC BY-SA
Starbucks
Large Companies Started With A Small Loan presented by
Starbucks
...that the business really skyrocketed – instead of just selling the beans as they did initially.
There are over 87,000 possible drink combinations at Starbucks
Photo credit: Nick Humphries / Foter.com / CC BY-NC-ND
They grew so much that at one point they were opening a new store somewhere each day.
Large Companies Started With A Small Loan presented by
Starbucks
Starbucks uses over 93 million gallons of milk per year...
Photo credit: Peter Dutton / Foter.com / CC BY
But maybe if they hadn’t taken the risk, we would have never experienced Starbucks coffee!
Starbucks
Large Companies Started With A Small Loan presented by
Starbucks
...enough to fill 155 Olympic-sized swimming pools
Dell’s story is even more compelling...
Starbucks
Large Companies Started With A Small Loan presented by
Dell
Dell currently employs 110,000 people worldwide.
Photo credit: Ninjakeg / Foter.com / CC BY-SA
Interestingly enough, Dell started out with an investment of $1000.
Starbucks
Large Companies Started With A Small Loan presented by
Dell
Last year the company ranked 44 on the Fortune 500 and had revenue of $62.1 billion.
Photo credit: Eustress / Foter.com / CC BY-SA
While he was at the University of Texas in 1984, Michael Dell founded the company and initially ran it from his dorm room.
Starbucks
Large Companies Started With A Small Loan presented by
Dell
Michael was buying his own parts and assembled cheap machines which he sold to his classmates.
Photo credit: Joi / Foter.com / CC BY
When the company made the Fortune 500 for the first time in 1992, Michael was the youngest (27) CEO to ever lead a company on the list.
Starbucks
Large Companies Started With A Small Loan presented by
Dell
He later decided to drop out of college and commit to the business full-time.
Domino’s Pizza dates back to the 1960′s when it was started by Thomas & James Monaghan in Michigan.
Large Companies Started With A Small Loan presented by
Domino’s
In March 2010, Domino’s Pizza opens its 9,000th store worldwide
After a tough childhood in orphanages and foster homes, and dropping out of college because he could not pay the fees, one day Tom Monaghan decided he would start a pizza shop with his brother.
Large Companies Started With A Small Loan presented by
Domino’s
Approximately 3 billion pizzas are sold in the U.S. each year
Photo credit: “Caveman Chuck” Coker / Foter.com / CC BY-ND
They too started out with a loan – they borrowed $900 from a local bank. A year later, James decided he would leave the business and so Tom continued alone.
Large Companies Started With A Small Loan presented by
Domino’s
Each man, woman and child in America eats an average of 46 slices of pizza each year.
Photo credit: Hindustanilanguage / Foter.com / CC BY-SA
Now Domino’s is represented in 55 countries worldwide and last year it had a revenue of $264,9 million.
Large Companies Started With A Small Loan presented by
Domino’s
The three dots in the Domino’s Pizza logo represent the first three Domino’s stores.
Photo credit: Ed Yourdon / Foter.com / CC BY-NC-SA
Whole Foods started in 1978 in Austin, Texas and was then called Safer Way.
Large Companies Started With A Small Loan presented by
Whole Foods Market
Today the company has more than 340 stores, throughout the UK, Canada and US
Photo credit: Wikipedia
In order to open the store, the founder John Mackey and his girlfriend got a $45,000 loan from family and friends.
Large Companies Started With A Small Loan presented by
It's the eighth largest food and drug store in the U.S.
Photo credit: Coolcaesar / Foter.com / CC BY-SA
Whole Foods Market
A year later they were evicted from their home because they were storing the food products at home.
Large Companies Started With A Small Loan presented by
Whole Foods Market
It has $11.7 billion in sales in fiscal year 2012
Photo credit: david_shankbone / Foter.com / CC BY
They then moved on to live in the store where they even used the Hobart dishwasher for taking showers because the store was meant for commercial use only.
Large Companies Started With A Small Loan presented by
It has more than 73,000 team members.
Photo credit: Masahiro Ihara / Foter.com / CC BY
Whole Foods Market
After a merger with another natural foods store, Whole Foods Market was officially opened on September 20, 1980 in Austin.
Large Companies Started With A Small Loan presented by
Every reusable Better Bag they sell is made from 80 percent post-consumer recycled plastic bottles.
Photo credit: That Other Paper / Foter.com / CC BY-SA
Whole Foods Market
By the mid-1980′s they were already expanding to other cities and 25 years later, in 2010, their revenue was $9 billion.
Large Companies Started With A Small Loan presented by
It has been among Fortune Magazine’s “100 Best Companies to Work For” every year since the list began.
Photo credit: needoptic / Foter.com / CC BY-ND
Whole Foods Market
“There is only one boss – the customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.”
Sam Walton, founder of Walmart
Large Companies Started With A Small Loan presented by
Sam Walton literally put this idea of his into practice, as he implemented a heavy price cutting strategy, hoping that he would sell more that way.
Walmart
Sam made sure his shelves were always stocked with a wide range of products and also focused on smaller towns rather than large cities.
Large Companies Started With A Small Loan presented by
Each week nearly one-third of the U.S. population visits Walmart's U.S. stores.
Photo credit: ratterrell / Foter.com / CC BY-NC-ND
Walmart
But it all started in 1945 when he left the military, got a $20,000 loan from his father-in-law and bought his first shop in Newport, Arkansas.
Large Companies Started With A Small Loan presented by
Walmart is the largest overall employer in the USA, and the biggest employer in 25 states.
Photo credit: history8project
Walmart
In three years his sales grew from $80 to $225,000. In 2012, Walmart’s revenue equaled $446 billion.
Large Companies Started With A Small Loan presented by
Walmart parking lots alone take up roughly the size of Tampa, Florida.
Photo credit: Walmart Corporate / Foter.com / CC BY
Walmart
More than anything else, the point in all of the above examples is that businesses do not necessarily require big capital to get started.
Large Companies Started With A Small Loan presented by
The secret of getting ahead is getting started - Mark Twain
Photo credit: deanmeyersnet / Foter.com / CC BY
Rather, it is courage and personal entrepreneurial qualities that turn a garage-store into a world famous brand.
Large Companies Started With A Small Loan presented by
You have to be smart. The easy days are over - Robert Kiyosaki
Photo credit: Nicobobinus / Foter.com / CC BY-NC
Please visit our site:http://www.zillidy.com
Large Companies Started With A Small Loan presented by
Photo credit: Apogee Photography / Foter.com / CC BY-NC-ND
Thank You!
Zillidy is a Canadian alternative finance company that provides personal asset loans using jewelry, luxury watches, gold and precious metals as collateral.