https://www.youtube.com/watch?v=-Jr7wYVPkFs
McDonald’s is arguably the most successful restaurant in the world. The company is worth nearly $150 billion, and that number keeps climbing every day. But you may be surprised to learn that most of their money doesn’t come from their food sales. In today’s video, we’re going to be talking about how McDonald’s really makes its money.
? Useful resources we recommend:
7 Ways to Create a Sustainable, Passive Income for Life – https://wealth.yt/richdad
Best Crypto Online Courses: https://wealth.yt/cryptoversity
How To Profit From Crypto In A Short Time – https://wealth.yt/ultimatum
Get $25 Crypto Bonus & Earn up to 8.6% APY On BlockFi – https://wealth.yt/blockfi
Get 4 FREE Stocks On WeBull – https://wealth.yt/free-stocks
Secure Your Crypto Assets On Trezor – https://wealth.yt/trezor
Manage All Your Money Accounts From One Place – https://wealth.yt/capital
Get 50% Off Motley Fool’s Stock Advisor – https://wealth.yt/stock-advisor
Best Training On How To Launch A High-Ticket Online Business – https://wealth.yt/start-here
The Video & Music Library We Use: https://wealth.yt/elements
[Affiliate Disclosure – Our channel is viewer-supported: when you buy through those links, we may earn an affiliate commission at no extra cost to you. If you enjoy our content, and you’re interested in one of the resources above, please consider using our affiliate link. This channel is a personal project, and every little contribution will help us to keep it going. Thank you!]
▬▬▬▬▬▬▬▬▬▬
How McDonald’s Makes $21+ BILLION A Year (It’s Not What You Think)
#McDonalds #Investing #Entrepreneurship
1:10 – How McDonald’s was founded by brothers Richard and Maurice McDonald, and their unique “Speedee service system”
2:37 – How everything changed with the arrival of entrepreneur Ray Kroc
3:27 – Why food, toys, and limited time promotions help but aren’t McDonald’s main moneymaker
5:35 – Why McDonald’s is in the real estate business
6:15 – How franchising works
7:22 – How much does it cost to open your own McDonald’s franchise
8:50 – Why McDonald’s biggest strength has been their overall ability to evolve and change
Back in the 1950s, the entrepreneur who would eventually turn McDonald’s into a global business, Ray Kroc, had a lot of big ideas for the restaurant. The biggest one can be summed up in a single word.
“Franchise, franchise, franchise, franchise, franchise.”
The food at McDonald’s has always sold like hotcakes but once the restaurant started franchising, things changed. For decades, entrepreneurs have been dreaming of opening their own McDonald’s. But owning a franchise isn’t as easy as you think.
In order to open your own McDonald’s franchise business, you need the following: invest $250,000-$500,000 in non-borrowed cash, the financial stability to borrow up to $1,700,000 extra, $45,000 to pay McDonald’s right away. Then you have to do a nine-month intensive training course on how to run a McDonald’s business.
Entrepreneurship isn’t easy: on paper, the desire to own a part of a successful, globally known business has obvious appeal. But things that are appealing may come with consequences. In the case of a McDonald’s franchise business, the consequence is the financial strain it can put on the investor.
▬▬▬▬▬▬▬▬▬▬
? Related videos you might like:
How Much Mcdonald’s Franchise Owners Really Make Per Year – Mashed
https://www.youtube.com/watch?v=kr_iqkRcLHU
How Does SpaceX Make Money? – Tech Vision
https://youtu.be/gu8LU46oVUM
10 Things About McDonald’s McRib 2020 That You NEED To Know – BabbleTop
https://youtu.be/sXnzx6Qz_dw
2021 Predictions for Entrepreneurship (from an Entrepreneur’s Perspective) – Pat Flynn
https://youtu.be/ipjnRgOrk08
Tesla Stock CRUSHES S&P 500 Returns (RIP index investing) – Solving The Money Problem
https://youtu.be/UFI9SKN_5cE
▬▬▬▬▬▬▬▬▬▬
? Get videos like this every week: http://wealth.yt/subscribe
Wealthy Value is an educational platform about business, global economics, and financial education. We help investors, entrepreneurs, and anyone looking to master the future of finance.
? Subscribe here: http://wealth.yt/subscribe
▬▬▬▬▬▬▬▬▬▬
Copyright Disclaimer: Wealthy Value is a web channel intended to provide business knowledge through video essays and analytical compilations. It is intended primarily for the purpose of encouraging informed discussions, criticism, and review of business topics and towards such purpose, the programs use short extracts of cinematographic films, sounds recording, and photographic works. These clips and extracts are of a minimal nature and the use is not intended to interfere in any manner with their commercial exploitation of the competition for work by the owners of the copyright. The use of works is in compliance with the fair dealing exception provided under Sec. 52 of the Copyright Act, and we asset our use of the works under the exception provided for criticism and review.