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Real-life Success Stories Business Articles | January 29, 2007
I would like to share with you how some people managed to take over and tweek someone else's business in such a way that it is now generating millions of income annually. If you are very interested to start up your own business but do not have any idea the type of business you want to do, here's the good news - you need not start a business from scratch. You can buy someone elses' business that you think has potential, improve it and you'll be on your way to financial freedom.


Now, I like to share with you some real-life stories of ordinary people who tapped on other people?s business or simple ideas they have and turn them into money-spinning businesses :


McDonalds Restaurant

I?m sure everybody knows about the McDonalds fast food restaurant. Do you know the history behind it ? Here goes ? the present chairman Cheap Jim Kelly Jersey , Ray Kroc, was not the creator of the famous McDonalds restaurant. The very first McDonalds restaurant was created by Dick and Mac McDonald in a very small shop in California. The McDonalds restaurant sold very high quality burgers at a very cheap price.

However, the McDonald brothers did not see the potential of the restaurant and it was bought over by Ray Kroc, who saw the potential of this business, for only $2.7million.

He franchised the business worldwide Dawson Knox Jersey , and within a short period of 6 years, there were about 20,000 franchised outlets worldwide, earning Ray Kroc millions of dollars in royalties !


Microsoft DOS

Many of us thought that the very first Operating System, the Microsoft DOS (Disk Operating System) Devin Singletary Jersey , was created by Bill Gates (the founder of Microsoft). The truth is that Bill Gates did not create Microsoft DOS, but he purchased the Operating System called ?QDOS? (what MS-DOS was based on) from Seattle Computer Products for a mere sum of $50,000. He then generated billions of dollars in revenue by licensing non-exclusive rights of the software to IBM and their clone manufacturers.


"Chicken Soup" Inspirational Books

The ?Chicken Soup? inspirational books you see in bookshops are not written by Jack Canfield and Mark Hansen. The stories in those inspirational books were written by hundreds of contributing writers. What Jack Canfield and Mark Hansen did was to compile the stories into ?Chicken Soup? books, and guess what ? It managed to fetch them over $160 million by publishing and selling these books worldwide !


Virgin Airways

Richard Branson found this business by chance when he was vacationing in Beef Island (part of Virgin Islands) with his wife. He and his wife were stranded in the airport when the local Puerto Rican flight got cancelled.

When caught up in situations like this, /url]