Blog
Articles, news, resources, and to help you become a better CEO...
McDonald’s Business Model Ten Times Better than Hardee’s?
In late February, THL Partners agreed to take CKE Restaurants (CKR) private in a transaction worth $694 million. CKE operates both Hardees and Carl’s Jr Restaurants. As you can see from the chart below, CKE operates about 3100 locations w…
Hooters Rethinks its New Family Friendly Business Model
Oops, Hooter’s may have decided it’s in the pretty girls business after all. As the video below shows, appearance of the waitresses is of the utmost concern to Hooters.
I would have sworn I saw the President of Hooters on the televisi…
Burger King Concedes to McDonald’s Business Model
In the latest round of the burger wars, Burger King has apparently given up. As you can see from the following commercial, Burger King has apparently run out of ideas and has changed its model to “Hey, we are not as good as McDonalds, b…
Blockbuster vs. Redbox Business Model
Coinstar, the parent company of Redbox announced record earnings this week. Net income tripled from the previous period. Clearly, Redbox’s $1 rental model with 20,000 locations is superior to Blockbuster’s retail store model.
In the…
Are You On Target?
A member of one of our CEO Focus groups in Maryland, Sam, was building a new home generator repair business. A "consultant" told him he should do radio ads to bring new customers. Off Sam went and spent $60,000 on radio ads! Did they work? Nobody knows, because they...
Being a Strategic King, Part I-Hire; by Barry Sea Siegel
I know most of you would rather not talk about hiring new people at this time, because you think it means adding to headcount. Increasing costs during a time of economic uncertainty is certainly not a wise choice. I’m also quite certain that many of you viewed the...
Sales System Or Sluggish Sales?
Michael Gerber, author of The E Myth Revisited, states that in a well run business, "systems run the business and people run the systems." Most of the time, we think of this in terms of a production system, or a human resources system, or an accounting system. But...
Twitter’s new business model
Twitter recently announced a significant change to their business model by introducing advertising on the site. Does this constitute a business model change? Yes! Twitter’s current business model has no revenue. Twitter’s new bu…
Is It Really Good to be The King? Part V by Barry Sea Siegel
As mentioned previously, it’s sometimes “good to be the king” provided you focus on, and wisely implement, the key strategies for small business success. Last week we touched upon the first four keys. Here are brief explanations of the remaining three. 5. PERSPIRE: To...
Why the Process of “Change” Often Fails by Tom Balistreri
It’s frustrating to see good ideas fade away when we know they are right for the business. Small organizations struggle with this problem more than larger organizations -- generally because people are spread thin, there are not as many “change agents” available and...
