Monday,Nov9,

Creating Wealth is a numbers game

Sometimes, wealth creation is little more than a numbers game. Back in the 1950s, there was a McDonald's restaurant on a lonely country road and it did decent business.

Today, there are many, many thousands of McDonald's doing all these different restaurants solid performance gains that are created primarily by quantification.

In other words, each known by those thousands of individual McDonald's "kicking in" their profits in the collection asMcDonald's Corporation. These gains are well into the billions of dollars.

Now would be, where McDonald's if they remained that individual companies, the restaurant on desert road from California? It would probably be wiped off the map decades ago.

The reason that we all know about McDonald's today is because it was / is a company that understands the value of the expansion.

While there is certainly nothing wrong with carving your own niche in a particularBusiness venture, it would not extend somewhat bizarre your business when the time is ripe.

Remember, the business is a tendency for cyclical and when the opportunity is huge rewards in the form of business expansion should be given such an opportunity never be taken lightly.

Return to McDonald's, consciously, for example, the founder of the first restaurant to have their simple menu so many people wanted to eat quickly and go full.

If theynot expand when they realized that such a claim is not passed, and the need filled, they might miss their chance forever, and handed a multi-billion-dollar idea to someone else.

But it also needs to understand that there is a difference between right and expand on enlargement.

If you rush into an extension if there is little need or a limited customer base then you run the risk of your company in a financial burden, as youOverwhelm you. Yes, it would be great to sell one million U.S. dollars worth of widgets every year, but if you sell only 100,000 of them, then you have to cut back their expansion to the demand. Everything would be more fool-proof way for your company to see ba start bleeding red ink and that is clearly not the path to riches.

But if there is a demand for 100,000 widgets and you are producing only 10,000 of them ... what are you waiting for?

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