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J.K. Rowling. She wrote a book while living in a small place on welfare. That book went on to become the Harry Potter franchise. Ms Rowling is a billionaire now.
Richard Branson of the Virgin brand. He might have been born into a nice family but he ended up poor and working out his own way to make money.
Chris Gardner started life with a bad family situation. He ended up leaving home and eventually joined the Navy. He got married had a son and started selling medical supplies. That went south and his marriage ended. He was raising his son on the streets and found that stock brokers made good money. Using his son as an inspiration he was able to get his license to sell stocks. You may have seen the movie about him starring Will Smith.
H. Wayne Huizenga was in a home that had an abusive father for a parent. His situation was not very good in life. After a stint in the Army he ended up finding a truck and started hauling trash. That eventually became Waste Management. He also used the money he made to purchase a small chain of video stores called Blockbuster. He grew that business and merged it into another company he started called Viacom. Something about Wayne is he is a master of getting out of a deal. He had sold all of his holdings in Blockbuster long before the company failed.
Jim Carrey was a kid that had to work an 8 hour day while attending school just so he could help his family have the money to live in a camper. All of them that could worked for little of nothing. He ended up dropping out of school and was able to get a side job doing stand up. It did very well for him.
This list can go on and on about people that did what they needed to do to get out of poverty.
How does a few people getting out of poverty prove anyone can? Why don' t you tell us about all the people who did not get out of poverty?
It's in McDonald's interest for an employee to improve their performance and knowledge. It's not in their best interest for employees to never improve.
40% of McDonald's Executives Began as Hourly Workers
It's in McDonald's interest for an employee to improve their performance and knowledge. It's not in their best interest for employees to never improve.
40% of McDonald's Executives Began as Hourly Workers
They are obviously smart enough that whatever job they do they would succeed that is not true of everyone not proves anyone can move up to be an Executive.
That is great but you did not answer my question how many people from one location can be manager?
Your question wasn't directed at me. I doubt anyone on this board really knows.
McDonalds has seven offices in the United States if I remember correctly. Each of them large. They have a tall organizational structure which implies that they are heavy in middle management. I would imagine that they have several hundred managers at each location.
Your question wasn't directed at me. I doubt anyone on this board really knows.
McDonalds has seven offices in the United States if I remember correctly. Each of them large. They have a tall organizational structure which implies that they are heavy in middle management. I would imagine that they have several hundred managers at each location.
McDonalds has more then 14,000 stores in the U.S. alone. Even there were only 5 people working there would not be enough manager positions for all of them.
McDonalds has more then 14,000 stores in the U.S. alone. Even there were only 5 people working there would not be enough manager positions for all of them.
The retail stores are not part of McDonalds Corporation. The corporation (which suebee123 was talking about) has only seven office locations. The CEO the OP referred to only runs McDonalds Corporation. Not the retail stores.
McDonalds has more then 14,000 stores in the U.S. alone. Even there were only 5 people working there would not be enough manager positions for all of them.
They hire 7.5 people for every 5 people at that store in a year. If 1 person stayed at that store for a year, they would be the only person eligible for promotion. The other people have saved up enough for Christmas, going back home, graduated college, etc.
I mentioned welfare because that would mean that the individual is eligible for the maximum amount of federal aid (and possibly maximum state aid).
Pell Grant is capped at $33,300 over a six year period.
The maximum federal direct loan Is $57,500.
As an example, I'll give my state's limits. These will obviously vary by state.
Maximum state grant is $71,748 over six years.
If you cannot finish college in six years, then you should not be attending.
??? What if you can't afford to finish college in six years? I mostly worked my way through college (earned 80+ percent of expenses) with no grants and low borrowing and taking two classes at a time.
J.K. Rowling. She wrote a book while living in a small place on welfare. That book went on to become the Harry Potter franchise. Ms Rowling is a billionaire now.
Richard Branson of the Virgin brand. He might have been born into a nice family but he ended up poor and working out his own way to make money.
Chris Gardner started life with a bad family situation. He ended up leaving home and eventually joined the Navy. He got married had a son and started selling medical supplies. That went south and his marriage ended. He was raising his son on the streets and found that stock brokers made good money. Using his son as an inspiration he was able to get his license to sell stocks. You may have seen the movie about him starring Will Smith.
H. Wayne Huizenga was in a home that had an abusive father for a parent. His situation was not very good in life. After a stint in the Army he ended up finding a truck and started hauling trash. That eventually became Waste Management. He also used the money he made to purchase a small chain of video stores called Blockbuster. He grew that business and merged it into another company he started called Viacom. Something about Wayne is he is a master of getting out of a deal. He had sold all of his holdings in Blockbuster long before the company failed.
Jim Carrey was a kid that had to work an 8 hour day while attending school just so he could help his family have the money to live in a camper. All of them that could worked for little of nothing. He ended up dropping out of school and was able to get a side job doing stand up. It did very well for him.
This list can go on and on about people that did what they needed to do to get out of poverty.
I was all geared up to take the Series 7 exam after reading your post (to prove I could pass it), then I did some research and learned a brokerage firm would have to hire me before I could sign up for it.
??? What if you can't afford to finish college in six years? I mostly worked my way through college (earned 80+ percent of expenses) with no grants and low borrowing and taking two classes at a time.
I don't know whether you're familiar with how financial aid works. It's 6 years of od enrollment. So if you're enrolled full time, then it is 6 years. If you are enrolled part time, it can take up to 12 years to reach the 150% cap.
Assuming you were in financial need, you could have stopped working and went full time off of grants and loans to finish faster and get into the workforce sooner.
I don't really understand how students get an education part time while working full time.
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