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  • Why Chick-fil-A is so successful?

    Chick-Fil-A is one of the largest American fast food restaurant chains and the largest whose specialty is chicken sandwich Chick-Fil-A was founded in 1946 nearly seventy-five years. With over 2,774 restaurants, locations, and $11 billion in annual sales, the Company has grown to become the largest quick-service chicken restaurant (QSR) while generating more revenue per restaurant than any other fast-food chain in the United States. Given Chick-Fil-A’s success to date, I chose to further investigate the business in order to identify the core drivers of its success. Many of the company's values are influenced by the Christian religious beliefs of its late founder, S. Truett Cathy, a devout Southern Baptist. Reflecting a commitment to Sunday Sabbatarianism, all Chick-fil-A restaurants are closed for business on Sundays, as well as on Thanksgiving and Christmas Day. Even with fewer working days, they beat the profit per store of any other QSR brand. Each Chick-fil-A restaurant brings on an average of $5.4 million in sales revenue. Compare to McDonald who comes in second place bringing $2.1 million in sales revenue. Let's breakdown and understand how Chick-fil-A is so successful: 1. Simple Menu Their menu option is relatively very small compared to its completion with only 12 addition compare to the industry average addition of about 35. This means the franchisee doesn't have to spend a lot on training the staff and the orders are quickly freshly made since it is a small menu. And cause Low food wastage that means for profit for the company & franchisees. 2. Customer Service A critical component of Chick-Fil-A’s success is its uncanny focus on customer service. The Company prides itself on going the extra mile by providing amenities to customers that are not common in a quick-service restaurant. Amenities such as offering fresh ground pepper, refilling drinks, or carrying heavy trays for customers, are all common practices. Employees are instructed to not say you're welcome but instead to say my the pleasure that phrase and the overall positive attitude was emphasized by Truett Kathy himself to a point where it's become part of their identity it's pretty simple customers want to be in that environment so they keep coming back leading to high sales in packed. 3. Ordering Process Many Chick-fil-A restaurants use a practice known as upstream ordering where an associate will take a customer's order while they're still waiting in line. This is very different from other QSRs where in Drive-Thrus you have to speak to a speaker to order food, This sometimes results in miscommunication. You can also order before in Chick-fil-A's mobile app and website which give customer loyalty points like Starbucks. 4. Growth & Franchise Unlike other fast-food chains whose franchisees typically spend approximately $1.9 million in start-up costs, Chick-fil-A franchisees need only a $5,000 initial investment to become an operator. The Company funds the entire cost of its new restaurants (~$3 million) and selects all store locations. As a result, Chick-fil-A retains ownership of the restaurant, gets 15% of sales (versus 8-10% at most franchises), collects rent on the property, and splits the remaining pretax profits 50/50 with the store operator. A typical operator earns >$100k a year. By providing a lucrative profit-sharing arrangement for operators, Chick-Fil-A is able to attract highly motivated individuals who will drive sales and remain loyal to the Company. By maintaining ownership of its units, Chick-Fil-A retains the power and flexibility to upgrade restaurants, launch new products, and/or change operators when deemed necessary – a luxury not typically realized by other fast-food franchises. In summary, Chick-fil-A has mastered the QSR space by creating great alignment in both its business and operating models. The company’s strategy, people, and operations are highly synchronized, resulting in great-tasting fried chicken sandwiches (and waffle fries) for all to enjoy!

  • Top Cryptocurrency to HOLD in 2022

    What Cryptocurrency you should hold in a bear market? Scroll to Learn. Before investing in any cryptocurrency know this is it is a very volatile market, your crypto holdings may go up or may go down. Last year, Bitcoin went up to 90% at beginning of 2021 and then lost 60% of its value the next month and then again went up to 92% again, and then lost 50% of its value again!. I hope you understand what kind of volatility crypto is having said that if you want to invest in 2022, Here is a list of cryptocurrencies that have good fundamentals and business and may go up - - Avalanche ($AVAX) Marketcap - $23,015,312,829 | Price - $95 | Volume - $825,807,687 Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. Avalanche is blazingly fast, low cost, and eco-friendly. Any smart contract-enabled application can outperform its competition by deploying on Avalanche. - Solana ($SOL) Marketcap - $43,880,662,386 | Price - $140 | Volume - $1,616,375,272 Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (Defi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland. - Polygon ($MATIC) Marketcap - $16,608,230,274 | Price - $2.32 | Volume - $2,104,101,576 Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. - Uniswap ($UNI) Marketcap - $10,161,617,946 | Price - $16.5 | Volume - $239,368,474 Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (Defi) tokens. Uniswap aims to keep token trading automated and completely open to anyone who holds tokens while improving the efficiency of trading versus that on traditional exchanges. - Ethereum ($ETH) Marketcap - 387,182,032,377 | Price - $3,249.79 | Volume - $15,454,766,111 Ethereum enables secure digital ledgers to be publicly created and maintained. Bitcoin and Ethereum have many similarities but different long-term visions and limitations. Ethereum was conceived in 2013 by programmer Vitalik Buterin.

  • What is DeFi? Top 5 DeFi Tokens to BUY

    Cryptocurrency is the future of Finance, Learn about DeFi What Is Decentralized Finance? Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes the control banks and institutions have on money, financial products, and financial services. Some of the key attractions of DeFi for many consumers are: It eliminates the fees that banks and other financial companies charge for using their services. You hold your money in a secure digital wallet instead of keeping it in a bank. Anyone with an internet connection can use it without needing approval. You can transfer funds in seconds and minutes. Here is a list of DeFi Tokens arranged by their Market Cap : 1. Terra ($LUNA) Market Cap: $28,349,446,622 | Price (LUNA): $79.41| Total Supply: 828,506,332 Terra's native currency Luna was made for governance and mining and used to issue stable coins, pay network fees, and participate in governance votes. It is a versatile token in the network that is extremely important in the rise of the terra platform. 2. Avalanche ($AVAX) Market Cap: $23,455,700,447 | Price: $96 | Total Supply: 395,891,290 Avalanche has been a relatively younger player in the DeFi space. But, its rapid rise has made it a tough competitor. Now, after going against the broader market trend, it’s cementing itself to be a top-tier asset. Avalanche is a layer-one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals and aims to unseat it as the most popular blockchain for smart contracts. 3. Chainlink ($LINK) Market Cap: $12,455,700,447 | Price: $26 | Total Supply: 1,000,000,000 It is a decentralized blockchain network built on Ethereum. It uses an oracle network that allows the blockchain to interact with data that is off-chain (outside the blockchain), bridging the gap between conventional data and a decentralized environment. Simply put, it provides critical information present outside the blockchain to smart contracts. This helps smart contracts receive data like payments, temperature from a sensor, and even scores from a football game. The Chainlink network consists of large data providers and node operators feeding information to the smart contracts in the blockchain. Users in the network can act as node operators to earn revenue in the blockchain’s native token LINK. 4. Cardano ($ADA) Market Cap: $42,461,305,416 | Price: $1.27 | Total Supply: 33,968,614,581 Cardano (ADA), one of the world’s largest blockchain projects, is sometimes called the “Green Blockchain” because of its impressive energy use reports and proof of stake protocol. Cardano announced last month that it’s getting an ecosystem boost from its recent $100 million investment in decentralized finance, NFTs, and blockchain education. 5. Polkadot ($DOT) Market Cap: $26,916,864,793 | Price: $27.26 | Total Supply: 1,103,303,471 It facilitates an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain. This makes Polkadot, and projects who choose to build on Polkadot, much faster and scalable than Ethereum’s current offering. By acting as a foundation for DeFi projects to build upon, it’s aiding the growth and potential of the network as a whole.

  • Barstool Sports $5 Billion Valuation - Explained

    Barstool Sports is a digital media and betting company that produces content focused on sports and pop culture. Founded by David Portnoy in 2003 in Milton, Massachusetts, the company's two primary investors are Chernin Group and Penn National Gaming. Barstool Sports is currently valued at $450 Million after its deal with Penn National Gaming, which purchased a 36% stake in Barstool Sports for $163 million. They also have an option to fully acquire the company within 3 years. Currently, Penn National only has a year to acquire the company but at what valuation should they purchase? If we compare Barstool Sports valuations as a media company - - Vox Media (Worth - $10 Billion) Vox Media is the parent company of New York Post, The Verge, Vox, Complex, etc. Vox is currently on a buying spree and planning to list on the stock market next year. - Buzzfeed (Worth - $800 Million) After their horrible debut in the stock market, Buzzfeed valuation has dipped from $2 Billion - VICE Media (Worth - $5.7 Billion) Vice is probably the most successful media company in attracting organic viewers to their website and tv shows. Their annual revenue is close to $1 Billion (Last report - 2016) As you can see, Barstool Sports is highly undervalued if we compare them as a media company. Let's also compare them in Google Trend... As you can see, The top search query is New Post's Vox Media, In second place we have - Buzzfeed which recently got listed, and then surprisingly Barstool Sports who passed Vice Meda by 14 points. Reminder: All the other companies are focusing on attracting a worldwide audience, whereas Barstool Sports focuses only on the US which gives it a lot of space to grow. Barstool Sports is also a betting company if we compare it to other betting companies like FanDuel (Worth - $1 Billion), DraftKings ($16 Billion). Barstool Sports is far more popular than its competitors but lacks in terms of revenue. But unlike DraftKing and Fanduel, They are still growing their betting business with help of Penn National Gaming. And recently opened a Barstool Sports Bar in Chicago. Barstool's annual revenue is $150 Million (Last report -2020) which it earns from various sponsorships, ads on its website, merchandise, etc. It pulls 1B+ monthly visitors across - Digital, Social, Audio, and Video. This makes them one of the most popular social media company after 9Gags and F*ck Jerry. But the thing which makes them the most unique is their fans who religiously watch them for years. At last, Barstool Sports is a media and betting company with over 140M+ followers and 105+ original homegrown shows and podcasts which get over 1B+ monthly views. Barstool Sports should have a valuation of over $5 Billion. Even Dave Portnoy, Founder of Barstool Sports agrees the company is highly undervalued and should be valued somewhere around $4.5 Billion.

  • YouTuber launches a Christmas Tree strapped with a rocket 300ft in Air

    YouTuber launches a Christmas Tree strapped with a rocket 300ft in Air. Watch Video. So recently while binging YouTube I came across a video titled "We Shoved A Rocket Motor Into A Christmas Tree" by my favorite youtube channel "BPS.Space" where they mount an actual Christmas tree with a rocket motor. The Christmas rocket was 7 feet tall and 40 pounds (18 kgs). The video was in collaboration with Xyla Foxlin & Joe Barnard and was sponsored by SimpliSafe. Watch the video is a Youtube channel and a rocket component company that develops model rocketry components, aimed at closely matching the pace of advancement in the space-launch industry. It is run by Joe Barnard studied Audio Engineering at the Berklee College of Music, and after he saw the ambition of SpaceX, he wanted to work in aerospace, but knew it would be a challenge getting a job with no experience. So he started BPS in 2015 to achieve VTVL of what was supposed to be a scale Falcon 9 rocket, figuring that a display of similar ambition and achievement against decent odds would impress SpaceX and might get him a job. Since beginning the project, the focus of BPS has shifted. VTVL is still a primary goal, but the aim now is to use it to continue development in the advanced rocketry community. Xyla Foxlin graduated in 2019 from Case Western Reserve University with a B.S.E in General Engineering and a concentration in Mechatronics and Creative Technology, as well as a minor in Studio Art. She began YouTubing in college with the channel Beauty and the Bolt, as a way to provide public maker spaces access to free tutorial videos. Visit her Youtube Channel. Support them - / Xyla Foxlin

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