среда, 14 марта 2012 г.

A new star on the edge of the horizon

As a kid, I remember when McDonald's was on top of the heap in fast food restaurants. In fact, it had just about all of the market. It was unimaginable that another fast food chain would come along and try to compete with the burger powerhouse.

So, along came Burger King. The first Burger King in my town opened just a half block away from McDonald's. Then, next thing you know, there was a Wendy's, then a Taco Bell, which all have their own segment of the fast food market.

That same scenario replays itself everyday in many different industries. Just look at the changes in the automobile industry over the last 20 years.

Well, there's a terrific story in the golf …

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