Many large corporations like Coca-Cola, Nike, and McDonald’s were started many years ago by visionary entrepreneurs who identified market needs and developed innovative products or services.
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Coca-Cola was founded in 1886 by Dr. John Stith Pemberton, a pharmacist in Atlanta, Georgia. He created the beverage originally as a medicinal tonic.
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Nike was co-founded in 1964 by Phil Knight and Bill Bowerman. The company initially started as Blue Ribbon Sports, focusing on distributing Japanese athletic shoes before evolving into designing its own products.
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McDonald’s was originally started as a restaurant in 1940 by Richard and Maurice McDonald in San Bernardino, California. The brand was later expanded into a franchise by Ray Kroc in the 1950s, who played a pivotal role in its global success.
These companies grew significantly over the years, driven by innovation, effective marketing, and a strong understanding of consumer preferences.