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The Donut King: The Early Years of Ron Joyce
He grew up in rural Nova Scotia in a house without plumbing and a wood stove for heating. Today, he has eight cars, owns a $60 million golf club resort, and has so much money he has even offered to fly people on trips anywhere in the world if they can help improve his golf swing. How did Ron Joyce get to where he is today? He did it by building a tiny coffee shop by the name of Tim Horton’s into one of Canada’s most beloved and successful brands.

Ron Joyce Quotes
Ron Joyce Quotes

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Lesson #1: Expect But Do Not Accept Your Regrets
“In many ways I guess if I had to do it again, I wouldn’t have sold it,” says Joyce upon reflection of his 35 year career building one of the most successful businesses in Canadian history. “I would have stayed with it. But that is hindsight.”
Lesson #2: Winning Does Not Matter When You Love The Game
“When you find the niche you love, that becomes your passion,” says Joyce. “For me it was Tim Hortons. It was my world.”

Lesson #3: Create a Fresh Focus For Your Company
The moment Joyce assumed ownership control of Tim Hortons, he knew something had to change. His hockey star partner had a good idea in the coffee shop, but its success – or lack thereof – was speaking for itself. Joyce did everything he could to turn things around, from expanding the food menu to include sandwiches and altering the doughnut recipes, to adding iced cappuccinos to the drink list. But it was not until Joyce stumbled upon a unique business practice that the chain would begin to take off. The company’s new motto? “Always Fresh.”
Lesson #4: Build A Brand That Can Stand On Its Own
In both 2004 and 2005, Canadian Business magazine named Tim Hortons the best-managed brand in Canada. Joyce may no longer be with the company, but that honour is in no small part due to the successful marketing strategy that he initiated in the company’s early years. With a focus on grassroots and Canadian culture, Joyce created a brand that has inspired a nation’s pride and has stood the test of time.

Lesson #5: Learn The Fundamentals of Franchising
Joyce was Tim Hortons’ original franchisee, but it would not be for long. After working under Horton for a few short weeks, Joyce immediately realized that he was on his own. “It was clear that he didn’t know the business all that well and couldn’t help me with any of the problems we were having,” says Joyce. “Tim had no expertise whatsoever, so the burden fell squarely on me.” As a franchisee who had little support from Horton, Joyce began to understand exactly what it would take to run a successful franchise. And, that is exactly what he set out to do after Horton’s death.

Ron Joyce Quotes
Ron Joyce Quotes
Past or Future
Watching a rerun of "What Not to Wear" on The Learning Channel, I was struck by the dialogue between the individual being transformed and the cast of experts. While agreeing to follow the advice and input from these style-masters, "Joyce" was closed to the ideas presented of what she should wear, how her hair should be cut, and her make-up enhanced.
From Farmers Wife to Successful Woman in Business
Joyce McGeehee has been a farmer's wife most of her adult life and an EMS Paramedic. Her friends and family encouraged her to start her own cookie business because she's always enjoyed baking. Angelina visited this MOMtrepreneur at her new retail shop in Littlefield, Texas, to capture her story and taste her cookie dough!!
Joyce Hall Quotes
Joyce Hall Quotes
Fast Forward...
I am amazed at how frequently my friend Dr. Joyce Mills’ comment comes to mind: “When you know where you are you will know where you are going!” In my message for you today, it is imperative that you have that kind of clarity. I imagine it is easy for you to say, “I am here in this state today, but want to be in a very different one over the course of the next two years.” The clarity about where you are will help you decide the steps necessary to get where you are going!
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