Why did you start looking at international markets for ideas?
Replied byJim Keyes
Former CEO of 7-Eleven and Blockbuster at 7-Eleven
Niche: Retail, eCommerce, Production, Marketing
Revenue: $100K–$500K/month
Location: USA
Started: 1927
Back when 7-Eleven went through bankruptcy in 1991, the chairman told me to go all over the world and find things people need conveniently and bring those ideas back. So that's what I did. I started studying what worked in places like Sweden, Korea, and Japan.
0
From the Full Interview
This answer is part of a full interview with Jim Keyes, Former CEO of 7-Eleven and Blockbuster at 7-Eleven.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Jim Keyes's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
How did 7-Eleven start as a business?
By Jim Keyes
Retail, eCommerce, Production, Marketing
$100K–$500K/mo
What advice would you give someone wanting to start their own business?
By Jim Keyes
Retail, eCommerce, Production, Marketing
$100K–$500K/mo
What inspired you to become involved in businesses like 7-Eleven and Blockbuster?
By Jim Keyes
Retail, eCommerce, Production, Marketing
$100K–$500K/mo
What was the most challenging part of being CEO of 7-Eleven?
By Jim Keyes
Retail, eCommerce, Production, Marketing
$100K–$500K/mo
Why do you think 7-Eleven became such a successful brand globally?
By Jim Keyes
Retail, eCommerce, Production, Marketing
$100K–$500K/mo
What was the biggest innovation you brought to 7-Eleven?
By Jim Keyes
Retail, eCommerce, Production, Marketing
$100K–$500K/mo
If you had $200,000 to invest in a franchise, which one would you choose?
By Jim Keyes
Retail, eCommerce, Production, Marketing
$100K–$500K/mo