Family and friends were always clamoring for her chocolate chip cookies and she began to wonder if there might be a future in her own original recipe.

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Presentation transcript:

Family and friends were always clamoring for her chocolate chip cookies and she began to wonder if there might be a future in her own original recipe for America’s favorite treat. Those same family members and friends told this twenty-year-old woman that her ideas wouldn’t work. When she turned to bankers and other investors for help in setting up her own business, she found that these people shared the same opinion. Through hard work and diligence, Debbi Fields finally got a loan and opened her first store, Mrs. Fields Chocolate Chippery. Business was slow and her husband’s prediction that she wouldn’t sell fifty dollars of cookies the first day looked likely to come true. Not one to give up, the amazing woman decided that people who tried her cookies would also buy them, so she went outside with a tray of cookies and gave one to each person who walked by. Her husband turned out to be right. She didn’t sell fifty dollars worth of cookies that first day; she sold seventy-five dollars worth! Since August 16, 1977, the day her shop opened in Palo Alto, California, Mrs. Fields has become one of the most successful business people in the world. She didn’t stop with just that one store, but opened dozens of others around the country. When Debbi Fields began offering more than just chocolate chip cookies to customers, she changed the name of her chain of stores to Mrs. Fields Cookies. Her business ideas brought tremendous success, and her company grew to over six hundred stores not only in the United States but also in countries around the world!

Debbi Fields even developed a business plan for getting her cookies to markets where she had no shops. Soon her factories were producing and selling thousands of packages of her famous chocolate chip cookies in grocery stores across the country. You have probably seen them and may have enjoyed these delicious snacks for Yourself. How does Debbi Fields explain her success; she gives credit to her pursuit of quality, not just high-quality ingredients for her cookies, but also the quality of service that her company provides to her customers and clients. When Debbi Fields says, “Good enough never is,” you can bet that she means it. This amazing woman’s success was achieved with more than a recipe and hard work, but also exceptional use of every technique and technology available. When she began expanding her company in 1989, Debbi and her husband, Randy Fields, were among the first manufacturers to utilize the latest computer technology as part of a business plan. Randy Fields developed computer software that reconfi gured her factories, shipping system, and all office tasks in such a way that the company required far fewer home office employees. Mrs. Fields, Inc. cut waste and dramatically improved efficiency and increased productivity. The computer system they developed became as famous as Debbi Fields cookies. Business leaders and educators came to study and then marvel at what the couple had accomplished. As a matter of fact, their computer system is now taught at Harvard University as the standard all businesses should strive to achieve.

Best-selling author and television star were later added to her list of titles. Debbi Fields wrote two hugely popular cookbooks. The first book 100 Recipes from the Kitchen of Debbi Fields achieved a significant first. No other cookbook had reached the number one spot on the New York Times bestseller list. Her second cookbook concerned another favorite American treat—chocolate. Together, these two books sold over two million copies. Debbi Fields also hosted her own weekly cooking show Great American Desserts. A hit on public television, the show inspired her third cookbook. By 1993, Debbi Fields found she wanted to change her life again. This time she wanted to put all her time and energy into her family. She sold her company and moved to Memphis, Tennessee, where she raised her own fi ve children and fi ve stepchildren she gained after her divorce and remarriage. However, she still keeps her hand in business affairs. Because of her achievements in the food industry, she was invited to become a member of the Board of Directors for Outback Steakhouse. WKNO asked her to join the board for their television and radio stations. Debbi Fields also continues her writing career, and has become activity in many charitable causes. After selling Mrs. Fields, Inc., Debbi Fields still takes part as a member and leader of the company’s board of directors. By 2000, Mrs. Fields Cookies, Inc. was estimated to be worth $450 million. She had truly made a unique mark on the world.

8. Which word BEST describes Debbi Fields’ approach to business? F.. methodical G. hurried H. determined I. Solitary 9. What influenced Debbi Fields to begin a career? (A) finding unhappiness in her marriage (B) writing her own cookbook (C) discovering something missing from her life (D) earning so much money from the Oakland Athletics

10. Which of the following is an example of an obstacle Debbi Fields turned into a business advantage? F. handing out cookies for people to taste since few people entered her new store G. using a bank loan to begin her first cookie store H. selling her business before its value dropped I. opening stores in areas where very few people lived and shopped 11. What is the MAIN drawback to Debbi Fields’ business? (A) Growth brings about new challenges. (B) Good recipes can be challenging to create. (C) Computers change constantly. (D) People have negative ideas about trying new foods. 12. What is the author’s purpose in writing this article? F. to teach new business owners the importance of advertising G. to provide entrepreneurs with a plan for starting a new business H. to demonstrate the necessity of always using quality products I. to entertain the reader with a story of one person’s ingenuity