Magic started out wanting to serve the black and Latino community in Los Angeles. He asked them what they wanted. They wanted entertainment in their areas. He built Magic Johnson theaters. The one in DTLA had the highest gross in the nation. AMC bought him out for a profit. He then wanted Starbucks in the inner city. He built 125 Starbucks. He said you must know your customer and over deliver. He changed the Starbucks desserts to meet the needs of his customers. He sold sweet potato pie and peach cobblers instead of scones. He ended up selling his Starbucks back to Starbucks for a profit. Then he got into sports franchises by buying into the Dodgers. He bought into the Sparks, LASC soccer, Lakers. Values have been growing like crazy in sports. Look at the latest Lakers sale. He hired the right people, people who are smarter than him. He said the future today is investing in tech and AI to help your business grow. Use Accio. Listen to the young, be open to change, protect your brand. He’s currently investing in infrastructure building cargo space in the Port of Los Angeles. #magicjohnson #marycummins #cocreatela #cocreate #alibaba #losangeles #losangelesconventioncenter #california #accio #lakers
Mary Cummins of Cummins Real Estate is a certified residential licensed appraiser in Los Angeles, California. Mary Cummins is licensed by the California Bureau of Real Estate appraisers and has over 35 years of experience.
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