Todd Graves opened the first Raising Cane's in Louisiana on August 28, 1996. He wrote a business plan for a chicken fingers chain as a college assignment. AdvertisementWhile attending Louisiana State University in the mid-1990s, Todd Graves wrote a business plan for a fast-food restaurant that sold only fried chicken tenders. He worked to raise his own funds and eventually opened his chicken tender restaurant Raising Cane's in 1996. AdvertisementHere's how Graves turned a bad grade into a billion-dollar business.

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Persons: Todd Graves, Cane's, Graves, —, Graves didn't Organizations: Bloomberg, Service, Louisiana State University Locations: Louisiana