13A- Reading Reflection No. 1
Grinding It Out: The Making of McDonald's by Ray Kroc
1.
When reading this biography, I was surprised
most by the fact that McDonald’s began as a single restaurant in California by
two brothers and an outsider stepped in and was able to expand the fast food restaurant
to what it is today. What I admired most about Ray Kroc was his ability to make
it through times of failure. In the biography he stated that his times as a
salesman could be unstable and that he attempted certain things that fell
through, like real estate and playing the piano at a local bar. I least liked
that it took someone else’s business for Kroc’s entrepreneurial dreams to come
true. It was quite impressive how he was able to grow McDonald’s, but it could’ve
been even more impressive if McDonald’s was his idea to start with. It seems
Ray Kroc experienced ample adversity and the way he handled it was by not
giving up. He kept pushing in what he was doing, and it led him to bigger and
better things. For example, the company he was selling paper cups to did not
want to give him a fair deal when he introduced the Multimixer to them, he
ended up sticking with the income they promised him even though it wasn’t very
generous and it ended up leading him to the opportunity that arouse with the
McDonald Brothers.
2.
Kroc obtained an exceptional entrepreneurial mindset.
What I mean by this is that he was very good at identifying opportunities and
proposing a solution to it. There are ample examples of him exercising this
competency, like coming up with the idea of disposable cups and identifying
that the Multimixer would be a product that sells well.
3.
I found it confusing that Ray Kroc was just a
salesman and out of the blew expressed interest to help build a restaurant into
a franchise. It seemed like a whole different extreme from what he was used to
doing and then I got to the part in the biography where it was explained that
he felt helping the McDonald’s brother expand would give him the opportunity to
sell more Multimixers. The more McDonald restaurants that opened the more
Multimixers that were needed; therefore, the more money Kroc would receive.
4.
-Was there anyone else that was crucial to the
process of building the franchise other then the McDonald’s brothers?
-How do you go about splitting the
income fairly between the franchise owners, the brothers, and you?
5. I believe Kroc’s opinion of hard work was to
not give up. I think his motto was to keep going through the rough patches and continue in the
direction you’re in, instead of choosing a new direction. I share this opinion
because I believe in finishing what I started, even if it feels impossible
because I feel it will lead to a discovery that can make me successful and a
feeling of accomplishment.
Hi Brianna,
ReplyDeleteWell done with your blog post! I really enjoyed reading about your take on the rise of McDonald's and the role that Ray Kroc played in it. I believe it's very exemplary of the fact that, as a whole, entrepreneurship is less about the final destination (what we achieve) and more about the road that we take to get there and the experience that we gain along the way. This certainly has echoes in how you talked about how Kroc believes a lot in sticking it out and never giving up- the glory is found in the grind!
Hi Brianna!
ReplyDeleteI really enjoyed reading your post about Ray Kroc, he seems like a very driven individual, if not a bit scheming to achieve his goals of financial security. I though your identification of his tenacity was especially pertinent to this class, as his ability to continue pushing for business ideas after repeated failure is what we should have as entrepreneurs. Excellent job!