Friday, November 26, 2010

Ray Kroc



-owner of mcdonald's
-sold the world on the concept of fast food
-lived in chicago
-was more ambitious than most kids his age
-started working in food services
-had no patience for school
-was a pitcher for baseball
-he joined the red cross ambulance school
-went back to school a few years later and lasted only one semester
-signed a contract with wal-greens
-sold a lot of mutimixers
-met the mcdonald brothers
-the brothers are the founders of mcdonald's
made a little hotdog stand
-then created mcdonald's the fast food restaurant
-made service faster after the war
-got on an american restaurant magazine in 1952
-less is more
-is 52 when he first hears about mcdonalds
-had to buy out a pre existing contract for mcdonalds
-he made monet renting out real estate
-ended his 39 year marriage
-met a new woman
-opened over 200 new restaurants
-was successful because he had a formula
-hamburger university
-tried to change things about the formula the borhters had made on the menu
-borhters wanted 2.7 million dollars cash to get bought out
-he wanted to get back at the brothers for not entailing the full details of the negotiation
-the brothers had to change their name to the restaurant that they kept
-got run out of business by kroc because he opened a brand new mcdonalds a block away
-wisdom of franchisee's
-got into the breakfast business for mcdonald's
-created ronald mcdonald
-married again march 8, 1959
-bought the san diego padres
-januarary 14, 1984 died of heart failure
-1 in every 8 have worked at mcdonalds in america

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