Friday, May 13, 2011

Ray Kroc - fast food Millionaire

  • Ray Kroc was the ultimate competator
  • McDonalds is the most recognized brand around the world
  • He made himself a millionaire
  • he was born in chicago in 1902
  • He had a brother bob and sister loaraine
  • He lived in chicago
  • he was more ambitious that other kids
  •  He was 4 and he went to see a finologist
  • While in grammer school, he started a lemonade stand
  • and worked at a grocery store
  • He saw the world as one big place to sell to
  • He was always thinking of way to make more money
  • he wouldnt take no for an answer, his ideas were always possible
  • He spent many years loving baseball
  • Ray was looking for an excuse to quit school and when world war 1 came around
  • He joined the red cross to help but the war ended before he could join
  • He tried school but quit after
  • He met a woman ethel flemming and his father didnt aprove
  • ray found work within a few days and ray was a natural born salesman
  • he was young ambitious and willing to work hard
  • He was meticulous about his appearance
  • He found the client that would make him a top contender at his company
  • He signed a contract with wallgreen
  • He sold paper cups for 15 years
  • Work was everything to ray
  • He learned everything to become the absolute best
  • He saw value in a machine that one of his customers had a milkshgake machine
  • he became the multimixers main sales man
  • As he aproached 50 his business slowed down
  • He lost customers by the dozen
  • In1954 he met Dick and Mac McDonald
  • two brothers from newhampshire
  • and they were off to seek their fortune
  • For 8 years the drive in was sucsessful
  • the created a new way to speed up service and chancged from car hop service they changed to self service
  • The cut serving time from 20 min to 13 seconds
  • Sales shot uip 40% in 3 years
  • McDonalds became famous
  • He signed a contract to sell the McDonalds brother method
  • before he started business he had to start be buying the competition
  • by mid 50's ray kroc open his fist resraunt in chicago
  • he was a man who would spend so much time making it spotless
  • he sold over 50 million hamburgers
  • He sold 18 franchises in the first year
  • In 1957 He fell in love witha nother woman
  • he was smitten with Joan
  • He left his wife but joan wouldnt leave her husband
  • Him and joan ended up getting together she left her husband and he left his wife