781 - Would you take a McDonald's Franchise, or Go to Harvard University? with Robyn and Jay The Engineer

The James Altucher Show

James Altucher

Education, Business

4.6 • 2.7K Ratings

🗓️ 20 October 2021

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

Years ago, a young man named Mark Zuckerberg was asked this question by his father: Would you choose to take a McDonald's Franchise (that I would purchase for you), or go to Harvard University for the degree of your choosing? And of course, we all know what he chose and what happened next, but it's an interesting question. In this episode, I asked Jay Yow The Engineer, and my wife, Robyn, the same question. Listen to the episode, and see what were their choices, and how would they take it from there (whatever their choices are)? My new book Skip The Line is out! Make sure you get a copy wherever you get your new book! Join You Should Run For President 2.0 Facebook Group, and we discuss why should run for president. I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify Follow me on Social Media: YouTube Twitter Facebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This isn't your average business podcast and he's not your average host.
0:07.0	This is the James Altiger Show.
0:13.0	Today on the James Altiger Show.
0:16.0	So back in 2002, Edward Zuckerberg, Mark Zuckerberg's father, gave him a very interesting
0:23.0	choice.
0:24.0	I'm going to describe what this choice is to both Jay, the producer of his podcast and Robin,
0:29.0	his wife and see what choice they would have made.
0:32.0	And you should think about it too, what choice you would make.
0:34.0	And if you would make a similar type of offer that Edward Zuckerberg made to Mark Zuckerberg
0:39.0	when he was 18 years old, way before Facebook, before he went to college,
0:44.0	what choice would you have chosen?
0:46.0	Let's go to Jay and Robin.
0:47.0	So, Jay and Robin, here is the question I have for you guys.
1:03.0	Let's say at Jay you first, let's say you're about to go to college and your dad comes up to
1:11.0	you and says, well, your mom, let's just say you're dad.
1:14.0	He dad comes up to you and says, Jay, I'm giving you a choice.
1:18.0	You could either go to Harvard and I will pay the whole way through Harvard or I will buy
1:23.0	you a McDonald's franchise and the McDonald's franchise is yours.
1:27.0	You can do with it whatever you want.
1:29.0	You could run a McDonald's franchise.
1:31.0	And just so you know, the average McDonald's franchise owner makes about 200,000 a year.
1:37.0	But because your father is buying it for you, you would make more than that because you wouldn't have to deal
	...

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