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Win Make Give with Ben Kinney

91. What a Kroc – The Story of McDonald's

Win Make Give with Ben Kinney

Ben Kinney Training

Education, Self-improvement

4.91.5K Ratings

🗓️ 25 September 2020

⏱️ 37 minutes

🧾️ Download transcript

Summary

Ben talks about the challenges and failures of the McDonald brothers as they experimented, changed course, and planned out the perfect fast food restaurant. Ben explores their partnership with businessman Ray Kroc, how Ray helped to grow the business into one of the biggest, most recognizable franchises in the world, and how Ray ultimately took control of the entire operation. Check out these links to some great info on the story of McDonald's The Story of How McDonald's First Got Its Start - https://www.smithsonianmag.com/history/story-how-mcdonalds-first-got-its-start-180960931/ How McDonald's Beat Its Early Competition and Became an Icon of Fast Food - https://www.google.com/amp/s/www.history.com/.amp/news/how-mcdonalds-became-fast-food-giant 20 Failed McDonald's Menu Items You Won't Believe Existed - https://www.eatthis.com/failed-mcdonalds-menu-items/ Learn how to take control of your finances and increase your assets so you can increase your wealth. Sign up for the free Win Make Give Wealth Series with Ben Kinney - https://winmakegive.com/wealth/ Learn how to put your money to work with the free Win Make Give Investment Series with Ben Kinney - https://winmakegive.com/investing/ Join our Facebook group - https://www.facebook.com/groups/WinMakeGive

Transcript

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0:00.0

Welcome to the win-make-give podcast. This is Ben Kenny joined today with Chad Himes and Bob Stewart

0:15.7

Hello

0:17.3

I see a hand up. Am I supposed to say something or stop? I'm not sure what that signal is just say hi Bob I hi everybody

0:24.0

ladies and gentlemen today we're going to tell you a story it's a story of

0:31.6

success it's a story of success. It's a story of failure. It's a story starting off with two main

0:38.3

characters named Maurice and Richard. And when you say the word more

0:43.7

Reese what do you think of Chad?

0:45.8

Steve Miller Band.

0:46.8

Morese.

0:47.8

What's the sound?

0:48.8

Wre?

0:49.8

Something like it's something roughly interpreted.

0:52.4

But this happened a long time ago. I mean a really really long time ago.

0:59.0

These two brothers, Maurice and Richard, were born in New Hampshire.

1:06.3

And growing up, they got to witness their father

1:10.4

work his whole life, 42 years for the same company.

1:15.0

That company happened to be the New Hampshire Shoe Factory.

1:20.0

After 42 years of hard work and dedication and commitment, his job ended.

1:28.0

He didn't get a high five.

1:30.0

He, chat, he didn't get a pension, he didn't get a check, he didn't get a pension he didn't get a check he didn't even get a fancy watch

1:38.7

fact not even a thank you these boys These boys, that's not going to be me.

1:49.0

They were burnt by the idea that a company could do that to somebody who was so loyal for so long

...

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