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Business Wars

McDonald’s vs Burger King - Cooking with Gas | 2

Business Wars

Audible

History, David Brown, Business, Management

4.613.5K Ratings

🗓️ 9 January 2019

⏱️ 28 minutes

🧾️ Download transcript

Summary

It’s the late 1950s and fry cooks are flipping as fast as they can. But McDonald’s and Insta-Burger King’s desire for national success far outstrips their ability to deliver. It’s not enough to just make a better burger: bad contracts, bad equipment, limited capital and investors who don’t believe in 15-cent burgers threaten to stop the race in its tracks.

Ray Kroc believes that he has the answers but to beat Insta-Burger King and a new aggressive competitor from Indiana, he has to get out from the McDonald Brothers’ shadow--and he has to do it fast.


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Transcript

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0:00.0

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0:04.6

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0:07.0

Spring, 1956.

0:15.2

It's half an hour until opening at the Insta Burger King near Miami International Airport.

0:21.2

Business partners Jim McLemore and Dave Edgerton are now two years into running a handful

0:25.9

of franchises and they're feeling worn down by the lackluster sales.

0:31.8

As McLemore mobs the floor, Edgerton heads over to the Insta Burger broiler.

0:37.6

He loads some beef patties into the boiler to check it's working.

0:42.1

The conveyor pulls the patties vertically into the machine.

0:45.0

Then, just seconds later, there's a horrible sound.

0:51.5

The conveyor shudders to a halt.

0:54.0

The smell of burning burger seeps into the air.

0:57.6

Edgerton flushes red with rage.

1:00.1

It's the third time this week the boiler's broken down.

1:04.2

God damn hunk of junk.

1:07.0

Fuming.

1:07.9

Edgerton grabs his toolbox and pulls out a hatchet and with an almighty swing, slams

1:13.5

the hatchet down on the steel boiler.

1:16.2

I can build a better broiler than this.

1:20.0

McLemore turns to see the hatchet buried in the smoking broiler.

1:24.6

Well you better hurry up and make your own broiler because we're out of business until you do.

1:30.8

With help from a local mechanic, Edgerton builds a prototype.

...

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