4min chapter

Business Movers cover image

The McDonald's Invasion | New Beginnings | 1

Business Movers

CHAPTER

McDonald's Franchises in Hawaii

In 1967 a businessman walked into George kohans office with a desire to tap into McDonald's potential growth. This man wanted to acquire the licensing rights to open and own McDonald's franchises in Hawaii. Normally to open a McDonald's franchise in the contiguous United States an interested party had to pay a fee of $12,000 over a hundred thousand in today's money. But opening and operating franchises outside the lower 48 was a different story. Anyone hoping to gain licensing rights and bring McDonald's to a new territory had to go through McDonald's CEO Ray Crock. To win him over George would have to muster every ounce of his legal and persuasive skills. He dug into the fast food chain's

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode