2min chapter

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#293: Ray Kroc (The Making of McDonald's)

Founders

CHAPTER

Investing in Advertising Is a Bad Idea

The most valuable state for McDonald's, almost more than any other, all the other states combined at this point. But he's displeased with how slow the growth is. As we solved our supply problems in California and built more stores, business gradually picked up but it remained far lower than it should have been. So again, he's echoing back to this argument that he was having with his former partner Dick McDonald.

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