Founders

#7 Grinding It Out: The Making of McDonald's

69 snips
May 27, 2017
This discussion dives into the relentless work ethic of entrepreneurs as exemplified by Ray Kroc's journey. It chronicles his challenging path to establishing McDonald's, filled with deceptive partnerships and pivotal decisions. The emphasis on persistence and the lessons derived from failures highlight Kroc's dedication even in adversity. The podcast also touches upon his philanthropic views and the practicalities of running a successful franchise, proving that hard work often trumps talent in the pursuit of success.
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ADVICE

Obsession Over Talent

  • Obsession and hard work are more important than talent.
  • Put in the time, and you can achieve anything.
ANECDOTE

Late Bloomer

  • Ray Kroc achieved massive success after age 50, despite health issues.
  • He started McDonald's at 52 and became one of the richest people.
ANECDOTE

Early Hustle

  • Ray Kroc had an entrepreneurial spirit from a young age.
  • He worked various jobs as a child and viewed work as play.
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