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Ray Kroc

đŸ‘€ Speaker
802 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

But I was just like a lot of show business personalities who work away quietly at their craft for years and then suddenly they get the right break and make it big.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

He paused.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

I was an overnight success, all right, but 30 years is a long night.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

In 1965, McDonald's went public at $22.50 a share.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

By the end of the first day, it was trading at $30.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

By the end of the first month, it was trading at $50.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Ray Kroc was wealthier than he'd ever dreamed, but he still wasn't satisfied like every other outlier he never would be.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

There's always another store to open, another system to perfect, another problem to solve.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

When he saw a light out of a McDonald's sign at dusk, he got furious.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

When he saw litter in a parking lot, he screamed at the manager.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Perfection is very difficult to achieve, he wrote, and perfection was what I wanted in McDonald's.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Everything else was secondary.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

There's something else important about how McDonald's kept growing.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

The best ideas didn't always come from headquarters.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

In Cincinnati, an operator named Lou Groen was getting destroyed on Fridays.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

His competition, Big Boy, had a fish sandwich.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

And in Catholic neighborhoods were the church-ordained meatless Fridays that mattered.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

McDonald's had nothing for those customers.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Lou went to Kroc with an idea.

The Knowledge Project
How McDonald’s Took Over America | Ray Kroc [Outliers]

Sell a fish sandwich.