Business Lessons From Ray Kroc "The Founder" -- McDonald's Story (2024)

More From Forbes

Vacation In Hawaii Like A Homeowner With Destination Residences Hawaii","scope":{"topStory":{"index":1,"title":"Vacation In Hawaii Like A Homeowner With Destination Residences Hawaii","image":"https://specials-images.forbesimg.com/imageserve/5eaeeb1bfedfc20007f33748/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 5, 2020","hourMinute":"10:00","amPm":"am","isEDT":true,"unformattedDate":1588687200000},"uri":"https://www.forbes.com/sites/carriecoolidge/2020/05/05/vacation-in-hawaii-like-a-homeowner-with-destination-residences-hawaii/"}},"id":"cln8l4an6iqo00"},{"textContent":"

This Ranch In Wyoming Comes With Its Own Air Strip And Guest Lodge","scope":{"topStory":{"index":2,"title":"This Ranch In Wyoming Comes With Its Own Air Strip And Guest Lodge","image":"https://specials-images.forbesimg.com/imageserve/5ea8788a6085380006521aa9/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"May 1, 2020","hourMinute":"11:00","amPm":"am","isEDT":true,"unformattedDate":1588345200000},"uri":"https://www.forbes.com/sites/carriecoolidge/2020/05/01/this-ranch-in-wyoming-comes-with-its-own-air-strip-and-guest-lodge/"}},"id":"cnobqq73mhpk00"},{"textContent":"

Award-Winning Architect Reimagines The Hotels Of The Future","scope":{"topStory":{"index":3,"title":"Award-Winning Architect Reimagines The Hotels Of The Future","image":"https://specials-images.forbesimg.com/imageserve/5ea7749c165a170006a5e087/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"Apr 28, 2020","hourMinute":"10:00","amPm":"am","isEDT":true,"unformattedDate":1588082400000},"uri":"https://www.forbes.com/sites/carriecoolidge/2020/04/28/award-winning-architect-reimagines-the-hotels-of-the-future/"}},"id":"2oekef92n0p400"},{"textContent":"

Five-Star Hotel Chef Shares Tips For Creating A Kitchen Garden At Home","scope":{"topStory":{"index":4,"title":"Five-Star Hotel Chef Shares Tips For Creating A Kitchen Garden At Home","image":"https://specials-images.forbesimg.com/imageserve/5e990095b788670006997d24/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"Apr 17, 2020","hourMinute":"11:00","amPm":"am","isEDT":true,"unformattedDate":1587135600000},"uri":"https://www.forbes.com/sites/carriecoolidge/2020/04/17/five-star-hotel-chef-shares-tips-for-creating-a-kitchen-garden-at-home/"}},"id":"5c616dpbg4q400"},{"textContent":"

Experience A Five Star Hotel At Home With These Recipes From Red Carnation Hotel Collection","scope":{"topStory":{"index":5,"title":"Experience A Five Star Hotel At Home With These Recipes From Red Carnation Hotel Collection","image":"https://specials-images.forbesimg.com/imageserve/5e8cc68fb8b4740006c166d6/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"Apr 8, 2020","hourMinute":"10:00","amPm":"am","isEDT":true,"unformattedDate":1586354400000},"uri":"https://www.forbes.com/sites/carriecoolidge/2020/04/08/experience-a-five-star-hotel-at-home-with-these-recipes-from-red-carnation-hotel-collection/"}},"id":"e8qidc52d8qo00"},{"textContent":"

The Travel Trend Of The Future: Luxury Resorts That Grow Their Own Food","scope":{"topStory":{"index":6,"title":"The Travel Trend Of The Future: Luxury Resorts That Grow Their Own Food","image":"https://specials-images.forbesimg.com/imageserve/5e7b6d43dd7fdd0006910510/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"Mar 26, 2020","hourMinute":"10:00","amPm":"am","isEDT":true,"unformattedDate":1585231200000},"uri":"https://www.forbes.com/sites/carriecoolidge/2020/03/26/the-travel-trend-of-the-future-luxury-resorts-that-grow-their-own-food/"}},"id":"3rmdjp4nj13400"},{"textContent":"

Spring Break Vacations For The Whole Family","scope":{"topStory":{"index":7,"title":"Spring Break Vacations For The Whole Family","image":"https://specials-images.forbesimg.com/imageserve/5e57f49f05846d00075faed8/290x0.jpg","isHappeningNowArticle":false,"date":{"monthDayYear":"Mar 2, 2020","hourMinute":"10:00","amPm":"am","isEDT":false,"unformattedDate":1583161200000},"uri":"https://www.forbes.com/sites/carriecoolidge/2020/03/02/spring-break-vacations-for-the-whole-family/"}},"id":"d0q71rh7ocp400"},{"textContent":"

Airbnb Invites You To Sleep In A Spaceship","scope":{"topStory":{"index":8,"title":"Airbnb Invites You To Sleep In A Spaceship","image":"https://specials-images.forbesimg.com/imageserve/5d3250f095e0230008f60b73/290x0.jpg?cropX1=82&cropX2=740&cropY1=96&cropY2=466","isHappeningNowArticle":false,"date":{"monthDayYear":"Jul 19, 2019","hourMinute":"07:23","amPm":"pm","isEDT":true,"unformattedDate":1563578634116},"uri":"https://www.forbes.com/sites/kristintablang/2019/07/19/airbnb-invites-you-to-sleep-in-a-spaceship-for-an-outrageously-low-price/"}},"id":"c2jf7fio5ki800"}],"breakpoints":[{"breakpoint":"@media all and (max-width: 767px)","config":{"enabled":false}},{"breakpoint":"@media all and (max-width: 768px)","config":{"inView":2,"slidesToScroll":1}},{"breakpoint":"@media all and (min-width: 1681px)","config":{"inView":6}}]};

Business Lessons From Ray Kroc "The Founder" -- McDonald's Story (2024)

FAQs

What do we learn from the story of Ray Kroc? ›

Persistence and Resilience

It was Kroc's enduring determination and resilience that enabled him to conquer setbacks and turn his vision into reality. Aspiring entrepreneurs can learn that failures and setbacks are integral to the entrepreneurial journey and should be embraced as opportunities for growth.

What is the lesson learned in The Founder movie? ›

Persistence. The movie centres on Ray Kroc and it is fair to say he was persistent. At the end of the day Ray was a salesman, but was driven and overall his persistence paid off. He never gave up and had self-belief.

What is the main message of the movie The Founder? ›

Persistence is probably the biggest lessons this movie teaches. How do you create a restaurant business and become an overnight success at the age of 52? Ray Kroc said, “I was an overnight success alright, but 30 years is a long, long night.”

What did Ray Kroc suggest to the McDonalds brothers to grow their business in The Founder? ›

Ray loved this and for the first time saw a restaurant business that was scalable. He convinced the brothers to give him a contract to grow the business through a franchise network.

What impact did Ray Kroc have on McDonalds? ›

Kroc is credited with the global expansion of McDonald's, turning it into the most successful fast food corporation in the world by revenue. Kroc was born in Oak Park, Illinois, and worked a variety of jobs, including as a paper cup salesman and a musician, before eventually becoming a milkshake mixer salesman.

What significant contribution did Ray Kroc make to the McDonalds business model? ›

Realizing that franchisees were vital to the company's success, Kroc developed exacting standards for how each McDonald's should be run, from food preparation to cleaning. To ensure the standardized operation of the outlets, he created a program in 1961, later known as Hamburger University, to train franchisees.

What is the conclusion of The Founder? ›

At the end of the movie Ray with his sheer determination owned this intellectual property from the original owners. It teaches you one very very important lesson, never ever think twice in investing and protecting your brand, commonly known as Trademark. An incomplete brand protection can always land you in soup.

Who is responsible for McDonald's success? ›

America is a country of countless entrepreneurs, some more successful than others, but many who have strived to live the proverbial “American dream.” Ray Kroc is an extraordinary example of an entrepreneur who indeed lived the “American dream.” Kroc built McDonald's Corporation into one of the most successful and most ...

Why is The Founder important? ›

At the very earliest stages of starting any enterprise, the founder has a number of crucial jobs. First, the founder has to build the most outstanding team possible. This might start with finding a co-founder or making the first few hires, which will likely set the trajectory of the endeavor more than any other factor.

What happened to the McDonald's brothers at the end of The Founder? ›

In summary, the McDonald brothers were bought out by Ray Kroc at the end of the film. It is likely that this happened because Ray Kroc was better able to capitalize on the potential of franchising than the McDonald brothers.

What can you say about the movie The Founder? ›

The Founder is a biographical drama film starring Michael Keaton based on the life of American businessman and founder of the McDonald's Corporation Ray Kroc. Whether you love the McDonald's brand or hate it, this film offers a compelling view into the way it has captivated us all with its worldwide presence.

What is the McDonald's movie about? ›

What made Ray Kroc a good leader? ›

Kroc believed in hard work and determination. He believed that the more work you put into something the more chance you have to be successful. He did the same. Ray started to expand the McDonald's franchise ensuring that the customer standards are met.

What are the admirable characteristics of Ray Kroc that you want to follow? ›

Here are 7 Business Lessons every entrepreneur can learn from Ray Kroc and McDonald's.
  • Ray Kroc never gave up. He kept selling, selling, selling until he found a yes. ...
  • He constantly innovated. ...
  • He liked to surround himself with the right people. ...
  • Ray needed encouragement. ...
  • Ray was driven and had vision.
Jun 28, 2022

What are some important facts about Ray Kroc? ›

List of Facts about Ray Kroc, Man Who Made McDonalds Worldwide
  • Ray Kroc and His Friends Opened a Music Store.
  • Ray did Various Jobs during Depression. ...
  • Ray Did Not Find McDonald's.
  • McDonald's Only Had a Simple Menu at that Time. ...
  • Ray Kroc is Not the First Person to be Granted a Franchise License by the McDonald Brothers.
Sep 29, 2022

What special idea or concept did the McDonalds brothers have? ›

The McDonald brothers had a successful fast food restaurant. They created the “speedee system”, which essentially applied assembly line processes to food.

Top Articles
Latest Posts
Article information

Author: Corie Satterfield

Last Updated:

Views: 6237

Rating: 4.1 / 5 (42 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Corie Satterfield

Birthday: 1992-08-19

Address: 850 Benjamin Bridge, Dickinsonchester, CO 68572-0542

Phone: +26813599986666

Job: Sales Manager

Hobby: Table tennis, Soapmaking, Flower arranging, amateur radio, Rock climbing, scrapbook, Horseback riding

Introduction: My name is Corie Satterfield, I am a fancy, perfect, spotless, quaint, fantastic, funny, lucky person who loves writing and wants to share my knowledge and understanding with you.