I recently finished an interesting book and wanted to pass it along to other business owners as a suggested read. The book is titled “Grinding It Out: The Making of McDonald’s” and it’s the autobiography of Ray Kroc, the entrepreneurial legend who brought McDonald’s to the world.
Published in 1977, seven years before Ray died, Grinding It Out is an insightful look at a true salesman and entrepreneur, in his own words.
You may not realize it, but Ray Kroc’s success with McDonald’s didn’t happen until his mid-fifties and in his own words Ray said, “I was 52 years old. I had diabetes and incipient arthritis. I had lost my gall bladder and most of my thyroid gland in earlier campaigns, but I was convinced that the best was ahead of me.”
The other thing you might not know is that Ray Kroc did not start McDonald’s, the McDonald brothers of San Bernardino, CA did. Dick and Mac McDonald founded the first McDonald’s restaurant and when Ray discovered it, he saw gold and formed a business relationship with the two brothers. For a number of reasons, the relationship did not last long.
According to Ray, “The McDonald brothers were simply not on my wavelength at all. I was obsessed with the idea of making McDonald’s the biggest and the best. They were content with what they had; they didn’t want to be bothered with more risks and more demands.”
The rest, as they say, is history, with Ray growing McDonald’s into an international, multi-billion dollar empire.
Regardless of your opinion on the quality of McDonald’s fare, a study of Ray Kroc, his thinking process, his appreciation and insistence on developing systems and his deep concern and focus on the customer […]