Friday, February 22, 2019

Assignment 13A – Reading Reflection No. 1


1.     In 1955, I learned about the birth of American cuisine in the small town of Des Plaines, and I think McDonald's is the world's most profitable worldwide fast-food franchise offering. Rick Rocker had a deal with McDonald at the age of 55, which is very amazing. Even the entrepreneurial spirit of young people, energy, but I think that in the context of innovation, Crocker's success is mainly believed to be due to his experience and his experienced entrepreneurial abilities. My most respected feature, Crocker, is an unwavering commitment, I will discuss most of the miseries and suffering Crocker has been facing throughout her career but will hold on to it. Unfortunately, many entrepreneurs will not let their business penetrate into their personal life, and Crocker is no exception to this phenomenon. Already in the career of Crocker as a salesman, he often worked 14-16 hours and can only be changed in a few hours at home. He was doing this in order to feed his families. For him, the money is not a problem and he is obsessed with being on all the leaders he seeks. Rick Rock has failed and a lot of anxiety during McDonald's start, but McDonald's most prominent and almost ending was the collapse of Crocker and Harrison's bones. While McDonald's was on sale, Harry Sonneborn liked his right hand. Sonneborn has the knowledge of business and real estate necessary for success, Kroc understands the customer and aspects of their quality. Although the dynamics of both men seem to be an unstoppable force when McDonald was successful in the late 1970s, two giants collide, a separate contact.

2.     Ray Kroc has many basic skills, including conceptual skills, interpersonal skills and favorable advocacy changes. Highly appreciating and investing in relationships strengthens its organization from a successful perspective in a stratosphere, as Crocker can be separated from other entrepreneurs. Because outcomes and relationships are closely linked, this is important for the long-term viability and sustainability of the organization. If there is no solid foundation, people who seek success cannot be realized. For Crocker, the foundation is made up of exceptional talents.

3.     When I had the idea that Sonneborn would privatize several restaurants in McDonald's, the part of the conference that confused me from the point of view was that of Chapter 9. In the following chapters, the concept is deepened and considered the birth of a franchise.

4.     My first question is: "What will McDonald's do to solve the problem of corporate social responsibility at the dawn of the 21st century?" In addition to the Ronald McDonald Foundation, I do not see many social security schemes funded by this multi-billion-dollar company. The second is, "How can you deduce your inheritance without becoming an entrepreneur?" People who do not have luxury projects to start their own business, like me, do not have any. Even when I start my own career or make products, I always want to influence the world.
5.     The reason of Ray Kroc's life is hard work. An interesting fact that I have learned about these books is that Kroc has never received a salary from all his fortune. McDonald's was set up for the sale of a multiple blender and Prince's Castle. I think it will reveal Kroc's integrity and a fair contribution to his technology. as Kroc mentioned, "If you work just for money, you'll never make it, but if you love what you're doing success will be yours.”. He worked hard and really liked his skills. I liked the fact that he thinks that Instead of just taking a salary for work, pouring your heart and soul into the work you're doing is leads to more success.

2 comments:

  1. I also read this biography on Ray Kroc. I thought his story was very interesting. It's honestly amazing to see that this idea of his is now a world wide and thriving business. I also thought it was different to learn that he found success at the age of 52 years old. Most thriving entrepreneurs are much younger. I do agree with you that his life was full of hard work and that is what he believed in. I enjoyed reading your post!

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  2. Great, i also did my reading reflection on Ray Kroc I like your question of how start start a business without an inherited capital. Like Kroc it took a lot of trying to build his business and unlike entrepreneurs with lots of capital where creating a business with capital is a lot easier.

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