Businessman

Ray Kroc

Ray Kroc

Born:

Raymond Albert “Ray” Kroc who was an American businessman and founder of McDonald’s was born on October 5, 1902, in Oak park U.S. His parents was Czech origin, Rosemary, and Alois ‘Louis’ Kroc.

Family Background:

His father was from the village of Brassy near Plzen Bohemia. Ray grew up and spent his most of life in Oak Park. At the world war 1, Ray lied about his age and he became a Red Cross Ambulance driver at age 15.

Personal Life:

Kroc had Married 3 times in his life, Ethel Fleming in 1922 to 1961, Jane dobbins in 1963 to 1968 and last marriage to Joan Kroc in 1969.

Career:

He had worked a variety of jobs like selling paper cups as a real estate agent in Florida and sometimes he played piano in bands. After world war 2, Kroc found the job as a milkshake mixer salesman for the foodservice equipment manufacturer Prince Castle.

Ray started the first McDonald’s store with the partnership of the McDonald brothers in Des Plaine, Illinois. Kroc had been credited with making a number of innovative changes in the food-service franchise model. kroc’s policies for McDonald’s included establishing locations only in suburbans areas not in urban areas might eat in them after the main working hours were over. Kroc opposed to hiring women as employees because he believed that they were unreliable workers and liable to flirt with male customers.

During the 1960s, Trend of new fast food chains appeared which copied McDonald’s food, including Burger King, Burger Chef, Arby’s, KFC, and Hardee’s. Kroc had spoken of the competition with contempt, saying that they did not offer the same quality of food, service, affordable prices, or sanitation as McDonald’s, After this, Kroc opened a new McDonald’s restaurant near the original McDonald’s individually, which had been renamed “The Big M” because the brothers had neglected to retain rights to the name. Kroc maintained the assembly line “speedee service system” for hamburger preparation, which was introduced by McDonalds brothers in 1948. He had been standardized the operations ensuring every burger would the same taste in every restaurant. Kroc rejected the cost-cutting measures like using soybean fill in the hamburger patties. Kroc retired from running McDonald’s in 1974. when he was looking for new challenges. he decided to get back into baseball which was his lifelong favorite game.

Kroc died of heart failure at a hospital in San Diego, California on January 14, 1984, at the age of 81.

Unknown facts:

  • In 1974, Ray Kroc became a hero for reasons completely unrelated to business.
  • He had purchased the San Diego Padres baseball team and prevented them from moving to Washington, D.C.

Masterstrokes:

  • Kroc establishes the Ronald McDonald House foundation.
  • Ray was a major donor to the Dartmouth Medical School.
  • Kroc’s Foundation supported research and treatment to alcoholism, diabetes and other diseases.

controversies:

  • He generated significant controversy for donating $255,000 to Richard Nixon’s reelection campaign in 1972. many observers, notably senator “Harrison Williams” accused Kroc of making the donation to influence Nixon to veto a minimum wage bill making it’s away from Congress.

What can we learn from him??

Love work what you do. to get the success you should be having a big vision.

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