1. The book I chose for the first reading reflection was “Grinding
It Out: The Making of McDonald’s” by Ray
Kroc with Robert Anderson. What surprised me most from the book was that I always
thought people exaggerated when they said entrepreneurs reach the lowest point
in their life right before they peak, and that generalization pretty much
applies to Ray Kroc. What I most admire about Ray Kroc is the fact he never
really gives up and his work ethic. Many entrepreneurs work beyond the typical
40 hours a week and I really admire that resilience to work hard despite how
tough things become. One thing I don’t admire about Kroc was that he wasn’t really
committed to his marriage I guess, like he was married prior to meeting Joan
but then once he fell in love with her, he wanted to divorce his first wife. Ray
Kroc did face many adversities and failures, some of which were health problems
and financial troubles. Kroc pretty much just pushed his way through and had to
work even harder in order to compensate for his lost wages.
2. Two competencies that Kroc demonstrated were persistence
and the ability to see an opportunity.
3. A part that confused me was the fact Kroc bought the San
Diego Padres like I know he liked baseball but to the point, he buys an entire
team?
4. Two questions I would ask Ray Kroc would be: “Do you regret
anything that you did as you grew McDonald’s to become one of the world’s
largest fast-food corporations?” and “If you had to do it all over again would
you do it?” The reason why I asked these questions is because I’m always
interested in whether people liked their life choices or not.
5. I believe Kroc’s idea of hard work was never giving up
despite all the challenges that you are facing. For example, despite all odds
and all the conflicts in his life, Kroc saw an opportunity in the McDonald
brothers’ restaurant and seized the opportunity he saw. And what resulted was a
multi-billion dollar corporation.
David,
ReplyDeleteDont you find that there's so much common ground on all these success stories. If you have the successful business you don't have the love/family. Its almost like these successful people have had to their career or business their priorities and unable to balance both. Another common trait is their drive. I almost feel like if we all had that kind of drive anything and everything would be possible. I always wondered how did they get that drive, what was the motivation, could it be that they genuinely saw the success of their plan or was it something else.
Hi David!
ReplyDeleteThank you for working ahead. My group literally waits until the day of to post their blogs. I was interested in reading the McDonalds book, but I chose Shoe Dog. Did you enjoy the book? I know for part 3 reading we can choose any book off the list. I totally recommend Shoe Dog! It was an awesome book! If interested feel free to check out my blog.
https://g8trliz.blogspot.com/2019/10/13a-reading-reflection-no-1.html
I agree with your question on asking if Kroc regretted anything. Thanks for sharing!
V/r,
Elizabeth Fullwood
Hello David,
ReplyDeleteSounds like this book was very interesting to read. I think I would have the same questions for Ray Kroc because McDonald's has had bad reviews, so I am curious as to how Ray Kroc feels about this. The marriage part of this story was crazy to read about because you don't really hear those kinds of "love" stories everyday.
Hey David,
ReplyDeleteI never read the McDonald's autobiography, I ended up reading the Steve Jobs one instead, but based off your post it seemed very interesting. It is true that with most entrepreneurs that they reach rock bottom prior to being very successful. This shows a great amount of perseverance and determination from them. As an entrepreneur you must be relentless.