Tuesday, September 24, 2019

Reading Reflection No. 1


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.

4 comments:

  1. David,
    Dont 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.

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  2. Hi David!

    Thank 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

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  3. Hello David,
    Sounds 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.

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  4. Hey David,
    I 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.

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