![]() And contrary to Kroc's dealings with the McDonald brothers in "The Founder," the relationship needn't be one of predator and prey. Each role is as essential and as authentically "entrepreneurial" as the other. Sometimes, the inventor and the visionary are the same person, but quite often, they are not. Real business success generally requires at least two very different kinds of expertise: a good idea or invention, and someone who sees its potential and has the ability to produce it in quantity and sell it to the world. You don't need to invent an app or a fidget cube to make it in this world. Invention is fabulous, but it's not the only mother of "successity," so to speak. In 1961, the gravy train was continuing to roll and they could have rolled along with it had they not been so stubbornly convinced that changes to their system so compromised their ideals. 5% franchise fee was probably earning them over $500,000 a year (assuming 350 stores and $350,000/store revenue/year). When they took their $2.7 million buyout in 1961 (the equivalent of over $24 million today), they had been retired for two years, owned three homes and drove Cadillacs. In 1954, their single restaurant in San Bernardino netted them $100,000, or $900,000 in today's dollars. It seems that the McDonald brothers were financially successful even before they met Kroc. If anything, the McDonald brothers just made a classic business mistake: cashing out too soon. Not surprisingly, the actual (not alternative) facts show that, rather than being a classic business bad guy, Kroc simply out-thought and out-saw two idealists whose inflexibility was limiting the potential of the franchise. ![]() But the fact that it portrays Kroc as a textbook American huckster who makes deals with the McDonald brothers only to break them - something his former legal adviser insists never happened - bolsters the impression that growing someone else's idea is somehow not true entrepreneurism, or a less legitimate form than that embodied by the McDonalds.īull-patties! Did Henry Ford invent the automobile? Did Richard Branson invent the vinyl LP? Clearly, the film comes heavily doused in the "special sauce" of personal interpretation. ![]() It is Hollywood's version of Kroc's story, and people still around from those early days say it plays fast and loose with the truth. From "Tucker: The Man and His Dream" to "The Social Network" and "Jobs," the filmmaker's re-telling of the startup's story usually is a combination of reluctant admiration mixed with the perception/dramatic hook that the only way someone in business can be successful is by stepping on someone else (although in "Tucker," the entrepreneur was the guy who got stepped on, unlike the Winkelvoss twins or Steve Wozniak). I am always interested in the way filmmakers portray entrepreneurs. They also owned and franchised the first restaurants with that name. The title refers to the fact that he went so far as to credit himself with founding McDonald's, even though two McDonald brothers invented everything from the number of steps required in food preparation all the way up to the golden arches. #Wrong side raju 320kbps mp3 download movie#I went to see "The Founder" this week, the movie about how Ray Kroc rose from selling milkshake mixers to growing the world's first fast-food empire and ultimately claiming it as his own.
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