PofE 056: Ray Kroc’s Small Business Ideas Created a Process Driven Fast Food Franchise
Posted on"No one can possibly achieve any real and lasting success or 'get rich' in business by being a conformist."
-J. Paul Getty
Background and Challenges:
- He was born on October 5, 1902 in Oak Park, Illinois to Rose and Louis Kroc. Rose was a competent pianist and encouraged her son to develop a love for music.
- He demonstrated an entrepreneurial trait when he started a music store with his friend, which went under due to lack of capital.