END OF MANNY VILLAR PPT • Next person to be tackled is Mr. Ray Kroc …………………………………..
Ray Kroc
Raymond "Ray" Albert Kroc • October 5, 1902 – January 14, 1984 • Kroc was a Czech American businessman who took over the small-scale McDonald’s Corporation franchise in 1954 and built it into the most successful fast food operation in the world • He also owned a baseball team called San Diego Padres (starting 1974)
Relatives : >Son of Louis Kroc and Rose Hrach >Husband of Joan Beverly Kroc >Ex-husband of Ethel Janet Kroc and Jane Elizabeth Dobbins >Father of Marilyn Janet Barg >Brother of Robert Louis Kroc and Lorraine Marie Kroc
The Younger Days Born and Raised in Illinois. Dropped out of High school to work in the instrument selling business, but that did not work out and soon was closed down. At age 15 he lied about his age to be able to be an ambulance driver for the Red Cross. He then moved to Chicago to become a Jazz Pianist and a salesman.
Education • Ray Krocs didn’t get a full High School Education. • He got most of his Business Education from selling experience. • Some of his first jobs were paper cup sales man, pianist, Jazz musician, band member, radio DJ at Oak Park Radio Station, and then Milk Shake Mixers
Early life • Had alot of jobs before he became rich starting with paper cup seller to band member • Became a multi-mixer milkshake machine salesman, traveling around the world
The birth of McDonalds • He partnered with the McDonald brothers, afther the few years he bought the fast food chain from them ($2,7 million dollars) • He invented a many new meals what became popular (hulaburger – with pineapple slices) Ray Kroc became a very rich man .
McDonalds • Ray first notices the restaurant, run by the McDonalds brothers, when he sold them 8 milk shake makers • After he visited the McDonalds in San Bernardino he became convinced he could sell a milkshake mixer to ever franchise they opened and ended up become their franchising agent. • Ray became annoyed with the brothers not wanting to up more then a handful of restaurants, he bought them out for 2.7 million dollars
McDonalds • Even though Ray had bought McDonalds the brothers wouldn't give him the property so he built his first McDonalds next to the brothers and ended up run the brothers McDonalds bankrupt. • He made strict rules on how the food should be prepared and still for a cheap price.
McDonalds • To keep on top Ray came up with two ideas that would bring in more profit for the company • 1st was to have smaller McDonalds restaurants inside other stores • This would save a lot of money of having to open a full size restaurant and also did a lot of advertising for the business. • 2nd was the idea to start selling McDonalds internationally • Selling internationally brings in more income then selling in the united states for McDonalds
Hulaburger and Ray Kroc biography
Fun Facts • During The First World War Ray was actually in the same regiment as Walt Disney. • When Ray was a child his father took him to a phrenologist, someone that practices reading the bumps on a persons head, and he said that Ray would have a future in the food industry. • There are no McDonalds in Disneyland because Ray Kroc wouldn’t raise the prices of the food like Walt Disney wanted. • In 1974 Ray bought the San Diego Padres and owned them until 1984. • 1 out of 8 Americans have worked for McDonalds.
Kroc’s death and personal life • Died of heart failure in January 14, 1984 at the age of 81 • Kroc was married 3 times • Toward the end of his life, Kroc used a mobility aid to get around, an Amigo mobility vehicle (sometimes referred to as a Li'l Rascal)
Kroc’s highest moments • Kroc was included in Times 100: The Most Important People of the Century and amassed a $500 million fortune during his lifetime. • The former Dire Straits released a song about Ray Kroc on his 2004 album Shangli-La. It was inspired by Ray Kroc's autobiography Grinding it out and the starting of McDonald's, using many of Mr. Kroc's exact words: "Kroc style, boom like that."
Shangli-La album • • • • • • • • • • • • • • •
1. 5:15 am 2. Boom, Like That 3. Sucker Row 4. The Trawlerman's Song 5. Back To Tupelo 6. Our Shangri-La 7. Everybody Pays 8. Song For Sonny Liston 9. Whoop De Doo 10. Postcards From Paraguay 11. All That Matters 12. Stand Up Guy 13. Donegan's Gone 14. Don't Crash The Ambulance El Macho
Boom, like that [Verse 1] I'm going to San Bernardino, ring-a-ding-ding Milkshake mixers, that's my thing now These guys bought a heap of my stuff And I gotta see a good thing sure enough now [Chorus] Or my name is not Kroc, it's Kroc with a K Like crocodile but not spelt that way now It's dog eat dog, rat eat rat Kroc style, boom like that
[Verse 2] Folks line up all down the street Now I am seeing this girl devour her meat now And then I get it--wham--as clear as day My pulse begins to hammer then I hear a voice say These boys have got this down Ought to be one of these in every town These boys have got the touch It's clean as a whistle and it don't cost much Wham bam, don't wait long Shake fries patty - you're gone And how about that friendly name Heck, every little thing gotta stay the same
[Chorus] [Verse 3] You gentlemen ought to expand You're gonna need a helping hand now So gentlemen, well, what about me? We'll make a little business history now [Chorus] Or my name's not Kroc, call me Ray Like crocodile, but not spelt that way now It's dog eat dog, rat eat rat Kroc style, boom like that [Verse 4] Well, we'll build it up and I'll buy them out But man they made me grind it out now They open up a new place flippin' meat So I do too, right across the street I got the main I need the town They sell up in the end and it all shuts down Sometimes you gotta be an S.O.B If you wanna make a dream reality Competition, sent 'em south If they're gonna drown put a hose in their mouth Do not "Go", go straight to hell I smell that meat hook smell