Peter Gay
German-American historian and author (1923-2015)
Ray Kroc was an American businessman who purchased and expanded the McDonald’s fast food company, turning it into the world’s largest fast-food corporation. He was known for implementing key innovations, such as a standardized menu and an efficient assembly-line system, which contributed to the company’s rapid growth and global domination.
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About the Ray Kroc
Raymond Albert Krocwas an American businessman. He purchased the fast food company McDonald’s in 1961 from the McDonald brothers and was its CEO from 1967 to 1973. Kroc is credited with the global expansion of McDonald’s, turning it into the most successful fast food corporation in the world by revenue.
Kroc was born in Oak Park, Illinois, and worked a variety of jobs, including as a paper cup salesman and a musician, before eventually becoming a milkshake mixer salesman. In 1954, he visited a hamburger restaurant in San Bernardino, California, owned by Richard and Maurice McDonald. Kroc was impressed with the efficiency and speed of the restaurant’s operations, and he convinced the brothers to allow him to franchise the concept.
Under Kroc’s leadership, McDonald’s grew rapidly, and he implemented several key innovations, including the creation of a standardized menu and the development of a highly efficient assembly-line system for food preparation. Kroc also focused on aggressive expansion, opening new restaurants across the United States and eventually in other countries as well. He became the owner of McDonald’s Corporation in 1961 and was credited as its founder.
After retiring from McDonald’s, he owned the San Diego Padres of Major League Baseballfrom 1974 until his death in 1984.
Frequently Asked Questions
Ray Kroc was an American businessman who purchased the McDonald’s fast food company in 1961 and served as its CEO from 1967 to 1973. He is credited with the global expansion of McDonald’s, turning it into the most successful fast food corporation in the world.
Before buying McDonald’s, Ray Kroc worked a variety of jobs, including as a paper cup salesman and a musician. He eventually became a milkshake mixer salesman, and in 1954, he visited a hamburger restaurant in San Bernardino, California, owned by the McDonald brothers.
Under Ray Kroc’s leadership, McDonald’s implemented several key innovations, including the creation of a standardized menu and the development of a highly efficient assembly-line system for food preparation. These innovations helped McDonald’s grow rapidly and become the world’s largest fast-food corporation.
Ray Kroc convinced the McDonald brothers to allow him to franchise the concept, and under his leadership, McDonald’s grew rapidly. In 1961, Kroc became the owner of McDonald’s Corporation and was credited as its founder.
After retiring from McDonald’s, Ray Kroc owned the San Diego Padres of Major League Baseball (MLB) from 1974 until his death in 1984.
16 Quotes by Ray Kroc
- 1.
While formal schooling is an important advantage, it is not a guarantee of success nor is its absence a fatal handicap.
Ray KrocAmerican businessman
- 2.
If you work just for money, you’ll never make it, but if you love what you’re doing and you always put the customer first, success will be yours.
Ray KrocAmerican businessman
- 3.
None of Us is as Good as All of Us.
Ray KrocAmerican businessman
- 4.
You’re only as good as the people you hire.
Ray KrocAmerican businessman
- 5.
Its easy to have principles when you’re rich. The important thing is to have principles when you’re poor.
Ray KrocAmerican businessman
- 6.
When you’re green, your growing. When you’re ripe, you rot.
Ray KrocAmerican businessman
- 7.
The quality of a leader is reflected in the standards they set for themselves.
Ray KrocAmerican businessman
- 8.
We take the hamburger business more seriously than anyone else.
Ray KrocAmerican businessman
- 9.
As long as you’re green, you’re growing. As soon as you’re ripe, you start to rot.
Ray KrocAmerican businessman
- 10.
Are you green and growing or ripe and rotting?
Ray KrocAmerican businessman
- 11.
All money means to me is a pride in accomplishment.
Ray KrocAmerican businessman
- 12.
Creativity is a highfalutin word for the work I have to do between now and Tuesday.
Ray KrocAmerican businessman
- 13.
If you’re not a risk taker, you should get the hell out of business.
Ray KrocAmerican businessman
- 14.
We provide food that customers love, day after day after day. People just want more of it.
Ray KrocAmerican businessman
- 15.
The two most important requirements for major success are: first, being in the right place at the right time, and second, doing something about it.
Ray KrocAmerican businessman
- 16.
Luck is a dividend of sweat. The more you sweat, the luckier you get.
Ray KrocAmerican businessman