The "founder" of McDonald's was a true scumbag

JahBuhLun

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what do you mean by this
Basically how IBM really didn't stop Bill Gates when they saw him coming, or how Blockbuster didn't buy Netflix when they had the chance. The McDonald's brothers saw first hand what Kroc was doing and while they didn't like it, they really didn't do anything to stop him; and when they tried, it was too late. I don't know if its underestimating someone's ambition or overestimating ones own ability to survive advancement by an adversary. I mean we can go back through history all the way up until now and there are examples that leave you questioning, "well why didn't they just stop this person or company or movement before they totally overwhelmed us."
 

ELESDEE616

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Kobe snitched on Shaq
Basically how IBM really didn't stop Bill Gates when they saw him coming, or how Blockbuster didn't buy Netflix when they had the chance. The McDonald's brothers saw first hand what Kroc was doing and while they didn't like it, they really didn't do anything to stop him; and when they tried, it was too late. I don't know if its underestimating someone's ambition or overestimating ones own ability to survive advancement by an adversary. I mean we can go back through history all the way up until now and there are examples that leave you questioning, "well why didn't they just stop this person or company or movement before they totally overwhelmed us."
Same with Mcdonalds getting waxed by Chipotle

The ridiculous reason McDonald's sold Chipotle and missed out on billions of dollars


"McDonald's was a major contributor to Chipotle's success.

The burger chain made an investment in Chipotle in 1998 that helped it grow from 14 locations to nearly 500 within seven years. By 2005, McDonald's had a 90% stake in Chipotle's business.

But one year later, McDonald's divested its stake and parted ways with the fledgling burrito chain.

Now Chipotle has more 1,800 locations and business is booming, while McDonald's is battling declining sales and traffic, a damaged public perception, and a relationship with franchisees that has hit an all-time low.

At McDonald's annual shareholders meeting this week, an attendee grilled the CEO on why the company gave up on Chipotle, according to Entrepreneur."

https://www.google.com/amp/s/amp.bu...iculous-reason-mcdonalds-sold-chipotle-2015-5

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International Playa

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Great thread. Sounds like a great business movie. I need to watch this, everyone can learn a lot from this

This movie is a great lesson you can still get wealthy or make your dreams come true at any age. That Kroc guy was 52 when he jumped on the Mcdonalds wave.

So who makes the profits now, Krocs family?
 
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