1)
- I was most surprised that Ray Kroc was 52 when he started taking on the McDonald's business.
- I admired Ray Kroc's work ethic and how much he believed in McDonald's and its future. He was a dreamer and never stopped pushing for the company to improve and grow. He also had close relations with the people who came onto the team and never compromised his values or his vision.
- It's hard to find something that I didn't admire about Ray Kroc but I guess what I least admired about him was how he didn't dedicate a lot of time to his family. It's understandable since he was working so hard to build up the company but it seemed he never made room for his family.
- Ray Kroc faced adversity and failure, but he always found a way to solve the problem - either by reaching out to other people for help (either for money or more manpower) or trying to compromise with those involved. He never gave up.
2) Ray Kroc had a huge background in sales when he sold cups for many years, he was outspoken and honest, a hard-worker, rigid in his values, and utilized his connections to get what he wanted.
3) I was confused with some of the business jargon, how some of his deals worked with the leasing for his properties, and some of the compromises he had to make in order to gain ownership of the company.
4) If I were able to ask Ray Kroc two questions, I would ask what were his biggest motivations behind his drive for McDonald's and if he had the opportunity to change the school system, how would he reform it? I thought it was interesting his take on how schools teach students and wonder how he would modify it and why he worked so hard to get McDonald's where it is today.
5) Ray Kroc's definition of hard work entails being persistent and dedicated to your cause. I also share this opinion - because no matter how talented you are, what advantages you have, none of that compares to if you're actively putting in effort and exhausting the resources you have.