good business inspiration

Nicole 2022-03-21 09:01:52

The catering model created by the McDonald's brothers was not successful from the beginning, but was adjusted and optimized step by step:

1. Before opening a restaurant, I drove a truck at Columbia Pictures, and after I collected enough money, I opened a small theater in Glendore. The economic situation was not good, so I referred to the profitable Willy Reed Hot Dog Beer Shop in Asia. Cadia opened a small restaurant, but too few customers, and moved to the next town - Holy Grail Nadino;

2. There is not enough funds to open a new store, and the old store is moved in a whimsical way, and the store is dismantled in half;

3. The growth of drive-thru restaurants was stagnant, and it was discovered that the restaurant model was inherently problematic, so the brothers dismantled all the details, redistributed, rebuilt, rethought all links , and found the problem: ① customer group positioning; ② Service quality; ③ operating expenses (labor + consumables) ④ waiting time.

Finally, the system optimization method was obtained, and an innovative Speedy System was created : focusing on the main product, increasing the speed of meal delivery (30 seconds), reducing manual service (customers need to get off the bus and queuing), changing the dining environment and method ( Create a family-friendly atmosphere and use disposable packaging)

4. But do you think innovation is so easy to accept, the brothers underestimated the difficulty of the learning curve, so many customers were angry at the beginning. So the McDonald brothers decided to promote their restaurant with a circus-style event. As long as you are good enough, there will always be guys who agree with you . So far, McDonald's restaurants have become popular.

But their overall thinking, daring to think, dare to innovate, and fantastic ideas are really amazing.

The McDonald brothers laid the foundation of McDonald's restaurants, and the one who carried forward McDonald's and brought McDonald's to the world stage, his name has nothing to do with "McDonald's" - Ray Kroc. In the movie, he is stubborn and aggressive, and has a strong desire to control, which makes the image of this character very controversial. Although I don't quite agree with him as a person, I have to admire his business acumen and persistence.

His observation ability is also very good. He noticed that there are churches and courts in every place, and saw the flag and the cross on the top of the building, so he thought of building McDonald's into a brand with American culture, which would allow the American people to obtain Brand identity, this is brand thinking . Through the architectural image of the golden arches, to the dining environment suitable for family dinners, and to the brand soul that even the McDonald's brothers did not realize - the name "McDonald's", the brand image is deeply rooted in the hearts of the people. At the same time, the brand also allows partners to earn more money and realize their American dream, which is one of the American cultures. (There are similar cases in other film reviews: Coca-Cola, Marlboro, and Disney, all branded and representative of American culture)

The Franchise proposed by Ray has made McDonald's expand rapidly, but there is also a huge problem, quality control. The partners Lei looked for at the beginning were all wealthy people who were out of control. They only wanted to make money and didn't want to manage the restaurant better, so they all broke through Lei's bottom line. Until he discovered that young people who are willing to work hard for a living and want to change their lives are the most suitable partners , and Lei has a good control over the quality of the products. But the increased cost of expansion has sent debt out of control. At this time, someone raised a key point - thinking about the business model from the perspective of the real estate industry. It is this kind of cross-border thinking that abruptly turned a catering company into a real estate company, but also achieved good cash flow, allowing the company to continue to expand and making McDonald's a world-class brand.

View more about The Founder reviews

Extended Reading

The Founder quotes

  • Dick McDonald: I just have to ask you one thing. Something I've never understood.

    Ray Kroc: Alright.

    Dick McDonald: That day we met, when we gave you the tour...

    Ray Kroc: Uh huh. What about it?

    Dick McDonald: We showed you everything. The whole system, all of our secrets. We were an open book. So why didn't you just...

    Ray Kroc: Steal it? Just, grab your ideas and run off, start my own business... using all those ideas of yours. It would have failed.

    Dick McDonald: How do you know?

    Ray Kroc: Am I the only one who got the kitchen tour? You must have invited lots of people back there, huh?

    Dick McDonald: And?

    Ray Kroc: How many of them succeeded?

    Dick McDonald: Lots of people started restaurants.

    Ray Kroc: As big as McDonald's?

    Dick McDonald: Of course not.

    Ray Kroc: No one ever has and no one ever will because they all lacked that one thing... that makes McDonald's special.

    Dick McDonald: Which is?

    Ray Kroc: Even you don't know what it is.

    Dick McDonald: Enlighten me.

    Ray Kroc: It's not just the system, Dick. It's the name. That glorious name, McDonald's. It could be, anything you want it to be... it's limitless, it's wide open... it sounds, uh... it sounds like... it sounds like America. That's compared to Kroc. What a crock. What a load of crock. Would you eat at a place named Kroc's? Kroc's has that blunt, Slavic sound. Kroc's. But McDonald's, oh boy. That's a beauty. A guy named McDonald? He's never gonna get pushed around in life.

    Dick McDonald: That's clearly not the case.

    Ray Kroc: So, you don't have a check for 1.35 million dollars in your pocket? Bye Dick.

    Dick McDonald: So if you can't beat'em, buy'em.

    Ray Kroc: I remember the first time I saw that name stretched across your stand out there. It was love at first sight. I knew right then and there... I had to have it. And now I do.

    Dick McDonald: You don't have it.

    Ray Kroc: You sure about that?

    Ray Kroc: Bye Dick.

  • Ray Kroc: Look, if you don't wanna make a profit, that's fine.But don't stop the rest of us.

    Dick McDonald: Us?

    Ray Kroc: Us, as in everyone but you.

    Dick McDonald: Who did you send them to?

    Ray Kroc: Everyone but you.

    Dick McDonald: You have no right. You are to stop this instant, is that clear?

    Ray Kroc: Nah...

    Dick McDonald: What the hell does that mean, nah? You will abide by the terms of your deal.

    Ray Kroc: I am through taking marching orders from you... You and your endless parade of NO's. Constantly cowering in the face of progress.

    Dick McDonald: If phony powdered milkshakes is your idea of progress you have a profound misunderstand of what McDonald's is about.

    Ray Kroc: I have a far greater understanding of McDonald's than you two yokles.

    Dick McDonald: What? You will do as we say.

    Ray Kroc: Nope.

    Dick McDonald: You have a contract!

    Ray Kroc: You know, contracts are like hearts... they're made to be broken.