The Difference Between Business and Entrepreneurship Through "The Great Entrepreneur"

Myron 2022-03-21 09:01:52

Entrepreneurship is not something that the general public can do at all, and most people are just doing something for a business. "Mass Entrepreneurship" merely encourages the masses to find their own way.

1. What is doing business?

Business can be divided into good business and bad business. Those who can get food and clothing or make money are good businesses, and those who lose money are bad businesses. Just like the McDonald brothers started fast food restaurants, after reengineering the drive-thru process, fast food restaurants became a good, profitable business. The two lived happily on the income of fast food restaurants. If there is no accident, the two brothers are only the owners of fast food restaurants. Although, unexpectedly, the two brothers were unwilling to sell the McDonald's brand to Ray Kroc. But it is also the best ending for them, because it is impossible for them to make McDonald's a world brand.

McDonald's Brothers' Improved Self-Pickup

2. Entrepreneurship is to do things with a growth rate;

Ray Kroc acquired the franchise after learning about the business model of McDonald's fast food restaurants. Mortgage the house for a loan, put everything you have to do it. On the verge of bankruptcy, new ways are still being tried, trying to pull the company out of the quagmire. After operating a fast food restaurant with the concept of a real estate company, McDonald's has achieved extremely rapid growth. Entrepreneurs need courage, but they also need to define the business model of the product. The McDonald brothers saw fast food restaurants as their breadwinner business, and Ray Kroc saw fast food restaurants as the starting point for realizing his great dreams. And continue to put it into action, the entrepreneurial spirit needed to start a business. Entrepreneurs without this spirit cannot survive the survival of the fittest in the market.

Ray Kroc runs McDonald's fast-food restaurant on a real estate model

Here's a synopsis of the movie about "The Great Entrepreneur":

https://www.ixigua.com/i6831339693376799244/

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Extended Reading
  • Kaci 2021-11-23 08:01:12

    People with ideas cannot become entrepreneurs if they are not evil enough. After reading it, I am very sympathetic to the Mai brothers.

  • Kole 2022-03-26 09:01:05

    Brilliant editing, amazing soundtrack, and McKeton's perfect performance...

The Founder quotes

  • Mac McDonald: [Giving Kroc his first tour of McDonald's] Speed. That's the name of the game. The first stop for every McDonald's hamburger is the grill. Manned by two cooks, whose sole job it is to cook those all-beef beauties to perfection. Meanwhile, as the patty cooks, our dressers get the buns ready. Watch out. Burger crossing!

    McDonald's Employees: Burger crossing!

    Mac McDonald: Every McDonald's burger has two pickles, a pinch of onions, and a precise shot of ketchup and mustard.

    Ray Kroc: [Points to the ketchup and mustard despensers] Now, where did you get those?

    Mac McDonald: We made them.

    Ray Kroc: Made them?

    Mac McDonald: Yes, custom-built. The whole kitchen is. Next, this is the finishing station where we put the whole thing together. And...

    [Leads Ray to the end of the line, holding up a wrapped hamburger]

    Mac McDonald: Voila! A fresh, delicious burger from grill to counter in 30 seconds.

  • Mac McDonald: This is not your company, Ray!