How McDonalds became a billion dollar company
From 1 location to over 40,000 worldwide restaurants.
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Raymond Albert Kroc was born on 5 October, 1902.
At 13 he opened his first business, a lemonade stand. This was followed by a music store he opened with two friends.
He forged his ID to go to war when he was just 15. This seems to have been the thing to do at that time, as Walt Disney did the same. In fact, that’s how the two met.
Shortly after completing his training, the war ended. This was followed by a period of odd jobs and piano playing, before finally settling in at Lily Tulip Cup Co, selling paper cups.
A decade later, he started selling milkshake multimixers, which is how he found about this restaurant called McDonald’s.
The rest, as we all know, is history.
One Lesson from Ray Kroc
It’s never too late.
At 59, he bought McDonalds for $2.7 million.
His success has become a legendary example in the business world, showcasing that it's possible to achieve groundbreaking success at any stage in life.
His story is a powerful reminder that with determination, vision, and hard work, it's never too late to pursue your dreams or change the course of your career.
Today, there are over 40,000 McDonald’s restaurants worldwide, generating $25 billion a year.
Never give up.