We all know that Ray Kroc founded the McDonald’s franchise back in the 1950s, and it then became the most successful business enterprise in history. Michael Gerber Read Quote
Ray Kroc called his first McDonald’s restaurant, which he opened in Illinois, ‘a little money machine.’ That’s why thousands of franchisees bought it. Michael Gerber Read Quote
The number of businesses that fold due to bad partnerships is staggering. In some cases, they are charlatans, in others inept business people, and others find themselves unable to scale with any growth. Michael Gerber Read Quote
Growing your own business is great. Watching your ideas come to life, taking care of new customers and watching them become repeat customers, and successfully building your team is a feeling that can’t be matched. Michael Gerber Read Quote
Your goal as an entrepreneur is to understand not only what your business does but the clients that it serves. If you really have your pulse on their needs and wants, then your ‘absolute’ failures are always going to have limits. Michael Gerber Read Quote
At some point, you have to declare an idea dead and, if not a failure, then at least not a success. Michael Gerber Read Quote
For decades, I’ve spoken of McDonald’s as one of the premier examples of how to build a company, scale it, and ultimately sell it. Michael Gerber Read Quote
It is one thing to seek out new ways to grow your company and new potential streams of income from new services or products, but it is quite another to take on responsibilities that are far from your primary job as Entrepreneur. Michael Gerber Read Quote
Quit being ‘busy’ and start actively owning and operating your company, and you’ll be able to understand where the money is coming from and how to make more of it. Michael Gerber Read Quote
