Ray Kroc had a pretty mediocre career until he got involved with franchising McDonald's locations. At 52 years old, he took on a business venture that would change his life and the fast-food industry forever.

Even with this “late start”, he still managed to make billions! Great inspiration for anyone who thinks it’s too late to pursue an entrepreneurial dream.

In this episode, we’ll uncover the lessons Ray applied from his pre-McDonald’s careers, as well as the steps he took to grow the restaurant chain into a massive success.

P.S. I’ve adjusted the story's dollar figures to 2022 dollars to provide context. However, the “15 cent hamburger” quote at [8:03] is not adjusted to today’s dollars.

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Disclaimer:

This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.