Thursday, June 11, 2020

Reflection #1

1a) What surprised you the most?
What surprised me the most in this story is, first of all, how ambitious and a little cold-blooded Ray was with the McDonalds brothers. In the same way, I was also very surprised by the work Ray did in his past times before consecrating himself with the Mcdonlds empire. Also the age in which king was a millionaire since at 52, he is an advanced age.

1b) What about the entrepreneur you admired the most?

What I admire most about Rey is that he always had in mind what he wanted to do and always worked until he got what he wanted. However, even though he did a lot of damage to the brothers, he ended up giving them good money to live like kings. Also, what I liked most about Rey is that he always did everything legally and never thought of illegality, however I can question various attitudes.

1c) What about the entrepreneur you least admired?

What he least admired was the bad treatment he gave his partners.

1d) Did the entrepreneur encounter adversity and failure? If so, what did they do about it?

Yes, by getting married multiple times, having a very poorly paid job and having debts. However, the success came after 52 and he became a millionaire.


2) What skills did the entrepreneur notice that he exhibited?

The most notable and what helped him most to be who he was was the way he addressed people, his charisma, attitude and business vision. Likewise, his creative and innovative ideas helped him a great deal.

3) Identify at least one part of the reading that you found confusing.

What confused me the most was the issue of properties, and which made his fortune not by selling hamburgers, but by the real estate business and renting the lots in which his businesses would be installed.

4) If you could ask the entrepreneur two questions, what would you do? Why?
"Why doesn't McDonalds have a gourmet food line that excludes fast food?
"Why did you treat the McDonalds brothers so badly"

These questions are related since if the McDonalds brothers had continued to own this brand, they would have added this line of food since it would be healthier and richer.

5) For fun: what do you think the entrepreneur's opinion was about hard work? Do you share that opinion?

What I think is hard work is the ambition to become someone in life. This was well demonstrated in this story since at 52 years old one already thinks that one cannot become a millionaire.

1 comment:

  1. Javier,
    I also chose to read this book so I can definitely see some similarities. We can agree that he definitely had his troubles but at the end he was able to become successful despite it all. You made a good point when you mentioned the part you were confused about, I also don't understand that. In regards to one of the questions you would ask him, I believe McDonald's in countries like France or England actually have a different menu that is more suited to their culture. I have heard that McDonald's food is better in other countries but I have not had the chance to see for myself yet unfortunately.

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