Most inspiring short story, that will change the way you think about life!
Most inspiring short story, that will change the way you think about life!
Ray Kroc, the founder of the McDonald's Corp, once asked really simple question while addressing the MBA students at the University of Texas. His final answer will thrill you....!!!
Ray Kroc, the founder of the McDonald's Corp, once asked really simple question while addressing the MBA students at the University of Texas. His final answer will thrill you....!!!
Ray Kroc, Founder McDonald's
Folks! What business do you think I'm in?
Student
(Laughed) Ray, who in the world does not know that you're in the hamburger business.
Ray Kroc, Founder McDonald's
That is what I thought you would say. But that's not completely true.
Student
Off course Sir! Without a doubt...!!!
Ray Kroc, Founder McDonald's
(Smiled) Ladies and gentlemen, I'm not in the hamburger business. My business is real estate!
All Students
Hey! You must be kidding..!!
Ray Kroc, Founder McDonald's
This is because, my primary business focus is to sell hamburger franchises, but the sight of the location of each franchise is what matters the most to my business. My profession is sales but my business is owning real estate.
And today, McDonald’s is the largest single owner of real estate in the world, owning even more than the Catholic Church.