This Week in Startups
This Week in Startups
Jason Calacanis covers startups, tech, markets, media, and all the hottest topics in business and technology. He also interviews the world’s greatest founders, operators, investors, and innovators.
Jason Calacanis

Business Breakdowns: “The Founder” Ray Kroc and the Story of McDonald's | E1872

E1872 • Dec 29, 2023 • 84 mins

Lon Harris sits down with Jason to examine product-market fit and market-pull and their role in McDonald's success (21:11), the importance of complementary skill sets between founders within any startup. (32:41), the path of doubt, fear, and uncertainty that founders experience (45:29), and more!

Key Points

  • Resilience and the relentless pursuit of innovation and efficiency are central to startup success, as demonstrated by Ray Kroc's journey with McDonald's.
  • The importance of strategic deal-making and negotiation is highlighted by Kroc's ability to pivot from a failing franchise model to a lucrative real estate strategy.
  • Ownership and equity are crucial in business; the McDonald brothers' failure to retain equity in the rapidly growing McDonald's corporation resulted in a significant loss of potential wealth.
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Jason Calacanis

Host • 48%

Lon Harris

Guest • 45%

Nick Calacanis

Host • 6%




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