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re: Did the McDonald brothers (original McD's) get royally screwed, or were they just stupid?
Posted on 7/16/19 at 5:18 pm to Crackerj
Posted on 7/16/19 at 5:18 pm to Crackerj
Kroc franchised it and made no money. He then bought the land and leased it to owners building a franchise and eventually bought them out due to only leasing the land was what was making profits
0
Posted on 7/16/19 at 5:24 pm to willymeaux
quote:
I bet the ice cream machine worked under the brothers
If you’ve seen the movie you’ll know it worked so well they needed 6 of them.
Posted on 7/16/19 at 5:37 pm to willymeaux
quote:Damn right did you see the movie? They were making like 20 shakes at the same time before Kroc decided to use the milk based mix that you put in the machine which is of course supposed to work but hardly does.
bet the ice cream machine worked under the brothers
Posted on 7/16/19 at 5:37 pm to VolsOut4Harambe
A little bit of both.
Posted on 7/16/19 at 5:41 pm to VolsOut4Harambe
Before the second brother died, he had a curse placed on the chain. Something about ice cream machines not working.
Posted on 7/16/19 at 6:20 pm to keakar
It seems they did not have the ability to think of it but I would have kept my one store and said I dont have to listen to what you do.
Posted on 7/16/19 at 6:23 pm to VolsOut4Harambe
The brothers under estimated Kroc and lost out is all
Posted on 7/16/19 at 6:32 pm to Fat and Happy
Kroc had to twist their arm to begin with, they didn't want to franchise at all. He finally convinced them, paid them handsomely, and eventually they got bought out. Nobody screwed anyone. Well, Kroc screwed that investor's wife in Minnesota.
Posted on 7/16/19 at 6:53 pm to prplhze2000
quote:
$2.7 million then is probably $30 million today.
I'd be ok with $30 million even if the new owner made OT baller money. I'd live like a king off that.
Posted on 7/16/19 at 7:26 pm to VolsOut4Harambe
quote:
Kroc saw ways to cut costs and increase profits, but couldn't execute due to his contract with the McD brothers and their disagreements with the ideas.
uh, McDs wouldn't be a household name because of their limitations. Yet they are well enshrined as an American icon. So, pocketed 2.7M in 1950s money, and lent their name as cultural icons
win/win
Posted on 7/16/19 at 7:49 pm to kywildcatfanone
quote:
If I'm not mistaken, McDonalds is the largest landowner in the world
You're mistaking.
They are one of the largest corporate land owners, though.
Posted on 7/16/19 at 8:55 pm to VolsOut4Harambe
Posted on 7/16/19 at 9:01 pm to VolsOut4Harambe
So he had a handshake agreement with them to give them 1% of revenues but never did it. Sounds like he was a pretty big scumbag.
Posted on 7/16/19 at 9:17 pm to VolsOut4Harambe
The "screwing" was that Kroc supposedly promised the McDonalds a royalty in perpetuity that wasn't in writing. This is emphasized in the movie, but doubtful in reality. No one ever claimed this handshake deal occured except one nephew of the McDonalds, after they died.
Posted on 7/16/19 at 9:25 pm to VolsOut4Harambe
quote:
In your opinion, did they get screwed by Kroc, or were they stupid and deserving of their fate?
They were stupid to not get a contract for the royalties and relying on a handshake, but they would have never had the vision that Kroc had anyway.
I think the $2.7 million they got for the trademark was compensation enough, they would have never made that much if Kroc had never come along. Not to mention that $2.7 million was a lot of money in that time period.
Posted on 7/16/19 at 9:31 pm to Crackerj
Ironically, Kroc met the brothers trying to sell them ice cream machines.
Posted on 7/16/19 at 9:49 pm to Corkfather
I wonder if that handshake deal was really real or just put into the show
Posted on 7/16/19 at 9:52 pm to Dandy Lion
quote:Hey stupid, you still vertical?
Dandy Lion
Have you been worshipping the pope or asking any dead people to pray for you?
Posted on 7/16/19 at 11:57 pm to Priapism99
quote:
TL;DR
MacDonnols is for poors
That TL;DR stuff really makes you look educated and smart. Good job for posting something that actually has no meaning to the topic other than McD's rots your teeth.
Posted on 7/17/19 at 5:08 am to VolsOut4Harambe
Who cares McDonalds are for fat asses and poor people
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