Fifty-nine years ago an American fast-food pioneer opened the first McDonald’s franchise which launched a company that would eventually become the world’s largest food chain. Ray Kroc opened the first franchised McDonald’s on 15 April 1955 in Days Plains, Illinois, in the United States.
The first McDonald’s restaurant was started in 1948 by brothers Maureece and Richard Macdonald in San Bernardino, California. Salesman Ray Kroc, who sold appliances to this small hamburger restaurant, was intrigued why they needed eight malt and shake mixers. When he visited the brothers in 1954 to see how a small fast-food restaurant could sell so many milkshakes, he discovered an efficient format that allowed the brothers to produce huge quantities of food at low prices. Continue reading “This business pioneer never put an age limit on entrepreneurship”