Home Entrepreneur Lessons learned from Ray Kroc, Milton Hershey and other great food business...

Lessons learned from Ray Kroc, Milton Hershey and other great food business founders


April 15, 2021

5 minutes of reading

Comments expressed by Businessmen the contributors are their own.


Legacy of , Richard McDonald, Maurice McDonald, , Ken Hardy, Jur van Hoorn, Adolphus Green, John Stith Pemberton, Asa Griggs Candler, Caleb Bradham, Will Keith Kellogg, CW Post, Harry Burnett “HB” Reese, James L. Kraft, Herman Warden Lay, Elmer Doolin, Dan and Frank Carney, Dr. John T. Dorrance and many other great men paved the way for the way we do it. today. They all have thoughts beyond their current circumstances and possess business acumen. Marjorie Merriweather Post was also very influential after inheriting her father’s business, but faced unique challenges she had to overcome.

Their contributions give amazes me; they responded to their market conditions and thrived on it. Our industry leaders, most of them, start in their kitchens when there is little or no safety regulations or instructions. Our gadgets today were once hard to reach luxuries, but they make us easily accessible. Their brands and products caught our attention and kept us craving their products long after they were gone. The will come back when to be restored, that is for sure. I expect creativity and ingenuity at an all-time high and I’m excited about what the future will have.

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Understanding business, how to generate profitable revenue, implementing strategies to increase operational efficiency and How your customers need to be served is far more important than the home’s cooking and experience before and after. Business acumen is what entrepreneurs need to survive, not just during a pandemic, stock market crash, natural disaster or subsequent recovery efforts – what is essential is survival. now in its purest form. Looking at our industry leaders and the challenges they face, it looks like they’ll need a real miracle to overcome them. But the way they succeeded is not miraculous; It is all about courage, skill, and perseverance to achieve one goal: innovation.

Related: How to make your restaurant more customers and more money

We have access to modern and resources That makes it much easier for us to be productive. If you are working in the food industry and your only focus is on producing great dishes in an environment with a pleasant atmosphere, then it is likely that you will invest in improving the improvements. wrong field.

Businesses that find or create essential and necessary ways, not a luxury, have a higher rate of success. You should find ways to incorporate technology into your practices to increase efficiency and . Serve your customers the way they expect to be served the fastest and most efficiently, which may mean you need to improve or reduce menus, redesign packaging for shipping, or increase shelf life. Businesses addressing common challenges and constraints with innovative solutions will most likely stay on top.

Collaboration, creation , merging, packaging extends travel time and shelf life, etc. are what really matters. If a culinary artist focuses only on the food and what they will serve, their vision and then their customers, then they will not be able to succeed in this ‘art business’. . To make a name in the industry, don’t think in a confined space like a box or a circle. Be a student of your business, customers, products and services while always researching trends, patterns, feedback, systems, processes, etc.

Yes, customers love perfection in your menu but that’s not all it takes to thrive in the food industry. The foundation of a reputable restaurant lies not only in the signature heirloom recipe presented with A grade coating or a comfortable atmosphere, but also the overall customer experience – from the moment they go. Visit your website to order online or make a reservation until they enter your facility and until they pay the bill.

I believe it’s important for businesses, especially restaurants, to operate fully and not just focus on a specific area like food or services. All aspects must be combined together to gain customer trust and satisfaction. I look forward to seeing companies adopt what they have learned and create a clearer vision with a foresight. Innovation. Skillful.

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