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Tag Archives: Ray Kroc

Recession Tip: Eliminate Competitors

by admin on June 07, 2010

Tweet Ray Kroc grew McDonalds from a few locations to the enormously powerful brand we all know and secretly crave. He had a particularly cut-throat saying about business: “When the competition is drowning, stick a hose in their mouths.” While that sounds brutal, Kroc understood that in a recession competitors leave themselves vulnerable. He knew ...

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