Chapter
Taking a Year Off to Save a Business
50:35 - 1:04:19 (13:44)
Gary talks about how he saved a franchisee's failing business and how the McDonald brothers stumbled upon a way to cure potatoes instead of inventing a way to cook French fries. He also discusses how he managed to take a year off in 1989 despite running a hectic business.
Clips
McDonald's brothers had unintentionally discovered a way to cure potatoes to make their fries perfectly crispy.
50:35 - 55:14 (04:39)
Summary
McDonald's brothers had unintentionally discovered a way to cure potatoes to make their fries perfectly crispy. Ray Croc, the founder of the McDonald's franchise, duplicated the process and the success of their fries became history.
ChapterTaking a Year Off to Save a Business
Episode#401: Gary Keller — How to Focus on the One Important Thing
PodcastThe Tim Ferriss Show
The founder of Keller Williams Realty, Gary Keller, shares his experience in building a successful franchise business, from creating manuals on how franchisors dealt with different issues, to making decisions with guidance, and to transitioning from licensing agreements to franchising.
55:14 - 1:04:19 (09:04)
Summary
The founder of Keller Williams Realty, Gary Keller, shares his experience in building a successful franchise business, from creating manuals on how franchisors dealt with different issues, to making decisions with guidance, and to transitioning from licensing agreements to franchising.