Entrepreneurial ROles
- Risk Taker
- Spark Plug
- Strategist
- Innovator
1. Risk Taker: When Ray Kroc realized the potential that the McDonald's business had to grow and develop, and how much potential he could harness monetarily from the business, he came into the role of an entrepreneurial risk taker. Kroc did not allow the risks of failing outweigh the potential benefits the business could provide.
2. Spark Plug: Once Kroc began developing his business, he supplied the motivation and confidence his employees needed to help him manage his restaurants.
3. Strategist: In order to improve McDonald's, Ray Kroc had to develop and expand upon his business. This means that he had to strategize ways he could make his restaurants more efficient, higher quality, and just generally excellent in terms of service.
4. Innovator: Once Kroc developed ways to improve upon McDonald's he became an innovator-he implemented new services which would turn his strategies into realities.