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The better burger

Published on Nov 19, 2015

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PRESENTATION OUTLINE

The better burger

by Roland Lorson

this is jerry and his 5 sons

  • the original 5 guys

backstory

  • when he was younger, jerrys parents wernt around much
  • he was married and had three sons, but got divorced
  • jerry and his sons jim, matt, and chad all moved to northern virginia
  • jerry then married janie
  • they had two more sons, ben and tyler
Photo by armadillo444

the man

  • Five Guys was founded in 1986 by Janie and Jerry Murrell
Photo by justgrimes

the plan

  • jerry wanted his family to be close
  • he formed five guys to keep his family together
  • he also wanted to make a little money on the side
Photo by kevin dooley

origin

  • Murrell was born and raised in a middle-class family in Alpena, Mich
  • birth date N/A
  • He went to Alpena Community College for two years
  • then to the University of Michigan
  • He graduated in 1967 and took a job with AXA Equitable.
Photo by camknows

entrepreneur evolution

  • jerry opened the first five guys to keep his family together
  • they opened the second one for profit of the family buisness
  • then his family persuaded jerry to franchise
Photo by revrev

the product

  • jerry decided to make a better burger
  • he decided to make them better instead of faster
  • he chose quality over quantity
  • he is part of the "better burger" franchise clasifacation
  • he also wanted to make good fries, which are more difficult
Photo by Lodigs

achievements

  • Since 2006 the company has grown 792%, according to Technomic
  • The company is worth an estimated $500 million
  •  In 2009 President Obama stopped in for a cheeseburger
  • golfer Phil Mickelson told a roomful of reporters that Five Guys served
  • “hands down the best burger I’ve ever had.”
Photo by armadillo444

roles of entrprenuers

in regards to jerry
Photo by revrev

investor

  • jerry and his eldest 3 sons used their
  • collage funds to start the first five guys
  • this amounted to $70,000
Photo by *Grant*

innovator

  • people thought food businesses were small profit
  • jerry noticed restaurants that made a lot of money
  • he noticed that they put quality over quantity
  • jerry then created a better burger business based on quality
  • people fell in love with his idea of a better burger and better product
Photo by javYliz

stratiegest

  • jerry has overseen five guys since its creation
  • he has managed everything from who he sells
  • the franchise rights too to what is on the menu
Photo by MattHurst

risk taker

  • risked his sons collage funds to open the first five guys
  • risked building a second five guys that was said to be doomed to fail
  • risked ruining the business policy and quality by opening it to franchising
  • risked losing all his profits by staying open during the resesion
Photo by Ewan-M

spark plug

  • jerry and his sons still play a huge part in the company
  • constantly visits different five guys to asses them
  • offers a $1,000 reward to crews that live up to his standards
Photo by Monika & Tim

bibliography

  • "Five Guys." Wikipedia. Wikimedia Foundation, 18 Mar. 2014. Web. 21 Mar. 2014.
  • Burke, Monte. "Five Guys Burgers: America's Fastest Growing Restaurant Chain." Forbes. Forbes Magazine, 18 July 2012. Web. 21 Mar. 2014.
Photo by matteo77