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Dear Hubbers, I’ve just had a chance to see up coming movie: The Founder staring Michael Keaton. It’s the true story of how Ray Kroc (Michael Keaton) a salesman back in 1953, met the two MacDonald brothers who were having success with their first speedy burger restaurant. It chronicles how he took that concept and made it an American success story. While all that’s interesting to any prospective entrepreneur with lots of business lessons, dressed up as a fun film, it has a particular resonance to our industry. SPOILER ALERT. Actually, I don’t feel too guilty about this as I already knew this and many reviewers will spill the beans anyway: Kroc discovers something: McDonald’s isn’t a restaurant business, or a burger business or a milk shake business, it’s a property business. Insomuch, they buy prime real estate and lease it along with the restaurant franchise. Thereby keeping control of costs and quality. Surely something that any Rich Dad, Poor Dad aficionado would endorse? Anyway, it’s a great film, and Michael Keaton is fantastic too - although I suspect, without scantily clad ladies, guns, explosions and super heroes, it won’t break box office records. Arrives in cinemas in Feb 2017. Enjoy. Pete
