{"id":128143,"date":"2015-12-17T09:55:53","date_gmt":"2015-12-17T15:55:53","guid":{"rendered":"http:\/\/dyspepsiageneration.com\/?p=128143"},"modified":"2015-12-17T09:55:53","modified_gmt":"2015-12-17T15:55:53","slug":"the-mcdonalds-quotient","status":"publish","type":"post","link":"https:\/\/dyspepsiageneration.com\/?p=128143","title":{"rendered":"The McDonalds Quotient"},"content":{"rendered":"<p><a href=\"http:\/\/themacro.com\/articles\/2015\/12\/the-mcdonalds-quotient\/\" target=\"_blank\">Read it.<\/a><\/p>\n<blockquote><p>Our company was born out of my own experience as the owner of seven franchised ice cream stores. But years before I owned a chain of quick-service retail establishments, I worked at one. I worked at McDonald\u2019s, where I slung french fries, scrubbed high-chairs, and worked the drive-thru for $6.40\/hour\u00a0(Canadian!)<\/p>\n<p>This investor that sat in front of me was successful. Wealthy. Smart, really smart. He attended an elite private school, and earned two different degrees from separate Ivy League\u00a0institutions.<\/p>\n<p>But he had never worked at McDonald\u2019s\u00a0before.<\/p>\n<p>And I bet he had never known anyone that\u00a0had.<\/p>\n<p>It made me feel a bit like a savant. Here was this brilliant, successful man, who knew 2X or 3X more about many things than I did. But I knew 100X or even 1000X more about a huge part of the world that he had never really\u00a0experienced.<\/p>\n<p>There are 20 million retail workers in America, with two million of them working at McDonald\u2019s and Walmart alone. Call it whatever you want: \u201cthe middle class\u201d, \u201cthe working class\u201d, \u201cblue collar workers.\u201d Whatever euphemism you choose, the fact is that a huge portion of North American workers are supporting themselves and their families by working for an hourly wage, often close to the minimum, in retail or\u00a0hospitality.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Read it. Our company was born out of my own experience as the owner of seven franchised ice cream stores. But years before I owned a chain of quick-service retail establishments, I worked at one. I worked at McDonald\u2019s, where I slung french fries, scrubbed high-chairs, and worked the drive-thru for $6.40\/hour\u00a0(Canadian!) This investor that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-128143","post","type-post","status-publish","format-standard","hentry","category-think-about-it"],"_links":{"self":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/128143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128143"}],"version-history":[{"count":1,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/128143\/revisions"}],"predecessor-version":[{"id":128144,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/128143\/revisions\/128144"}],"wp:attachment":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}