Grinding It Out - Chapter 10 Summary & Analysis

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Chapter 10 Summary and Analysis

Ray met a married woman named Joni, with whom he fell head over heels in love. He offered to divorce his wife, Ethel, if Joni would marry him. She, at this time, declined his advances.

The most important thing on his agenda was to cut off ties with the McDonald brothers because they were doing nothing to help him or the company. They only wanted to run their San Bernardino shop and didn't care about expanding or helping Ray expand. The brothers wanted $2.7 million dollars, and Harry got the loan from a man named John Bristol. They took the loan out in 1961, and based on the sales of that year, they projected they could pay the loan with the added interest by 1991. However, because sales were so good in the years that followed, they paid it off by 1972. With the additional...

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This section contains 395 words
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Buy the Grinding It Out Study Guide
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