Confectionary Espionage to Win Over Our Sweet Teeth
The story of Milton Snavely Hershey comprises the classic mathematical formula of the American dream: Adversity + Hard Work + Resilience + Giving Back to Your Community = Successful Life and Legacy. Today’s story will also include two small doses of “borrowing”.
Hershey failed twice in business before opening the Lancaster Caramel Company in 1886. Miserably. Though the third try did end up being the proverbial charm, the company came close to completely failing. Hershey was plagued with bad credit after these prior failures. A bank cashier came to the rescue by co-signing the loan himself, giving Hershey the liquidity, he needed for a batch of raw ingredients that would keep the company going.
Perspiration also needs a bit of inspiration. In 1893, Hershey had gone to the World’s Columbian Exposition in Chicago and attended a demonstration of a German chocolatier. This demo included machinery that streamlined the entire chocolate-making process....
“Show Me Your Friends and I Will Tell You What You Are”
Spanish Proverb
People have a huge impact on your life. “You are the average of the five people you spend the most time with,” says American entrepreneur and motivational speaker Jim Rohn.
You should think about the people you are associating with the same way you think about what you eat and how you’re exercising. Here are a few examples on just how poignant this one reality can be.
The “PayPal Mafia” is a group of former PayPal employees and founders who have since founded and developed additional successful technology companies such as Tesla, Inc., LinkedIn, Palantir Technologies, SpaceX, Affirm, Slide, Kiva, YouTube, Yelp, and Yammer. Most of these so-called members attended Stanford University or University of Illinois at Urbana-Champaign at some point in their studies.
Why do we denigrate a smoothly run southern Mediterranean conglomerate with tight hierarchical...
Like what you see?
Subscribe to The Weekly to receive actionable advice and “outside of the box” ideas for all things business from Shield Advisory Group.
Surround Yourself With 1000's of Like- Minded Business Owners and Leading Experts.
Recent Posts
