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Sunday, March 27, 2011 1:30:59 PM
Henry Ford- started and failed at 5 business ventures before starting Ford
R.H. Macy- started 7 business ventures before making it with Macy's dept. store
Akio Morita- started with a rice cooker , only sold 100 units. Went broke, then he and his partners started Sony.
Walt Disney- number of businesses that failed and even went bankrupt before starting Disney.
Bill Gates and Paul Allen_ first formed a company called Traf-o-Data that failed before coming up with Microsoft.
Thomas Edison- fired from his first couple of jobs, struggled with all his at the time unrealistic ideas before successfully invented the first light bulb.
The list goes on and on. So based on stated company it is not such a bad thing to struggle initially and also based on current moves re: Earth Metals acquisition, $10 million credit line, established 3-4k client base, now international outlets and expanding product lines than I would say Vince is starting out with a pretty good jump start. This is just the early stages of what could be a HUGE conglomerate.
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