Author Unknown
When young FW Woolworth was a store clerk, he tried to convince his boss to have a ten-cent sale to reduce inventory.
The boss agreed, and the idea was a resounding success. This inspired Woolworth to open his own store and price items at a nickel and a dime. He needed capital for such a venture, so he asked his boss to supply the capital for part interest in the store.
His boss turned him down flat. "The idea is too risky," he told Woolworth. "There are not enough items to sell for five and ten cents."
Woolworth went ahead without his boss's backing, and he not only was successful in his first store, but eventually he owned a chain of FW Woolworth stores across the nation.
Later, his former boss was heard to remark, "As far as I can figure out, every word I used to turn Woolworth down cost me about a million dollars."
A 10 Cent Idea
Related Posts:
Freedom Giveaway Hop - The Day Hope Won
By Pandora Poikilos
*In conjunction with Independence Day (4th July) and Freedom Giveaway Hop, this post also pays tribute to the brave men and women who fight so we can be free, who bear witness to the atrocities that we a… Read More- The Longly Weds KnowBy Leah Furness
The longly weds know that it isn’t about the Golden Anniversary at all. But about all the unremarkable years that Hallmark doesn’t even make a card for.
It’s about the 2nd anniversary when they were surprise… Read More
- Until I Love MeAuthor Unknown
I keep my paint brush with me
Wherever I may go,
In case I need to cover up
So the real me doesn't show.
I'm so afraid to show you me,
Afraid of what you'll do - that
You might laugh or say mean things.… Read More
- What Goes Around ...Author Unknown
His name was Fleming, and he was a poor Scottish farmer. One day, while trying to make a living for his family, he heard a cry for help coming from a nearby bog. He dropped his tools and ran to the bog. There,… Read More
- I Am BlindAuthor Unknown
A blind boy sat on the steps of a building with a hat by his feet. He held up a sign which said: "I am blind, please help." There were only a few coins in the hat.
A man was walking by. He took a few coins fr… Read More
1 comments:
Interesting story--several Woolworths around where I've lived--loved the chocolate ice cream sodas at the soda fountain!
Post a Comment