Along with five younger siblings, Adolph Ochs was raised in poverty in Knoxville, Tennessee, by his scholarly but financially unsuccessful father and inspirational mother. In 1869, at the age of eleven, he developed an interest in the newspaper business, delivering...
One of the myths about great entrepreneurs is that they love risk and are big gamblers. In fact, they usually do everything they can to reduce risk and are rarely true gamblers. But there is always an exception to the rule. This is the story of one of those...
The grandson of slaves, Arthur George Gaston was born in 1892 in Demopolis, Alabama, to Rosie Gaston. There is no record of his father’s name, who died shortly afterward. A. G. Gaston started with nothing but the encouragement of his mother and grandparents. Over the...
Before there was Amazon, there was Sears, Roebuck, using the mail-order catalog where the Internet is used today. Before Walmart was the world’s largest retailer (and company of any type), there was Sears, Roebuck, in its glory days by far the largest retailer on...
It’s December 1875. Thirty-one-year-old Henry John “HJ” Heinz is bedridden the entire month with deep depression. On some days, he cannot even get out of bed. His world has collapsed around him. For the last six years, he and his friends and financial backers, the...