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The house servant who pioneered the franchising business model
None of the Morgans, or Loebs, or Belmonts, or Barings, who shoveled billions of dollars into American railroads, and telegraphs, and steel mills, and iron and coal mines, thought about selling wrapped and scented ladies’ soap. But that, it emerged, was what all that infrastructure was for. P&G used tree resin instead of animal tallow for the f
... See moreCharles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
In September 1995, Pierre Omidyar, a 28-year-old computer programmer, finished the code for what would soon become eBay. Searching around for a test item, Omidyar grabbed a broken laser pointer and posted it for sale with a starting price of $1. The laser pointer sold for $14.83. Astonished, Omidyar contacted the winning bidder to make sure he unde
... See moreAlex Taborrok • Modern Principles of Economics
What owning a job means is they start a business in which they are the only employee, which means they are in high demand.
Myron Golden • From The Trash Man To The Cash Man
Candice Gwinn owns and operates Trashy Diva