A ten cent idea

A Ten Cent Idea

Hi! If you are new here, you might want to check out my BRAND NEW Goal Setting Guide here

When young F. W. 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 F. W. 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.”

Author Unknown

Dance like No One’s Watching We convince ourselves that life will be better after we...
The Cantor and the Clansman One sunny Sunday morning in June 1991, Cantor Michael Weisser...
Ten Steps to Goal-Getting These ten steps from best-selling author and personal achievement legend...
Footprints One night a man had a dream. He dreamed he...
Don’t Punish Every Mistake In one of my assignments as a young infantry officer,...