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Why was Richard Branson arrested?

In the early 1970s, whilst Branson was bootstrapping his mail-order record store, Virgin Records, he made the mistake of trying to evade the heavy British sales tax known as the VAT (value added tax) by pretending to export the records thereby making more profit per record sold. He was quickly caught, confessed and put on [...]

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How did the John Hancock Building in Chicago evolve?

Jerry Wolman was born during the Great Depression, during 1927, in poverty-struck Shenandoah, Pennsylvania. He didn’t see himself working in the mines so he labored mightily, starting to work at age 8 to rise above the crowd. Finally, at age 17, after his father had a stroke (in 1944), Jerry, in desperation, attempted to enlist [...]

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What did Ray Kroc, the driving force behind McDonalds, and Henry Ford have in common?

Both of them applied the concept of the Assembly Line in a new way. An assembly line is a manufacturing process in which parts are added to a product in a sequential manner to create a finished product much faster than with handcrafting-type methods. The assembly line was first used in the U.S. by Eli [...]

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Why did Andrew Carnegie help Napoleon Hill to write “Think and Grow Rich?”

Before the popularity and wild success of Rhonda Byrne’s book, The Secret, Napoleon Hill fought for and finally published the founding source of motivational personal development and self-help books in 1937 with, The Laws of Success, which he later condensed into Think and Grow Rich at the bidding of Scottish-American steel magnate and philosopher, Andrew [...]

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