Recession
is generally viewed by people as a time of failure where
even the most richest people can feel the hit. However, some
of the top businesses of today actually were created in a
time of economic turmoil.
Inc.com
has compiled a list of big names that emerged during such a
time and continue to thrive today.
Coors founded when the country
was in the middle of a 6 year recession
Wrigley gum was the giveaway
for people who were buying their soap and baking powder.
Gum turned out to be more in demand than the other products
so that became their main product.
UPS founder spent $100 in 1907
during a time of high interest rates and sagging stock
market. Originally they passed messages. The owner
insisted that the delivery boys be on time, be tidy and
treat customers with courtesy.
GM owner bought stocks when
they were really low, used the money to start GM
Disney brothers Walt and Roy came to Hollywood from
Kansas after their previous company went bankrupt.
They were turned down for financing over 200 times.
HP - started with $538 in a
garage in CA
Dominos started with $500
near a college in Michigan
Microsoft their first office
in an Albuquerque motel room
Back to survive & thrive
