Thursday, January 14, 2021

Small Businesses that didn't quite cut it

 


In 1947 traveling ice cream machine salesman came up with an idea. A coffee pot that could severve multiple cups at a time. He tried to market it but the American Diner owner was too conservative. He sold his pattern to some guy in Seattle who wanted to open a shop selling burned coffee, shitty muffins and Josh Groban CD's/.

This is the second big investment that old Tom lost out on. His fellow traveling salesman Ray Kroc tried to get him to invest in this little corporation called McDonalds.

He decided to stick with ice cream.

1 comment:

ampersand said...

My neighbor who came from Italy after a few years had an itch to buy some stocks and hit it big. He and a friend pulled their resources and decided to invest in a newfangled hamburger chain. Their choices were Henry's or MacDonald's. Guess which one they chose.