Tuesday 29 January 2013

Lack of vision

Many years ago a young man went to work at a hardware store. He found all sorts of junk that took up space but did not sell well. This clerk asked the owner to allow him to put it all on one table and sell each item for 10 cents. He did so and had a successful sale. Later he did the same thing, and had another successful sale. The clerk approached the owner and suggested that they open up a store specializing in items that cost only a nicle or a dime. The owner thought it was a bad idea and refused. The clerk went into business for himself and became very successful with his idea. His name was F.W. Woolworth. His old employer later said, "I have calculated that every word I used to turn young Woolworths down cost me a million dollars."

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