Sunday, October 08, 2006

Five and Dime......



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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."
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The greatest risk in life is not taking any risks at all. In life, people rarely regret when they tried, but didn't succeed. They regret when they never tried at all.

What will YOU try this week?

3 comments:

Lisa said...

What a great thought to begin the week. I had to laugh reading your meme and I HAD to wonder if #15 happened because of #9. LOL

My pastor is a big UT fan/graduate. He often wears an orange tie on the Sunday of a big game.

~Nancy~ said...

Hummmm, never thought about it like that.
LOL...just kidding...no they were unrelated. (and #9 was not nearly as exciting or risque as it sounds....not when you work with your hubby, or did..he is an ex now).
Thanks for stopping by!

Jerri said...

LOVE how much you're blogging lately.

With The Feller gone, there's probably more time. I'm sorry you've been lonely but so glad you're sharing more with us.

Your thoughts about risk make me think of Jimmy Buffet's line, "I'd rather die while I'm living than live while I'm dead."