how did james cash penney achieve his goals

"No matter what his position or experience in life, there is in everyone more latent than developed ability; far more unused than used power.". Web site: http://www.american, Mercantile Stores Company, Inc. The local bank cashier strongly advised Penney against opening a "cash only" store because three other merchants had failed to compete successfully with the stores of the mining companies, which offered credit. ." In his business practices, he believed that with a basic aim of making money he could still serve the larger community with fair values and honest dealings. (prolonged applause.)1. This makes a grand total of $63,049 made in my hair business in Indianapolis. 1100 North Market Street This article was based in large part onCreating An American Institution: The Merchandising Genius of J.C. Penney, by Mary Elizabeth Curry. This was his parents' way of teaching him the value of money and self-reliance. Have students work in groups of four or five to brainstorm ideas for a new business that would be successful in today's society. Only in her thirties, she found her hair was falling out. Now I realize that in the so-called higher walks of life, many were prone to look down upon "hair dressers" as they called us; they didn't have a very high opinion of our calling, so I had to go down and dignify this work, so much so that many of the best women of our race are now engaged in this line of business, and many of them are now in my employ.2, J. C. Penney Speaks to Associates in the Kemmerer Store, ca. "My business had crumbled, my communications with colleagues had faltered, and even my . By the time he died in 1971, JCPenney had more than 1,600 stores, many in newly-built suburban malls, and was the fifth . We open at seven, and never get closed till nine or ten oclock, work half day Sunday. According to James Cash Penney himself, the company slogan of "Honor, Confidence, Service, and Cooperation," was officially applied to the company philosophy, doctrine, and mission as a daily. The following activities will help students understand how hard work, ambition, confidence, a willingness to take risks, knowledge of potential markets, as well as lots of luck, contribute to success in establishing and operating a business. Johnson, Callahan, and Penney opened a store in another mining town, Cumberland, Wyoming, around the first of 1905.

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