American Business
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Napoleon Hill: Habits of Success
It was the late 19th century, during the industrial revolution, a time when some men made riches well beyond the average American, that Andrew Carnegie made his great wealth in the steel industry. A philanthropist he funded an important and influential project that would take 20 years to complete. The 1908 Carnegie funded project was conducted by Napoleon Hill. Napoleon interviewed hundreds of men based on their common defining factor of great power and success in the world. He compiled his data and extrapolated from it a list of common core principles. He proposed that if you follow the laws of success that great men held to, you too could succeed in a significantly large scale manner.…
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Henry Ford and the Assembly Line
It was on this day in history, December 1, 1913, that Henry Ford introduced us to the mass production of the American automobile. Ford installed the first moving assembly line that succeeded in mass producing all the parts necessary to make a complete car. His inspiration was modeled after the continuous-flow methods that were used in the production of flour, beer, canned goods and also seen in Chicago’s meat-packing plants. However, the concept had its origin several hundred years prior in Venice’s ship building industry, where they used pre-made parts and an assembly line. The Venice Arsenal factory managed to produce nearly a ship a day! It is the first…
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Eastman Kodak
Kodak to sell film business By Aaron Smith @CNNMoneyAugust 24, 2012: 2:25 PM ET Eastman Kodak is selling off its film business as part of its effort to emerge from Chapter 11. NEW YORK (CNNMoney) — The venerable but bankrupt camera company Eastman Kodak has put the iconic film portion of its business up for sale. Eastman Kodak said on Thursday that it’s selling the business unit, which includes its “traditional photographic paper and still camera film products.” Film has been overtaken by digital imaging in recent years. The unit also includes its retail division, which encompasses tens of thousands of photo-printing labs and kiosks, as well as its “event…