Milton Hershey Entrepreneur

The brand Hershey’s is one of the biggest names associated with candy. The silver wrapper of a Hershey’s Kiss is iconic, the theme park lots of fun, and the styles of candy bars endless. However, I’ve never stopped to wonder what went into creating such a recognizable company. Everyone knows the man behind Disney, that being Walt Disney, but few know the mind behind the biggest candy company in the world. I was very curious as to who started Hershey’s, as well as why. And finally, how the company managed to become so big. For these reasons, I choose to research Milton Hershey. Milton Hershey began the Hershey Chocolate Company in 1894. Since its founding, it has become the largest chocolate manufacturer in the world. Hershey began his confectionary

Firstly, Hershey was a risk-taker. As his father often left him and his mother for extended periods of time, and then eventually was cut out completely, Hershey spent most of his time helping on his family farm. He chose to take the risk to leave school when he was only 13. Having no formal education, Hershey learned to rely on the skills he learned in the real world. Later in life, he used these skills to start a confectionary business, multiple times. Next, he had persistence. Hershey started three confectionary businesses before The Hershey Chocolate Company, two of which were unsuccessful. Though broke, he didn’t stop trying. And, on his third attempt, Hershey started the very successful Lancaster Caramel Company. Hershey was a very restless man as well. He traveled to many places, including Chicago and New York City, to open business. He then sold the Lancaster Caramel Company, which was very successful at the time. From this, he moved on from caramel and started making chocolates, eventually perfecting the now famous Hershey’s recipe. Finally, Hershey must have had amazing financial skills. He started his first candy business on $150 borrowed from his aunt. He started Lancaster from a small bank loan, and turned it into a very successful and rich