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Milton Hershey's Success Essay

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The basis of the United States is founded on an entrepreneurial spirit. Whether it’s a child selling lemonade on the street or a college dropout sitting in his basement trying to develop better ways for people to connect, the initiative and creativity of entrepreneurs feed us, clothe us, and revolutionize how people across the globe communicate. The strength of our economy, from past to present, and the vast majority of jobs created in the United States are thanks to the imagination and inventiveness of entrepreneurs. These tycoons, however do not make a name for themselves without risk. Creating a new business takes an eye for usefulness, commitment, a successful business plan, hard work, and many resources. An investment must be made and a chance must be taken for any probability of the business to succeed. With just as many enterprises failing as they do succeed, becoming an entrepreneur takes a close eye to …show more content…

Hershey was an exemplary businessman, one who not only treated his employees with dignity and respect, getting love and loyalty in return, but also showed vast amounts of perseverance, ingenuity and an amazing ability to bounce back from failure. From one failed candy business to another and an eventual bankruptcy, Hershey refused to do what any sane man would do if they were in his position, give up. With his family turning their backs on him, refusing to give him any more money, Hershey found salvation in an old friend who allowed him to live with him and also loaned him money to bring some candy-making equipment from New York. Creating a unique concoction, "Hershey's Crystal A" caramels, he was able to receive a $250,000 loan, which he used to expand his business. By 1894, Hershey was producing more than 114 different types of chocolate candies, including his still now famous milk chocolate Hershey

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