Monday Morning Motivational and Inspirational Quotes and Real Stories for Engaging the Marketplace by Otakada.org series 2 of 52
Series: 2 of 52 – 2019
Date: 30th of September 2019
Welcome to today’s series of Monday Morning Motivational and Inspirational Quotes and Real life real success stories for the marketplace by Otakada.org Series 2 of 52
This week, you are receiving the following engaging content from Otakada.org Monday Morning Motivation Series 2 of 52: –
- 11 motivational and inspirational quotes, strategies and stories on productivity to cover you for the week.
- John Wanamaker Success Story told by himself in interview style – See what helped him succeed so you can apply to your specific situation
- Investment strategy story from the bible to help you apply to real life scenarios
- 2 Proven Business Productivity tools to help you succeed in your online and offline business
Eleven (11) Motivational Quotes and strategies this week!
– Do not be anxious about tomorrow, for tomorrow will be anxious for itself. Let the day’s own trouble be sufficient for the day – Jesus Christ
– Victory is always possible for the person who refuses to stop fighting. – Napoleon Hill
– Great works are performed not by strength, but perseverance. – Dr. Samuel Johnson
- It doesn’t matter what you are thinking, or what fear you have, if you just do it! Action is the only thing that matters…I can see that at the end of my life, I am not going to look back and say, “I wish I had taken more action”. – Diana von Welanetz Wentworth
- People become successful the minute they decide to. – Harvey Mackay
- Winning is not a “sometime” thing. You don’t win once in a awhile, you don’t do things right once in awhile, you do them right all of the time. Winning is a habit, unfortunately, so is losing. Vince Lambardi
- So I say to you, Ask and it will be given to you; search, and you will find; knock, and the door will be opened for you – Jesus Christ
- Your ideas are like diamonds.. .without the refining process, they are just a dirty rock, but by cutting away the impurities, they become priceless. – Paul Kearly
- The fastest way to pass your own expectation is to add passion to your labor – Mike Litman
- Don’t attempt to be the only chief in the room with all the answers about your business – Pull together a mastermind alliance as the core engine of your business, allow free flow of creative energy to supercharge your business to the next level – Monday Ogwuojo Ogbe
- “With man this is impossible, but with God all things are possible.” – Jesus Christ
Real life Successful Stories from Businessmen and Businesswomen from the business world told by themselves to help you learn and stay at the top of your game
John Wanamaker – How He succeeded – Interview style approach
Key points covered – His story, his capital at age 14, clothing store, ambition and power, a head built for business, relationship with customers, attention to detail, seizing opportunity, push and persistence, investment in self, at home and much more..
The Story of John Wanamaker
IN a plain two-story dwelling, on the out- skirts of Philadelphia, the future merchant prince was born, July 11, 1837. His parents were Americans in humble station; his mother being of that sturdy Pennsylvania Dutch stock which has no parallel except the Scotch for ruggedness. His father, a hard- working man, owned a brickyard in the close vicinity of the family residence. Little John earned his first money, seven big copper cents, by assisting his father. He was too small to do much, but turned the bricks every morning as they lay drying in the summer sun. As he grew older and stronger, the boy was given harder tasks around the brickyard.
abandoned the brickyard and secured a place in a bookstore owned by Barclay Lippincott, on Market Street, Philadelphia, at a salary of one dollar and twenty-five cents a week.
It was a four-mile walk from his home to his place of business. Cheerfully he trudged this distance morning and night; purchasing an apple or a roll each noon for luncheon, and giving his mother all the money that he saved. He used to deny himself every comfort, and the only other money that he ever spent was on books for his mother. This seems to have been the boy’s chief source of pleasure at that period.
Even to-day, he says of his mother: “Her smile was a bit of heaven, and it never faded out of her face till her dying day.” Mrs. Wanamaker lived to see her son famous and wealthy.
HIS CAPITAL AT FOURTEEN
John Wanamaker, the boy, had no single thing in all his surroundings to give him an advantage over anyone of hundreds of other boys in the city of Philadelphia. Indeed, there were hundreds and hundreds of other boys of his own age for whom anyone would have felt safe in prophesying a more notable career. His
He went to school a little, not much, and he assisted his mother in the house a great deal. His father died when John was fourteen, and this changed the whole course of his life. He capital was not in money. Very few boys in all that great city had less money than John Wanamaker, and comparatively few families of average position but were better off in the way of worldly goods. John Wanamaker’s capital, that stood him in such good stead in after life, comprised good health, good habits, a clean mind, thrift in money matters, and tire- less devotion to whatever he thought to be duty.
People who were well acquainted with John Wanan1aker when he was a book publisher’s boy, say that he was exceptionally promising as a boy; that he was studious as well as attentive to business. He did not take kindly to rough play, or do much playing of any kind. He was earnest in his work, unusually earnest for a boy. And he was saving of his money.
When, a little later, he went to a Market street clothing house and asked for a place, he had no difficulty in getting it, nor had he any trouble in holding it, and here he could earn twenty-five cents a week more wages.
TOWER HALL CLOTHING STORE
Men who worked with him’ in the Tower Hall Clothing Store say that he was always bright, willing, accommodating, and very seldom out of temper. His effort was to be first at the store in the morning, and he was very likely to be one of the last, if not the last, at the store in the evening. If there was an errand, he was always prompt and glad to do it. And so the store people liked him, and the proprietor liked him, and, when he began to sell clothing, the customers liked him. He was considerate of their interests. He did not try to force undesirable goods upon them. He treated them so that when they came again they would be apt to ask, ” Where is John? ”
HIS AMBITION AND POWER AS AN ORGANIZER AT SIXTEEN
Colonel Bennett, the proprietor of Tower Hall, said of him at this time:-
” John was certainly the most ambitious boy I ever saw. I used to take him to lunch with me, and he used to tell me how he was going to be a great merchant.
” He was very much interested in the temperance cause; and had not been with me long be- fore he persuaded most of the employees in the store to join the temperance society to which he belonged. He was always organizing something. He seemed to be a natural- born organizer. This faculty is largely ac-
countable for his great success in after life. ” THE Y. M. C. A.
Young Wanamaker’s religious principles were always at the forefront in whatever he did. His interest in Sunday School work, and his skill as an organizer became well known. And so earnestly did he engage in the work of the Young Men’s Christian Association, that he was appointed the first salaried secretary of the Philadelphia branch, at one thousand dollars a year. Never since has a secretary enrolled so many members in the same space of time. He passed seven years in this arduous work.
He saved his money; and, at twenty-four, formed a partnership with his brother-in-law Nathan Brown, ‘and opened Oak Hall Clothing store, in April, 1861. Their united capital was only $3,500; yet Wanamaker’s capital of popular good-will was very great. He was already a great power in the city. I can never forget the impression made upon my mind, after he had been in business but a few months, ‘when I visited his Bethany Sunday School, established . in one of the most unpromising sections of the city, which had become already a factor for good, with one of the largest enrollments in the world. And he was foremost in every form
of philanthropic work. It ‘was because of his great capacity to do
business that Wanamaker had been able to ” boom” the Young Men’s Christian Association work. He knew how to do it. And he could “boom ” a Sunday School, or anything else that he took hold of. He had
A HEAD BUILT FOR BUSINESS,
whatever the business might be. And as for Oak Hall, he knew just what to.do with it.
The first thing he did was to multiply his working capital by getting the best help obtain- able for running the store.
At the very outset, John Wanamaker did what almost any other business man would have stood aghast at. He chose the best man he knew as a salesman in the clothing business in Philadelphia,-the man of the most winning personality who could attract trade,-and agreed to pay him $1,350 for a year,-one- third of the entire capital of the new concern.
It has been a prime principle with this merchant prince not only to deal fairly with his employees, but to make it an object for them to earn money for him and to stand by him. Capacity has been the first demand. He engaged the very best. 11ten to be had. There are to-day dozens of ‘men in his employ who receive larger salaries than are paid to cabinet ministers. All the employees of the Thirteenth Street store, which he occupied in 1877, participate in a yearly division of profits. Their share at the end of the first year amounted to $109,439.68.
HIS RELATION TO CUSTOMERS
A considerable portion of the trade of the new store came from people in the country districts. Mr. Wanamaker had a way of getting close to them and gaining their good will. He understood human nature. He put his customer at ease. He showed interest in the things that interested the farmer. An old employee of the firm says: ” John used to put a lot of chestnuts in his pocket along in the fall and winter, and, when he had one of these countrymen in tow, he’d slip a few of the nuts into the visitor’s hand and both would go munching about the store. ”
Wanamaker was the first to introduce the ” one-price system” into the clothing trade. It was the universal rule in those days, in the clothing trade, not to mark the prices plainly on the goods that were for sale. Within rather liberal bounds, the salesman got what he could from the customer. Mr. Wanamaker, after a time, instituted at Oak Hall the plan of “but one price and that plainly marked.” In doing this he followed the cue of Stewart, who was the first merchant in the country to introduce it into the dry-goods business.
The great Wanamaker store of 1877 went much further:-
He announced that those who bought goods of him were to be satisfied with what they bought) or have their money back.
To the old mercantile houses of the city, this seemed like committing business suicide.
It was, also, unheard-of that special effort should be made to add to the comfort of visitors; to make them welcome whether they cared to buy or not; to induce them to look upon the store as a meeting-place, a rendezvous, a resting-place,-a sort of city home, almost.
THE MERCHANT’S ORGANIZING FACULTY
was so great that General Grant once remarked to George W. Childs that Wanamaker would have been a great general if his. lot had been that of army service.
Wanamaker used to buy goods of Stewart, and the New York merchant remarked to a friend: ” I f young Wanamaker lives, he will be a greater merchant than I ever was.”
Sometime in recent years, since Wanamaker bought the Stewart store, he said to Frank G. Carpenter : –
” A. T. Stewart was a genius. I have been surprised again and again as I have gone through the Broadway and Tenth Street building, to find what a knowledge he had of the needs of a mercantile establishment. Mr. Stew- art put up a building which is to-day, I believe, better arranged than any of the modern structures. He seemed to know just what was needed.
” I met him often when I was a young man. I have reason to think that he took a liking to me. One day; I remember, I was in his woolen department buying some stuffs for my store here, when he came up to me and asked if I would be in the stofe for fifteen minutes longer: I replied that I would. At the end of fifteen minutes he returned and handed me a slip of paper, saying:-
” , Young man, I understand that you have a mission school in Philadelphia; use that for it.’
“Before I could reply he had left. I looked down at the slip of paper. It was a check. for one thousand dollars. ”
Wanamaker early showed himself the peer of the greatest merchants. He created the combination or department store. He lifted the retail clothing business to a higher plane than it had ever before reached. In ten years from the time he began to do business for him- self, he had absorbed the space of forty-five other tenants and become the leading merchant of his native city. Four years later, he had purchased, for $450,000, the freight depot of the Pennsylvania Railroad, covering the entire square where his present great store is located. ‘The firm name became simply John Wanamaker. His lieutenants and business partners therein are his son Thomas B. Wanamaker, and Robert C. Ogden. Their two Philadelphia
establishments alone do a business of between $30,000,000 and $40,000,000 annually. Mr. Wanamaker’s private fortune is one of the most substantial in America.
ATTENTION TO DETAILS
Yet in all these years he has been early and late at the store, as he was when a boy. He has always seen to it that customers have prompt and careful attention. He early made the rule that if a sale was missed, a written reason must be rendered by the salesman. There was no hap-hazard business in that store,-nothing of the happy-go-lucky style. Each man must be alert, wide-awake, attentive, or there was no place for him at Oak Hall.
THE MOST RIGID ECONOMY
has been always a part of the system. It is told of him that, in the earlier days of Oak Hall, he used to gather up the short pieces of string that came in on parcels, make them into a bunch, and see that they were used when bundles were to be tied. He also had a habit of smoothing out old newspapers, and seeing that they were used as wrappers for such things as did not require a better grade of paper.
The story has been often related of the first day’s business at the original store in ’61, when ‘Wanamaker delivered the sales by wheeling a push-cart.
The first day’s business made a cash profit of thirty-eight dollars; and the whole sum was invested in one advertisement in the next day’s .. Inquirer
His advertising methods were unique; he paid for the best talent he could get in this line. Philadelphia woke one morning to find ” W. & B. ” in the form of six-inch square posters stuck up all over the town. There was not another letter, no hint, just” W. & B.” Such things are common enough now, but then the whole city was soon talking and wondering what this sign ‘meant. After a few days, a second poster modestly stated that Wanamaker & “Brown had begun to sell clothing at Oak Hall. Before long there were great signs, each 1 0 0 feet in length, painted on special fences built in a dozen place~ about the city, particularly near the railroad stations. These told of the new firm and were the first of a class that
is now seen all over the country” Afterwards
more than twenty feet high were sent up, and a suit of clothes was given to each person who brought one of them back. Whole counties were stirred up by the balloons. It was grand advertising, imitated since by all sorts of people. .When the balloon idea struck the Oak Hall management it was quickly found that the only way to get these air-ships was to make them, and so, on the roof of the store, the cotton cloth was cut and oiled and .put together. Being well built, and tied very tightly at the neck, they made long flights and some of them were used over and over again. In one in- stance, a balloon remained for more than six months in a cranberry swamp, and when the great bag “vas discovered, slowly staying in the breeze, among the bushes, the frightened Jerseymen thought they had come upon an elephant, or, maybe, a survivor of the mastodons. This made more advertising of the very best kind for the clothing store, the kind that· excites interested, complimentary talk.
Genius consists in taking advantage of opportunities quite as much as in making them. Here was a young man doing things in an advertising way regardless of the custom of the business world, and with a wonderful knowledge of human nature. He took common-sense advantage of opportunities that were open to everybody.
Soon after the balloon experience, tally-ho coaching began to be a Philadelphia fad of the very exclusives. Imn1ediately afterwards a crack coach was secured, and six large and spirited horses were used instead of four, and
Oak Hall employees, dressed in the style of the most ultra-coaching set, traversed the country in every direction, scattering advertising matter to the music of the horn. Sometimes they would be a week on a trip. No wonder Oak Hall flourished. It was kept in the very front of the procession all the time.
A little later, in the yachting season, the whole town was attracted and amused by pro- cessions and scatterings of men, each wearing a wire body frame that supported a thin staff from which waved a wooden burgee, or
pointed flag reminding them of Oak Hall. Nearly two hundred of these prototypes of the H Sandwich ‘man” were often out at one time. But it was not only in the quick catching of a novel advertising thought that the new house was making history; in newspaper advertising, it was even further in advance. The statements of store news were crisp and unhackneyed, and the first artistic illustrations ever put into advertisements were used there. So high was the grade of this picture-work that art schools regularly clipped the illustrations as models; and the world-famous Shakespearian scholar, Dr. Horace Howard Furness, treasured the original sketches of “The Seven Ages” as among the most interesting in his unique collection.
PUSH AND PERSISTENCE
” The chief reason,” said Mr. Wanamaker upon one occasion, ” that everybody is not successful is the fact that they have not enough persistency. I always advise young men who write me on the subject to do one thing well, throwing all their energies into it.”
To his employees he once said :-” We are very’ foolish people if we shut our ears and eyes to what other people are doing. I often pick up things from strangers. As you go along, pick up suggestions here and there, jot them down and send them along. Even writing them down helps to concentrate your mind on that part of the work. You need not be afraid of overstepping the mark. The· more we push each other, the better. ”
TO WHAT., MR. WANAMAKER., DO YOU ATTRIBUTE YOUR GREAT SUCCESS?”
In reply to this question when asked, he replied : – ” T o thinking, toiling, trying, and trusting in God. ”
A serene confidence in a guiding power ‘has always been one of the Wanamaker characteristics. He is always calm. Under the greatest stress he never loses his head.
In one physical particular, Mr. Wanamaker is very remarkable. He can work continually for a long time without sleep and without evidence of strain, and make up for it by a good rest afterwards.
When upon one occasion he was asked to name the essentials of success, he replied, curtly:-” I might write a volume trying to tell you how to succeed. One way is to not be above taking a hint from a master. I don’t care to tell why I succeeded; because I object to talking about myself,- it isn’t modest. ”
A feature of his ‘make-up that has’ contributed largely to his success is his ability to concentrate his thoughts. No matter how trivial the subject brought before him, he takes it up with the appearance of one who has nothing else on his mind.
HIS VIEWS ON BUSINESS
When asked whether the small tradesmen has any ” show” to-day against the great department stores, he said:-
” All of the great stores were small at one time. Small stores will keep on developing into big ones. You wouldn’t expect a man to put an iron band about his business in order to pre- vent expansion, would you? There are, ac- cording to statistics, a greater number of prosperous small stores in the city than ever before. What better proof do you want?
” The department store is a natural product? evolved from conditions that exist as a result of fixed trade laws. Executive capacity, combined with command of capital, finds opportunity in these conditions, which are harmonious with the irresistible determination of the producer to meet the consumer directly, and of merchandise to find distribution along the lines of-least resistance. Reduced prices stimulate· consumption, and increase employment; and it is sound opinion that the increased employment created by the department stores goes to women without curtailing that of men. In general it may be stated that large retail stores have shortened the hours of labor; and by systematic discipline have made it lighter. The small store is harder upon the sales-person and clerk. The effects upon the character and capacity of the employees are good. A well-ordered, modern retail store is the ‘means of education in spelling, writing, English language, system and method. Thus it becomes
to the ambitious and serious employees, in a small way, a university, in which character is broadened by intelligent instruction practically applied. ”
When asked if a man with means but no experience would be safe in embarking in a mercantile business, he replied quickly: –
” A man can’t drive a horse who has never seen one. No; a man must have training, must know how to buy and sell; only experience teaches that. ”
I have heard people marvel at the unbroken upward course of Mr. Wanamaker’s career, and lament that they so often make mistakes. But hear him:-
“Who does not make mistakes? Why, if I were to think only of the mistakes I have made, I should be miserable indeed. ”
I have heard it said a hundred times that Mr. Wanamaker started when success was easy. Here is v/hat he says, himself about it : –
” I think I could succeed as well now as in the past. It seems to me that the conditions of to- day are even more favorable to success than when I was a boy. There are better facilities for doing business, and more business to be done. Information in the shape of books and newspapers is now in the reach of all, and the young man has two opportunities where he formerly had one.
” We are much more afraid of combinations of capital than we have any reason for being. Competition regulates everything of that kind.
No organization can make immense profits for any length of time without its field soon swarming with competitors. It requires brain and muscle to manage any kind of business, and the same elements which have produced business success in the past will produce it now, and
. will always produce it.”
With the exception of his term of service as postmaster-general of the United states in President Harrison’s cabinet-a service which was marked by great executive ability and the institution of many reforms,- Mr. Wanamaker has devoted his attention almost entirely to his business and his church work.
Yet as a citizen he has always taken a most positive course in opposition to the evils that threaten society. He has been forever prompted by his religious convictions to pursue vice either in the” dive, ” or in municipal, state or national life. He hates a barroom, but he hates a treasury looter far more fiercely. His idea of Christian duty was evidently derived from the scene wherein the Master took a scourge and drove the corrupt traders and office-holders out of the temple. It is vigorous, it is militant; but it makes enemies. Consequently, Mr. Wanamaker is not without persistent maligners; getting himself well hated by the worst men in the community.
INVEST IN YOURSELF
Mr. Wanamaker’s views of what life is for are ‘well expressed in the following excerpt from one of his addresses to young men.
In the course of his address, he related that he was once called upon to invest in an expedition to recover Spanish mahogany and doubloons from the Spanish Main, which, for half a century, had lain under the rolling waves in sunken frigates. ” But, young men,” he continued, “I know of better expeditions than this right at home, deep down under the sea of neglect and ignorance and discouragement. Near your own feet lie treasures untold, and you can have them all for your own by earnest watch and faithful study and proper care.
” Let us not be content to mine the most coal, make the largest locon10tives and weave the largest quantities of carpets; but, amid the sounds of the pick, the blows of the hammer, the rattle of the looms, and the roar of the machinery, take care that the immortal Mechanism of God’s own hand, -the mind,-is still full-trained for the highest and noblest service.
” This is the most enduring kind of property to acquire, a property of soul which no disaster can wreck or ruin. Whatever may be the changes that shall sweep over our fair land, no power can ever take away from you your 1n- vestments in knowledge.”
Like all other magnetic and forceful men, Mr. Wanamaker is striking in appearance, strong rather than handsome. He has a full, round head, a broad forehead, a strong nose, heavy-lidded eyes that flash with energy, heavy jaws that denote strength of will, and tightly closed lips that just droop at the corners, giving an ever-present touch of sedateness. His face is as smooth as a boy’s and as mobile as an actor’s; and, when lighted up in discussion, it beams with expression. He wears a hat that
is only six and seven-eighths in size, but is al- most completely circular in form. He is al- most six feet tall and finely built, and all his motions have in them the springiness of health. Nobody ever saw him dressed in any other’ color than black, with a black necktie under a “turn-down” collar. But he always looks as trim as if he were just out of the hands of both tailor and barber.
It is his delight to pass much time at his country seat in Jenkintown. He is fond of the field and the river, the trees and flowers, and -all the growths with which God has beautified the earth. His house is a home-like structure, with wide piazzas, standing upon the crest of a hill in the midst of a noble lawn. A big rosery and orchid house· stand nearby. The before- breakfast ramble of the proprietor is finished in the flower garden, and every guest is laden with floral trophies.
Mr. Wanamaker was married, while he was the Secretary of the Y. M. C. A., to one whom he met at a church service, and who has been in full sympathy with his religious activities. He has been for forty years’ superintendent of the Bethany Sunday School in Philadelphia. He began with two teachers and twenty-seven pupils; and at the recent anniversary reported a school of 4,500, a church with 3,700 members, 500 having been added during the past year, several branches, and scores of department organizations.
John Wanamaker says to-day that his business success is due to his religious training. He is first of all a Christian.
The lesson of such a life should be precious to every young man. It teaches the value of untiring effort, of economy, of common sense applied to common business. I know of no career in this country that offers more encouragement to young people. It shows what persistency can do; it shows what intelligent, well- directed, tireless effort can do; and it proves that a· man may devote himself to helping others, to the Sunday School, to the Church” to broad philanthropy, and still be wonderfully
successful in a business way.
Questions for Reflections:
- What do you make of John Wanamaker’s Business Success Story?
- What are the learning points and what can you apply to your own success pursuits today?
- Are there questions that you have, that you will need clarification to?
- Who would you story with today?
One (1) Stories from the Holy About Investment
Matthew 25:14-30 The Message (MSG)
The Story About Investment
14-18 “It’s also like a man going off on an extended trip. He called his servants together and delegated responsibilities. To one he gave five thousand dollars, to another two thousand, to a third one thousand, depending on their abilities. Then he left. Right off, the first servant went to work and doubled his master’s investment. The second did the same. But the man with the single thousand dug a hole and carefully buried his master’s money.
19-21 “After a long absence, the master of those three servants came back and settled up with them. The one given five thousand dollars showed him how he had doubled his investment. His master commended him: ‘Good work! You did your job well. From now on be my partner.’
22-23 “The servant with the two thousand showed how he also had doubled his master’s investment. His master commended him: ‘Good work! You did your job well. From now on be my partner.’
24-25 “The servant given one thousand said, ‘Master, I know you have high standards and hate careless ways, that you demand the best and make no allowances for error. I was afraid I might disappoint you, so I found a good hiding place and secured your money. Here it is, safe and sound down to the last cent.’
26-27 “The master was furious. ‘That’s a terrible way to live! It’s criminal to live cautiously like that! If you knew I was after the best, why did you do less than the least? The least you could have done would have been to invest the sum with the bankers, where at least I would have gotten a little interest.
28-30 “‘Take the thousand and give it to the one who risked the most. And get rid of this “play-it-safe” who won’t go out on a limb. Throw him out into utter darkness.’
Questions for Reflections:
- What do you make of this investment story?
- What can you apply to your investment strategy going forward?
- Are there questions that you have, that you will need clarification to?
- Who would you share this investment story with?
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Thank you for ready and wish you success in your business
Monday Ogwuojo Ogbe @ Otakada.org
Check the first series on the Monday Morning Inspirational stories 1 of 52 here