History of Smiley Face

January 16, 2016 · Posted in American Business · Comments Off on History of Smiley Face 

The Smiley Face symbol’s origin was in 1963. It was created by graphic artist Harvey Ross Ball in Worcester, Massachusetts.
Charles Ball Founder of Harvey Ball World Smile Foundation

Kodak Founder George Eastman

September 4, 2015 · Posted in American Business, Firsts in History · Comments Off on Kodak Founder George Eastman 

© Provided by Time Article George Eastman ordered six sample cameras

George Eastman was not the inventor of the camera. His genius was in making the less than ideal camera that he first worked with as a bank employee at the age of 24 in  1878 better. Its awkward size was like a “soap box“.  He made it smaller and introduced a compact rolled film with gelatin on a strip of paper. He innovated a new camera named the Kodak (1888).


IBM’s Launch of Personal Computer Model 5150

August 12, 2015 · Posted in American Business, Firsts in History · Comments Off on IBM’s Launch of Personal Computer Model 5150 

Researching the history of the personal computer reveals how far along we have come, since IBM launched its first personal computer, model 5150, on August 12, 1981. It was an extravagant affair held at the New York Waldorf Astoria Hotel.

The New York Times’ article in August of 1981, NEXT, A COMPUTER ON EVERY DESK, boasted of a “second generation of machines” with the ability to, “…use microprocessors capable of handling 16 ”bits,” or units of information, at the same time, twice the processing power of existing 8-bit machines. ”

At 21 pounds and costing $1,565 the 5150 was a great success having much to do with a big advertising push that moved the IBM PC forward and into the limelight. 30 years later the size and cost seems laughable, but back then before we knew what the future would hold it was an amazing technological feat.



Napoleon Hill: Habits of Success

September 1, 2013 · Posted in American Business · Comments Off on Napoleon Hill: Habits of Success 

Quote “Concentration is the act of focusing the mind upon a given desire until ways and means for its realization have been worked out and successfully put into operation.
Two important laws enter into the act of concentrating the mind on a given desire. One is the law of Auto-suggestion and the other is the law of habit.

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. Napoleon Hill’s book “The Law of Success” was published in 1928. Below is a list of those principles.

The 17 Principles of Success by Napoleon Hill
1.Definiteness of Purpose – The habit of focusing your actions and thoughts on one high and desirable goal in life
2.Mastermind Alliance – The habit of working in complete harmony with others for the attainment of a specific objective
3.Going the Extra Mile – The habit of doing more than is required of you with the expectation of receiving greater compensation from direct or vicarious sources
4.Applied Faith – The habit of acting as if you already have what you want in life
5.Pleasing Personality – The habit of being generally agreeable and friendly with people
6.Personal Initiative – The habit of starting tasks that are important to you and seeing them through to completion
7.Positive Mental Attitude – The habit of looking for the positive side of every situation in life—especially during times of turmoil and adversity
8.Enthusiasm – The habit of keeping yourself energized by focusing your life on what you love most
9.Self-Discipline – The habit of choosing not to make negative choices that will cost you more than you gain
10.Accurate Thinking – The habit of making decisions and forming opinions that are based on factual information and tangible evidence
11.Controlled Attention – The habit of prioritizing your time and energy to stay focused on what is most important and beneficial
12.Teamwork – [Basically the same as the Mastermind Alliance principle]
13.Learning from Adversity and Defeat – The habit of learning from adversity and defeat and making gradual improvements because of those experiences
14.Creative Vision – The habit of visualizing the things that you want most and the actions that will help you to acquire them
15.Maintenance of Sound Health – The habit of keeping your energy level up by eating healthy food and participating in physical exercise
16.Budgeting of Time and Money – The habit of taking time everyday to move closer to your definite major purpose and saving money to ensure steady financial growth
17.Cosmic Habit force – The habit of repeating desirable thought patterns and behaviors until they become effortless and self-moving

Source: http://inspirationpro.net/napoleon-hills-17-principles-of-success

Henry Ford and the Assembly Line

December 1, 2012 · Posted in American Business · Comments Off on 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 known factory.

Henry Ford will forever be linked to the popularization, affordability and assembly line production of the motorized vehicle; notably the historically renowned  Model T Ford. The 10-millionth Model T made its way off the production line on June 4, 1924.

by Editor

Sources: Assembly Line , First Moving Assembly Line


Eastman Kodak

August 25, 2012 · Posted in American Business · Comments Off on 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 imaging” division, which provides souvenir photos at theme parks, including the automated snaps of screaming roller roaster riders. In addition, the company is selling its document scanning business.

An open letter from Kodak’s Chief Executive Officer Antonio Perez said he wants the deal to go through in the first half of 2013. But the company said it’s holding onto some aspects of its printing business, including commercial printing, entertainment imaging, commercial film, consumer inkjets and its specialty chemicals business.

The company, which filed for Chapter 11 bankruptcy in January, said on Thursday that “the sale of these assets,” as well as cost-cutting measures, “will be significant milestones toward completing the company’s reorganization and emergence from Chapter 11 during 2013.”Kodak (EKDKQ, Fortune 500) spokesman Christopher Veronda declined to put a dollar value on the assets for sale.

When asked if Kodak has received any bids, he said the sale process is just beginning.Kodak ditches digital camera business“My only shock is that they didn’t try to sell it five or 10 years ago, when it still had value,” said Michael Holt, a photo industry analyst for Morningstar, referring to the film portion of the business.But the problem is, who will they sell to?Nima Samadi, photo industry analyst for Ibis World, said Fujifilm Corp. is the only other company that could possibly buy Kodak’s film division, but there isn’t a viable reason to, given the move to digital.

“They would probably be buying this pretty cheaply and it would be a market share grab, albeit a quickly shrinking market,” he said. “There still exists a small and shrinking community of hobbyists who prefer film to digital, but the structural shift is to digital.”

At the time of its bankruptcy filing, the company said it had assets worth $5.1 billion, but it also had 100,000 creditors with debts totaling $6.75 billion.The Rochester, N.Y.-based Kodak, which was founded in 1888 by George Eastman, invented the digital camera in the 1970s. But Kodak failed to embrace digital technology as aggressively as competitors like Sony (SNE), Nikon and Samsung, and its reliance on outmoded film technology contributed to its undoing. To top of page

First Published: August 24, 2012: 10:33 AM ET