entrepreneurship

Ehrenfried Walther von Tschirnhaus and the White Gold

Ehrenfried Walther von Tschirnhaus and the White Gold

On April 10, 1719, German mathematician, physicist, physician, and philosopher Ehrenfried Walter von Tschirnhaus was born. Among others, he is credited being the first European to discover the secret of the creation of porcelain in 1708. Certainly, the Meissen factory, established 1710 with its director Johann Friedrich Böttger, was the first to produce porcelain in Europe in large quantities and since the recipe was kept a trade secret by Böttger for his company, experiments…
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Robert Bosch – Inventor for Life

Robert Bosch – Inventor for Life

On March 12 1942, Robert Bosch passed away. Robert Bosch was a German industrialist, engineer and inventor, and founder of Robert Bosch GmbH. “I do not pay good wages because I have a lot of money; I have a lot of money because I pay good wages.” — Robert Bosch Early Years Robert Bosch was born among twelve siblings on September 23, 1861 near the city of Ulm, Germany. His parents Servatius…
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Henry Steinway and the Overstrung Iron-Frame Grand Piano

Henry Steinway and the Overstrung Iron-Frame Grand Piano

On February 15, 1797, German-born American inventor and entrepreneur Henry Steinway was born. He invented the overstrung iron-frame grand piano (1859) and is founder of the piano company Steinway & Sons. Henry Steinway – Early Life Steinway was born Heinrich Engelhard Steinweg in Wolfshagen im Harz, Duchy of Brunswick in the Holy Roman Empire of the German Nation (modern Germany). His childhood was marked by many tragedies and twists of fate. He…
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Robert Cornelius shoots the very first Selfie

Robert Cornelius shoots the very first Selfie

On March 1, 1809, American photographic pioneer and business man Robert Cornelius was born. He is credited of making the very first selfie in the U.S. With his own knowledge of chemistry and metallurgy, Cornelius attempted to perfect the daguerreotype. “I to myself am dearer than a friend.” – William Shakespeare, The Two Gentlemen of Verona (1590s) A Self-centered Society? As we all know, ‘selfies’ have become really popular in the past years. There…
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Sir Henry Bessemer and the Secret of Steel

Sir Henry Bessemer and the Secret of Steel

On January 19, 1813, English engineer, inventor, and businessman Sir Henry Bessemer was born. Bessemer’s name is chiefly known in connection with the Bessemer process, the first process for manufacturing steel inexpensively (1856), leading to the development of the Bessemer converter. Henry Bessemer’s Background Henry Bessemer was born on January 19, 1813 in Charlton, Hertfordshire, England. He was the son of an engineer and typefounder and he showed a great interest in making…
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John Jacob Astor and the American Fur Company

John Jacob Astor and the American Fur Company

On April 6, 1808, Johann Jacob Astor founded the American Fur Company in New York. The company grew to monopolize the fur trade in the United States by 1830, and became one of the largest businesses in the country and John Jacob Astor became the first multi-millionaire in the United States. “The first hundred thousand—that was hard to get; but afterwards it was easy to make more.” – James Jacob Astor, quoted…
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Jack Northrop and the Flying Wing Design

Jack Northrop and the Flying Wing Design

On November 10, 1895, American aircraft industrialist and designer Jack Northrop was born. Northrop was an early advocate of all-metal construction and the flying wing design. He founded the Northrop Corporation in 1939. A Boy of Restless Ambition John “Jack” Knudsen Northrop was born in Newark, New Jersey, USA, and grew up in Santa Barbara, California. The course for his life was set in 1911 upon watching a visiting pilot fly a pusher…
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Founded in a Sillicon Valley Garage – David Packard and Hewlett-Packard

Founded in a Sillicon Valley Garage – David Packard and Hewlett-Packard

On September 7, 1912, American electrical engineer and co-founder of Hewlett-Packard, David Packard was born. Packard is noted for many technological innovations and philanthropic endeavors. In 1939, he formed a partnership known as Hewlett-Packard Company with William R. Hewlett, a friend and Stanford classmate. Hewlett-Packard Co. has become a leading manufacturer computers, computer printers, and analytic and measuring equipment. “Marketing is far too important to be left only to the marketing department!.” –…
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Matthew Boulton – Making the Steam Engine Business a Success

Matthew Boulton – Making the Steam Engine Business a Success

On August 17, 1809, English manufacturer Matthew Boulton passed away. Boulton financed and introduced James Watt‘s steam engine. The partnership installed hundreds of Boulton & Watt steam engines, which were a great advance on the state of the art, making possible the mechanisation of factories and mills. Boulton applied modern techniques to the minting of coins, striking millions of pieces for Britain and other countries, and supplying the Royal Mint with up-to-date equipment.…
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From Agriculture to Sport Cars – Ferruccio Lamborghini

From Agriculture to Sport Cars – Ferruccio Lamborghini

On April 28, 1916, Italian industrialist Ferruccio Lamborghini was born. Lamborghini entered the business of tractor manufacturing in 1948 and quickly became an important manufacturer of agricultural equipment. In 1963, he most famously created Automobili Lamborghini, a maker of high-end sports cars in Sant’Agata Bolognese. Early Years and World War 2 Ferruccio Lamborghini was born in Renazzo di Cento, in the Province of Ferrara, in the Emilia-Romagna region of Northern Italy, to…
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