entrepreneurship

The Airplanes of Glenn Luther Martin

The Airplanes of Glenn Luther Martin

On December 5, 1955, American aviation pioneer Glenn Luther Martin passed away. Martin designed and built his own aircraft and was an active pilot. He founded his own aircraft company in 1912 which today through several mergers is amalgamated into the Lockheed Martin company. Early Years Glenn Luther Martin was born in Macksburg, Iowa, USA, on January 17, 1886 to Minta and Clarence Martin. At the age of two, Martin’s family moved to…
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Oliver Evans – Pioneer of Automation

Oliver Evans – Pioneer of Automation

On September 13, 1755, American inventor, engineer and businessman Oliver Evans was born. A pioneer in the fields of automation, materials handling and steam power, Evans was one of the most prolific and influential inventors in the early years of the United States. He is known for designing and building the first fully automated industrial process; America’s first high-pressure steam engine; and the first (albeit crude) amphibious vehicle and American automobile. Early Years of…
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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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Carl Bosch, the Synthesis of Ammonia, and the IG Farben

Carl Bosch, the Synthesis of Ammonia, and the IG Farben

On August 27, 1874, German chemist, engineer and Nobel Laureate Carl Bosch was born. He was a pioneer in the field of high-pressure industrial chemistry and founder of IG Farben, at one point the world’s largest chemical company. Carl Bosch – Youth and Education Carl Bosch was born in Cologne, Germany, the first of seven children of Carl Bosch senior (1843-1904), co-owner of the installation company Bosch & Haag in Cologne, and his wife…
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Henry Ford and the Ford Motor Company

Henry Ford and the Ford Motor Company

On June 16, 1903, American entrepreneur Henry Ford founded the Ford Motor Company with $28,000 capital. It was not Henry Ford’s first attempt to build up a car company. In 1901 already he founded the Henri Ford Company, which became the Cadillac Motor Company on August 22, 1902, after Ford left with the rights to his name. Henry Ford was 39 years old when he founded the Ford Motor Company, which would go…
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Cornelius Vanderbilt’s Railroad and Steamship Empire

Cornelius Vanderbilt’s Railroad and Steamship Empire

On May 27, 1794, American business magnate and philanthropist Cornelius Vanderbilt was born. Vanderbilt’s wealth was build on railroads and shipping. He was also the patriarch of the Vanderbilt family and one of the richest Americans in history. “Let them do what I have done.” – Cornelius Vanderbuilt Cornelius Vanderbilt – Starting a Ferry Business Cornelius Vanderbilt was born as the fourth child and second son of Cornelius and Phebe Vanderbilt (née Hand). Vanderbilt left…
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Clarence Mackay connected the World

Clarence Mackay connected the World

On April 17, 1874, American financier Clarence Hungerford Mackay was born. Mackay was chairman of the board of the Postal Telegraph and Cable Corporation and president of the Mackay Radio and Telegraph Company. He supervised the completion of the first transpacific cable between the United States and the Far East in 1904. He laid a cable between New York and Cuba in 1907 and later established cable communication with southern Europe via the…
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Herbert Henry Dow – Chemist and Industrialist

Herbert Henry Dow – Chemist and Industrialist

On February 26, 1866, American chemical industrialist Herbert Henry Dow was born. Dow best known as the founder of the American multinational conglomerate Dow Chemical. He also was a prolific inventor of chemical processes, compounds, and products, and was a successful businessman. Herbert Henry Dow – Early Years Herbert Henry Dow was born in Belleville, Ontario, Canada, the eldest child of Americans Joseph Henry Dow, an inventor and mechanical engineer, and his…
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Enzo Ferrari – Il Commendatore

Enzo Ferrari – Il Commendatore

On February 18, 1898, Italian motor racing driver and entrepreneur Enzo Ferrari was born. He is best known as the founder of the Scuderia Ferrari Grand Prix motor racing team, and subsequently of the Ferrari automobile marque. He was widely known as “il Commendatore” or “il Drake”. Born in Modena Enzo Ferrari was born in Modena, Italy. It is believed that he had his first significant encounter with race cars in 1908…
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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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