Friday, June 1, 2012

Guest Post 15 Famous Companies That Started As Something Much Different

All businesses begin with a specific idea in mind, and although some stick to exactly what they started with, it’s much more common to find that a business has grown and evolved over time to keep up with changes in supply, demand, and even resource availability. Simply put, smart businesses tend to follow the money, and sometimes that means growing into a business the founders hadn’t ever imagined. These 15 famous companies did just that, all changing in dramatic ways to become totally different than their former selves. Berkshire Hathaway Multinational conglomerate holding company Berkshire Hathaway is best known for its control investor, Warren Buffett, who has grown the company by investing not just in stocks, but in entire companies. But it was established back in 1839 as the Valley Falls Company, a textile manufacturer. The company remained in textiles until 1967, when Buffett expanded investments into the insurance industry, a reach that now includes utilities, railroads, and newspapers. The last of the textile operations were shut down in 1985. 3M Founded in 1902, 3M was once known Read more

My Blog List

Follow me on Google +

Popular Posts