NICKLE AND DIME IT INTO MILLIONS
Some years ago an energetic young man began as a clerk in a hardware store. Like many old-time hardware stores, the inventory included thousands of dollars worth of items that were obsolete or seldom called for by customers. The young man was smart enough to know that no thriving business could carry such an inventory and still show a healthy profit. He proposed a sale to get rid of the stuff. The owner was reluctant but finally agreed to let him set up a table in the middle of the store and try to sell off a few of the oldest items. Every product was priced at ten cents. The sale was a success and the young fellow got permission to run a second sale. It, too, went over just as well as the first. This gave the young clerk an idea. Why not open a store that would sell only nickel and dime items? He could…
To view this resource, log in or sign up for a subscription plan
