Little Visits with Great Americans, Vol. 1 (of 2): Or Success, Ideals and How to Attain Them
History
Little Visits with Great Americans, Vol. 1 (of 2): Or Success, Ideals and How to Attain Them
Success; United States -- Biography; United States -- History -- 19th century -- Biography
At the very outset of his storekeeping, John Wanamaker did what almost
any other business man would have stood aghast at. He chose the best
man he knew as a salesman in the clothing business in Philadelphia,
and agreed to pay him $1,350 a year,—one-third of the entire capital
of the new concern. It seemed reckless extravagance. And there were
other employees, too. What could Mr. Wanamaker be thinking of to make
the promise of this great sum just for one assistant! This move that
seemed so audacious was really a very wise one; for, when the new
employee went with Mr. Wanamaker to New York to buy goods, the fact of
his association added credit to the young house and so a little money
was eked out with a good deal more of credit, and a very fair stock
of goods was laid in. This was just as the war began. Oak Hall was a
success from the start. Possibly, under the circumstances, any sort of
a clothing venture that had fair backing would have been a success. But
no ordinary concern could have grown so rapidly and so healthfully as
Oak Hall grew.
And right here another characteristic of Mr. Wanamaker’s makeup
strikingly manifested itself; _he was not bound by precedent_. No
matter how time-honored a business method might be if it did not strike
him as the wisest, he put it aside at once. And from the first he
fully appreciated the importance of attracting public attention. As a
boy he had published “Everybody’s Journal,”—a hodge-podge of odd bits
with dabs of original matter; notable then and now mainly because it
indicated the bent of the young mind. At Oak Hall the same spirit
of innovation was continually shown. It has often been told how Mr.
Wanamaker delivered his first order in a wheelbarrow, and put the money
($38) into an advertisement in “The Inquirer.” But this was only one
instance significant of the man.
“WAKING UP” A TOWN.
Philadelphia awoke one morning to find “W. & B.” in the form of
six-inch square posters stuck up all over the town. There was not
another letter, no hint, just “W. & B.” Such things are common enough
now, but then the whole city was soon talking and wondering what this
sign meant. After a few days, a second poster modestly stated that
Wanamaker & Brown had begun to sell clothing at Oak Hall.
Public-domain text, read in full here on John Shaqi.
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