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Follow Ben Franklin's Business/Personal Success Model

January 7, 2006 | By Jack Yoest

ben_franklin_printshop.jpg


Ben Franklin's Print Shop
Except for maybe that "whoring across Europe" part.

Anyway, Tom McMahon reminds us that this January is the 300th birthday anniversary of Benjamin Franklin. And they are celebrating in Philadelphia.

So I packed up wife and Penta Posse and headed to The City of Brotherly Love to check out the B F deal.

phillie_city_hall.jpg

Philadelphia City Hall

Credit: Charmaine


And perhaps learn a lesson for business.

It happens that Franklin and Your Business Blogger have a couple of things in common: we both started businesses; we both served in government.

But Franklin was able to cash in, well beyond today's politico-turn-lobbyist-turned-consultant.

Two dates on Ben's lengthy resume stand out. 1729 -- buys the Pennsylvania Gazette. 1737 -- Appointed Postmaster of Philadelphia.

Then retires. Rich.

It appears that these two positions are connected with Franklin's personal wealth generation. And the country profited as well.

Franklin's printing press was dependent upon selling newspapers which were depended upon news from the distant colonies.

So Franklin set up a Postal Service to move mail. As the post workers traveled far and wide, they transmitted much more than letters:

Information. The Gazette got news. The colonies got mail. Franklin got Benjamin's.

Franklin_kite.jpg

That funded Ben's interest in kites and keys.

And the country was made a better place.

That's a business model.

###

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Thank you (foot)notes:

Visit The Strategy of Bingo. The Excitement of Chess.

And, coincidentally, Justice Sunday III is being held this Sunday.

From First Things:

Franklin never forgot that people act through self-interest. In his multifarious-and quite invaluable-schemes for public improvement he always attempted to gear public progress to private interest. For him, a stable, free, and progressive society required contented, hard-working, and optimistic citizens, and necessary to both goals was widespread prosperity.

Bling has BF as first Blogger.

Philly Future has a thought.




Stories of Faith
and Courage from the
Revolutionary War.
UPDATE: Jane Hampton Cook has a terrific new book. Her work was featured in a recent Newsbusters article. Fun read: Benjamin Franklin Would Have Made Smart Use of the Blogosphere.


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We need more Franklins these days -- so we can ALL earn more benjamins.
J

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