Loading ...I grew up in the Garment business in NJ…I still remember my Father ran a Factory with 600 women working under his supervision and they started during the depression and through the WW2 YEAR .Finally he went out on his own because his boss died of a Stroke at age 52 ..his family lost a Great man who promised a partnership to my Father ,so everything went down the tube for both familys..Several Partnerships later Dad found the right partner ,a super sales guy,dad was a Super Factory guy ..Nothing but money from day one.I worked for dad ,but with the new partnership he needed to concentrate on new things.So I formed a separate company while sharing the same building .I “inherited ” most of his “good” employees ,but they were trained in a different era.
They were fixed in their ways and I needed more production.They were all older than me ( I was 19 years old),some of them in their 60’s and seventy’s.
That was a big problem…every sewing section was piece work .Example an older employee making shoulder seams did 100 doz in 8 hours. I needed more production to make it profitable.She said it CANT be done ! I decided to myself I need to find someone that “DOSENT KNOW it cant be done ” .I hired an immigrant from Portugal ,she needed a job spoke very little english ,was 20 years old and NO experience ..I trained her far away from the older employee so she wouldent work at her Pace by watching her ..WELL it was a secret to success ,it wasent long before she was producing 250 doz per day !…. and making twice the pay of the older woman….There was my secret to success ,I was fortunate in the fact that I had Portugese,Cubans ,Italians available that I trained away from the older workers and DIDNT KNOW what COULDENT be done ! I increased my average production by more than 30 % above my Fathers record.Dad said I was spoiling them by letting them earn so much more ! I said thats nuts,they earn it and the word gets around ,what followed was I attracted the fasted ,brightest,youngest workers around. I made a lot of money,they made a lot of money .I proved it COULD be done !
I started to invest in the Stock Market and found my calling.I didnt listen to naysayers about what couldent be done .I invest the same way ,if it “cant be done “..I see that as MY advantage over the next investor ..I dont know it cant be done !