Saturday, September 5, 2009

J.R. Simplot, potato king.

"Self-made billionaire J.R. Simplot was the quintessential entrepreneur." That's how Forbes starts with the news about his death.

J.R. Simplot was a true entrepreneur. It seems that he had it in his blood. I don't know about it? It seems to me that his success was more down to his determination, his drive, his willingness to do whatever it takes. Starting with nothing he proceeded to build an empire.

Young entrepreneur left home at the age of 14. He wanted to be independent and he was confident that he will make it on his own. J.R. Simplot made whatever it took to succeed. With only $20 in his pocket he made some smart deals, reinvested money into raising hogs and then got into growing potato. Eventually he made it big first supplying the army during WWII and then striking a deal with McDonalds founder Ray Kroc.

How did it all happened? He set off with a burning desire and used every opportunity that came his way.

What is amazing about J.R. Simplot is that he made it not only in such a "simple business" like growing potatoes, but he is also behind the development of the high technology company. He was an early investor into Micron Technology.

J.R.Simplot was a big thinker, he made it big. And he was a man of the action. Was he lucky? As they say: the more action I take, the luckier I am.

It's all about business, it's all about making money.

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