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The Monday Morning Memo

“Five years before Teddy Roosevelt led the Rough Riders, Simon Schiffman stepped off the train to stretch his legs. He saw a little jewelry store for sale, bought it, and the train went on without him. Simon kept the fine quality jewelry but he put the lower-quality stuff on the sidewalk with a sign that said, “Take it at your own price. This is not what we’ll be selling.” I’m Lane Schiffman, and I believe my great-grandfather would be proud to know we still embrace the standards he gave us one hundred and twenty-five years ago. Schiffman’s. Because wonderful women deserve wonderful jewelry.”

http://www.mondaymorningmemo.com/wp-content/uploads/2018/05/Schiffmans-OriginStory30.mp3

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Random Quote:

“Entrepreneurship is like one of those carnival games where you throw darts or something.

Middle class kids can afford one throw. Most miss. A few hit the target and get a small prize. A very few hit the center bullseye and get a bigger prize. Rags to riches! The American Dream lives on.

Rich kids can afford many throws. If they want to, they can try over and over and over again until they hit something and feel good about themselves. Some keep going until they hit the center bullseye, then they give speeches or write blog posts about ‘meritocracy’ and the salutary effects of hard work.

Poor kids aren’t visiting the carnival. They’re the ones working it.

[Read the original post]“

- notacoward, Nov. 9, 2017

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