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Call for course informationLessons from Anson Hall, entrepreneur
When Anson Hall sold his successful GM dealership in Massachusetts and tried to retire, it didn’t work. After building his business from the ground up and adding Pontiac and Cadillac to his original Buick line in the process, relaxation just didn’t agree with him. Anson had already stretched the limits with GM by starting a company-within-a-company that offered one of the first extended-care warranty programs anywhere. With that kind of experience under his belt, he decided that it was time to start the kind of business where he could call the shots.
“Rest is rust,” he says. And who would want to rust?
So Anson became an entrepreneur. He invented, and is selling, a new product that he calls a Manners-Mender®. It’s a small vacuum-molded plastic utensil rest that he sells to casual restaurants. When diners unwrap their knife, fork and spoon, they can tee them up neatly in the slots of a Manners-Mender® device instead of placing them on the unhygienic tabletop or attempting to balance them on the edge of their plate.
Anson’s product is derived from the elegant knife rests that were popular in the dining rooms of wealthy people more than a century ago. It is also related to the chopstick rests that are used in Asia. However, his patented design incorporates some pretty modern marketing features. A business card snaps into the underside, allowing a restaurant to display and distribute its own marketing message, or a promotional card from another business. The devices are manufactured in black, silver or clear. The clear model packs a particularly effective marketing punch, since the message on the inserted card can be seen at all times by the diner.
Anson made prototypes, hired an attorney and obtained a series of patents on his device. He built a Website, designed ads, selected a manufacturing company for his product and is recruiting a sales staff. Last year, he bolstered some areas of his knowledge using two Trump University courses: The Entrepreneur’s Success Codes and Branding for Profit.
Anson’s product has attracted positive attention at trade shows. He has also met with venture capitalists in some pretty interesting settings. Last winter, when New Hampshire hosted a one-day skiing event to introduce entrepreneurs to venture capitalists, Anson took part.
Entrepreneurs were paired with investors at the bottom of the hill. They rode to the top of the slope together while the entrepreneur made a pitch to the potential investor. Then they skied to the bottom of the hill and were paired with new lift partners. Since Anson didn’t want to miss out on that opportunity, he had his skis tuned up and hit the slopes.
Now, you might be wondering why the Trump Blog is devoting this much space to the story of just one entrepreneur this morning. After all, Anson Hall has done what many other entrepreneurs have done. He conceived and patented a product, designed ads, built a Website. He met with investors. He rolled up his sleeves and made sales calls to get orders started. And this month, Anson’s device is making its debut in one New England eatery, with others to follow.
What makes Anson Hall a little different from some other entrepreneurs is the fact that in April, he will be 87 years old. He’s hustling. He refuses to stop. And if Anson is doing all that without making any excuses, that leads to the question I really wanted to ask you today.
What the heck is stopping you?
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14 Comments Post a comment
I have been reading Trump 101 and in it Trump states if you are going to think, you might as well think big! Trump scale!
I recently had a discussion with a client of mine about the graphics I designed and made for his airplane. He is the owner\editor of one of the best online aviation magazines out there IMO, and during the course of our discussion he mentioned that his company has been selected to partner with a 170,000 member international organization, to produce a new How-To Resource Guide for builders of sportplanes.
Literally without thinking I offered to write a chapter for the guide about graphic design and finishing. He told me he would consider it.
Yesterday, he was in town to visit other aviation companies and called to see if I would see him since he was in town. I of course said yes and showed him my shop, various pictures of designs we have created and produced, and we talked my passion, airplanes.
He then told me that while in a meeting on the resource guide he mentioned my offer and my basic idea and that it was very well received by the Association honcho's, "what a great idea" was one specific quote.
So.................
I now have about 30 days to rough out a chapter of unknown size for a book that will be distributed internationally for sportplane builders everywhere, the book is literally expected to become 'the Bible' for sportplane builders due to the connection to the Association.
My contribution will help to establish me as an expert in my field, and provide exposure for my company through the author's bio I get to submit with the piece. Waaaaaaaay cool.
All because I acted on a whim.
This same client also suggested he would introduce me to the new head of a tier-two airplane manufacturer in Florida that is looking to add a Light Sport Aircraft completion facility as part of their operation that already produces a certified sportplane.
The lesson is to keep following your dreams, take action whenever the opportunity presents itself, be prepared to give a little to get a little, do the work, do the follow-up and there is no telling how far you can go.
Thanks Donald!
An Axiom? You bet!
Dana
Thru the business knowledge he aquired thru his years of operating a successful business, he is surely head strong about business decisions, and knows someone who knows some one to get the best deal he can on producing his invention and even marketing it.
To be successful in a car dealership you must already have a god given talent of salesmanship to prosper.
Why would a "in my opinion" a successful multi millionaire want to be obligated to pay a investor back for his loan, than keep the full profit for the invention for himself.
Nice invention but i do not understand the "business economics" of this venture
I can never imagine myself sitting in a rest home playing checkers when I get older, I can never imagine slowing up in life, even by one mile per hour. And when I pass away, I want to be working on a tremendous project that will change the lives of others. If I can't do that, I just hope the good Lord takes me while I'm young.
I am a CPA and have a number of clients in their 80's that still work
50 hours a week and have more energy than me.
gea
What I liked about the manners mender brand name is that it promotes manners.
DO IT
Tic Toc,
Tic Toc,
Is the sound,
Of a clock.
Each second,
It echoes,
The shortness,
Of Time.
The longer,
It Tics,
The shorter,
The time.
Let your thoughts,
Come to pass,
Or they fade,
With time.
Put your thoughts,
Into action,
You'l fill
Remaining time.
Depression, envy,
Anger, hate,
Follow malaise,
In time.
Peace and contentment,
Follow desire,
Completed,
In time.
Copyright by Joseph Assumption Barbier
Making more than 8% on your money or equity in your home is spectacular.
How about 16% return on your investment???
Interested?
Must have equity in your home for this opportunity.
lasonata@comcast.net