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Warren Buffett: The Story of Rose Blumkin (Mrs. B)
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- Опубліковано 16 жов 2018
- Rose Blumkin was the founder of Nebraska Furniture Mart who sold the business to Warren Buffett of Berkshire Hathaway. Blumkin grew that business to become the largest indoor furniture store in America and eventually sold 90% of the business to Buffett in 1983 for $60 million. Rose Blumkin turned her initial $500 into $60 million.
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Please watch: "How To Become A Millionaire: Index Fund Investing For Beginners "
• How To Become A Millio...
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Just read about Rose Blumkin in the Warren Buffett biography "The Snowball." So far she's the best part of the book!
What else are we capable of doing except being a genuinely good friend and seeing why u are what u are this feeling is no cliche❤❤🎉🎉🎉
This should be a movie.
Great video and an inspiring story. Thanks for sharing.
Buffet said I would rather Wrestle a grizzly then to compete with her!😂😵
The arrow showing how Mrs B reached the USA from Russia goes to the wrong direction. She took trans siberian railway to the Far East, then to China, then to Japan and finally to Seattle
He went from serbia to japan by foot. Then there took a small boat to travel to the US port.
Great video my man!
Thanks brother! Best of luck with your channel and everything you are doing!
So one version Warren buffet says she started with $2500 she saved. Another NYtimes article it said her brother loaned her $500 to start the business, this says she saved $500. So many different versions, what’s true we will never know this is becoming a urban legend story and depends who tells it that version you get.
Search Mrs B on wikipedia. As per the current inflation the value of $500 back in 1937 is today’s $2000+.
Mrs B😣🤗🙆🏿📣🥁🇿🇦
Mrs. B had help. No doubt. She got the first building for no money down? Rent cost? She had help in many ways. She probably did not / could not pay her bills for the first six months. I wonder if there were even credit reporting agencies in her early days of starting her business. She had help. She had luck. No other way.
she started thats the end of discussion everything come along the way
loser mentality
As far as small businesses go, so far I'm 0 for 3. It's extremely difficult to compete with giants.
I'm sure with each experience though you have learned something valuable. Keep grinding. If first you don't succeed, tweak your idea and try it again!
@@FinancialFreedom4 thanks, I think I have gained a lot of experience. I'll keep at it 😉
Care to share what your business ideas were?
@@FinancialFreedom4 sure! First was affiliate marketing, which is basically selling someone else's products, involving split testing and landing page creation etc. Next was private labeling a face painting kit through Amazon, which involved finding a Chinese supplier, dealing with customs, hiring a photographer for product images, etc. Last one was flipping a house, which I ended up breaking even on, but tested me mentally and physically. I never thought I would find myself filling a dumpster with trash I dig out of a yard or re-insulating an attic in the middle of the summer, or scraping by days in a row with 3hrs of sleep. For all my effort, it would have been nice to make a profit, but I'm ok with taking lessons away from it. I'm only 27 so there's time left to make something work before I kick the can.
@@Bellerophon2200 Wow impressive. To be that young and have tried to create several businesses. Keep at it. You will be rich soon.
At one point her family took over so she open a store across the street and undersold them