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Business Ideas: 3 Business Lessons From Henry Heinz


hi I’m Evan Carmichael and welcome to

hi I’m Evan Carmichael and welcome to another edition of modeling the masters

another edition of modeling the masters

another edition of modeling the masters today we’re going to look at how the son

today we’re going to look at how the son

today we’re going to look at how the son of immigrant laborers went against his

of immigrant laborers went against his

of immigrant laborers went against his parents dreams of him becoming a

parents dreams of him becoming a

parents dreams of him becoming a preacher and built one of the most

preacher and built one of the most

preacher and built one of the most successful companies in the food

successful companies in the food

successful companies in the food production business this is the story of

production business this is the story of

production business this is the story of Henry Heinz in the top three lessons

Henry Heinz in the top three lessons

Henry Heinz in the top three lessons that you can learn from his success

that you can learn from his success

that you can learn from his success Henry John Heinz was an American

Henry John Heinz was an American

Henry John Heinz was an American businessman founded the HJ Heinz Company

businessman founded the HJ Heinz Company

businessman founded the HJ Heinz Company he was the first of eight children born

he was the first of eight children born

he was the first of eight children born the German immigrant parents who wanted

the German immigrant parents who wanted

the German immigrant parents who wanted him to become a preacher Heinz Walker

him to become a preacher Heinz Walker

him to become a preacher Heinz Walker had other plans his passion was helping

had other plans his passion was helping

had other plans his passion was helping his mother bottle and sell the pickles

his mother bottle and sell the pickles

his mother bottle and sell the pickles she grew in their yard and he saw his

she grew in their yard and he saw his

she grew in their yard and he saw his future in food production by the time he

future in food production by the time he

future in food production by the time he was just nine years old Heinz was

was just nine years old Heinz was

was just nine years old Heinz was growing grindy and bottling and selling

growing grindy and bottling and selling

growing grindy and bottling and selling his own brand with horseradish sauce at

his own brand with horseradish sauce at

his own brand with horseradish sauce at 10:00 punch was given 3/4 of an acre of

10:00 punch was given 3/4 of an acre of

10:00 punch was given 3/4 of an acre of land to tent his own garden a 12 he

land to tent his own garden a 12 he

land to tent his own garden a 12 he graduated three and a half acres of land

graduated three and a half acres of land

graduated three and a half acres of land and is using a horse and cart to make

and is using a horse and cart to make

and is using a horse and cart to make his deliveries to grocery stores when

his deliveries to grocery stores when

his deliveries to grocery stores when the time can reach 17 years old Heinz

the time can reach 17 years old Heinz

the time can reach 17 years old Heinz was making twenty four hundred dollars a

was making twenty four hundred dollars a

was making twenty four hundred dollars a year from his brother’s close to sixty

year from his brother’s close to sixty

year from his brother’s close to sixty thousand and today’s dollars

thousand and today’s dollars

thousand and today’s dollars Heinz eventually expanded his business

Heinz eventually expanded his business

Heinz eventually expanded his business by focusing on making new product lines

by focusing on making new product lines

by focusing on making new product lines include pickles and ketchup

include pickles and ketchup

include pickles and ketchup I’m still on as president of the company

I’m still on as president of the company

I’m still on as president of the company he founded until his death at age 74 at

he founded until his death at age 74 at

he founded until his death at age 74 at that time the HJ Heinz Company had more

that time the HJ Heinz Company had more

that time the HJ Heinz Company had more than 25 food processing plants 40,000

than 25 food processing plants 40,000

than 25 food processing plants 40,000 acres of land under cultivation and over

acres of land under cultivation and over

acres of land under cultivation and over 6,500 employees by following his passion

6,500 employees by following his passion

6,500 employees by following his passion and by working hard Heinz was eventually

and by working hard Heinz was eventually

and by working hard Heinz was eventually able to make his parents proud and

able to make his parents proud and

able to make his parents proud and dominate his industry to help you

dominate his industry to help you

dominate his industry to help you dominate your industry

dominate your industry

dominate your industry here are three action items that you can

here are three action items that you can

here are three action items that you can learn from Henry hi

learn from Henry hi

learn from Henry hi action I am number one create a catchy

action I am number one create a catchy

action I am number one create a catchy slogan whatever industry you’re in you

slogan whatever industry you’re in you

slogan whatever industry you’re in you probably have many competitors how can

probably have many competitors how can

probably have many competitors how can you stand out from everyone else a great

you stand out from everyone else a great

you stand out from everyone else a great way to cut through the clutter is to

way to cut through the clutter is to

way to cut through the clutter is to create a catchy slogan that highlights

create a catchy slogan that highlights

create a catchy slogan that highlights what you’re really good at Hines was

what you’re really good at Hines was

what you’re really good at Hines was looking for a slogan while riding on a

looking for a slogan while riding on a

looking for a slogan while riding on a streetcar in New York one day in 1896 he

streetcar in New York one day in 1896 he

streetcar in New York one day in 1896 he then saw an advertisement for a shoe

then saw an advertisement for a shoe

then saw an advertisement for a shoe store that red 21 styles putting the

store that red 21 styles putting the

store that red 21 styles putting the hinds I said to myself

hinds I said to myself

hinds I said to myself we don’t have styles of products but we

we don’t have styles of products but we

we don’t have styles of products but we do have varieties of models handed up

do have varieties of models handed up

do have varieties of models handed up how many we had accounted well beyond 57

how many we had accounted well beyond 57

how many we had accounted well beyond 57 but 57 kept coming back to my mind 7-7

but 57 kept coming back to my mind 7-7

but 57 kept coming back to my mind 7-7 there are so many illustrations of the

there are so many illustrations of the

there are so many illustrations of the psychological influence of that figure

psychological influence of that figure

psychological influence of that figure and its alluring significance to people

and its alluring significance to people

and its alluring significance to people of all ages and races at 58 varieties or

of all ages and races at 58 varieties or

of all ages and races at 58 varieties or 59 varieties didn’t appeal to me as

59 varieties didn’t appeal to me as

59 varieties didn’t appeal to me as being equally strong with that Hines

being equally strong with that Hines

being equally strong with that Hines immediately jumped off the streetcar

immediately jumped off the streetcar

immediately jumped off the streetcar went down to the print shop and drafted

went down to the print shop and drafted

went down to the print shop and drafted up a card with the new 57 variety slogan

up a card with the new 57 variety slogan

up a card with the new 57 variety slogan reflecting back Hines acknowledged I

reflecting back Hines acknowledged I

reflecting back Hines acknowledged I myself did not realize how highly

myself did not realize how highly

myself did not realize how highly successful slogan it was going to be

action item number two be unique with

action item number two be unique with your promotions another great way to cut

your promotions another great way to cut

your promotions another great way to cut through the clutter and have potential

through the clutter and have potential

through the clutter and have potential customers pay attention to you is to be

customers pay attention to you is to be

customers pay attention to you is to be unique with your promotional campaigns

unique with your promotional campaigns

unique with your promotional campaigns no tactic was too flashy oh gallery for

no tactic was too flashy oh gallery for

no tactic was too flashy oh gallery for Heinz he wanted his products to stand

Heinz he wanted his products to stand

Heinz he wanted his products to stand out in shine literally in 1900 Heinz

out in shine literally in 1900 Heinz

out in shine literally in 1900 Heinz decided to erect the first ever electric

decided to erect the first ever electric

decided to erect the first ever electric sign in New York City on the corner of

sign in New York City on the corner of

sign in New York City on the corner of Fifth Avenue and 23rd Street in

Fifth Avenue and 23rd Street in

Fifth Avenue and 23rd Street in Manhattan standing six stories tall the

Manhattan standing six stories tall the

Manhattan standing six stories tall the sign was a large electrical it pickle

sign was a large electrical it pickle

sign was a large electrical it pickle the for the Heinz name and his 57

the for the Heinz name and his 57

the for the Heinz name and his 57 varieties slogan in the display room

varieties slogan in the display room

varieties slogan in the display room below the sign Heinz employees could be

below the sign Heinz employees could be

below the sign Heinz employees could be seen packing miniature pickles into

seen packing miniature pickles into

seen packing miniature pickles into bottles the science of 1200 lightbulbs

bottles the science of 1200 lightbulbs

bottles the science of 1200 lightbulbs to build and cost the company some $90

to build and cost the company some $90

to build and cost the company some $90 every night but for Heinz it was all

every night but for Heinz it was all

every night but for Heinz it was all worth it four years is Electric pickle

worth it four years is Electric pickle

worth it four years is Electric pickle and fresh shoppers along the famous New

and fresh shoppers along the famous New

and fresh shoppers along the famous New York Strip and served as invaluable

York Strip and served as invaluable

York Strip and served as invaluable advertising

advertising

advertising Hinds was a master promoter and was even

Hinds was a master promoter and was even

Hinds was a master promoter and was even responsible for Pok pioneering one of

responsible for Pok pioneering one of

responsible for Pok pioneering one of the major trends in the industry

the major trends in the industry

the major trends in the industry obsesses quality freshness and

obsesses quality freshness and

obsesses quality freshness and cleanliness Hinds invented the concept

cleanliness Hinds invented the concept

cleanliness Hinds invented the concept of the factory tour anyone who is

of the factory tour anyone who is

of the factory tour anyone who is interested in seeing how high is

interested in seeing how high is

interested in seeing how high is produced and packaged his products was

produced and packaged his products was

produced and packaged his products was now allowed to witness the product

now allowed to witness the product

now allowed to witness the product firsthand he was confident in his

firsthand he was confident in his

firsthand he was confident in his operations and believed opening up for

operations and believed opening up for

operations and believed opening up for the public would help build confidence

the public would help build confidence

the public would help build confidence and trust in his company the move

and trust in his company the move

and trust in his company the move sparked an outburst of positive

sparked an outburst of positive

sparked an outburst of positive publicity not to mention a wave of

publicity not to mention a wave of

publicity not to mention a wave of copycats action item number three have a

copycats action item number three have a

copycats action item number three have a quality product and be proud of it most

quality product and be proud of it most

quality product and be proud of it most of the famous entrepreneurs achieve

of the famous entrepreneurs achieve

of the famous entrepreneurs achieve success not because they were trying to

success not because they were trying to

success not because they were trying to make a lot of money but because they

make a lot of money but because they

make a lot of money but because they created a product or service that was

created a product or service that was

created a product or service that was good quality and that they were proud to

good quality and that they were proud to

good quality and that they were proud to make and promote Heinz was very proud of

make and promote Heinz was very proud of

make and promote Heinz was very proud of all of his products in addition to

all of his products in addition to

all of his products in addition to allowing the public access to his

allowing the public access to his

allowing the public access to his factories he also opened up his products

factories he also opened up his products

factories he also opened up his products with them literally

with them literally

with them literally he was one of the first to ever packages

he was one of the first to ever packages

he was one of the first to ever packages products in clear glass bottles Heinz’s

products in clear glass bottles Heinz’s

products in clear glass bottles Heinz’s competitors would often use filler

competitors would often use filler

competitors would often use filler ingredients to pump up the volume of the

ingredients to pump up the volume of the

ingredients to pump up the volume of the products and then conceal the fact by

products and then conceal the fact by

products and then conceal the fact by using opaque color containers Heinz

using opaque color containers Heinz

using opaque color containers Heinz wanted his customers to see exactly what

wanted his customers to see exactly what

wanted his customers to see exactly what they were buying he was proud of his

they were buying he was proud of his

they were buying he was proud of his products quality and other transparent

products quality and other transparent

products quality and other transparent bottles to ensure customers they were

bottles to ensure customers they were

bottles to ensure customers they were getting their money’s worth

getting their money’s worth

getting their money’s worth – biographer Robert C Albert’s claimed

– biographer Robert C Albert’s claimed

– biographer Robert C Albert’s claimed that Heinz had hit one of the most

that Heinz had hit one of the most

that Heinz had hit one of the most important and shaping business ideas of

important and shaping business ideas of

important and shaping business ideas of his time that a pure article of superior

his time that a pure article of superior

his time that a pure article of superior quality could find a ready market

quality could find a ready market

quality could find a ready market through its intrinsic value so long as

through its intrinsic value so long as

through its intrinsic value so long as it was packaged and promoted properly

so remember create a catchy slogan be

so remember create a catchy slogan be unique with your promotions and have a

unique with your promotions and have a

unique with your promotions and have a quality product and be proud of it to

quality product and be proud of it to

quality product and be proud of it to finish up this video I wanted to share

finish up this video I wanted to share

finish up this video I wanted to share one of my favorite true stories about

one of my favorite true stories about

one of my favorite true stories about Henry Heinz and some of his best quotes

Henry Heinz and some of his best quotes

Henry Heinz and some of his best quotes in the banking panic of 1875 a young

in the banking panic of 1875 a young

in the banking panic of 1875 a young Heinz found himself overextended and

Heinz found himself overextended and

Heinz found himself overextended and bankrupt he had tried unsuccessfully to

bankrupt he had tried unsuccessfully to

bankrupt he had tried unsuccessfully to turn for help to the grocers he had been

turn for help to the grocers he had been

turn for help to the grocers he had been supplying with produce over the past few

supplying with produce over the past few

supplying with produce over the past few years they however turned their backs on

years they however turned their backs on

years they however turned their backs on him too he couldn’t even get enough

him too he couldn’t even get enough

him too he couldn’t even get enough credit to feed his family with that

credit to feed his family with that

credit to feed his family with that Heinz decided that he would never again

Heinz decided that he would never again

Heinz decided that he would never again be placed in a situation where he had to

be placed in a situation where he had to

be placed in a situation where he had to depend on others to survive he made a

depend on others to survive he made a

depend on others to survive he made a decision to be successful and never

decision to be successful and never

decision to be successful and never looked back

thank you for joining me for another

thank you for joining me for another edition of modeling the masters if you

edition of modeling the masters if you

edition of modeling the masters if you enjoyed please give the video a thumbs

enjoyed please give the video a thumbs

enjoyed please give the video a thumbs up below I’d also love to hear your

up below I’d also love to hear your

up below I’d also love to hear your feedback if you want to leave a comment

feedback if you want to leave a comment

feedback if you want to leave a comment and stay tuned for the next episode

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