Great Value in Disaster
In 1914 Thomas Edison’s factory in West Orange, New Jersey, was virtually destroyed by fire. Although the damage exceeded $2 million, the buildings were insured for only $238,000 because they were made of concrete and were thought to be fireproof. Much of Edison’s life work went up in smoke and flames that December night. At the height of the fire, Edison’s 24-year-old son, Charles, searched … [ Read more ]
Subject: Success / Failure / Achievement