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Russell Stover

Published on Nov 23, 2015

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PRESENTATION OUTLINE

Russell Stover

Photo by Dave Lifson

When it all started

  • Born: May 6, 1888
  • Hometown: Alton, Kansas
  • Educational background: Attended high school in Iowa
  • Studied Chemistry for a year in Iowa State University
  • Always worked on the farm with his parents
Photo by ecstaticist

oUT OF THE FARM

  • Russell realized the farm life was not for him
  • He moved to Winnipeg, Minnesota
  • He worked for the Minnesota Candy Company
  • Resigned when his company balked some questionable merchandise. 
  • 1 year in Chicago in a candy manufacture.
Photo by Josh Kenzer

Russell Stover

  • He became an entrepreneur because he made a partnership with Nelson
  • They decided to start with selling eskimo pies. 
  • Then Russell decided to make chocolate in a different way
  • He started in his kitchen with his wife Clara
  • Then opened a Factory of his own

Innovator

  • Someone who wants to make things better so that people will want to buy it
  • Russell and Nelson because partners they decide to change chocolate  
  • They had new ideas to change chocolate

Strategist

  • Russell made a partnership with Nelson when no one wanted to.
  • His business with eskimo pies became a huge success
  • They decided to work with making chocolates better

Risk Taker

  • Risk taker is someone who gives up all they have to pursue a dream
  • Russell gave up all he had to open a chocolate factory
  • •He invested all his time and dedication to the factory
  • He was not sure it was going to work

Sparkplug

  • Someone that has the enthusiasm/hope to make their ideas come true
  • Russell knew enough about chocolates so he decided to open his own factory
  • He started out by making homemade chocolates with his wife Clara
  • he had that enthusiasm to make chocolate better  

Ambition

  • Russell was motivated that he was going to have big success
  • Russell did not give up he thought of new ways to improve chocolate
  • Ambition: Being positive to knowing that everything will be a success

Self-Confidence

  • Self-confidence:Believe you can accomplish any goal in life
  • Russell was confident that his partnership with Nelson was success

WILLINGNESS TO TAKE RISKS

  • Not being afraid to lose anything
  • Russell  was not afraid to leave the 580 acres of land
  • He was not afraid of the parternship with Nelson

Energy & Self discipline

  • Sacrifice everything to keep their business successful
  • Russell gave up all the farm land for his company
  • He did everything possible to make his business grow

perseverance

  • Even in the worst moments they do not give up
  • Russell had a lot of competition but that did not stop him at all  

Problem solving ability

  • Finding a way out to the problems
  • Russell found a way to help Irwin Candy Co. out of bankruptcy
  • He knew enough about chocolate to help them save their company

Ability to motivate others

  • Inspiring others through the successful path
  • Russell belived in Nelson so they became partners
  • He motivated Nelson so that their business could be a sucess

Organization Skill

  • Someone manages time and people well
  • Russell managed his time properly
  • His set up of how to run things is organized