Entrepreneur Report : Howard Johnson

In: Business and Management

Submitted By crystalleef
Words 920
Pages 4
Crystal McKenzie
September 12, 2013

Howard Johnson: Entrepreneur It is said that necessity is the mother of all inventions. While I found this to be true after reviewing the list of entrepreneurs that I put together, I decided to choose Howard Johnson. I wouldn’t say that his invention was born out of necessity but I still find myself liking his product and his story as well as sharing his love of ice cream! His humble beginnings and “go-getter” spirit personify the American Dream and round out the reasons why I admire him as an entrepreneur. The text defines an entrepreneur as a risk taker and someone who seeks out a profitable opportunity. I find the risk taker portion of this definition to be the true spirit of an entrepreneur and what separates the men from the boys, if you will. I’m sure that people before Howard Johnson or even during his time had similar ideas but he did it. Johnson decided to move forward with his idea, his vision, and make it a reality. I admire entrepreneurs because they can take an idea and make it something more than scribbles on a piece of paper. I find several similarities with Howard Johnson in that we both came from backgrounds of working to help our families as well as restaurant work. I admire the fact that even though he barely had an elementary school education, he was able to be a successful business man. I highly value education so this is the one point where I feel he could have potentially been more successful. In his early twenties, Johnson bought a drugstore soda fountain then followed this with two more stores over the next few years. Ten years after opening his first soda fountain, he launched franchising. I have read several different places that either lists his franchise as the first restaurant franchise or one of the first. Whether it was first or not, he was still able to charge a fee to operators…...

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