Which previous U.S. President was a small business owner, one-time retailer, and the only president to receive a patent?
- Abraham Lincoln
- Barack Obama
- Ronald Reagan
- John Adams
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2 Comments
Retail – Remember, expect, tackle, audit, inquisitive and listen.
If u follow above u would be successful in ur business. This is my experience from my own convenience store and gas stations.
Answer is #1 — Abraham Lincoln.
It is a little know fact that Lincoln was a small business owner and entrepreneur. He was a self-made man, working his way up from poverty, with less than one year of formal education. He owned a small store, which unfortunately went out of business. And, he was an inventor; he received patent No. 6469 in 1849 for a device to lift riverboats over sand bars, but it was never produced.
Source: USA Today, 02/13/09, http://www.usatoday.com/money/smallbusiness/columnist/abrams/2009-02-13-lincoln-advice_N.htm?POE=click-refer