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Registered User
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Posts: 3771
Join Date: Aug 2007
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Something I ran across in Entrepreneur magazine.
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Some of the most innovative ideas have emerged during times of economic duress.
The Great Depression
1930: 3M pours profits into R&D, yielding Scotch tape
1931: Sears Roebucks creates Allstate insurance subsidiary
1932: Revlon launches with long lasting nail polish
1933: Miracle Whip is born
1934: Campbell's cream of mushroom and chicken noodle soups introduced
1938: GE introduces fluorscent light bulb, at twice the lifespan of incandescent but uses half the power
1939: Hewlett-Packard established
Eisenhower recessions
1954: Texas Instruments introduces transistor radio
1955: The first McDonalds opens(owned by Ray Kroc)
1958: Hello, Hula Hoop
1960: Medtronic purchases the rights to produce an implantable pacemaker
1961: Proctor & Gamble test Pampers disposable diapers
Vietnam, stagflation, oil crisis
1973: Revlon's Charlie, for a working woman's budget, is a hit
1974: The first product with a UPC is scanned(a pack of gum)
1975: Bill Gates and Paul Allen form Microsoft
80's Recession
1981: MTV hits the airwaves
1982: Diet Coke hits shelves
1983: Apple computer mouse introduced
1983: Microsoft introduces Word for MS-Dos 1.00
Black Monday
1987: Quark introduces QuarkXPress
1987: FDA approves Prozac for treating depression
Gulf War
1991: World Wide Web and Apple Powerbook debut
1992: Kali's Bar is introduced, becomes ClifBar in '97
DotCom implosion, 9/11 Attacks
2000: Adam Lowry and Eric Ryan found Method Products
2001: IPod unveiled, Orbitz.com goes live, PayPal goes public, XM satellite radio begins broadcasting
2002: RiM introduces BlackBerry 5810
__________________But the backdrops peel and the sets give way and the cast get eaten by the play, there's a murderer at the matinee, there are dead men in the aisles
And the patrons and the actors too are uncertain if the show is through and with sidelong looks await their cue, but the frozen mask just smiles
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