Harry Winn. The Millionaire Garbage Collector
Within ten years, the start of the work of the young American - the uneducated - "Harry Win" driver of a waste vehicle in one of the companies, managed to own one of the largest waste collection companies in the United States, which acquired - later - dozens of other companies operating in the same sector ; It surpassed its $ 82 million mark in 1971.
the beginning:
Harry Winn was born in Chicago in 1937 and suffered some family problems that prevented him from completing his studies.
Work since childhood:
After Harry lost his education, he went to work as a private car driver, a gas station worker, and other jobs at the age of 15.
Garbage Collector:
After Harry's marriage, he worked for a garbage collection company, and his job was to drive a garbage truck, in addition to bringing customers to the garbage collection company.
A special project:
Although Harry did not have scientific or practical experience, he gained two years of experience in his field, which led him to consider establishing a private project in the field of garbage. In 1962, he founded a garbage collection company.
Funding:
Harry did not have much capital to bring in the company's business supplies; he borrowed $ 5,000 from one of his relatives to buy a garbage truck used by one of his friends.
Insisting on success:
Harry believed that diligence was the only way to reach the highest level in all areas; he was keen to be regular in his work and dedication to him, even with the name of his company in Chicago within a short period.
trash mangment:
As Harry began to grow, another waste company owned by one of his relatives achieved many successes and profits in the same period, prompting Malakan to form a partnership that would contribute to the synergies between them and elevate the company's new level to the top.
In 1968, Harry made his decision to merge the two successful companies into a single entity called "Waste Management".
Beginning of Ascension:
The collaborative work between the two companies has led to unprecedented success. This has boosted the company's new stock offering; it has increased its reach; it has acquired 133 other small companies under its new umbrella.
$ 82 million
After just 10 years of Harry's career, and three years of his company's first merger, the company's profit exceeded $ 82 million, the number of employees rose to 60,000, and the number of clients exceeded 600,000.
Pioneering qualities
Success is not limited to a particular area: modest occupations do not represent a barrier to success. This was confirmed by Harry, who broke into the world of entrepreneurship from the field of garbage; until he reached the top ranks, and became a senior businessman in the United States of America.
Out of the comfort zone: Harry did not spend time in the comfort zone or comfort zone of working as an employee in a garbage company in return for his usual monthly salary. He got up just two years later to take the risk and gain new experience in entrepreneurship, And own his own project.
Intelligence: Intelligence is one of the most important attributes of a business entrepreneur; even if he can not get enough education, he can achieve unparalleled successes, only by acting wisely in different situations.
This was reflected in Harry's decision to launch his own company after gaining sufficient experience in the field of garbage, and then began a series of mergers that led him to rise to the top.
- Partnership and lack of success: Harry's decision to merge his company into a relative's company to increase their success and ensure greater synergy, cooperation and benefit from each other's experiences would have brought his company to another level of success and progress that would not have been possible if both owners had achieved self-success.
In the same vein, before embarking on partnerships, the entrepreneur must verify that the partner is highly cooperative, confident, honest and professional.