He also invested the Ediphone which is a drum memory from sound, voice vibrations would be recorded on a wax cylinder. There was a great history on marketing and selling this product, lets see below
Edwin C. Barnes had a burning desire that he needs to work with Edison on a business project. He had a great desire on this but had no money to travel to New Jersey. Due to his strong desire he found a way to travel through a freight train. He somehow reached Edison's laboratory and seeking for an opportunity
Initially he had no clue on how and where to start but he had his strong burning desire. One day, Edison found this Edison Dictating Machine (Ediphone) but his salespersons are not comfortable / enthusiastic to sell this machine. They thought it needs great effort to sell this machine
Barnes now saw this as an opportunity. He thought he can sell this across the united states and told his interest to Edison and got the opportunity. Edison gave him a contract to distribute and market all over the united states. Barnes Desire and his thinking power made him to achieve this great milestone. There will always be an opportunity in everything but the question is how we make use of this
Out of the Business Association grew the slogan, "Made by Edison and Installed by Barnes."
Later, Barnes made some around 2 or 3 million dollars out of this contract. He initially had no money to begin with but he believed and had a strong desire on his thought to achieve this great milestone.
Have a Great Day
B G Nareshkumar

No comments:
Post a Comment