Ice Cream Kings: Ben Cohen and Jerry Greenfield are Born
Article Overview: “I scream, you scream, we all scream for ice cream,” proclaims Jerry Greenfield, co-founder of one of the most popular brands of ice cream in the U.S. Indeed, the success of Ben & Jerry’s since its launch almost thirty years ago seems to support his claim. From the $5 correspondence course in ice cream making Greenfield and his partner Ben Cohen took from the Pennsylvania State University in 1978, to being named “U.S. Small Business Persons of the Year” by President Reagan in 1988, the childhood friends not only achieved tremendous success, but they did so on their own terms.
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Ice Cream Kings: Ben Cohen and Jerry Greenfield are Born
“I scream, you scream, we all scream for ice cream,” proclaims Jerry Greenfield, co-founder of one of the most popular brands of ice cream in the U.S. Indeed, the success of Ben & Jerry’s since its launch almost thirty years ago seems to support his claim. From the $5correspondence coursein ice cream making Greenfield and his partner Ben Cohen took from the Pennsylvania State University in 1978, to being named “U.S. Small Business Persons of the Year” by President Reagan in 1988, the childhood friends not only achieved tremendous success, but they did so on their own terms.
Born on March 18, 1951, in Brooklyn, New York, Ben Cohen remembers being fascinated with ice cream from a young age, when his father used to regularly eat entire half-gallons directly from the carton using a large soup spoon after dinner. The curious young Cohen would take to creating his own flavours of ice cream by combining it with various cookies and candies. In fact, Cohen’s first job was working as an ice cream truck driver in his senior year of high school.
Cohen attended Calhoun High School in Merrick, New York, which is where he met his future business partner Jerry Greenfield. Born just four days before Cohen on March 14, 1951, also in Brooklyn, New York, Greenfield met Cohen during agym classtogether in 1963. The two self-proclaimed wild boys became fast friends, even double-dating in Cohen’s convertible.
Greenfield graduated from Calhoun with a National Merit Scholarship and enrolled in a pre-med program at Oberlin College in Ohio, while Cohen enrolled in Colgate University. Cohen would not find much success at school, dropping out a year and a half later only to return to his job as an ice cream truck driver. From there, Cohen would enroll in Skidmore College to study pottery and jewelry making, and later in the University Without Walls. To pay his way through school, he worked as a cashier for McDonald’s and as a night mopper at a local store, among other part-time jobs. Disenchanted, Cohen eventually dropped out of the University Without Walls and moved to New York City to continue studying pottery, as well as art therapy at NYU. To support himself, he again took on various part-time jobs, including pediatric emergency room clerk and taxi cab driver.
Meanwhile, Greenfield was enjoying such courses as “Carnival Techniques” – where he learned to fire-swallow – at Oberlin. It was there that Greenfield also learned the sledgehammer-and-brick trick that would later become a regular feature of Ben & Jerry’s special events. After graduation, Greenfield unsuccessfully applied to medical school, and finally settled on working as a lab technician in New York, where he shared an apartment with Cohen. After a year of performing experiments on beef hearts, Greenfield again applied to medical, only to be rejected again.
Both Greenfield and Cohen were somewhat disappointed with where their lives had taken them to that point. Together, they began to think seriously about how to turn things around.
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- Great find Leo! I'm surprised that Bram Cohen (Cofounder, BitTorrent) and Mike Morhaime (President, Blizzard Entertainment) made it ahead of Jimmy Wales (Founder, Wikipedia) who has one of the most popular sites in the world and will soon be taking on Google in the search battles.
Re: Disney to refund Baby Einstein DVDs for Marketing Blunder
- Hi Kevin,
I have found television and especially DVDs to be excellent sources of stimulation and education for my daughter. The opinion that exposing kids to tv is always harmful is a corruption of the sensible opinion that tv and DVDs should be used with discretion.
If I remember rightly, my daughter had gone through a whole library of the Japanese Anpan Man DVDs, Winnie the Pooh and - this was my choice! - Tom and Jerry to name a few. She was also keen on the Pink Panther cartoon, but I was less keen on it because of the lack of dialogue (Okay, Tom and Jerry doesn't have much, but a lot more than the Pink Panther...). Watching stuff on tv did a lot to help my develop her English as well as Japanese language skills at exactly the age when you want that to start happening (er, "before they are two").
When I read the comments on the report, I realized that the fuss may have been about children not turning into geniuses because they were being left in front of the tv to watch the DVDs without any adult supervision. I doubt that was what Disney intended.
I trust all those who receive refunds from Disney will feel ashamed enough to donate the cash to children's charities, and while they are at it, they might as well donate the DVDs to a charity shop.
The 11-7-06 NEFA Meeting went very well!
- The NEFA meeting held Tuesday November 7th went very well.
The meeting was very well attended and Mary Tomzack of FranchiseHelp, Inc. presented her unique perspective in regards to franchising. Mary also distributed a copy of her book, "Tips & Traps of buying a franchise".
The next NEFA meeting is January 23rd, when the IFA Chairman "Doc" Cohen, an American Cookie Company multi unit franchisee with make a presentation.
I'll post more information when the date gets closer.
Thank you!
How To Create Your Million Dollar Moment
- I was listening to a skill-set video by a gentleman named Jerry Clark this morning who had a wonderful insight on life actually and how to “arrive” at whatever it is you want to accomplish in life.
Jerry Clark first spoke about how you, because no one can do it for you, but you have to first attract your million dollar moment. Jerry spoke about how he was born in a garage, and grew up very poor, and he remembers asking his mother for new shoes, pants and things of that nature, and his mother’s reply was always “We don’t have enough money…” But it wasn’t until Jerry wanted to take Karate lessons that hearing his mother’s excuse was just the last straw for Jerry and so he decided to take matters into his own hands, and got himself a paper route. Just so that he could pay for the Karate classes he so desperately wanted to do at $40/month.
That’s what we must do with ourselves. At some point we have to say, you know what, the same ole excuse of not having enough money or whatever it is that you are hindering yourself from, you have to kind of get upset with yourself, and say hey, I’m a take action on this thing and just get it done.
So at a young age of 11 years old, that was Jerry’s first “monumental moment.” And from there it can only grow. From there Jerry saw the Mercedes Benz car, homes with movie theatres inside them, and it drove his hunger. Jerry realized at 19 that trading time for dollars, like what most of us do in a job setting is not what’s happening. Entrepreneurs get paid for trading results for dollars. So there is a shift that needs to take place there in order to understand that key concept. Because in a job setting, you can have the crappiest day and not be as effective as you could, and still get paid, but in the entrepreneur world, that’s not the case.
So you must surround yourself with successful people, other entrepreneurs, people who have already produced results.
Jerry describes what is called a Success Triangle. Now picture a triangle, having the three points, and now lets look at the base on the left, Jerry calls that Internal Communication.
Internal Communication is how you communicate with yourself. Your expectation. Your beliefs, philosophies. We must master this.
The next base to the right is the External Communication. This is how you communicate with others. The direct marketing, copy-writing skills. However and whenever possible, you want to study influence. This will help you understand about what makes people tick.
Jerry describes how there are four things that you are going to go through when mastering anything.
One, is time, just like it took and takes time to learn that “thing” on the job, this is going to take time as well. Something like a year or so.
The second is energy, and energy is nothing more than action. You must, must, must take action. Confuscion the greek philospoher once said “To know and not do is yet not to know.” Meaning you might think you know something, but you really don’t know cuz you’re not doing it. So we must take action.
The third is Frustration. No matter how calm or relaxed of a person you are, you will get frustrated, but its important to stay in your lane. That’s my own personal philosophy of frustration. I have lived and have visited several cities, and because I like to drive I find myself in tons and tons of traffic. Now I like to think of myself as a pretty calm and relaxed person, but sitting traffic is the most infuriating thing to me. But my motto is to just stay in your lane, Steer the course, because slow motion is better than no motion, and although its frustrating, you still want to get there. I have seen where cars will pull over and take a break on the shoulder, pull off all together and get a bite to eat, and that’s cool for them. But for me, unless I was already planning to pull over for a bite, or to check my vehicles coolant levels and so forth, I’m not gonna let anything veer me from my course. And my thinking is because you never know how far you have to go before you break through. You could only have ten more yards to go ’til traffic is going to break and you will be right where you want be, smooth sailing. You can’t find that out on the shoulder. There’s an old proverb that says “The darkest hour of the night comes just before dawn.” So we must not give up!
The fourth concept to mastering anything is change. You must always be changing and growing. Its sounds so simple, but its oh so true, but if nothing changes, nothing changes.
So lets get back to the triangle, and the last piece of the triangle at the top is Technical Knowledge. This is the know how, the coaching. The piece that will actually make you money. Sometimes people skip the other two parts and get straight to this piece, the money aspect. Which can work, but without the internal knowledge, what will keep you motivated, how will you react when you become frustrated. You need those internal skills. How will you be able to create a good copywritten sales letter, or how will your conduct be when you are speaking with folks in seminars, meetings, webinars, you need those external communication skills. It all fits together.
The last thing Jerry spoke about and ended the call with was what he called The Slight Edge Concept. Which simply stated that “Everyday in every way you are either performing simple disciplines or simple errors of judgement.”
See discipline is the key. Excellence is not achieved overnight. It is a lifelong journey that we should be working on daily. And we are always working on something whether we know it or not. Just like the saying if you aren’t planning your work, you’re planning to fail. By you not taking interest in your work, you are ensuring your own failure. So The Slight Edge Concept is pretty much saying that everyday we are either making good choices or bad. The disciplines we create in our lives are the determining factor. Just repeat simple disciplines in our lives daily and over time you will see tremendous results.
Re: Securing Financing
- well ,
All new companies need financing of some sort to launch operations. In some cases, entrepreneurs are able to simply dip into their existing personal savings accounts. For example, Jerry Greenberg and Stuart Moore, who co-founded Sapient Corp. in 1991, used $40,000 of their own savings and charged nearly $70,000 on their credit cards rather than seek outside funding for their new information technology (IT) consultancy. In other cases, entrepreneurs will ask a friend or relative for funding, as Gateway, Inc. founder Ted Waitt did in 1985, when he secured a $10,000 loan from his grandmother to establish his mail order computer business. Most often, though, new businesses will turn to outside sources such as banks and venture capital firms for startup funding. Because venture capital firms actually purchase a portion of the company they are funding, quite often they help to steer the firm's strategic development.
Funding for firms which have not yet launched operations is known as seed money or seed investing, while funding for fledgling upstarts that have already opened for business is called early stage investing. Banks and venture capitalists also loan money to established businesses seeking additional growth; this process is known as expansion stage financing. Wealthy individuals who fund startups are sometimes called angel investors. To gain access to outside funding, entrepreneurs typically submit some sort of a business plan, which details exactly how a new or existing company will accomplish goals like launching operations, finding customers, making money, and expanding into new markets. Typically, the most successful business plans, at least in terms of securing funding, are those with a clearly defined target market. In many cases, once officials at a bank or other funding institution determine that a business plan warrants further consideration, they expect the individuals requesting the funding to pitch their ideas in person as well. Many investors also favor startups with experienced management, a diverse and qualified board of directors, and an exit strategy, such as a planned initial public offering (IPO), which allows investors to cash out in three to five years, if desired...............
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