Produce A First-Class Product That Is A Real Need - Joyce Hall

Joyce Hall
Company: Hallmark Cards
Net Worth: Unknown

Whether it is your birthday, bah mitzvah or anniversary, we all know the feeling we get when someone gives us a greeting card. For Hallmark founder Joyce C. Hall, creating that feeling was his life’s work. A high school dropout from humble origins, Hall worked hard to not only create a business for himself, but to revolutionize an industry.

Hall might have driven the same Buick for most of his life, and eaten lunch in the company’s cafeteria every workday, but he was no ordinary employee. By the time Hall died in 1982, the company he started was valued at roughly $1.5 billion. From two boxes of postcards to a multinational company that offers a vast range of successful products, Hall came a long way from his humble beginnings. How did he do it?

Advice For Entrepreneurs:

“We didn’t start our business to see how much money we could make, but to see how good a job we could do. If a man goes into business with only the idea of making a lot of money, chances are he won’t. But if he puts service and quality first, the money will take care of itself. Producing a first-class product that is a real need is a much stronger motivation for success than getting rich.”