How Did Milton Hershey Dominate His Industry

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Some of the strong, successful businessmen from the late 19th century to the 20th century came to dominate their industry by cruel, unethical ways while others came to power by persistence and determination. Early America was full of opportunity and chance for young entrepreneurs who were willing to take risks and work hard to climb to the top of the business ladder. Train tracks, oil, mining, steel, and other job categories were the main industries in which people found their success. One of the most well-known and prosperous businessmen in that time period was Milton Hershey, whose industry was candy. He is not a baron robber, someone who gained great fortune by ruthless means, but instead a pioneer of his industry. He innovated the formulas for making caramel and chocolate, treated his employees with respect, and made generous, gracious donations to the people and places he cared about. Milton Hershey was born on September 13, 1857 in Hockersville, Pennsylvania. He went through an incomplete, country school education until he was 15 when he started an apprenticeship. He borrowed money from his aunt to open a candy shop in Lancaster, Pennsylvania. It closed after five years of hard work and long hours. He then traveled to Denver, where he discovered the secret of a caramel and milk combination. Returning to Lancaster, Hershey started the Lancaster Caramel Co. after two failed attempts. He had found booming success and was selling his caramel around the world. But in 1900, to concentration on transforming the…show more content…
He was innovative in his research of the formulas for caramel and chocolate, his employees were well treated, and he was a very generous philanthropist. Many up-and-coming entrepreneurs in the late 19th and 20th century became successful by unethical methods, but some were honest, respectable men that gained their fortune using moral means. Milton Hershey was one of those honest
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