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The Business Story Of Michael Jordan by ayoncox: 5:37pm On Oct 27, 2017
Michael Jordan was born in 1963, in the slums of
Brooklyn, New York.
He had four siblings and his father's earnings were
not sufficient to provide for the whole family.
He grew up in a poor neighbourhood. Exposed to
mindless violence and heavy discrimination in the slums, he saw for himself only a hopeless future.
His father saw in Michael, a lost soul and decided to do
He gave Michael, who was 13 years old, a piece of
used clothing and asked: "What do you think the value
of this outfit would be?" Jordan replied,"Maybe one dollar."
His father asked, "Can you sell it for two dollars? If you
can sell it, it would mean that you are a big help to
your family."
Jordan nodded his head, "I'll try, but no guarantee that
I'll be successful." Jordan carefully washed the cloth clean. Because they
didn't have an iron, to smoothen the cloth, he levelled
it with a clothes brush on a flat board, then kept it in
the sun to dry. The next day, he brought the clothes to
a crowded underground station. After offering it for
more than six hours. Jordan finally managed to sell it for $2. He took the two dollar bill and ran home.
After that, everyday he looked for used clothing,
washed and ironed it, and sold it in the crowd.
More than ten days later, his father again gave him a
piece of used clothing, "Can you think of a way you
can sell this for 20 bucks?" Aghast, Jordan said, "How is it possible? This outfit can
only fetch two dollars at the most."
His father replied, "Why don't you try it first? There
might be a way."
After breaking his head for a few hours, finally, Jordan
got an idea. He asked for cousin's helpto paint a picture of Donald
Duck and Mickey Mouse on the garment. Then he tried
to sell it in the school where the children of the rich
Soon a housekeeper, who was there to pick his
master, bought that outfit for his master. The master was a little boy of only 10 years. He loved it so much
and he gave a five dollar tip. 25 dollars was a huge
amount for Jordan, the equivalent of a month's salary
of his father.
When he got home, his father gave him yet another
piece of used clothing, "Are you able to resell it at a price of 200 dollars?" Jordan's eyes lit up.
This time, Jordan accepted the clothes without the
slightest doubt. Two months later a popular movie
actress from the movie "Charlie's Angels", Farah
Fawcett came to New York for her Movie promos.
After the press conference, Jordan made his way through the security forces to reach the side of Farah
Fawcett and requested her autograph on the piece of
clothing. When Fawcett saw this innocent child asking
for her autograph, she gladly signed it.
Jordan was shouting very excitedly, "This is a jersey
signed by Miss Farah Fawcett, the selling price is 200 dollars!" He auctioned off the clothes, to a
businessman for a price of 1,200 dollars!
Upon returning home, his father broke into TEARS and
said, "I am amazed that you did it My child! You're
really great! "
That night, Jordan slept alongside his father. His father said, "Son, in your experience selling these three
pieces of clothing, what did you learn about success?"
Jordan replied, "Where there's a will, there's a way."
His father nodded his head, then shook his head,
"What you say is not entirely wrong! But that was not
my intention. I just wanted to show you that a piece of used clothing which is worth only a dollar can also be
increased in value, Then how about us - living &
thinking humans? We may be darker and poorer, but
what if we CAN increase our VALUE."
This thought enlightened young Jordan. Even a piece
of used clothing could be made dignified, then why not me? There is absolutely no reason to underestimate
From then on, Michael Jordan felt that his future would
be beautiful and full of hope.
He went on to become the greatest basketball player
of all times. How can I increase my own value? I am finding it a
very interesting thought. I am sure, you too, will.
Legends Never Quit...

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Re: The Business Story Of Michael Jordan by greatmarshall(m): 5:39pm On Oct 27, 2017
Re: The Business Story Of Michael Jordan by Amberon11: 6:15pm On Oct 27, 2017
Wow, very enlightening.

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