Summary of Spencer E. Ante s Creative Capital
39 pages
English

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39 pages
English

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Description

Please note: This is a companion version & not the original book.
Sample Book Insghts:
#1 In the spring of 1913, 13-year-old Georges Doriot ran home from school. He had excelled at his classes, and had the certificate to prove it. His father, however, was unimpressed.
#2 When Auguste was discharged from the French Army in the fall of 1889, he was a young and ambitious man who had great expectations. However, he had to spend five years in the prime of his youth serving in the military.
#3 Auguste was born on October 24, 1863, in Sainte-Suzanne, a village in the Franche-Comte province about a dozen miles northwest of Valentigney. He was fifteen when he was recruited into the Army, and after five years he returned to the Peugeot Company.
#4 The Peugeot brothers were fortunate in that their family business was large and profitable enough to finance their expansion into new industries. In the nineteenth century, financial markets were crude and entrepreneurs had a difficult time raising money for new ventures.

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Informations

Publié par
Date de parution 26 février 2022
Nombre de lectures 0
EAN13 9781669348580
Langue English
Poids de l'ouvrage 1 Mo

Informations légales : prix de location à la page 0,0450€. Cette information est donnée uniquement à titre indicatif conformément à la législation en vigueur.

Extrait

Insights on Spencer E. Ante's Creative Capital
Contents Insights from Chapter 1 Insights from Chapter 2 Insights from Chapter 3 Insights from Chapter 4 Insights from Chapter 5 Insights from Chapter 6 Insights from Chapter 7 Insights from Chapter 8 Insights from Chapter 9 Insights from Chapter 10 Insights from Chapter 11 Insights from Chapter 12 Insights from Chapter 13
Insights from Chapter 1



#1

In the spring of 1913, 13-year-old Georges Doriot ran home from school. He had excelled at his classes, and had the certificate to prove it. His father, however, was unimpressed.

#2

When Auguste was discharged from the French Army in the fall of 1889, he was a young and ambitious man who had great expectations. However, he had to spend five years in the prime of his youth serving in the military.

#3

Auguste was born on October 24, 1863, in Sainte-Suzanne, a village in the Franche-Comte province about a dozen miles northwest of Valentigney. He was fifteen when he was recruited into the Army, and after five years he returned to the Peugeot Company.

#4

The Peugeot brothers were fortunate in that their family business was large and profitable enough to finance their expansion into new industries. In the nineteenth century, financial markets were crude and entrepreneurs had a difficult time raising money for new ventures.

#5

The first financial institutions to provide funding for groundbreaking enterprises were American. The first modern communications technology, the telegraph, was financed by a small group of wealthy investors.

#6

The telephone was a new invention that was patented by Alexander Graham Bell in 1876. It was a monopoly owned by Bell Telephone Company, and their competitor, Western Union, began manufacturing a competing telephone that incorporated the inventions of Thomas Edison and other inventors.

#7

In the early 1880s, Armand first pushed the family into bicycle manufacturing. Later in the decade, he teamed up with engineer Leon Serpollet and built a steam-powered tricycle. In 1889, he introduced his invention at the World’s Fair in Paris.

#8

The Paris-Brest record was set by Rigoulot and Doriot, who drove from Valentigney to Paris in a Type 3 car. They were attempting a fifteen-hundred-mile journey across a much more varied and challenging expanse of terrain.

#9

The race between the Paris and Brest racers was filled with many comic moments that illustrated the radical and frightening nature of their new machine.

#10

In 1894, Pierre Giffard and Le Petit Journal decided to hold the first race exclusively for automobiles. The Paris-Rouen Trial of 1894 was held from Paris to Rouen, a city about eighty miles northwest of the French capital. It was not a race but rather a point-to-point contest during which the reliability and performance of the vehicles were judged.

#11

Auguste and Camille were married in Valentigney in 1894. He was a relatively old thirty, while she was a fetching twenty-four. The couple had two children. After the wedding, they moved to Paris and lived on Boulevard Gouvion-Saint-Cyr.
Insights from Chapter 2



#1

Georges Doriot was born in 1899 in Paris. He was the son of Auguste and Camille Doriot, and he inherited the family’s Protestant work ethic, fascination with technology, and confident yet humble personality.

#2

Auguste left Peugeot in 1902, and went to work for another car company in Paris. He left the company on good terms, and Armand wrote him a letter of reference when he left.

#3

In the late 1800s, banks were not interested in financing innovation, so most entrepreneurs got their start by raising money from their friends and family.

#4

The ultraconservative strategy of J. P. Morgan began during the Panic of 1873, when European investors lost $600 million in railroad stock investments. Petrified by all of the bankruptcies, Morgan decided to limit his future dealings to the most established and safest companies.

#5

The Doriot, Flandrin, and Parant company was founded in 1908 and was named D. F. P. , standing for Doriot, Flandrin, and Parant. They made cars with a Trust and Speed slogan. In 1911, they began manufacturing their own engines.

#6

The Bentley brothers’ timing was perfect. In 1912, D. F. P. released its most popular model, the D. 10/12, which could go up to 55 miles per hour. In 1914, the company launched the 12/40 Speed model, which could go up to 65 miles per hour.

#7

Auguste built a new house for his family in 1912, and Georges had a room in the basement converted into a laboratory. He began reading American trade magazines about machine tools and factory problems, and became interested in automotive engineering.

#8

When World War I erupted in 1914, the Doriot family stayed in Paris, despite Germany’s declaration of war on France. But this war would require Auguste to make an extreme sacrifice. He had risked his family’s finances and reputation on D. F. P. , and had worked tirelessly for ten years to get it off the ground.

#9

In 1914, France was engaged in a war with Germany. While many of the French soldiers suffered greatly, the civilian population was also affected by inflation and strikes.

#10

In 1917, strikes broke out in several munitions factories, including Panhard-Levassor. In total, one hundred thousand workers from seventy-one industries in the Paris region took to the streets. The war continued for another seven months, until it was declared over on June 28, 1919 with the signing of the Treaty of Versailles.

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