Written by Wendy Boe
The Lessons MB HAYNES Learned Through a Century of Business Are Applicable to Small Businesses Everywhere
The 1920s, a period of vital economic growth, was dubbed the “Electric Boom.” The rapid expansion of utility networks introduced homes and businesses to new forms of heating and lighting, as well as appliances to make day-to-day activities less cumbersome. In 1921, a 26-year-old Asheville native, Marion Blackburn Haynes, founded M.B. Haynes Electric Company with a vision of building on this electric boom and providing excellent service to the community.
Clearly a business does not get to 100 years on vision alone. Throughout a century, an organization will navigate different business stages which come in varied forms, and MB HAYNES is no stranger to this. It has thrived during profitable times, grown organically and strategically, and survived the downswings. Here’s what was learned along the way.
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