International business and global management

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Moral lesson out of a case study-Charles Goodyear

International business and global management

Introduction

Charles Goodyear was a citizen of New Heaven, born to Amasa Goodyear and Cynthia Bateman.

This family comprised of intelligent, hardworking and innovative people who dealt in the

manufacture of American hardware through invention and selling of agricultural tools that

included manure and scythes. They also traded spoons, clocks and even military buttons; this

included a significant invention of a flexible steel fork.

Charles Goodyear

Basing on the fact that his family dealt in business, he was exposed to different types of business

activities that involved invention and manufacture of goods and services. His father made him an

apprentice in the store so that he could obtain skills and experience in the field of business. He

gave a helping hand to his family in growing family business that dealt in the manufacture of

metal based goods during his armature stages. This became the foundations of his intelligence in

the field even though he never completed his studies. After getting married, he moved to

Philadelphia where he established his first retail hardware store that dealt in steel fork and other

farm tools.

As the year 1829 elapsed, he was attacked with dyspepsia that led to his health deteriorating.

This illness led to different forms of setbacks in his business that involved negative

repercussions. This led to the family becoming bankrupt to a point where the business was shut

in 1830. As time went in the 1830’s he went back to invention and discovered air pumps, faucets,

spoons and others and found out that the products did well in the market. This showed that he

was persistent and not easy to give in basing on the fact that illness had attacked him to a point of

bankruptcy.
International business and global management

In the summer of 1834, he walked into the New York retail store of Roxbury India rubber. With

the innovations he had made, he showed the manager of the company his discoveries hoping to

be absorbed. This was rejected. Driven by curiosity, disparity and personal motives, he tried his

luck by conducting several experiments. In this process, he tackled a number of issues that

included poverty, rejection of his innovations buy the management of the targeted companies and

imprisonments due to failed promises. Despite all this challenges, he kept working to a point

making significant discoveries in the rubber industries including the steam under pressure,

applied for 4-6 hours at an approximate temperature of 270 degrees.

Conclusion

Basing on this, it is clearly evident that one can make it to the targeted business goals and

personal objectives despite the difficulties that one may be growing through. Charles battled

difficulties of finance and health but made it to success. In terms of literature we can refer

Charles to both a Picasso and a Matisse since he was persistent, innovative and goal achiever.