Over 21% of companies fail in the first year after opening… sometimes quietly and sometimes spectacularly!
Jim Beam A Legacy in American Whiskey: Founded in 1795 by Jacob Beam in Kentucky, Jim Beam is one of America’s oldest and most iconic whiskey distilleries. Initially named Old Jake Beam Sour Mash, the brand survived Prohibition by temporarily ceasing production and then swiftly restarted in 1933—just 120 days after repeal. In 2014, the company was acquired by Japanese distiller, Suntory, for $16 billion, leading to the formation of Beam Suntory.
Dixon Ticonderoga The Pencil that Wrote History: Established in 1795, Dixon Ticonderoga began as a humble graphite pencil company, originally named after Fort Ticonderoga in New York. Contrary to popular belief, the company did not invent the iconic No. 2 yellow pencil, but it popularized it in the early 20th century through widespread adoption in schools nationwide.
Here is a list of some survivors…
Beam me up, Scotty!
