Word: youngsters
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When Bill was nine, his father, a welder, joined the Navy and left home, returning only occasionally at first, and then not at all. The main man in the youngster's life became his maternal grandfather Samuel Russell. "He loved to tell stories that had some moral point about getting an education, working hard," Bill recalls, "but you'd hardly notice because he'd be so funny and ramble around so much." Russell encouraged the yarns of his precocious eldest grandson. At the end of a session, he would fish around in a sock full of change that was tied...
Even as a paper boy, Lewis showed signs of managerial talent. Rather than give up his delivery route while he was away at summer camp, the youngster turned over the job to his mother. Says she: "He paid me a salary, but he made sure that he made a profit, believe me." These days Lewis still believes in delegating work. In the acquisition of McCall, he allowed its two top executives to take an ownership stake in the company as a way of motivating them. Then Lewis set goals for the managers, but refrained from looking over their shoulders...
Born in a lower-middle-class subdivision in Los Angeles' San Fernando Valley, Minkow discovered early on that money was the magic carpet by which he could escape his humble origins. His family could not afford a baby-sitter, so after school the youngster did odd jobs for his mother at the local carpet- cleaning shop she managed. By the time he was ten years old, he was soliciting business over the phone. Five years later, in 1981, he bought some steam- cleaning equipment and set up shop in his family's garage. Unlike many entrepreneurs who give their companies...
...orators suffered severely with a stutter in his youth. In freshman Latin class at a Catholic high school, recitation was particularly difficult for young Joe. "Jimmy O'Neill, a great prankster, hung me with the nickname Impedimenta, Biden recalls. "I was the impediment." Over the next few years, the youngster shook his affliction. "I forced myself. I memorized passages and practiced a cadence." Despite the speech problem, Biden had the good looks and sincere geniality that won friends. "I always knew I had the ability to persuade people," he recalls...
Serge Klarsfeld, a French Jewish lawyer who as a youngster hid in a closet listening to the Gestapo torture the neighbor's children, argues that sending innocent people to ovens is no common crime...