Milton

Hershey
By Hunter Sheikowitz
What was their life
like growing up?
• Milton Hershey was born into a Mennonite family.
• He had a mom named Fanny and a dad named Henry, who were of Swiss German decent.
• He had one sister named Sarena.
• His formal education was limited and he went to seven schools before his fourth grade
year.
• Eventually he dropped out of school entirely.
What was their early business
experience? How did they
learn to be an entrepreneur?
• He was born into a family with a small business.
• At a young age he gained some
exposure to business operations.
• His initial candy business made in Philidelphia failed.
• He demonstrated a lot of creativity.
How did they fund their
businesses originally?
• He used his personal savings.
• He relied a lot on loans.
• Sometimes he partnered with other companies.
What was their
business strategy?
• He made sure to focus more on the quality.
• He innovated a lot and didn't just be the same.
• He did a lot of heavy marketing to get the word out.
• He made it deliver internationally to get more money.
What was their biggest
challenge in order to become
super successful?
• He experienced big financial troubles at first.
• He had to make his company stand out due to the fact that
there was a lot of competition at the time.
• He had to figure out how to switch from making
caramel to making chocolate.
Who were their biggest
competitors?
• Nestle
• Mars
• Cadbury
• Ferrero
• Lindt & Sprüngli
How did they treat
their employees?
• He gave fair wages.
• He valued employee contribution.
• He established a school for his employees to learn.
• He built a town for his employees.
What was their level of
success?
• He got a lot of money.
• He achieved brand recognition where now
everyone knows what Hershey is.
• He expanded all around the globe.
What was their legacy? What
did they leave behind?
• He left behind a legacy of someone who cared about his
employees.
• He has a legacy of being charitable.
• He left behind the school and town of Hershey in Pennsylvania.
Was your Captain of Industry a
positive influencer on the country?
Why?
Milton Hershey was definitely a positive influence on the country. He was one of the
only bosses that was fair to their employees, he made a town for his employees, and
his chocolate has caused tons of happiness over the years.
Thank You