experience Issue 3 (2025-3)

What were the milestones for William Colgate, a freshly built businessman in New York?

#entrepreneurship_alsomatters #WilliamColgate

5 min read
What were the milestones for William Colgate, a freshly built businessman in New York?

This is a story of how what seems to be a dead end can once become a promising start. This is a story about bravery, honesty, and dedication which are awarded with recognition and remembrance, including a university named after the family name. This is a story which started more than 200 years ago and is still ongoing.

Below we share William Colgate’s approaches to business management which were forming from his arrival to the United States till him becoming one of the leading manufacturers in the country. Hopefully, they would help to make today’s business (and not only!) communities even better.

Encouragement

The Colgates left their cherished home with tears and in a hurry. They would never do it if not for William’s father who could be arrested at any time for his political views. The escape journey took about two months and in May 1795 the family found themselves 40 minutes away from the centre of Baltimore in the USA. William was 12 at the moment.