John R. Booth and Frederick Weyerhaeuser
A wise man once said, “The road to success runs uphill”. This quotation illuminates that the attainment of success is achievable but must be done with hard work and effort. This paper will shine light upon the similarities and differences between the two North American industrialists, John R. Booth and Frederick Weyerhaeuser and their triumph in the lumber industry. In order to effectively acknowledge their different paths towards an analogous form of success, one must gain knowledge on the process that each had to undergo. By analyzing their background, entrepreneurial characteristics alongside with their managerial styles will allow one to compare and contrast their success.
Firstly, one can interpret a dominant similarity in the upbringing of their success to have commenced during their early lives. Both Booth …show more content…
This is shown after Booth had gotten married and moved across the river to Ottawa, where he began to broaden his knowledge on lumber trade and water-power.9 After forming a contract to supply lumber and timber for the new Parliament Buildings, Booth introduced the idea of using horses for skidding logs to water. In using his innovative and creative ideas he steered to success by buying the Thompson’s large sawmill on Chaudière Island. His increase in lumber manufacturing led to Booth’s involvement in building and financing the Canada Atlantic Railway in 1879.10 These were a few of many ideas and actions that Booth took in order to grow and climb the ladder of success. Likewise, Weyerhaeuser also had the enthusiastic mindset to build on his success. Like Booth, he had moved to Coal Valley, Illinois where he became involved in lumber, coal and grain productions. By looking at the progress between the two, it is clear both have been eager and motivated towards growth and