______________________________________________________________________________________ MSC
Industrial Supply
Success story
“ My grandfather initially worked for a hardware store , delivering supplies to machining shops , which was when he recognized a gap in the market for cutting tools . Determined to succeed , he borrowed his mother ’ s life savings to start a business by purchasing surplus World War II inventory and reselling it around the New York City area . No sooner had he started , than he was drafted to serve in the war and left his mother in charge of the storefront .
“ He continued to build the business upon his return , later moving out to the suburbs on Long Island , which is when MSC really started to take hold ,” Erik narrates . “ The rest is history , as they say , and today the business turns over roughly $ 4 billion per year . What ’ s interesting to me about our heritage is that Sid was not a formally educated man , but rather a visionary with a real passion and determination to succeed .
Meeting market needs
“ There were three ideals upon which Sid founded the business – connection , growth , and reinvention ,” he states . “ Sid believed that a business leader should be connected to their employees , or associates as we call them , customers , and suppliers . They should also appreciate the importance of growth , but he prioritized the ability to reinvent , or in other words , transform the company
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