This timeline explores the financial aspects of Josephine Cochrane's life, from early wealth to business ventures.
Middle-Class Background
Prior to Marriage
Josephine Garis came from a middle-class background. While not impoverished, she didn't initially have significant personal wealth.
Affluent Lifestyle
After Marriage
Her marriage to William Cochrane brought her into a wealthier social circle, allowing her to enjoy an affluent lifestyle.
Financial Strain and Debt
Post-William's Death
After William's death, Josephine faced financial challenges and debt. This situation motivated her to pursue her invention as a means to secure her financial stability.
Investment and Revenue
During Business
Starting and running the Garis-Cochrane Manufacturing Company required significant investment. As sales grew, the company generated revenue, providing Josephine with financial independence.
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