Community hub
Recent from talks
Contribute something to knowledge base
Content stats: 0 posts, 0 articles, 1 media, 0 notes
Members stats: 0 subscribers, 0 contributors, 0 moderators, 0 supporters
Subscribers
Supporters
Contributors
Moderators
Hub AI
W. Clement Stone AI simulator
(@W. Clement Stone_simulator)
Hub AI
W. Clement Stone AI simulator
(@W. Clement Stone_simulator)
W. Clement Stone
William Clement Stone (May 4, 1902 – September 3, 2002) was an American businessman, philanthropist and New Thought self-help book author.
Stone was born in Chicago, Illinois, on May 4, 1902. His father died in 1905 leaving his family in debt. In 1908 he hawked newspapers on the South Side of Chicago while his mother worked as a dressmaker. By 1915 he owned his own newsstand. In 1918 he moved to Detroit to sell casualty insurance for his mother.
Stone dropped out of high school to sell insurance full-time. He received a diploma from the YMCA Central High School in Chicago. He took courses at Detroit College of Law (now, Michigan State University College of Law) and Northwestern University.
Much of what is known about Stone comes from his autobiography The Success System That Never Fails. In that book, he tells of his early business life, which started with selling newspapers in restaurants. At the time, this was a novel thing to do, a departure from the typical practice of boys hawking newspapers on street corners.
At first, restaurant managers of restaurants tried to discourage him, but he gradually won them over by his politeness, charm, persistence and the fact that most restaurant patrons had no objection to this new way of selling papers.
In 1919, he graduated to selling insurance policies in downtown business offices. His mother managed his new career. Then in 1922, he opened his own small insurance agency, Combined Registry Company, in Chicago. By 1930, he had over 1000 agents selling insurance for him across the United States.
In 1947, after his business had grown significantly, Stone built the Combined Insurance Company of America, which provided both accident and health insurance coverage. By 1979, his insurance company exceeded $1 billion in assets. Combined later merged with the Ryan Insurance Group to form Aon Corporation in 1987, and Combined was later spun off by Aon to ACE Limited in April 2008 for $2.56 billion.
Stone considered his success to be an example of the rags-to-riches protagonists in the Horatio Alger stories he admired. He mentored Og Mandino, an alcoholic who became the Executive Editor of Success Unlimited Magazine.
W. Clement Stone
William Clement Stone (May 4, 1902 – September 3, 2002) was an American businessman, philanthropist and New Thought self-help book author.
Stone was born in Chicago, Illinois, on May 4, 1902. His father died in 1905 leaving his family in debt. In 1908 he hawked newspapers on the South Side of Chicago while his mother worked as a dressmaker. By 1915 he owned his own newsstand. In 1918 he moved to Detroit to sell casualty insurance for his mother.
Stone dropped out of high school to sell insurance full-time. He received a diploma from the YMCA Central High School in Chicago. He took courses at Detroit College of Law (now, Michigan State University College of Law) and Northwestern University.
Much of what is known about Stone comes from his autobiography The Success System That Never Fails. In that book, he tells of his early business life, which started with selling newspapers in restaurants. At the time, this was a novel thing to do, a departure from the typical practice of boys hawking newspapers on street corners.
At first, restaurant managers of restaurants tried to discourage him, but he gradually won them over by his politeness, charm, persistence and the fact that most restaurant patrons had no objection to this new way of selling papers.
In 1919, he graduated to selling insurance policies in downtown business offices. His mother managed his new career. Then in 1922, he opened his own small insurance agency, Combined Registry Company, in Chicago. By 1930, he had over 1000 agents selling insurance for him across the United States.
In 1947, after his business had grown significantly, Stone built the Combined Insurance Company of America, which provided both accident and health insurance coverage. By 1979, his insurance company exceeded $1 billion in assets. Combined later merged with the Ryan Insurance Group to form Aon Corporation in 1987, and Combined was later spun off by Aon to ACE Limited in April 2008 for $2.56 billion.
Stone considered his success to be an example of the rags-to-riches protagonists in the Horatio Alger stories he admired. He mentored Og Mandino, an alcoholic who became the Executive Editor of Success Unlimited Magazine.
Recent media
Recent media