2009-06-14 19:48:49
J.P. Morgan was an American financier and banker who was a dominant force during his time in the business world 1892 to 1913 (he was the CEO of JP Morgan and Co. from 1892 to 1913). His Strength Zone revolved around a deep understanding of business structures and management and he specialized in reorganizing businesses in order to return them to profitability. He was so good at saving troubled businesses that he got his own noun. Around 1905, the process of turning a firm around financially came to be known as Morganization according to the May, 2009 version of Conde Nast Portfolio magazine.
To this end he was involved with the purchase, reorganizing and restructuring of the following companies;
• Albany and Susquehanna Railroad
• New York, West Shore & Buffalo Railroad
• Philadelphia & Reading
• Chesapeake & Ohio
• Great Northern Railway
• Montezun line
• International Mercantile Marine Company
• United States Steel Corporation
• He was also credited with the formation of U.S. Steel which was the first billion-dollar company in the world with an authorized capitalization of $1.4 billion
Besides having a noun created in honor of his Strength Zone, Morgan was so good at what he did that he was asked to bail out the US Treasury twice, including in 1895 to the tune of $65M in exchange for government bonds!
So what are you going to do with your Strength Zone? Defining and living in your Strength Zone is critical to your success no matter what your role in life. There is no telling what you can accomplish if you follow this simple little Strength Zone strategy! Become so good at what you do that you get your own noun!
Tags: JP, Morgan, , business, , management, , strength, zone, , talents, , skills
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