Monday, December 2, 2013

American Entrepreneur Research

Hey I'm back with yet another Econ Assignment about an American Entrepreneur. I chose to do P.T Barnum, the circus mediator.


   03.01 American Entrepreneur
PT. Barnum
Phineas Taylor Barnum grew up in BethelConnecticut where in his early twenties became a small-business owner. Shortly after he founded a weekly newspaper, Barnum relocated to New York City in 1834. Here, his entertainment career took off with a variety group of singers called, Barnum's Grand Scientific and Musical Theater. With that on his hands he soon purchased the Scudder's American Museum, which he renamed after himself. Barnum used the museum as a platform to promote hoaxes and human curiosities. As the son of inn keeper, tailor and store-keeper Philo Barnum and second wife Irene Taylor, he was also the third great grandson of Thomas Barnum, the immigrant ancestor of the Barnum family in North America. His maternal grandfather Phineas Taylor was a Whig, legislator, landowner, justice of the peace, and lottery schemer, and he had a great influence on his favorite grandson. Barnum was adept at arithmetic but hated physical work due to his smallish size and his upbringings. He loved to use his mind over the minds of others. Phineas was actually part of not only the world’s history with his Circus but also a part of mine. P.T, if I am not mistaken, married one of my great, great… (Etc) aunts. Therefore he is not only important to many other families, but is a member of mine. He Harnessed his dream not long after hitting adulthood by leaving his hometown and left for the entertainment of millions of people. He never thought it would turnout like it did. He didn't think of how challenging it was going to be. He was working since twelve and started building up money and constant success throughout his years by Underestimating the roadblocks. He then joined forces with James A. Bailey and James L. Hutchinson and they soon became “P.T Barnum’s greatest show on Earth, And the Great London Circus, Sanger’s Royal British Menagerie and The Grand International Allied Shows United.” Eventually this name was simplified into, “Barnum and London Circus.”
The site I got my information from was www.ringling.com and my other source was my own family history.