The Journey of a Chocolate Bar

[vc_row][vc_column][vc_column_text](Lessons From The Life Of Milton S. Hershey) 

Hershey Chocolate Company is the 5th largest producing candy company in the world and the largest producer of quality chocolate in North America.  The Hershey Company has operations throughout the world and approximately 14,000 employees with revenues of more than $6.6 billion and offers confectionery products under more than 80 brand names.

However, the journey of this chocolate factory started with the determination of one man; Milton Hershey.  At the age of 18, he started his first candy manufacturing company as a small business in Philadelphia.  By the age of 30, his candy business had failed two times, but he did not give up. He went on to learn a new recipe for making caramel and with a loan from a local bank supporting small and medium scale enterprises, Hershey started another small business in Lancaster and this time he succeeded.

In four years, Milton’s caramel company had started shipping all over the US and Europe, employing 1,400 people as he became one of the leading manufacturers of caramel across the region.  He went on to discover a new recipe for manufacturing milk chocolate, which has become the hallmark of all Hershey Chocolates.

In our quest for Timeless Wealth, we must remember that knowledge once gotten remains yours forever except when or if you decide to discard it.

What was his legacy?

Even in his death, the Hershey Company continues the legacy of its founder; improving the lives of people.  His school: Milton Hershey School for orphaned children amongst other philanthropic acts have outlived him.

Also, the Company launched a program for farmers called the Hershey Learn to Grow program. Its aim is to provide cocoa farmers with advanced training in order to improve the quality of their cocoa, while doubling productivity and increasing farming income by 30%.  Last year, 20,000 Nigerian farmers benefited from this scheme.

People whose legacies have outlived them are not those who kept their wealth to themselves, but those who invested in the lives of other people.[/vc_column_text][/vc_column][/vc_row]

Akinola George-Taylor, Managing Director of Heritage Bank Plc, and his Team, paid courtesy visit yesterday to the Governor of Lagos, Babajide Olusola Sanwo-Olu, at the State House, Alausa yesterday.

The Managing Director of Heritage Bank, Akinola George-Taylor has disclosed that the bank would continue to increase the wallet of its business transactions with Lagos state government.  

He gave this assurance yesterday when he led a team of the bank on a courtesy visit to the Governor, Babajide Sanwo-Olu at the government house, Alausa, Ikeja.

George-Taylor commended Sanwo-Olu’s administration, whilst aligning with the great works in Lagos State.

“We are here to introduce ourselves as the new management of the Heritage Bank and being that we have had a relationship with the state (Lagos) for a number of years now, we felt it was necessary to come and present ourselves to the Governor; to say thanks for the business that we enjoyed with the government and that we align and commend the great work he is doing for Lagos State.

“And of course, as bankers, we want to try and increase our own size of the wallet of the business that we do with the government and to extend our best wishes to him and his government. It was a courtesy call to say thank you and wish him well in the next coming elections,” he said.

Speaking earlier, the Governor, Sanwo-Olu said his administration was poised to do more as it continued to play its roles in providing an enabling environment, improving the ease of doing business and being forward-looking in its dealings with financial institutions.

The governor also said that his administration will continue to ensure a mutually beneficial relationship with financial institutions in the State.

He said: “Lagos is the Centre of Excellence and the commercial, economic nerve centre, so we cannot but ensure that we have a very forward-looking mutually beneficial relationship with all of our financial institutions and of course, Heritage Bank is not an exception.

“I want to implore you and your team to be intentional and think something fresh; think something different that can indeed stimulate us. You can rest assured that we know how important it is to spread our businesses and to ensure that everybody gets a part of it knowing that you and your staff will also have a corporate responsibility on the Personal Income Tax component. It is expected that we will continue to play our roles and play our parts.”

Governor Sanwo-Olu congratulated the Managing Director and his new team on the huge and great responsibilities that shareholders and other stakeholders in Heritage Bank have reposed in them,” he said.