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Companies that Started with Less than $2000 Investment
By siliconindia
Nordstrom
A 16 year old boy left his home country of Sweden with just $5 in his pocket in 1887. He was unable to speak a word of English and his name was John W. Nordstrom. In 1901, he opened a shoe store with his friend Carl Wallin in downtown Seattle. From the beginning his business philosophy was based on exceptional service, selection, quality and value and in 1923 they added their second store. Today Nordstrom has grown from one shoe store to a multi-billion dollar retail empire.
