The malbon story should be a business school case study.
Whether you like their clothes or not, they’ve built an upstartl from nothing into a powerhouse golf-adjacent lifestyle brand.
Use of social + leveraging Tour players to drive massive organic reach as they’ve scaled.
Interesting to watch.
@ShamsCharania Sad to see a young man tie himself down to a job where he’s told when to show up and what to do. Could make double this by being his own boss and building a business.
The single richest man in America personally bankrolled the Revolution, kept Washington's army alive with his own money, and then died broke in a debtors' prison. The man who funded the country got thrown in jail for being poor. Meet Robert Morris.
If the United States has a financial founding father, it's this guy, and almost nobody knows his name.
He was born in Liverpool, England, in 1734 and came to America as a 13 year old boy. He got into the shipping business in Philadelphia and was so good at it that by 1775 he was likely the wealthiest man in all of the colonies. Ships, trade, credit, money moving everywhere. He was the money.
Here's the wild part. At first he didn't even want to declare independence. He thought it was premature and voted against rushing into it. But once the decision was made, he didn't hedge. He signed the Declaration of Independence and threw his entire fortune behind the cause.
And thank God he did, because the young country was flat broke. The army was starving, unpaid, falling apart. So Morris did something almost nobody would do. He used his own personal credit and his own personal cash to keep the war going. When Washington needed money to march on Yorktown for the campaign that basically won the war, Morris helped raise it, at times pledging his own name and fortune to cover it. He became known as the Financier of the Revolution, and it's not an exaggeration. He kept the lights on.
He's also one of only two men to sign all three of America's founding documents, the Declaration of Independence, the Articles of Confederation, and the Constitution. When Washington offered to make him the very first Treasury Secretary, Morris turned it down and pointed him to a young Alexander Hamilton instead.
Now the tragedy. After the war, Morris poured everything into massive land speculation, betting enormous sums on the future of the country. The bets went bad. Spectacularly bad. He ended up owing something like three million dollars, a genuinely staggering fortune for the time.
And so, in 1798, the man who had personally financed American independence was locked in a debtors' prison in Philadelphia. He sat in that cell for years. The Financier of the Revolution, penniless, behind bars, while the country he'd funded moved on without him.
He finally got out around 1801, aided by a new bankruptcy law, and lived quietly and broke until his death in 1806.
A man who was richer than anyone, gave it to a nation, and died with nothing.
Robert Morris. He bought America's freedom and went bankrupt doing it.
Does Philadelphia have a case for best golf city in the United States? Within a 20-mile radius:
• Merion
• Aronimink
• Pine Valley
• Gulph Mills
• Rolling Green
• Huntingdon Valley
• Philadelphia Cricket Club
• Philadelphia Country Club