Warren Buffett on Rose Blumkin (Mrs. B) owner of Nebraska Furniture Mart

@businessblurb

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SoundTikTok sound · memories143 (.diedlonely remix)

Promoted product

Nebraska Furniture Mart

Why it worked

The video leverages the credibility of Warren Buffett to share an inspiring story of entrepreneurial resilience and success, making it highly relatable and shareable for business-minded audiences.

Summary

Warren Buffett recounts how Rose Blumkin, owner of Nebraska Furniture Mart, was a formidable businesswoman who built a highly successful retail furniture store. Despite facing boycotts and initial loan rejections, she persevered and eventually sold a majority share of her company for $55 million.

Structure

1Buffett's hypothetical business choices
2Mrs. B's business success and sales figures
3Mrs. B's business philosophy and resilience
4The initial resistance she faced
5Her eventual sale of the company

Product placement

Nebraska Furniture Mart (ACTS - it is the business being discussed and its sales figures are given; removing it would change the video's topic) NFL (APPEARS - mentioned as an analogy for draft picks; removing it would not change the video's core message) Fortune 500 (APPEARS - mentioned as a source of CEOs for comparison; removing it would not change the video's core message)

On-screen text

Original caption

Mrs. B was as cut-throat as they come 😂 #warrenbuffet #entrepreneur #business #money #furniture

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Warren Buffett on Rose Blumkin (Mrs. B) owner of Nebraska Furniture Mart IF I COULD START A BUSINESS WARREN BUFFET FIRST DRAFT PICK, NFL OF THE 25 OF THE TOP OF THE TOP THE COUNTRY AND THE 25 PICKS FROM THE TOP CEOS OF THE FORTUNE 500 OR I COULD TO RUN THE I TAKE MRS B THERE AREN'T ANY THE LARGEST, THE MOST SUCCESSFUL RETAIL FURNITURE STORE IN THE COUNTRY SALES LAST YEAR ALONE WERE OVER $125 MILLION I'M THE BEST OPERATOR NOT THAT I'M BRAGGING IN THE COUNTRY WITH COMMON SENSE I DON'T KNOW EDUCATION, BOOKS, PERCENTAGE I USE THE OLD FASHIONED WAY TELL THE TRUTH, BUY RIGHT, SELL CHEAP BUYING CHEAP AND SELLING CHEAP DID NOT ENDEAR NEBRASKA BUSINESSMEN THEY BOYCOTTED HER FOR DECADES AND SO DID THEIR SUPPLIERS AND THEIR BANKERS I SELL TOO CHEAP THE BANK, LOAN HUNDRED DOLLARS. THEY WOULDN'T CHEAP SO I GOT ROSE BLUMKIN MAD AND I ROSE BLUMKIN THE REST OF YOUR LIFE FOR 75 DOLLAR A WEEK AND MY KIDS WILL SURELY HAVE THE GARAGE HOW DO YOU PEOPLE WHO DIDN'T SELL TO YOU IN THE BEGINNING? IT. ANYBODY THAT DOES YOU SHOULD NEVER FORGIVE AND FORGET. SHE NOT ONLY GOT EVEN, SHE GOT RICH IN 1983, SHE SOLD A 90% SHARE IN HER THE BUYER THE PRICE $55 MILLION

Transcript

IF I COULD START A BUSINESS WARREN BUFFET FIRST DRAFT PICK, NFL OF THE 25 OF THE TOP OF THE TOP THE COUNTRY AND THE 25 PICKS FROM THE TOP CEOS OF THE FORTUNE 500 OR I COULD TO RUN THE I TAKE MRS B THERE AREN'T ANY THE LARGEST, THE MOST SUCCESSFUL RETAIL FURNITURE STORE IN THE COUNTRY SALES LAST YEAR ALONE WERE OVER $125 MILLION I'M THE BEST OPERATOR NOT THAT I'M BRAGGING IN THE COUNTRY WITH COMMON SENSE I DON'T KNOW EDUCATION, BOOKS, PERCENTAGE I USE THE OLD FASHIONED WAY TELL THE TRUTH, BUY RIGHT, SELL CHEAP BUYING CHEAP AND SELLING CHEAP DID NOT ENDEAR NEBRASKA BUSINESSMEN THEY BOYCOTTED HER FOR DECADES AND SO DID THEIR SUPPLIERS AND THEIR BANKERS I SELL TOO CHEAP THE BANK, LOAN HUNDRED DOLLARS. THEY WOULDN'T CHEAP SO I GOT ROSE BLUMKIN MAD AND I ROSE BLUMKIN THE REST OF YOUR LIFE FOR 75 DOLLAR A WEEK AND MY KIDS WILL SURELY HAVE THE GARAGE HOW DO YOU PEOPLE WHO DIDN'T SELL TO YOU IN THE BEGINNING? IT. ANYBODY THAT DOES YOU SHOULD NEVER FORGIVE AND FORGET. SHE NOT ONLY GOT EVEN, SHE GOT RICH IN 1983, SHE SOLD A 90% SHARE IN HER THE BUYER THE PRICE $55 MILLION