
HAPPY NEW YEAR & BEST WISHES TO YOU ALL.
As you all recover from the festivities of seeing out the old, and pondering whether or not your new year resolutions are maintainable, I thought it might be a good idea to write something about the subliminal idea that a new year is a clean slate.
For many people in business, ask what the first week of the year means to them and they’ll almost certainly respond with “January Sales”. This annual phenomena is supposed to handle two dilemmas of the retailing industry - clearing the last season’s remaining stock, and boosting sales in what is otherwise a low point in the retail calendar. Yet for almost everyone in business, it should be a lot more than that.
The psychological boost of a new year should be a time to shrug off old thinking and plan for the next twelve months. Examining last year’s market data and innovation trends can open opportunities and new directions for the forthcoming campaigns. For retailers there are a rapid sequence of events to profit from - Scotland’s Burn’s Night, Chinese New Year, Valentine’s Day, Easter, and the Spring season. For manufacturers, recognition that many employees will have overspent for Christmas gifts should be a nudge that extra working hours (overtime) will be welcomed and accepted more eagerly. Hospitality and Tourism businesses may be in the full flow of taking bookings for summer, as should wedding related businesses, but this week may be the time to give staff a quick break before the workload increases.
For business owners, with the pressures of the holiday season gone, now is the time to research your industry and look for new ideas, markets, suppliers, and partners. Here are some such events and landmarks from history …..
1st January - New Year’s Day in today’s Gregorian Calendar
This week in history - effects on business and innovation
The Julian calendar, which was created in BC 45, preceded today’s Gregorian one, and was adopted around Europe between 1522 & 1578. The Gregorian calendar was created in 1582, but Britain and it’s dependant American colonies retained the Julian one until 1752 causing plenty of confusion to historians. Scotland only adopted the Julian calendar in AD1600.
The Gregorian calendar as promulgated in 1582 did not specify that January 1st was to be either New Year’s Day or the first day of its numbered year. Back then, England began its numbered year on March 25 (Lady Day) between the thirteenth century and 1752, January 1 was called New Year’s Day, which was a holiday when gifts were exchanged. In this respect (the start of the numbered year being close to Easter) it held similar alignment to the traditional Buddhist New Year.
Birthdays of famous business people & innovators
- AD 1643 - Sir Isaac Newton, English mathematician & natural philosopher (d. 1727)
- AD 1727 - James Wolfe, British general (d. 1759)
- AD 1745 - Étienne Montgolfier, French inventor (d. 1799)
- AD 1813 - Isaac Pitman, British inventor (Pitman shorthand) (d. 1897)
- AD 1863 - Pierre de Coubertin, French Olympic Games initiator (d. 1937)
- AD 1888 - John Garand, American inventor (d. 1974)
- AD 1892 - J.R.R. Tolkien, British author of The Lord of the Rings Trilogy.
- AD 1895 - J. Edgar Hoover, American FBI director (d. 1972)
Business Moments - lost, noted, or seized
- AD1660 - Samuel Pepys began keeping his diary.
- AD 1800 - Dutch East India Company ceased to exist.
- AD 1882 - John D. Rockefeller unites his oil holdings into the Standard Oil trust.
- AD 1919 - Edsel Ford succeeded his father, Henry Ford, as president of the Ford Motor Company.
- AD 1942 - Pan American Airlines becomes the first commercial airline to have a flight go around the world.
- AD 1946 - The first civil flight from London’s Heathrow Airport occurs.
- AD 1974 - Richard Nixon signs a bill lowering the maximum US speed limit to 55 MPH in order to conserve gasoline during an OPEC embargo.

Deaths of famous and not so famous people
- AD 404 - Last known Gladiator competition in Rome.
- AD 1748 - Johann Bernoulli, Swiss mathematician (b. 1667)
- AD 1795 - Josiah Wedgwood, English potter (b. 1730)
- AD 1852 - Louis Braille, French teacher of the blind (b. 1809)
- AD 1877 - Cornelius Vanderbilt, American entrepreneur (b. 1794)
- AD 1894 - Heinrich Rudolf Hertz, German physicist (b. 1857)
- AD 1992 - Grace Hopper, American computer pioneer (b. 1906)
- AD 2007 - Momofuku Ando, inventor of instant noodles and cup noodles (b. 1910)
Discoveries that changed the world
- AD 1493 - Christopher Columbus leaves the New World, ending his first journey.
- AD 1896 - An Austrian newspaper reported that Wilhelm Roentgen discovered a type of radiation later known as X-rays.
- AD 1927 - The American astronomer Edwin Hubble announces the discovery of galaxies outside the Milky Way.
- AD 1930 - The first diesel-engine automobile trip is completed (Indianapolis, Indiana, to New York City).

Ideas that opened new industries
- AD1772 - First Travellers’ cheques (valid in 90 European cities) go on sale in London.
- AD 1818 - Mary Shelley’s novel Frankenstein, or The Modern Prometheus is published. Believed by some to be the birth of the Science Fiction age.
- AD 1871 - Henry W. Bradley patents oleomargarine.
- AD 1888 - Marvin C. Stone patents the drinking straw.
New Market & Opportunity Discoveries
- AD 1673 - First regular postal mail deliveries between Europe and America.
- AD 1788 - First edition of The Times of London, previously The Daily Universal Register, is published.
- AD 1801 - Legislative union of Kingdom of Great Britain and Kingdom of Ireland is completed to form the United Kingdom of Great Britain and Ireland.
- AD 1865 - The New York Stock Exchange opens its first permanent headquarters at 10-12 Broad near Wall Street in New York City.
- AD 1877 - Queen Victoria of England proclaimed Empress of India.
- AD 1900 - John Hay announces the Open Door Policy to promote trade with China.
- AD 1901 - The British colonies of New South Wales, Queensland, Victoria, South Australia, Tasmania and Western Australia federate as the Commonwealth of Australia.
- AD 1958 - The European Community is established.
- AD 1993 - A single market within the European Community (EC) is introduced.
- AD 1994 - Not to be outdone by the EC, The North American Free Trade Agreement (NAFTA) comes into effect., and the EC reciprocates with the European Economic Area (EEA). The International Tropical Timber Agreement also comes into effect.
- AD 1995 - The World Trade Organization (WTO) comes into effect.
- AD 1998 - The European Central Bank is established.
- AD 1999 - The Euro currency is introduced.
- AD 2002 - Euro banknotes and coins become legal tender in twelve of the European Union’s member states.
- AD 2008 - SEPA (Single Euro Payments Area) due to come into effect

Start-up businesses that became famous
- AD 1907 - Maria Montessori opens her first school and daycare center for working class children in Rome.
- AD 1939 - William Hewlett and David Packard found Hewlett-Packard.
- AD 1977 - Apple Computer incorporated.

Technology inventions
- AD 1496 - Leonardo da Vinci unsuccessfully tests a flying machine.
- AD 1838 - Samuel Morse first successfully tested the electrical telegraph.
- AD 1847 - Samuel Colt sells his first revolver pistol to the United States government.
- AD 1890 - First use of football (soccer) goal nets in England.
- AD 1937 - Safety glass in windshields became mandatory in Great Britain.
- AD 1959 - The first artificial satellite to orbit the moon, Luna 1, is launched by the U.S.S.R.
- AD 1970 - Unix time begins.
- AD 1983 - The ARPANET officially changes to using the Internet Protocol, creating the Internet.
- AD 1985 - The Internet’s Domain Name System is created.
- AD 1985 - The first British mobile phone call is made by comedian Ernie Wise to Vodafone.
- AD 2004 - Spirit, a NASA Mars Rover, lands successfully on Mars at 04:35 UTC.
Just a few of the momentous events that can happen in a week when you might be thinking of free-wheeling your business along, waiting for trade to pick up. Events like the trade-bloc politics can sneak up on you if you don’t use this time to look at the opportunities and threats coming your way. Technological change can leave you behind the competition if you don’t know where it’s going, and plan accordingly. It could also wipe out your innovation if the spin-offs from the Mars missions come at anything like the pace that they came from the Apollo series.
Will you be the next Montessori, Hewlett-Packard, or Apple? What aboutthe next Anita Broderick or Richard Branson, Vanderbilt, or Wedgewood? One thing’s for sure, nursing a hangover won’t get you there … unless you use the time to do some research
.
Happy New Year everyone - I hope it’s as successful and profitable as your efforts deserve.
Ed