William Colgate
is an English businessman who founded the manufacturing company that would
produce the Colgate
toothpaste in 1806.
William was born
on January 25, 1783 in Kent, England. His father, Robert, had republican
inclinations which compelled him to move his family in Baltimore, Maryland in
March 1798. Robert and his friend Ralph Maher formed a partnership that
produces soap and candles. William helped the business until it was dissolved
two years after its founding.
William first
arrived in New York City in 1804 as an apprentice to a soap manufacturer. He
learned the business very quick. He noted some mismanagement practices done by
his employer. When his apprenticeship was over, he has already developed a
correspondence network with local dealers that would assure his success in
business.
Soon, William
established the William Colgate and Company. Within the company’s first six
years of operations, it has diversified into a multi-faceted manufacturing
company that produces hand soap, shaving soap, toilet products and starch.
William was a
devout Christian. He was committed to make God as a partner in his business. He
was faithful in giving back ten percent of his profits as his tithe, on top of
offerings and first fruits. In just a few years, William became one of the most
successful entrepreneurs in New York City.
William was
actively involved in civic affairs. He gave large contributions of money to
educational institutions including what was known then as Madison College.
Today, this school is known as Colgate University.
Because of his
passion to share God’s Word, William helped to organize the American Bible Society
and the American and Foreign Bible Society. He was also a member of the board
of the American Tract Society aside from his active support to the work of
missions. His colleagues in the ministry called him “Deacon Colgate”.
As his business
kept growing, his giving to the work of God continued to enlarge as well. From
giving back the tithe, his giving later increased to 20%, then 30%.
Today,
Colgate-Palmolive is listed in the Fortune 500 and remains as one of the
largest companies in the world. Its annual worldwide sales are reported at $9
billion. Its operations are spread to 221 countries around the world.
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