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Nuts & Bolts Innovation: Bob Kierlin, Fastenal, and PlastiComp
http://innovationzealot.typepad.com/ innovationzealot/ 2008/ 05/ nuts-bolts-inno.htm...
I recently had the opportunity to meet a delightful, innovative and successful gentleman, Bob Kierlin, while participating in a Global Technology Conference at PlastiComp, in Winona, MN. Bob, an investor in PlastiComp, is a successful entrepreneur in his own right, was kind enough to join our group and tell us a little about his company, and innovative philosophy that made it the success it has become. Bob founded Fastenal, with the idea that small businesses might need a good, convenient source of nuts, bolts and other fasteners. He started the business with $37,000 in capital, with one store.
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