1980s - ROSE BLUMKIN - Omaha's Nebraska Furniture Mart - Mrs. B.

[@VectraQS]

When Buffett bought the Furniture Mart, he thought that Blumkin would retire, and didn't put a non-compete clause in the sale contract. Boy, was he ever wrong. At that point, Mrs. B. started Mrs. B.'s Factory Clearance Outlet, which is just to the east of the big Mart warehouse. So then Buffett came back to add her new store to the Mart family, and this time he put a non-compete clause in the contract. She was absolutely unstoppable.

[@marioalll]

I think that Buffett wanted Mrs B to continue in the business when he bought NFM. Then, Mrs. B had was in trouble with her family to conduct the store; after that, she started a new business near NFM, and she was selling so fuckin well!!!!!!; she is amazing!!!!...the only serious competitor to NFM was precisely her!!, that is why Buffett decided to sign a non-compete clause as an amendment. Actually, Buffett ended up buying the new business started by Mrs.B….Buffett was right!, all Young people instead of spending their time studying CEOs of great corporations, they could study and learn a lot more from Mrs B...

[@alphaspecimen]

Buffet said I would rather Wrestle a grizzly then to compete with her!😂😵

[@jonathanhuang2955]

Mrs B was adorable 😂 She could kick any man in the X, including Mr. Buffett. Oops

[@chucklambooy8457]

Not sure where you got your information, he bought into the business but there was no non compete clause. He (Buffett) knew there wouldn’t be any problems and there still are no problems!

[@paddythemcdaddy1234]

I’m completely fascinated by this woman she’s an absolute legend R.I.P MRS B.

[@chucklambooy8457]

I was very lucky to have known Mrs B for many years. Also purchased a lot of furniture there

[@victorblock3421]

I wish I knew about her back then. I would've travelled there just to see her.

[@nicholas8722]

How old were you when you knew her? I'm afraid she passed away a few years before I was even born.

[@TinaSATX]

​@nicholas8722 I was 8 years old myself, when this news reel was shown on 20/20. That was 1980. And I never forget got.

[@EdiSaFukeratMo]

Damn, she is tenacious! I am glad they paired together!

[@adamlippert7126]

I remember Mrs. B when my parents were shopping for furniture. Good days, RIP father, get well soon mother.

[@Johanna-in6yg]

“How can you give advice, it’s in you, God blessed me, I have a talent everything I do I make money”

[@nicolasmckieran5187]

Indeed, this woman was an absolute legend. R.I.P Mrs B

[@christopherh5672]

70 hrs a week 7 days and 3 night haaaa she’s the Best. Missed nothing like a Hawk at 93. Legend

[@vikram2007gem]

hats off to Mrs B !!

[@JimMalmPHOTO]

Buffett bought it for $60 million. Shortly afterward Berkshire auditors stated the value $85 million.

[@kingkang6877]

Yes but even he didn't know the exact figures before he purchased

[@svanderheijden7967]

Auditors don’t value intrinsic value. Just the books.

[@Arun-sp8vl]

The dislikes are probably are from the Bank guys who rejected her for Loan.

[@ladena0]

😂

[@nunyabiz6925]

I love Mrs.B. My family used to shop there in the late 1970s❤

[@alphaspecimen]

Buffet said I would rather Wrestle a grizzly then to compete with her! 😂😵

[@LordTrayus]

Funny story about this. After Warren Buffet bought her Nebraska Furniture Mart, she retired for all of 4 months at 95 years old. Then she got bored, realized Buffet never made her sign a noncompete clause, and came out of retirement and started a competitor store right across the street from NFM, which became so successful that Buffet ended up buying that one from her too just 3 years later!

[@musicom67]

She ran out of lifetime to start her next business...

[@LordTrayus]

@@musicom67Not sure if this is a serious comment. Look it up. Her second business was called "Mrs. B's Clearance and Factory Outlet." When Buffet bought it, it merged with NFM.

[@sillyhead5]

It's been 25 years since she died and she remains to this day the greatest retailer of all time.

[@hideff4982]

I want a movie about her ❤

[@florida995]

I 100% believe what she said. Advice won’t make your business thrive. Just like true leadership. You got it or you don’t.

[@pepepantuflas1]

She invented the blumkin

[@jimmyconway294]

And it will be her legacy till the ends of time.

[@David_Philologos]

"Christmas in July at Nebraska Furniture Mart!"

[@waynetubetv5370]

Ms B sold me a Cadillac

[@lyekahkit9366]

But it is still a mammoth task to find honest top executives pertaining to management especially,so Mr Warren actually did find a rare one and a female at the very least

[@kaykay-il7cj]

What a lady ...did not know the language but knew how to sell furniture .I did not know the meaning of entrepreneur but know i know it .

[@richard3765]

Incredible. She was a machine!

[@williamgatesenson]

i can't believe she's still going strong at age 122

[@marciemcgowan63]

she died at the age of 104

[@nareshsaklecha]

I've not doubt if she lived for 122, you could spot her at the store. She lived and breathed NFM.

[@ALBERT3202]

she is 104 y.o. only ))

[@beltranesp]

Marcie McGowan bcvjghhh

[@pelopelo1982]

Vacation is a dirty word.

[@surajramban]

You're work is = God work ನಿಮ್ಮ ಕೆಲಸಕ್ಕೆ ನನ್ನ ಸಿರ ನಮಸ್ಕಾರಗಳು..

[@leaf4267]

She is absolutely Amazing.

[@youlaism]

she is not just good businesswoman in the point of sparing. She also did a brand from herself so people got attracted to her story and personality

[@marcusaurelius8686]

One of the best CEOs ever

[@maximusandersson2389]

May she rest in peace

[@believer7280]

She was a smart business woman, but....."anybody who does you dirty, you should never forgive and forget" ??? That's horrible advice that should be ignored.

[@ethanchamberlain134]

She gave me a blumpkin in the stores toilet, good memories

[@musicom67]

Hope she gave you a good deal on it!

[@erwindarwin4247]

legend mrs b

[@buzzevermore9309]

Warren buffets his eyebrow, but not the other one 🧐

[@jamesnoks1632]

I love Mrs B 😍

[@robertstory4163]

They need the spell Buffett’s name correctly. He’s an American treasure

[@FinancialFreedom4]

Here is a great video on Rose Blumkin (aka Mrs. B) that tells her life story! kzbin.info/www/bejne/r4i8i4h5is9jeK8

[@agostinolopresti6556]

Blumkin

[@johnnyringo5411]

never should of sold your company now its worth more than what it was bought for...

[@jtaco4101]

Shes been dead 20 years. Time lines matter in investing. Also, her children probably make more money on the 10% they still have than they would have had they kept 100%, given the level of investment Berkshire has put into the company. I recently went to the Nebraska Furniture Mart in Dallas, its a sight to see.

[@sef7833]

We Love You Mrs & Mrs 🅱️ Congratulations 💜 Mrs B, enjoy decorating your new tree house with Mr 🅱️ From, Jesus Christ & Heather Lynn 🕊️The Love Birds🦅 P.S. Nebraska Furniture Mart, a few months ago, it was us, we took that Xtra Large Lazy-Boy furniture set and it's in Mr & Mrs 🅱️'s Treehouse living room. 😉 The GOD'S

[@loosegoose5841]

This store is not the same place it was. Customers are faceless and disposable, much like their products.

[@musicom67]

Neither is life today, unlike then. Besides, it's good many remain faceless, trust me.

[@musicom67]

I'm from New York, so...

[@jrawlins5246]

What the hell is a Nebraska Furniture Mart? I'll stick to my San Francisco Restoration Hardware. Thank you.

[@musicom67]

I'm from NYC area, and I probably wouldn't say that to an Omahan? Nebraskan? Like I said - I'm from the East Coast :-) Like a HUGE Bob's Discount Furniture mixing it up with P.C. Richard...

[@jeffsbenningtonelkhornvall2207]

Check out the 900,000 sq ft Dallas location..largest furniture/appliance store in the nation. It won't be too many more years, NFM will be as well known as Ikea.

[@RedwoodGhost80]

Thug life!

[@Leonardo.BINGOLA]

These people are now rich, they are not followers like they used to be, they do not take care of themselves, the seats we bought for 1 year have not arrived and no one takes responsibility, it's a pity 👎🏻👎🏻👎🏻

[@EssaEssaz]

Total giga chad

[@justinbeghly1435]

Ha ha spelled his name wrong.

[@christophercurtis7634]

Too bad her own sons screwed her over. Kinda sad.

[@sharkattack8560]

👍

[@dcasignals]

Probably she would have loved conducting her business in bitcoin

[@amartinjoe]

there are "holes" in her story - sure she grew up poor - and she says banks never loaned her any money - well, she's a Jew - and in Omaha, there are rich Jews - Jews help each other - there's nothing wrong with that - but this story that she had nothing when she came to America and somehow built a hundred million dollar furniture store without the help of Jews is baloney to me.

[@tonywalton1052]

Could not stand her. She's dead now.

[@victorblock3421]

@Midnight Lightning Radio Not anymore. She put them out of business.

[@victorblock3421]

Everything is a conspiracy to Jew haters like yourself.

[@tomyao7884]

What you think people are gonna loan her money just because she's a jew? Oh please, if anything being an immigrant put her at a disadvantage because she'd be an outsider to the country and its people. But she still made it work and found suppliers even when the competition made the suppliers boycott her

[@agostinolopresti6556]

😂😂😂😂😂😂😂

[@TheEGames]

Hey agostino my bike got stuck in a tree please help

[@danbowley9376]

Her son made the NFM what it is not her.

[@daisyhoward5472]

Yah...sure he did.

[@briannawilliams7370]

daisy howard bullshit her sons and grandsons have ridden on her coat tails. If not for her they’d probably be raised in an orphanage back in Belarus and working in some Belarusian factory gulag for pennies 🇧🇾 Thank God for America land of the free and anyone can become rich and leave their millions to their mooching offspring

[@danaso2567]

Sure he did, in 1937.... and graciously allowed his mom to have full ownership. In fact she sold it because she did not want her family to fight over it, so she just distributed her own money to her family as she saw fit.

[@tonywalton1052]

She was annoying.

[@victorblock3421]

That's just your Jew Hatred talking.

[@Dave-ji1yp]

SHE IS A LEGEND. SHE SOLD ME A COUCH....👍👍