Amway/Quixtar's Randy Haugen – Business History Fact

It is always fun to learn the history of different terms we hear often like this one and know where it came from...

This fascinating business term has its roots nearly a century ago. – Randy Haugen

Randy Haugen Business History

The famous of the nation are still honored in New York by ticker tape parades. The time of real ticker tape is long gone. Wall Street operates electronically.

The first Ticker tape parade was first used in a parade to welcome the Prince of Wales to New York City in 1919. In those days Rolls of paper were used to record stock trades. As the paper rolled over pins that punched stock information read by stock brokers, it would leave holes. When a parade was organized, the shredded paper strips tape was scooped up and thrown out of windows on the parade passing below their windows.

As ticker tape became obsolete as new investing tools became available, it was replaced by a new product - confetti.

Randy Haugen and Valorie Haugan are members of IBOAI

IBOAI, the IBO official trade association of Quixtar Ibo’s, serves and protects the business interests of independent business owners. Association leadership includes Jim Janz, Randy Haugen Brad Duncan, Don Wilson, Billy Florence, Jody Victor.

Don Wilson leads legacy business group.

© 2007 RANDY HAUGAN. Reprint permission given to Don Wilson Quixtar IBO site.