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| Succession & Failure |
Failed 100 Year Plans
Daniel Gross
01/01/2004
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Founded in 1928 by Paul V. Galvin and his brother, Joseph, Motorola began life as the Galvin Manufacturing Corp., with total capital of $565. It was truly a family business; Paul’s wife, Lillian, was the secretary and treasurer. The Chicago-based brothers produced the first commercially successful car radio in 1930 (dubbed the Motorola), manufactured police radio systems, and made walkie-talkies an Army staple during World War II. The company went public in 1943.
 | | Robert Galvin (left) and Christopher Galvin (right) |
After an aborted attempt in 1946 to market a gas-
powered car heater, Paul Galvin declared the company "will now stick to electronics." The move proved wise. Motorola built its first television in 1947. Investments in research
established the company as an early leader in transistors and semiconductors.
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