You can resist it, ignore it, or embrace it...but change is inevitable
Change is inevitable. You can resist it, ignore it, or embrace it. Though the impact of each approach is drastically different, the choice is ultimately yours.
In 1839, after making his way from Baltimore to Cincinnati and then eventually to St. Louis, German immigrant Nicholas Schaeffer settled down and started N. Schaeffer & Co. (Schaeffer Manufacturing Co.), now one of the oldest firms in St. Louis, MO.
Over the next 40 years, Schaeffer Manufacturing Co. grew exponentially. Focused on manufacturing soaps, candles, and lubricants, they grew to become the largest soap and candle manufacturer west of the Mississippi. But the world was quickly changing.
The next several decades brought the emergence of grocery stores selling mass-produced, individually wrapped floating soap, and the widespread adoption of the electric light that began to eat away at Schaeffer’s market share. By the depression, Schaeffer Manufacturing Co. had become just a shadow of its former self.
20 years before the oil business in the United States, Schaeffer Manufacturing Co. was producing lubricants from animal fats. As the US oil business emerged, they shifted away from animal fat-based lubricants towards oil-based lubricants. Now, as heavy machinery became more prevalent, so did the need for heavier oil-based greases and lubricants that could hold up against the increasing equipment stresses. Schaeffer Manufacturing Co. was in a perfect position to make a pivot...and that’s exactly what they did.
"To awaken your genius, the first step is to relearn. And to do that, you have to first
unlearn, or discard that which no longer suits you.”
Ozan Varol
Following WWII, Schaeffer Manufacturing Co. pivoted its focus away from soaps and candles and towards it’s lubricant business, something that previously made up only 20% of it’s revenue. This change created an opportunity to return their business to growth, and the results speak for themselves. In the decades following the change, the company that had nearly gone under during the Great Depression saw revenue increase to ~$15M by 1982, ~$100M by 2010, and ~$150M by 2017.
What can we learn from Schaeffer’s journey that we can apply to our own lives and businesses?
- What Got You Here, Won’t Get You There. As Marshall Goldsmith shared in his book of the same title, our previous path and success DO NOT dictate our future path and success. Keep an open mind, look for opportunities, make the most of them when they’re present, and don’t be afraid to make a bet on something new or different.
- We can’t predict the future, so we must take a couple of steps forward and be open to what comes. In Awaken Your Genius, Ozan Varol says, “To awaken your genius, the first step is to relearn. And to do that, you have to first unlearn, or discard that which no longer suits you.” While we can't predict what will happen next, we can commit to being curious and continually learning.
- Change is inevitable; we get to choose how we deal with it.
- We can resist it, in which case we hold tightly to what created our original success and actively fight off anything different. This preserves what was but risks what could be.
- We can ignore it, in which case we hope the change will just go away. This neither protects what was nor puts up a fight for what could be. In fact, this risks losing both.
- We can embrace it, in which case a new opportunity is always just around the corner. As with Schaeffer, this doesn’t necessarily mean we lose everything that got us here. It does mean that we’re open to how we can leverage our knowledge and skills towards something new. It allows us to actively participate in the writing of our future stories.
The choice is yours. How will you approach change the next time you encounter it face-to-face?






