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A 221-year-old Company Illustrates the Role of Flexibility in Success - Neatorama

The business world loves to tell how the invention of the automobile wiped out the carriage making business. Yet the coachbuilder D’Ieteren is still thriving 221 years after its founding. It's made the D’Ieteren family the richest in Belgium today, although they no longer make carriages. Instead, each generation has learned to pivot from one business to another by leveraging the craftsmanship they already knew. D’Ieteren went from carriages to building auto bodies to importing cars to a...