He received an accounting degree from Babson College in Wellesley, Massachusetts and worked as an accountant before joining the small pharmaceutical firm started by his father. When the company was bought by Daylin, Inc., Blank became an executive at a Daylin drugstore unit. He then moved over to the Handy Dan Improvement Centers, a division of Daylin, where he met Bernard Marcus. In 1980, the stores were profitable and the company went public in 1981. Home Depot was named Fortune magazine's Most Admired Retailer for 5 consecutive years.
Entrepreneurs make unique contributions to the American economy.
Using innovations to grow their businesses, they provide concrete benefits to the national bottom line. These benefits provide an interesting framework in which to view these companies. Home Depot requires that its new employees undergo comprehensive training to insure that they can provide customers with knowledgeable service. They do not hire anyone at minimum wage in order to insure that they get the very best employees who feel a deep sense of company loyalty. Home Depot offers stock options to all employees.