The Hundred Percent Club | #tbt

In 1925, IBM president Thomas J. Watson decided to honor the salesmen of his company who exceeded their sales goals by inducting them into what he called “The Hundred Percent Club”. The club’s first convention was held in Atlantic City, N.J and then at New York City’s famous Waldorf Astoria hotel until 1939. In 1940, the group’s size exceeded the hotel’s capacity and Watson decided to move the meeting to the hills above his plants in Endicott, NY. This 1948 photo shows the entrance to what became known as “tent city” where over 400 two-man tents equipped with telephones, electricity and baths were erected to house the honored salesmen.