Picture: 30 Jun 09
June 30th, 2009
Something I find extremely useful on the steps required to build a business. Here’s the advice given by Gardner Symonds (Former Chairman of Tenneco):
1. Raise capital.
2. Find a favorable environment to employ it.
3. Hire the key people.
4. Know when to get out of the way.
According to Gardner, Step 4 is the toughest to follow, but if you could do it well, it is the one that will make you rich.