“And so it was that after spending his entire adult life building his business, revolutionizing the industry, setting a new standard for meat quality, creating a famous brand, and racking up a couple hundred million dollars in sales, Niman wound up with nothing. Indeed, you might say less than nothin…”— Bo Burlingham, amazon.comTagged: Beef Industry, Bill Niman, Branding, Businesses in Retrospect, Capitalism
“You should build a business today as if you will own it forever but could sell it tomorrow... Oddly enough, you're far more likely to have a company that's built to last if you simultaneously build it to sell. You're also far more likely to have a happy exit.”— Bo Burlingham, amazon.comTagged: Building A Good Company, Exit Strategies, Selling Out