Quote:
Originally Posted by frank7799
Maybe that is what makes him so successful today. He was not involved in old fashioned businessmodels - most of the old companies dindīt even have one - and he can now develop new ones.
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Clueless reply. If you're going to sell a product a basic knowledge of that product and the business is fundamental. If you're going to get backing to the tune of $100 million having no knowledge of the business isn't a great starting point.
You need to understand where the old business models were wrong, to not repeat the mistakes.