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Originally Posted by MikeHawk
It got under my skin that a few older members of our biz can make the money they did then take a big fat crap on the very biz they helped create and make all there money with. Amazing!
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Except that it isn't amazing.
How many people who have enjoyed major success do you think are running businesses they still understand? Come to that, how many do you think have any real ambition left or even still enjoy turning up for work every day? I'm not being patronizing: I have been through this myself.
I started my first business in a 2-room basement with almost no capital. In less than 5 years it was in its own building with a 7-figure turnover. Very nice, but what almost no-one ever considers is that the job of growing a company from zero to its first million is totally different from that of earning its fifth million or its fiftieth. The focus of a business changes as it grows, shifting from earning money to managing it. The different phases require completely different skills and experience, even different pyschology and they are rarely all going to turn up in a single individual.
My response was to sell out and start something new. But I guess this business offers more support for fragile egos than most, among them opportunities to make sordid deals as a way of feeling still in control.