![]() ![]() ![]() Many young entrepreneurs, confusing ownership with control, can’t bring themselves to do this. Some notion of how shrewd they could be is perhaps revealed in the fact that they never tried to hoard a majority of the stock, but used it instead as a tool for growth. That may seem an elementary rule for making money in a business, but it is one that is easier to state than to obey. Herb Richman, who had helped to found Data General, said, “We did everything well.” Obviously, they did not manage every side of their business better than everyone else, but these young men (all equipped with large egos, as one who was around them at this time remarked) somehow managed to realize that they had to attend with equal care to all sides of their operation-to the selling of their machine as well as to its design, for instance.IBM set up two main divisions, each one representing the other’s main competition. ![]()
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