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Posts: 1,309 | Thanked: 1,187 times | Joined on Nov 2008
#2792
Originally Posted by danramos View Post
I'm pretty certain I'm allowed to talk about "world leading companies," even in this context. I'm particularly sure you can't tell me not to.
Dear Dan,

I apologize for the wording; I would not dream of telling you what you can and cannot talk about. You're a smart person as far as I can judge, and I do not wish to limit your point of view to form it into mine. On the contrary, I wish to expand it to also see my point of view. I am sorry if I failed.

That said; a start up business can't afford a world class CEO. Some start up business help form a CEO into a world class CEO, but most start up businesses actually fail completely.

I am working in a no-longer-so-new start up business myself, and we have much of the same process here. A gründer with limited funding who needs to scramble together a few bucks to pay short term expenses, and CEO of Nokia need some of the polar opposite properties. As a gründer, formal education is more of a limit than an asset, as a multibillion corporation leader, such a person would usually find he doesn't know any of the theories of business strategy. You must be a gambler to gain success, but a gambler can ruin the most successful company just as quickly. Smart and well thought through manouvering can keep a big company on top despite all the small upstarters that aim for your throat.

Some people manage to go from little league to pro series without any education. I think you will find that these usually are the owners themselves and that's the only reason they haven't been replaced.
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