Methods of Prosperity 117 They Say He’s Nice. The Truth Is He’s Shrewd. Michael Dell “Ideas are a commodity. Execution of them is not.” – Michael Dell Most entrepreneurs who go public stay public. Michael Dell orchestrated something unprecedented in the tech industry. In 2013, he took his company private. It was the largest technology leveraged buyout ever ($24.9 billion). Then he brought it back public again in 2018. This gave him the freedom to make long-term strategic decisions. This kind of freedom came without quarterly earnings pressure. Which is a luxury most public company CEOs don't have.
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Methods of Prosperity 116 Fashion Is Fast But Wealth Is Slow Amancio Ortega “I’m sorry, ma’am, I’m very sorry, but I cannot lend you any more money.” – grocery store clerk to Amancio Ortega Gaona’s mother, 1948 Twelve year old Amancio Ortega Gaona was still holding his mother’s hand at the grocery store. That was the day he stopped being a child. At that moment of shock, he decided: “This will never happen to my mother again”.
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Methods of Prosperity 115 He Became a Billionaire Doing One Thing and Almost Lost It All Todd Graves “I’ve always believed in doing one thing and doing it better than anybody else.” – Todd Graves
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