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LeeH LeeH is offline
Student of the obvious
 
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Join Date: May 2000
Location: Phoenix
Posts: 7,714
Quote:
Originally Posted by HardDrive View Post
+2. You make your own luck by being prepared to act, and recognizing opportunity.

I don't believe in luck, but I do believe in karma.
^^^^^^^^ My feelings exactly.

My friends think: Lee's really lucky. He bought a small business and sold it a few years later for a chunky profit.

I think: I got a degree in business, spent two years looking for just the right opportunity, managed the ownership transition carefully with regards to employees and customers, worked 6am to 8pm for the first year or so while learning a new industry, carefully managed a brilliant but PITA key employee, added new product lines, merged with a competitor, spent money to retain employees, identified that the market for our products was peaking, tracked down a business broker who truly knew his stuff, prepped the business for sale, and took a chance on an oddball offer that led to a sale price that was 20% above the asking price. Pretty lucky, right?
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Lee
Old 02-01-2013, 09:21 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #20 (permalink)