DO-BETTERS
Erickson asked staff to discuss why they loved certain products and companies. “That helped us realize we could form a different business model,” he says.
Gary Erickson had grown his all-natural energy-bar outfit, Clif Bar, under Friedmanite influence, understanding that the goal was to increase value for shareholders, period. But on April 17, 2000, he walked out on the scheduled sale of Clif Bar to Quaker, turning down a $120 million payday and instead plunging the company $60 million into debt.
His reclamation became a reckoning. He and his wife, Kit Crawford, who’d been an owner and board member since they were married in 1994, began to think. As she puts it: “We have a short time on this planet, so let’s turn this company into something more than just selling widgets, just to make more money and grow and grow and grow. For what?”
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Denne historien er fra Winter 2020 - 2021-utgaven av Inc..
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
A Bankable Pet Project - How Moonshots Capital helped eTailPet scale up and attract a buyer in just three years.
Berenice Giannini's startup, eTailPet, wasn't a natural fit for Moonshots Capital. The Austin-based venture firm, launched in 2014 by Kelly Perdew and Craig Cummings, both of whom had previously served in the U.S. Army, frequently backs companies founded by military veterans.
Backers Should Have Your Back - The best capital provider for your business will offer a helping hand, not just deep pockets.
Three years ago, U.S. entrepreneurs were enjoying one of the best funding environments in decades. Venture capital and private equity hit all-time highs as banks loaned at historically low interest rates. All you needed to get a term sheet, it seemed, was a smile and a pitch deck.
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There Will Always be Those Who Doubt You and Your Vision. Here's How to Tune Them Out. - Recently, I invited an experienced luxury hotelier to visit the new campus we were building near Santa Fe for Modern Elder Academy,
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A Scientific Discovery that Unlocks Your Body's Healing Power
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Transformative Growth: Agency Masters the Art of Evolution
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For the Love of the Restaurant Experience
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Custom PEO Solutions for Blue-Collar Industries
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Homebuying Was BrokenMeet the Founders Here to Fix It
Cecilian Partners is a fast-growing technology firm providing end-to-end solutions for production homebuilders and land developers.
A Focus on Complete Solutions for Regulatory Environments
The Northcross Group develops sustainable processes for clients with compliance needs.