Big Sucks

Slide of the Day (Year?)

A staple of my Seminars is a riff (WITH TONS OF SUPPORTING DATA) on the Lousy Long-term Performance of VERY BIG Companies. Imagine my delight at coming across, in a Heathrow bookshop, economist Paul Ormerod's Why Most Things Fail: Evolution, Extinction and Economics. Herewith, my "quote/slide of the month":

I am often asked by would-be entrepreneurs seeking escape from life within huge corporate structures, "How do I build a small firm for myself?" The answer seems obvious: "Buy a very large one and just wait."