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Ep 422. Creating Business Systems, John Neff, Multiple Expansion, Inflection Points, and Other Investing Musings

Focused Compounding

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Exploring the Concept of Systems and the Example of Howdens Joinery

This chapter delves into the concept of systems and their comparison to Howdens Joinery and Cap Cities. It explores the advantages of decentralization, autonomy, customer service, budgeting, goal tracking, and draws parallels between the two companies.

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