Lego: Jørgen Vig Knudstorp
Wisdom From The Top with Guy Raz
How Much Money Are You Losing?
Lego had been a profitable companyan in the years and decades before, absolutely so. Company is founded in 19 32, and until 19 98, the company had never recorded a loss. But but 98 was the where, finally there was a big hole in the bocket. And things became a bit more exhilarated and dramatic. Nobody knew about this. It's like getting oxygen into your body - if we don't get air, we're dead. That's basically the ation the company was in; not generating enough liquidity to stay alive.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
